Moneta Markets at a glance
Moneta Markets is a multi-jurisdictional forex and CFD broker offering Forex, Indices, Commodities, Share CFDs, Bonds and ETFs through MT4, MT5, PRO Trader and AppTrader.
Moneta Markets reports a founding year of 2019 and a head office in South Africa. It lists 4 regulators and 4 trading platforms.
BrokerBazaar verdict
Moneta Markets has a meaningful multi-jurisdictional structure, including FCA regulation in the UK, FSCA regulation in South Africa and FSC regulation in Mauritius. However, the protection available to a trader depends critically on the legal entity assigned to the account, and the main international website expressly states that it is not covered by UK FCA protections.
Legal entities, regulation and licences
Moneta Markets operates through 5 legal entities, each supervised separately. Your account is with one specific entity, so the protections you receive depend on which one onboards you, not on the group's strongest licence. Overall, the group is supervised by moderate-tier regulators only.
Licence check: Not independently checked. This broker has submitted its details. BrokerBazaar has not yet independently checked them. A company registration or general business licence is not permission to offer regulated brokerage services; only the register entries linked in the table count.
Countries accepted and restricted
Moneta Markets states that it accepts clients from South Africa, Saint Lucia. Availability is decided per entity and can change without notice; residents of jurisdictions such as the USA, and often the EU and UK, are frequently excluded from offshore entities.
Trading products, platforms and account types
Instruments: Forex, Indices, Commodities, Share CFDs, Bonds, ETFs. Platforms: MT4, MT5, PRO Trader, AppTrader. Account types: Standard STP, Prime (Raw), Ultra ECN.
Best-for tags assigned by our team: Low Spreads, MetaTrader, Copy Trading, Low Deposit.
Minimum deposit, spreads, commissions and other charges
The minimum deposit is $50. Spreads start from 0.0 pips and commission is None (standard) · $0 (raw). Maximum leverage is 1:1000, subject to the cap of the entity that holds your account.
Swap-free / Islamic account: available (conditional). Swap type: not specified. Headline spreads are usually quoted for the most expensive account tier's cheapest instrument; compare total cost for your typical trade.
Deposits and withdrawals
Deposit methods: Bank Transfer, Credit Card, Skrill, Neteller. Withdrawal methods: Bank Transfer, Credit Card, Skrill, Neteller.
Withdrawal speed and fees are set by the entity and payment provider. Withdrawal delays are the most common complaint category on BrokerBazaar across all brokers; keep identity documents current and withdraw to the same method you deposited with where required by anti-money-laundering rules.
Execution model, negative balance protection and client money
Negative balance protection: Not specified. Scalping allowed: Yes. Algorithmic trading allowed: Yes. News trading allowed: Not specified. Hedging: not specified. These conditions were compiled from public information and have not yet been confirmed by the broker.
Client-money rules follow the regulator of the entity that holds your account: CMA: Segregation of client funds required. Compensation: No central compensation scheme.
Complaints and dispute process
Formal complaints: support@monetamarkets.com. Phone: +44 113 320 4819. Complaint Process Note: Clients should submit disputes or complaints from their registered email address to support@monetamarkets.com. The complaint should include the client's full legal name, trading account number or registered email, relevant screenshots where applicable, and order number for trading-related matters. The current public complaint guidance does not establish one universal acknowledgement or resolution deadline for all Moneta Markets entities, so no unsupported timeframe has been entered.
If the broker does not resolve a complaint, escalate to the ombudsman or regulator of the entity that holds your account. BrokerBazaar's Dispute Support Desk can help you document and escalate a case.
Strengths and limitations
- Strength: Raw spreads from 0.0 pips
- Strength: Low minimum deposit
- Strength: MT4 and MT5 support
- Strength: Copy-trading tools
- Limitation: Offshore entity for many clients
- Limitation: Limited tier-1 regulation
- Limitation: Inactivity fee applies
Who this broker suits, and who it does not
Moneta Markets is most relevant to traders looking for: Low Spreads, MetaTrader, Copy Trading, Low Deposit.
It is less suitable for anyone who needs a strict-tier regulator in their own country of residence, for residents of restricted jurisdictions, and for beginners who have not yet understood leverage and margin. Nothing on this page is personal financial advice.
Moneta Markets change history
Every published fact change, with the previous value and the date it took effect. Each entry says whether the broker made the change itself or our editors checked it against an official source. Regulation and licence claims are always checked by an editor.
No fact changes recorded for Moneta Markets yet. Changes appear here as soon as the broker updates its profile or our editors confirm a change.
Frequently asked questions about Moneta Markets
Data sources. Broker submission, the regulator registers linked above, web-archive and domain records, and third-party traffic data. No independent licence check date is recorded yet. External ratings: Trustpilot 4.4/5; Forex Peace Army 4.238/5; WikiFX 7.77/10; Google Play Store 4/5; Apple App Store 5/5.
Commercial disclosure. BrokerBazaar is independent and not owned by any broker. We have no commercial relationship with Moneta Markets. How we make money. Trading leveraged products carries a high risk of loss.