Moneta Markets Review 2023

4.4 / 5
Moneta Markets is #37 in our CFD broker rankings.

Moneta Markets is a great pick for users looking to trade a wide range of markets with 1000+ instruments and high leverage up to 1:1000. Access to the powerful MT4 and MT5 platforms will also appeal to seasoned traders.

- Daytrading Review Team

Moneta Markets is a regulated multi-asset broker offering an excellent suite of instruments spanning forex, stocks, indices, commodities, bonds, ETFs and crypto. There are no deposit fees and the minimum deposit is accessible at $50. The account opening process is also straightforward, taking just a few minutes to sign up and start trading. More than 70,000 traders have signed up with the ASIC, FSCA and FSA-regulated brokerage.


Demo Account

Copy Trading

Award Winning
MT4, MT5, TradingView, TradingCentral
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto
50% Cashback Bonus, Free VPS
Bitcoin Payments, Wire Transfer, Credit Card, Visa, Mastercard
and 3 more
Forex Trading

Moneta Markets offers more than 45 forex pairs with higher leverage than most brokers, up to 1:1000. Spreads are also tight while the trading platforms offer advanced market analysis tools.

Stock Trading

Trade 700+ UK, US, AU, HK and European share CFDs. Spreads start at 0.1 on popular stocks like Google with a 5% margin requirement. New users can start trading stocks in 3 easy steps.

CFD Trading

Moneta Markets clients can speculate on the direction of hundreds of assets covering forex, stocks, indices, commodities, bonds, cryptos and ETFs. Fees are transparent and there are no hidden charges.

Crypto Trading

Trade dozens of popular cryptos against the USD with 1:5 leverage. Digital currencies can be traded as CFDs only - they cannot be directly bought and sold.

Copy Trading

Moneta Markets offers copy trading on its CopyTrader app and ZuluTrade. Both solutions allow clients to hand pick and follow experienced traders with real-time performance statistics and thousands of signal providers.


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  • Most Advanced CFD Trading Platform 2020

✓ Pros

  • ECN and STP trading accounts with competitive pricing
  • Legitimate broker regulated by the ASIC, FSCA and FSA
  • Excellent product portfolio with over 1000 assets
  • Award-winning customer support available 24/7
  • Easy-to-use CopyTrader app for social investors
  • Access to MetaTrader 4 and MetaTrader 5
  • Welcome bonuses and trading promotions
  • Accessible minimum deposit of $50
  • Commission-free trading on US shares
  • Very high leverage up to 1:1000
  • Fast and digital account opening

✗ Cons

  • You have to deposit $500 to access some educational materials
  • Offshore regulation weakens legal safeguards for some traders
  • The demo account expires after one month
  • Withdrawal fees may apply

Moneta Markets is a popular forex and CFD broker. It offers multiple platforms, a deposit bonus deal, plus a range of analysis and trading tools. This review shares our experience testing the brokerage, unpacking trading accounts, payment methods, investor safety and more.

Read why you can trust reviews.


Moneta Markets offers three trading accounts; Direct STP, Prime ECN and Ultra ECN. The accounts are free to open and there are no maintenance fees.

We found that opening an account is fast and easy. You simply need to complete the online application form and provide identity documentation. Account details and login credentials will then be sent via email.

The profiles offer access to all instruments and platforms, plus leverage up to 1:1000 and a minimum trade size of 0.01 lots.

Direct STP

Suitable for beginners

Prime ECN

Suitable for scalpers & EAs

Ultra ECN

Suitable for high-volume day traders and pro investors

For money managers, the broker has also introduced a transparent PAMM solution which offers an unlimited number of managed accounts. Designed with scalability in mind, it is an excellent option for money managers looking to grow their business.

Islamic-friendly accounts are also available via the swap-free form on the website.

Spreads & Commission

Moneta Markets offers low fees.

Trading costs vary by account type and instrument. The broker offers the most competitive fees on its ECN accounts. Spreads are offered from 0.0 pips and are available alongside a low round-turn fee per lot on the majority of assets. For example, upon testing, the EUR/USD currency pair could be traded from 0.0 pips with a $3 commission.

Those trading on the STP account will incur higher spreads vs the ECN profile. For example, the EUR/USD currency pair is offered at an average of 1.56 pips. Due to the pricing model of the account, there are no commission fees.

I was pleased to see that all share CFD commissions have been reduced, including US shares from $6 to $0 and the minimum commission on UK and EU shares has been removed – it is now 0.1% of the nominal value on all trades. This makes it a low-cost broker for stock trading.

Gold and crypto trading products are also swap-free.

Table of live spreads at Moneta Markets

Payment Methods

Moneta Markets has a minimum deposit requirement of $50 or equivalent currency. We consider this low and accessible for most beginners.

