If you are looking to purchase Monevis challenges at a discounted rate, then the latest Monevis coupon code ARCHANA10 is the best way to save money instantly. Monevis has gained popularity in the prop trading space for offering trader-friendly rules, fast payouts, and reliable funding models. Whether you are an experienced trader or just starting out, saving money on challenge fees is always a smart decision. This detailed guide explains everything you need to know about using the Monevis coupon code, available benefits, challenge types, payout conditions, and practical tips to pass your funded challenge successfully.
This SEO friendly article covers all aspects of Monevis challenges with a focus on helping traders take full advantage of the 10 percent discount coupon code ARCHANA10.
What Is the [Monevis Coupon Code ARCHANA10](
The Monevis coupon code ARCHANA10 is a promotional discount that allows new and existing users to get 10 percent off on any Monevis prop firm challenge. When you apply this code during checkout, the challenge price is reduced instantly. Instead of paying the full amount, you save money and can start your funded journey at a lower cost.
Monevis releases special promotional codes occasionally, but ARCHANA10 remains one of the most popular and widely used discount codes due to its flat 10 percent savings on all challenge types.
Using the coupon code is straightforward. You simply enter ARCHANA10 in the discount field on the payment page, and your total cost reflects the new discounted amount.
Why Traders Prefer Monevis Challenges
Monevis has established itself as a trusted prop firm by offering flexible rules, transparent evaluation processes, and generous profit sharing. Here are the key reasons why traders around the world choose Monevis challenges.
Monevis offers competitive profit share percentages, allowing traders to earn a substantial portion of the profits once funded.
The rules are designed to be trader friendly with realistic daily drawdown and overall drawdown levels. This makes it easier for traders to maintain discipline while operating within safe risk limits.
The firm processes payouts quickly using trusted payment methods. Payouts are available as soon as the trader fulfills the minimum trading period and profit requirements.
Monevis provides a fast evaluation process where traders can complete the challenge quickly if they meet the profit targets early.
They offer a wide range of trading instruments including forex, crypto, indices, commodities, and stocks, giving traders more flexibility in building strategies.
Its funding models support different trading styles, whether scalping, day trading, swing trading, or algorithmic strategies.
Combined with the Monevis coupon code ARCHANA10, these features make the prop firm a cost effective choice.
How to Use the Monevis Coupon Code ARCHANA10
Using the discount code on the Monevis platform is simple. Follow these steps to redeem your 10 percent discount.
Visit the official Monevis website and choose the challenge that matches your account size requirement.
Click on Checkout or Enroll Now to proceed to the payment page.
On the checkout screen, you will find a box labeled coupon code or promo code. Enter ARCHANA10 in this field.
Once applied successfully, the challenge fee will reduce by 10 percent.
Complete your payment using one of the supported payment methods.
After completing these steps, your challenge account will be activated, and you can start trading immediately.
What Types of Challenges Are Available at Monevis
Monevis offers different challenge structures to suit individual trading preferences. These challenges vary based on profit targets, drawdown limits, and evaluation phases.
Single Phase Challenge
The single phase model gives traders immediate access to funding after clearing a simple evaluation. You only need to reach a specific profit target without violating drawdown rules. The evaluation period is relatively short, making this model ideal for experienced traders who can generate consistent returns quickly.
Two Phase Challenge
The two phase challenge is the most common model among prop firms. Traders must pass both Phase One and Phase Two before receiving a funded account. Although this model requires an extra step, the rules are generally easier with lower profit targets. Using the Monevis coupon code ARCHANA10 reduces the initial cost significantly, making the two phase challenge an affordable option for most traders.
Instant Funding Accounts
Monevis also offers instant funding for traders who prefer to skip the evaluation entirely. Although this option is more expensive, the discount code helps reduce the entry price and makes it more accessible.
Key Features of Monevis Challenges
Several features make Monevis stand out from other prop firms.
Generous Profit Targets
The profit targets in Monevis challenges are reasonable compared to industry standards. Traders are not pushed to take excessive risks, which helps maintain consistency and discipline.
Realistic Drawdown Limits
Daily drawdown and overall drawdown limits are designed to allow traders enough flexibility to trade comfortably without unnecessary pressure.
Fast Verification
Once traders meet profit targets, verification is completed quickly, and no additional waiting period is required. The evaluation process is efficient and supports a smooth transition into funded trading.
Leverage Options
High leverage options are available depending on the instrument being traded. This helps traders maximize their strategies while managing risk effectively.
