Moneta Markets Trading Platform – Review, Top Features, Set-up Process, Benefits & more
Last Updated Date: Nov 17, 2022Moneta Markets Trading Platform originated in George Town, Cayman Islands, in 2009, a subsidiary of Vantage International Group Limited (VIG).
VFSC regulates the leading broker in the international markets.
Working with the super MetaTrader 4 and MetaTrader 5 software along with WebTrader, the broker offers a 50% deposit bonus.
The exclusive web platform accepts trades in a variety of instruments like Forex and CFDs, indices and shares, commodities, and cryptocurrencies.
Moneta Markets Trading Terminal works online on several programs. They encourage traders with educational and research programs on live markets.
Mobile apps in addition to the web platform offer the best trading opportunities.
About Moneta Markets Trading Platform
Moneta Markets Online Trading Platform offers a variety of accounts like STP account and ECN account in addition to an Islamic account. Social trading and trade signals are available.
Moneta Markets Web Trading Platform collectively accounts for 70, 000 clients. Monthly trading volume exceeds $100 billion.
Traders access a wide range of markets with CFDs.
FTSE and stocks, oil and GBPUSD all of which have floating spreads. Leverage stands at 1:500.
Beginners trade with a demo account in learning strategies without financial risks. A minimum deposit amounts to $200 through Visa payments and the minimum trade is 0.01 lots.
In the forex trade, pairs of currencies offer great opportunities for lucrative trading with leverage. Yet, care and caution must be applied because of the eternal presence of financial risks.
Dealing in over 45 assets, crypto-currencies may be traded with USD on a 1:5 Leverage. The coins included are BTC, BCH, DSH, LTC, ETH, and XRP.
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Moneta Markets Trading Terminal – Top Features
Below is the list of features related to the Moneta Markets:
Training Videos
Since trading is volatile with frequent financial losses, novices need to proceed carefully. Video tutorials teach the basics of trading.
Advanced trading videos help to refresh the skills of professionals.
Videos in the Master’s Course teach many asset classes.
They cover numerous categories and topics briefly for beginners and more in-depth for professionals.
Over a hundred such videos succeed in throwing light on crucial trading aspects.
WebTrader
A single dashboard in WebTrader offers every facility like trading services and account management.
Deposits and withdrawals work quickly with ease at the Client Portal. Gain access to:
- Precise charts that contain over 45 indicators
- Drawing tools
- 6 types of charts
- 9 timeframes
- Stop-loss/take profit show pips, dollar value, and prices together
Mobile trading apps
Now that smartphones and tablets are taking over the market by sheer numbers and convenience, the Moneta Markets AppTrader platform caters to android and iOS systems.
Traders also use the MT4 and MT5 software as a mobile app for both kinds of devices, android, and iOS.
PandaTS developed both the Moneta Markets web platform and the Moneta Markets AppTrader.
How to Set up Moneta Markets Web Trading Platform?
Successful buying and selling of assets in Moneta Markets Trading Platform require certain skills and a little bit of experience with the use of computers.
Smartphones may be used for trading too and it is most convenient since trading is possible anywhere at any time during 24/5.
Most people know how to handle mobile phones though not all are comfortable with the use of desktops.
However, the desktop programs contain more features than tiny mobile screens and are easier to work with.
Don’t decide in favor of Moneta Markets Online Trading Platform without ample research and compare facilities and fees, rules and regulations with some other brokers.
Reading online reviews or listening to colleague or friend recommendations would help to decide firmly. Some may decide to try out 2 or 3 brokers and then decide based on experiences which is not a bad idea.
The first step in setting up the platform is to arrange for the place and equipment and that requires a budget and certain arrangements.
The concern is certainly greater for beginners who definitely need a word of caution.
Trading presents serious financial danger and losing the entire investment happens rather frequently.
The demo trading account shows the way. Avoid rash thoughts and work with patience and based upon indicators and market research. Consult seniors and customer support frequently.
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How to Own Moneta Markets Online Trading Platform?
The signing up process and starting an account at MONETA MARKETS Web Trading Platform is rather simple and self-explanatory.
Starting with the profile where personal details are required, make sure that accurate details are entered.
These being legal documents, all the information should be based on documents issued by the government.
Since many nationalities join the trading platform, security is important to prevent fake accounts and criminal activity.
Money issues often involve deceit and stolen identity.
An important part of the signing up process will be the verification of documents in support of identity and residence,
Keep the documents ready for upload after scanning.
Images should be clear and in color. The picture of the applicant, the signature, the names, and the address should be clearly visible in the upload.
Proof of Identity
In a great majority of cases, either the passport or driver’s license is submitted as identity proof. However, any other government-issued document is also allowed.
They contain a picture of the applicant along with the signature and that page has to be uploaded.
Proof of Residence
Utility bills of electricity and water, bank statements, or credit card statements, not more than 3 months old would be accepted as residence proof.
They must contain the name and address of the applicant clearly.
