Moneta Markets Review
Overall Rating
4.5 / 5
Fees
4.4 / 5
Safety
4.5 / 5
Platforms
4.5 / 5
Education
2.0 / 5
Min. deposit
$50
Moneta Markets — At a Glance
- Regulation
- FCA (United Kingdom), CMA (United Arab Emirates), FSCA (South Africa), FSC (Mauritius), FSA (Seychelles)
- Broker Type
- STP, ECN
- Minimum Deposit
- $50
- Payment Methods
- Bank Transfer, Debit Cards, Credit Cards, Cryptocurrency, Skrill, Neteller, UnionPay, FasaPay, Sticpay
- Account Currencies
- AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD, BRL
- Assets Offered
- Forex, CFDs
- Trading Platforms
- Mobile App, Web Platform, MetaTrader 4, MetaTrader 5
- Demo Account
- Yes
- Maximum Leverage
- 1:500 (FSA), 1:1000 (CMA), 1:500 (FSCA), 1:30 (FCA)
- Spread Type
- Variable
- Spread From
- Direct STP Account: Prime ECN Account: Ultra ECN Account:
- Commission
- Direct STP Account: No commission Prime ECN Account: $3 per lot per side Ultra ECN Account: $1 per lot per side
- Decimal Pricing
- 5 decimals
- Minimum Lot Size
- 0.01
- Maximum Lot Size
- 100
- Swap Free Account
- Yes
- Managed Account
- Yes
- PAMM / MAM Trading
- Yes
- Joint Account
- Yes
- Social / Copy Trading
- Yes
- Hedging
- Yes
- Scalping
- Yes
- One Click Trading
- Yes
- OCO Orders
- Yes
- Trailing Stop Loss
- Yes
- API Access
- No
- VPS Hosting
- Yes
- Bonuses
- Yes
- Contests
- No
- Headquarters
- Suite B402, The Opus Tower, Business Bay, Dubai, UAE.
- International Offices
- United Arab Emirates, Hong Kong, Indonesia, Brazil, South Africa, Mauritius, Taiwan, Vietnam
- Languages
- English, Russian, Czech, German, Malay, Spanish, Indonesian, French, Thai, Arabic, Vietnamese, Korean, Portuguese, Japanese, Italian, Mandarin
- Customer Support
- Live Chat, Email, Phone
Pros & Cons
Pros
- +Strong regulatory oversight.
- +Segregated client funds.
- +Negative balance protection.
- +Wide range of global market access through CFDs.
- +Fast and simple account setup process.
- +Low minimum deposit.
- +Free demo account available.
- +Multiple account types for different trading styles (STP, ECN, Ultra).
- +Multiple fast and secure payment methods.
- +Wide range of account currencies.
- +Islamic swap-free accounts available.
- +Low forex and CFD trading fees.
- +No deposit or withdrawal fee for most payment methods.
- +No account inactivity fees.
- +High leverage trading capability (up to 1:1000 in some regions).
- +Outstanding research tools & market analysis.
- +Solid educational resources for all traders through 'Market Masters'.
- +Supports MetaTrader 4 and 5 integration.
- +Free VPS available for automated trading.
- +No restrictions on trading strategies.
- +Integrated social, copy, and PAMM trading features.
- +Great customer support service.
Cons
- −Product offering is limited to forex and CFDs.
- −No TradingView or cTrader integration.
- −High minimum deposit for Ultra ECN account (from $20,000)
- −Educational materials are available to clients with account balances of $500 or more.