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Moneta Markets -

Score

5.54 /10
Average

Moneta Markets

South Africa

5-10 years

Regulated in Seychelles

Retail Forex License

MT5 Full License

Suspicious Overrun

High potential risk

Offshore Regulated

https://www.monetamarkets.com

Benchmark

AA

Influence

B

Add brokers

Comparison

Quantity 7

Exposure

Open Account
Website

Score

Regulatory Index5.23

Business Index6.98

Risk Management Index0.00

Software Index9.99

License Index5.23

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Special
*Only support this broker's real account

Dual-core processor

100%

2GRam

100%

60GHarddisk

50%

Open for free

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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Broker Information

More

Company Name

MONETA MARKETS (PTY) LTD

Company Abbreviation

Moneta Markets

Platform registered country and region

South Africa

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 3
Previous Detection : 2025-04-30
  • The number of the complaints received by WikiFX have reached 6 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 47490)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
EXPO

WikiFX Survey

Moneta Markets

Hong Kong

WikiFX Verification

Moneta Markets · Benchmark
Average transaction speed(ms)
394.8 Good
The highest transaction speed(ms)
187
The highest speed of opening positions(ms)
187 Good
The highest speed of closing position(ms)
187 Good
The lowest speed of opening positions(ms)
1189 Great
The lowest speed of closing position(ms)
1144 Good
Ranking： 24 / 125
Test user 143
Transactions 2,328
Ocuppied margin $846,301 USD
Data Source WikiFX Data provide
Updated: 2025-04-28 01:04:00

Exposure

7 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Moneta suddenly charged me $4459.43 Adiminstration

I registered account 3046678 with Moneta and deposited $18360. After one month of trading, Moneta suddenly charged me $4459.43 Adiminstration Fee.

Edoardo
2024-11-15 17:53
Scam

This is a scam platform.

This platform has seized my money. They then locked my account, making it impossible to contact support or withdraw funds. I still have 16000 USD I can't withdraw.

jikaytrader
2025-04-23 14:58
Unable to Withdraw

It didn't let me withdraw when I made profits

If you lose your capital it's okay for that but if you make any high profit they will not let you withdraw. I lost 509 usd using my EA, no alert was issued by the broker, but when I adjusted my EA strategy and made profits, it quickly They rejected all my withdrawals. Stay away from this broker.

DANIEL6448
2024-09-12 01:40
Scam

GLPE OF MONETA AND NEXOBOT IN BRAZIL 2024

After a year of selling an automated trading service, Moneta and Nexobot left several clients without their profitability and without their life savings invested in Moneta PAMM accounts!!! They started selling in April 2023 and in May of this year (2024) they sent a very strange email to all clients stating that they blocked all accounts to stop losses. The result: millions of dollars stolen from many clients. I had $3700 and they deducted $80 from my account. There are users who claim to have lost their life savings, over $100 or $200 thousand dollars!!! It seems that at the time I signed up, Moneta offered insurance coverage of up to $250,000 for Moneta accounts, but I haven't seen my stolen $3700 anymore! A MILLION DOLLAR ROBBERY IN BRAZIL - BEWARE!

FX2713451314
2024-11-13 09:05
Sources
Data Source WikiFX Data provide
Updated: 2025-04-30
Moneta Markets · Company summary
Moneta MarketsReview Summary
Founded2018-07-18
Registered Country/RegionSouth Africa
RegulationOffshore Regulated(FSA), Exceeded(FSCA)
Market InstrumentsForex, Indices, Commodities, Share CFDs, ETFS
Demo Account✅
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformMobile: MetaTrader 5, MetaTrader 4, AppTraderWeb: PRO Trader
Min Deposit$50
Customer Support(24/5)Email: support@monetamarkets.com
Phone: +44(113)3204819(U.K), +61 2 8330 1233(International)
Live Chat
Facebook, Instagram, Twitter, YouTube, LinkedIn

Moneta Markets Information

Moneta Markets is a CFD broker that provides 1000+ of the most liquid currencies, indices, commodities, share CFDs, ETFs and more with PRIME ECN spreads from 0.0 pips! Traders can also access MetaTrader 5, MetaTrader 4, AppTrader, and PRO Trader platforms through Moneta Markets. The broker also provides a demo account.

Moneta Markets Information

Pros and Cons

Pros Cons
Spread as low as 0.0 pipsNo 24-hour customer support
Leverage up to 1:1000Offshore Regulated
MT4/MT5 availableSome negative voices: scam
Demo and Islamic account available
50% deposit bonus
24/5 customer support

Is Moneta Markets Legit?

Moneta Markets is authorized and offshore regulated by the Seychelles Financial Services Authority(FSA), with License No. is SD144 and the License Type is Retail Forex License, making it safer than unregulated. Financial Sector Conduct Authority(FSCA) regulates Moneta Markets. However, the 'Exceeded' current status is less safe than a regulated one.

Is Moneta Markets Legit?
Is Moneta Markets Legit?
Is Moneta Markets Legit?

What Can I Trade on Moneta Markets?

Moneta Markets offers 1000+ market instruments, including 44 FX Pairs, 16 Indices, 19 Commodities, 700+ Share CFDs, 30+ Crypto CFDs, 50+ ETFs, and 7 Bonds.

Tradable Instruments Supported
Forex✔
Commodities✔
Indices✔
Currencies✔
Share CFDs✔
ETFs✔
Bonds
What Can I Trade on Moneta Markets?

Account Type

Moneta Markets has three live account types: Direct STP, Prime ECN, and Ultra ECN. Traders who want low spreads and deposits can choose a Prime ECN account, while those with a sufficient budget can open an Ultra ECN account.

In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Muslims are allowed to open Islamic accounts without swaps.

