- Segregated client funds held with National Australia Bank
- All-in-one Moneta Markets Web Trader platform
- Good range of trader research and education tools
- Offshore Cayman Islands regulation
- No online details regarding trading commissions
- Established in 2020
- Only one account type
Company Information
Moneta Markets was founded in 2020 and is a trademark of Vantage International Group Limited which is authorized and regulated by the Cayman Islands Monetary Authority (CIMA). Moneta Markets is a subsidiary of Vantage International Group Limited (VIG) and leverages over 10-years’ experience as global financial markets’ specialist. As a relatively new broker, Moneta Markets now is trying to prove its services to the customers, as the competition is enormous.
Markets
Moneta Markets suggests its customers the basic asset classes. Everybody will find something useful. All in all, you can choose the marker best suiting for you.
● Commodities
● Indices
● Shares CFDs
● Crypto
Trading accounts
Moneta Markets offers one type of trading account with a maximum leverage of 1:500. There is also a possibility to open a demo account, where you trade with no real money, so you can prepare for the real trade. The maximum leverage for a live account is different for each account type:
• Up to 500:1 for Forex
• Up to 200:1 for Indices
• Up to 100:1 for Energies
• Up to 50:1 for Soft Commodities
• Up to 5001: for Precious Metals
• Up to 20:1 for Share CFDs
Open an account
To open an account, users simply need to click on the Sign-Up button on the broker’s homepage. Here, users will need to fill in their name, email, and password and telephone number while agreeing to the Vantage International Group’s legal documents.
Minimum deposit
To open a live account, you’ll need a minimum deposit of at least $200. In other case, you can open a demo account that you can use to practice and familiarize yourself with their platform.
Trading Platforms
Moneta Markets provides its clients with its own platform, namely the Moneta Markets WebTrader. The Moneta Markets WebTrader is supported by PandaTS, a technology developer that caters to the retail forex industry. The Moneta Markets Web Trader Platform offers a simple order module with a real-time pip and margin value trading calculator, precision charting with over 45+ technical indicators and 6 chart types available. There is also ability to set stop loss and limit orders. Deposit and withdrawal request directly from the platform etc.
Moneta Markets offers users the ability to access mobile trading on the go from its own AppTrader both Android and iOS systems. The app download links can be found on the broker’s website, or in the Google PlayStore or Apple AppStore.
Our verdict
Let’s draw the conclusions about the very broker. Moneta Markets is a regulated broker, which is relatively new broker, as it was established in 2020 under the protection of Vantage International Group Limited. It segregates client funds. There is not a bad range of trader research and education tools. However, there is only one account type, and there is not much information about its features on the website, what may be a bit confusing for a complete novice. There are no online details concerning trading commissions as well. After careful research, you can now choose the best broker meeting all your requirements.
Moneta Markets Details
I must say this broker has excellent support. This is my favorite broker. Super fast order execution, transparent spreads and (besides others) german speaking support. The signup process is easy and withdrawals work fine.
I have never tried to withdraw until today. I had a successful night trading and wanted to withdraw the money for my first time. So everything was good but suddenly something went wrong. May be servers went down. I don’t know…But the fact is that I had do begin the procedure again. But finally I succeeded
Help was easy to understand and super fast… under a minuit. Thanks
Really bad customer service, even to open an account. I faced many difficulties to do it. A lot of documents are needed
Moneta Markets has good service and in a timely manor when ever there is a problem. They also have good spreads. They offer some traders a Moneta Markets in a country that has become a draconian NANNY State of political government fools!
It’s always bothers me that they don’t put a country/address on the website
This is a decent broker but the 3 stars is because of to their poor withdrawal options. They decreased the number of ways of withdrawing the money
I’ve made Moneta Markets my primary broker quite some time ago and have been very happy with it so far. Fast execution, no requotes, tight spreads, and high leverage is what maket it stand out among brokers. The customer service is very knowledgeable and helpful, too. I would definitely recommend Moneta Markets to my friends.