Moneta Markets is one of the emerging brokers that offers services to its clients from all over the globe.
- No deposit and inactivity fees
- 300+ CFD instruments
- Variety of educational materials
- Various account currency options
- High minimum deposit
- Demo account is active for only 30 days
With established offices in the Cayman Islands, London, Toronto and New York, Moneta Markets ensures that its clients can conveniently trade online using any device at any time.
Moneta Markets is licensed and strictly regulated by the Cayman Islands Monetary Authority (CIMA), Australian Securities & Investment Commission (ASIC), and Financial Conduct Authority (FCA) under the registration number is 997349. So we consider it completely safe for use in the UK.
Our team of experts in the financial sector has conducted over 20 checks over 150+ hours, testing all Moneta Markets trading platforms’ instruments and operation. Based on our in-depth research, we have prepared a detailed article to acquaint you with the advantages and disadvantages.
Moneta Markets – Who are They
Moneta Markets is a dynamic young company from the UK with a bold ambition: to become the world’s leading provider of financial marketplace solutions. Moneta Markets was established in 2009, and ever since, it has been a really profitable enterprise.
Moneta Markets is an online trading provider aimed at providing a non-standard low-cost approach to the industry. The broker has three types of accounts and presents the best conditions for all traders regardless of their level. You can open STP, ECN, and Moneta Prime account. The minimum deposit is $50(£36,99). Besides, you can open and keep a live CFD trading account with a $0 balance.
The broker offers a simple-created web trading platform with a simple user interface and 300+ most popular tradable instruments. You can choose among forex, indices, commodities, metals, CFDs, and crypto.
The Moneta Markets platform gives traders a chance to make the best out of their trading endeavours by using its variety of features to suit any need that a trader might have, be it algorithmic trading or news feeds or both. There is also powerful 45+ indicators and 6 chart types to trade effectively.
| Type | Fee |
|---|---|
| Minimum Deposit | $50 |
| Deposit Fee | $0 |
| Withdrawal Fee | $0 |
| Inactivity Fee | No |
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Our Opinion about Moneta Markets
Moneta Markets has many positive reviews and relatively high ratings on Google Play and App Store, but there are not so many installs. The platforms are straightforward and simple to navigate. Despite the great tools and variety of tradable assets, it remains suitable for beginner traders and doesn’t hurry to get complicated.
We want to highlight that Moneta Markets have multilingual customer support in 10+ languages. But it still works a little slowly. When we tried to get a quick answer in live chat, they advised us to leave the e-mail. So we’ve got the answer in several days.
Moneta Markets offer you to try their platforms with a 30-day-last demo account. It allows you to learn all the platform’s features in detail. They also have excellent educational materials to expand your trading knowledge. Moneta Markets offers unique training courses, helpful video tutorials, and a FAQ section to help you get answers to the most common questions.
FAQs
Yes. Moneta Markets is licensed and regulated by various financial authorities, including the Financial Conduct Authority (FCA). Adhering to such authorities’ protocols ensures the broker operates fairly and transparently. Users are also guaranteed protection of their funds and data.
Moneta Markets is an online trading broker offering a range of financial instruments, including forex, commodities, indices, and cryptocurrencies. The platform allows traders to access the global financial markets and execute trades in real-time using advanced trading tools and analysis resources.
The processing time for Moneta Markets withdrawals may vary depending on the payment method used and the withdrawal amount. However, Moneta Markets aims to process withdrawals as quickly as possible and typically takes up to 1-3 business days.
Moneta Markets was founded by David Billy, who is also its current CEO. Since its establishment in 2009, the broker has grown tremendously and is one of the most celebrated brokers globally.
Absolutely. Moneta Markets is licensed and regulated by multiple authorities, including ASIC, CIMA, and FCA. The platform also uses advanced security measures, such as SSL encryption and two-factor authentication, to protect traders’ personal and financial information.
Moneta Markets Review 2024 Details
✔ Wide range of instruments
I just started with Moneta Markets. There was an issue with my bank for deposits but broker support helped me to keep trading fast.
Moneta Markets has low forex fees and non-trading fees are also very favorable (for example, there is no inactivity fee). Opening an account at Moneta Markets is a very rewarding experience as the process is super fast (less than 5 minutes) and fully digital. The broker also offers a great variety of deposit and withdrawal options, most of which are free of charge. On the negative side, the product portfolio at Moneta Markets is rather limited as the broker only offers forex and some CFDs. Additionally, stock CFD fees are quite high and there is no investor protection provided.
Moneta Markets is a global Forex broker with low fees. I have found a big pluses this broker while I use them:
1)Really low forex fees
2) Seamless deposit and withdrawal
Also, you can easy and quick open account with Moneta Markets. You can be calm as broker offers great customer support with a fast live chat. Emails are typically replied to within 24 hours with relevant answers! Enjoy trading!
Moneta Markets is the best I have seen and used. I chose the Prime account with no fees and the lowest spreads and it was great! Withdrawal of funds was simple and fast. Highly recommend it.
Moneta Markets is a good platform for beginners. It is simple to use. I love the interface of this broker. Highly recommended.
Very happy so far, I started with some small deposit problems, but the team helped me get started and showed me which financing options were most suitable for my account. I recommend it!
Moneta Markets is a very reliable broker for me. Highly recommended because it is so easy to deposit and withdraw, very low costs and great customer service.
I had a great trading experience with Moneta markets! So I will recommend it to friends as well. They are one of the best trading brokers in the whole world. Nice and easy to use platform. I am very satisfied.
The Moneta Markets trading platforms are very user-friendly and good for beginners. They are well-regulated. You shouldn't worry about their legitimacy. They have a lot of trading options, so - they are perfect. I highly recommend.
Would you recommend this provider?
Fees
Account opening
Customer service
Deposit and withdrawal
Would you recommend this provider?
Fees
Account opening
Customer service
Deposit and withdrawal