Monaxa fails to supply possession or government data on its web site. Moreover, Monaxa advertising and marketing movies characteristic AI-generated avatars.
Monaxa’s official Fb web page is managed from Indonesia and Malaysia:
As of February 2025, SimilarWeb tracked high sources of Monaxa web site visitors as Malaysia (42%), Singapore (24%) and Japan (14%).
This means whoever is working Monaxa is predicated out of Indonesia and Malaysia (weighed in favor of Malaysia).
As a substitute of being sincere about its Asian origins, Monaxa gives shell firm for the tax-havens Anguilla and Mauritius.
Because of the ease with which scammers are capable of incorporate shell firms with bogus particulars, particularly in dodgy jurisdictions, for the aim of MLM due-diligence shell firms are meaningless.
As all the time, if an MLM firm just isn’t overtly upfront about who’s working or owns it, assume lengthy and laborious about becoming a member of and/or handing over any cash.
Monaxa’s Merchandise
Monaxa has no retailable services or products.
Associates are solely capable of market Monaxa affiliate membership itself.
Monaxa’s Compensation Plan
Monaxa bundles entry to an unregistered foreign currency trading platform with “Acadamis programs”.
Acadamis programs price $150 and are bundled with a $100 in buying and selling stability.
Passive returns are derived via Monaxa’s “copy buying and selling” scheme. Extra funds could be invested into Monaxa on high of the unique $100 stability.
The MLM aspect of Monaxa pays on recruitment of Monaxa associates.
Referral Commissions
Monaxa pays referral commissions through a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the high of a unilevel workforce, with each personally recruited affiliate positioned immediately below them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel workforce.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Monaxa caps payable unilevel workforce ranges at six. Referral commissions are paid out on $150 funds made throughout these six ranges as follows:
- degree 1 (personally recruited associates) – $10
- degree 2 – $4
- ranges 3 and 4 – $2
- ranges 5 and 6 – 50 cents
Acadamis Course Commissions
Monaxa permits associates to create their very own Monaxa programs. These programs could be bought to different associates and pay the identical as referral commissions above.
The identical commissions are paid on the sale of Acadamis programs created by different associates.
Becoming a member of Monaxa
Monaxa affiliate membership is free.
Full participation within the connected revenue alternative requires a minimal $150 funding.
Monaxa Conclusion
Monaxa seems to be yet one more Malaysian foreign exchange rip-off.
Primarily with Monaxa you will have an unregistered foreign exchange funding scheme connected to a pyramid recruitment scheme.
Monaxa’s shell firm registrations are meaningless. Monaxa just isn’t registered to with commodities regulators in any of the international locations it’s promoted in (at present Malaysia, Singapore and Japan).
With nothing marketed or bought to retail clients, the MLM aspect of Monaxa is a clear-cut pyramid scheme.
The Acadamis programs don’t add any legitimacy to Monaxa’s fraudulent enterprise mannequin. However Acadamis seems to be run by the identical scammers working Monaxa:
If Monaxa’s personal advertising and marketing is something to go by, this lends itself to Acadamis programs being AI generated slop and/or plagiarized materials.
As with all MLM pyramid schemes, as soon as affiliate recruitment inevitably dries up so too will commissions.
This may finally immediate a collapse, ensuing within the majority of Monaxa associates shedding cash.