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Moneta Markets -

Score

6.45 /10
Average

Moneta Markets

South Africa

5-10 years

Regulated in Seychelles

Retail Forex License

MT5 Full License

Global Business

Suspicious Overrun

Medium potential risk

Offshore Regulated

https://www.monetamarkets.com

Benchmark

AAA

Influence

A

Add brokers

Comparison

Quantity 6

Exposure

Open Account
Website

Score

Regulatory Index5.23

Business Index6.92

Risk Management Index7.63

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
Ministry of Trade Blocks 1,222 Illegal Commodity Futures Trading Websites
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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 : 2025-02-23
  • 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!
  • The Seychelles FSA regulation with license number: SD144 is an offshore regulation. Please be aware of the risk!

WikiFX Verification

Moneta Markets · Benchmark
Average transaction speed(ms)
339.1 Great
The highest transaction speed(ms)
194
The highest speed of opening positions(ms)
194 Good
The highest speed of closing position(ms)
196 Good
The lowest speed of opening positions(ms)
1126 Great
The lowest speed of closing position(ms)
1152 Good
Ranking： 20 / 119
Test user 131
Transactions 2,637
Ocuppied margin $659,655 USD
Data Source WikiFX Data provide
Updated: 2025-02-21 01:02:00

Exposure

6 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
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

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
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
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
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: 2025-02-23
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 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

NewsMoneta Markets Launched Cutting-Edge Trading App

Moneta Markets, a major worldwide CFD brokerage, is announced the launch of Moneta Markets AppTrader, a cutting-edge trading app. The app bridges the gap between financial markets and traders globally and provides unique on-the-go access to over 1,000 FX pairs, Share CFDs, Indices, Commodities, Bonds, and ETFs, with ECN spreads starting at 0.0 pips.

WikiFX
2023-07-14 15:55
Moneta Markets Launched Cutting-Edge Trading App

NewsMoneta Markets Granted Seychelles FSA License: A Major Milestone in its International Growth Journey

Moneta Markets secures Seychelles FSA License, solidifying its global expansion drive. The move underscores commitment to client trust and secure financial services.

WikiFX
2023-06-26 15:45
Moneta Markets Granted Seychelles FSA License: A Major Milestone in its International Growth Journey
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User Reviews

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User comment

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Comments

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e
3-6months
说25年1月20日给我发送过禁止gap交易的邮件，但是20日的所有邮件我重新仔细的查看过每一条邮件内容，并没有任何关于警告我不允许交易的任何提示。 并说1-2个工作日内有人邮件联系我， 三天了没有任何消息，第一封邮件告诉我禁止gap交易，第二封邮件又变成禁止交易。 前后说法不一。 告诉我两天内联系我，到今天去问，就变成会联系我，没有任何限期了。 捏造所谓警告邮件取消客户盈利仿佛信手拈来。
说25年1月20日给我发送过禁止gap交易的邮件，但是20日的所有邮件我重新仔细的查看过每一条邮件内容，并没有任何关于警告我不允许交易的任何提示。 并说1-2个工作日内有人邮件联系我， 三天了没有任何消息，第一封邮件告诉我禁止gap交易，第二封邮件又变成禁止交易。 前后说法不一。 告诉我两天内联系我，到今天去问，就变成会联系我，没有任何限期了。 捏造所谓警告邮件取消客户盈利仿佛信手拈来。
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2025-02-06 15:02
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FX1090870882
3-6months
他们一手黑平台，只要你有盈利就不给出金，本金也不给出，最后会弄一些说你哪里违规的平台条例话题，说你违规，最终就是不给出金，连本金也会把你给吞进去，全是黑平台的行骗的套路，请广大的汇友远离这平台，赶紧出金
他们一手黑平台，只要你有盈利就不给出金，本金也不给出，最后会弄一些说你哪里违规的平台条例话题，说你违规，最终就是不给出金，连本金也会把你给吞进去，全是黑平台的行骗的套路，请广大的汇友远离这平台，赶紧出金
Translate to English
2024-11-22 17:00
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