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Moneta Markets

Moneta Markets Review 2023 - A Detailed Product Guide with Regulations

Moneta Markets, an authorized CFD broker, bridges traders to the global market using high-caliber FX liquidity providers. Peruse tradingcritique’s comprehensive review to discern if Moneta Markets could be the perfect fit for your trading goals.

Table 1: Moneta Markets Overview

Moneta Markets Highlights

Regulated By

Account Types

Direct STP Accounts

Prime ECN Accounts

Ultra ECN Accounts

Demo Account

YES

Islamic Account

YES

Minimum Deposit

$50

Maximum Leverage

1000:1

Deposit and Withdrawal Method

Wire Transfer

JCB

Sticpay

FasaPay

Credit/Debit Card (Visa and MasterCard)

Account Base Currencies

BRL, HKD, CAD, JPY, SGD, GBP, EUR, NZD, and USD

Trading Platforms

MetaTrader 4

MT4 Web Trader

MetaTrader 5

PRO Trader

Commission

YES

Trading Fee

YES

Inactivity Fee

NO

Deposit Fee

NO

Withdrawal Fee

NO

Customer Support

24/5 (Live Chat, Email, and Phone)

Market Instruments

Details

Forex

YES

Commodities

YES

Share CFDs

YES

Indices

YES

EFTs

YES

Bonds

YES

Cryptocurrencies

NO

Moneta Markets Review - An Intro

Moneta Markets was founded to provide retail clients all over the world with simple and transparent market access. Moneta Markets provides services to more than 70,000 customers worldwide and averages a monthly trading volume of more than $100 billion. Customers of Moneta Markets have access to more than 300 trading instruments via its robust MT4 and PRO Trader platforms, as well as Android and iOS apps.

Moneta Markets – Knowledge Bites

The Moneta Markets trading platforms provide lightning-fast execution, precise trading, and quick and easy market access. The next-generation trading platforms from Moneta Markets, MT4, and PRO Trader give you access to the market around the clock, so you can make money from the upcoming major market movements. The goal of Moneta Markets has been to give clients all over the world access to 900+ of the most well-liked tradable instruments ever since the company’s inception. A larger variety of advanced tutorials are available with the Market Masters video course for traders who fund their Accounts with $500 or more. High-Leverage, ECN, or STP Account types, a selection of platforms, numerous trading tools, and high Leverage are all provided by Moneta Markets.

Image 1: Home Page of the Moneta Markets website

A screenshot that shows the information about the Rescue bonuson the Moneta Marketswebsite

Image Copyrights reserved to Moneta Markets Website

Regulations & Trustability Review of Moneta Markets

Moneta Markets is regulated by the Financial Services Authority of Seychelles [FSA], the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA), and the South African Financial Sector Conduct Authority (FSCA).

The entire client’s money is kept in a segregated Account with a global bank with an AA rating. Third-party auditors perform regular audits of Moneta Markets.

Table 2: Moneta Markets Regulation Details

Regulation Country Registered Office Registration Number

South Africa

Moneta Markets South Africa (Pty) Ltd

1 Hood Avenue, Rosebank, Johannesburg, Gauteng 2196, South Africa

2016 / 063801 / 07

(license no- 47490)

The Saint Vincent and the Grenadines

Moneta LLC

First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.

2052 LLC 2022

Seychelles

Moneta Markets Ltd

Room B11, 1st Floor, Providence Complex, Providence, Mahe, Seychelles

License No. SD144

Review of Accepted and Denied Countries of Moneta Markets

Although Moneta Markets accepts customers from all over the world, it was regrettably unable to provide services for customers from the following nations and regions:

