| Updated: September 17, 2025- Jump to:
- Regulations
- Trading Instruments
- Trading Platforms
- Payment Methods
- Account Types
- Support
- Conclusion
Moneta Markets is a trusted brokerage with more than a decade of experience in delivering high-performance trading products and services to traders worldwide. The company executes over 1.5 million trades each month and reports a monthly trading volume of $100 million. At the time of writing, over 70,000 clients have registered accounts with Moneta Markets, which hardly surprises us given the numerous benefits this fully regulated broker offers.
Among these are round-the-clock customer support, lightning-fast payments, and the availability of over a thousand tradable instruments, including forex currency pairs, commodities, stocks, stock indices, bonds, and exchange-traded funds. Spreads with certain account types start at zero pips. Registered traders at Moneta Markets can benefit from daily market updates, economic calendars, and trading calculators.
Trades can be executed via several robust platforms, such as MetaTrader 4, MetaTrader 5, Pro Trader, and ZuluTrader. Moneta Markets enables customers to choose from three types of live account to accommodate traders of all styles. Risk-free testing of the broker’s services is possible via demo accounts. Moneta Markets has won multiple awards since its inception, including CFD Platform of the Year and Best Forex Broker for Beginners.
| General Information about Moneta Markets | |
|---|---|
| Min. Deposit | $50 |
| Supported Languages | Arabic, Czech, German, English, Spanish, Indonesian, Korean, Portuguese, Russian, Thai, Vietnamese, Chinese (Mandarin) |
| Supported Currencies | United States Dollar, Euro, Japanese Yen, British Pound, Canadian Dollar, Brazilian Real, New Zealand Dollar, Hong Kong Dollar, Singaporian Dollar |
Regulations
Moneta Markets prides itself on being a fully regulated online broker that ensures the highest levels of customer protection and transparency. The company has obtained licences from the South African Financial Sector Conduct Authority (FSCA) and the Saint Vincent and the Grenadines Financial Services Authority (SVGFSA).
The broker adheres to strict auditing and security policies that aim to protect clients and their capital. Retail customers benefit from negative balance protection and have their funds stored in a segregated trust account at an AA-rated bank that ranks among the twenty safest financial institutions in the world. This alone guarantees your money is highly protected against potential insolvency on the broker’s side. As for negative balance protection, its purpose is to prevent clients who trade with leverage from going into the red whenever the markets swiftly move against their positions.
The site is operated by Moneta Markets Limited, an entity that has offices in Johannesburg, Hong Kong, and Providence (Seychelles). Licensing and regulatory restrictions prevent the brokerage from accepting trades from certain countries. Moneta Markets currently disallows traders who reside in the United States, Canada, the UK, Italy, Japan, Singapore, Spain, and Australia from registering and using its services. The full list of countries restricted from trading with Moneta Markets is available in the Frequently Asked Questions section of the broker’s website.
| Regulator | Licence |
|---|---|
| ASIC (Australia) | Yes |
| FSA (South Africa) | Yes |
Trading Instruments
Moneta Markets truly rises to the occasion when it comes to trading instruments variety. The broker specializes in the provision of contracts-for-difference (CFD) trading and offers more than 1,000 tradable instruments across different asset classes like forex, hard and soft commodities, indices, and stocks.Portfolio diversification is easy with Moneta Markets where trading with bonds and exchange-traded funds (ETFs) is also possible. Clients looking for greater exposure can take advantage of maximum leverage ratios of 1:1,000. Spreads at Moneta Market are very tight, especially on ECN accounts where they start at zero pips for major forex pairs.Forex Trading
Moneta Markets gives you the opportunity to trade more than 45 currency pairs with spreads as low as zero pips. Registered clients who are new to the foreign exchange market can build their knowledge and experience by trading low-volatility majors such as EUR/USD, AUD/USD, GBP/USD, and USD/CAD, among others. Leverage starts at 1:100 for most major currency pairs, with a minimum trade size of 0.01 lots.
Minor currency pairs, or crosses, are also readily available at Moneta Markets. Customers can trade pairs such as EUR/AUD, EUR/CAD, GBP/CHF, and NZD/JPY, among others. Experienced traders seeking greater volatility can diversify their portfolios with exotic currency pairs. The broker caters to advanced investors with 18 exotic pairs, including NZD/SGD, EUR/SEK, AUD/CHN, and USD/MXN.