Available payment methods may vary depending on your account base currency and your country of residency. The broker accepts nine account currencies: USD, EUR, GBP, NZD, SGD, JPY, CAD, HKD, and BRL.

All deposit methods are commission-free, though third-party charges may apply. Note that first-time deposits via bank card are restricted to $1,000 AUD. Processing times are generally quick:

Note, local regional deposit methods may also be available.

Withdrawals are processed within one to three business days once you have completed the request form within the Client Portal. This compares well to other top-rated brokers.

On the downside, international bank wire transfers will be liable for a minimum fee of 20 units of your trading account base currency, for example, £20. Nonetheless, when reviewing the Moneta Markets platform, we did not come across any withdrawal issues.

Regulation & Licensing

Moneta Markets is a registered broker-dealer operating under three entities, with differing regulatory oversight. Your country of residency will impact the subsidiary you trade with:

Although it is good to see some retail trader safeguards, including negative balance protection, the broker is not overseen by top-tier regulators across all three entities. Some retail traders may be at a disadvantage when it comes to protection.

Assets & Markets

We have reviewed hundreds of brokers and Moneta Markets offers strong market coverage with 1016 instruments. The selection of global stocks, currency pairs and cryptos is particularly strong.


The maximum leverage available at Moneta Markets is 1:1000, which is higher than most brokers we have reviewed. Applying the highest leverage would mean a $100 deposit will provide traders with $100,000 in purchasing power.

Although trading with significant leverage can increase profit prospects, our team stress that it can also increase losses. Ensure you have appropriate risk management strategies in place.

Trading Platforms

Pro Trader

Hosted by TradingView, the broker’s primary web platform is an all-in-one solution, offering account management and trading all from the same dashboard. With the built-in Client Portal, traders enjoy easy deposits and withdrawals in a few clicks.

The dashboard offers all the features you need for agile trading, including:

The web platform can be accessed via all major browsers once you have registered for an account.

MT4 & MT5

The broker also provides the MetaTrader 4 and MetaTrader 5 platforms.

These offer market-leading tools, including dozens of advanced charting features, automated services and built-in support. Aimed at active investors, the easy-to-use desktop and mobile trading platforms will meet the needs of most users.

They offer a more comprehensive set of tools, plus a downloadable alternative to Moneta Markets’ proprietary web-based solution.

Screengrab of MetaTrader 4 webtrader platform on Moneta Markets

Mobile Apps

MetaTrader 4 and MetaTrader 5 can be used on portable devices.

The MT4 and MT5 mobile apps enable day traders to access to the tools, features and functionality found on the web trader or desktop platforms. You can manage your account, open and close positions, check live global pricing and view charts while on the go.

Both applications are available for free download to iOS and Android devices; simply open an account and head to the app store to begin trading.

However, we recommend downloading the AppTrader for iOS and Android devices. This is the broker’s bespoke app that offers a more intuitive and comprehensive trading experience than the MetaTrader software in our opinion. We found that charts can be loaded in full screen and users can overlay a good selection of indicators and drawing tools. There is also an integrated news stream.

The straightforward account management was another bonus for our team. You can deposit and withdraw in a few steps, view your trading history and contact the broker 24/7 through the in-app live chat.

Screenshot of AppTrader from MonetaMarkets

Demo Account

A free STP or ECN demo account is available to Moneta Markets day traders. When we used the practise profile, we found it was only available on the MT4 and MT5 platform. Pro Trader can only be accessed in live mode, which is a drawback as new traders won’t be familiar with the features.

To sign up, select the ‘demo’ button in the top right-hand corner of the website and input the basic requirements. Access virtual funds to learn platform features and tools, or practice making a trade completely risk-free.

On the negative side, while using Moneta Markets, our demo profile expired after 30 days. This is a drawback vs alternatives and we prefer unlimited demo accounts so that we can keep testing strategies.

Moneta Markets Demo Account Configuration

Bonuses & Promos

Moneta Markets is running a 50% Cashback Bonus. Traders that deposit at least $500 will receive 50% of bonus credits that can be exchanged for real cash when they speculate on forex, oil and gold. Cashback is distributed automatically and can be viewed daily in the client portal.

Additionally, a free VPS is available for traders that deposit $500 and trade 5 forex lots per month. This is a great perk if you want to run Expert Advisors (EAs) 24/7 with faster execution speeds and no downtime.

Additional Features

Moneta Markets offers a good selection of useful trading tools.

The brokerage provides news and analysis in the form of daily technical and fundamental trade ideas. In addition, the firm regularly hosts video tutorials and webinars. Videos from Trading Central and news from NewsFactory further bolster the broker’s offering.

We appreciate these resources, as they support beginners looking for new ideas and market opportunities. They don’t match the breadth and depth of some alternatives, such as CMC Markets, but they are good perks.

