Moneta Markets review
Regulation, trading conditions, fees, platforms and user experiences
- Editorial score
- 8.3/10How we scored Moneta Markets
- User rating
- No user ratings yet
- Regulatory status
- FCAFSCA (South Africa)FSC (Mauritius)CMA (UAE)
- Country
- South Africa
- Established
- Established 2020
- Website
- monetamarkets.com
Moneta Markets may have a commercial relationship with 88 Forex Brokers. Paid placement is labelled separately and does not allow payment alone to determine the editorial score.
Moneta Markets is a forex and CFD broker associated with South Africa. This profile reviews its regulatory records, trading conditions, platforms, fees and available user reports.
Moneta Markets is workable, with clear compromises. Regulated by FCA UK (613381); FSCA South Africa (47490); FSC Mauritius (GB24203391); UAE CMA Category 5 (20200000459); Saint Lucia IBC registration (2023-00068), offering MetaTrader 4, MetaTrader 5, PRO Trader, AppTrader. What follows is drawn from the broker's own published material and covers the things that decide the account you end up with: who oversees them, what trading actually costs, and where the compromises sit.
Moneta Markets at a glance
- Broker name
- Moneta Markets
- Established
- 2020
- Headquarters
- Johannesburg, South Africa
- Legal entities
- Moneta Markets (Pty) Ltd
- Regulatory status
- Regulated
- Minimum deposit
- $50
- Maximum leverage
- 1:1000
- Trading platforms
- MetaTrader 4, MetaTrader 5, Proprietary platform
- Markets offered
- Forex, Metals, Commodities, Indices, Shares, ETFs, Bonds, Cryptocurrency CFDs
- Account types
- Direct STP, Prime ECN, Ultra ECN, Islamic/Swap-Free, Demo
- Demo account
- Available
- Islamic account
- Available
- Customer support
- Live chat, email, phone, 24/5
- Official website
- monetamarkets.com
Our view of Moneta Markets
Moneta Markets stands out for an FCA licence, raw spreads from 0.0 pips, a low minimum deposit of $50 and MetaTrader 4 and 5. Its suitability depends on the legal entity available in your country, the protection attached to that entity and whether its pricing and platform range match how you intend to trade.
No specific limitation has been recorded, but this does not remove the need to verify the account entity and terms.
Who Moneta Markets may suit
Moneta Markets may suit traders looking for a tier-one licence behind the account, raw spreads with a commission, a small first deposit and copy trading.
What stands out
- An FCA licence
- Raw spreads from 0.0 pips
- A low minimum deposit of $50
- MetaTrader 4 and 5
- Copy trading
- Automated trading support
- API access
- Negative balance protection
- A compensation scheme
- A wide range of markets
What to consider
No specific limitation has been recorded, but this does not remove the need to verify the account entity and terms.
What traders report about Moneta Markets
There are not enough eligible ratings to publish an aggregate user rating for Moneta Markets.
- Open cases
- 0
- Broker responded
- 0
- Resolved
- 0
- Unresolved
- 0
Community metrics describe the published dataset and do not establish that every client will have the same experience.
Read all reviewsView complaintsWrite a reviewSubmit a complaint
How Moneta Markets scored
The editorial score is calculated from the broker information and assessment criteria described in our scoring methodology. It is separate from user ratings and sponsored placement.
Category scores may be unavailable where there is not enough reliable information. The overall score should not be treated as a guarantee of safety, performance or suitability.
Read the full editorial reviewCompare Moneta Markets with other brokers