- What Is Moneta Markets?
- User Experience
- Services Offered
- Is It Regulated?
- Pros and Cons
- Trading Platforms
- Market Instruments
- Trading Instruments
- Account Opening Process
- Types of Accounts
- Leverage & Margin Requirements
- Deposit & Withdrawal Options
- Partnership Program
- Educational Resources
- Supported & Restricted Countries
- Security Measures
- Customer Support
- Our Verdict
Moneta Markets is a forex and CFD trading broker and a part of Vantage International Group Limited, a firm operating since 2009 with several regulatory licenses. Moneta Markets is a relatively new trading platform registered in Vanuatu and regulated by VFSC (Vanuatu Financial Services Commission).
Moneta Markets Overview
|Regulated||VFSC (Vanuatu Financial Services Commission)|
|Product offered||Forex, CFD, Shares, Commodities, Indices|
|Minimum Initial Deposit||$50 for STP Account & $200 for ENC Account|
|MetaTrader 4 (MT4)||Yes|
|MetaTrader 5 (MT5)||Yes|
|Withdrawal fee||No (but can be charged for bank transfer and by any intermediaries involved)|
|Supported currencies||USD, AUD, EUR, GBP, NZD, SGD, JPY, CAD, HKD|
|Customer Support||Live Chat, Email, Phone|
The group collectively has more than 35,000 trading accounts and an average trading volume of more than $100 billion per month. There are more than 300 financial instruments available at Moneta Markets through the proprietary trading platform of the regulated brokers.
This Moneta Markets review highlights the user experience of the multi-asset broker, along with its features, services, regulation, exchange platforms, market instruments, account types, etc.
CFDs are complex instruments with a high risk of losing money from Moneta Markets. 72% of the retail investor accounts lose money when trading CFDs. Consider the investment recommendation of financial dealers and the financial situation to understand how forex and CFDs work, how they are publicly traded, and whether you can afford to bear the high risk of losing your invested capital. No information in this Moneta Markets review constitutes financial advice.
What Is Moneta Markets?
Moneta Markets, founded in 2020, is a part of Vantage International Group Limited, regulated and authorized by Vanuatu Financial Services Commission (VFSC). Although it is based offshore, the forex and CFD broker provides segregated accounts to hold client funds with the leading National Australia Bank and other financial bodies in Australia.
Moneta Markets trading account offers a negative balance protection policy. Users can trade forex, CFD, shares, commodities, and indices with over 300 financial instruments all through the proprietary platform, Web Trader, and the globally popular MT4 and MT5 trading platforms.
Traders can open an account most straightforwardly, and it takes only about 5 minutes to complete the registration process. There is a wide range of account types, including Moneta Prime account and Moneta STP account, that are entirely free of commission and commission-based Moneta ECN trading accounts. All retail investor accounts follow a competitive fee and pricing structure, but the forex broker charges no inactivity fees.
Moneta Markets platform is highly transparent and does not charge any additional fees for online trading. Moreover, Moneta Markets offers demo accounts for those who wish to experiment with the platform’s trading accounts, features, functionality, and Islamic accounts.
Moneta Markets does not charge deposit fees and offers a variety of popular deposit and withdrawal methods, including wire transfers, VISA/Mastercard debit or credit cards, FasaPay, JCB, and STICPAY.
Moneta Markets traders can access bonuses such as the rescue bonus, in which users can claim a bonus when they lose 70% of their investment. Moneta Markets give them a rescue bonus to be able to recover from losses. They can also access a wide range of excellent educational materials and research tools, including forex calculators, trading tools, Web TV, daily technical analysis, Moneta TV, Forex Sentiment, courses on Market Masters, etc. The forex broker also provides efficient customer support in multiple languages, 24*5 via live chat, email, and phone.
