Frequently Asked Questions
Everything you need to know about Monetro challenges, payouts, and trading rules.
Monetro operates under the framework in the UAE and offers three distinct evaluation models — Velocity (1-step), Evolution (2-step), and Endurance (3-step). All challenges include unlimited trading days, raw ECN spreads on cTrader, and average payouts in 8 hours — among the fastest in the industry.
Yes. Monetro is a legally registered technology company in the Sharjah Research Technology and Innovation Park (SRTIP), UAE. We are an Education and Technology provider — not a broker. We do not solicit investments and operate with full transparency about our business model.
The fee serves two purposes: (1) Commitment — it filters out traders who treat trading like gambling, ensuring a professional ecosystem. (2) Service cost — it covers real-time data feeds, platform licences, and the educational analytics tools provided during your evaluation.
Purchase an evaluation account, meet the profit target while respecting risk limits, and receive your funded Monetro Trader account. Keep up to 90% of all profits you generate. Velocity is 1-step; Evolution is 2-step; Endurance is 3-step with the lowest target per phase.
Monetro uses cTrader — an institutional-grade platform with raw ECN execution, spreads from 0.0 pips, and ultra-low commissions. No dealing desk, no re-quotes, and full depth-of-market transparency.
No. All rules are fully transparent and consistently enforced. You can trade news events, hold positions overnight and over weekends, and use any trading strategy including EAs and automated systems. No consistency rules apply on any challenge model.
Monetro offers funded accounts up to $200,000 in demo capital across all three challenge models — Velocity, Evolution, and Endurance.
Monetro's average payout processing time is 8 hours, making it one of the fastest payout prop firms in the industry. Payouts are initiated directly upon trader request with no minimum waiting period.