In addition to its versatile range of currency pairs, forex traders have access to a sentiment indicator powered by TradingView. This tool lets you view and compare bid and ask ratings across different currencies using several technical indicators. Technical analysis can be applied to timeframes ranging from one minute to one month. The broker has also partnered with HokoCloud to deliver a robust, highly efficient forex VPS service that significantly improves order-execution speed.
Commodity Trading
Commodity trading through contracts for difference is also possible at Moneta Markets, which offers a selection of 19 soft and hard commodity markets. Energy commodities are a great choice for clients of the brokerage who are seeking greater profit potential. Options in the energy category include natural gas, crude oil, heating oil, and gasoline.
Precious and semi-precious metals are excellent portfolio diversifiers and can be used as a hedge against inflation. Moneta Markets allows customers to trade gold against USD and AUD with maximum leverage of 1:1,000. Silver is another option, but the maximum leverage is lower at 1:100. Traders who open positions in copper can leverage their trades at a maximum ratio of 1:20.
Several soft commodities are also available for trading at Moneta Markets, including coffee, cocoa, sugar, cotton, and orange juice. The broker limits maximum leverage to 1:33 for all agricultural markets, except cocoa and coffee, where the ceiling is set at 1:50. The allowable tradable volume for commodities ranges from 0.01 to 50 lots, depending on the products clients choose.
Indice Trading
Moneta Markets gives you quick and hassle-free access to the global index markets, allowing you to trade the world’s most liquid indices with leverage via the Pro Trader and MetaTrader 4 platforms. Clients can choose from 23 popular indices, including the Dow Jones Industrial Average, DAX40, FTSE 100, Hang Seng, Nasdaq 100, Nikkei 225, and S&P/ASX 200.
Most of these are available for trading through contracts for difference, although the Nasdaq 100, the Hang Seng, and the Dow can also be traded via futures contracts. Either way, you have access to leverage, but the exact ratios are index-specific, ranging from 1:20 to 1:1,000. The same goes for the minimum tradable volume, which fluctuates between 0.01 and 50 lots.
Stock Trading
Trading stock CFDs offers a lucrative alternative to speculation in more conventional markets, such as forex. Moneta Markets provides stock traders with a wealth of opportunities, allowing them to speculate on the price movements of shares of some of the world’s largest and most liquid companies, including industry heavyweights such as Amazon, Apple, Google, Alibaba, Visa, Pfizer, and Intel.
The available stocks are conveniently grouped by region, and the broker provides comprehensive coverage of major players in the European, British, and North American markets. In total, it gives you access to more than 700 stocks. Margin requirements are region-specific: stocks of U.S. companies generally require a 3% margin, while those of U.K. and European companies carry a 5% margin requirement.
EFT Trading
Seasoned traders who join Moneta Markets can further diversify their portfolios and gain additional exposure by investing in exchange-traded funds. ETFs comprise various underlying assets – such as stocks, indices, and commodities – and are traded on exchanges just like regular stocks. While they share some similarities with mutual funds, ETFs can be traded throughout the day, whereas mutual funds are available only after the markets’ closing hours.
At Moneta Markets, savvy traders can explore more than 50 ETF baskets and trade them on the MetaTrader 5 and Pro Trader platforms. This gives customers access to a broad range of sectors, including energy, blockchain, sustainability, precious metals, and technology. Popular ETF choices include VanEck Gold Miner, ProShares UltraShort S&P 500, iShares Global Clean Energy, and Global X Blockchain. Each ETF trade at Moneta Markets carries a $6 commission, so keep that in mind.
Bonds Trading
Knowledgeable Moneta Markets customers can capitalize on macroeconomic trends by investing in bonds and Treasuries through the MetaTrader 4, MetaTrader 5, and Pro Trader platforms. Clients can trade bonds outright or use them as a hedge against currency movements. Bonds generally exhibit lower volatility than more traditional markets, such as equities, but they also offer lower expected returns.
