Reviewed by PropFirm201 Research Team·At a Glance
Monevis Homepage
Pricing & Challenge Types
2-Step Challenge
2 phases · 85% profit split · Scaling available
| Account Size | Price | Target P1 | Target P2 | Daily Loss | Max DD |
|---|---|---|---|---|---|
| $10,000 | $99 | 8% | 5% | 5% | 10% |
| $25,000 | $199 | 8% | 5% | 5% | 10% |
| $50,000 | $299 | 8% | 5% | 5% | 10% |
| $100,000 | $499 | 8% | 5% | 5% | 10% |
| $200,000 | $899 | 8% | 5% | 5% | 10% |
1-Step Challenge
1 phase · 85% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $10,000 | $119 | 10% | 4% | 6% |
| $25,000 | $229 | 10% | 4% | 6% |
| $50,000 | $349 | 10% | 4% | 6% |
| $100,000 | $549 | 10% | 4% | 6% |
| $200,000 | $999 | 10% | 4% | 6% |
Instant Challenge
0 phases · 80% profit split · Scaling available
| Account Size | Price | Target P1 | Daily Loss | Max DD |
|---|---|---|---|---|
| $3,000 | $15 | 6% | 4% | 8% |
| $5,000 | $39 | 6% | 4% | 8% |
| $10,000 | $79 | 6% | 4% | 8% |
| $25,000 | $199 | 6% | 4% | 8% |
| $50,000 | $399 | 6% | 4% | 8% |
Monevis Plans Page
Pros & Cons
Pros
- Very low entry point starting at just $15 for a $3,000 instant account
- Weekly payouts with 2-4 business day processing
- No time limits on evaluation challenges
- Scaling plan up to $2,000,000
- AI-powered analytics and trading insights
Cons
- Relatively new firm founded in 2023 with limited track record
- Mixed Trustpilot reviews with reports of payout delays
- Reports of retroactive rule changes affecting active traders
- Smaller maximum account sizes compared to established competitors
- Limited platform options (MT5 only)
Trading Rules
About Monevis
Monevis is a proprietary trading firm founded in 2023 and headquartered in Bratislava, Slovakia. The firm positions itself as a next-generation, AI-powered prop trading platform, offering traders access to funded accounts ranging from $3,000 to $200,000. Founded by CEO Milos Mosovsky, Monevis has onboarded over 40,000 traders and processed over $1,000,000 in payouts since its launch.
Monevis differentiates itself through its use of artificial intelligence for trading analytics and its extremely low entry costs, with instant funding accounts starting at just $15. The firm also features blockchain-verified payments for transparency. While the firm shows promise with its innovative approach, it is still relatively young and building its reputation in the competitive prop firm space.
How It Works
Monevis offers three evaluation paths:
2-Step Challenge:
- Phase 1: Reach an 8% profit target while respecting the 5% daily loss limit and 10% maximum drawdown. Minimum 3 trading days with no maximum time limit.
- Phase 2: Reach a 5% profit target with the same risk parameters. Minimum 3 trading days.
- Funded Account: Trade with an 85% profit split with weekly payout eligibility.
1-Step Challenge:
- Complete a single evaluation with a 10% profit target, 4% daily loss limit, and 6% maximum drawdown. Minimum 3 trading days with no time limit.
- Upon passing, receive a funded account with an 85% profit split.
Instant Challenge: Skip the evaluation entirely and start trading with a funded account immediately. Hit a 6% profit target within 30 days while maintaining an 8% maximum drawdown to keep the account active.
Pricing & Plans
| Account Size | 2-Step Fee | 1-Step Fee | Instant Fee |
|---|---|---|---|
| $3,000 | N/A | N/A | $15 |
| $5,000 | N/A | N/A | $39 |
| $10,000 | $99 | $119 | $79 |
| $25,000 | $199 | $229 | $199 |
| $50,000 | $299 | $349 | $399 |
| $100,000 | $499 | $549 | N/A |
| $200,000 | $899 | $999 | N/A |
All challenge fees are refundable upon your first successful profit withdrawal from the funded account.
Rules & Restrictions
- Maximum Daily Loss: 4-5% depending on challenge type.
- Maximum Overall Loss: 6-10% depending on challenge type.
- Minimum Trading Days: 3 days for evaluation challenges; none for instant.
- Maximum Trading Days: No time limit on evaluations; 30-day renewable limit on instant.
- News Trading: Allowed on all account types.
- Weekend Holding: Not allowed; positions must be closed before market close on Friday.
- Expert Advisors: Allowed.
- Scalping: Allowed.
- Hedging: Allowed within the same account.
- Copy Trading: Not allowed.
Payouts
- Frequency: Weekly.
- Profit Split: 80-85% depending on challenge type.
- Methods: Cryptocurrency and bank transfer.
- Processing Time: 2-4 business days after request.
- Challenge Fee Refund: Included with the first profit split.
Is Monevis Legit?
Monevis is a legitimate but relatively new prop firm that is still establishing its reputation. Key considerations:
- Founded in 2023 with a limited but growing operating history.
- 40,000+ traders onboarded since launch.
- $1M+ in payouts processed, though this is modest compared to established firms.
- 3.3/5 Trustpilot rating from 268 reviews, indicating mixed experiences.
- Blockchain-verified payments add a layer of transparency.
- Reports of retroactive rule changes and delayed payouts are concerning.
While Monevis offers attractive pricing and innovative features, the mixed reviews and short track record suggest traders should start with smaller accounts and exercise caution.
FAQ
What is Monevis?
Monevis is a proprietary trading firm founded in 2023 in Slovakia. It offers funded accounts from $3,000 to $200,000 through 1-step, 2-step, and instant funding evaluation models, with profit splits of up to 85%.
How much does Monevis cost?
Monevis fees start as low as $15 for a $3,000 instant account. Evaluation challenge fees range from $99 to $999 depending on account size and type.
What is Monevis's profit split?
Monevis offers an 80-85% profit split depending on the challenge type chosen.
Does Monevis allow EAs/bots?
Yes, Monevis allows the use of Expert Advisors and automated trading strategies.
Is Monevis available in the US?
Yes, Monevis accepts traders from the United States.