Who Are Monevis?
If you’re exploring the world of proprietary trading, chances are you’ve stumbled across Monevis. But what is it exactly? Is it just another cookie-cutter prop firm, or does it offer real opportunities for serious traders? Buckle up, because we’re diving into the gritty details, and yes, we’ll decode the lingo without boring you to tears.
At its core, Monevis is a proprietary trading firm (prop firm) that provides traders with access to significant amounts of capital, letting them trade without risking their own money. Sounds like a dream, right? Well, there’s a catch, but it’s a fair one.
Monevis isn’t handing out free money to just anyone who can click “Buy.” You’ll need to prove your skills via their evaluation process, aptly named the Monevis Prop Firm Challenge. Once passed, successful traders receive a funded account, profit-sharing opportunities, and access to advanced trading platforms, without coughing up personal capital for trades.
Think of Monevis as a financial partner that backs your trading strategies, like a silent investor who cheers you on from the sidelines but watches your drawdowns like a hawk.
Here’s the kicker: the Monevis prop firm doesn’t just fund you and walk away. They monitor performance, risk management, and ensure you stick to the rules (more on those in a minute). That’s how they protect their capital, and yours too.
Monevis operates its MetaTrader 5 (MT5) servers under a MetaQuotes license, ensuring full control over its trading infrastructure and providing a reliable and secure environment for its users.
How the Monevis Prop Firm Challenge Works
So, you’re ready to ditch the demo account and prove you can handle a real trading portfolio? The Monevis Prop Firm Challenge is where your funded trading journey begins, and trust us, it’s not as intimidating as it sounds… if you know how to play by the rules.
The challenge is structured to filter out reckless traders while rewarding those with discipline, risk control, and a solid trading edge. It’s not just about big gains, it’s about consistent performance, proper strategy execution, and adherence to Monevis’s specific parameters.
Let’s break down this process, step-by-step.
Choose Your Account Size and Profit Split
Before you even place a trade, you’ll need to pick your account type. Monevis offers a variety of account sizes to suit different risk appetites and skill levels, ranging from $10,000 to $200,000. Larger accounts come with more breathing room in terms of drawdown limits and often offer higher payout potentials.
Most accounts include a profit split ranging between 80% and 90%, which is extremely competitive in the prop trading space. That means if you generate $10,000 in profits, you get to keep $8,000 to $9,000 of it. Yes, seriously.
Complete the Monevis Prop Firm Challenge
Here’s where the fun begins.
The challenge typically consists of two evaluation phases:
- Phase 1: Reach a target profit (e.g., 8-10%) without breaching daily loss or trailing drawdown limits.
- Phase 2: Prove you can maintain consistent risk management and hit a smaller target (e.g., 5%) over a longer period.
Traders usually have up to 30 trading days for Phase 1 and 60 days for Phase 2, though this can vary based on account size.
The purpose isn’t to hit one lucky trade, it’s to show Monevis you have a repeatable edge and can stick to your plan. Don’t go full YOLO here. Think marathon, not sprint.
Pass Evaluation and Get Funded
If you meet all the challenge criteria (profit target, no rule violations), Monevis will upgrade you to a funded account. Congratulations, you’re now trading real money.
What’s cool? You’ll retain your same trading dashboard, account metrics, and platform. There’s no hidden re-evaluation, and you’re immediately eligible to start earning real profits.
What Are the Options for Funded Accounts?
Passing the challenge is a triumph, but the real journey begins once you’re funded. Monevis offers flexible, trader-centric funded account options designed to support long-term growth, not just short-lived glory.
Think of your funded account as a performance-based partnership. Monevis provides the capital and oversight; you bring the skill, discipline, and market intuition. Together, you aim to grow the account profitably, and you both share the spoils.
Funded Account Sizes
Monevis offers the same account sizes in the funded phase as in the challenge: $5,000, $10,000, $25,000, $50,000, and $100,000.
Once funded, you’re trading real capital, but with protective boundaries to minimize risk. Each account size retains the same drawdown limits you faced in the evaluation phase, keeping things fair and predictable.