Table 3: Denied Countries of Moneta Markets

Denied Countries
Afghanistan
American Samoa
Albania
Australia
Belarus
Bermuda
Bosnia And Herzegovina
Bulgaria
Burma
Burundi
Canada
Central African Republic
Crimea
Croatia,
Cuba,
Cyprus
Eritrea
Democratic Republic of the Congo
Former Federal Republic of Yugoslavia
Guam
Hong Kong
Iran
Iraq
ISIL (Da’esh) & Al-Qaida & The Taliban
Italy
Ivory Coast
Japan
Liberia
North Korea
Puerto Rico
Republic of Guinea
Republic of Guinea-Bissau
Romania
Russia
Sierra Leone
Serbia
Sevastopol, Seychelles
Singapore
Slovenia
Somalia,
South Sudan
Spain
Sudan
Syria
United States of America
United Kingdom
United States
Virgin Islands
Venezuela
Yemen
Zimbabwe

Review of Awards won by Moneta Markets

To give traders all over the world excellent service, Moneta Markets has won numerous awards from prestigious organizations. It has been honored for providing outstanding customer support and trading platforms awards and it strives to maintain a position.

Table 4: Moneta Markets Award details

AWARDS AWARDED BY

Users Choice Award 2021

Forex Rating

Best Forex Broker for Beginners 2021

Forex Rating

Best Forex Broker for Professionals 2021

Forex Rating

Most Advanced CFD Trading Platform 2020

CV Magazine

CDF Platform of the Year 2021

FinTech Awards

10 Best Companies to Watch in 2021

FinTech Awards

Best Web-based Trading Platform and Mobile Apps 2020

Global 100

Investments, Products, and Instruments Review of Moneta Markets

You can trade more than 300 instruments through Moneta Markets’ MT4 and PRO Trader platforms, including Forex, Bonds, Commodities, ETFs, indices, and share CFDs.

Financial Instruments that you can trade using Moneta Markets:


Forex

Commodities

Indices

Share CFDs

EFTs

Bonds

Forex

At Moneta Markets, traders can choose from more than 45 unique Forex pairs. The platform offers five days a week of Forex trading with extremely low Forex trading costs and simple access to the financial markets via the cutting-edge PRO Trader and MT4 platforms.

Commodities

Oil, Natural gas, gold, and silver are the four commodities that Moneta Markets sells the most of. Moneta Markets offers 17 commodities that are widely traded and liquid, including soft commodities, precious metals, and energy.

Indices

Traders can take advantage of numerous opportunities to access 23 global indices by using the powerful MT4 and PRO Trader trading platforms in the Moneta markets.

Share CFDs

The European, US and UK share CFD markets offer traders in Moneta markets access to numerous multinational companies. Trading long or short can help traders profit from changes in share prices in a variety of market scenarios.

ETFs

There are 51 ETFs available, with VanEck Gold Miners, iShares Global Clean Energy, Global X Blockchain, and ProShares UltraShort S&P500 being some of the more well-known ones.

Bonds

CBOT, ICE, Euronext, and EUREX are the four exchanges where Moneta Markets offers its 7 Bonds.

Trading Platforms Available in Moneta Markets: A Review

Moneta Markets offers Forex, Commodities, Indices, and Share CFDs on among the best MetaTrader 4 and PRO Trader platforms as part of its partnership with MetaQuotes.

Customers of Moneta Markets can benefit from a seamless connection across all trading platforms, whether they favor the robust MT4 platform and Mobile apps or the web-based PRO Trader platform.

Trading Platforms that can be used for trading in Moneta Markets:


MetaTrader 4

MT4 WebTrader

MetaTrader 5

PRO Trader

MetaTrader 4

Because of the seamless integration of the MetaTrader 4 platforms and the PRO Trader platform, traders can choose their preferred trading environment. With spreads starting at 0.0 pips without commission, traders can execute orders extremely quickly on a variety of account types, including STP and ECN Accounts. Automated trading systems and indicators can be easily coded using the trading platform’s custom scripting language.

Image 2: MetaTrader 4 Platform of the Moneta Markets website

A screenshot that shows the information about MetaTrader 4 trading platform on the Moneta Markets website

Image Copyrights reserved to Moneta Markets Website

MT4 WebTrader

You can access the MetaQuotes WebTrader platform from any web browser on any operating system and begin trading on more than 1,000 global markets. 30 well-known trading indicators, a variety of technical analysis tools, and One-Click trading are all available to you when you trade using the Moneta Markets WebTrader platform.