Multiple Trading Platforms Supported
Traders can choose from platforms like MetaTrader, cTrader, or other integrations supported by the firm.
24 by 7 Customer Support
Monevis provides reliable support to help traders resolve issues quickly. Whether you need help applying the coupon code ARCHANA10 or understanding the rules, support is always available.
Benefits of Using the Monevis Coupon Code ARCHANA10
Using a coupon code to reduce your challenge fee is always beneficial, especially when you are preparing to take on a prop firm evaluation. Here are the main advantages of using the Monevis code.
The most obvious benefit is the instant 10 percent reduction on your challenge fee. This saves money and lowers your financial risk.
You can use the savings to invest in better trading tools, a VPS, or risk management software.
With a lower cost, you can attempt multiple challenges if needed, increasing your likelihood of success.
The discount encourages new traders to get started without worrying about high entry fees.
Whether you are buying a small challenge or a large account, the ARCHANA10 coupon applies universally.
Step by Step Guide to Passing the Monevis Challenge
Passing a prop firm challenge requires consistency, discipline, and strong risk management. Here are some practical tips for improving your chances of success.
Maintain Strict Risk Management
Risk only a small percentage of your capital per trade. This ensures you stay within daily drawdown limits. Avoid oversized positions and stick to your trading plan.
Avoid Overtrading
Many traders fail challenges due to emotional overtrading. You only need to reach your target, not prove anything to the market. Trade with patience.
Use a Strategy You Understand
Do not experiment with new strategies during the challenge. Stick to a method you are comfortable with and have already backtested.
Monitor Drawdown Levels
Daily and maximum drawdowns are critical components of any prop challenge. Always stay aware of your current drawdown levels and adjust trading size accordingly.
Limit Trading During High Volatility
Major news events can cause sudden market spikes. Unless your strategy is built for high volatility, it is better to avoid trading during such times.
Maintain a Trading Journal
Track your trades and analyze your performance. This helps identify mistakes and improve decision making.
Choose the Right Account Type
If you are a scalper, choose an account type with tight spreads. If you are a swing trader, select an account with lower swap fees. Use the Monevis coupon code to get a discount on whichever challenge suits your style.
Payout Structure at Monevis
Once you pass the challenge and get funded, the payout structure becomes an important factor. Monevis offers competitive payouts compared to the prop trading industry.
High Profit Split
Funded traders can earn a large portion of their generated profits. The split depends on the account type and firm policies at the time of funding.
Fast Withdrawals
Payouts are processed quickly once conditions are met. Many traders receive their profits within a few business days.
Flexible Withdrawal Schedules
You can choose how often you want to receive payouts based on your trading style and profit levels.
Why Monevis Is a Good Choice for New Traders
New traders often struggle to find the right prop firm due to strict rules or high challenge fees. Monevis is a good choice because the rules are simpler, and the discount code reduces entry cost. Some reasons why beginners prefer Monevis include the following.
Simple evaluation rules give new traders a better chance of passing.
Lower cost challenges start at affordable prices.
Customer support is responsive, helping beginners with queries.
Profit targets are achievable without taking unnecessary risks.
With the coupon code applied, even beginners can access large account sizes without spending too much upfront.
Frequently Asked Questions about Monevis Coupon Code ARCHANA10
Can the coupon code be used more than once
In most cases, the code can be used multiple times unless restricted by an ongoing promotion. Check the platform terms at the time of purchase.
Does the discount apply to all challenge sizes
Yes, the Monevis coupon code ARCHANA10 works on all account sizes, including small and large challenge packages.
Will I still get a refund on a passed challenge if I use the coupon
Yes. Prop firms typically refund the challenge fee upon successful completion regardless of whether a discount was used.
Is the coupon code valid worldwide
Yes, traders from any supported country can use the discount code.
Does the coupon code affect the payout percentage
No. Your payout structure remains the same even if you apply a discount at the time of purchase.
Final Thoughts
The Monevis coupon code ARCHANA10 is one of the easiest ways to save money while starting your prop trading journey. Whether you are a beginner or an advanced trader, using the discount code helps you lower your challenge cost and begin your evaluation with confidence. Monevis is known for its beginner friendly rules, fast payouts, and flexible trading conditions, making it a trusted choice among global traders.
By taking advantage of the 10 percent discount, choosing the right challenge model, and following a disciplined trading approach, you can increase your chances of becoming a successful funded trader.
If you are planning to join Monevis, do not forget to apply the coupon code ARCHANA10 at checkout and enjoy instant savings.
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