Moneta Markets User Experience
According to this Moneta Markets review, Moneta forex brokers are known for offering an excellent overall experience to Moneta Markets clients. It offers advanced desktop trading platforms that work perfectly in the case of mobile trading. The MetaTrader 4, MetaTrader 5 platforms, and the proprietary Moneta Markets Webtrader platform ensure that the traders are always aware of the current market developments. This allows them to make intelligent investment decisions.
Additionally, the CFD broker offers technical indicators and charting tools that are pretty advanced and useful as they empower new traders and help them analyze every financial instrument and their performances. Moneta Markets is an all-in-one trading platform that enhances the customer experience by ensuring traders get all required resources and materials on the Moneta Markets web platform itself.
What is more important is that the forex brokers have emphasized sharing and constructing relevant training materials for the traders to educate them and help them make more informed decisions regarding their trades and investments. These excellent features ensure that both new and experienced traders are diverted from making significant losses as they trade at Moneta Markets.
Investor protection also includes negative balance protection that saves traders whose account balance falls into the negative territory.
Apart from these extensive trading features, Moneta Markets also ensures a seamless and smooth trading experience for all. It delivers above-par customer support, and the representatives are always on their toes to provide service 24 hours a day, from Monday to Friday. Traders can contact the support team either through email, phone, or live chat support.
Features of Moneta Markets
Transparent and Regulated
Moneta Markets is one of the best forex brokers that grant transparent and smooth access to various preferred instruments. The financial instruments include forex, CFDs, shares, indices, and commodities. Additionally, Moneta Markets is owned by Vantage Global Limited, which is regulated and authorized by the VFSC or the Vanuatu Financial Services Commission.
Fast and Easy Account Opening
Opening an account with the Moneta Markets trading platform is a fast and straightforward process. The user interface is beginner-friendly, with easy navigation and a simple layout. It takes only about 5 minutes to open an account at Moneta Markets.
ECN Spreads from 0.0 Pips
Moneta Markets brokers offer a competitive fee structure on ECN accounts where the spreads start from 0.0 pips and a commission of $3 per lot per side. These competitive rates are pretty appealing to the proprietary traders at Moneta Markets.
MT4 and PRO Trader Platforms
Moneta Markets have recently launched the MT4 and MT5 platforms that offer advanced charting tools, market-leading trading tools, built-in support, and automated trading services. The trading platform aims at active traders with an easy-to-use user interface compatible with desktop and mobile trading platforms. Moneta Markets offers a downloadable and comprehensive alternative, Moneta Markets PRO Trader, a web platform with TradingView charting and built-in trading modules.
The withdrawal process at Moneta Markets is one of the fastest in the industry. Making withdrawals at Moneta Markets is extremely quick and easy with just a simple login to the client portal and filling in a form to start the withdrawal process.
Wide Range of Deposit Options
Moneta Markets offers a variety of funding methods to cater to a broader section of the trading society. The deposit options include Bank transfer, debit or credit card payments (Visa and MasterCard), FasaPay, JCB, and SticPay.
Moneta Markets allows trading of leveraged products on the Moneta Markets Web platform. Traders have access to more than 300 CFDs with high leverage of 500:1 for minimum deposit requirements of only $50.
Moneta Markets is an award-winning broker recognized as the Most Advanced Web-Based CFD Trading Platform by M&A Today. It has also claimed the title of the Best Customer Support in Corporate Excellence awards by CV Magazine.
300+ CFDs to Trade
Moneta Markets broker offers over 300 CFDs in shares. This includes a leveraged product of up to 500:1 and no deposit fees.
Services Offered by Moneta Markets
Moneta Markets offers various trading services through MetaTrader 4, MetaTrader 5, and a proprietary PRO Trader platform where traders can move seamlessly from one platform to another, allowing maximum convenience. Moneta Markets provides a streamlined onboarding process that is highly efficient and quick. Opening a live trading account with Moneta Markets markets takes only five minutes, and it integrates various features, including online trading and deposit and withdrawal processes.