Image 3: MT4 WebTrader Platform of the Moneta Markets Website

A screenshot that shows the information about the MT4 WebTrader trading platformon the Moneta Markets website

Image Copyrights reserved to Moneta Markets Website

MetaTrader 5

Advanced traders who register with Moneta Markets have the option to upgrade to the MT5 platform. The platform includes a powerful back-testing module that enables users to quickly test new trading strategies. They can set up trading alerts and use the integrated economic calendar to stay up-to-date on the most recent events in the world economy.

On the App Store and Google Play, Apps for MT5 and MT4 can be downloaded for free. The MetaQuotes WebTrader platform allows traders who want more flexibility to access their MT4 or MT5 accounts through the browser on any Mobile device or desktop of their choice.

PRO Trader

For experienced traders who want quick and easy market access, PRO Trader is the most suitable Moneta Markets web-based platform. Trading View, the platform behind PRO Trader, provides access to hundreds of widely used indicators as well as various technical analysis and drawing tools. In both dark and light modes, the PRO Trader trading platform offers more than 20 different chart layouts. PRO Trader enables traders to set take-profit and stop-loss orders, ensuring that they are always aware of the risks associated with trading stocks, commodities, Forex, and CFDs.

Image 4:  PRO Trader Platform of the Moneta Markets Website

A screenshot that shows the information about the PRO Trader platformon the Moneta Marketswebsite

Image Copyrights reserved to Moneta Markets Website

Review of the Mobile Trading Platform of Moneta Markets

You can trade anywhere, at any time, with Moneta Markets’ official MT4Mobile applications. Traders can customize several technical indicators in the Moneta Markets Mobile app using an iPhone, iPad, Android, or another mobile device while they are on the go. The PRO trading platforms, MetaTrader 4 and MetaTrader 5, are all compatible with the mobile app.

Image 5: Mobile Trading Platform of the Moneta Markets Website

A screenshot that shows the information about the Mobile trading platform on the Moneta Markets website

Image Copyrights reserved to Moneta Markets Website

Review of Types of Accounts Available in Moneta Markets

The traders are provided with three unique Account types, which differ primarily in the services they provide.

Moneta Markets Account Types are:


Direct STP Accounts

Prime ECN Accounts

Ultra ECN Accounts

Direct STP Accounts

Prime ECN Accounts

Ultra ECN Accounts

Demo Account Review of Moneta Markets

Moneta Markets recommends new traders practice trading until they feel at ease with their trading strategy, the PRO Trader and MT4 platforms, or both. Before your login expires, Moneta Markets demo Accounts are active for 30 days.

Account Opening Process at Moneta Markets

Direct STP, Prime ECN, and Ultra ECN, as well as an Islamic Account and a Demo Account, are the Accounts available in Moneta Markets.

Table 5: Steps to open a Moneta Markets Account:

Go to the official website of Moneta Markets.
 
To start a new trading account, select the Sign-Up option.
 
Traders will be taken to a registration form.
 
Their residence country, account type, first and last names, email addresses, and phone numbers will be requested.
 
It will request additional information, including the currency of your Account, date of birth, nationality, address, and financial information like your trading history, employment situation, yearly income, etc.
 
To go to the next page, type Next.
 
The final step requires providing identity proof such as a driver's license or passport, residential proof such as a bank statement or utility bill, and payment method proof.

Fees & Commissions Review of Moneta Markets

Deposit & Withdrawal Methods Review of Moneta Markets

Moneta Markets provides a wide range of deposit and withdrawal options, such as Wire Transfer, credit or debit card (Visa and MasterCard), FasaPay, SticPay, and JCB. The following currencies can be used to fund trading accounts: USD, EUR, GBP, NZD, SGD, JPY, CAD, HKD, and BRL. Moneta Markets requires a minimum deposit of $50 for the Direct STP Account, $200 for the Prim ECN Account, and $50,000 for the Ultra ECN Accounts.

