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Moneta Markets -

Score

5.55 /10
Average

Moneta Markets

South Africa

5-10 years

Regulated in Seychelles

Retail Forex License

MT5 Full License

Regional Brokers

Suspicious Overrun

High potential risk

Offshore Regulated

https://www.monetamarkets.com

Benchmark

AA

Influence

B

Add brokers

Comparison

Quantity 8

Exposure

Open Account
Website

Score

Regulatory Index5.23

Business Index7.03

Risk Management Index0.00

Software Index9.99

License Index5.23

The WikiFX Score of this broker is reduced because of too many complaints!
Open Account
Website

Licenses

VPS Special
*Only support this broker's real account

Dual-core processor

100%

2GRam

100%

60GHarddisk

50%

Open for free

Regulatory disclosure

Danger

ID BAPPEBTI
2022-02-02
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Broker Information

More

Company Name

MONETA MARKETS (PTY) LTD

Company Abbreviation

Moneta Markets

Platform registered country and region

South Africa

Company website

X

Facebook

Instagram

YouTube

Linkedin

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

Download App for complete information

WikiFX Risk Alerts 3
Previous Detection : 2025-06-29
  • The number of the complaints received by WikiFX have reached 7 for this broker in the past 3 months. Please be aware of the risk and the potential scam!
  • This broker exceeds the business scope regulated by South Africa FSCA(license number: 47490)National Futures Association-UNFX Non-Forex License. Please be aware of the risk!
EXPO

WikiFX Survey

Moneta Markets

Hong Kong

WikiFX Verification

Moneta Markets · Benchmark
Average transaction speed(ms)
381.1 Good
The highest transaction speed(ms)
187
The highest speed of opening positions(ms)
187 Good
The highest speed of closing position(ms)
187 Good
The lowest speed of opening positions(ms)
1530 Good
The lowest speed of closing position(ms)
991 Good
Ranking： 29 / 130
Test user 168
Transactions 2,267
Ocuppied margin $867,905 USD
Data Source WikiFX Data provide
Updated: 2025-06-26 01:06:00

Exposure

8 pieces of exposure in total
Pyramid scheme complaint
Expose
Unable to Withdraw

Moneta suddenly charged me $4459.43 Adiminstration

I registered account 3046678 with Moneta and deposited $18360. After one month of trading, Moneta suddenly charged me $4459.43 Adiminstration Fee.

2024-11-15 17:53
Unable to Withdraw

It didn't let me withdraw when I made profits

If you lose your capital it's okay for that but if you make any high profit they will not let you withdraw. I lost 509 usd using my EA, no alert was issued by the broker, but when I adjusted my EA strategy and made profits, it quickly They rejected all my withdrawals. Stay away from this broker.

2024-09-12 01:40
Scam

GLPE OF MONETA AND NEXOBOT IN BRAZIL 2024

After a year of selling an automated trading service, Moneta and Nexobot left several clients without their profitability and without their life savings invested in Moneta PAMM accounts!!! They started selling in April 2023 and in May of this year (2024) they sent a very strange email to all clients stating that they blocked all accounts to stop losses. The result: millions of dollars stolen from many clients. I had $3700 and they deducted $80 from my account. There are users who claim to have lost their life savings, over $100 or $200 thousand dollars!!! It seems that at the time I signed up, Moneta offered insurance coverage of up to $250,000 for Moneta accounts, but I haven't seen my stolen $3700 anymore! A MILLION DOLLAR ROBBERY IN BRAZIL - BEWARE!

2024-11-13 09:05
Resolved

Moneta Markets allowed the PAM

Moneta Markets allowed the PAMM account manager (NexoBot) to DISABLE the display of open trades (Floating Balance/Floating) on its interface, misleading everyone because clients were unaware of these VERY negative open trades. NexoBot (the manager of the PAMM account) hid this huge drawdown from the PAMM account's clients, so that they were unaware of the high financial commitment that existed and, since January 2024, had been making withdrawals difficult for clients, making them practically impossible. When we tried to make withdrawals from Moneta's PAMM account and the manager wouldn't authorize it, we asked them to intervene and take action on behalf of the clients, but they said they couldn't do anything. We believe that Moneta Markets is co-responsible for this disaster, as it allowed such relevant information to be hidden in its own system (PAMM account interface, with a virtual domain bearing its name). There was talk of a protection mechanism by NEXOBOT of up to $250,000.00 per account, this amount could be used by MONETA to compensate the clients who were harmed.

