Moneta Markets Overview
Telephone: +442080363883
Regulation: VFSC, FCA (UK)
Pairs offered: AUD/CAD, AUD/CHF, EUR/CAD, EUR/CHF, GBP/SGD, GBP/USD, USD/CHF, GBP/AUD, EUR/GBP, AUD/JPY, CAD/CHF, GBP/JPY, NZD/USD, USD/SEK, USD/JPY, EUR/USD, AUD/USD, and others.
Minimum Deposit: $50
Spreads From: 0.0 PIPs
Max Leverage: 500:1
Markets: Forex, Indices, Commodities, Shares
Deposit Options

Moneta Markets Broker Review

Moneta Markets brings a fresh perspective to the world of online trading. This forex, commodities, indices, and share CFDs platform is fully licensed and regulated by VFSC #4 of the Financial Dealers Licensing Act. Clients have access to a range of trading platforms, including WebTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5) for Windows and Mac operating systems. Client funds are guaranteed secure with segregated bank accounts at an AA-rated bank in Australia. With negative balance protection, regular audits, and indemnity insurance, Moneta Markets has got traders covered.

Overview/ Background

Moneta Markets brings years of experience to the fore in online trading. This international financial markets specialist has extensive experience managing multi-billion-dollar trading volumes across commodities, indices, share CFDs, and forex sectors. Moneta Markets is focused on transparency, credibility, and ease of use for retail clients across the board. As part of the VGL Group, Moneta Markets builds on a decade of in-depth industry experience, with 1.5 million+ trades on a monthly basis, 70,000+ client accounts, and over $100 billion in traded volumes alone. This reputable brand prides itself on transparency, exceeding customer expectations, and providing guaranteed safety and security at all times.

 

This CFD broker offers 300+ web-based share CFDs to clients. Rapid executions of trades, quick and easy access to the financial markets, and cutting-edge trading platforms are standard for registered traders at Moneta Markets. It’s possible to access the markets 24/5, at your leisure. PC, Mac, Android, and iOS trading is fully supported on powerful WebTrader, MT4, and MT5 platforms. 100% safe and secure mobile apps are readily available at the Google Play Store for Android, and the App Store for iOS devices. As part of the Vantage Group of Companies, authorized around the world, including the FCA in London, VFSC in Vanuatu, and the CIMA in the Cayman Islands, regulatory oversight is guaranteed.

 

Trading online at Moneta Markets is easily accomplished, with hundreds of financial instruments across forex, commodities, indices, and share CFD categories. It is possible to trade the markets to the upside with bullish price movements, or to the downside with bearish price movements. Demo trading and real money trading are available. Moneta Markets offers leveraged trading of up to 500:1, with a minimum deposit of $50 and $0 in associated fees.

 

 

Account Types

The trading accounts available at Moneta Markets include Moneta STP, Moneta ECN, and Moneta PRIME. The 3-step process to getting started with your account requires you to register, fund your account, and start trading.

 

Features of Moneta Markets Accounts:

 

Moneta STP

Platform – WebTrader, MetaTrader 4, MetaTrader 5, and AppTrader
Execution Type – STP (straight-through processing)
Range of Markets – 44 forex pairs, 226 share CFDs, 19 commodities, and 16 indices
Minimum Deposit Amount – $50
Spreads From – 1.2 pips
Leverage Amount – 500:1
Base Currencies – AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD
Islamic Account – yes
Suitable for – beginner traders
Hedging – yes
Stop out – 50%

 

Moneta ECN

Platform – WebTrader, MetaTrader 4, MetaTrader 5, and AppTrader
Execution Type – ECN (electronic communication network)
Range of Markets – 44 forex pairs, 226 share CFDs, 19 commodities, and 16 indices
Minimum Deposit Amount – $200
Spreads From – 0.0 pips
Leverage Amount – 500:1
Base Currencies – AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD
Islamic Account – yes
Suitable for – scalpers and expert advisors
Hedging – yes
Stop out – 50%

 

Moneta PRIME

Platform – WebTrader, MetaTrader 5
Execution Type – STP (straight-through processing)
Range of Markets – 44 forex pairs, 226 share CFDs, 19 commodities, and 16 indices
Minimum Deposit Amount – $10,000
Spreads From – 0.4 pips
Leverage Amount – 500:1
Base Currencies – AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD
Islamic Account – no
Suitable for – Professional traders
Hedging – yes
Stop out – 50%

 

There are also swap-free accounts available to clients. These require registering for a Moneta Markets account, completing the swap-free form, activating the swap-free account, and initiating trading activity.

