Moneta Markets is a Forex & Crypto CFD broker, that opened in February of 2020.
Owned and operated by the Vantage Group, they are located at: 42 N Church St, 4th Floor, The Harbour Centre, George Town, Cayman Islands. Contact phone numbers are; United Kingdom: +441133204819 or Australia: +61 2 8330 1233. Customer support email is [email protected].
Official brokers website is: https://MonetaMarkets.com.
Moneta Markets Broker Review
Our review of the brokers Moneta Markets finds that they are a new brand, from the same company as VantageFX. With this new broker, they chose to use the PandaTS trading platform, which is a very simple and user friendly trading platform. Many brokers offer this trading platform, and the difference at Moneta is the spreads they are offering.
Experienced traders will find the popular MT4 and MT5 trading platform available in Desktop, and mobile versions. The spread on CFD trading of Crypto Currencies like Bitcoin is variable, and the Leverage / Margin rates offered on BTCUSD is up to 5:1. Moneta offers CFD trading on more than 300 underlying assets in various categories, with margin rates as high as 500:1.
Minimum initial deposit for a new trading account is $200, and you can easily get a Free demo trading account, see here.
Is Moneta Markets a Legit Broker?
The way we review a new broker is by checking to see if they display a license on their website. In the case of Moneta Markets, they are showing a license from VFSC in Vanuatu. They do not accept investors from Australia. It is always important to trade with a broker that is licensed and regulated in your country. You can read reviews of more licensed Forex brokers, listed here.
- Vantage International Group Limited is regulated by the Cayman Islands Monetary Authority (CIMA), license 1383491.
- Vantage Global Limited is regulated by VFSC, Reg No 700271, and located at: iCount Building, Kumul Highway, Port Vila, Vanuatu.
If you are already investing with Moneta brokers, please share your experience with other people, in the comment section below.
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