Moneta Markets Commission or Brokerage Charges – Review, Plans, FAQs & more
Find out all details about Moneta Markets Commission or Brokerage Charges here.
The Vanuatu Financial Services Regulated Moneta Markets offers trading services in 49 pairs of Forex and 304 CFDs along with cryptocurrencies.
Located in George Town, Cayman Islands, the company has been in operation since 2009.
Traders have a choice of 3 types of trading accounts. They are the ECN account, STP account, and Prime account. Moneta Markets Charges are reasonably low.
Trading accounts have a choice of platforms. Moneta Markets WebTrader is the home system that operates directly from the browser.
Also available in the MetaTrader platform suite that comprises MT4 and MT5. Additional excellent options are the mobile apps for android and iOS.
Moneta Markets Commission or Brokerage Charges
Moneta Markets Commission and Spread charges being very competitive. Active traders prefer them. ECN account offers the best terms with a $3 commission per lot per side.
Spreads are 0.0 pips. If traders fund lives accounts with $500 or more, they receive a 50% deposit bonus, an offer that applies to all types of traders, new and experienced. The bid can be converted time and gain.
Further benefits of the $500 funding are the wider range of advanced tutorials in the Market Masters video course. Check out social media for additional attractive offers.
Traders do not pay any fees for opening STP, and ECN live trading accounts and maintenance charges do not apply. A minimum opening deposit applies to both.
Traders also benefit widely from the copy trade service called Duplitrade, which requires a minimum deposit of $2,000.
Traders who pay a $500 initial deposit enjoy the facility of Trading Tools as a part of the client portal. They get access to macroeconomic news, live signals, and market analysis.
Moneta Markets Fees are affordable for most traders.
Fill up the Form – Open Forex Trading Account Now!
More Related Articles on Forex Commission Charges
|NinjaTrader Commission||Binarycent Commission||Dukascopy Commission|
|Admiral Markets Commission||Bitmex Commission||Easymarkets Commission|
|Ayondo Commission||Deriv.com Commission||FP Markets Commission|
Types of Moneta Markets Commission Plans
|Types of Commission Plans|
|Spread||1.2 pips||0.0 pips||0.4 pips|
|Commission||$0||$3 per lot per side||$0|
Choose one of the three types of accounts according to preferences and budgets.
Opening deposits differ as well as the spreads and Moneta Markets Commission.
Leverages differ too.
Moneta STP account
The STP account needs an initial deposit of $50. Spread is 1.2 pips in this account.
No commission is charged. Leverage extends to 1:500.
Moneta ECN account
Traders interested in an ECN account have to pay an initial deposit of $200.
Spread is 0.0 pips in this account. The commission is charged at $3 per lot per side. The leverage is 1:500.
Moneta Prime account
The Prime account requires a $10,000 initial deposit. Pips stand at 0.4 pips.
The commission is nil at $0. Leverage stands at 1:500.
Moneta Markets Commission differs according to the account type.
Moneta Markets Charges are not high.
The maximum leverage offered is 1:500
Forex trading gets the highest leverage of 1:500
Precious metals also receive the same leverage of 1:500
Indices are next in leverage rank with 1:200
Soft commodities receive maximum leverage of 1:50
Share CFDs get leverage of 1:20
Moneta Markets Account Opening Process
Accepting the fact that trading exposes you to the risk of losing money, think carefully.
The demo training account helps to understand the systems and strategies without the risk of losing money.
Having made a firm decision in consultation with seniors, proceed with the account opening, which is a simple process of filling up a trader profile during the registration process.
Visit the Moneta Markets home page to start a live trading account with real money.
The Sign-up process requires specific personal details to be entered. Being an official legal document, make sure that all the details entered tally with government-issued official documents submitted as proof.
Users enter their name, email address, phone number, password, and several other personal details.
Enter date of birth, address, and nationality.
Enter the account currency and platform.
Financial information and job roles, incomes, and trading experience need to be entered.
