Khaled Khaled
Newbie
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For the title: Monaxa canceled my profits after requesting a withdrawal
I want to share my experience with Monaxa so that other traders can be careful.
I opened a trading account and deposited $25. The company has put out a promotion that adds a $50 bonus. I traded normally on the platform and my balance eventually reached $670.
When I asked to withdraw $620, the company suddenly canceled all my profits and only returned my original $25 deposit.
Monaxa claimed that I had violated the terms of the bonuses, but waited until I made profits and requested to withdraw them before taking any action. If there was any problem with the account or trading activity, it should have been addressed earlier, not after the profits were made.
This behavior raises serious concerns about fairness and transparency. Many traders rely on brokers to operate with integrity and respect legitimate trading profits.
I hope Monaxa will revisit this issue and offer a just solution. Otherwise, I will continue to share my experience on multiple review platforms to warn other traders.
I want to share my experience with Monaxa so that other traders can be careful.
I opened a trading account and deposited $25. The company has put out a promotion that adds a $50 bonus. I traded normally on the platform and my balance eventually reached $670.
When I asked to withdraw $620, the company suddenly canceled all my profits and only returned my original $25 deposit.
Monaxa claimed that I had violated the terms of the bonuses, but waited until I made profits and requested to withdraw them before taking any action. If there was any problem with the account or trading activity, it should have been addressed earlier, not after the profits were made.
This behavior raises serious concerns about fairness and transparency. Many traders rely on brokers to operate with integrity and respect legitimate trading profits.
I hope Monaxa will revisit this issue and offer a just solution. Otherwise, I will continue to share my experience on multiple review platforms to warn other traders.
