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Moneta Markets Review 2022

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Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

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“Moneta Markets is a brand name of Vantage Global Limited which is authorised and regulated by the Vanuatu Financial Services Commission (VFSC). The broker offers clients access to trade on more than 300+ financial instruments covering Forex, Indices, Commodities, Shares and Cryptocurrencies all through its proprietary Web Trader platform and the globally recognised MetaTrader 4 and MetaTrader 5 platforms.”

Moneta Markets was founded in 2020 and is a brand name of Vantage Global Limited which is authorised and regulated by the Vanuatu Financial Services Commission (VFSC). While based offshore, the broker provides segregated client funds held with top tier banks in Australia and a negative balance protection policy.

Users can trade on more than 300+ financial instruments covering Forex, Indices, Commodities, Shares and Cryptocurrencies all through its proprietary Web Trader platform and the globally recognised MetaTrader 4 and MetaTrader 5 platforms.

Clients can open accounts easily and are offered a range of account types such as Moneta STP and Moneta Prime which are commission-free accounts and Moneta ECN which is a commission-based account. All accounts offer competitive spreads and fees and there is also no inactivity account fee. Islamic and demo accounts are also available.

Deposits are fee-free and include a range of popular payment methods such as Debit/Credit Card, Bank Transfer, Skrill, Neteller, FasaPay, JCB, Webmoney, Boleto, local bank deposits for clients from Brazil, Mexico, Vietnam, Thailand, and Malaysia, and cryptocurrencies such as BTC, LTC, ADA, BCH, XLM, BNB, USDT, ETH. Withdrawals can be made via credit card, crypto, Skrill, and Neteller, provided the client made deposit this way. Otherwise, withdrawals can be made only via bank transfer and there is an additional charge for international transfers.

Users can also access different bonuses which include a 50% deposit bonus and a ‘Refer a Friend’ bonus where referrers can earn a bonus of $250. You can also access a great range of different research and educational materials which includes Trading Tools, Forex Calculators, Web TV, Moneta TV, Daily Technical Analysis, Forex Sentiment, Market Masters Course and more. The broker also offers multilingual customer support 24/5 via phone, email, live chat and TeamViewer.

Pros: Cons:
  • Commission-free and ECN accounts available.
  • 300+ markets to trade on.
  • Tons of research and education material.
  • Competitive spreads.
  • Bonuses available.
  • Offshore regulation.

 

About the Author

Jitan Solanki
After discovering techniques to trade pan-European and US equities, Jitan developed a love for a short to medium term trading on indices and commodities, and later on currencies.
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Moneta Markets Main Features
☑️
Regulations
VFSC (Vanuatu)
🗺
Supported Languages
English, Spanish, German, French, Chinese, Italian
💰
Products (CFD)
Currencies, Commodities, Indices, Stocks, Crypto
💵
Min Deposit
$50
💹
Max Leverage
1:500 (VFSC)
🖥
Trading Desk Type
ECN, STP
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unknownMoneta Markets accepts clients from your country:
Choose your country:

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

Moneta Markets Full Review

Moneta Markets Video Review

Investor Protection & Regulations

“Moneta Markets operates as a brand name of Vantage Global Limited which is authorised and regulated by the Vanuatu Financial Services Commission (VFSC).”

Moneta Markets operates as a brand name of Vantage Global Limited which is authorised and regulated by the Vanuatu Financial Services Commission (VFSC), as shown on the regulator’s register below:

Moneta Markets provides further security by holding client funds in segregated accounts from company funds which are held with Australia’s AA rated National Australia Bank. They also offer a negative balance protection policy in certain situations.

Tradable Products

“Moneta Markets offers users the ability to trade on more than 300+ financial instruments covering Forex, Indices, Commodities, Shares and Cryptocurrencies.”

Moneta Markets offers users the ability to trade on more than 300+ financial instruments covering Forex, Indices, Commodities, Shares and Cryptocurrencies. Below is a list of just some of the available markets for trading:

Forex Indices Shares
EURUSD S&P 500 Apple
GBPUSD US30 Facebook
USDJPY FTSE 100 Visa
EURCAD DAX30 Tesla
GBPAUD Commodities Cryptocurrencies
NZDUSD Gold Bitcoin
AUDNZD Silver Ripple
EURGBP Oil Litecoin

* Details regarding the available assets are taken from the Moneta Markets website and trading platform and are correct at the time of this review. You can find a more detailed list here.