An essential part of the registration requires three documents to be uploaded as a part of verification for security reasons. ( Example, proof of identity, proof of residence, and proof of payment)
- Identity is usually established by a valid passport or driving license that shows a picture of the applicant.
- The utility bill, bank, or credit card statements not more than three months old verifies residence details along with the name and address.
- A transfer receipt proves payment by bank transfer.
Moneta Markets Payment or Withdrawal Methods
|Deposit Options||Boleto, Credit Card, Cryptocurrencies, FasaPay, Neteller, Skrill, Union Pay, Wire Transfer|
|Withdrawal Options||Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer|
Payment or Deposit methods
Boleto, Credit Card, Cryptocurrencies, FasaPay, Neteller, Skrill, Union Pay, Wire Transfer
Credit Card, Cryptocurrencies, Neteller, Skrill, Wire Transfer
Fund deposits via eight different methods may be made at any time.
Choose the method, and they include the most important USD, EUR, and GBP currencies.
Applicants can deposit funds anytime. There are 8 different currencies that applicants can select from those Moneta Markets accept.
They include EUR, USD, and GBP. No commissions are charged. Deposits are fast, but it varies with the country and the type of payment.
How long does the deposit process take?
- International Wire Transfer may take 2-5 business days
- Debit and credit cards of Visa and MasterCard are instant
- Bitcoin takes 1 business day
Withdrawals through International Wire Transfer take 1-3 business days
Online reviews are essential that indicate reputations and transparency.
Regarding payments, no complaints are seen, and that confirms the systematic and fair financial procedures followed by the company.
Check Similar Articles on Forex Commission / Plan Types
|FXOpen Commission||Liteforex Commission||Oanda Commission|
|Just2Trade Commission||LQDFX Commission||Prime XBT Commission|
|Libertex Commission||Forex.com Commission||Spectre AI Commission|
Moneta Markets Investment Assets
|Supported Cryptocoins||bitcoin, bitcoin cash, dash, ethereum, like bitcoin, litecoin, ripple|
|Total Tradable Assets||326|
|Number Of Currency Pairs||43|
|Number Of Cryptocurrencies||6|
|Number Of Stocks||230|
|Number Of Indices||18|
|Number Of Commodities||7|
|Number Of Futures||NA|
|Number Of Options||NA|
|Number Of Bonds||NA|
|Number Of ETFs||NA|
Among the large variety of trading assets offered are Currencies, Commodities, Indices, Stocks, and cryptocurrencies Moneta Markets Charges are quite low.
Moneta Markets does not have facilities to trade in ETFs, Bonds, Futures, and Options.
Supported crypto coins are bitcoin, bitcoin cash, dash, ethereum, like bitcoin, litecoin, and ripple.
Total tradable assets stand at 326. The number of Currency Pairs to trade is 43.
The number of Cryptocurrencies stands at 6—stocks number 230 and Indices number 18. Commodities are 7.
Moneta Markets offers to trade with leverage on a range of FX pairs.
GBPUSD spread is floating, and EURUSD spread is also floating. EURGBP spread is floating too.
Trade-in over 45 assets
Cryptocurrency trade is allied with USD with 1:5 leverage. Spread is variable. The coins supported are BTC, BCH, DSH, LTC, ETH, and XRP.
Moneta Markets Commission – Conclusion
An auxiliary of Vantage International Group Limited (VIG), Moneta Markets holds several regulatory licenses.
The group has attracted over 70,000 client accounts and does a monthly trading volume of about $100 billion.
The company offers over 300 trading instruments via a number of web-based and mobile app platforms.
The web platform is self-contained, including the Client Portal from the same dashboard, which facilitates convenient trading.
Check Articles on Forex Commission & Plans
|Spreadex Commission||Alpari Commission||Binomo Commission|
|ThinkMarkets Commission||AvaTrade Commission||eToro Commission|
|Trading 212 Commission||Binary.com Commission|
Moneta Markets Charges or Fees – FAQs
Here are the FAQs on Moneta Markets Brokerage Charges & Fees –
Do Moneta Markets charge commission?