Unlike some firms that pull the rug after one bad day, Monevis is structured to support consistency over perfection. That means your entire account won’t get nuked because of one misstep, provided you follow the rules.
One-Step Challenge
Account Size | Challenge Fee | Profit Target | Max Daily Drawdown | Max Overall Drawdown |
$5,000 | €59 | 10% | 3% | 6% |
$10,000 | €109 | 10% | 3% | 6% |
$25,000 | €249 | 10% | 3% | 6% |
$50,000 | €355 | 10% | 3% | 6% |
$100,000 | €565 | 10% | 3% | 6% |
- Profit Target: 10%
- Max Daily Drawdown: 3%
- Max Overall Drawdown: 6%
- Minimum Profitable Days: 2
- Time Limit: Unlimited
Two-Step Challenge
Account Size | Challenge Fee | Profit Target (Phase 1 & 2) | Max Daily Drawdown | Max Overall Drawdown |
$5,000 | €49 | 10% / 5% | 5% | 10% |
$10,000 | €89 | 10% / 5% | 5% | 10% |
$25,000 | €239 | 10% / 5% | 5% | 10% |
$50,000 | €350 | 10% / 5% | 5% | 10% |
$100,000 | €549 | 10% / 5% | 5% | 10% |
- Phase 1 Profit Target: 10%
- Phase 2 Profit Target: 5%
- Max Daily Drawdown: 5%
- Max Overall Drawdown: 10%
- Minimum Profitable Days: 3
- Time Limit: Unlimited
Three-Step Challenge
Account Size | Challenge Fee | Profit Target (Each Phase) | Max Daily Drawdown | Max Overall Drawdown |
$5,000 | €35 | 4% | 4% | 4% |
$10,000 | €55 | 4% | 4% | 4% |
$25,000 | €145 | 4% | 4% | 4% |
$50,000 | €245 | 4% | 4% | 4% |
$100,000 | €385 | 4% | 4% | 4% |
- Profit Target per Phase: 4%
- Max Daily Drawdown per Phase: 4%
- Max Overall Drawdown per Phase: 4%
- Minimum Profitable Days: 3
- Time Limit: Unlimited
Optional Add-Ons
Monevis provides optional add-ons to enhance your trading experience:
- Weekly Payouts: +25%
- Increased Profit Split: +20%
- Increased Leverage: +10%
These add-ons can be selected during the challenge purchase process to tailor the account to your trading preferences.
Profit-Sharing Models
Here’s where things get juicy. Monevis offers a base profit split of up to 90%, and yes, you can increase it.
Standard payout models:
- One-Step Challenge Funded Accounts: Up to 85–90% profit split
- Two-Step & Three-Step Challenges: Start around 80–85%, with options to upgrade
Optional Add-On Boosts:
- Increased Profit Split Add-On (+20%) activate during checkout
- With this, your profit split can hit a whopping 96%, placing Monevis among the most generous prop firms in the business.
This isn’t just “industry competitive”, it’s a trader’s dream. Keep more of your gains while trading someone else’s capital? Sign us up.
Scaling Plans
Consistency doesn’t just lead to payouts, it leads to bigger accounts.
Monevis offers a Scaling Plan for traders who maintain profitability and adhere to risk guidelines over time. Here’s how it typically works:
- Initial Period: Demonstrate steady gains and avoid rule breaches for 3-4 months.
- Eligibility: Once consistent profits are verified, your funded capital may be doubled.
- Ongoing Performance: Continue scaling in increments based on profitability and compliance.
For example, a $25,000 account could eventually scale to $100,000+, giving disciplined traders the chance to evolve their strategies with greater leverage.
This rewards traders who treat the account like a business, not a casino.
Monevis’s Rules and Restrictions
Trading someone else’s money isn’t a free-for-all, and that’s a good thing. Monevis implements a set of clearly defined rules to protect both the trader and the firm’s capital. These rules aren’t just bureaucratic checkboxes, they reflect professional risk management standards used by hedge funds and institutional desks.
Whether you’re trading a $5K or $100K account, understanding and respecting these rules is key to longevity and profit.
