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. Their phone numbers are: United Kingdom: +441133204819, Canada: (888) 442-4106 and International: +61 2 8999 2044. 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.
As with most CFD brokers, the spreads for CFD trading of Crypto Currencies like Bitcoin is $50. Leverage / Margin rates on Bitcoin is limited to 5:1. They offer CFD trading on more than 300 underlying assets, 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 CIMA in the Cayman Islands. 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.
Compare Popular Brokers
There are hundreds of Forex brokers online all vying for your business. Depending on your style of trading, you may like the offering of these brokers.
They are licensed by ASIC, IIROC and the FCA. They offer Free trading signals on their web trading platform. Try a Free Demo at: ForTrade.com.