More than 300 financial instruments are available at Moneta Markets, including share CFDs, forex currency pairs, commodities, and indices. Last but not least, the educational resources are worth mentioning, as Moneta Markets provides an array of education. Research tools provided by the platform help traders assess market sentiments and track economic data. There are also good informative video tutorials that benefit traders of all levels.
Is Moneta Markets Regulated?
Moneta Markets is a subsidiary of Vantage International Group Limited. Vantage Global Limited is regulated and authorized by the Vanuatu Financial Services Commission (VFSC), with Securities Investment Business Law Number 1383491. As of now, the regulator regulates only 18 brokers.
It is essential to know that there are no investment compensation funds that protect these traders against any unforeseen financial issue. However, the client funds are kept in a segregated account at NAP (National Australia Bank). Other branches of Vantage Global Limited hold licenses with the ASIC (Australian Securities and Investments Commission) and FCA (Financial Conduct Authority) in the United Kingdom.
Additionally, professional indemnity insurance covers representatives, employees, and various other authorized organizations and covers clients’ deposit funds in case of any financial issue at Moneta Markets. This provides an added layer of protection and security.
The level of regulations and transparency is adequate for traders and investors to feel secure and confident while depositing their money at Moneta Markets. Although the Vanuatu Financial Services Commission oversees only some brokers and lacks the required experience and prestige compared to other regulators, it still provides sufficient protection to client information and funds at Moneta Markets.
Moneta Markets Review: Pros and Cons
|No inactivity fees or deposit fees.||Offshore regulation.|
|All in one, beginner-friendly trading platform.||Limited options for withdrawals.|
|Excellent range of research tools and educational materials, providing investment objectives.|
|Segregated client account at NAB.|
|Transparent access and streamlined funding and onboarding processes.|
Types of Moneta Markets Trading Platforms
The world’s most popular and award-winning trading platform, MetaTrader 4, is now available at Moneta Markets. Traders of different levels can use MetaTrader 4 for more than 300 global markets with many EAs and indicators with powerful performance.
The MetaTrader 4 platform is seamlessly integrated with the PRO Trader platform allowing traders to choose between their favorite platforms to trade. It offers the most powerful charting solutions with more than 40 indicators for all types of trading.
The custom scripting language of the trading platform allows easy coding of automated trading systems and indicators.
Traders experience ultra-fast execution on different account types, including the STP account and the ECN account, with no commission and spread starting from 0.0 pips.
Moneta Markets brokers have recently introduced the MT4 and MT5 platforms that offer leading trading tools, including several advanced charting tools, built-in support, and automated trading services. The MetaTrader 5 trading platform is aimed to serve active forex traders and is compatible with both desktop and mobile devices.
There are 9 timeframes, a built-in economic calendar, and more than 30 built-in indicators that offer the ability to hedge trade positions to forex traders. A market maker can download the MT5 trading platform on Windows and Mac computers.
Moneta Markets offers traders the ability to trade on the go from the powerful MetaTrader 4 and MetaTrader 5 mobile app built for Android and iOS devices. They offer portable, stable, and robust trading platforms where traders can trade over 300 forex pairs and commodities, and share CFDs, indices, pending orders, and advanced market data.
The Moneta Markets mobile app features offer a suite of technical oscillators and indicators that traders can customize through Android, iPhone, iPad, or any other mobile devices on the go at any time. The mobile trading app also offers interactive pip-suited charting tools across 3 distinctive chart types, 9 frames, and more than 20 drawing tools, including channels, Fibonacci, trendlines, etc. The mobile app can be seamlessly integrated with the desktop versions of MetaTrader 4, MetaTrader 5, and the next-gen PRO trading platforms.
As the name suggests, PRO Trader is an ultimate Moneta Markets web-based platform that is well-designed for professional traders looking for fast and easy market access. PRO Trader is powered by TradingView, which grants access to hundreds of popular indicators and various technical analysis and drawing tools, including Fibonacci retracements, chart patterns, and trend lines that ensure CFD trading with perfect precision.