Risk Management Guidelines (Trailing Drawdown, Max Daily Loss)
Risk rules are the spine of any prop firm’s funding model. Monevis enforces them rigorously, but also transparently. No surprise bans, no hidden clauses.
Here’s what you need to know:
- Max Daily Drawdown:
- One-Step: 3%
- Two-Step: 5%
- Three-Step: 4%
This limit ensures you don’t blow the account with one bad day. Hit the threshold, and your account is paused or terminated.
- Max Overall Drawdown (Trailing):
- One-Step: 6%
- Two-Step: 10%
- Three-Step: 4%
The trailing drawdown follows your equity high and gives you a cushion. It resets as you hit new highs, but beware, it’s always lurking. Proper stop-losses aren’t optional; they’re survival tools.
Pro Tip: Always account for floating trades. A winning position that reverses overnight could drag you into the danger zone if you’re not mindful.
News Trading, Overnight Holds, and Other Restrictions
Monevis strikes a balance between flexibility and safety:
- ✅ News Trading: Allowed, but high-impact events may require caution depending on your account type.
- ❌ Martingale or Grid Strategies: Forbidden. These risky systems can cause massive drawdowns with a single misstep.
- ⛔ Overleveraging: Watch your lot sizes. Monevis monitors them relative to your account balance.
- 🕒 Overnight & Weekend Holds: Allowed, but with responsibility. Volatility gaps can hurt, so plan accordingly.
This isn’t a firm that micromanages your trading, but they do expect professional discipline.
Consistency and Scaling Rules
Gone are the days when prop firms punished traders for making 90% of their profits in one day. Monevis doesn’t enforce aggressive consistency rules, but they do favor scalable, sustainable growth.
Here’s what they value:
- Consistent equity curve over time
- Respect for drawdown rules
- Balanced risk-to-reward strategy
- Smart position sizing, especially near payout or drawdown limits
If you’re a “one lucky trade” type, Monevis probably isn’t your playground. But if you’re in it to build a six-figure funded account and keep it, this structure rewards you generously.
Payment, Withdrawals, and Payout Process
One of the most common questions traders ask before joining any prop firm is: “Can I actually get paid?” With Monevis, the answer is yes, and they’ve made the entire process transparent, timely, and trader-friendly.
From signing up for the challenge to cashing out your profits, Monevis aims to make sure you feel in control of your financial journey.
Fee Payments (for Challenges and Funded Accounts)
Let’s break down what you pay and when.
- Challenge Fee: This is the upfront cost for participating in a One-Step, Two-Step, or Three-Step challenge. It’s a one-time, non-recurring fee, and refundable if you pass and receive funding. (Yes, you get your money back once funded. Nice touch.)
- Add-Ons: Optional perks like Weekly Payouts (+25%), Increased Profit Split (+20%), and Increased Leverage (+10%) can be bundled into your challenge for an additional fee. These are one-time payments made during checkout.
- No Monthly Platform Fees: Once you’re funded, Monevis doesn’t nickel-and-dime you with hidden charges. Everything’s built into the initial evaluation fee.
Accepted Payment Methods:
- Credit/Debit Cards
- PayPal
- Crypto (USDT, BTC, ETH)
- Bank Transfers (for select regions)
Profit Withdrawals and Payout Schedules
Now the golden question: How do payouts work once you’re funded?
Monevis uses a milestone-based payout structure, designed to reward early consistency and then shift to more flexible scheduling.
Initial Payout Timeline:
- First payout: After 10 calendar days of live tradingwith profit
- Subsequent payouts: Every 14 days or monthly (your choice)
Key Conditions:
- Must be in profit
- Must not have violated any risk rules
- Minimum withdrawal threshold applies (e.g., $50–$100)
Withdrawal Methods:
- Wise
- Crypto (Fast USDT payouts supported)
- SEPA/IBAN for EU users
- PayPal (for small accounts)
Traders regularly report 2–4 business day turnaround for withdrawals, faster than industry average. No clawbacks, no hidden charges, no stalling.
