Verdict

Monevis suits nobody who needs to know what they are buying before they pay. The challenge products are conventionally priced and the static drawdown is real. But the firm’s own rules page states its daily and maximum drawdown limits with the percentages missing from the sentence, publishes no terms and conditions, names no jurisdiction, and shows an empty payout gallery. The biggest caveat: the Trustpilot profile carrying Monevis’s 258 reviews now displays another brand’s name and links to a domain that does not resolve.

Key terms, as published

All figures below were read directly from Monevis’s own pages on 14 August 2026. Source: the firm’s trading rules page and Instant Funding page.

• Challenge fees: Three Step $5,000 account, $35. One Step $5,000 account, $59. Instant $3,000 account, $29 list price, displayed at $15 behind a permanent 50%-off banner.
• Account sizes: $5K to $100K on One Step and Three Step; $3K to $50K on Instant, with maximum allocation stated as 50k.
• Profit targets: 10% (One Step), 4% per phase (Three Step), 6% (Instant).
• Maximum drawdown: 6% (One Step), 4% (Three Step), 8% (Instant). Static in all three cases, measured from the initial balance.
• Daily drawdown: 3% (One Step), 4% (Three Step), 2% (Instant), struck at 22:05 UTC against the higher of end-of-day balance or equity.
• Profit split: “Up to 85%” on the challenge accounts; a flat 50% on Instant.
• Leverage: 1:50 on FX and 1:20 on metals, upgradeable to 1:75 and 1:30; 1:6 on Instant.
• Payouts: “every 7 or 14 days based on your account”; biweekly on Instant. Minimum two profitable days (One Step) or three per phase (Three Step), where a profitable day means closed profit of at least 0.5% of the initial balance.

The rules page does not contain the rules

The Monevis rules page has a section headed “Daily Drawdown and Max Drawdown”. As rendered in a browser on 14 August 2026, the daily paragraph reads: “All Monevis accounts have a Maximum Daily Drawdown of based on the end-of-day closing balance or equity”. The percentage is simply absent from the sentence. The maximum drawdown paragraph does the same thing, telling traders they have a “Maximum allowed drawdown from the initial balance” without saying what it is.

This is not a rendering fault we introduced; the strings are shipped that way in the page’s own content bundle. The numbers do exist elsewhere, in the homepage plan cards and the per-challenge summaries lower down. But the canonical definition of the rule that ends most funded accounts is published with a hole in it.

The pattern repeats. Under prohibited strategies, the tick-scalping rule warns of “a restriction rule on the accounts that hold more than 50% for less than 120 seconds”. Fifty per cent of what is never stated, and the consequence is a breached account. The rules FAQ says “Monevis gives unlimited time for both phases”, while the plan panel for the same challenge shows a maximum of 45 days. The “How It Works” page describes a two-phase evaluation at 10% then 5% — a Two Step product that appears in neither the plan selector nor the visible rules page.

“No consistency rules” applies to one product, not the firm

Every page on monevis.com carries a banner advertising instant funding “with static drawdown and no consistency rules”. Both halves are true of the Instant product specifically. Neither is a statement about the challenges.

The evaluation accounts do carry a consistency constraint, and the firm says so on the rules page: it will not allow a trader to pass “through a single oversized trade”, or through same-asset, same-direction trades that together contribute more than 70% of the profit target. Monevis justifies this as a test of “trading consistency”. A trader who reads the banner, buys a One Step challenge and passes it on two strong days in the same pair has met the published target and can still be told the pass does not count.

The Three Step is stranger still. On a $5,000 account the profit target, the daily drawdown and the maximum drawdown are all $200 — the daily limit is not a cushion inside a wider allowance, it is the whole account. Firms marketing a “no consistency rule” headline usually still bind risk somewhere, as our review of Rebels Funding and its 1.5% risk cap found.

Payouts: an empty evidence trail

This is the section that matters most, and Monevis fails it on its own published material. The homepage advertises “blockchain-verified payouts”, yet its four rotating payout tickers render as the word “Payouts:” with no value, and the “Total Payouts:” counter at the foot of the page renders blank. The payouts page repeats that empty label twice. The certificates page, headed “Delivered Certificates”, returns an empty grid under its “All Certificates” filter. The live payout feed on the Instant Funding page reads “No data available”.

The one number that does render is on the homepage stat band, where “Paid to Monevis Traders” shows $40K+. The payouts page claims “over 40,000 active traders” in “over 50 countries”. Those figures cannot all be right: $40,000 spread across 40,000 traders is a dollar each. The adjacent “Traders” and “Trading Countries” counters render with no number at all, so the stat band is at least partly broken — but as published, the firm’s own total-payout figure is $40,000.

What we could not verify: a single completed payout. Monevis publishes no audited payout data, no dated payout log, and no certificate that actually loads. We could not verify the payout processing time, the “7 or 14 days” cadence in practice, or the claimed trader count. That is a finding, not a gap in our research.

The Trustpilot profile now belongs to a different brand

Monevis’s reviews sit at trustpilot.com/review/monevis.com. On 14 August 2026 that profile displays the name Zentro Funding, and its listed website is zentrofunding.com — a domain that returns no DNS record at all. Trustpilot’s data shows the profile was claimed on 29 February 2024 with no merge history, so this is a rename of the existing profile, not two businesses combined. Monevis itself is still live and still selling challenges. Rebrands that quietly reset a firm’s terms and review history recur in this sector, as the TopTier Trader rebrand to TX3 Funding showed, and a firm can vanish while its website carries on, as with Infinity Forex Funds.

The headline score is 2.6 out of 5 across 258 reviews, which Trustpilot labels “Poor”. The distribution is the interesting part: 45% five-star, 6% four-star, 2% three-star, under 1% two-star, and 47% one-star. Almost nobody had a middling experience.