Account Type Direct STPPrime ECNUltra ECN
PlatformPRO Trader, MetaTrader 4, MetaTrader 5, AppTrader
Range of Markets44 FX Pairs, 16 Indices, 19 Commodities, 700+ Share CFDs, 30+ Crypto CFDs, 50+ ETFs,7 Bonds
Minimum Deposit$50$50$20,000
Minimum Volume0.01 Lot0.01 Lot0.01 Lot
LeverageUp to 1:1000Up to 1:1000Up to 1:1000
Spreads from1.2 Pips0.0 Pips0.0 Pips
Commission$0$3 per lot per side$1 per lot per side
Islamic accountYESYESYES
Suitable forBeginnersScalpers and EAsProfessional traders andmoney managers
Stop out50%50%50%
HedgingYESYESYES

Moneta Markets Fees

The spread starts from 0.0 pips, the commission is from 0, and the swap is as low as zero. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Leverage

Trading Platform

Traders can conduct financial activities in MT4, MT5, AppTrader, and PRO Trader. Both MT4 and MT5 provide various trading strategies and implement EA systems. Moneta Markets offers trading platforms for mobile and web versions.

Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).

Trading PlatformSupported Available Devices Suitable for
MetaTrader 5✔MobileProfessional traders
MetaTrader 4✔MobileJunior traders
AppTrader✔MobileAll traders
PRO Trader✔WebAll traders

Deposit and Withdrawal

The first deposit amount must be $50 or above. Moneta Markets accepts International EFT, Credit/Debit Cards (Visa and MasterCard), FasaPay, JCB, Sticpay, and more for deposit. Withdrawal will be processed within 1-3 business days.

Deposit and Withdrawal

Bonus

Traders who deposit $500 or more into their real account will receive a 50% bonus.

News

NewsMoneta Markets Launches UAE Share CFDs, Expanding Trading Opportunities

Moneta Markets launches UAE Share CFDs, giving traders access to top ADX companies with flexibility, security, and trust in the UAE’s growing economy.

WikiFX
2025-04-14 15:45
Moneta Markets Launches UAE Share CFDs, Expanding Trading Opportunities

NewsMoneta Markets Introduces Game-Changing Cashback Bonus Promotion

Discover Moneta Markets' innovative Cashback Bonus Promotion, a unique twist on standard Forex bonuses, offering active traders impressive rewards.

WikiFX
2023-08-11 16:13
Moneta Markets Introduces Game-Changing Cashback Bonus Promotion

News“Moneta Markets is spreading its wings into Dubai”- Moneta Markets Founder and CEO

Moneta Markets Broker broadens its offerings in Dubai. Moneta Markets is beginning the next stage of its planned international growth. This significant achievement represents the beginning of an exciting new chapter in Moneta Markets' goal to become a major financial brokerage player in the Middle East region.

WikiFX
2023-07-19 19:35
“Moneta Markets is spreading its wings into Dubai”- Moneta Markets Founder and CEO

NewsMoneta Markets Launched Cutting-Edge Trading App

Moneta Markets, a major worldwide CFD brokerage, is announced the launch of Moneta Markets AppTrader, a cutting-edge trading app. The app bridges the gap between financial markets and traders globally and provides unique on-the-go access to over 1,000 FX pairs, Share CFDs, Indices, Commodities, Bonds, and ETFs, with ECN spreads starting at 0.0 pips.

WikiFX
2023-07-14 15:55
Moneta Markets Launched Cutting-Edge Trading App

NewsMoneta Markets Granted Seychelles FSA License: A Major Milestone in its International Growth Journey

Moneta Markets secures Seychelles FSA License, solidifying its global expansion drive. The move underscores commitment to client trust and secure financial services.

WikiFX
2023-06-26 15:45
Moneta Markets Granted Seychelles FSA License: A Major Milestone in its International Growth Journey

NewsMoneta Markets Has Just Increased Its Maximum Available Leverage To 1000:1

A statement was released by Moneta Markets in regards to the increase of their maximum leverage to 1000:1.

WikiFX
2023-01-16 16:55
Moneta Markets Has Just Increased Its Maximum Available Leverage To 1000:1

NewsMoneta Markets Bolsters Its Social Trading Offering With the Launch of Its Zulutrade Integration

We caught up with the broker’s founder, David Bily, to chat about Moneta Markets’ partnership with Zulu.

WikiFX
2022-11-07 15:43
Moneta Markets Bolsters Its Social Trading Offering With the Launch of Its Zulutrade Integration

NewsMoneta Markets Launches a New Asset Class of 7 Bonds to Their Range of Products

Popular Forex and CFD broker, Moneta Markets, has just announced the launch of 7 new bonds to its range of 1000+ tradable products.

WikiFX
2022-11-02 11:11
Moneta Markets Launches a New Asset Class of 7 Bonds to Their Range of Products
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User Reviews

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User comment

36

Comments

Write a review

HxIn
more than one year
Quite a decent broker from Australia, pricing and execution were surprisingly good, no issues with deposits or withdrawals so far. Had some trouble with changing the leverage but that was sorted out pretty quickly, thanks Moneta Markets!
Quite a decent broker from Australia, pricing and execution were surprisingly good, no issues with deposits or withdrawals so far. Had some trouble with changing the leverage but that was sorted out pretty quickly, thanks Moneta Markets!
Translate to English
2023-02-14 10:25
1
0
0
mohammad425
more than one year
یکی ا* *و**ان* *ع**ی ک**ه و گ** *ه ک*ور ایران خدمات میدهد و واقعا خوشحالم که در این بروکر مشغول هستم
یکی ا* *و**ان* *ع**ی ک**ه و گ** *ه ک*ور ایران خدمات میدهد و واقعا خوشحالم که در این بروکر مشغول هستم
Translate to English
2024-04-25 15:02
1
0
0
7