Moneta Markets Review 2023

/ 5
Moneta Markets is #32 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.

- DayTrading Review Team

Moneta Markets is a regulated multi-asset broker offering an excellent suite of instruments spanning forex, stocks, indices, commodities, bonds and ETFs. There are no deposit fees and the minimum funding value is accessible at $50. The account opening process is also straightforward, taking just a few minutes to sign up and start trading.


Demo Account

Copy Trading

MetaTrader 4
MT4, MT5, TradingView, TradingCentral, DupliTrade
Forex, CFDs, indices, shares, commodities, ETFs, cryptocurrencies
50% deposit bonus
Bitcoin Payments, Wire Transfer, Credit Card, Visa, Mastercard
and 4 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.

Stocks Trading

Trade 635+ UK, US 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, forex, commodities, bonds 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 DupliTrade. Clients will need to deposit $2000 with the broker to hand pick and follow experienced traders. A simulator can also be used to test providers.

✓ Pros

  • Swap-free gold trading
  • Negative balance protection
  • ECN or STP account available
  • A good range of education and tools
  • Minimum deposit requirement from $50
  • Bonuses and financial incentives are accessible
  • Bespoke trading platform plus access to MT4 and TradingView

✗ Cons

  • Withdrawal fees apply
  • Some offshore regulation
  • Branded mobile app in development

Moneta Markets is a global forex and CFD broker. It offers multiple platforms, a deposit bonus deal, plus a range of analysis and trading tools. This review unpacks market opening times, payment methods, investor safety and more. Find out if you can trust Moneta Markets.

Read why you can trust reviews.

Company Details

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

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. Moneta Markets offers over 1000 instruments through its proprietary web-based platform and industry-renowned MT4 & MT5 terminals.

Trading Platforms

Pro Trader

Hosted by TradingView, the broker’s proprietary 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.

Moneta Markets Pro Trader
Pro Trader

MetaTrader 4 & MetaTrader 5

The broker has also introduced the MT4 and MT5 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 plus, downloadable alternative to Moneta Markets’ proprietary web-based solution.

Moneta Markets platform


Moneta Markets offers 1016 global instruments:

Spreads & Commission

Trading fees vary by account type and trading instrument. The broker offers the most competitive fees on its ECN account. Spreads are offered from 0.0 pips and are available alongside an average round-turn fee per lot on the majority of assets. For example, the EUR/GBP currency pair can be traded on an average spread of 0.36 pips with a commission of €5 per lot.

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

All share CFD commissions have recently 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.

Note, gold trading products are swap-free.

Moneta Markets Leverage

The maximum leverage available at Moneta Markets is 1:500. We outline this below by asset type:

Applying the highest leverage would mean a $100 deposit will provide traders with $50,000 in purchasing power. Although trading with significant leverage can increase profit prospects, it can also increase losses. Ensure you have appropriate risk management strategies in place.

Mobile Trading

MetaTrader 4 and MetaTrader 5 can be used on portable devices. The broker’s custom mobile app is also currently in development, with launch updates due in the coming months to replace the old version. We expect a powerful tool that facilitates convenient trading anywhere, at any time, alongside stability, simple navigation and fast execution speeds.

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.

Payment Methods

Moneta Markets has a minimum deposit requirement of $50 or equivalent currency. Available payments 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. We outline the details below:

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

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 only. Pro Trader can only be accessed in live mode. 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. When using the Moneta Markets platform, our demo profile expired after 30 days.

Moneta Markets Demo Account
Moneta Markets Demo Account Sign-Up

Bonuses & Promos

Moneta Markets offers a 50% deposit bonus for trading accounts funded with $500 or more. This bonus is available to both new and existing users by completing the opt-in form on the website. The offer can also be redeemed more than once. A new feature named the ‘rescue bonus’ permits retail clients access to a 25% financial reward. This is available to investors if a loss of more than 75% of an initial funding amount ($1000 or more) has incurred.

Traders should check the website and social media pages for any further deposit promos or deals. Remember to review the terms and conditions of financial incentives before exploring as unrealistic minimum thresholds and requirements may be set.

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. We outline these below:

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.

Note, services are not available in the following countries; Afghanistan, American Samoa, Albania, Australia, Belarus, Bermuda, Bosnia And Herzegovina, Bulgaria, Burma, Burundi, Central African Republic, Crimea, Croatia, Cuba, Cyprus, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Guam, Iran, Iraq, ISIL (Da’esh) & Al-Qaida & The Taliban, Italy, Ivory Coast, Japan, Liberia, Libya, Macedonia, Mali, Montenegro, Myanmar, North Korea, Puerto Rico, Republic of Guinea, Republic of Guinea-Bissau, Romania, Sierra Leone, Serbia, Sevastopol, Singapore, Slovenia, Somalia, South Sudan, Spain, Sudan, Syria, United States of America, United Kingdom, United States Virgin Islands, Venezuela, Yemen, and Zimbabwe.

Additional Features

Moneta Markets offers a few additional tools and features, including an economic calendar, forex calculators, plus a small selection of video tutorials. Daily in-house technical/fundamental trade ideas plus videos are also accessible to all clients. This includes a discussion of the latest market news and analysis. Traders who fund their accounts with $500 or more can access a larger selection of advanced tutorials with the Market Masters video course.

Moneta Markets economic calendar
Moneta Markets Economic Calendar

The broker also offers Duplitrade, a copy-trading service that requires a minimum account deposit of $2,000. ZuluTrade is also due to launch in the near future.