Reading that average as a quality score is a mistake, and so is reading any single sample of it. We pulled all 11 pages of the recency-sorted English feed, 200 reviews, and split them by year. The 2024 cohort of 74 reviews averages 4.74; the 2025 cohort of 126 reviews averages 2.29. Month by month the score sat between 3.89 and 5.00 from May 2024 to March 2025, fell to 2.80 in April 2025 and 2.38 in May, then to 1.13 in June, 1.27 in July and 1.00 in each of August and September 2025. Anyone quoting 4.7 for Monevis is quoting the 2024 cohort; anyone quoting 2.6 is averaging two different companies. The score did not move with sample size — it moved with time.

Trustpilot’s metadata adds two points: the company has replied to none of its 16 negative reviews, and the profile is flagged as having recently invited users to review, worth knowing when reading the surviving five-star block.

The most recent review is dated 10 December 2025 — eight months of silence from a firm claiming 40,000 active traders. Recent one-star titles include “Unfair rule changes, payout issues, and no response from support”. Irfan Mohammad, a German reviewer writing on 22 August 2025, described buying a challenge, passing step one and never receiving a step-two account: “they took the fee, gave me one demo login, and then stopped responding”. We could not independently confirm any individual account of this kind, and Monevis has not replied to it publicly.

How the terms compare

Competitor figures were read from each firm’s own live pages on 14 August 2026.

Term	Monevis One Step	Monevis Instant	Ment Funding	FTMO Challenge
Profit target	10%	6%	10%	10%, then none on the funded account
Daily loss limit	3%	2%	5%	5%
Max drawdown	6% static	8% static	6% static	10%
Profit split	Up to 85%	50%	75% default, 90% paid add-on	90%
Payout cadence	Every 7 or 14 days	Every 14 days	First on request, then every 30 days	Not published on the pages read
Max FX leverage	1:75	1:6	Not published on the pages read	Not published on the pages read

Read across the Monevis columns and the Instant product costs a lot for its convenience: 35 percentage points of profit split and roughly 92% of the available leverage, in exchange for skipping an evaluation. Instant accounts also forbid weekend and overnight holding, restrict trading within five minutes either side of major news — where “profit deductions may apply” rather than a hard breach — and expire after 30 days, renewable by paying the fee again within seven days if the account finished in profit but under 6%. Charging a second fee to continue is the structural issue we found in FundYourFX’s instant funding, and the static-drawdown shape matches Ment Funding. Only FTMO here owns a regulated broker.

Regulatory posture

The named entity is Monevis Brokers Ltd., which appears only in the site footer and disclaimer. No company number, registered office, jurisdiction of incorporation or telephone number is published anywhere on the English site; support is email and live chat only. The site’s own translation bundle contains unused labels for “Registered Office”, “Physical Office” and “Company Number” that never render — the disclosure slots exist and are empty.

We searched two registers on 14 August 2026. The Czech business register returns no entity whose name contains “Monevis”, despite the firm’s Czech and Slovak locales and Czech-language reviews. UK Companies House lists only MONEVIS NETWORK LTD, company number 11608718, dissolved on 22 March 2022 — a different name, dissolved before the 2023 founding date the homepage claims. We could not locate the registration of Monevis Brokers Ltd.

Monevis is not regulated and does not claim to be. Its disclaimer states the company “only provides services of simulated trading and educational tools for traders”, does not act as a broker, and accepts no deposits. Accounts are simulated; funded capital is the firm’s, not the trader’s. No terms and conditions, privacy policy or refund policy is linked from the footer, and the usual paths for those documents return 404. The prop sector also sits outside the conduct rules binding retail brokers — see our coverage of the ESMA sweep that leaves prop trading untouched and why registration is not regulation.

FAQ

Does Monevis really have no consistency rule?
Only on the Instant product. The challenge accounts will not pass a trader whose profit came from one oversized trade, or from same-asset, same-direction trades contributing more than 70% of the profit target. The site-wide banner advertises the Instant terms, not the evaluation terms, and the distinction is not made in the banner itself.

What is the Monevis profit split?
“Up to 85%” on One Step and Three Step challenge accounts, and a flat 50% on Instant funding, per the plan panels on 14 August 2026. The word “up to” is not explained anywhere we could find, so the conditions that reduce it below 85% are not published. Both splits apply to simulated profits.

Why does the Trustpilot page say Zentro Funding?
The Trustpilot profile whose identifying domain is monevis.com now displays the name Zentro Funding and lists zentrofunding.com as its website. That domain has no DNS record. Trustpilot records no merge history for the profile, so the reviews are Monevis’s under a changed display name. Monevis has published no explanation.

Is Monevis regulated?
No. Monevis Brokers Ltd. states that it provides simulated trading and educational tools, does not act as a broker, and accepts no deposits. No licence, regulator, company number or country of incorporation is disclosed on the site, and we could not find the entity in the Czech or UK registers.

How much does a Monevis challenge cost?
On 14 August 2026 a $5,000 Three Step challenge was $35 and a $5,000 One Step was $59, rising with account size up to $100,000. Instant funding ran from $29 for a $3,000 account to $499 for $50,000, halved by a promotional banner that is displayed permanently. All fees are described as non-refundable.

This review is independent editorial analysis and is not financial, investment, or trading advice, and is not an endorsement or solicitation. The Industry Spread has no affiliate or referral relationship with the firms covered. Proprietary trading challenges carry a fee that is generally non-refundable, most participants do not reach a funded account, and funded capital is the firm’s capital, not the trader’s. Terms change frequently — always verify current rules directly with the firm before paying any fee.