More than a hundred built-in indicators and 12 chart types are available on PRO Trader. The order module is conveniently positioned next to the trading chart so that traders can place their trades with unrivaled speed and perfect accuracy.
The PRO Trader trading platform features more than 20 chart layouts in dark and light modes and a variety of customizable modules that can be tailored for convenient trading according to the multi-screen setups and tastes of the traders.
PRO Trader also allows setting Take Profit and Stop Loss orders, including pips, percentage, dollar value, and price, so the traders are always aware of the risks involved in Forex, CFD, commodity, and stock trading.
Market Instruments Offered by Moneta Markets
Moneta Markets offers access to the financial markets on a global level. Traders at Moneta Markets can get access to more than 45 forex pairs to capitalize on global volatility. The platform offers Forex trading 5 days a week with ultra-low forex trading costs and easy access to financial markets through next-gen MT4 and PRO Trader platforms. The most popular forex pairs at Moneta Markets include EUR/USD, AUD/USD, GBP/USD, and USD/JPY. More than 45 major, minor and exotic pairs are available for trading forex at Moneta Markets.
Moneta Markets provides indices trading with access to the most liquid indices globally through a wide variety of index CFDs. With the powerful PRO Trader and MT4 trading platforms, traders can enjoy countless opportunities to access 23 global indices, including FTSE 100, Dow Jones 30, NAS 100 Index, S&P, etc.
Moneta Markets provides 15 widely traded and most liquid commodities that offer countless opportunities for traders to capitalize on seasonal trading conditions and market cycles. The most popular commodity markets at Moneta Markets include gold, oil, silver, and natural gas. The 15 tradable commodities at Moneta Markets include soft commodities such as cocoa, coffee, cotton, orange, and sugar; precious metals such as gold, silver, and copper; and energy such as CFD oil, natural gas, gasoline, etc.
Traders at Moneta Markets can gain access to more than 135 global companies in the European, UK, and US share CFD markets, making it the best forex brokers UK. Some of the largest companies include Deutsche Bank, Apple, Amazon, Google, etc. Traders can benefit from price movements of share prices in various market conditions by trading short or long. They can also go for intraday trading, swing trading, or position trading.
Among the 135 most liquid global companies, the most popular ones are Apple, Facebook, Netflix, and Google.
Range of Moneta Markets Trading Instruments
Moneta Markets offers different investment products across MT4, MT5, and PRO Trader trading platforms. All in all, Moneta Markets has a product portfolio of more than 300 products that are grouped into different asset classes mentioned below –
- 45+ minor and major and exotic forex pairs, including AUD/CAD, AUD/USD, GBP/USD, USD/JPY, EUR/USD, and others.
- 23 global indices, including China 50, Dow Jones 30, FTSE 100, India 50, NAS 100 Index, Nikkei 225, USD Index and others.
- 15 commodities, including energy (oil, natural gas, gasoline, heating oil, gas oil, USOUSD cash, UKOUSD cash), precious metals (gold, silver, copper), soft commodities (cocoa, coffee, cotton, orange, sugar).
- 135+ stocks, including European shares CFDs (Renault, L’Oreal, Philips and more), UK shares CFDs (HSBC, Unilever, Vodafone, RBS, Barclays, and more), US shares CFDs (Coinbase, Google, Apple, Microsoft, Amazon, Facebook, Alibaba, JP Morgan, Visa, and others).
Moneta Markets Account Opening Process
Opening an account with Moneta Markets is relatively straightforward and takes about 5 minutes to complete. The main accounts include Moneta Markets STP, Moneta Markets ECN account, Moneta Markets Prime account, and an Islamic account and demo account.
Each Moneta Markets account offers different features and functionality discussed in the next section. To create a basic Moneta Markets account, follow the steps mentioned below:-
- Go to the Moneta Markets official website and navigate to the Sign-Up option to open a new trading account.
