Moneta Markets Review – Top Key Points 2021

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Moneta Markets Review 2021 Overview

Moneta Markets is a new online Forex and CFD brokerage founded in 2020, but its parent company “Vantage International Group LTD” has been operational since 2009. Moneta Market is primarily regulated by the Cayman Islands Monetary Authority (CIMA), although its parent company holding multiple licenses from tier-1 regulatory institutions. It offers a small selection of tradeable instruments, a little over 300 instruments in 4 different classes from FX pairs, Indices, Commodities, and Share CFDs. At Moneta Markets trading cost is higher than the industry average, therefore maybe not be suitable for discount traders. Moneta Markets features a proprietary web trading platform that can be accessed by any modern browser, also available for mobile devices. Alongside a proprietary platform, third-party MetaTrader 4 & 5 are also available. Moneta Markets strive to compete with the industry leaders, especially when it comes to fulfilling traders need in the core categories.

Moneta Markets Review: Top Key Points for Moneta Markets in 2021

Moneta Markets is a new online brokerage owned by Vantage Group, as a new broker we found some of the top key points on Moneta Markets:

   Licensed and authorized by a tier-3 jurisdiction (CIMA), 1 tier-2, and 1 tier-3 jurisdiction, Offers compensation fund

​  Limited tradeable instruments (300+), with 45+ currency pairs including majors, minors, and exotics

   Forex and CFD trading cost is higher than the industry average

   Most deposit and withdrawal methods are free of charge, and a proprietary mobile app.

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Moneta Markets Review: Is safe or a scam?

Moneta Markets is primarily regulated by an offshore entity the Cayman Islands Monetary Authority (CIMA). Still, it has the credibility to gain acceptance among traders, due to the fact that it’s operating under Vantage International Group Limited (VIG), which already operating another well-known broker Vantage FX, which is founded in 2009, has more than a decade of experience in the financial market. Vantage Group holding multiple regulatory licenses from the two strictest jurisdictions Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA),  and 1 tier-3 regulator (low trust).

Although CIMA jurisdiction lacks prestige it does provide adequate protection, and its owner company has a long-term good reputation, serving 70k+ traders worldwide and an average monthly trading volume of over $100 billion. We think Moneta Markets created a safe, secure, and user-friendly trading environment, traders should feel safe depositing their funds with Moneta Markets.

Please Note: Moneta Markets doesn’t provide an investor compensation fund that would protect customers against any unforeseen financial issues at this broker. All client funds remain segregated at the National Australia Bank (NAB), never use clients’ money for their own business activity due to regulations.


  • Founded in 2020, operating under Vantage International Group Limited (VIG)
  • 300+ tradeable instruments available
  • Making deposits are free


  • No compensation fund is available.
  • Not accept traders from the United States
  • Trading cost is higher than the industry average.
  • No back-testing or automated trading capabilities in the web trader
  • Not all withdrawals methods are free, bank transfers cost you 20 units of your base currency.

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Moneta Markets Review: Moneta Markets licenses

Moneta Markets broker licensed by regulatory institutions. Regulatory institutions are as follow:

  • The Cayman Islands Monetary Authority (CIMA), with Securities Investment Business Law (SIBL) number 1383491.
  • The VFSC under Section 4 of the FDLA (Regulation No. 700271).


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Moneta Markets Review: Trading Instrument

Moneta Markets offering fewer tradeable instruments than most other brokers in the industry. Currently, it’s offering more than 300 tradeable instruments including 45 Forex pairs, 15 Indices, 15 Commodities, popular Share CFDs, and 6 major cryptocurrencies including BTC, BCH, DSH, LTC, ETH, XRP, and cryptocurrencies support leverage up to 1:5.  Trading forex support up to 1:500 leverage for non-UK clients, and up to 30:1 leverage available for UK clients due to its regulation. There are limited opportunities to diversify your portfolio, especially traders looking for cross-asset diversification could be disappointed.

Moneta Markets is considered an average selection broker compared to market leaders like XM Group, CMC Markets, or SAXO Bank, each of them offers more than 10,000 instruments in different assets.

Although forex trading cost is slightly lower it offers only 48 forex pairs including major, minor, exotic pairs with low spreads from 0.1 pips in EUR/USD pair, and up to 1:500 leverage for non-UK clients, and up to 30:1 leverage available for UK clients due to its regulation.

Cryptocurrency: You can cryptocurrencies as CFDs but can’t trade the underlying asset (e.g. buying Bitcoin). Moneta Markets offers 6 major cryptocurrencies including BTC, BCH, DSH, LTC, ETH, XRP, and leverage support up to 1:5. There are other alternative brokers that offering a larger selection of cryptos and give higher leverage. Currently, the best option for crypto traders could be eToro or AvaTrade.