Advantages of Moneta Markets MetaTrader 5
Check out various benefits of Moneta Markets MetaTrader5 –
Wide variety of assets
Moneta Markets Trading Platform offers more than 45 pairs of currencies along with 6 of the leading cryptocurrencies that include Bitcoin and Dash.
In addition, traders gain access to 15 important commodities and 15 global indices. Share CFDs number over 185 and relate to Australian, UK, US, European, and Hong Kong markets.
Minimum charges attract clients
Lower fees translate to higher trader profits. So it is with Moneta Markets Trading Terminal where the ECN account carries nominal fees.
Typical spreads are 0.0 pips. Commissions may charge $3 per lot per side. Such attractive transactions are bound to attract trader interest.
The STP account is not so profitable in comparison.
Extent of Leverages
Moneta Markets Web Trading Platform observes maximum leverage of 1:500 with regard to forex. The other markets use lower leverage limits.
Like forex, precious metals work with the 1:500 leverage. Soft commodities have a maximum of 1:50 leverage.
Energy has a high of 1:100. Indices leverage may rise to 1:100 and Share CFDs may go up to 1:20.
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Moneta Markets Trading Platform – Conclusion
Moneta Markets Trading Platform has earned a sterling reputation as a leading global broker already. Several regulatory bodies confirm their authenticity.
Trading works very efficiently through a series of programs like MetaTrader 4 and MetaTrader 5 and they are the finest.
Spreading their wings globally, firm customer support and technical finesse keep the show going eternally.
Among the attractive features is the 50% deposit bonus offer.
The bonus extends to deposits of $500 or higher. Every trader new or old can use the bonus and redeem it more than once.
Make a wise beginning with the free demo account for simulated trading with no financial risk. Never look back.
Moneta Markets Trading Platform – FAQs
Here is the list of FAQs related to the Moneta Markets Trading Platform –
What is the Moneta Markets Trading Platform called?
Moneta Markets Trading Platform runs a program named WebTrader online.
Traders have a choice of WebTrader or MetaTrader 4 and MetaTrader 5, leading trading programs.
The broker also offers 2 versions of a mobile app catering to the android and iOS systems.
All these programs may be downloaded free of cost. Alternatively, trading from the browser is possible.
Do Moneta Markets provide Web Trading?
Moneta Markets Web Trading Platform works online through the internet that connects global markets.
A fast and efficient system of communication that is protected by encryption and passwords, mobile apps are the most convenient.
All the trading programs work over the web. Offices can use the desktop program. During travel, mobile apps help to stay in touch with markets.
Is Moneta Markets Trading Platform Free to use?
Moneta Markets Trading Platform charges no fees for software downloads and the demo learning account.
Signing up is not charged either.
A live trading account requires a minimum deposit. Spreads and commissions are low and differ across assets.
Traders are attracted by low charges because of the possibility of greater profits. However, financial risks need to be considered.
How to download Moneta Markets Trading Terminal?
Visit the company website online.
The free download process with a few clicks refers to MetaTrader 4 and MetaTrader 5, according to the choice. WebTrader is another super trading program.
With the great increase in smartphones, the mobile apps need to be downloaded from Google Play Store and Apple App Store respectively for the android and iOS versions.
What features does Moneta Markets Online Trading Platform have?
Among several exceptional features are the research facilities.
Video tutorials and in-house articles, automated technical analysis, and an economic calendar are some.
Third-party research tools from Trading Central bring a greater understanding of markets and where to place trades.
Market Buzz and Featured Ideas are some of the resources. The broker runs a YouTube channel and Trading Central runs Web TV for daily updates.
Can I trade in Shares via the Moneta Markets MetaTrader 5?
Share market trading occupies an important place in trading activities.
Many do not have ideas about pairs of currencies but everybody has a basic idea of share markets.
Carefully researched trading that uses all the market news and consults seniors may succeed in predicting the rise and fall of share prices.
Is Moneta Markets Trading Terminal good?
Well-organized, efficient and dedicated, the Moneta Markets Trading Terminal figures among the leading brokers. A regulated broker is safe as far as funds are concerned.
Exceptional customer support and an awesome reputation point to the best resources and chances for traders.
They have done their grounding well and created a platform rich with trading features.
Can Moneta Markets Web Trading Platform be used without EKYC?
Along with personal details, while signing up to open an account, submission of documents for verification of identity and residence is compulsory at Moneta Markets Trading Platform.
The purpose is security since many nationalities join and money may be at risk because of cybercrime.
Proof of identity and residence need to be verified through uploaded copies of government-issued documents.
Does Moneta Markets MT5 provide Tips?
Essentially, the Moneta Markets Trading Platform provides a great deal of support to traders for successful profitable trading.
Educational and research facilities provide daily updates of market conditions regarding the various assets.
When such indicators are followed, the chances of loss are very much reduced. Traders need to remember that the risk of financial loss is always present.
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