Moneta Markets Introduces New Index CFDs: SGP20 & TWINDEX

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James Barra
James is an investment writer with a background in financial services. He has worked as a management consultant, where he delivered large-scale operational transformational programmes at some of Europe's biggest banks. James authors, edits and fact-checks content for a series of investing websites.

Moneta Markets has expanded its suite of index CFDs with the Singapore 20 Index (SGP20) and Taiwan RIC Index (TWINDEX).

The broker now provides opportunities on three of the four ‘Asian Tigers’ – Singapore, Taiwan and Hong Kong – with South Korea being the fourth.

Key Takeaways

  • The SGP20 and TWINDEX are available on the Moneta Markets MT4 and MT5 trading platforms.
  • 1:50 leverage is available on both indices, amplifying trading results (profits and losses).
  • Moneta Markets now supports over two dozen index CFDs, including the Dow Jones, Dax and FTSE.

The latest index CFDs provide exposure to regions that have been at the centre of geopolitical pressures in recent times:

  • Singapore Index: Acts as a benchmark for the Singapore stock market and wider economy with a strong focus on the financial and industrial sectors among constituent companies.
  • Taiwan Index: Acts as a benchmark for the Taiwanese stock market and wider economy with a strong focus on technology and electronic component manufacturers among constituent companies.
Index CFDs on Moneta Markets
Moneta Markets – Index CFDs

About Moneta Markets

Moneta Markets is a growing broker, established in 2019 and authorized by the ASIC in Australia, the FSCA in South Africa and the FSA in Seychelles.

Alongside index CFDs, it offers short-term trading on over 1000 instruments; stocks, currencies, commodities, cryptos and ETFs.

Moneta Markets has also developed its own in-house platform and app, alongside the MetaTrader suite, catering to various preferences.

New traders open an account in three straightforward steps while the minimum deposit is $50.

Founded in 2019 and headquartered in Johannesburg, South Africa, Moneta Markets offers over 1000 instruments for short-term trading. New traders can choose between STP and ECN accounts while the smooth sign-up process has helped attract 70,000 registered traders.