 

 

Trading Platform/Software

Moneta Markets features 3 powerful trading platforms, including WebTrader, MetaTrader 4 (MT4), and MetaTrader 5 (MT5). Clients have access to platforms compatible with their specific account type.

 

WebTrader is available as a stand-alone option or with MetaTrader 4 and MetaTrader 5. It is compatible with ECN, standard STP, and prime accounts, and can be accessed on all browsers, Android, and iOS devices. The minimum volume with WebTrader is 0.01., with maximum leverage of up to 500:1. It supports ECN and STP executions, with no EAs for forex trading. The base currencies include AUD, USD, GBP, EUR, SGD, CAD, HKD, JPY, and NZD. Hedging and scalping are supported, and there are 9 timeframes, and 6 chart types to go with 48 indicators.

 

MetaTrader 4 is the most popular, powerful, and user-friendly trading platform for forex. It can be used with standard STP accounts and ECN account types. MT4 fully supports 44 forex pairs, 226 share CFDs, 19 commodities, and 16 indices. It is available on desktop, and mobile, with a minimum volume of 0.01 lot, leverage of up to 500:1, and forex robots are supported. Account base currencies include AUD, GBP, USD, CAD, EUR, STD, JPY, HKD, and NZD. Hedging and scalping are both supported, and there are 9 timeframes with MT4. Traders can choose from 3 chart types, and there are 51 indicators.

 

MetaTrader 5 is a fully upgraded, and more powerful trading platform than MetaTrader 4. MT5 is a celebrated Forex trading platform, which supports 44 FX pairs, 16 indices, 226 share CFDs, and 19 commodities. The minimum volume is 0.01 lot, with leverage of up to 500:1, ECN and STP execution types, and forex robots are supported. Hedging and scalping are available, with 3 chart types, and 38 indicators.

 

 

 

Deposit options

Moneta Markets deposit options include the likes of International EFT, Visa, MasterCard, FasaPay, JCB, and Sticpay. Wire transfers take between 2-5 business days to process, while other options allow for the processing of deposits. There are no fees associated with deposits, and the range of available currencies varies from one deposit option to the next. Credit cards, debit cards, and International EFTs accept AUD, USD, GBP, EUR, CAD, NZD, JPY, and SGD.

 

There are no fees associated with deposits. However, there are certain restrictions in place for maximum deposits per transaction, per card, or per account per day. The restricted maximum deposit is AU$10,000. If you are using a first-time funding method such as a card, the maximum amount is AU$1,000, or currency equivalent. Deposits are safe and secure with SSL encryption, account verification, and username/password-protected logins.

 

 

Markets

There are 4 broad categories of markets to trade at Moneta Markets. These include forex, commodities, indices, and share CFDs.

 

Currency Pairs – AUD/CAD, AUD/CHF, EUR/CAD, EUR/CHF, GBP/SGD, GBP/USD, USD/CHF, GBP/AUD, EUR/GBP, AUD/JPY, CAD/CHF, GBP/JPY, NZD/USD, USD/SEK, USD/JPY, EUR/USD, AUD/USD, and others.

Commodities – Natural Gas, Silver, Gold, Crude Oil, Copper, Coffee, Cocoa, Cotton, Oranges, and Sugar.
Indices – India 50, South Africa 40, VIX, US Small Cap 2000, France 40, USD Index, NAS 100 Index, Euro Stoxx 50 Index, Hang Seng Index, China A50 Index, Nikkei 225, S&P, Dow Jones 30, ITA40, ES35, DAX30, FTSE 100, and ASX S&P 200.
Share CFDs – Caltex Australia, Crown Resorts Ltd, Qantas Airways Origin Energy, ASX Ltd, AMCOR, Rio Tinto Ltd, BHP Billiton Group, Apple, Netflix, Facebook, and Google.