The following table summarizes the different Instrument available at Moneta Markets broker:

Features Moneta Markets
Total Instruments 304
Copy Trading Yes
Cryptocurrency No
Cryptocurrency (CFD) Yes
Forex Pairs 49
Commodities 15
Cryptocurrencies BTC, BCH, DSH, LTC, ETH, XRP
Indices 18
Share CFDs 226

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Moneta Markets Review: Trading Cost

Moneta Markets offers both commission-based and commission-free trading opportunities. Two main different account types are available Moneta STP and Moneta ECN account, where the STP account is commission-free and operates under the market maker model with a minimum spread listed at 1.2 pips in EUR/USD pair. ECN accounts operate under the NDD model, where spreads are highly competitive starts from 0.0 pips and a commission of $3/lot per side and $6 per round turn. CFD shares trading commission starting at $7 per trade.

Besides these, an Islamic Account is also available which has so swap-fee and operates under a fixed commission per lot. ECN account has a better advantage over STP account. ECN account is tailored for Scalpers & EA traders. By the way, there was another account type called prime account, they are no longer offering this account type.

STP accounts (Beginner): STP account type is commission-free but contains higher spreads than the ECN account. Spreads start from at 1.2 pips in EUR/USD pair and higher spreads at minor and exotic pairs. The STP account type is tailored for beginners traders who want simple, direct market access with no commissions. The minimum deposit requirement is only $50, but to cover the trading margin and stay on the safe side you should deposit a smart amount depending on your trading strategy.

ECN Account (Professional): The PRO account offers the most competitive pricing overall. Spreads start from 0.349 pips and a commission of $3.5 per standard lot. PRO is great for professional traders who need deep liquidity and sharp spreads. You can access the Moneta ECN account just by depositing $200 in your account.

Trading Cost: Moneta Markets’ trading cost is slightly higher than the cost-effective brokers XM GROUP, or Saxo Bank. Moneta Markets operate under the market maker model which means it trades directly against traders and makes profits directly from the losses of traders.

Features STP ECN
Minimum Deposit $50 $200
Minimum order size 0.01 lot 0.01 lot
Average Spread at EUR/USD 1.2 pips 0.0pips
Rebate program Yes Yes
Max Leverage 1:500 1:500
Commission Zero Commission $3 per side/ standard lot

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Moneta Markets Review: Inactivity Fees

Moneta Markets broker doesn’t charge any inactivity fees.

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Moneta Markets Review: Rebate Program

Moneta Markets doesn’t feature any rebates (pricing discounts) to its active traders. In general, traders who trade large volumes qualify as active traders. Most leading brokers provide rebates to their active traders. However, there are different eligibility rules applied for different brokers.

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Deposit and withdrawal fees at Moneta Markets

Multiple payment methods are available for funding and withdrawal procedures. Most deposits and withdrawals methods available at Moneta Markets are free of charge but bank withdrawal charges a $20 fee.

Different deposit methods offered by Moneta Markets:

  • Bank Wire Transfer
  • Credit/Debit Cards, MasterCard, Visa
  • Fasapay
  • JCB
  • Sticpay

Withdrawal Fees:

Withdrawals are mostly free but for wire transfer, you have to pay a $20 fee. Standard withdrawals processing time is 1 business day but it’s not guaranteed as it’s dependent on the type and location of your bank. And all electronic deposits are instant and withdrawals can take a couple of hours.

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Moneta Marketsbroker minimum deposit

Moneta Markets require a minimum of $50 deposit amount, but you should deposit a decent amount depending on your trading strategy and expectancy.

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Moneta Markets Review: Trading Platforms and Tools

Moneta Markets features a proprietary web trading platform powered by PandaTS, it’s fully compatible with any modern browser Chrome, Firefox, Safari, and Opera. Mobile app for both Android and iOS platforms. They tried to keep its user interface clean and simple, not crowded with too many features. Moneta Platform gives access to 48 technical indicators and 6 chart types. more advanced tools for more advanced traders.  Also through a web trading platform, you can choose from over 300 instruments including CFDs for FX, cryptocurrencies, indices, commodities, from around the world. Its user interface looks very simple and intuitive that enhances its appeal. It enables traders to build watchlists, and modifying charts all seem simple and intuitive. Furthermore, Monita’s WebTrader is an all-in-one platform that not only has all the technical indicators and chart types a trader needs, but also a built-in Client Portal for account opening and easy deposits and withdrawals give even more control over your asset.

We noticed a few drawbacks in the WebTrader like: there are only 3 watchlist columns available, the ability to create custom indicators, and also the lack of a two-step authentication secure login. Also, the latest news about various symbols is absent from the WebTrader platform, and it lacks Forex Robots (EA) trading features. In order to use EA (Expert Advisor), you can you MT4 OR MT5 platform.

Maybe not the most feature-rich platform in the market like Saxo Bank or IG, but its ease of use makes it highly useful.

Metatrader: Besides its WebTrader, it also offers two third-party alternative platforms MetaTrader 4 and MetaTrader 5. MetaTrader 4 (downloadable) platform ( MT5 is not offered) are downloadable for platforms pc, mac, android or ios.