Alternatively, traders who fund their account with a minimum of $500 gain exclusive access to Trading Central (including a suite of MT4/MT5 indicators) within the client portal, which includes macro-economic news, live signals and market analysis.

Moneta Markets Duplitrade
Moneta Markets Duplitrade

The social trading platform, HokoCloud, is also available for free. It offers low-cost copy trading for beginners. Users can download the desktop or mobile application after signing up for a live trading account with Moneta Markets.

Moneta Markets Accounts

Moneta Markets offers two trading account options; Direct STP and Prime ECN. The accounts are free to open and there are no maintenance fees.

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.

Both profiles offer access to all instruments and platforms, plus access to leverage up to 1:500 and a minimum trade size of 0.01 lots:

Direct STP

Prime ECN

Ultra ECN

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’s 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.

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.

Customer Support

Multilingual support is provided 24 hours a day, 5 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.

Security & Safety

Our experts found limited information regarding trading security and safety. There are no details of personal data safeguarding. Nonetheless, 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 ensuring security settings such as two-factor authentication (2FA) or one-time passwords (OTP).

Moneta Markets Verdict

Moneta Markets offers high leverage, ECN or STP account types, decent trading tools, and a choice of platform. The introduction of MT4 and MT5 also means experienced traders have the advanced features they need to start investing. With that being said, the limited withdrawal options and lack of branded mobile platform need to be addressed.

Accepted Countries

Moneta Markets accepts traders from Thailand, Canada, 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 Afghanistan, American Samoa, Albania, Australia, Belarus, Bermuda, Bosnia And Herzegovina, Bulgaria, Burundi, Central African Republic, Croatia, Cuba, Cyprus, Congo DR, Eritrea, Guam, Iran, Iraq, Italy, Japan, Liberia, Libya, Macedonia, Mali, Montenegro, Myanmar, Korea, Puerto Rico, Papua New Guinea, Romania, Sierra Leone, Serbia, Singapore, Slovenia, Somalia, Sudan, Spain, Syria, United Kingdom, United States, United States Outlying Islands, Virgin Islands, U.S., Venezuela, Yemen, Zimbabwe.

Payment Methods

Moneta Markets Details

Minimum Trade 0.01 lots
Account Types
  • STP
  • ECN
  • PAMM
Islamic Account Yes
Mobile Apps iOS, Android + web trader
Margin Trading Yes
Volatility Index No
Spot Trading No
Perpetual Swaps No
AI / Machine Learning No
Robo Advisor No
P2P Trading No
Negative Balance Protection Yes
VPS Hosting No
Tournaments No
Demo Competitions No
Managed Accounts No
Market Maker No
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
  • Hang Seng
  • Nasdaq
  • National Stock Exchange Of India
  • Shenzhen Stock Exchange
  • Cocoa
  • Coffee
  • Copper
  • Cotton
  • Gasoline
  • Gold
  • Oil
  • Silver
  • Sugar

CFD Trading Details

FTSE Spread Floating
GBPUSD Spread Floating
Oil Spread Floating
Stocks Spread Floating
Leverage Up to 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

Compare Moneta Markets

Compare Moneta Markets with similar brokers that accept traders from your location. Among available brokers these are the most similar to Moneta Markets:

  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. – boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they offer a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.
    Go to
  3. Just2Trade – Just2Trade offer high-tech trading on stocks and options with some of the lowest prices in the industry.
    Go to Just2Trade

Moneta Markets Comparison Table

Compare Moneta Markets With Similar Brokers
Moneta Markets IG Group Just2Trade
Rating 4.4 4.4 4.5 3.5
Markets Forex, CFDs, indices, shares, commodities, ETFs, cryptocurrencies Forex, ETFs, CFDs, indices, shares, commodities, cryptocurrencies, options, futures, spread betting Forex, CFDs, Stocks, Indices, Commodities, Cryptos, Futures, Options Stocks, ADRs, ETFs, futures, options, commodities, bonds
Demo Account Yes Yes Yes Yes
Minimum Deposit $50 £250 $100 $100
Minimum Trade 0.01 lots 0.1 lots $1 0.01
Bonus 50% deposit bonus Up to $2,000 for professional accounts
Education No Yes Yes No
Platforms MT4, MT5, TradingView, TradingCentral, DupliTrade MT4, AutoChartist, TradingCentral MT4, MT5, TradingView, AutoChartist, TradingCentral MT4, MT5, TradingCentral
Leverage Up to 1:500 1:30 1:200 1:5 to 1:20
Payment Methods 9 6 8 20
Visit Visit Visit Visit
Review Moneta Markets
IG Group

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
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 No
Silver Yes Yes Yes Yes
Corn No No No No
Crypto Yes Yes Yes Yes
Futures No Yes Yes Yes
Options No Yes Yes Yes
ETFs Yes Yes No Yes
Bonds No Yes No Yes
Warrants No Yes No No
Spreadbetting No Yes No No
Volatility Index No Yes No No

Moneta Markets vs Other Brokers

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

Moneta Markets vs


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’.

Moneta Markets is a regulated multi-asset broker offering an excellent suite of instruments spanning forex, stocks, indices, commodities, bonds and ETFs. There are no deposit fees and the minimum funding value is accessible at $50. The account opening process is also straightforward, taking just a few minutes to sign up and start trading.