Is Moneta Markets regulated?

Yes. Moneta Markets Capital Ltd is regulated by the UK FCA, Moneta Markets (Pty) Ltd by South Africa's FSCA, and Moneta Markets Trading Limited by the FSC in Mauritius. Another entity is registered in Saint Lucia.

Is Moneta Markets safe?

It is a legitimate broker with segregated client funds and negative balance protection. Safety depends on your entity. UK clients get FCA protection and FSCS cover, while international clients get lighter offshore oversight.

What is the minimum deposit at Moneta Markets?

$50 for Direct STP and Prime ECN. Ultra ECN needs $20,000.

Which Moneta Markets account is best?

For most traders, Prime ECN. It has the same $50 minimum as Direct STP but cost us about $6 less per lot on EUR/USD.

How fast are Moneta Markets withdrawals?

Our USDT withdrawal arrived in 1 hour 52 minutes, SticPay in just over five hours, and a card refund in four business days. Moneta charged no fees.

What leverage does Moneta Markets offer?

Up to 1:1000 through the offshore entities, 1:500 on Ultra ECN, and 1:30 for UK retail clients on major forex pairs.

Does Moneta Markets offer TradingView?

Yes, through ProTrader 2.0 on the web and AppTrader on mobile. Both use TradingView charts but run-on Moneta's own trading system.

Can I use Expert Advisors with Moneta Markets?

Yes. MT4 and MT5 support EAs, scalping, and hedging, and a free VPS is available if you meet the $500 balance and five-lot target.

Does Moneta Markets offer Islamic accounts?

Yes. Direct STP and Prime ECN can be switched to swap-free. An admin fee may apply on longer holds.

Is Moneta Markets good for beginners?

It is easy to open and cheap to start, and the demo is quick to set up. Beginners should note the basic education and the risks of high leverage. Start on the demo, then move to a Prime ECN account with leverage of 1:100 or lower.

Who owns Moneta Markets?

Moneta Markets was founded by David Bily, who is still CEO. It started inside the Vantage group in 2019 and became independent in 2022. Its UK entity is owned by Moneta Markets Excellence Holding Limited.

Is Moneta Markets an ECN broker?

Its Prime ECN and Ultra ECN accounts use no-dealing-desk execution with raw spreads from liquidity providers. Our test showed balanced slippage and no requotes, which supports that claim. Direct STP is a marked-up spread account.

Does Moneta Markets charge an inactivity fee?

No. We found no inactivity or account maintenance fee in the client agreement or the fee schedule.

Does Moneta Markets accept US clients?

No. US residents cannot open an account, and most EU and EEA residents are also turned away because the broker holds no EU license.

Does Moneta Markets offer a deposit bonus?

Offshore clients may get a 50% bonus on deposits of $500 or more. The bonus credit cannot be withdrawn and comes with volume targets. We suggest you decline it unless you have read every rule.

Does Moneta Markets have copy trading?

Yes. It offers a copy-trading app for followers and a PAMM system that lets money managers run an unlimited number of client accounts.

Can I trade crypto with Moneta Markets?

Yes, through 30+ crypto CFDs such as Bitcoin, Ethereum, and Solana on the offshore entities. UK retail clients cannot trade crypto CFDs because of FCA rules.

Does Moneta Markets have a demo account?

Yes. You can open an MT4, MT5, or ProTrader demo with just an email address in about two minutes. It uses live prices.

Moneta Markets Review 2026: Is It Safe? Real Trading Results

Written by

Robert Petrucci

Reviewed by

Christopher Lewis

Fact checked by

Kenny Fisher

Created on: 10/25/2026

Last updated: 10/25/2026

Overall Rating

3.9/5

BP Score™

78/100

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Risk warning: CFD trading carries a high risk of rapid losses due to leverage. Most retail investors lose money trading CFDs. Make sure you understand how CFDs work and can afford the risk of losing your money.

Moneta Markets

Key Highlights

Four regulated or registered entities – FCA (UK) since August 2025, FSCA (South Africa), FSC (Mauritius), and a Saint Lucia company for international clients. Your country decides which one you join
Three live accounts – Direct STP (no commission, from 1.2 pips), Prime ECN (from 0.0 pips plus $3 per side), and Ultra ECN (from 0.0 pips plus $1 per side, $20,000 to open)
$50 entry point on both Direct STP and Prime ECN, so the raw-spread account is open to small traders
1,000+ CFDs across forex, indices, commodities, 700+ share CFDs, ETFs, bonds, and crypto
MT4, MT5, ProTrader 2.0 (relaunched in July 2026 on TradingView charts), and the AppTrader mobile app
Leverage up to 1:1000 through the offshore entities; 1:30 for UK retail clients
Free VPS for clients who keep $500 in the account and trade at least five standard lots a month
Swap-free versions of the trading accounts for clients who cannot pay or earn overnight interest
Copy trading and PAMM tools for people who follow or manage other traders

What Is Moneta Markets?

Moneta Markets is an online broker that allows retail and professional traders to trade CFDs. Traders can bet on price changes without owning the actual assets. It does not sell real shares or futures to retail clients. You trade CFDs on forex pairs, stock indices, gold, oil, individual stocks, ETFs, bonds, and some cryptocurrencies.

Moneta Markets started in 2019 as a sister company of Vantage. In 2022, founder and CEO David Bily separated it from the group to operate it independently.