Table 6: Fees& Payment Methods on Moneta Markets

Moneta Markets Payment Method Fees Processing Time for Deposit Processing Time for Withdrawal

Credit/Debit Card

(Visa and MasterCard)

$0

Instant

1-2 days

Wire Transfer

$0

2-5 business days

1-2 days

FasaPay

$0

Instant

1-2 days

JCB

$0

Instant

1-2 days

SticPay

$0

Instant

1-2 days

Leverage Available on Moneta Markets: A Review

Moneta Markets‘ standard Leverage ranges from 1000:1 for FX pairs to 1000:1 Leverage for FX. But you can adjust this to suit your risk tolerance and trading strategy.

Table 7: Maximum Leverage of Assets Available in Moneta Markets

Assets Maximum Leverage

Share CFDs

Up-to 33:1

Precious Metals

Up-to 1000:1

Soft Commodities

Up-to 50:1

Energy

Up-to 500:1

Indices

Up-to 1000:1

Forex

Up-to 1000:1

Trading Hours Review of Moneta Markets

Forex trading is accessible every day of the week. Depending on the specific asset you are trading, different markets may be accessible. These specifics can be found right away on the Moneta Markets website.

Image 6:Trading Hours Section of the Moneta Markets Website

A screenshot that shows the information about Trading hours on the Moneta Markets website

Image Copyrights reserved to Moneta Markets Website

Trading Tools Review of Moneta Markets

Here are some additional products and tools that can improve your broker’s trading experience even more.

Trading Tools Available in Moneta Markets:


Economic Calendar

Free Forex VPS

Rescue Bonus

Technical Rating Indicator

Market News

Forex Trading Calculators

DupliTrade

ZuluTrade

PRO Trader Tools

Economic Calendar

An economic calendar can help you decide whether to stay on the sidelines and take a position or stay on the sidelines, capitalizing on news-driven volatility.

Image 7: Economic Calendar Section of the Moneta Markets Website

A screenshot that shows the information about the economic calendar on the Moneta Markets website

Image Copyrights reserved to Moneta Markets Website

Free Forex VPS

Forex traders need the best solution to find speed, stability, and platform uptime to profit from the market’s round-the-clock activity.

Moneta Markets and HokoCloud have teamed up to offer the fastest and most reliable automated VPS. It is an ideal solution for serious traders to keep their MetaTrader platform operational twenty-four hours a day so they don’t miss a trade.

Image 8: Forex VPS Section of the Moneta Markets Website

A screenshot that shows the information about Forex VPS on the Moneta Markets website

Image Copyrights reserved to Moneta Markets Website

Rescue Bonus

The current market volatility, with large price swings in all directions, can make trading difficult. If you have lost 75% or more of the initial deposit of $1,000 or more, Moneta Markets will give you a 25% Rescue bonus to help get you back on track so you can keep trading.

Table 8: Minimum Deposit and Rescue Bonus of Moneta Markets

Deposit Realized loss Rescue bonus

$4000

$3000 or more

$4000 x 25% = $1000

$2000

$1500 or more

$2000 x 25% = $500

$1000

$750 or more

$1000 x 25% = $250

Image 9: Rescue Bonus Section of the Moneta Markets Website

A screenshot that shows the information about the Rescue bonuson the Moneta Marketswebsite

Image Copyrights reserved to Moneta Markets Website

Technical Rating Indicator

Moneta Markets’ technical analysis ratings are an essential tool for any trader because they combine a summary of buy and sell signals based on various technical indicators. Whether you trade FX, Indices, or any other market, the Moneta Markets Technical Rating Indicator can help you gain an edge over others.

Image 10: Technical Rating Indicator Section of the Moneta Markets Website

A screenshot that shows the information about the Technical Analysis Indicator on the Moneta Markets website

Image Copyrights reserved to Moneta Markets Website

Market News

WebTV provides trading insights along with the most recent business news from the New York Stock Exchange’s trading floor. WebTV provides trading insights along with the most recent business news from Exchange trading floor. With Moneta TV, you can learn about the financial markets and receive daily trade advice based on technical and fundamental analysis.