Other useful features I appreciated while testing Moneta Markets include:

Featured Ideas on forex at Moneta Markets


However, one of the standout tools for me is the CopyTrader app. With over 6000 experienced traders you can follow, plus the option to chat with other investors, it’s a great place to learn.

I also like that to get started you only need to find a master trader that aligns with your trading style and risk tolerance. Then you can start copying their moves in a few taps.


If you want a more seasoned copy trading platform, I would recommend ZuluTrade.

I don’t find the interface as user-friendly as the CopyTrader app, but it offers more in terms of advanced features. This includes the ability to simulate other traders’ strategies using your own settings before you put down funds, plus ZuluGuard, which monitors trader activity 24/7 and protects your account.

Customer Support

Award-winning multilingual support is provided 24 hours a day, 7 days a week via:

Alternatively, a detailed FAQ section can also be found on the broker’s website with details including deposits & withdrawals, platform support and account registration.

Importantly, customer service agents responded quickly during our tests. Agents came back to our queries within a couple of minutes on average and could assist with account, product and platform questions.

Company Details

Moneta Markets was founded in 2019, though has separated as a subsidiary of Vantage International Group Limited (VIG). Today, the broker operates under it own entity, with regulatory oversight from FSCA, ASIC and FSA.

The brand boasts a substantial 70,000+ live client accounts with an average monthly trading volume of over $100 billion across 1.5 million trades.

Trading Hours

Moneta Markets trading hours will vary by instrument. For example, FX pairs can be traded 00:01 – 23:58 GMT+2 or GMT+3 during daylight savings time and cryptocurrencies are available 00:00 – 24:00 GMT+2/3. Gold and silver markets are open 01:00 – 23:59 GMT+2/3.

Detailed opening times and a published calendar can be found on the broker’s website.

Security & Safety

As a regulated CFD broker, clients can be assured of segregated client funds in top-tier accounts. Additionally, the broker is subject to regular third-party auditing.

When using the Moneta Markets software, we would recommend using security settings such as two-factor authentication (2FA) or one-time passwords (OTP).

Moneta Markets Verdict

Moneta Markets offers high leverage, ECN and STP accounts, decent trading tools, and a choice of platforms. The access to MT4 and MT5 also means experienced traders have the advanced features they need to start investing.

Overall, Moneta Markets is a good broker for traders of all experience levels and trading strategies.

Accepted Countries

Moneta Markets accepts traders from Australia, Thailand, South Africa, Hong Kong, India, France, Germany, Norway, Sweden, Denmark, United Arab Emirates, Saudi Arabia, Kuwait, Luxembourg, Qatar and most other countries.

Traders can not use Moneta Markets from Canada, Afghanistan, American Samoa, Albania, Belarus, Bermuda, Bosnia And Herzegovina, Bulgaria, Burundi, Central African Republic, Croatia, Cuba, Cyprus, Congo DR, Eritrea, Guam, Iran, Iraq, Israel, Italy, Japan, Liberia, Libya, Macedonia, Mali, Montenegro, Myanmar, Korea, Puerto Rico, Papua New Guinea, Guinea-Bissau, Romania, Serbia, Sierra Leone, Singapore, Slovenia, Somalia, Sudan, Spain, United States, United Kingdom, Venezuela, Yemen, Zimbabwe.

Payment Methods

Moneta Markets Details

Minimum Trade 0.01 Lots
Regulated By FSCA, ASIC, FSA
Account Types
  • STP
  • ECN
  • PAMM
Islamic Account Yes
Mobile Apps iOS, Android + Web Trader
Margin Trading Yes
Volatility Index Yes
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection Yes
VPS Hosting Yes
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
Auto Trading Expert Advisors (EAs) on MetaTrader
Social Trading Yes
Trade Signals Yes
Inactivity Fee $0
Guaranteed Stop Loss No
Stock Exchanges
  • Australian Securities Exchange
  • CAC 40 Index France
  • DAX GER 40 Index
  • Dow Jones
  • Euronext
  • FTSE UK Index
  • Hang Seng
  • Japan Exchange Group
  • Nasdaq
  • National Stock Exchange Of India
  • S&P 500
  • Shenzhen Stock Exchange
  • Cocoa
  • Coffee
  • Copper
  • Cotton
  • Gasoline
  • Gold
  • Natural Gas
  • Oil
  • Orange Juice
  • Silver
  • Sugar

CFD Trading Details

FTSE Spread Floating
GBPUSD Spread Floating
Oil Spread Floating
Stocks Spread Floating
Leverage 1:500

Forex Trading Details

GBPUSD Spread Floating
EURUSD Spread Floating
EURGBP Spread Floating
Assets 45+

Cryptocurrency Trading Details

Crypto Spread Variable
Crypto Lending No
Crypto Staking No
Crypto Mining No
Crypto Auto Market Maker No
Crypto Coins
  • BCH
  • BTC
  • DSH
  • ETH
  • LTC
  • XRP

Top 3 Alternatives to Moneta Markets

Compare Moneta Markets with the top 3 similar brokers that accept traders from your location.