 

Traders can access some 135+ company shares in the UK, US, Europe, and Australia in a CFD format. There are 15+ global indices available in a CFD format, 15+ commodities in a CFD format, and 45+ currencies too.

 

 

Bonuses

Moneta Markets offers clients A 50% deposit bonus when they deposit at least $500 +. This is applicable to new clients, or existing clients. The 3-step process requires you to add funds to your account of at least $500, opt in to claim your 50% deposit bonus, login to the platform and start trading.

 

 

Customer Support

There are several ways to get in touch with customer support representatives at Moneta Markets. These include telephone support in the UK +44-208-03-63883, email support at [email protected], dedicated social media pages on Facebook, Twitter, LinkedIn, and YouTube, and a Frequently Asked Questions (FAQs) section. This is pre-populated with plenty of questions and answers on a wide range of topics. The FAQs cover registration, trading, regulation, safety, demo trading, deposits/withdrawals, fees, technical issues, and platforms. Support is professional, polite, and prompt. The quickest way to get in touch is the live chat functionality. The live chat agents are available in real-time, with social sign-ins via Gmail or Facebook.

 

 

Safety

For starters, Moneta Markets is fully regulated to offer CFD trading to clients. It operates according to VFSX regulations. Client funds are segregated from company funds, with an AA-rated Australian bank (National Australia Bank). SSL encryption (secure socket layer) is in place to protect the integrity of client accounts and information at all times. Full registration is needed, with ID verification to open accounts, for demo or real money trading.

 

Proof of identity is essential to set up a live trading account, and verification will be sent within 24 hours. This online trading platform offers to restore your balance to neutral if Black Swan events occur. However, instances of excessive leverage and other forms of trading abuse will be carefully assessed to determine with a negative balance protection will be applied.

 

 

Ease of Use

Moneta Markets is surprisingly easy to use for new traders or experienced traders. This trading broker is accessible across MetaTrader 4, MetaTrader 5, and WebTrader. There are clear tabs for clients and trading-related matters. The drop-down menus present all the options for an easy-to-use trading experience.

 

All the action tabs are highlighted in red or green, for ease of use. Getting started, signing up, or logging in is simply a click away. You can access the trading platform on PC, MacBook, Android smartphones and tablets, or iPhone/iPad devices. The apps are 100% free to download and install, and intuitive.

 

 

Final Thoughts

Moneta Markets is certainly a breath of fresh air in the congested online trading industry. The designers clearly worked hard behind the scenes on the backend to create a user-friendly set of trading platforms on the front end. It cuts a fine form with clients who enjoy trading forex, commodities, indices or share CFDs.

 

It’s surprisingly easy-to-use, regardless of your level of trading experience. There are useful tools, features, and feeds to learn how to trade, and boost your knowledge of the world’s most actively traded markets. The powerful trading platforms, demo account options, and Islamic account feature certainly add to the appeal of Moneta Markets.

Pros
  • Low minimum deposit
  • 300+ CFDs to trade
  • Segregated accounts
  • Negative balance protection
  • Fully licensed and regulated online trading brokerage
Cons

Limited educational tools

Country trading restrictions in place

Limited protections offered by offshore regulatory authorities

Moneta Markets Overview
Telephone: +442080363883
Regulation: VFSC, FCA (UK)
Pairs offered: AUD/CAD, AUD/CHF, EUR/CAD, EUR/CHF, GBP/SGD, GBP/USD, USD/CHF, GBP/AUD, EUR/GBP, AUD/JPY, CAD/CHF, GBP/JPY, NZD/USD, USD/SEK, USD/JPY, EUR/USD, AUD/USD, and others.
Minimum Deposit: $50
Spreads From: 0.0 PIPs
Max Leverage: 500:1
Markets: Forex, Indices, Commodities, Shares
Deposit Options
Pros
  • Low minimum deposit
  • 300+ CFDs to trade
  • Segregated accounts
  • Negative balance protection
  • Fully licensed and regulated online trading brokerage
Cons

Limited educational tools

Country trading restrictions in place

Limited protections offered by offshore regulatory authorities