Moneta Markets is a leading online financial services provider that was established way back in 2009 who have since grown into one of the most well respected forex brokerages. They are a top forex and CFD broker that are licensed in multiple jurisdictions and have the technology in place to handle an impressive average monthly trading volume in excess of $100 billion.
The broker offers its global clientele access to trade an excellent selection of over 1,000+ financial instruments via professional trading platforms across different asset classes, such as forex, indices, commodities, share CFDs, ETFs and Bonds.
You get very favourable trading conditions including prime ECN spreads on forex currency pairs starting from as low as 0.0 pips, low commission fees and quick trade execution speeds at the best available prices. The minimum deposit to start trading is only $50 whilst they offer high leverage that goes all the way up to 1:1000 depending on the instrument being traded.
In addition to this, Moneta Markets also provide a range of powerful trading tools to help you make informed trade decision along with premium educational resources for beginners to improve their knowledge of the markets and to keep you up to speed with what is happening around the global markets.
Moneta Markets’ goal is to provide award-winning service for traders across the globe and this has been recognized by the numerous awards that they have won over the years. Read on to find out more about them along with the top-class trading products and services that they provide.
Moneta Markets Platforms & Tools
You can get fast and easy market access with the Moneta Markets PRO Trader platform, powered by TradingView. Alternatively, you can trade on the industry standard MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. With these 2 options, you have everything you need to analyse the markets, place and manage trades from all of your devices.
Moneta Markets Pro Trader
The Moneta Markets Pro Trader platform 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.
On this modern and easy to navigate platform, you will find hundreds of the most popular indicators and a wide range of drawing and technical analysis tools including trendlines, Fibonacci retracements and chart patterns to help ensure you can make informed trading decisions. The platform is powered by the industry leading TradingView charting software featuring over 20 chart layouts, light and dark mode, and a range of customisable modules and chart types. Whatever your trading style, the Monet Markets Pro Trader platform can be tailored visually to suit your taste and has everything you need to trade the markets with precision.
MetaTrader 4
If you already have some trading experience, chances are that you have heard of are tried the MetaTrader 4 (MT4) platform from MetaQuotes. There is a reason it is one of the most widely used forex and CFD trading platforms by traders of all experience levels. It has a quick learning curve which makes it a top choice amongst beginners, whilst it has plenty of functionality and features to satisfy the needs of even the most demanding of traders.
Traders of all levels can trade 1000+ global markets on the award-winning MT4 platform. When you trade with the Moneta Markets MT4 platform, you’re trading on the world’s most popular forex trading platform with excellent trading conditions and robust performance. You will find a huge collection of technical indicators and drawing tools for conducting in-depth market analysis along with expert advisors for automating your trading strategies.
Moneta Markets offer Alpha Generation for the MT4 platform which can give you actionable trade ideas. Alpha Generation offers traders of all types three advanced trading indicators to help identify new trade setups, with potential entry/exit points on the powerful MT4 platform. Simply open a live account, fund it with $500 or more, and email support to request your access to Alpha Generation.
MetaTrader 5
The MT5 platform is very similar to MT4, with some added features and functionality that give you more options when it comes to analysing the markets and building your trading strategies. This includes more chart timeframes and additional technical indicators along with a multi-currency strategy tester to backtest your trading strategies on historical market data.
Trading Tools
Moneta Markets clients get access to an exclusive set of professional 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, Live Trading Signals and Forex Calculators. This are very handy for planning your trading strategies and analysing the markets with efficiency to spot potential buy and sell signals.
ZuluTrade
You can diversify your trading portfolio via ZuluTrade integration. When you connect your Moneta Markets account to ZuluTrade, the world’s largest social trading platform, you are gaining access to a pool of professional traders and their trading systems.
To build your portfolio, simply choose the traders that you wish to follow and start diversifying your risk around multiple trading strategies. Then, all positions from the traders you follow will be placed automatically on your Moneta Markets trading account.
DupliTrade
By partnering with DupliTrade, all Moneta Markets’ clients can automatically duplicate the trades of a portfolio of proprietary traders. Simply choose the traders that you want to follow based on your preferred instruments, trading method, and trading style, and their trades will automatically be duplicated in your Moneta Markets MT4 and PRO Trader platforms.
Free VPS
To keep your MetaTrader platform running 24 hours a day so you don’t miss a trade, they have partnered with HokoCloud to provide the fastest and most stable, automated VPS solution, perfect for serious traders. If you fund your trading account with at least $500 and trade a minimum of 5 FX lots a month or more, you can get a Moneta Markets VPS with HokoCloud. This can be ideal for those of you who need to run automated trading systems around the clock.
