Information about MonoTrade Company
The MonoTrade company provides binary options broker services, defining itself as “Your best trader”. The principle of Mono Trade’s activities is to predict the change in the price of an asset – whether it will rise or fall. In case of a correct forecast, the trader receives a profit, otherwise the loss is deducted, which is a standard scheme of binary options.
History of MonoTrade Company
Founded in 1999 by a Belgian named Kurt Brugge, MonoTrade started as an investment company, helping less affluent citizens place capital in businesses. In 2009, the company expanded its activities to financial markets, and in 2012, it began its journey at an international level. In 2017, a department for Russian-speaking traders was opened. MonoTrade appeared on the internet only in September 2019.
Choosing a Trading Account at MonoTrade
MonoTrade offers a choice of 5 types of accounts: Start, Silver, Gold, Platinum, Vip. It is recommended to start with a Gold account, which involves a deposit from $10,001 to $50,000 and includes a welcome bonus of up to 120%, accelerated fund withdrawals, analytical materials, and other benefits. The most affordable account is Start, requiring a deposit of $250, while the most expensive is VIP with a deposit of $100,000.
Personal Account at MonoTrade
Registration in the MonoTrade personal account takes a minimum of time, the user is immediately redirected to the trading platform. In the personal account, you can deposit funds, analyze activity, and apply for fund withdrawals. It is necessary to upload documents, including a passport scan, utility bill receipt, and the front side of the bank card.
MonoTrade Company Documents
MonoTrade does not provide information about registration certificates and licenses, but claims to be a regulated company. It is important to familiarize yourself with MonoTrade’s terms, warnings, and policies before using their services.
Contact MonoTrade
For any inquiries, you can contact MonoTrade via the website through the contact form, by email at [email protected], or by phone at +44 658 659 8588. The company’s legal address is Rybn? 716/24, Prague, Czech Republic.