- Upon clicking on the Sign-Up tab, traders will be directed to a registration form that will require them to enter their country of residence, account type, first name, last name, email address, and a valid phone number.
- Users can also sign up with their existing Facebook, Google, or LinkedIn accounts.
- Enter Next to move to the next page. The platform will ask for additional details such as an address, nationality, date of birth, account currency, and financial details like annual income, employment status, trading experience, etc.
- The final step involves submitting identity proofs such as a driving license or passport, residential proofs including a bank statement or a utility bill, or a proof of payment method.
Types of Moneta Markets Accounts
Most foreign exchange platforms offer demo accounts geared toward traders who do not have sufficient money or would like to experiment with the platform’s features and functionality without making any investments. The Moneta Markets demo account can be created easily and quickly by navigating to the Demo Account button.
New traders can open an account in the demo version to practice or familiarize themselves with the different trading platforms that Moneta Markets offer on their desktop or mobile devices before creating a live trading account. Note that the demo account expires after 30 days.
Moneta Direct STP Account
Among Moneta Markets live trading accounts; the Direct STP trading account is more suitable for beginners as the minimum deposit requirement is only $50 with zero commission. The spreads for Direct STP accounts start from 1.2 pips, and traders can trade with a minimum volume of 0.01 per lot and across a whole range of financial instruments, including FX pairs, indices, commodities, CFD shares, and cryptos.
Moneta Prime ECN Account
Moneta Markets also offers retail investor accounts for experienced traders, EAs, and Scalpers. This is what Moneta Markets calls a Prime ECN account. The minimum deposit requirement for the ECN account is $200 with a $3 commission per lot per side. The spreads for Prime ECN accounts start from 0.0 pips, and traders can trade with a minimum volume of 0.01 per lot and across the whole range of financial instruments, including FX pairs, indices, commodities, stocks, and cryptos.
|Account Type||Direct STP Account||Prime ECN Account|
|Trading Platform||PRO Trader |
|PRO Trader |
|Range of Markets||44 FX Pairs, |
226 CFD Shares
|44 FX Pairs, |
226 CFD Shares
|Minimum Volume||0.01 Lot||0.01 Lot|
|Leverage||Up to 500:1||Up to 500:1|
|Spreads From||1.2 pips||0.0 pips|
|Account Base Currencies||$AUD, $USD, £GBP, €EUR, $SGD, $CAD, $NZD, ¥JPY, $HKD||$AUD, $USD, £GBP, €EUR, $SGD, $CAD, $NZD, ¥JPY, $HKD|
|Commission||$0||$3 Per Lot Per Side|
|Suitable For||Beginners||Scalpers, EAs|
Moneta Markets has recently launched swap-free trading for those unable to pay or receive swaps on trading positions due to religious beliefs. Instead of paying rollover interests or swaps on overnight positions, traders are charged with the daily administration fee deducted from their account balance. To enjoy swap-free trading, all the traders need to do is activate the swap-free account by filling in a short form and agreeing to the terms and conditions given on the webpage.
Moneta Markets Leverage & Margin Requirements
Moneta Markets offers trading leveraged products. The maximum leverage for forex trading for retail investor accounts is upto 500:1. Traders can choose their leverage from 100:1 to 500:1 on forex.
Irrespective of the risk appetite, all traders at Moneta Markets are allowed to adjust the leverage depending on their trading style and market conditions from the client portal. The maximum leverage across the range of asset classes offered at Moneta Markets is:-
|Asset Classes||Maximum Leverage|
|Forex||Up To 500:1|
|Indices||Up To 200:1|
|Energy||Up To 100:1|
|Soft Commodities||Up To 50:1|
|Precious Metals||Up To 500:1|
|Share CFDs||Up To 20:1|
Moneta Markets Fees
Moneta Markets’ trading fees tend to vary depending on the traded financial instruments. The brokers offer a transparent trading platform that does not charge additional fees. All information about commissions and pricing is displayed on the official website. For instance, EUR/USD FX pair spreads start at 0.0 pips for ECN account holders.
