The Moneta Markets does offer a Demo Account. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
Moneta Markets at a Glance
| 🔎 Broker's Name | Moneta Markets |
| 📍 Headquartered | Cayman Islands |
| 📅 Year Founded | 2020 |
| ⚖️ Regulating Authorities | CIMA |
| 🌐 Countries not accepted for trade | Afghanistan, Australia, Belarus, Belgium, Malaysia, Burundi, Canada, Central African Republic, Congo DR, Egypt, Eritrea, France, Iran, Iraq, Lebanon, Japan, Libya, Mali, Korea, Guinea-Bissau, Russian Federation, Somalia, Sudan, Syria, Tunisia, Ukraine, United States, Venezuela, Yemen, Zimbabwe |
| ☪️ Islamic account (swap-free) | Yes |
| 👍 Demo Account | Yes |
| 📊 Institutional Accounts | No |
| 📊 Managed Accounts | Yes |
| 📈 Maximum Leverage | 1:500 |
| 💰 Minimum Deposit | $200 / R3 627,32 |
| 💳 Deposit Options | International wire transfer Credit/debit card (Visa & Mastercard) Bitcoin FasaPay Sticpay JCB |
| 💳 Withdrawal Options | International wire transfer Credit/debit card (Visa & Mastercard) Bitcoin FasaPay Sticpay JCB |
| 💻 Platform Types | MetaTrader 4, MetaTrader 5, WebTrader |
| 📱 OS Compatibility | Windows, Mobile, Web, iPhone, iPad |
| 📈 Tradable assets offered | Forex, shares, commodities, indices, metals and energy |
| 👨💼 Languages supported on Website | English, French, Italian, Spanish, Vietnamese, Portuguese, Chinese, Indonesian, Arabic, Malaysian, Japanese, Korean |
| 👥 Customer Support Languages | English, French, Italian, Spanish, Vietnamese, Portuguese, Chinese, Indonesian, Arabic, Malaysian, Japanese, Korean |
| 📆 Customer Service Hours | 24/5 |
| 🚀 Open an Account | 👉 Open Account |
Min Deposit
USD 200
Regulators
CIMA
Trading Platform
MT4, MT5, WebTrader
Crypto
No
Total Pairs
49
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Moneta Markets Demo account – 8 key points quick overview:
Moneta Markets at a Glance- Moneta Markets Demo account – 8 key points quick overview:
- How to set up a Moneta Markets Demo Account – Step by Step
- Moneta Markets Demo Account Features
- Moneta Markets Customer Reviews
- Moneta Markets Pros and Cons
- Conclusion
- Frequently Asked Questions
How to set up a Moneta Markets Demo Account – Step by Step
A free demo account can be opened with Moneta Markets by using the following steps:
Step 1 – Open Your Account
-
- Navigate to the Moneta Markets homepage
- Click on the demo account button on the top right of the page
- Step 2 – Fill out the form
-
- Complete the simple online registration form. Provide your full name, email address, and phone number, and create a password for your demo account
- Read and accept the terms and conditions
- Click “Start Trading” to immediately launch your demo account
A forex demo account is also referred to as a practice account, which is used for practicing trading or to test a new trading strategy without any risk to actual money.
A forex demo account is also intended for beginners to get familiar with the various aspects of trading.
As such, a demo account will allow traders to learn how to place orders, and manage existing trade positions as well as more advanced functions such as testing or fine-tuning a trading strategy.
If you are new to trading, then it is highly recommended that you first open a forex demo account until you are comfortable with both your trading strategy as well as the intended trading platform itself.
Min Deposit
USD 200
Regulators
CIMA
Trading Platform
MT4, MT5, WebTrader
Crypto
No
Total Pairs
49
Islamic Account
Yes
Trading Fees
Low
Account Activation
24 Hours
Moneta Markets Demo Account Features
The free demo account from Moneta Markets will give users access to 300+ Currencies, Indices, Commodities, and Share CFDs on both Moneta STP and ECN account with spreads from 0.0 pips.
Traders will be able to test out the features of the MetaTrader 4 and MetaTrader 5 platforms, and the account is funded with virtual currency to enjoy risk-free test trading in live market conditions.
Moneta Markets Customer Reviews
Awesome to trade with,
I made my first withdrawal with Moneta Markets via Bank wire Transfer and I am so happy because the withdrawal is so fast it takes only one Day. And it is reflected in my bank Account I’m so Inspired to do more trading so that soon I can withdraw Again.
Thank you so much Moneta group for the great service you made to your client.
Let’s make this brand bigger.
God bless us all.
Very efficient withdrawal
Very efficient withdrawal
I had traded at this broker for almost half a year, and most of the withdrawal requests were processed within one day, and funds were back to the bank account about 2 days by wire.
A very low margin require for indices and oil with a reasonable spread, recommend this broker if you trade in those markets
Perfect! Nice broker!
Dedicated account manager service is excellent, the spread is low, and a wide range of products. Perfect! Nice broker!
Moneta Markets Pros and Cons
| ✔️ Pros | ❌ Cons |
| Easy demo account opening process | |
| Access to full account features on a demo account |
Conclusion
The Moneta Markets does offer a Demo Account. The Demo account interface is ideal for traders who want to learn to trade without incurring any trading risks or losses.
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Frequently Asked Questions
Can traders from South Africa open a Moneta Markets demo account?
Moneta Markets also operates in South African markets, and one can easily open an account if one chooses to trade with Moneta. However, it doesn’t allow you to open an account in ZAR.
Is Moneta Markets a good option for beginner traders?
An excellent web and mobile trading platform; low fees; great educational tools; good customer service; an easy account opening process; low minimum deposit make Moneta Markets a good option for beginner traders.
For how long is the demo account valid?
Each Moneta Markets demo account lasts for 30 days before your login will expire. Traders are encouraged to demo trade until they are comfortable with both the Moneta Markets WebTrader platform as well as their own trading strategy.
Is the Moneta Markets demo account rigged?
Moneta Markets demo accounts are not rigged
Is the Moneta Markets demo account the same as a real account?
The demo account is an imitation but not the same as the live trading account with money risks.
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