2024-05-04 04:07
Scam

This is a scam platform.

This platform has seized my money. They then locked my account, making it impossible to contact support or withdraw funds. I still have 16000 USD I can't withdraw.

2025-04-23 14:58
Scam

Client Moneta Markets

I've been a Moneta Markets client since 2023 and participated in the NEXOBOT PAMM project. Moneta allowed order masking, turning into a 100% loss in April 2024 (previously 4%/month profit). Moneta failed to audit NEXOBOT, indirectly assisting the fraud affecting +1000 clients. They denied responsibility, covered up mistakes, and lacked transparency. Their Brazilian manager focused on commissions and blocked withdrawals. Total loss > $5 million. Moneta requested complaint removal in exchange for a "recovery" with REALIZE Invest (another disappointment). Their new PAMM account was even less transparent, and their scheme was to remove complaints. Total distrust in Moneta.

2025-05-09 19:45
Scam

Moneta Markets allowed the PAM

Moneta Markets allowed the PAMM account manager (NexoBot) to DISABLE the display of open trades (Floating Balance/Floating) on its interface, misleading everyone because clients were unaware of these VERY negative open trades. NexoBot (the manager of the PAMM account) hid this huge drawdown from the PAMM account's clients, so that they were unaware of the high financial commitment that existed and, since January 2024, had been making withdrawals difficult for clients, making them practically impossible. When we tried to make withdrawals from Moneta's PAMM account and the manager wouldn't authorize it, we asked them to intervene and take action on behalf of the clients, but they said they couldn't do anything. We believe that Moneta Markets is co-responsible for this disaster, as it allowed such relevant information to be hidden in its own system (PAMM account interface, with a virtual domain bearing its name).

2024-05-04 04:38
Unable to Withdraw

Moneta Markets allowed the PAM

Moneta Markets allowed the PAMM account manager (Capital Investing Strategies Ltd / NexoBot) to DISABLE the display of open trades (Floating Balance/Floating) on its interface, misleading everyone, as clients were unaware of these VERY negative open trades. Capital Investing Strategies Ltd (manager of the PAMM account) concealed this huge drawdown from the PAMM account's clients, so that they were unaware of the high financial commitment that existed and, since January 2024, had been making withdrawals difficult for clients, making them practically impossible. When we tried to make withdrawals from Moneta's PAMM account and the manager wouldn't authorize it, we asked them to intervene and take action on behalf of the clients, but they said they couldn't do anything. We believe that Moneta Markets is co-responsible for this disaster, as it allowed such relevant information to be hidden in its own system (PAMM account interface, with a virtual domain bearing its name). There was talk of a protection mechanism by NEXOBOT of up to $250,000.00 per account, this amount could be used by MONETA to compensate the clients who were harmed.

2024-05-04 06:06
    Sources
    Data Source WikiFX Data provide
    Updated: 2025-06-29
    Moneta Markets · Company summary
    Moneta MarketsReview Summary
    Founded2018-07-18
    Registered Country/RegionSouth Africa
    RegulationOffshore Regulated(FSA), Exceeded(FSCA)
    Market InstrumentsForex, Indices, Commodities, Share CFDs, ETFS
    Demo Account✅
    LeverageUp to 1:1000
    SpreadFrom 0.0 pips
    Trading PlatformMobile: MetaTrader 5, MetaTrader 4, AppTraderWeb: PRO Trader
    Min Deposit$50
    Customer Support(24/5)Email: support@monetamarkets.com
    Phone: +44(113)3204819(U.K), +61 2 8330 1233(International)
    Live Chat
    Facebook, Instagram, Twitter, YouTube, LinkedIn

    Moneta Markets Information

    Moneta Markets is a CFD broker that provides 1000+ of the most liquid currencies, indices, commodities, share CFDs, ETFs and more with PRIME ECN spreads from 0.0 pips! Traders can also access MetaTrader 5, MetaTrader 4, AppTrader, and PRO Trader platforms through Moneta Markets. The broker also provides a demo account.

