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No Regulation
Score
1.88 /10
Danger
MONEYPLANT
1-2 yearsSuspicious Regulatory License
MT5 Full License
Regional Brokers
High potential risk
Influence
D
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Comparison
Expose
Exposure
Open Account
Website
Score
Regulatory Index0.00
Business Index5.28
Risk Management Index0.00
Software Index7.94
License Index0.00
Open Account
Website
Licenses
No valid regulatory information, please be aware of the risk
VPS Standard
No restriction on the broker account. Support service provided by WikiFX
Single Core
1G
40G
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Warning: Low score, please stay away!
Previous Detection :
2025-07-14
- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| 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 Information
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 and Cons
| 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) |
Is MONEYPLANT Legit?
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.
What Can I Trade on MONEYPLANT?
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 | ✅ |
Account Types
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 |
Leverage
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.
MONEYPLANT Fees
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
| Non-trading Fees | |
| Deposit Fee | None |
| Withdrawal Fee | Up to $40 or 2.5% depending on payment type |
| Inactivity Fee | Not mentioned |
Trading Platform
| 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 | ❌ | – | – |
Deposit and Withdrawal
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 |
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