Moneta Markets Review: Key Features

Introduction

Moneta Markets is a reputable online broker that has been around since 2020 and offers a wide range of financial services around the world. Traders all over the world trust them because they value security and honesty.

FCA, FSCA, and Saint Lucia IBC are in charge of regulating and authorizing the business. The broker offers its clients a wide range of instruments, competitive spreads, and different types of accounts. They prioritize client protection through features like negative balance protection and segregated client accounts.

Moneta Markets is an excellent choice for both new and experienced traders since it has platforms that are easy to use, advanced tools, and multilingual support. In this review, we'll look into their services to learn more about what they have to offer in the world of online trading.

Moneta Markets Key Features

Regulatory Compliance	Authorized by FCA General registration under FSCA (South Africa) Saint Lucia IBC
Wide Range of Instruments	Over 1000 CFDs across various asset classes: - Forex - Commodities - Indices - Share CFDs - ETFs - Bonds
Flexible Account Types	Direct STP Prime ECN Ultra ECN
Islamic Accounts	Available for Direct STP and Prime ECN
High Leverage	Up to 1000:1 for Forex, indices, and precious metals
Competitive Spreads	Starting at 0.0 pips, particularly attractive for Prime ECN and Ultra ECN account holders
Risk Management	Negative balance protection
Advanced Trading Platforms	Proprietary ProTrader MetaTrader 4 (MT4) MetaTrader 5 (MT5) AppTrader Accessible on various devices
Multilingual Customer Support	24/7 support through live chat, phone, and email
Zero Deposit and Withdrawal Fees	Multiple funding methods with no deposit or withdrawal fees
Reputation for Reliability	Known for prioritizing client fund security and transparent trading practices
Multilingual Website and Client Portal	Platform available in 13 languages, enhancing accessibility
Multilingual Marketing Material	Comprehensive multilingual marketing materials provided to partners, enabling effective communication with a global audience.

Regulation and Security

Regulatory authorities are very important for making sure that online trading platforms are safe and honest.

Moneta Markets is overseen by a number of regulatory bodies, such as the Financial Sector Conduct Authority (FSCA) in South Africa, the Saint Lucia Registry of International Business Companies (registration number 2023-00068), and the Financial Conduct Authority (FCA).

These regulatory bodies have strict rules about finances and behavior, which makes the forex broker's business more trustworthy. Traders can count on the broker's commitment to professionalism, openness, and safety, which makes forex trading a safe experience.

Deposits and Withdrawals at Moneta Markets

At Moneta Markets, traders find it easy to deposit or withdraw money from their trading accounts. The broker accepts a variety of payment methods, including:

Deposit Method

There are no fees for placing deposits at the broker. Traders can add money into their accounts in many different currencies, including USD, EUR, GBP, NZD, SGD, JPY, and CAD. Moneta Markets accepts many different methods of depositing, such as Wire Transfer, Credit/Debit Card, Fasapay, JCB, and SticPay. All deposits are processed right away, except for wire transfers, which can take 2-5 business days.

Minimum Deposit

Different types of accounts have different minimum deposit requirements

STP Account: $50
Prime ECN Account: $50
Ultra ECN Account: $20,000

Withdrawal methods

When making a withdrawal request, it's important to remember that the funds can only be withdrawn using the same method and account information that were used to deposit them.

Just like deposits, withdrawals from their accounts are processed without any fees. The time it takes to process withdrawals depends on the method you choose.

Traders can trust them to help them manage their money in an easy and inexpensive way.

Moneta Markets Trading Platforms

Moneta Markets has a number of trading platforms that are all designed to meet the different needs and preferences of traders.

ProTrader

ProTrader is designed for experienced traders who want powerful features and tools. It has a sophisticated trading environment, powerful charting tools, and a large number of technical indicators. Users can put their strategies into action with accuracy and flexibility, making it a great choice for people who want to customize their exchanges.

AppTrader

AppTrader is a trading app for mobile devices made by Moneta Markets. It works with MT4 and MT5 accounts without any issues at all. It gives users live signals, useful data about the market, tools for technical analysis, and has a built-in CopyTrading.

The app also has a built-in economic calendar that lets you keep track of important events. This makes it a useful tool for traders who are always on the go.

MT4 (MetaTrader 4)

MT4 is a popular choice among traders of all levels because of how easy it is to use. It gives you access to advanced charting tools and technical indicators and lets you trade using algorithms. MT4 gives its users, no matter how much experience they have, a platform that is flexible and easy to use.

MT5 (MetaTrader 5)

A significant improvement over the popular MT4 platform is MT5. It provides more complex algorithmic trading, additional technical indicators, enhanced charting, and support for a larger variety of assets.

MetaTrader App

The MetaTrader app makes it easy for traders to connect to their accounts and make trades from their phones. It makes exchanging easy and effective by combining the flexibility of mobile trading with the power of the MT4 and MT5 platforms.