At Moneta Markets, you can reduce your portfolio’s overall risk by investing in bonds listed on the Chicago Board of Trade (CBOT), the Intercontinental Exchange (ICE), and Euronext. Trading Euro-Bund futures is also available. Bond trading at Moneta Markets requires a minimum margin of 1% and supports lot sizes ranging from 1 to 500.
| Instrument | Spread |
|---|---|
| EUR/USD | 0.1 |
| GBP/USD | 0.1 |
| USD/JPY | 0.1 |
| USD/CHF | 0.1 |
| AUD/USD | 0.1 |
| EUR/CHF | 0.1 |
Trading platforms
Moneta Markets facilitates seamless trading across a broad range of portable and desktop devices, giving customers a choice of several robust platforms. MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are available for desktop, browser, and mobile use. Copy trading at Moneta Markets is possible via the popular ZuluTrade and DupliTrade third-party platforms. Pro Trader gives customers instant in-browser access to the markets, offering them hundreds of technical indicators, drawing tools, and analytical instruments.
 Platforms |
 PC / MAC |
 Smartphones |
 Tablets |
|---|---|---|---|
| MetaTrader 4 |   |   | |
| MetaTrader 5 | | | |
| ZuluTrade | | | |
| Trading Information | |
|---|---|
| Trading Platforms | MetaTrader 4, MetaTrader 5, ZuluTrade |
| Demo Account |  |
| Hedging |  |
| Scalping | |
| Retirement Account | |
| US Traders | |
| Arabic Traders | |
MetaTrader 4
Trading via the downloadable version of MetaTrader 4 is one of the options for customers who register with Moneta Markets. The platform is a great choice for clients looking to profit from the highly volatile foreign exchange market, although trading in stock indices and hard and soft commodities is also possible. It arms users with a range of powerful tools for detailed technical analysis, including more than 40 built-in technical indicators that can accommodate all trading styles. Traders can also build custom indicators and automated trading systems.
Additionally, MT4 supports various charting solutions and one-click trading. Performing in-depth fundamental analysis is also possible via an economic calendar that keeps users up to date with the latest global economic events. Another benefit of using MT4 is that it allows for lightning-fast order-execution speeds, which enables traders to capitalise on rapid price fluctuations. Moneta Markets traders can connect both their ECN and STP accounts to MT4.
MetaTrader 5
More advanced traders who sign up with Moneta Markets can upgrade to the MT5 platform, which gives them access to more than 300 global markets and comes with additional functionalities, including 21 timeframes, custom expert advisers, and dozens of technical indicators. Seasoned investors can use oscillators to identify oversold and overbought market conditions. They can set up trading alerts and keep track of the latest happenings on the global economic scene via the built-in economic calendar.
A robust back-testing module is also incorporated into the platform, allowing users to test new trading strategies effortlessly. Traders looking for more flexibility can use MetaQuotes’ WebTrader platform, which enables them to access their MT4 or MT5 accounts in the browser of any desktop or mobile device they choose. Users of the browser version will benefit from 30 common indicators, more than 20 charting tools, and 9 different timeframes. Native apps for both MT5 and MT4 are available for free download on the App Store and Google Play.
Pro Trader
Pro Trader is another powerful platform available to customers of Moneta Markets. Powered by TradingView, the platform features a comprehensive range of charting tools and technical indicators such as Fibonacci retracement lines and trendlines that facilitate trading with razor-sharp precision. It comes with more than a hundred indicators ready for immediate use and a dozen chart types.
Depending on their personal preferences, users can also switch from light to dark mode. Various customisation options are available, allowing you to tailor your trading experience to your needs and style. Traders can better manage their risk with advanced orders like ‘take profit’ and ‘stop loss’. Best of all, Pro Trader is simple and intuitive to use despite the proliferation of features it offers.
ZuluTrade
Customers of Moneta Markets can link their accounts to ZuluTrade, one of the most popular platforms for social trading in the world. It gives you access to the portfolios of highly successful professional traders and enables you to examine their trading strategies. Users can then separate the sheep from the goats based on trading performance and results.
Once you single out the most capable traders, you can follow them and copy their trades. All positions they open or close will be automatically placed in your account at Moneta Markets. The database includes more than 10,000 professional investors, but keep in mind that you need a live funded account to copy trades with Zulu.
DupliTrade
Similar to Zulu, DupliTrade enables you to replicate the positions of well-versed traders automatically in your own portfolio. You can single out traders to follow based on the instruments they invest in, their trading strategies, and trading style. All trades will subsequently be copied into your Moneta Markets account. One thing to bear in mind is that your live account should have a balance of at least $2,000 before you start assembling a portfolio of professional traders.