Payout Example:
Let’s say you’re on a $50,000 account with an 85% split and you’ve earned $5,000 in profit:
- Your Cut: $4,250
- Monevis’s Cut: $750
- Add-on Bonus (if applied): You could bump this to $4,800+, that’s a healthy paycheck for trading capital you didn’t risk yourself.
Payment Proof
Examples of payout certificates and payment proof for Monevis can be seen below.
Comparison: Monevis vs Other Top Prop Firms
Let’s see how Monevis stacks up against industry leaders like FTMO, FundedNext, and The5ers. These firms are widely respected, but Monevis has carved out some serious competitive edges in 2025.
Feature | Monevis | FTMO | FundedNext | The5ers |
Challenge Types | 1-Step, 2-Step, 3-Step | 2-Step only | 1-Step & 2-Step | Instant/Classic |
Profit Split (Max) | Up to 96% with add-ons | 90% | 90% | 85% |
Max Account Size | $100,000 | $200,000 | $200,000 | $100,000 |
Payout Frequency | Weekly or Biweekly | Monthly (1st payout 30 days) | Biweekly | Monthly |
Refundable Challenge Fee | ✅ Yes | ✅ Yes | ✅ Yes | ❌ No |
Add-Ons | Yes (Profit, Leverage, Payouts) | No | No | No |
Scaling Plan | ✅ Yes | ✅ Yes | ✅ Yes | ✅ Yes |
Overnight/Weekend Holding | ✅ Allowed | ❌ No (Eval phase) | ✅ Allowed | ✅ Allowed |
News Trading Allowed | ✅ Yes | ❌ No (during challenge) | ✅ Yes | ✅ Yes |
Where Monevis Excels
- Customization: With three challenge styles and add-ons, Monevis gives traders more control than firms with rigid evaluation models.
- Payout Flexibility: Weekly payouts are a massive edge, especially for active day traders.
- Generous Profit Split Potential: 96% is top-tier, very few firms even come close.
- Beginner-Friendly Entry Point: With $5K challenges starting at €35, it’s an affordable route to professional funding.
Areas for Improvement
- Smaller Max Account Size:Currently capped at $100K, whereas FTMO and others offer $200K+ (though Monevis scaling can bridge that).
- Newer Brand Reputation: Being newer, Monevis doesn’t yet have the long-term trust legacy of FundedNext or The 5ers, but early reviews are promising.
Monevis Funding Customer Support and Help
Email: support@monevis.com
Social Media Profiles
- Instagram profile with 3.2k followers
- X/Twitter profile has 5.6k followers
- Linkedin profile with 85 followers
Monevis Trust Pilot Reviews
Monevis has received great customer feedback from its traders on Trust Pilot. With an overall score of 3.1 out of 5 from 262 reviews.
Conclusion
Monevis Funding stands out as a significant player in the proprietary trading firm space, offering a range of trading challenges, flexible account options, and a supportive trading environment. Its commitment to security, regulatory compliance, and innovative technology provides traders with a reliable platform to achieve their financial goals. With a comprehensive support system, diverse trading instruments, and generous profit splits, Monevis caters to both novice and experienced traders. While prospective traders should carefully consider the platform’s rules and restrictions, Monevis presents a compelling option for those looking to expand their trading capabilities and succeed in the competitive world of futures prop trading.
FAQ’s
Traders can manage up to $500,000 in initial capital, with the potential to scale up to $1,500,000 based on performance.
Monevis offers competitive profit splits of up to 90% to its traders.
The evaluation process involves a two-phase assessment where traders aim to achieve a 7% profit target in the first phase and a 4% target in the second phase, while adhering to strict risk management guidelines.
Monevis has a transparent fee structure with low commissions.
The CEO of Monevis is Milos, a forward-thinking leader dedicated to creating opportunities for traders and providing flexible funding options and access to cutting-edge trading platforms.
About the Author
I’m Ronan Edwards, a funded futures trader and content creator with over 7 years of experience across cryptocurrency and financial markets. My journey began in the 2017-2018 crypto boom, where I laid the foundation for my trading approach, later expanding into forex, gold, and meme coins.