    Moneta Markets Information

    Pros and Cons

    Pros Cons
    Spread as low as 0.0 pipsNo 24-hour customer support
    Leverage up to 1:1000Offshore Regulated
    MT4/MT5 availableSome negative voices: scam
    Demo and Islamic account available
    50% deposit bonus
    24/5 customer support

    Is Moneta Markets Legit?

    Moneta Markets is authorized and offshore regulated by the Seychelles Financial Services Authority(FSA), with License No. is SD144 and the License Type is Retail Forex License, making it safer than unregulated. Financial Sector Conduct Authority(FSCA) regulates Moneta Markets. However, the 'Exceeded' current status is less safe than a regulated one.

    Is Moneta Markets Legit?
    Is Moneta Markets Legit?
    Is Moneta Markets Legit?

    What Can I Trade on Moneta Markets?

    Moneta Markets offers 1000+ market instruments, including 44 FX Pairs, 16 Indices, 19 Commodities, 700+ Share CFDs, 30+ Crypto CFDs, 50+ ETFs, and 7 Bonds.

    Tradable Instruments Supported
    Forex✔
    Commodities✔
    Indices✔
    Currencies✔
    Share CFDs✔
    ETFs✔
    Bonds
    What Can I Trade on Moneta Markets?

    Account Type

    Moneta Markets has three live account types: Direct STP, Prime ECN, and Ultra ECN. Traders who want low spreads and deposits can choose a Prime ECN account, while those with a sufficient budget can open an Ultra ECN account.

    In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Muslims are allowed to open Islamic accounts without swaps.

    Account Type Direct STPPrime ECNUltra ECN
    PlatformPRO Trader, MetaTrader 4, MetaTrader 5, AppTrader
    Range of Markets44 FX Pairs, 16 Indices, 19 Commodities, 700+ Share CFDs, 30+ Crypto CFDs, 50+ ETFs,7 Bonds
    Minimum Deposit$50$50$20,000
    Minimum Volume0.01 Lot0.01 Lot0.01 Lot
    LeverageUp to 1:1000Up to 1:1000Up to 1:1000
    Spreads from1.2 Pips0.0 Pips0.0 Pips
    Commission$0$3 per lot per side$1 per lot per side
    Islamic accountYESYESYES
    Suitable forBeginnersScalpers and EAsProfessional traders andmoney managers
    Stop out50%50%50%
    HedgingYESYESYES

    Moneta Markets Fees

    The spread starts from 0.0 pips, the commission is from 0, and the swap is as low as zero. The lower the spread, the faster the liquidity.

    Leverage

    The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

    Leverage

    Trading Platform

    Traders can conduct financial activities in MT4, MT5, AppTrader, and PRO Trader. Both MT4 and MT5 provide various trading strategies and implement EA systems. Moneta Markets offers trading platforms for mobile and web versions.

    Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).

    Trading PlatformSupported Available Devices Suitable for
    MetaTrader 5✔MobileProfessional traders
    MetaTrader 4✔MobileJunior traders
    AppTrader✔MobileAll traders
    PRO Trader✔WebAll traders

    Deposit and Withdrawal

    The first deposit amount must be $50 or above. Moneta Markets accepts International EFT, Credit/Debit Cards (Visa and MasterCard), FasaPay, JCB, Sticpay, and more for deposit. Withdrawal will be processed within 1-3 business days.

    Deposit and Withdrawal

    Bonus

    Traders who deposit $500 or more into their real account will receive a 50% bonus.

