Home » Moneta Markets
  • High margin trading available, up to 500:1
  • Bitcoin deposit option
  • Wide range of educational and research tools
  • No disclosure regarding fees, commissions, and other costs
  • Withdrawals available only via bank transfer
  • Questionable regulatory authority

Moneta Markets is a new online broker that is backed by the well-known Vantage International Group. The strong heritage of the parent company gives Moneta the experience and instruments to offer the best services to its traders. Vantage International Group has been operating in the online brokerage business since 2009, and it currently serves over 70.000 customers and deals with trades over USD 100 billion a month.

Disclaimer: Trading Forex and CFDs involves significant risk and can result in the loss of your invested capital. You should not invest more than you can afford to lose and should ensure that you fully understand the risks involved. Trading leveraged products may not be suitable for all investors. Before trading, please take into consideration your level of experience, investment objectives and seek independent financial advice if necessary. Please read our legal documents and ensure that you fully understand the risks before you make any trading decisions.


Country of regulationCayman Islands
⚠️ Inactivity feeNo
🧾 Withdrawal feeNo
💰 Minimum deposit$200
🕖 Account opening time1 day
💳 Deposit MethodsDebit/Credit Card, Wire transfer, PayPal, Skrill, Neteller, FasaPay, UnionPay, Bitcoin, JCB
💱 Base currenciesUSD, AUD, EUR, GBP, NZD, SGD, JPY, CAD 
🎮 Demo accountYes
🛍️ Products availableForex, Stocks, CFD, Crypto

Opening an account

opening an account moneta

The account opening process at Moneta Markets is fast and completely digital, with just a few personal details to fill in, such as name, surname, email, phone number. A live account can be opened within minutes by using the ID3 verification method. This authentication process removes the need of an operator to manually check documents. 

Traders must keep in mind that this account opening method is only available for eligible jurisdictions, such as the UK. For other countries, the process is a bit longer, taking up to one business day. In this instance for a live account one must provide the proof of identity (ID/passport), and residency (bank statement/utility bill). 

This forex broker offers two types of accounts:

  • Demo account;
  • Live account.

It is good to know that traders that open a demo account with Moneta Markets have 30 days to upgrade a live one before it will expire.

moneta personal information

Moneta Deposit and Withdrawal

Traders can top-up their accounts by using credit/debit cards, bank wire transfer, and e-wallets. Withdrawals are possible only via bank wire transfer. Moneta Markets does not charge any deposit and withdrawal fees, though clients must know that bank commissions can apply. This is valid especially when transferring funds back into the bank account. 

Disclaimer: Trader’s should bear in mind that they can only deposit and withdraw money from sources that are in their name. 

UK clients can deposit money by using one of the following banking methods: credit/debit card, bank transfer, PayPal, Skrill, Neteller, FasaPay, Bitcoin, JCB. Moneta Markets has a minimum deposit of USD 200, and there is no minimum withdrawal amount. Clients from the UK must know that e-wallet and credit/debit card payments are processed instantly, Bitcoin in one business day, while bank transfers up to 1-2 business days.

Moneta Markets has the following base currencies: USD, GBP, AUD, EUR, NZD, SGD, JPY, CAD. Transferring funds in the trading account by using other currencies will charge a conversion fee. In addition, international bank wire transfers incur a minimum fee of 20 currency units of the base account currency i.e. GBP 20.

moneta deposit methods

Trading platform 

After our team of traders tested the Moneta Markets WebTrader Platform, we have concluded that it is well designed and easy to use, targeting newcomers to online trading. British customers can easily open/close/monitor deals, create watchlists, use over 45 technical indicators, and display six types of charts. Beginners will find these tools to be exactly what they need to start trading comfortably. Also, traders will appreciate the fact that they can check on their positions and trade anywhere from their devices with the Apple AppStore and Google PlayStore apps.

moneta trading platform

However, third party software, such as MetaTrader 4 (MT4), that gives clients more technical analysis tools and customizability is not available. Thus, more skilled traders that work with complex instruments might be put away by the fact that they don’t have access to advanced tools. In addition, with this online broker automated trading is not possible due to account security concerns.  

Moneta Markets offers its clients access to the following order types:

  • Limit
  • Market
  • Take profit
  • Stop loss

moneta placing an order

Investment Products Portfolio

moneta currency pairs

Moneta Markets has an investment products portfolio of over 300 CFDs, including over 45 currency pairs, 15 indices, 6 cryptocurrencies, 15 commodities, and over 185 stocks. The tradable assets cover a wide range of top markets, such as: Hong Kong, Australia, UK, US, European top-tier countries, and New Zeeland. 

