Moneta Markets

Moneta Markets is a forex broker that offers over 45 forex currency pairs, cfds, commodities, shares, indices, gold, silver, oil, bitcoin, and other cryptocurrencies for personal trading. The broker offers MT4, MT5, and ProTrader forex trading web platform, with traders having the opportunity to make use of a variety of trading tools, educational resources, and market analysis tools.

Traders and investors benefit from 24/7 market access Monday through Friday, with crypto markets also open on weekends, allowing clients to leverage multiple asset classes with leverage up to 1,000:1, one of the highest in the industry.

Building on its reputation as a client-focused broker, Moneta Markets provides users with 24/7 multilingual support, no deposit or withdrawal fees, and accepts multiple payment methods including credit and debit cards, bank transfers, FasaPay, cryptocurrencies (BTC, USDT and others), as well as a range of local and regional payment methods.

Regulation

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 and located at 1 Hood Avenue, Rosebank, Johannesburg, Gauteng 2196, South Africa. Company Registration Number: 2016 / 063801 / 07. Contact Phone Number: +27 (10) 1429139. Operational Office: 31 First Avenue East, Parktown North, Gauteng, Johannesburg, 2193, South Africa.

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.

Countries of presence

Clients are accepted from all countries EXCEPT the following:

Afghanistan, American Samoa, Albania, Australia, Belarus, Bermuda, Bosnia And Herzegovina, Bulgaria, Burma, Burundi, Central African Republic, Crimea, Croatia, Cuba, Cyprus, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Guam, Iran, Iraq, ISIL (Da’esh) & Al-Qaida & The Taliban, Italy, Ivory Coast, Japan, Liberia, Libya, Macedonia, Mali, Montenegro, Myanmar, North Korea, Puerto Rico, Republic of Guinea, Republic of Guinea-Bissau, Romania, Sierra Leone, Serbia, Sevastopol, Seychelles, Singapore, Slovenia, Somalia, South Sudan, Spain, Sudan, Syria, United States of America, United Kingdom, United States Virgin Islands, Venezuela, Yemen, and Zimbabwe.

Awards

The broker has one of the highest ratings in the industry and has received a number of awards, including the following:

• Most Advanced Web Based CFD Trading Platform 2020
• FinTech CFD Platform of the Year 2021
• Best Web Trading Platform and Mobile App 2020
• Most Advanced CFD Trading Platform Users Choice Award 2021
• Best Forex Broker for Beginners 2021
• Best Forex Broker for Professionals 2021

Trading Platforms

The broker offers MT4, MT5, and ProTrader forex trading web platform. The WebTrader does not require download or installation and traders have access to more than 300 financial instruments which can be traded.

Platform(s) provided: Web and mobile.

OS compatibility: All web browsers, Android, iOS.

Trading accounts

Demo

Direct

STP

Prime

ECN

Ultra ECN

Trading Instruments

In opening an account with Moneta Markets, traders have access to a variety of features including more than 300 financial instruments which can be traded, high leverage of 1:500, typical spreads which start from 1.1 pips on EUR/USD, and more.

Moneta Markets offers to trade in the following financial instruments:

• Forex
• Commodities
• Indices
• Cryptocurrencies
• Share
• CFDs

Registration process

Registration on Moneta Markets usually takes 1 day after submitting the registration form and sending the data for verification. Signing up just takes 15 minutes on average, while the approval of your account could take 1 day.

Verification

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 client’s application.

Proof of ID specifications

• A colour copy of one of the documents:
• A valid international passport (showing the signature page); or
• A valid Driver’s Licence (showing the photograph side); or
• A Government issued National Identity Card.

Proof of Address specifications

A copy of one of the following documents:

• A utility bill received within the previous 3 months. E.g. gas, electricity, water, rates that contains the applicant’s name and residential address; or
• A credit card statement or bank statement received within the previous 3 months (no online print-offs).

Deposits and withdrawals

At Moneta Markets, the minimum deposit amount is $50. Funds can be deposited in the following currencies: USD EUR GBP NZD SGD JPY CAD HKD BRL.

Withdrawal options:

• Swift Wire Transfer/International EFT
• Credit/Debit Cards (Visa and MasterCard)
• FasaPay
• JCB
• Skrill
• Bitcoin
• Sticpay

Deposit options:

• Swift Wire Transfer/International EFT
• Credit/Debit Cards (Visa and MasterCard)
• FasaPay
• JCB
• Skrill
• Bitcoin
• Sticpay

Support

24/7 Multi-lingual Support. Languages supported on the website: English, French, Italian, Spanish, Vietnamese, Portuguese, Chinese, Indonesian, Arabic, Malaysian, Japanese, Korean, Russian.

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 or more.

Moneta Markets does not charge any internal fees for deposits or withdrawals.

Affiliate program

Moneta Markets has a dedicated Refer a Friend program by which participants can earn attractive commissions on every new client that they refer to the broker. As soon as the referred client registers a real account and funds it with a minimum of $500, traders will receive a $250 bonus.

Training

Moneta Markets provides adequate education to beginner traders and those who are looking to refine their trading capabilities. The following educational tools, materials, and resources are made available:

Market Masters – This is a forex trading course that serves the purpose of training traders on the basics associated with forex trading along with stock markets. The training includes an introduction to technical and fundamental analysis and techniques with more than 100 trading tutorials provided. This training is only available to traders who have an account balance of $500 and more.

Video tutorials – which show traders how to make the most from the Moneta Markets trading platform. It helps traders gain more agility and precision in addition to providing handy platform shortcuts.

FAQ – The FAQ section is present on the website and covers some of the commonly asked questions in addition to answers over a variety of topics.