    News

    NewsMoneta Markets Plans Prop Trading Division, Seeks General Manager

    Moneta Markets announces prop trading expansion, hiring a General Manager to lead its new Dubai-based prop trading firm. Learn about their strategy and recruitment plans.

    WikiFX
    2025-06-24 16:33
    Moneta Markets Plans Prop Trading Division, Seeks General Manager

    NewsMoneta Markets Launches UAE Share CFDs, Expanding Trading Opportunities

    Moneta Markets launches UAE Share CFDs, giving traders access to top ADX companies with flexibility, security, and trust in the UAE’s growing economy.

    WikiFX
    2025-04-14 15:45
    Moneta Markets Launches UAE Share CFDs, Expanding Trading Opportunities

    NewsMoneta Markets Introduces Game-Changing Cashback Bonus Promotion

    Discover Moneta Markets' innovative Cashback Bonus Promotion, a unique twist on standard Forex bonuses, offering active traders impressive rewards.

    WikiFX
    2023-08-11 16:13
    Moneta Markets Introduces Game-Changing Cashback Bonus Promotion

    News“Moneta Markets is spreading its wings into Dubai”- Moneta Markets Founder and CEO

    Moneta Markets Broker broadens its offerings in Dubai. Moneta Markets is beginning the next stage of its planned international growth. This significant achievement represents the beginning of an exciting new chapter in Moneta Markets' goal to become a major financial brokerage player in the Middle East region.

    WikiFX
    2023-07-19 19:35
    “Moneta Markets is spreading its wings into Dubai”- Moneta Markets Founder and CEO
    About More

    User Reviews

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    User comment

    43

    Comments

    Write a review

    John
    0-3months
    我的帐户于6月19日，6830美金被冻结，无法登陆、无法出金。平台给出理由是违规交易，但却没有明确具体是怎样违规。我认为是盈利多了，被禁止出金，是否违规都只是平台一面之词。平台后来又提到外部对冲交易，我不理解，平台也没有给出具体解释和证据，就随意冻结投资者账户、并且扣押资金。 目前帐户已被平台划扣2000美金利润，仅剩下4800美金入金。 我对平台非常失望，我的诉求是1、关闭账户；2、退还账户中所有资金！被恶意划扣利润前的总资金是6830美元（附图）； 我已报警备案诈骗，民警让我先行沟通尝试出金，若后续依然无法出金，公安将会介入处理。我也会去到澳洲报警请求帮助，以维护投资者权益。 恳请外汇天眼和监管机构，协助处理出金事宜！感谢！再次感谢！
    我的帐户于6月19日，6830美金被冻结，无法登陆、无法出金。平台给出理由是违规交易，但却没有明确具体是怎样违规。我认为是盈利多了，被禁止出金，是否违规都只是平台一面之词。平台后来又提到外部对冲交易，我不理解，平台也没有给出具体解释和证据，就随意冻结投资者账户、并且扣押资金。 目前帐户已被平台划扣2000美金利润，仅剩下4800美金入金。 我对平台非常失望，我的诉求是1、关闭账户；2、退还账户中所有资金！被恶意划扣利润前的总资金是6830美元（附图）； 我已报警备案诈骗，民警让我先行沟通尝试出金，若后续依然无法出金，公安将会介入处理。我也会去到澳洲报警请求帮助，以维护投资者权益。 恳请外汇天眼和监管机构，协助处理出金事宜！感谢！再次感谢！
    Translate to English
    2025-06-24 11:11
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    John
    0-3months
    帐户于6月19日被冻结、无法出金，平台给出理由是交易违规，却没有说明如何违规。现6月20日，发现帐户2千多美金利润已经被平台划扣，仅仅剩下4800美金入金。我的诉求是，接受清退，但帐户里的资金必须全部退回给我。
    帐户于6月19日被冻结、无法出金，平台给出理由是交易违规，却没有说明如何违规。现6月20日，发现帐户2千多美金利润已经被平台划扣，仅仅剩下4800美金入金。我的诉求是，接受清退，但帐户里的资金必须全部退回给我。
    Translate to English
    2025-06-20 15:33
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