Pros
  • Well-regulated broker
  • DupliTrade and Zulutrade are available for social copy-trading.
  • Offers the MetaTrader suite alongside its own proprietary platforms WebTrader and AppTrader.
Cons
  • Some modules on Moneta Markets site were outdated, and some simply did not load.
  • The WebTrader platform and related mobile AppTrader lack integrated trading tools.
  • Offers a smaller range of markets than leading multi-asset brokers.

Reviewed broker: Moneta Markets

Note: Moneta Markets is a trademark of Vantage Global Limited

Regulation: Financial Sector Conduct Authority (“FSCA”) of South Africa 

Trading instruments: Forex, Commodities, Indices, Shares CFDs

Location: South Africa

US Traders: Due to CFTC regulation, US traders are unable to trade with non-US brokers. Traders from all other countries are welcome to apply.

Trading Conditions and Features 

Segregated accounts: Moneta Markets is a regulated CFD Broker. Under VFSX regulation, Moneta Markets assures transparency across all CFD trading operations, with all client funds kept in a segregated account held with the AA rated National Australia Bank. Moneta Markets are subject to regular third-party auditing. 

Maximum leverage 500:1

Minimum deposit requirement $50

300+ Tradable Instruments

Negative balance protection: yes

Spreads as low as 0.3 pips on major currency pairs 

Accounts Types

Whether you are a novice trader or an experienced professional you can take advantage of the Moneta Markets STP account with zero commissions, or you can choose to access razor sharp spreads from 0.0 on our ECN account, with commissions from $3 per lot per side.

To open a Moneta Markets live trading account, click the white ‘Demo’ button at the top right hand corner of every page. Complete the application, provide the required documentation for proof of identity and once approved, your new account details will be emailed to you. Each Moneta Markets demo account lasts for 30 days before your login will expire. We encourage our new traders to demo trade until they are comfortable with both the Moneta Markets WebTrader platform as well as their own trading strategy.

Trading Platforms

Moneta Markets WebTrader

Tailor-made the custom Moneta Markets WebTrader platform to offer traders of all levels easy access to a wide variety of trading instruments without the need to install or download any additional software. And, in addition to precision price charts, the built-in account opening functionality and funds management module make the Moneta Markets WebTrader a true all-in-one trading solution. 
Build from the ground up, the Moneta Markets WebTrader has been designed from the ground up to offer traders not only simple and easy market access, but pip-perfect precision and unmatched stability.The Moneta Markets WebTrader is a true all-in-one platform that not only has all the technical indicators and chart types a trader needs, but also an in-built Client Portal for account opening and easy deposits and withdrawals.Trade up and enjoy easy market access with the Moneta Markets WebTrader Platform.

Trading

The convenient Order Module is positioned right next to your trading chart, so you can place your trades with pip-perfect precision. It features a real time calculator that shows your trading volume in both pips and dollar value, as well as ultra-fast market order placing.

Precision Charting

With 45+ built-in indicators on offer and 6 different chart types available the Moneta Markets WebTrader caters for any style of trading. And, if you prefer technical trading styles, then the Moneta Markets WebTrader’s trend line, and suite of drawing tools have got you covered. 

Risk Management

The Moneta Markets WebTrader platform makes setting Stop Loss and Take Profit orders as simple as possible. When you place a stop loss or take profit order, your levels are displayed in pips, price, and dollar value, so you know exactly how much of your account capital is at risk on any given trade. 

Account Management

When it comes to getting your trading account up and running, the Moneta Markets WebTrader has got you covered. Traders can open and fund an account in just minutes from the WebTrader’s Account Management module. It has never been easier to open an account with speed and simplicity. 

METATRADER 4

Traders of all levels can trade 300+ global markets on the award-winning MetaTrader 4 platform. When you trade with the Moneta Markets MT4 platform, you’re trading on the world’s most popular forex trading platform due to its robust performance and suite of thousands of indicators and EAs.

Your MT4 account also integrates seamlessly with your WebTrader platform, so you can choose to trade on the either platform, at anytime.

Trade up and take advantage of the powerful Moneta Markets MT4 platform.

Powerful Charting

The Moneta Markets MT4 platform offers traders the most powerful forex charting solution available. Traders can not only customise all aspects of their charts, but also access 40+ built-in indicators for all trading styles, whether short, medium or long term strategies.

Custom Indicators and EAs

MT4’s custom scripting language, MQL4 also allows traders to code their own custom indicators and even automate trading strategies so they can truly trade the markets 24/5 using one, or multiple EAs (Expert Advisors), whether coded yourself or downloaded from the MT4 codebase.

Unrivalled Speed

When you trade using MetaTrader 4, you are able to take advantage of ultra-fast execution so you can take advantage of rapid price movements across a range of trading instruments, whether you prefer to trade manually or using an automated trading robot.

Promotions and Education 

Claim your 50% Deposit Bonus!

Want to boost your deposit with 50% extra? When you fund your Moneta Markets trading account with $500 or more, we will give you a 50% bonus!

Whether you are an existing Moneta Markets account holder or a new client, make a deposit then opt-in using the form below to claim your bonus today!

 Payment Methods

Minimum deposit requirement $50

METHODPROCESSING TIMEFEESAVAILABLE CURRENCIES
International EFT2-5 business days$0*AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD
Credit/Debit Card
(Visa and MasterCard)
Instant ¹$0*AUD, USD, GBP, EUR,SGD, JPY, NZD, CAD
FasaPayInstant$0AUD
JCBInstant$0JPY
SticpayInstant$0AUD, USD, GBP, EUR, SGD, JPY, NZD, CAD

How was the rating of Moneta Markets performed compared to other brokers? 

This 2024 Forex Broker Review  has been conducted though thorough research and assessment of rating and ranking among almost 300 international forex brokers. The final grade is given based on Moneta Markets FX broker performance and features. 

Overall our online Moneta Markets review was conducted with the details obtained from the demo trading and the forex brokers website. If you would like to add details to this online Moneta Markets or you find inaccurate details Moneta Markets broker review please get in touch with us and the changes will be applied.

Moneta Markets Details

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