Trading costs such as spreads and overnight funding (swap) rates vary depending on the account type opened and instrument being traded and are covered further down this review.

Account Opening

“Moneta Markets offers clients three main account types called Moneta STP, Moneta ECN and Moneta Prime as well as Demo and Islamic swap free trading accounts, all with leverage of up to 1:500.”

Moneta Markets offers clients three main account types called Moneta STP, Moneta ECN and Moneta Prime as well as Demo and Islamic trading accounts. Each account comes with different features and benefits, as highlighted below:

Moneta STP Moneta ECN Moneta Prime
Suitable for Beginners Scalpers & EAs Professional Traders
Minimum deposit $50 $200 $10,000
Leverage Up to 1:500 Up to 1:500 Up to 1:500
Spreads (from) 1.2 pips 0.0 pips 0.4 pips
Commission $0 $3 per lot per side $0
Execution Type STP ECN STP
Account Currency

AUD, USD, GBP

EUR, SGD, CAD

NZD, JPY, HKD

AUD, USD, GBP

EUR, SGD, CAD

NZD, JPY, HKD

AUD, USD, GBP

EUR, SGD, CAD

NZD, JPY, HKD

Islamic Account Yes Yes No

Users can open a new account in just a few steps. After clicking the ‘Sign Up’ button on the broker’s homepage, users are asked to register with their name, email, phone number and password.

Following this, users will be prompted to enter additional personal details such as date of birth, address, nationality, account currency and platform as well as financial details including employment status, annual income, savings and trading experience.

The final steps include submitting proof of identity (passport or driving licence), proof of residence (utility bill or bank statement – not more than 3 months old) and proof of payment for bank transfers such as a transfer receipt.

The client portal is shown below:

Moneta Markets does not accept clients from Afghanistan, American Samoa, Albania, Belarus, Belgium, Bermuda, Bosnia And Herzegovina, Burundi, Canada, Central African Republic, Crimea, Cuba, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Guam, Iran, Iraq, ISIL (Da’esh) & Al-Qaida & The Taliban, Japan, Lebanon, Libya, Mali, Montenegro, Myanmar, North Korea, Puerto Rico, Republic of Guinea, Republic of Guinea-Bissau, Sierra Leone, Sevastopol, Somalia, South Sudan, Spain, Sudan, Syria, United States of America, United States Virgin Islands, Venezuela, Yemen, and Zimbabwe.

Deposit & Withdrawals Options

“Clients can deposit funds in multiple currencies via debit/credit card, bank transfer, Skrill, Neteller, FasaPay, JCB and Other methods. Withdrawals can be only made via bank transfer.”

Clients can deposit funds fee-free in multiple currencies via debit/credit card, bank transfer, Skrill, Neteller, FasaPay, JCB, as well as cryptocurrencies such as BTC, BCH, ETH, DASH, LTC, XMR, NEO, XEM, XRP, ADA, DOGE, ZEC, XLM, USDT, USDT (Ethereum), TUSD, GUSD, PAX, USDX, DAI, B2BX, BNB, EOS, and TRX. Clients from Brazil, Mexico, Vietnam, Thailand, and Malaysia can also deposit funds via local banks.

The majority of methods are processed instantly except bank transfer which can take between 2-5 days and Bitcoin which can take up to 1 day, but all methods are fee-free excluding any charges the client’s bank may charge.

Withdrawals can be processed via bank transfer and processing times are usually 1-3 working days between Monday to Friday 9 am – 7 pm (GMT+10). Requests received after 7 pm will be processed on the next business day. International bank wire transfers attract a minimum fee of 20 units of the account base currency. You can also withdraw funds back to credit card, cryptocurrency, Skrill and Neteller, but only if deposited this way.

Clients can fund their accounts once logged into the client portal by clicking on their profile followed by ‘Deposits’ or ‘Withdrawals’.