Coming to Moneta Markets fees, apart from shares CFDs trading, whose commission starts at $7 per trade, the rest of the assets are commission-free. Additionally, Moneta Markets withdrawals are free except for bank transfers, as the service providers may charge specific service fees. All deposits and withdrawals at Moneta Markets are commission-free.
Moreover, the brokers only offer a 50% bonus on deposits for selected jurisdictions. However, this bonus applies only to deposits of more than $500. The brokers do not charge an inactivity fee, but a certain swap fee is charged on non-Islamic accounts for positions kept open overnight.
Moneta Markets Deposit & Withdrawal Options
|Payment Method||Processing Times||Fees||Available Currencies|
|Bank/Wire transfer||2 to 5 business days||$0*||USD, GBP, EUR, SGD, JPY, NZD, CAD|
|Bank Card (Visa/MasterCard debit and credit cards)||Instant||$0*||USD, GBP, EUR, SGD, JPY, NZD, CAD|
|SticPay||Instant||$0||USD, GBP, EUR, SGD, JPY, NZD, CAD|
Note – Bank wire transfer may charge a certain fee for handling and providing services. Check with the service provider for more details.
Moneta Markets Partnership Program
According to this Moneta Markets review, Moneta Markets offers the highest paying partnership program where all affiliates can earn upto $1200 CPA. The affiliate model tailored by Moneta Markets allows partners to choose a suitable plan that explicitly fits the traffic quality they bring to the platform. The affiliate program is well suited for bloggers, social media influencers, and digital marketers.
Apart from paying the highest CPA, the Moneta Markets Affiliate Partners program also offers an array of powerful trading and marketing tools that boost conversions and referrals. All affiliates are entitled to an unrivaled CPA, access to more than 300 products, seamless integration with CellXpert, access to powerful exchange platforms, and API integration.
Educational Resources Offered by Moneta Markets
The economic calendar offered by Moneta Markets is an essential tool for both short-term and long-term traders as it helps in deciding whether to remain on the sidelines or take a position based on the news-driven volatility. It keeps the traders updated by showing all the upcoming economic and market-moving events.
TECHNICAL RATING INDICATOR
Under educational tools on the Moneta Markets website, a technical rating indicator combines the total of buy and sell signals depending on multiple technical indicators. Irrespective of the trading type, traders can boost their edge with the technical rating indicator for currencies, indices, commodities, and share CFDs while making trading decisions.
Web TV provides live trade news and ideas straight from the New York Stock Exchange. The clients receive trading insights based on fundamental and technical analysis and the most updated market commentary on industry news.
Market Masters is an impressive course on forex trading, available for free to all traders and investors. It has an array of premium trading tutorials that teach the basics of stock markets and forex trading.
Moneta Markets also streams its proprietary Moneta live streaming that offers insights into global markets with day-to-day economic updates based on fundamental and technical analysis.
Traders who partner with Moneta Markets Duplitrade can easily duplicate a proprietary trader’s portfolio trades. They have to choose the traders they want to follow depending on their preferred trading method, trading style, and instruments. Moneta Markets will automatically duplicate their trades across MT4 and PRO Trader platforms. This is also known as copy trading or social trading in other foreign exchange platforms, and this feature is offered to help new traders learn about forex trading.
Moneta Markets also offers daily market news so that traders are always aware of the economic events taking place around the world. Market news is well presented with required charts, trend lines, etc.
FREE FOREX VPS
Free forex VPS is also offered under Moneta Markets Tools so that traders can enjoy the ultimate solution for stability, platform uptime, and speed. As the forex market operates 24 hours, 5 days a week, Forex VPS, powered by HokoCloud, runs the MetaTrader platform 24 hours. This helps traders not miss a single trade with the fastest, most automated, and most stable VPS solution.