With that said, Moneta Markets customers can back-test investors’ portfolios via free demo accounts to identify experienced traders whose style matches their individual needs and risk tolerance. The DupliTrade platform gives you access to a smaller pool of professional traders to follow compared to Zulu, but the criteria for the selection of strategy providers are more stringent. Only the most proficient traders pass the test and are added to the Dupli database.
Payment methods
Traders who are confident in their skills and knowledge can conveniently fund their live accounts via several widely used payment solutions. Customers can conduct payments through the client portal on the website. There are also dedicated deposit and withdrawal pages that clearly outline all available banking methods and their specifications.
Account holders can transfer money to their live balance via Visa, Mastercard, JCB, FasaPay, the Sticpay digital wallet, as well as with cryptocurrencies such as BTC, ETH, and USDT, all of which facilitate instant transactions in real time. Depositing via international bank transfers is also an option, but you should arm yourself with patience, as transfers require between 2 and 5 working days to process.
You will incur no additional processing fees on behalf of Moneta Markets when depositing, but keep in mind that your financial institution may charge you extra for international bank transfers. The minimum deposit for most supported payment methods is $50. Customers can request withdrawals back to their credit or debit cards or cash out via bank transfers, Sticpay, and FasaPay. It is worth noting that traders can deposit and withdraw only to payment solutions and cards registered in their name.
The brokerage does not charge additional fees for withdrawing unless you request your funds via an international bank transfer, in which case $20 will be deducted from your trading balance. Processing times are method-specific, but withdrawal requests are generally handled within 24 hours. International bank transfers take between 3 and 5 working days to complete.
Another thing to bear in mind is that the brokerage processes withdrawals only during working days, that is, from Monday to Friday. In other words, the waiting times extend for those who attempt to cash out at weekends. We highly recommend you register your live account in your country’s national currency to avoid incurring additional fees for currency conversion. The broker offers several base currencies, including EUR, USD, NZD, JPY, CAD, GBP, HKD, SGD, and BRL. Some of these may be unsupported by your preferred payment solution, so we suggest you double-check before you deposit.
| Brand | Minimum | Fees | Processing Time |
 | $50 | No Fees | Instant |
 | $50 | No Fees | Instant |
 | $50 | No Fees | 2 to 5 business days |
 | $50 | No Fees | Instant |
 | $50 | No Fees | Instant |
 | $50 | No Fees | Instant |
| Brand | Minimum | Fees | Processing Time |
| - | No Fees | 24 hours |
| - | No Fees | 24 hours |
| - | $20 | 3 to 5 business days |
| - | No Fees | 24 hours |
| - | No Fees | 24 hours |
| - | No Fees | 24 hours |
Account types
The number of clients registered with Moneta Markets exceeds 70,000, which does not surprise us, considering the outstanding quality of the broker’s services. Unversed traders can start building expertise by setting up free demo accounts that closely replicate the live trading experience.
Traders confident in their knowledge of the markets can choose from several live account types, including Direct STP, Prime ECN, and Ultra ECN. You must carefully consider the specifications of each account type before registering. The broker also caters to the needs of Muslim customers with swap-free trading accounts.
| Market | Leverage |
|---|---|
| Currencies | 1000 |
| Stocks | 30 |
| Commodities | 30 |
Demo accounts
Novices can set up their free demo accounts in less than thirty seconds by filling in the registration form or signing up with Facebook, Google, or LinkedIn. Demo accounts enable new customers to test the broker’s services via the MetaTrader 4 or MetaTrader 5 platforms. Pro Trader is listed among the options too. Some features in the client portal are inaccessible in demo mode. Two types of demo account are on offer – Direct STP and Prime ECN.
Demo account holders face a choice of 8 base currencies, more specifically USD, GBP, EUR, CAD, JPY, HKD, NZD, and SGD. The maximum leverage is also configurable, as Moneta Markets provides a choice of six leverage ratios, including 1:100, 1:200, 1:300, 1:400, 1:500, and 1:1,000. Novice traders can start with an initial demo balance ranging from $1,000 to $100,000, depending on their preferences. We recommend you make the most of your training in demo mode because free accounts expire 30 days after registration.