  1. IG Group – IG is an award-winning broker that has an excellent reputation globally. The brand-US offers spread betting, CFD and forex trading across a comprehensive suite of markets. IG is also multi-regulated, provides a great trading app and has 50 years experience.
    Go to IG Group
  2. Just2Trade – Just2Trade is a reliable multi-regulated broker registered with FINRA, NFA and CySEC. The company has 155,000 clients from 130 countries and stands out for its huge suite of instruments and additional features, including a social network, robo advisors and a funded trader programme.
    Go to Just2Trade
  3. Kwakol Markets – Kwakol Markets is a Nigerian headquartered broker with strong regulatory oversight in Australia and Canada. A great selection of asset classes are available, including synthetic products that simulate realistic market activity. Clients can trade on the MT4, MT5 and cTrader platforms, as well as a copy trading solution whereby a fee is only paid on profitable trades.
    Go to Kwakol Markets

Moneta Markets Comparison Table

Compare Moneta Markets With Similar Brokers
Moneta Markets IG Group Just2Trade Kwakol Markets
Rating 4.4 4.4 3.5 4.5
Markets CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto CFDs, Forex, Stocks, Indices, Commodities, ETFs, Futures, Options, Crypto, Spread Betting Stocks, ADRs, ETFs, Futures, Options, Commodities, Bonds CFDs, Forex, Stocks, Indices, Commodities, Crypto
Demo Account Yes Yes Yes Yes
Minimum Deposit $50 $0 $100 $1
Minimum Trade 0.01 Lots 0.01 Lots 0.01 Lots 0.01 Lots
Bonus 50% Cashback Bonus, Free VPS Up to $2,000 for professional accounts
Education No Yes No No
Platforms MT4, MT5, TradingView, TradingCentral MT4, AutoChartist, TradingCentral MT4, MT5, TradingCentral MT4, MT5, AutoChartist
Leverage 1:500 1:30 (Retail), 1:250 (Pro) 1:20 1:1000
Payment Methods 8 6 20 4
Visit Visit Visit Visit
Review IG Group
Kwakol Markets

Compare Trading Instruments

Compare the markets and instruments offered by Moneta Markets and its competitors. Please note, some markets may only be available via CFDs or other derivatives.

Compare Moneta Markets Trading Instruments
Moneta Markets IG Group Just2Trade Kwakol Markets
CFD Yes Yes Yes Yes
Forex Yes Yes Yes Yes
Stocks Yes Yes Yes Yes
Commodities Yes Yes Yes Yes
Oil Yes Yes Yes Yes
Gold Yes Yes Yes Yes
Copper Yes Yes No Yes
Silver Yes Yes Yes Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures Yes Yes Yes No
Options No Yes Yes No
ETFs Yes Yes Yes No
Bonds Yes Yes Yes No
Warrants No Yes No No
Spreadbetting No Yes No No
Volatility Index Yes Yes No No

Moneta Markets vs Other Brokers

Compare Moneta Markets with any other broker by selecting the other broker below.


Customer Reviews

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Moneta Markets is a regulated multi-asset broker offering an excellent suite of instruments spanning forex, stocks, indices, commodities, bonds, ETFs and crypto. There are no deposit fees and the minimum deposit is accessible at $50. The account opening process is also straightforward, taking just a few minutes to sign up and start trading. More than 70,000 traders have signed up with the ASIC, FSCA and FSA-regulated brokerage.


Is Moneta Markets Safe?

Yes, Moneta Markets is licensed broker-dealer with global regulation. It offers negative balance protection and segregated client funds.

What Payment Methods Are Available At Moneta Markets?

Moneta Markets offers several payment methods including bank wire transfers, Visa & MasterCard credit/debit cards, Sticpay, JCB, Fasapay and cryptocurrency. Other local methods may be available in your jurisdictions.

What Assets Can I Trade With Moneta Markets?

Moneta Markets retail clients can trade over 1000 instruments, including forex pairs, cryptocurrencies, global shares, indices, ETFs, and commodities.

What Is The Maximum Deposit Amount When Adding Funds To A Moneta Markets Trading Account?

There is a daily deposit cap of $10,000 AUD or equivalent currency per trading account at Moneta Markets.

Can I Open Multiple Trading Accounts With Moneta Markets?

Yes, you can open an additional trading account within the Moneta Markets platform by clicking on ‘Manage Accounts’.

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