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2-5 years Full License
LicensesNo valid regulatory information, please be aware of the risk!
Warning: Low score, please stay away!
Comoros
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
moneyplantfx.com United States
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| MONEYPLANT Review Summary | |
| Founded | 2023 |
| Registered Country/Region | Comoros |
| Regulation | Not regulated |
| Market Instruments | Forex (30+ pairs), Commodities, Metals, Indices, Stocks |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread | From 0.0 pips (as claimed); From 1.2 pips (Standard Account) |
| Trading Platform | MetaTrader 5 (MT5), Copy Trading, Mobile Trading App |
| Min Deposit | $100 |
| Customer Support | Email: info@moneyplantfx.com |
| Phone (UAE Office): +971-43489984 | |
MONEYPLANT is an offshore broker registered in Comoros and founded in 2023. It is not regulated by any authority. The broker provides a range of instruments including forex, commodities, metals, and indices, and operates on MetaTrader 5. It also supports copy trading and mobile platforms but lacks information on swap fees and does not offer Islamic account.
| Pros | Cons |
| Low minimum deposit ($100) | Not regulated |
| Supports MT5, mobile, and copy trading platforms | Swap fees not disclosed; no Islamic account |
| Claims zero commission on trades | High withdrawal fees depending on method (up to $40) |
MONEYPLANT is not a regulated broker. Although it is registered in Comoros, it is not licensed by any recognized financial authority within the country.
According to WHOIS, the domain moneyplantfx.com was registered on February 1, 2023, and is currently active until its expiration on February 1, 2026.
MONEYPLANT offers over 30+ currency pairs, along with various commodities, indices, metals, and stocks for trading. While it provides access to major financial markets, it does not support cryptocurrencies or ETFs.
| Tradable Instruments | Supported |
| Forex | ✅ |
| Commodities | ✅ |
| Metals | ✅ |
| Crypto | ❌ |
| CFD | ✅ |
MONEYPLANT offers two account types: a Standard live account and a Demo account. The Standard account requires a $100 minimum deposit, features spreads from 1.2 pips, leverage up to 1:500, and runs on MT5 with market execution. It's suitable for regular traders who want flexibility and moderate trading costs. A free demo account is also available for beginners to practice. There is no mention of an Islamic (swap-free) account.
| Account Type | Min Deposit | Spreads | Leverage | Platform | Commission | Suitable For |
| Standard | $100 | From 1.2 pips | Up to 1:500 | MT5 | No | Regular traders |
| Demo | $0 | From 1.2 pips | Up to 1:500 | MT5 | No | Beginners, practice use |
MONEYPLANT offers leverage of up to 1:500 on its Standard account. This allows traders to control much larger positions with a relatively small deposit.
Compared to industry standards, MONEYPLANTs trading fees are relatively low, especially with claims of 0.0 pip spreads on EUR/USD and zero commissions. However, details on swap (overnight holding) fees are not clearly disclosed.
| Non-trading Fees | |
| Deposit Fee | None |
| Withdrawal Fee | Up to $40 or 2.5% depending on payment type |
| Inactivity Fee | Not mentioned |
| Trading Platform | Supported | Available Devices | Suitable For |
| MetaTrader 5 (MT5) | ✅ | Windows, macOS, Android, iOS | All levels – advanced charting & analysis |
| Copy Trading | ✅ | Web, Desktop, Mobile | Beginners & passive traders |
| Mobile Trading App | ✅ | iOS, Android (Smartphones & Tablets) | Traders who need flexibility on-the-go |
| MetaTrader 4 (MT4) | ❌ | – | – |
| cTrader / Others | ❌ | – | – |
MONEYPLANT offers multiple deposit and withdrawal methods, with no deposit fees on most methods but withdrawal fees vary depending on the payment method. The minimum deposit is $100, and all withdrawals are processed within 24 hours.
| Method | Min. Deposit | Min. Withdrawal | Fees (Deposit) | Fees (Withdrawal) | Processing Time |
| Bank Wire Transfer | $100 | Not specified | None | $40 | 2–4 days (deposit), 24h (withdrawal) |
| Credit/Debit Card | $100 | Not specified | 2.50% | 2.50% | 24 hours |
| Alternative Payment | $100 | Not specified | 0% or 0.50% | 0% or 0.50% | 24 hours |
MONEYPLANT withdrawal fee is up to $40 or 2.5%, depending on the payment type.
MONEYPLANT offers Forex (30 pairs), Commodities, Metals, Indices, and Stocks
MONEYPLANT supports MT5 for Windows, macOS, Android, and iOS. MONEYPLANT also has a Mobile Trading App and offers copy trading.
MONEYPLANT is unlicensed, which means that the operations of this broker are not regulated, even though it claims to protect traders' information.
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