Direct STP accounts
This type of account ensures straight-through-processing (STP) order execution, which translates into improved trading speed and increased efficiency. There is no manual intervention in this case, as all transactions are automated. Direct STP accounts support over 40 currency pairs, 7 bonds, around 19 commodities, 16 indices, and more than 700 stock CFDs. Trading bonds and ETFs is also an option.
They require a minimum deposit of $50, but you can boost your exposure by taking advantage of 1:1,000 maximum leverage. Spreads on Direct STP accounts start from 1.2 pips, with no additional commissions in place. This type of account is ideal for beginners who wish to fine-tune their strategies in a live trading environment.
Prime ECN accounts
Prime accounts support the electronic communication network (ECN) type of order execution, which ensures greater transparency, lower trading costs, and greater market depth. The range of financial instruments coincides with that in Direct STP accounts, which is to say you can trade indices, forex pairs, bonds, shares, commodities, and exchange-traded funds.
However, this type of account is associated with a higher minimum deposit requirement of $200. Due to the ECN nature of order execution, spreads are considerably lower and start at zero pips. On the downside, customers must pay a $3 commission per lot. Prime ECN accounts are a perfect fit for scalpers, as well as for customers looking to trade automatically via expert advisers.
Ultra ECN accounts
The Ultra ECN account is ideal for professional traders and fund managers looking for greater market depth and lightning-fast order-execution speeds. Customers who apply for this type of account must fund it with at least $50,000 to start trading with Moneta Markets. The commissions are slightly higher compared to those on Prime accounts at $1 per lot per side, but the brokerage compensates traders with ultra-low spreads from zero pips.
Traders interested in setting up professional accounts can apply by making the minimum required deposit and filling out the application form on the broker’s website. Certain expertise and experience criteria must be met to gain approval and have the professional account activated. Approved traders must not allow their balance to drop below the above-mentioned minimum amount, or else they will have their accounts downgraded from professional to retail again.
Swap-free accounts
Moneta Markets offers swap-free accounts to customers whose religious beliefs prevent them from paying or collecting interest. With standard accounts, clients typically pay rollover interest, or swaps, for all trading positions that remain open at the end of the trading day. This is not the case with swap-free accounts, where a nominal administration fee is charged instead. With that said, positions that remain open for more than a week may start incurring swap charges from the eighth day onward.
Applicants must register, process a deposit, and fill in the swap-free form before they open any trading positions at Moneta Markets. The broker will then evaluate the applications and activate the accounts of qualifying customers. It is worth mentioning that only Direct STP and Prime ECN accounts allow for swap-free trading at Moneta Markets.
Customer support
Moneta Markets customers benefit from a highly efficient, speedy, and professional support service available in several languages, including French, German, Spanish, Russian, and Portuguese. The broker delivers exceptional customer service via several communication channels, starting with the live chat, which is the quickest way to receive assistance and answers to your queries.
Just tap or click the little blue button in the lower right corner and fill in your name, email, and query. A support agent will be with you shortly after. We tested the chat service on multiple occasions while conducting this review and established that the average response time is less than half a minute. You can also contact the support staff by emailing them at support@monetamarkets.com. Giving them a ring is another option, but the telephone line (+44 113 320 4819) is not toll-free.
Customers who experience any issues with Pro Trader and the two MetaTrader platforms can seek remote assistance via TeamViewer. The third-party software is compatible with multiple operating systems, including Microsoft Windows, Mac, Linux, and Raspberry Pi. Traders must get in touch with a support member via the live chat to provide their TeamViewer ID.
Conclusion
Joining Moneta Markets is an ideal solution for traders looking for competitive spreads and low commissions. The broker offers a decent selection of financial instruments, although there is more to be desired in this respect. It caters to traders of all levels with several account types that offer very favourable conditions, including a swap-free option available to Muslim customers.
We consider this broker suitable for both expert and beginner traders due to the proliferation of educational materials on offer. Registered customers with funded accounts can improve their chances of success by participating in exclusive trading courses for forex and stocks. Over one hundred video tutorials are available, alongside an economic calendar, regular market updates, forex market sentiment data, and calculators. One of the very few downsides of this brokerage is that it does not serve traders from major financial markets such as Australia, the UK, the US, and Canada.