All Share (J203) = 89 817
Rand / Dollar = 18.15
Rand / Pound = 23.50
Rand / Euro = 19.54
Gold (usd/oz) = 3 073.18
Platinum (usd/oz) = 986.71
Brent (usd/barrel) = 73.25
Trade +10,000 CFDs with Tight Raw Spreads. – Trade Now!

Moneta Markets Review

 

A review about Moneta
 

Overall Moneta Markets is a trustworthy and low-risk broker with an overall rating of 6 out of 10. FXOpen is authorized and regulated by CIMA and offers leverage up to 1:500.

 

Moneta Markets at a Glance

 

🔎 Broker's NameMoneta Markets
📍 HeadquarteredCayman Islands
📅 Year Founded2020
⚖️ Regulating AuthoritiesCIMA
🌐 Countries not accepted for tradeAfghanistan, 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 AccountYes
📊 Institutional AccountsNo
📊 Managed AccountsYes
📈 Maximum Leverage1:500
💰 Minimum Deposit$200 / R3 627,32
💳 Deposit OptionsInternational wire transfer
Credit/debit card (Visa & Mastercard)
Bitcoin
FasaPay
Sticpay
JCB
💳 Withdrawal OptionsInternational wire transfer
Credit/debit card (Visa & Mastercard)
Bitcoin
FasaPay
Sticpay
JCB
💻 Platform TypesMetaTrader 4, MetaTrader 5, WebTrader
📱 OS CompatibilityWindows, Mobile, Web, iPhone, iPad
📈 Tradable assets offered Forex, shares, commodities, indices, metals and energy
👨‍💼 Languages supported on WebsiteEnglish, French, Italian, Spanish, Vietnamese, Portuguese, Chinese, Indonesian, Arabic, Malaysian, Japanese, Korean
👥 Customer Support LanguagesEnglish, French, Italian, Spanish, Vietnamese, Portuguese, Chinese, Indonesian, Arabic, Malaysian, Japanese, Korean
📆 Customer Service Hours24/5
🚀 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 Review – 21 key points quick overview:

 

  1. Moneta Markets Overview
  2. Moneta Markets Safety and Security
  3. Moneta Markets Sign-up Bonus
  4. Moneta Markets Minimum Deposit
  5. Moneta Markets Step by step guide to depositing the minimum amount
  6. Moneta Markets Account Types
  7. Moneta Markets Account Features
  8. Moneta Markets Demo Account step by step
  9. Moneta Markets Islamic Account
  10. Moneta Markets Trading Platforms
  11. Moneta Markets Fees and Spreads
  12. Moneta Markets Deposit and Withdrawal
  13. Moneta Markets Current Popularity Trend
  14. Moneta Markets Best Countries by Traders
  15. Moneta Markets vs Etoro vs XM – Comparison Table
  16. Moneta Markets Customer Reviews
  17. Moneta Markets Pros and Cons
  18. Conclusion
  19. Disclaimer
  20. Risk Management
  21. Frequently Asked Questions

 

Moneta Markets Overview

 

 Moneta Markets Overview

 

According to research in South Africa, Moneta Markets is an online trading broker which was established in 2025 and is based in the Cayman Islands.

 

Moneta Markets is a provider of more than 300 financial instruments which can be traded through its proprietary web- and mobile trading platforms.

 

Moneta Markets is a subsidiary of Vantage International Group Limited (VIG) which offers more than 10 years of experience as a specialist in the financial markets.

Vantage International Group Limited was established in 2009 and has licenses in three different jurisdictions. The entity handles around $100 billion in trading volumes monthly.

 

In its vision to pursue easy and transparent market access for worldwide retail clients, Vantage International Group Limited established Moneta Markets.

 

This broker aims to provide traders worldwide with award-winning services. Moneta Markets has been recognized for delivering the most advanced web-based CFD trading platform in addition to offering the best customer service.

 

 

Moneta Markets Safety and Security

 

Moneta Markets Safety and Security

 

When choosing a broker, one of the benchmarks against which to measure safety and client fund safety and security, is to establish which regulating authorities oversee the operations of the broker.

 

As a trademark of Vantage International Group Limited, Moneta Markets has regulation and authorization through its parent company.

 

Vantage International Group Limited is regulated and authorized by the Cayman Islands Monetary Authority, or CIMA, and Securities Investment Business Law, SIBL, under the number 1383491.

 

In addition, Vantage which trades under Vantage FX is strictly regulated and overseen by the Australian Securities and Investments Commission, ASIC, under the number AFSL no. 428901.

 

Vantage is both authorized and regulated by one of the strictest regulatory entities namely the Financial Conduct Authority, or FCA, under the number FRN: 590299.

