Moneta Markets is an online financial services provider that was established in 2009 as a subsidiary of Vantage International Group Limited (VIG); it is licensed in 3 jurisdictions and handles an average monthly trading volume in excess of $100 billion. The broker offers its global clientele access to trade over 300 financial instruments across different asset classes, such as forex, indices, commodities, cryptocurrencies, and more via its next-generation WebTrader platform. They provide a range of useful trading tools and educational resources and allow leverage of up to 1:500, but the least deposit required to operate an account is $200.
Moneta Markets’ goal is to provide award-winning service for traders across the globe and has been recognized by M&A Today for offering the “Most Advanced Web-based CFD Trading Platform.” They also won the “Best Customer Support” in CV Magazine’s Corporate Excellence Awards.
Moneta Markets Review Introduction
In this Moneta Markets review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including Moneta Markets.
Moneta Markets Platforms & Tools
The broker provides traders with the Moneta Markets trading platform; it offers quick and flexible access to the global financial markets with an intuitive interface that is user-friendly and fully customizable to suit your individual trading needs. The platform is available as a WebTrader, which runs directly on most modern web browsers without the need to download or install any additional software. There is also the mobile app version for iOS and Android devices, which can be useful for those who wish to trade while on the move.
Moneta Markets clients get access to an exclusive set of trading tools to gain an insight into what is moving the global markets. They include Market Sentiment, Economic Calendar, Daily Technical Analysis, Featured Ideas, Market Buzz, and Forex Calculators.
Moneta Markets Research & Education
Moneta Markets provides a good selection of educational resources that are aimed at improving your trading skills and knowledge. They include forex trading courses, video tutorials, market news, and a FAQ section that covers some of the most commonly asked questions.
Moneta Markets Trading Accounts
The broker offers a standard CFD account to all clients with zero account opening or maintenance fees. There is no commission charged on trades which does mean there is a spread mark-up. The minimum deposit required is $200 whereas flexible leverage of up to 1:500 is available. The broker also offers demo accounts for practice purposes.
Moneta Markets Account Funding
The broker allows traders to deposit and withdraw funds to and from their trading accounts using a variety of payment methods, such as bank wire, credit/debit wire card, and online payment systems (PayPal, Neteller, and Skrill).
The payment options available to you may vary depending on your account’s base currency and your jurisdiction, while the time taken to process transactions depends on the payment method used.
Moneta Markets Customer Service
Moneta Markets has a dedicated, multilingual support team that is available to provide you with an exceptional level of customer service and technical support, 24/5. They can be reached via telephone, email, and Live Chat.
Moneta Markets Regulation
Moneta Markets is a trademark of Vantage International Group Limited. The Vantage Group of companies is authorized and regulated in multiple jurisdictions as follows:
- Vantage International Group Limited, trading under Vantage FX, is authorized and regulated by the Cayman Islands Monetary Authority (CIMA), Securities Investment Business Law (SIBL) number 1383491.
- Vantage Global Prime Pty Ltd, trading under Vantage FX, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 428901.
- Vantage Global Prime LLP is authorized and regulated by the Financial Conduct Authority, FRN: 590299.
Moneta Markets Review Summary
Overall, Moneta Markets is a multi-regulated brokerage that offers a variety of trading instruments across multiple asset classes via a user-friendly trading platform. The broker provides clients with a good range of trading tools and educational materials and accepts multiple funding options while offering 24/5 customer support.
It is worth mentioning that some of the trading products and services in this Moneta Markets review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the Moneta Markets broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.