MT4 WebTrader

Moneta Markets offers the MT4 WebTrader platform for traders who prefer to trade through the web. This platform lets individuals access their accounts and make trades directly from their web browsers, so they don't have to download any software. This makes exchanging easier and less of a hassle.

Moneta Markets Account Types

The broker has a variety of account types to meet the needs of traders with different needs. Here's a quick look at each type of account and what it can do:

Direct STP Account

The Direct STP Account at Moneta Markets is a great choice for people who are just starting or who have less money to trade with. To get started, all you need is a deposit of at least $50. This type of account lets you use up to 1000:1 leverage, which gives you the freedom to increase your trading potential.

One of the greatest aspects of the Direct STP account is that it lets you use a lot of different trading instruments. Clients can use this type of account if they want to trade Forex, Commodities, Indices, Share CFDs, ETFs, or Bonds. They also offer a swap-free Islamic account under the Direct STP Account for traders who follow Sharia law.

Prime ECN Account

The Prime ECN Account is a good choice for experienced traders who value tight spreads. It has a minimum deposit of $50 and gives you up to 1000:1 leverage. This type of account is made for individuals who want to find the best prices.

The spreads on this account start at 0.0 pips, and are one of its best characteristics. This can reduce trading costs by a lot and help traders make a greater profit. The Prime ECN Account has the same swap-free Islamic account option as the Direct STP Account. It also has a low $3 per lot per side commission fee.

Ultra ECN Account

The Ultra ECN Account is made for traders who do a lot of trading. To open this account, users must deposit a minimum of $20,000, and it gives you up to 1000:1 leverage. If you are an experienced trader looking for the tightest spreads, this account type is for you. Spreads start at 0 pips.

Unlike the other account types, this account does not offer an Islamic account. However, it comes with a lower commission fee of $1 per lot per side, which makes it cost-effective for individuals who trade a lot.

Moneta Markets Leverage

Leverage is a powerful tool that lets traders increase their trading positions in a flexible way. Traders in Forex can use leverage options of up to 1000:1, which lets them make the most of their potential.

Even though leverage makes it easier to make money, it's important to use it wisely when trading. Moneta Markets encourages its clients to act responsibly by giving them the information they need to make good decisions.

Available Trading Products

Moneta Markets gives traders quick and easy access to over 1000 of the most liquid Currencies, Indices, Commodities, Share CFDs, ETFs, and more, all with Prime ECN spreads starting at 0.0 pips.

Moneta Markets Available Trading Assets Image

Forex (Foreign Exchange): With more than 45 currency pairs to choose from, traders can take part in the global forex market and get beneficial spreads.

Indices: Access to 23 of the world's leading stock market indices allows individuals to trade on market movements in a low-cost trading environment.

Commodities: Get access to more than 15 commodities, such as precious metals, energy products, agricultural commodities, and industrial metals, which have tight spreads.

Share CFDs (Contracts for Difference): Exchanges can diversify portfolios. Share CFDs for more than 635 of the most valuable companies in the world. These CFDs include shares from different companies that can be traded on stock exchanges in Europe, the UK, and the US.

ETFs (Exchange-Traded Funds): There are more than 50 major global ETFs that investors can use. These ETFs cover a wide range of asset classes and investment strategies, making it easy for investors to take part in different global markets.

Bonds: With competitive spreads, the broker makes it easy to buy and sell bonds. Individuals can get access to 7 of the most popular bond derivatives from the world's largest economies. This gives them exposure to this important market sector.

Crypto CFDs: With 43 Crypto CFDs that don't require swapping, customers can use a wide range of cryptocurrencies while sticking to their own trading preferences.

Moneta Markets Trading Tools

The broker gives its clients a variety of useful tools that can help them make better decisions and trade better. Some of these resources are:

Economic Calendar: With their Economic Calendar, users can stay up to date on important economic events that could affect the markets.

Forex Sentiment: Through Forex Sentiment analysis, traders can learn a lot about how the market is behaving, which helps them make better trading decisions.

Market News TV: Market News TV gives users access to market news and analysis in real time, so they always have up-to-date information at their fingertips.
Forex VPS: The broker has a Forex VPS service that lets you trade without delays. This makes sure that you can trade without any problems.

ProTrader Tools: The ProTrader platform gives traders advanced tools for trading, such as sophisticated charting and technical analysis, to meet their needs for more features.

MAM/PAMM: Moneta Markets has solutions called MAM (Multi-Account Manager) and PAMM (Percentage Allocation Management Module) for traders and money managers with a lot of experience. With these tools, you can manage multiple accounts and possibly get paid for your trading knowledge.

PnL (Profit and Loss) Reports: Moneta Markets provides traders with detailed PnL reports so they can keep track of their income and performance.