Features Moneta Markets
Proprietary Platform Yes
Mobile App Yes
MT4 Yes
MT5 Yes
cTrader No
DupliTrade No
ZuluTrade No
NinjaTrade No
Charting Indicators 51
Charting Drawing tools 31
Copy/social Trading Yes
Demo Account Yes

Attention: No fees for Deposit and Withdrawal also spread is highly competitive in the XM broker. Read our detailed review about the XM broker. Click Here.

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Moneta Markets Mobile App

Moneta Markets offers a proprietary mobile app, and MetaTrader 4 and MetaTrader 5 are also available for mobile devices. So if you used MetaTrader previously and feel comfortable with MetaTrader you can use it or you can try its proprietary mobile trading app which is available for iOS and Android platforms.

Moneta Markets AppTrader: Moneta Markets AppTrader app features the same functionality as its web platform. Its user interface looks and feels the same as its web platform. You can directly access breaking news, easily manage your account, setting up Stop Loss and Take Profit levels, transparent charts, also features a built-in Client Portal so you can create an account and make a deposit or withdrawal quickly and easily. also some educational content. Mobile AppTrader is perfect for easy market access on the go.

However, Moneta Markets AppTrader is far behind the proprietary mobile apps offered by competitors such as IG Markets or Saxo Bank.

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Moneta Markets Review: Research Tools

Moneta Markets broker provides research tools from the combination of in-house and third parties resources, where most content comes from third parties. research leaders Saxo Bank and IG which fall far behind research leaders Saxo Bank and XM GROUP. It has a good range of versatile technical analysis tools that helps traders to speculate next market moves and take the best trade. Publish daily market updates in the market news section.

In the Market Analysis tab, you can find market sentiments, technical rating indicators that help traders to combines a summary of buy and sell signals based on several technical indicators. Regardless of whether you like to trade FX, CHDs, or any other markets.

WebTV: WebTV Moneta Markets’ proprietary WebTV provides live trade ideas based on technical analysis and fundamental analysis, also it gives up-to-date industry news, furthermore, around-the-clock short market commentary videos.

Premium Content: It also provides more advanced tutorials with the Market Masters video course, Market Buzz, Featured Ideas for traders who fund their accounts with $500. These tools are directly integrated into the trading platform so traders can access them easily.

DupliTrade: Moneta Market also supports DupliTrade, it’s an automatic copy/social trading tool that helps clients automatically duplicate the trades of a portfolio of proprietary traders. Traders can simply choose an expert trader’s profile that you want to follow, you can choose based traders’ trading style, preferred instruments, trading method, and their trades will automatically be duplicated in your trading account. You have to share a percentage of your profit. Please Note: You have to deposit at least a minimum of $2000 to use duplitrade.

Features Moneta Markets
Market Insights Yes
News Yes
Trading Central Yes
Autochartist No
Copy Trading Yes
Forex calculators Yes
Economic Calendar Yes

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Moneta Markets Review: Education

Apart from the master’s course, Monita Markets does not provide any significant educational material. And to get access to the master’s course you need to deposit a minimum of $500, so there is not much educational content for you for free.

On its YouTube channel, there are 44 platform videos showing how to use their platform, and about using indicators. And every day they post a short 2 min market update video called Daily Finance News.

Moneta Markets’ educational resources fall behind market leaders like XM, or CMC Markets. XM group publishes tons of market insights and educational resources every day, so don’t forget to check out them.

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Moneta Markets REVIEW: Conclusion

Overall, Moneta Markets is an average trusted broker regulated by offshore financial institutions and backed by its parent compy Vantage Group. offers highly competitive pricing in forex. Opening an account is a straightforward process and deposit/withdrawal processes are mostly free. Offering proprietary platform also MetaTrader 4 and MetaTrader 5. The bottom line is Moneta Markets might not be a good choice for low-cost traders and traders are looking for a wide range of products for creating a diversified portfolio. It has lacks education and pricing is higher than the industry average. For CFD traders there are many other better choices available like XM, or Saxo Bank as their wide range of instruments and rich educational resources will satisfy most beginners and advanced traders.

In order to compete with giant brokers with the best offering, Moneta Market needs to upgrade in all the core categories, including trading cost, forex, and CFD trading education, trading platform should support EAs, and more in-house research tools, and mobile trading app.


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Expert Score 6
Trust Score
Tradeable Instruments
Commissions & Fees
Platform & Tools
Research Tools
Mobile Trading
  • Good range of tradeable instruments
  • Free deposit and withdraws
  • Demo accounts, swap-free accounts
  • Negative Balance protection
  • Pricing slightly higher
  • Average Trusted broker
  • No compensation fund
  • Need to improve in core categories
Moneta Markets Review – Top Key Points 2021
Moneta Markets Review – Top Key Points 2021
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