Since then, Moneta Markets has moved its main base to Dubai and continued to expand its regulatory licenses. In August 2025, the UK’s FCA approved Moneta Markets’ purchase of VIBHS Financial Ltd. That firm was renamed Moneta Markets Capital Ltd in October 2025 and now serves UK clients under FCA rules.

The UK business remains small. Revenue doubled to £780,000 in the year to March 2026, and the company returned to profit. The FCA license is active, but most of Moneta’s business still operates through its South African, Mauritian, and Saint Lucia entities.

Moneta Markets targets traders who want low costs and fast execution. Its main offer is the Prime ECN account, with spreads from 0.0 pips, a $3 commission per side, and a $50 minimum deposit. Few brokers offer raw spreads with such a low starting deposit.

Moneta has also expanded beyond its core trading services. It launched the updated ProTrader 2.0 web platform with TradingView charts in July 2026 and introduced Moneta Funded, a prop trading service on Match-Trader, in January 2026. In 2025, it also partnered with Atlético de Madrid to promote its brand in the Asia-Pacific region.

Moneta Markets offers over 1,000 instruments. Traders can use MetaTrader 4, MetaTrader 5, or its own web platform, ProTrader 2.0, which uses TradingView charts.

We spent 30 trading days with real money by registering two Moneta Markets accounts. We checked spreads every five minutes. We placed 300 live market orders, made three withdrawals, and asked support six questions. This review uses our test results and a fresh check of the broker’s claimed licenses.

Pros & Cons

Pros

Prime ECN raw-spread account from just $50, with an all-in EUR/USD cost of about $7.60 per lot
Strong gold pricing: 0.11 average spread on Prime ECN, level with Pepperstone
74 ms average fills in London, zero requotes, and balanced slippage across 300 live orders
FCA license for UK clients since 2025, plus FSCA and FSC Mauritius coverage
ProTrader 2.0 brings smooth TradingView-style trading to the browser
No deposit, withdrawal, or inactivity fees from the broker
Fast crypto and e-wallet withdrawals; our USDT request arrived in under two hours
Free VPS with a reachable target of $500 and five lots a month
24/7 multilingual live chat with replies in under two minutes
Ten base currencies and many local payment options for Asian traders

Cons

Most international clients join the FSC Mauritius or Saint Lucia entity, with no compensation scheme
Direct STP spreads are only average at 1.36 pips on EUR/USD
Index CFD spreads were the widest in our comparison group
Overnight swaps were the most expensive of the five brokers we benchmarked
Bonus terms cause most of the complaints we read, and bonus questions took support a day to answer
Education is basic, and some research tools need a $500 balance
AppTrader lags behind ProTrader 2.0 on features
No public API, and ProTrader cannot run automated strategies

BP Score™ Breakdown

Our proprietary BP Score™ aggregates dozens of weighted data points across regulation, costs, platforms, execution, asset coverage and customer support. Moneta Markets earns a final score of 78/100.

regulation & Trust

7/10

FCA and FSCA licenses are real pluses, but most clients join the offshore entity with lighter oversight

trading Costs

8/10

Prime ECN is cheap from $50 and gold is excellent; Direct STP, index spreads, and swaps hold it back

platforms & Tools

8/10

MT4, MT5, and a strong ProTrader 2.0; AppTrader and the missing API cost a point

execution Speed

8/10

74 ms average, zero requotes, and fair slippage; slower in the Asian session

asset Coverage

8/10

1,000+ CFDs with a strong share list; fewer commodities than the biggest brokers

customer Support

8/10

Fast 24/7 chat in many languages; bonus questions were slow to resolve

Frequently Asked Questions

Quick answers to the most common questions about Moneta Markets in 2026.

Written by

Robert Petrucci

Robert Petrucci has worked in the Forex, commodity, and financial profession since 1993. Important aspects of his work involve risk analysis and advisory services. As an advisor in a Family Office he maintains a conservative approach for wealth management and investments. Robert also works in private finance with investors and companies delivering financial and management services.

Reviewer

Christopher Lewis

Christopher Lewis is a Columbus, OH-based Forex trader who enjoys trading a wide range of pairs from the traditional EUR/USD to more exotic USD/RUB, and many things in between. Unlike many Forex traders who prefer to trade in a specific market session, Christopher takes advantage of the flexibility provided by the currency markets, and he trades in all sessions, most often when he’s taking a study break from pursuing degrees in both finance and computer science.

Fact-checker

Kenny Fisher

Kenny started his career in forex working in the sales and marketing department at a major forex broker and has worked as a market analyst for 12 years. With a legal editing background, Kenny has combined his writing skills and finance expertise to produce top-quality articles. Kenny covers a wide range of topics, including global stock markets, commodities and currencies, with focus on fundamental and macro-economic analysis. Kenny’s articles have been carried by OANDA, Investing.com, Seeking Alpha and FXStreet. Kenny holds a Bachelor of Law from Ogoode Hall Law School in Toronto, Canada.

Written by

Robert Petrucci

Reviewer

Christopher Lewis

Fact-checker

Kenny Fisher

Final Verdict: Start Trading with Moneta Markets

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Risk warning: Trading derivatives and leveraged products carries a high level of risk and may not be suitable for all investors. You should consider whether you understand how these products work and whether you can afford to take the high risk of losing your money.