This online broker offers different leverage levels for its clients, according to the asset class of the CFD:

  • Forex up to 500:1
  • Indices up to 200:1
  • Commodities up to 100:1
  • Stock up to 20:1
  • Cryptocurrencies up to 5:1

The high margin trading offered by Moneta is a strong advantage that makes this online broker stand out from its competitors. Moreover, the wide variety of available tradable assets helps clients to keep a more diversified portfolio, and thus, to reduce the overall risks of their investments. 


A feature that makes Moneta Markets stick out from other trading brokers is the 50% bonus that is offered to clients that deposit at least USD 500. This is good extra capital that can help traders to get involved in more trades or increase their positions. However, it is good to know that the bonus is cancelled if the funds are withdrawn immediately. In addition, traders should be aware that this benefit is eligible only for selected jurisdictions.

Moneta Fees and Commissions

Trading fees

Trading fees are expenses that are related to the trading activity. They can come in the form of commissions, spreads, conversion fees, and finance rates. Moneta Markets has no information disclosed on its platform regarding its trading fees. 

After effectively trading on Moneta Markets, our team of traders could not find any information about the trading fees. Keeping this in mind, this online broker has an opaque cost structure. However, being part of Vantage International Group should give any client the comfort of being fairly informed about any costs before making a trade.

Non-trading fees

Non-trading fees can be summarised as costs that are not directly connected to the trading activity, such as a withdrawal fee or inactivity fee. Moneta Markets is one of the few online brokers that doesn’t charge any non-trading fees.

Licensing and security

Moneta Markets is regulated by the following financial regulators:

  • Cayman Islands Monetary Authority (CIMA)
  • Financial Conduct Authority (FCA
  • Australian Securities and Investments Commission (ASIC) – indirectly through its owner company, Vantage International Group

Being regulated mainly by the Cayman Islands Monetary Authority (CIMA) does not provide traders with any account protection in case of bankruptcy. However, being a subsidiary of the Vantage International Group gives Moneta the needed capital and expertise to avoid having these issues. In addition, the client’s funds are being kept in segregated trading accounts within the National Australia Bank. 

Even though Moneta Markets is a new online broker, being established in 2018, the holding company, Vantage International Group, is in this business line for over ten years, since 2009. This gives the platform the legitimacy and level of trust that comforts any trader.

Research tools

Moneta Markets offers good research tools for newcomers to the financial trading industry. The proprietary WebTrader platform allows traders to use basic financial indicators, such as dividend yield, beta, EPS, and P/E. Also, customers can choose from a range of 6 charts with over 45 technical indicators available

Beginner traders will appreciate the client sentiment indicator. This will aid them in making a more informed decision (sell/buy/hold) by looking at what other traders feel about a financial instrument. Though, this indicator can be biased in some instances, as there might be not enough traders that express their view on a specific instrument, and thus it can be misleading. 

Educational Resources

Educational resources offered by Moneta Markets are impressive for such a new online broker, as they easily overtake other more established companies, such as eToro. The demo account is the most basic way to get familiar with the platform and with financial instruments, and traders can use it for 30 days before they must either go live or close it. 

Also, there is a ‘Market Masters’ online video tutorial available for beginners, where they can learn the basics in market instruments, technical chart patterns, Fibonacci techniques, and financial analysis.

Clients that deposit at least 500 units of their base currency have access to the following exclusive features in the Trading central/web Trader platform:

  1. Featured ideas – privileged access to fundamental and technical trading ideas based on proven strategies
  2. Market buzz – news service covering over 35000 tradable assets, such as stocks, currencies, and indices
  3. Web TV – live stream straight from the NYSE trading floor, with all the important trade ideas discussed and analysed
  4. Moneta TV – financial news from around the world 
  5. Premium economic calendar – offering a view of all the important upcoming events, such as the Bank of England (BoE) quarterly bulletin, and Federal Reserve (Fed) meetings

moneta economic calendar

Customer Support

Moneta Markets offers a reliable customer support team that can be contacted 24/5 by using the following means: email (support@monetamarkets.com), live chat, and phone (+44 113 320 4819). The various contact methods plus the multilingual support give this broker an easy way to connect with traders from around the world. Moneta support team is quick and prepared to handle professionally any of its client’s requests. This is supported by the fact that they won the Best customer support award in the 2020 M&A Global Awards gala. 

In addition, there is a comprehensive list of FAQs that help traders to find out what they need to know. 

Our recommendation

Moneta Markets is one of the best new online forex brokers thanks to its interactive platform and the wide variety of deposit methods, including Bitcoin. Newcomers can use the extensive educational resources available, such as the premium economic calendar and market buzz. Moneta stands out from their competitors being awarded with the best customer support in the 2020 M&A Global Awards gala.

Moneta Markets Details

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