Moneta Markets Trading Instruments
Moneta Markets have a fantastic range of financial instruments that you can trade across multiple asset classes. Take advantage of some of the industry’s lowest trading costs across 1000+ of the most liquid Currencies, Indices, Commodities, Share CFDs and more with razor-sharp spreads from 0.0 pips. Whatever your interests, there is something for everyone to trade.
Moneta Markets Research & Education
Moneta Markets provides a great selection of educational resources that are aimed at improving your trading skills and knowledge. They include forex trading courses, video tutorials, market news, and an FAQ section that covers some of the most commonly asked questions. In the daily market update section of the website you can find inspiration for trade ideas.
Market Masters
You can trade like the pros with premium educational tutorials. The full Market Masters video course featuring 100+ advanced trading tutorials is worth-it if you can open and fund a live trading account with $500 or more. Here you will learn the basics of the forex and stock markets as well as in introduction to technical and fundamental analysis trading techniques.
Moneta Markets Trading Accounts
No matter what style of trader you are, you can take advantage of Moneta Markets Direct STP account with zero commissions or access razor sharp spreads from 0.0 with a small commission fee on top. The account type that you opt for is likely to depend on your trading strategy. Swap free Islamic accounts are available for Muslim traders.
If you are a day trader or scalper, then you might want to take advantage of the tight spreads on the Prime ECN account which has a commission of $3 per side or the Ultra ECN account which has a commission of just $1 per side. If you are swing trading and holding positions for a few days or more, then you might prefer to not pay any commission. Whatever your preferred trading style, this broker has got you covered.
The Moneta Markets account opening process is fast and easy. The minimum deposit required is very low at just $50 whereas high leverage of up to 1:1000 is available. The broker also offers demo accounts for practice purposes.
Moneta Markets Account Funding
Trades can fund their account quickly and easily from the Client Portal, using a variety of funding methods. The broker allows traders to deposit and withdraw funds to and from their trading accounts using convenient payment methods, such as bank wire, credit/debit wire card, and online payment systems. This is great because it means that you can get quick access to your funds which is important if there is some market news that you want to capitalise on or if you need to make a quick withdrawal.
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. They support a good selection of currencies for funding your account, which can help to save on currency conversion fees. This includes USD, GBP, EUR, SGD, JPY, NZD, CAD, HKD and BRL.
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. They pride themselves on exceptional client support which is evident through their award-winning customer service.
Moneta Markets Regulation
Moneta Markets is a regulated forex broker which means that clients can get protection on their accounts. This can give you the peace of mind to trade with confidence knowing that they will be operating in an honest and transparent manner at all times in order to comply with the strict rules and regulation that are put in place to protect retail traders.
- Moneta Markets is a trading name of Moneta Markets South Africa (Pty) Ltd, an authorised Financial Service Provider (“FSP”) registered and regulated by the Financial Sector Conduct Authority (“FSCA”) of South Africa under license number 47490.
- Moneta Markets is a trading name of Moneta LLC, registered under Saint Vincent and the Grenadines Financial Services Authority (“SVGFSA”) with registration number 2052 LLC 2022.
- Moneta Markets is a trading name of Moneta Markets Ltd, authorised and regulated by the Financial Services Authority of Seychelles with License No. SD144.
Moneta Markets Review Summary
Overall, I am really impressed with Moneta Markets and the excellent range of trading products and services that they provide to traders. Regardless of your experience level or investment size, they have trading platforms, tools and account for everyone. You can trade a huge selection of financial instruments with top class trading conditions and excellent support.
Built from the ground up, the Moneta Markets trading platforms allow fast and easy market access, precision trading, and lightning-fast execution. They place unrivalled emphasis on transparency and strive to meet and exceed the highest expectations when it comes to providing a secure trading environment and the safety of clients’ funds.
The fact that Moneta Markets are regulated in multiple jurisdictions and hold client funds in segregated accounts gives you the peace of mind to focus on your trading. For anyone who is looking for a hassle-free way to trade forex and other markets with everything you need in one place, then Moneta Markets are a top choice. You can get started with a minimum deposit of just $50 or even on a demo account if you want to get a feel for what they offer before making any commitment.
Moneta Markets
Min $50 Deposit
Pros
- Excellent trading conditions
- ECN forex spreads from just 0.0 pips
- Very low commission fees
- Rapid trade execution speeds
- Transparent and regulated broker
- MT4 and PRO Trader Platforms
- Wide range of funding options
- 1000+ trading instruments
- Premium trading tools and education
- Award-winning customer support
Cons
- Cannot accept USA traders
Self-confessed Forex Geek spending my days researching and testing everything forex related. I have many years of experience in the forex industry having reviewed thousands of forex robots, brokers, strategies, courses and more. I share my knowledge with you for free to help you learn more about the crazy world of forex trading! Read more about me.
