Introduction
Monevis Funding is a proprietary trading firm that provides funded accounts to traders who successfully complete its evaluation programs. The firm emphasizes technological independence and operational transparency. With a range of account types, proprietary infrastructure, and performance-based rewards, Monevis aims to offer structured trading opportunities to individuals seeking access to firm-backed capital.
Company Structure and Background
Business Registration
Monevis Funding operates through two registered entities. One is based in Bratislava, Slovakia, under the name Monevis s.r.o. The other operates internationally through Monevis Brokers Ltd, which is registered in Saint Lucia. These two entities allow the company to manage operations across different markets.
Leadership and Management
The company is headed by CEO Milos Mosovsky, whose background includes work in software development and financial technology. Under his direction, Monevis has focused on building its own technology stack instead of using external platforms or third-party infrastructure providers.
Platform Ownership
Monevis controls all aspects of its trading infrastructure. It hosts its own MetaTrader 5 servers and maintains direct control over pricing feeds, data management, and order execution. This eliminates reliance on external vendors and allows for greater stability and faster transaction processing.
Trading Models
Monevis offers three main types of funded trading models. Each model has different entry conditions, rules, and profit-sharing structures.
Two-Step Evaluation
This is the standard model used by many prop trading firms. It consists of two phases:
- Phase 1: Traders must meet a profit target, typically around 10%, within a defined period while respecting daily and total drawdown limits.
- Phase 2: The profit target is lower, generally about 5%, but the same risk rules apply.
Passing both phases results in a funded account. Traders who complete this process can then start earning a portion of the profits generated.
One-Step Evaluation
This model simplifies the challenge into a single step. The trader must meet a profit target, usually around 10%, while staying within the daily and overall drawdown limits. The one-step evaluation is designed for more experienced traders who prefer a shorter evaluation process.
Instant Funding
This model provides immediate access to a live trading account without requiring an evaluation. Traders select a profit target, such as 6%, and have 30 days to reach it. If the target is not met but progress is close, the trader may be allowed to extend the trading period. This model includes a lower profit split than the evaluation-based accounts and has more conservative rules to manage risk.
Account Sizes and Fees
Monevis offers a variety of account sizes across its three models. Costs vary depending on the account type and the size of capital requested.
- Small accounts: Start at $3,000 and have lower entry fees.
- Medium accounts: Range from $25,000 to $100,000, with moderate evaluation fees.
- Large accounts: Up to $200,000 with higher associated fees.
The entry fee for the smallest instant account starts around $19. Larger accounts in the two-step or one-step programs can cost over $500. Fees are typically refundable after successful evaluation completion and upon meeting payout eligibility.
Profit Splits and Payouts
Profit Sharing
Monevis offers different profit split percentages depending on the account type:
- Evaluation accounts: Up to 85% of profits go to the trader.
- Instant funding accounts: 50% profit share.
These splits are applied after a funded account has been activated and the trader generates profits within the allowed limits.
Payout Schedules
- Instant accounts: Eligible for bi-weekly payouts.
- Evaluation accounts: Payouts typically begin within 7 to 14 days after approval.
All payouts are subject to verification and compliance with trading rules. Monevis processes payouts regularly, provided the trader has respected the account’s risk parameters and completed any necessary account reviews.
Instruments and Platform Features
Supported Instruments
Traders with Monevis have access to a range of financial instruments:
- Forex: Major and minor currency pairs
- Metals: Gold, silver
- Indices: Global stock indices
- Commodities: Oil and energy products
- Cryptocurrencies: Select digital assets
This variety allows for different trading styles, including short-term scalping and long-term trend trading.
Technology and Platform
All trading is conducted through MetaTrader 5, hosted on Monevis’s internal infrastructure. The firm maintains direct control over platform stability, latency, and trade execution.
Features of the Monevis trading environment include:
- Custom trader dashboard
- Real-time metrics for drawdown and equity
- Instant verification of challenge milestones
- Secure data handling within company-owned servers
Monevis was recognized in industry discussions for its internal technical setup and received attention for building a platform without relying on external service providers.
Trading Rules and Risk Management
Monevis enforces a strict set of rules across all account types to manage risk and ensure consistency.
Risk Parameters
- Daily drawdown limit: 5%
- Maximum total drawdown: 10%
These rules apply to all stages of trading, including evaluations and funded accounts. Breaching these limits results in automatic account termination or disqualification from payouts.
Additional Rules
- Inactivity: Accounts that remain unused for 30 consecutive days are closed.
- High-frequency trading: Not allowed on any account type.
- News trading: Permitted under most conditions, but may be restricted during high-impact events.
Traders are advised to understand these rules thoroughly before beginning any challenge or trading session.
Operational Highlights
Technical Independence
One of Monevis’s standout features is its control over its own trading technology. By hosting MetaTrader 5 servers in-house and managing all execution pipelines, the firm reduces the risks associated with third-party failures.
Payout Efficiency
Monevis offers fast and predictable payout processing for traders who meet performance and risk requirements. The firm’s internal handling of account data supports a quicker turnaround for verification and payment cycles.
Flexible Account Options
With three distinct account models—two-step, one-step, and instant—Monevis allows traders to select an approach that fits their skill level and risk tolerance. This flexibility supports a broader trader base, from beginners to professionals.
Key Considerations
Strengths
- Full control over trading technology and execution
- Multiple evaluation models for different experience levels
- High profit splits for successful traders
- Fast payout processing and transparent rules
- Access to major instruments and markets
Limitations
- Strict risk rules may limit aggressive strategies
- Customer support responsiveness can vary
- Limited educational tools for beginners
- Smaller profit share on instant funding accounts
Conclusion
Monevis Funding provides a structured and technically robust proprietary trading environment. Its emphasis on internal infrastructure, transparent evaluation paths, and regular payouts positions it as a competitive option for traders seeking access to capital under clear guidelines. The variety of models—ranging from instant access to multi-phase challenges—caters to different trading styles and levels of experience.
While some limitations exist in terms of support and strategy restrictions, Monevis’s approach to platform control and profit sharing makes it a notable presence in the proprietary trading industry.