Web & Desktop Trading Platforms

“Moneta Markets offers clients the ability to trade on its proprietary Web Trader platform and the globally recognised MetaTrader 4 and MetaTrader 5 platforms.”

Moneta Markets offers clients the ability to trade on its proprietary Web Trader platform and the globally recognised MetaTrader 4 and MetaTrader 5 platforms. The platforms features are highlighted below:

Moneta Markets Webtrader

  • 9 timeframes
  • 6 chart types
  • 48 indicators
  • Real-time pip and margin value trading calculator
  • No downloaded need, access on any web-browser or computer
  • Easy to use

Moneta Markets MetaTrader 4

  • Fully customisable
  • Advanced charting capability
  • Expert Advisors available
  • Over 50 built-in indicators
  • Download on Windows or Mac computers.

Moneta Markets MetaTrader 5

  • 21 timeframes
  • Built-in economic calendar
  • Ability to hedge trade positions
  • 30+ built-in indicators
  • Download on Windows or Mac computers.

A screenshot of the Moneta Markets Webtrader platform is shown below and is covered in more detail in the video review.

Mobile Trading Platforms

“Moneta Markets offers clients the ability to access mobile trading on the go from the Moneta Markets AppTrader for Android and iOS systems.”

Moneta Markets offers clients the ability to access mobile trading on the go from the Moneta Markets AppTrader for Android and iOS systems. The app download links can be found in the Google PlayStore or Apple AppStore.

The Moneta Markets mobile trading app provides a range of different features including:

  • Trade and manage your account on the go
  • Access 300+ markets
  • Deposit and withdraw funds on the move
  • Access more than 45+ technical indicators, 9 timeframes and 6 chart types
  • Metaquotes mobile app is seamlessly integrated, so clients can choose which app you want to trade on, including both of them.

The Moneta Markets mobile trading app is covered in more detail in the video review.

Trading Features

“Moneta Markets provides clients the ability to copy a portfolio of proprietary traders through DupliTrade. Users can also tools from Trading Central and access the MetaTrader Market place to access thousands of additional trading tools and strategies.”

Moneta Markets provides clients with the ability to copy a portfolio of proprietary traders through DupliTrade. Clients simply need to choose which traders they want to follow based on preferred instruments, trading method, and trading style, after which all trades will automatically be duplicated to the clients Moneta Markets WebTrader platform.

Additionally, all clients can access the MetaTrader marketplace to access thousands of additional trading tools and strategies for automated trading. Furthermore, there are a variety of research tools provided by Trading Central which are covered in the Research section further down.

Commissions & Spreads

“Moneta Markets offers a selection of commission-free and commission-based account types, all of which offer very competitive spreads across all financial instruments.”

Moneta Markets offers a selection of commission-free and commission-based account types. Moneta STP and Moneta Prime accounts are commission-free and offer spreads from as low as 1.2 pips and 0.4 pips respectively, whereas the Moneta ECN account is commission-based and charges $6 per round-turn but with spreads from 0.0 pips.

Moneta STP Moneta ECN Moneta Prime
Spreads (from) 1.2 pips 0.0 pips 0.4 pips
Commission $0 $3 per lot per side $0
Execution Type STP ECN STP

For Non-Islamic accounts, overnight funding or ‘swap’ fees are charged on positions that remain open overnight (22:00) GMT. If positions are being held over the weekend a three-day ‘swap’ charge will be charged on Wednesdays.

The broker also does not charge any inactivity account fees.

Bonus & Promotions

“At the time of writing, Moneta Markets currently offers a 50% Deposit Bonus and a Refer a Friend bonus.’’

At the time of writing, Moneta Markets currently offers a 50% deposit bonus for clients who deposit a minimum of $500. The bonus is not losable or withdrawable, however, clients can use the additional funds to trade.

The broker also offers a ‘Refer a Friend’ bonus which allows clients to share a referral link from within the Moneta Markets WebTrader platform. Once the referral funds their account with at least $500 and starts trading live, a $250 bonus will be credited to the account of the referrer.

Customer Support

“Moneta Markets offers multilingual customer support 24/5 via phone, email, live chat and TeamViewer.”