Moneta CopyTrader: A Tool for Informed Trading

Moneta Markets has a powerful tool called CopyTrader that is designed to improve your trading experience by giving you access to a wide range of features:

Moneta Markets Review CopyTrader App Screenshot

Access to 6000+ ProTraders

With CopyTrader, you can check out a community of more than 6,000 professional traders, all of who have their own trading strategies. Users can choose which pro traders to follow and have their trades automatically copied if they want to.

Signal Provider Opportunities

CopyTrader not only lets traders follow other exchanges, but it also gives them the power to send out trading signals. Traders can share their strategies and signals with the Moneta Markets community. This makes it possible for others to follow their trades and make money as CopyTrader signal providers.

Engage with a Trading Community

CopyTrader is more than just a place to trade. It is also a place where traders can meet and share ideas. It is home to one of the biggest mobile trading communities, which helps traders talk, share ideas, and work together.

Moneta Markets CopyTrader App EMFund Chart Image

Moneta Markets Promotions

The broker shows its commitment to its clients by offering exciting promotions that help them with their trading:

Cashback Bonus: Deposit $500+ to get 50% bonus credits that convert to real cash as you trade FX, gold, or oil (up to $2/lot on Direct STP; $0.50/lot on Prime ECN), redeemable monthly.

Partnerships with Moneta Markets

The company does more than just offer great trading services. They also have a variety of partnership programs that allow people and businesses to make more money and work with a trusted broker. Here's a rundown of the partnership options they have:

CPA Affiliate: Earn commissions of up to $1200 CPA by referring traders who meet certain acquisition criteria. This straightforward program appeals to affiliate marketers.

Introducing Broker (IB): As an IB, partners can bring users to the platform and earn commissions from the transactions they make. This gives them freedom and the chance to make a profit.

Hybrid Partner: The Hybrid Partner program lets partners earn commissions in a flexible way that works for different kinds of businesses by combining CPA and revenue sharing.

PnL Share: Moneta Markets also offers a PnL Share option through their CopyTrader app. If someone signs up to be a signal provider, they will get a PnL share of their winning trades from the accounts that follow them or subscribe to their signals. This feature gives partners an additional way to make a profit based on their trading skills.

User-Friendly Website

Moneta Markets website is user-friendly and gives users the following benefits:

Effortless Navigation: The website is easy to use because it is designed in a way that makes it easy to find information and use tools.

Responsive Design: It works perfectly on everything from computers to smartphones.

Multilingual Access: Their website is available in 13 languages, so traders from all over the world can use it.

The website is easy to use, so traders can find the information they need quickly and easily, no matter where they are or what language they speak.

Moneta Markets Customer Support Information

The broker is focused on providing great customer service to help traders do their jobs well. What you need to know is this:

24/7 Availability: Moneta Markets has customer service available 24/7. This means that you can get help during trading hours from Monday to Friday. The customer service team is also known for how quickly they respond.

Multilingual Support: Moneta Markets offers support in many languages, making it easier for traders from all over the world to get the help they need.

Personalized Assistance: When traders come to Moneta Markets for help, they can expect to get a personalized service. The support team is dedicated to meeting the needs of each trader.

Contacting Moneta Markets

Moneta Markets' support can be reached through any of the following ways:

Phone: Dedicated numbers for UK and international inquiries.
Email: Contact support@monetamarkets.com.
Live Chat: 24/7 online chat for real-time assistance.

Pros and Cons

Conclusion

In conclusion, Moneta Markets has become a trusted online trading platform that has focused on safety and transparency since 2020. As a corporate authorized representative (CAR number 1298177), they represent AGC Capital Securities Pty Ltd (AFSL 481024), which makes sure they follow rules and protect clients.

They are further regulated by the FSCA, and the Saint Lucia IBC, which gives their operations even more credibility.

Moneta Markets also offers a wide variety of assets and ways to use leverage, such as currencies, indices, commodities, Share CFDs, and Crypto CFDs. Their platform is easy to use and has tools like economic calendars, CopyTrader, and bonus programs. This makes trading easy and accessible for traders of all skill levels.

FAQs

How do I open an account with Moneta Markets?

Getting started with Moneta Markets is fast and easy. Here are the steps to get you started in trading:

REGISTER: Open a live account in minutes.
FUND: Choose from a variety of funding methods.
TRADE: Access 1000+ trading instruments instantly.

How much does Moneta Markets charge for withdrawal?

The broker is fee-free and does not charge any withdrawals or deposits.

What is the maximum leverage in Moneta markets?

Moneta Markets offers a maximum leverage of up to 1000:1 for Forex, indices, and precious metals.

How long does it take to create a Moneta Markets demo account?

Moneta Markets makes it easy and quick to open a demo account. It usually only takes a few minutes.

What is the fee structure for Moneta Markets?

The broker does not charge fees for withdrawals, deposits, or other common transactions. Take a look at the table below for a complete breakdown.

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