 

Moneta Markets Sign-up Bonus

 

Moneta Markets Sign-up Bonus

 

 

Clients who register for a real account with Moneta Markets will receive a welcome bonus. This is offered as a 50% deposit bonus to all new traders. This bonus is awarded to traders who fund their accounts with a deposit of $500 / R7 840  or more.

 

Once an account has been opened with a Forex broker, clients will have access to trading of currency pairs, and will therefore have to incur some expense for this trading. The bonus is just a way for the broker to reward the trader’s choice and give all or some of these expenses back to the trader.

 

New traders should note however that bonuses are not available on demo accounts, though many brokers do offer the opportunity to sign up for a free demo contest, with prizes available.

 

Moneta Markets Minimum Deposit

 

Moneta Markets Minimum Deposit

 

The minimum deposit amount required in order to open a broker account with Moneta Markets is $50 / R800 This is a very affordable minimum deposit when compared to most other brokers in the industry, and should present a low barrier of entry to new traders.

 

Moneta Markets Step by step guide to depositing the minimum amount

 

📍Deposits can be made with Moneta Markets using the following steps:

 

🔴Step 1 – Log in

  • Log in to your Moneta Markets WebTrader platform.
  • After this, you select one of the deposit methods the broker supports, enter the deposit amount and make the deposit.

 

Moneta Markets Step by step guide to depositing the minimum amount step 1

 

🔴Step 2 –Make the deposit

  • Click ‘Deposit on the top right of your window.
  • Confirm the amount you wish to deposit
  • Provide your banking details and submit your deposit details to be processed by the Moneta Markets accounts department

 

Moneta Markets Step by step guide to depositing the minimum amount step 2

 

🔴Step 3 – Review your transaction

  • Choose your preferred payment option and fund your account.  Depending on the method you chose, it might take a couple of days for your deposit to show up on your brokerage account. When it happens, the brokers usually send you an email to confirm the receipt of the deposit.

 

Moneta Markets Step by step guide to depositing the minimum amount step 3

 

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 Account Types

 

Moneta Markets  Types of Accounts and Features

 

Moneta Markets offers live STP and ECN trading accounts. These consist of the Moneta STP, Moneta ECN, and Moneta Prime accounts.

 

An Islamic, swap-free account is also available from Moneta Markets for traders of the Muslim faith. The Islamic Account can be opened for any of the above swap-rated accounts.

 

Prospective traders can use a free demo account from Moneta Markets to test trade the broker’s features and trading conditions before signing up for a live account.

 

To open a Moneta Markets live trading account, click the green ‘Sign Up button at the top right-hand corner of every page. Complete the application, and provide the required documentation for proof of identity, and once approved, your new account details will be emailed to you.

 

The online application required for a live Moneta Markets trading account is fast and easy to complete and generally takes just a few minutes.

 

If your country of residence is eligible for online verification, your account will be opened instantly, and you can deposit funds to start trading.

 

If you are required to submit the accompanying required proof of identity documentation manually, your account will generally be set up for funding and live trading within 24 hours.

 

To open a live CFD trading account, Moneta Markets’ AML and CTFA regulations require 100 points of proof of identity documentation to be submitted alongside your application.

 

Using a smartphone, digital camera, or scanner, simply upload a clear picture of the required documents or email them to accounts@monetamarkets.com. Also, note that you will still be required to submit your Proof of Address documentation prior to any withdrawal requests.

 

There are ZERO account opening or maintenance fees on all Moneta Markets live CFD trading accounts. This ensures that you can fund and trade your capital at your own pace with no pressure from Moneta Markets.

 

Moneta Markets Account Features

 

Moneta Markets Account Features

 

🔎 Moneta STP Account

 

💻 PlatformMetaTrader 4, MetaTrader 5, WebTrader
🆓 Demo accountYes
💰 Minimum Deposit $10,000/R161 35
🎉Execution Type: STP
📈 LeverageUp to 500:1
📊 Minimum Volume0.01 Lot
📌 Spreads 0.4 Pips
💳 Commission$0
📈 Range of Markets
44 FX Pairs.
16 Indices,
19 Commodities,
226 Share CFDs
🚀 Open an Account👉 Click Here

 

Moneta Markets Account Features

 

🔎 Moneta PRIME ECN Account

 

💻 PlatformMetaTrader 4, MetaTrader 5, WebTrader
🆓 Demo accountYes
💰 Minimum Deposit $10,000/R161 35
🎉Execution Type: STP
📈 LeverageUp to 500:1
📊 Minimum Volume0.01 Lot
📌 Spreads 0.4 Pips
💳 Commission$0
📈 Range of Markets
44 FX Pairs.
16 Indices,
19 Commodities,
226 Share CFDs
🚀 Open an Account👉 Click Here

 

Moneta Markets Demo Account step by step

 

 

The free demo account from Moneta Markets will give users access to 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.