Moneta Markets offers multilingual (English, Mandarin, German, French, Italian, Spanish) customer support 24/5 via phone, email and live chat. A comprehensive FAQ section can also be found under the ‘Client’ section on the website.

Clients can also use TeamViewer to allow the customer support team to assist remotely by connecting to your PC or Mac.

After submitting a question through the live chat we were connected to an agent who answered our question about demo accounts within 10 seconds, as shown below:

Contact Information:

Address:

iCount Building, Kumul Highway, Port Vila, Vanuatu

Email:

support@monetamarkets.com

Phone:

+44 113 320 4819

Social Media:

  • https://www.facebook.com/MonetaMarketsFX
  • https://twitter.com/monetamarkets
  • https://www.linkedin.com/company/monetamarkets
  • YouTube

Research

“Moneta Markets provides access to a wide variety of research which includes various Trading Tools, Forex Calculators, Web TV, Moneta TV, Daily Technical Analysis, Forex Sentiment and more.”

Moneta Markets provides access to a wide variety of research which includes various Trading Tools, Forex Calculators, Web TV, Moneta TV, Daily Technical Analysis, Forex Sentiment and more. A summary of the main research available is given below:

  • Trading Tools: Features real-time macro-economic news, live trading signals, streaming market buzz, in-depth crowd insights and an economic calendar.
  • Web TV: Offers clients trading insights that are based on technical and fundamental analysis, combined with the most up-to-date industry news.
  • Moneta TV: YouTube videos that provide daily trade ideas by following the most up-to-date financial news.
  • Daily Technical Analysis: Exclusive daily technical analysis insights covering the global Forex, Indices, Commodity and Share markets.
  • Forex Calculators: Includes Fibonacci and pivot calculators, stop loss/take profit amounts and levels as well as a currency converter.
  • Forex Sentiment: Technical analysis ratings which generate buy and sell signals across all asset classes.

Trader Education

“Moneta Markets provides access to a range of educational resources including a Market Masters course with 100+ videos as well as WebTrader Platform Tutorials.”

Moneta Markets offers a range of educational resources including a Market Masters course which is a comprehensive trading course covering the basics of the forex and stock markets as well as an introduction to technical and fundamental analysis trading techniques.

To gain access to this course which features over 100+ videos, clients need to have a live and funded trading account with $500 or more.

The broker does also offer three Web Trader Platform Tutorials which cover how to place a market order, how to place a pending order and how to add an indicator.

Trading Experience

“Moneta Markets offers a great all-round service to clients, providing them access to trade on more than 300+ markets across Forex, Indices, Commodities, Shares and Cryptocurrencies. There is also a great amount of research and educational material for all types of traders.”

From our observations, Moneta Markets provides a very competitive service with its commission-free trading and ultra-tight spreads in over 300+ markets across Forex, Indices, Commodities, Shares and Cryptocurrencies all of which can be accessed through the broker’s proprietary Web Trader platform or the globally recognised MetaTrader 4 and 5 platforms.

Opening an account is a very simple process and clients can choose between commission-free and commission-based account types all of which have competitive spreads. Deposits can also be made with no additional fees, however, withdrawals can only be made via bank transfer.

The broker does also offer attractive bonuses such as the 50% deposit bonus which increases the funds available to trade with. This would be especially helpful to those with smaller account sizes.

There are also tons of research and educational materials available which are updated regularly and the content is detailed, informative and suitable for all types of traders.

FAQ

Is Moneta Markets regulated?

Moneta Markets operates as a brand name of Vantage Global Limited which is authorised and regulated by the Vanuatu Financial Services Commission (VFSC).

Where is Moneta Markets based?

iCount Building, Kumul Highway, Port Vila, Vanuatu.

How does Moneta Markets make money?

Moneta Markets makes money mainly through spreads, commissions and swaps on certain asset classes.

How do I deposit in Moneta Markets account?

Funds can be deposited via debit/credit card, bank transfer, PayPal, Skrill, Neteller, FasaPay, JCB and Bitcoin.

What is the min. deposit for Moneta Markets?

The minimum deposit is $50.

How do I withdraw money from Moneta Markets?

Withdrawals can be made via bank transfer and you can also withdraw funds back to credit card, cryptocurrency, Skrill and Neteller but only if deposited this way.

