.
MoniMaster iOS 2.2.0 needs Apple iTunes and Apple iCloud, things I would NEVER let an adult use, so I would certainly never let a child use them ... and the information in those resources is yours anyway, so all MoniMaster is doing is reading your information and reformatting it and rebroadcasting it for you.

Apple products require complete disclosure of name, address, phone, email, credit card, so Apple products are pretty much forbidden to be used by ANYONE under legal age who cannot execute legal responsibility for a financial contract ( note the credit card required to operate an Apple device ).

So, MoniMaster iOS 2.2.0 is just begging insane people to continue to pour money into their insanity.

Spying is one thing, but paying Apple AND paying MoniMaster to let you spy on your own information is insanity doubled.
__________

Now, if MoniMaster actually MASTERED writing MONITOR programs instead of merely mining and republishing existing Apple transaction reports ...
.

This software may have good intentions, to protect children from harmful sites or scamming sites or sites that influence their impressionable minds - far right, far left, extremist hateful intolerant sub-branch of islam, pro-any religion, encourage narcotics drug-taking, etc.
However, this software can be abused / misused by parents who are control freaks against their children.
This software may also be turned around and used by grown up children to abuse their elderly parents to "control" them in a fight for family fortune inheritance, for example. Or to prevent domestic violence victims from reaching out for help using the phone.
Little children who grow up and later find out that their parents had spied on them using this software may begin to hate their parents.
There may be a land mark legal case later on, in which children sue their parents in Court, for having violated their privacy for 10 years plus.
One final warning:
If anyone, especially family members or close friends discover that they have been spied upon by you, using this software, or similar software of the same genre --- they will NEVER trust you again.

And married couples can spy on each other by tracing their partners phone messages and contacts. Not good.
Somehow this program must by-pass the phones password, or do parents not allow children to use a password?
Is this program loaded into the phone or do you need to connect the phone to the computer?

My real worry is that while there are many keylogger programs like this, for example Qustodio, mSpy and so on, how safe will be my kid's privacy.. . can employees of MoniMaster, Qustodio, mSpy access my kid's information? If they can, then I will absolutely not install these programs.

I will feel much safer to install a hardware USB key logger on the keypad, such as keyllama, key-grabber, so ONLY parents can view data. The best option is educating the kids, and trusting them, but as Ronald Reagan said "Trust but verify".
Want to hear what other members here have to say.

Looking at the website, it's $50 per month for a family, if I got it right.
I wouldn't pay that amount per year...
There are so many other apps out there that are much more reasonably priced.

If we can track our kids activities, who else can be doing the same thing with this software?

What guaranties are there that the person whose activities I will track on- and offline with this software is my kid and not somebody else's kid, or my spouse/my employee/the girl/guy I fancy or any person whose privacy I want to invade? Or that MoniMaster will never be used to spy on ME, and NOT "to enhance my safety"?