 

The demo account allows users to trade 300+ Currencies, Indices, Commodities, and Share CFDs on both Moneta STP and ECN accounts with spreads from 0.0 pips.

 

📍 A demo account can be opened easily by using the following simple 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

 

How to set up a Moneta Markets Demo Account – Step by Step step 1

  • 🔴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

 

How to set up a Moneta Markets Demo Account – Step by Step step 2

 

How to set up a Moneta Markets Demo Account – Step by Step step 2

 

How to set up a Moneta Markets Demo Account – Step by Step step 2

 

Moneta Markets Islamic Account

 

Moneta Markets Islamic Account

 

The Islamic Account from Moneta Markets will have the same conditions as the swap-rated account for which you have created the Islamic Account version.

 

Prospective Islamic Account clients should bear in mind that Moneta Markets reserves the right to refuse the processing of a request for a Swap-Free account, without the obligation to provide justification or explanation.

 

Added, to this, Moneta Markets reserves the right to revoke the Swap-Free status granted to any standard account at any time, at its sole discretion without obligation to provide justification or explanation.

 

📍 Opening an Islamic Account with Moneta Markets is a fully digital process that will consist of the following steps:

 

🔴Step 1 – Open Your Account

  • Open and fund a new Moneta Markets trading account

 

Moneta Markets Islamic Account step by step 1

 

🔴Step 2 – Fill out the form

  • Before you place any trades, complete the swap-free form
  • Once your swap-free account is activated, log in and start trading

 

Moneta Markets Islamic Account step by step 2

 

Also known as ‘no swap accounts’, Islamic trading accounts allow Muslims to engage in online forex trading in compliance with Sharia law.

 

With 25% of the world’s population practicing the Islamic faith, Islamic forex trading has continued to gain popularity worldwide.

 

Essentially, an Islamic forex trading account charges no swap or rollover interest on positions held overnight in the forex market. An administration fee is, however, charged on some accounts to open positions.

 

📍The Islamic Account from Moneta Markets will give traders access to the following account conditions:

➡️ Access to MetaTrader 4 and Moneta Markets’ proprietary trading platform

➡️ Encrypted account security

➡️ Easy to use for beginners and professionals alike

➡️ Unlimited and powerful charts enabled to allow for in-depth market analysis

➡️ Prices are not rerouted but come directly from the market

➡️ No order limits the width to limit/reverse limit

➡️ Stable trading environment

 

Moneta Markets Trading Platforms

 

Moneta Markets Trading  Platforms

 

A trading platform is a type of software that is used through which trading can be executed. Each broker has its own preference in which platforms it supports and often brokers offer the use of their own proprietary trading platforms.

 

Moneta Markets supplies its own proprietary trading platform which can be used either on web browsers or mobile devices running iOS or Android operating systems.

 

The trading platform provides traders with flexible access to global financial markets. The web-based platform does not require a download or installation and traders can easily trade more than 300 financial instruments using this platform.

 

There is an intuitive and user-friendly interface that is fully customizable to suit the trading needs and objectives of various traders.

 

Moneta Markets Fees and Spreads

 

Moneta Markets  Cost and Fees, Commissions and Spreads

 

📍Traders with Moneta Markets can expect the following spread list:

➡️  Spreads with Moneta Markets are very competitive, particularly on the ECN Account, where spreads start at 0.0 pips on major currency pairs, making this an especially attractive offer to active traders.

➡️ Commissions are also competitive and are charged at $3 commission per lot per side. All in all, Moneta Markets provides an excellent pricing offer.

 

Moneta Markets Deposit and Withdrawal

 

Moneta Markets Deposit and Withdrawal

 

When evaluating brokers, the ease with which deposits and withdrawals can be made is another imperative factor to consider.

 

Regulation plays a key part where client funds are concerned as funds that are kept in segregated accounts must be available for withdrawal at any given time when a request is made by the trader and subsequent owner of the trading account.

 

📍The minimum deposit to register an account is $200 and traders can use the following payment methods to make deposits or withdrawals:

 

💳 Swift Wire Transfer/International EFT

💳 Credit/Debit Cards (Visa and MasterCard)

💳 FasaPay

💳 JCB

💳 Skrill

💳 Bitcoin, and

💳 Sticpay

 

Moneta Markets Current Popularity Trend

 

As According to Google Trends, here is an overview of how frequently the search term – “Moneta Markets” is entered into Google’s search engine over a given period of time.