What is the max leverage in Moneta Markets?

Clients are offered leverage up to 1:500.

How do I open an account with Moneta Markets?

An account can be opened at the click of a button on the Moneta Markets website and can be done in just a few steps.

Does Moneta Markets use MetaTrader?

Yes, MetaTrader 4 and MetaTrader 5.

Conclusion

“Moneta Markets is a brand name of Vantage Global Limited which is authorised and regulated by the Vanuatu Financial Services Commission (VFSC). The broker offers clients access to trade on more than 300+ financial instruments covering Forex, Indices, Commodities, Shares and Cryptocurrencies all through its proprietary Web Trader platform and the globally recognised MetaTrader 4 and MetaTrader 5 platforms.”

Moneta Markets was founded in 2020 and is a brand name of Vantage Global Limited which is authorised and regulated by the Vanuatu Financial Services Commission (VFSC). While based offshore, the broker provides segregated client funds held with top tier banks in Australia and a negative balance protection policy.

Users can trade on more than 300+ financial instruments covering Forex, Indices, Commodities, Shares and Cryptocurrencies all through its proprietary Web Trader platform and the globally recognised MetaTrader 4 and MetaTrader 5 platforms.

Clients can open accounts easily and are offered a range of account types such as Moneta STP and Moneta Prime which are commission-free accounts and Moneta ECN which is a commission-based account. All accounts offer competitive spreads and fees and there is also no inactivity account fee. Islamic and demo accounts are also available.

Deposits are fee-free and include a range of popular payment methods such as Debit/Credit Card, Bank Transfer, Skrill, Neteller, FasaPay, JCB, Webmoney, Boleto, local bank deposits for clients from Brazil, Mexico, Vietnam, Thailand, and Malaysia, and cryptocurrencies such as BTC, LTC, ADA, BCH, XLM, BNB, USDT, ETH. Withdrawals can be made via credit card, crypto, Skrill, and Neteller, provided the client made deposit this way. Otherwise, withdrawals can be made only via bank transfer and there is an additional charge for international transfers.

Users can also access different bonuses which include a 50% deposit bonus and a ‘Refer a Friend’ bonus where referrers can earn a bonus of $250. You can also access a great range of different research and educational materials which includes Trading Tools, Forex Calculators, Web TV, Moneta TV, Daily Technical Analysis, Forex Sentiment, Market Masters Course and more. The broker also offers multilingual customer support 24/5 via phone, email, live chat and TeamViewer.

  • 300+ markets to trade on.
  • Great selection of trading platforms
  • Easy account opening process
  • Tons of research and educational material suitable for all types of traders
broker

Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.

See Moneta Markets Full Information
Broker General Information
Trading Features
Other Details
Headquarters Country
Vanuatu
Foundation Year
2020
Regulations
VFSC (Vanuatu)
Publicly Traded
No
Number Of Employees
50-100
Trading Desk Type
ECN, STP
Trading platforms
MT4, MT5, WebTrader
Restricted Countries
United States, Belgium, Japan, Burundi, Canada, Congo, Cuba, Czech Republic, Eritrea, North Korea, Guinea-Bissau, Montenegro, Mali, Iran, Guinea, Iraq, Afghanistan, Guam, Bermuda, Albania, Slovakia, Somalia, Puerto Rico, Slovenia, Venezuela, Yemen, Syria, Sierra Leone, Central African Republic, Lebanon, Libya, Myanmar, South Sudan, Spain, Sudan, Samoa, Zimbabwe, Belarus, Bosnia and Herzegovina
Supported Languages
English, Spanish, German, French, Chinese, Italian
Min Deposit
$50
Max Leverage
1:500 (VFSC)
Deposit Options
Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller, Boleto, Union Pay, FasaPay
Withdrawal Options
Wire Transfer, Credit Card, Cryptocurrencies, Skrill, Neteller
Cryptocurrencies
Bitcoin Cash, Bitcoin, Litecoin, litebitcoin, Ripple, Dash, Ethereum
Products (CFD)
Currencies, Commodities, Indices, Stocks, Crypto
Demo Account
Yes
Islamic Account
Yes
Segregated Account
Yes
Managed Account
No
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