Moneta Markets Commission does not apply equally to the three different types of accounts.
STP account does not charge a commission.
Prime account similarly does not charge a commission.
ECN account charges a commission of $3 per lot per side. Spreads across the three accounts are different too.
Leverage is the same for all three accounts at 1:500.
How much do Moneta Markets charge brokerage?
Moneta Markets Brokerage is not uniform but varies according to the type of account and the asset being traded.
In general, the brokerage is low and attractive to traders who wish to earn greater profits. Forex calculators may be used to advantage to carry out actual trading.
Commission spreads and leverage differ across the three accounts.
What is the Minimum Deposit required in Moneta Markets?
The least minimum deposit of $50 is required in the STP account.
The ECN account requires a much higher initial deposit of $200.
The prime account requires a $10,000 minimum deposit.
Leverage in all the three account types is the same at 1:500. Commissions and spreads are different.
How much leverage do Moneta Markets provide?
Leverage differs according to the type of account and the asset being traded. Moneta Markets offers the maximum leverage on forex trade which stands at 1:500.
Precious metals also provide the same leverage up to 1:500. The other trading markets offer lesser leverage.
Indices offer 1:200. Energy offers 1:100. Soft commodities offer 1:50. Share CFDs offer 1:20.
How much is Spread at Moneta Markets?
Spreads differ according to the nature of the account. STP account observes a spread of 1.2 pips but does not charge commissions.
ECN has 0.0 pips but charges a commission of $3 per lot per side.
Prime has 0.4 pips but with 0.0 commission. STP and Prime get incomes from spreads. ECN gets income from commissions.
What types of Commission Plans are available in Moneta Markets?
Both Moneta Markets Commission and spreads are low, which means that traders get higher profits.
Among the three account types, STP, ECN, and Prime, only one account charges commissions. ECN charges a commission of $3 per lot per side.
STP and Prime accounts do not charge commissions but get incomes from spreads.
Do Moneta Markets provide Cryptocurrency for Investment?
Moneta Markets offers a wide range of assets for trading, and that includes Cryptocurrency.
They offer 6 of the most popular cryptocurrencies for trading, and that includes Bitcoin and Dash.
Other assets are 45 pairs of currencies and 15 most essential commodities.
In addition, 15 global indices are traded. About 185 share CFDs are offered for trade also.
Is Moneta Markets a legit Forex Broker?
Moneta Markets should be considered legitimate because of the regulation by Cayman Islands Monetary Authority (CIMA).
Though CIMA is an offshore regulator, the broker holds customer funds in segregated funds which mean safety in case of bankruptcy.
Along with the regulation authority, consider the untainted reputation of the broker, financially speaking, without any complaints. Traders may feel safe.
Can I invest in Moneta Markets for $5?
Overall, Moneta Markets Fees are low.
Investment is not required in the demo learning account that carries no financial risk.
Moneta Markets offers a minimum opening deposit of $50 in the STP trading account.
ECN account requires $200 as the minimum opening deposit.
A Prime account requires $10,000 to open an account. The minimum investment is $50 in the STP account.
Are there any hidden charges available with Moneta Markets?
Moneta Markets Brokerage is low. Moneta Markets does not impose any surprise charges.
All the charges, commissions, and spreads are specified in advance, and no hidden charges are found.
The diverse methods of deposits and withdrawals may be charged according to the different company rates. Services to customers have fixed charges.
Fill up the Form – Open Forex Trading Account Now!
Most Read Articles
|Forex Trading – Know Everything|
|Forex Broker – Know Everything|
|Why Trade in Forex?|
|How to Trade Forex?|
|Forex Trading Strategies|
|Forex Trading Tips|
|Become a Successful Forex Trader|
|Best Forex App|
|Top Forex Broker|
|Best Forex Trading Books|