Moneta Markets Supported & Restricted Countries
Moneta Markets allow traders from every part of the world to access different financial markets. However, there are restricted countries that are not accepted at Moneta Markets, such as Afghanistan, Albania, Belgium, Canada, The Central African Republic, The Democratic Republic of the Congo, Iran, Japan, Myanmar, Puerto Rico, Spain, United States of America, Zimbabwe, etc.
Moneta Markets Security Measures
Moneta Markets is a part of Vantage Group, regulated by the Vanuatu Financial Services Commission (VFSC). Unfortunately, as part of the reliable and secure Vantage Group, Moneta Markets employs the required security measures, such as the basic SSL encryption protocol or the two-factor authentication feature for trading apps.
Nevertheless, investor protection provided by the platform is worth mentioning as it offers a segregated bank account to keep client money away from the operators. The money is kept at NAB or National Australia Bank.
Although limited regulatory protection compromises on safety and security of the trading platform, the level of transparency makes traders feel secure while depositing money at Moneta Markets.
Moneta Markets Customer Support
Moneta Markets offers award-winning and multilingual customer support 24 hours a day, 5 days a week. Traders with any kind of queries can contact the support team via phone support, email support, or live chat support. Moneta Markets offers efficient and excellent customer support, and the live chat is the most responsive channel to resolve a query. Moreover, there is a rich FAQ section available at Moneta Markets that aims to resolve all customers’ frequently asked questions. Here are the different channels of customer support at Moneta Markets:-
- Live Chat – Navigate to the right-hand bottom corner.
- Telephone Contact Number – +61 2 8330 1233 (International) or +44 113 320 4819 (UK)
- Email – [email protected]
Moneta Markets Review: Our Verdict
To sum up this Moneta Markets review, Moneta Markets is a subsidiary of the parent company, Vantage International Group Limited, regulated by the Vanuatu Financial Services Commission. The foreign exchange platform holds a high prestige in investments and trading CFDs, forex, indices, stocks, and commodities. It offers an array of educational material and research tools that act as an ultimate guide for new traders who gain a very rewarding experience with the investing and trading features of Moneta Markets.
Mobile trading also offers a seamless experience, and soon, the exchange will introduce cryptocurrency trading as the world will slowly be run by cryptocurrency trading and investments.
The exchange is entirely transparent and does not charge additional or inactivity fees. However, irrespective of the experience level, since CFDs involve significant risk, investor accounts lose money when trading CFDs. Hence, they must seek independent financial advice or investment advice for investing in any underlying asset to trade effectively.
Lastly, investing and trading CFDs is made effective at Moneta Markets entity with social trading, several methods to deposit and withdraw money with no limits on the deposits and withdrawal amount.
Is Moneta Markets Legit?
Yes, Moneta Markets is a subsidiary of the parent company, Vantage Group, regulated by the Vanuatu Financial Services Commission (VFSC). Moneta Markets is a legit FX platform with strict guidelines.
Is Moneta Markets Safe?
Yes, Moneta Markets is safe for trading CFDs, stocks, foreign exchange, and indices, but it can work on its security measures and improve them with advanced features.
What Is the Minimum Deposit for Moneta Markets?
The minimum deposits required by Moneta Markets are $50 for the STP account and $200 for the ECN account.
Is Moneta Markets an ECN Broker?
Yes, Moneta Markets is an ECN broker.
Does Moneta Markets Offer Islamic Account?
Yes, Moneta Markets offers Islamic accounts.
Risk Warning:- CFDs are complex instruments with a high risk of losing money rapidly from Moneta Markets. 72% of the retail investor accounts lose money when trading CFDs. Consider the investment recommendation of financial dealers and the financial situation to understand how forex and CFDs work, how they are publicly traded, and whether you can afford to bear the high risk of losing your money. No information in this Moneta Markets review constitutes financial advice.