Moneta Markets Review
Moneta Markets is a well-established broker since 2020. Moneta Markets has headquarters in Cayman Islands, South Africa and Vanuatu. Moneta Markets to provide their Forex/CFD trading services to over 4 million clients.
This broker has also been regulated by CIMA 1383491, FSCA (South Africa) 47490 and VFSC 700271.
⌛ Year Established
💰 Bonus offers
📖 Free education
👨💻 PAMM accounts
📊 MAM accounts
📁 Segregated accounts
🕋 Islamic accounts available
Apart from the forex demo account, this broker offers Standard. To successfully navigate your trading account, you also need to consider about leverage and minimum deposit. Talking about leverage in general, the maximum leverage offered by Moneta Markets is up to 1:500. Meanwhile, you can open an account with a starting capital of $50.
If you want to look for a more simple explanation regarding this broker's account type(s), take a look at the following chart:
💲 Min Deposit $50
💡 Min Position 0.01 lot
🔢 Spread Fixed
🤖 Expert Advisors
⏳ Pending orders
Besides lots of currency pair, Moneta Markets also offers some instruments you would like to trade on, such as Forex, CFD, Indexes, Soft commodities, Energies and Crypto for your best choice. Somehow, remember that different instrument has different trading conditions. In this case, you have to make sure that your strategy is well suited for the instrument you chose.
As for Standard account, Moneta Markets specifically provides it with the following instruments and leverage:
FasaPay : Known as an e-payment for retail forex traders, FasaPay does not require a huge amount of fee, giving it a competitive edge among any other e-payments in the forex brokerage industry. Instant process is also featured as one of its advantages.
Moneta Markets also provides payment with Crypto, bitwallet, Tether (USDT), Ethereum, Dash, Credit/debit cards and Boleto Bancário
Trading platform is a tool where you can buy or trade an instrument with only some clicks on your device, anytime and anywhere you want. In addition, price chart is also usually provided with some analytical tools to help you analyze the price movement, so you can increase your profitabiliy by placing well-planned trades.
Hereby, Moneta Markets offers you MetaTrader 4, ZuluTrade and Moneta.
Do you have any question or find any trouble related to Moneta Markets? If you do, you should reach Moneta Markets's support to get the information that you need. Here is the detail of the broker's customer support:
FAQ About Moneta Markets
Is Moneta Markets a good broker?
A good broker constitutes a good service for traders in terms of many criteria including trading instruments, deposits and withdrawals, as well as customer support. What is good for a certain trader does not necessarily mean the same thing to you. So the term "a good broker" can vary in meaning. You can decide for yourself if Moneta Markets is a good broker for you or not by reviewing the criteria. In general, Moneta Markets provides trading service in Forex , CFD , Indexes , Soft commodities , Energies and Crypto . As for the payment methods, you can choose between Crypto, bitwallet, Boleto Bancário, Credit/debit cards, Dash, Ethereum, FasaPay and Tether (USDT). The customer support is available via Email, Live chat, Phone and Web form.
What is the minimum deposit for Moneta Markets?
The starting capital in Moneta Markets is $50.
Is Moneta Markets regulated?
Moneta Markets is regulated by CIMA 1383491, FSCA (South Africa) 47490 and VFSC 700271. A regulated broker equals a more responsible trading environment. You can also expect a more guaranteed safety of funds as some of regulatory frameworks in the financial industry require a compensation scheme in case of unprecedented incidents that result in clients' financial losses.
Is Moneta Markets legit?
Moneta Markets is a brokerage company offering trading services for clients since 2020 with offices in Cayman Islands, South Africa and Vanuatu.