 

Moneta Markets Current Popularity Trend

 

Moneta Markets Best Countries by Traders

 

🌎 Country of Trade📌 % of Traders
🥇Turkey23.00%
🥈Brazil12.33%
🥉Tunisia11.90%
🥈Indonsia6.94%
🥈France5.31%

 

Moneta Markets Best Countries by Traders

 

Moneta Markets vs Etoro vs XM – Comparison Table

 

🔎 Broker🥇Moneta Markets🥈 eToro🥉 XM
💰 Minimum Deposit$200 / R3 627,32$1000 USD$5 USD
📝 Sign-Up Bonus☑️ Yes☑️ Yes☑️ Yes
➕ Max. Leverage1:5001:4001:888
💵 Currency Pairs494757
🚀 Open an Account👉 Click Here👉 Click Here👉 Click Here

 

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.

IronFX Trustpilot

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

IronFX Trustpilot

Perfect! Nice broker!

Dedicated account manager service is excellent, the spread is low, and a wide range of products. Perfect! Nice broker!

IronFX Trustpilot

Moneta Markets Pros and Cons

 

✔️ Pros❌ Cons
Strictly regulatedUS Clients are not accepted
Offers more than 300 tradable financial instrumentsMetaTrader trading platforms are not offered
Segregated client funds which are held with the National Australia BankDemo accounts are only valid for 30-days after which they expire
A proprietary trading platform offered
Exclusive trading tools provided
Education provided
Commission-free trading offered
A variety of account base currencies supported

 

Conclusion

 

Overall, Moneta Markets can be summarised as a credible and trustworthy broker and is considered an average risk with competitive trading fees and spreads. Moneta Markets has an overall trust score of 83 out of 99. Moneta Markets is a new brand under parent company Vantage Group, which offers traders the MetaTrader suite of platforms as well as a basic web and mobile app.

 

Disclaimer

 

Moneta Markets warns potential customers that Forex and CFDs trading carries a high risk and may not be suitable for all investors.

Before deciding to trade with Moneta Markets, potential traders are advised to carefully consider their investment objectives, financial situation, needs, and level of experience before investing money they cannot afford to lose.

Moneta Markets warns that margin trading involves the potential for profit as well as the risk of loss.

Movements in the price of foreign exchange and commodities are very unpredictable, hence Moneta Markets cannot guarantee a maximum loss that a trader may suffer, according to research in South Africa.

 

You might also like: Moneta Markets Account Types

You might also like: Moneta Markets Demo Account

You might also like: Moneta-Markets-Islamic-account

You might also like: Moneta Markets Fees and Spreads

You might also like: Moneta Markets Minimum Deposit

You might also like: Moneta Markets Sign up Bonus

 

Risk Management

 

Moneta Markets is a financial services company that offers risk management solutions to clients. Risk management refers to the process of identifying, assessing, and controlling threats to an organization’s capital and earnings.

 

In the context of financial markets, this can involve a variety of activities such as portfolio diversification, hedging, and monitoring market conditions to minimize exposure to market volatility and potential losses.

 

Moneta Markets may provide clients with tools and services to help them manage risk in their financial investments, such as portfolio risk analysis, market data and news, and risk management tools and strategies.

 

Frequently Asked Questions

 

What are the advantages of trading with Moneta Markets?

  • Beginner-friendly all-in-one trading platform
  • Good range of education and tools
  • Funds segregated at NAB
  • No download required
  • 50% deposit bonus
  • ECN account

 

Which platforms are supported by Moneta Markets?

Moneta Markets offers the use of its own proprietary web-based and mobile trading platform.

 

What type of broker is Moneta Markets?

Moneta Markets is a Cayman Islands-regulated broker that is backed by its larger parent company Vantage Group

 

Is Moneta Markets a fake or a scam?

Moneta Markets are showing a license from VFSC in Vanuatu and there are those who consider the broker to be a scam.

 

What is the overall rating out of 10 for Moneta Markets?

The overall rating is 6/10.

 

There are no reviews yet. Be the first one to write one.


5/5 - (1 vote)

Written by:

Louis Schoeman

Edited by:

Skerdian Meta

Fact checked by:

Arslan Butt

Updated:

February 7, 2023

Written by:

Louis Schoeman

Featured SA Shares Writer and Forex Analyst.

I am an expert in brokerage safety, adept at spotting scam brokers in mere seconds. My guidance, rooted in my firsthand experience with brokers and an in-depth understanding of the regulatory framework, has safeguarded hundreds of users from fraudulent brokerage activities.

Edited by:

Skerdian Meta

Leading Analyst

Skerdian Meta FXL’s Heading Analyst is a professional Forex trader and market analyst and has been actively engaged in market analysis for the past 10 years. Before becoming our leading analyst, Skerdian served as a trader and market analyst at Saxo Bank’s local branch, Aksioner, the forex division and traded small investor’s funds for two years.

Fact checked by:

Arslan Butt

Commodities & Indices Analyst

Arslan Butt, a financial expert with an MBA in Behavioral Finance, leads commodities and indices analysis. His experience as a senior analyst and market knowledge (including day trading) fuel his insightful work on cryptocurrency and forex markets, published in respected outlets like ForexCrunch.

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