Image 11: Market News Section of the Moneta Markets Website

A screenshot that shows the information about market news on the Moneta Markets website

Image Copyrights reserved to Moneta Markets Website

Forex Trading Calculators

You can use the Moneta Markets Forex calculators to improve your trading decisions and identify important price levels. Based on actual market prices, all values are computed instantly.

Image 12: Forex Trading Calculator Section of the Moneta Markets Website

A screenshot that shows the information about Forex calculators on the Moneta Markets website

Image Copyrights reserved to Moneta Markets Website

DupliTrade

All of Moneta Markets’ customers can now replicate the trading activities of a portfolio of proprietary traders as a result of their partnership with DupliTrade. Based on your preferred trading strategy, trading style, and instruments, you can choose the traders you want to follow. PRO Trader and MT4 platforms help traders automatically duplicate their trades.

ZuluTrade

ZuluTrade is a platform where Moneta Markets customers can link their Accounts. It enables you to explore highly successful professional traders’ portfolios and trading strategies. You can follow them and trade exactly as they do. Your Moneta Markets Account will be automatically updated with any positions they open or close.

PRO Trader Tools

Customers of Moneta Markets can now access an exclusive set of trading tools to learn more about the factors influencing world markets. You can access everything you need to give you a trading edge, like real-time macroeconomic news, live trading signals, in-depth crowd insights, and streaming market buzz. With the help of Moneta Markets’ trading tools, you can increase your balance.

Bonus Review of Moneta Markets

The broker provides a variety of promotions to suit the needs of all traders, such as a 25% Rescue bonus, a selection of unique PRO Trader Tools, a Free VPS service, 100+ video trading tutorials, and much more.

Education and Research Review of Moneta Markets

Moneta Markets provides a wide range of learning resources and research tools that serve as the best manual for beginning traders. You can take advantage of a free sneak peek into its library of premium trading tutorials called Market Masters Course, where you can learn the fundamentals of trading with technical and fundamental analysis, as well as the basics of the stock and Forex markets.

You can access the whole Market Masters video course, which contains more than 100 advanced trading tutorials, by opening a live trading Account and making a deposit of $500 or more.

Images 13 : Education Section of the Moneta Markets Website

A screenshot that shows the information about education on the Moneta Markets website

Image Copyrights reserved to Moneta Markets Website

Advantages & Disadvantages of Moneta Markets

Moneta Markets have both advantages and disadvantages, which are listed in Table 9.

Table 9 : Pros and Cons of the Moneta Markets Website

Pros of Moneta Markets Cons of Moneta Markets
There are many different trading instruments available.
A wide variety of tools are available.
Various Account types are available.
The minimum deposit is low which begins at $50.
Every Account type is available with competitive spreads.

 Customers from the US and the UK are not accepted.

 Customer service is not available 24/7 in Moneta markets.

Customer Support Review of Moneta Markets

You can get in touch with Moneta Markets’ customer service team by phone, email, or live chat. It provides 24/5 multilingual customer support. Moneta Markets has a comprehensive FAQ section.

Table 10 : Customer Support Service Details of Moneta Markets

Social Media Pages of Moneta Markets

Telephone

+44 (113) 3204819 - UK

+61 2 8330 1233 - International 

Email

Twitter

Linkedin

Facebook

Instagram

Youtube

In a Nutshell

Discover the ultimate guide to navigating the exhilarating world of cryptocurrency exchanges at tradingcritique.com! Explore unbiased reviews of the best exchanges and check out our broker-review for valuable insights into the top-rated brokers. Start your journey to financial success today! Visit us now.

Frequently Asked Questions – Moneta Markets

1. What does "Market Master" mean?

This course on Forex trading has been created to teach traders the fundamentals of both the Forex market and the stock market.

2. What is the minimum deposit amount in the Moneta Markets?

The minimum deposit amount at Moneta Markets is $50.

3. How long does it take to withdraw from the Moneta Markets?

The Moneta Markets withdrawal process typically takes 2 days to complete.

4. What is the Moneta Markets' maximum leverage?

For FX, Moneta Markets has a maximum leverage of 1000:1.

5. Can US customers use Moneta Markets?

Trading between US traders and non-US brokers is prohibited by CFTC regulation.

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