Moneta Markets Trading Account – Review, Types, Process, Benefits, Charges & more
Last Updated Date: Sep 02, 2023Check out all details of Moneta Markets Trading Account here.
David Bily established Moneta Markets in 2009 with headquarters in George Town, Cayman Islands.
Regulated by Vanuatu Financial Services Commission, Moneta Markets Online Trading offers Forex trading in 49 pairs and a total of 304 CFDs.
Cryptocurrency (CFD) is available and Social Trading and Copy-Trading. Moneta Markets Trading Account has several choices of platforms.
You can use the MetaTrader platform suite (MT4 and MT5) or the Moneta Markets WebTrader app.
WebTrader offers trading tools such as Market Buzz and Featured Ideas (Trading Central) which are not integrated but open in external links.
Moneta Markets Trading Account and Benefits
An all-in-one Moneta Markets Trading Account experience awaits enterprising traders with this accomplished broker.
Transparency and exceptional features help Moneta Markets stand out in the trading industry.
Excellent customer support 24/5 via several channels and a richly informative FAQ section are some highlights.
Leading industry information regarding global markets comes from MT4 and MT5 platforms along with WebTrader and mobile apps.
A vast range of trading instruments opens up a splendid world of bright opportunities for intelligent traders with patience and skills.
Moneta Markets help traders with ample training materials.
Technical analysis, financial updates and Web TV bring expert information.
Additional support comes from the Negative Balance Protection that safeguards traders’ financial balances that might stand at risk.
Fill up the Form – Open Forex Trading Account Now!
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Moneta Markets Trading Account Charges
| Trading Account Charges | |||
| Account Type | STP | ECN | PRIME |
| Initial Deposit | $50 | $200 | $10,000 |
| Spread | 1.2 pips | 0.0 pips | 0.4 pips |
| Commission | $0 | $3 per lot per side | $0 |
| Leverage | 1;500 | 1;500 | 1;500 |
The registration process at Moneta Markets Trading Account is simple and free.
Learning the Trading process with a Demo account is also free.
No charges apply to the registration and Demo account opening and practice trading.
If you decide to open a Moneta Markets Online Trading account, 3 types of accounts are offered with differing opening deposits, spreads, and commissions.
ECN account
ECN has an initial deposit of $200. Spreads are 0.0 pips. Commissions are charged at $3 per lot per side. Leverage amounts to 1:500.
STP account
STP minimum deposit is $50, spreads are 1.2 pips. The commission is $0 and leverage is 1:500.
Prime account
Prime initial deposit amounts to $10,000. Spreads commence at 0.4 pips and a $0 commission is charged. Leverage extends to 1:500.
Types of Moneta Markets Trading Account
| Types of Trading Account | |
| Trading Desk Type | ECN, STP |
| Min Deposit | $50 |
| Maximum Leverage | Up to 1:500 |
| Mini Account | No |
| Premium Account | Yes |
| DEMO ACCOUNT | Yes |
| Islamic Account | Yes |
| Segregated Account | Yes |
| Managed Account | No |
| Institutional Account | No |
| Suitable for beginners | Yes |
| Suitable for professionals | Yes |
| Suitable for scalping | Yes |
| Suitable for daily trading | Yes |
| Suitable for Weekly trading | Yes |
| Suitable for swing trading | Yes |
The 3 types of Moneta Markets Trading Account are ECN, STP, and Prime accounts
While minimum deposits, spreads, and commissions differ, the minimum opening account is $50 and maxim leverage stands at 1:500.
A Demo Account is available. A Segregated Account and Islamic Account are also offered.
Moneta Market accounts are suitable both for beginners and professionals.
Daily and Weekly trading take place. Accounts are suitable for scalping and swing trading.
There is no mini account facility or managed account or institutional account.
Moneta Markets offers exceptional trading support features for all types of accounts.
They offer elaborate educational services for traders. Social Trading / Copy Trading facility and many Trading Signals are available.
Moneta Markets Account Opening and Trading Process
Here are the process to Open Trading account with Moneta Markets –
Open Moneta Markets Account
You need to visit the Moneta Markets home page to open a Moneta Markets Trading Account.
After clicking the ‘Sign up’ button, users need to fill in the required details for the registration process.
Users have to enter their name, email address, phone number, and password.
Additionally, several personal details would be required.
Along with the date of birth, address, and nationality, further details need to be entered.
Users need to enter the account currency and platform.
Enter financial details and employment status, besides annual income and trading experience.
The important final steps for Moneta Markets Online Trading include the uploading of 3 kinds of documents for verification purposes.
- Proof of identity document like a valid passport or driving license issued by the government that contains a picture of the applicant
- Proof of residence with name and address on a utility bill or bank statement within 3 months old
- The Proof of payment for bank transfers like a transfer receipt
Moneta Markets Trading process
Moneta Markets being a twice-awarded broker, you will find the system very vigorous, safe, and secure.
The awards came from:
- M&A Today for Best Customer Support as a CFD Broker
- CV Magazine as the 2020s most advanced web-based CFD trading platform
Start with the account opening and the verification of documents process for identity and residence. Choose the type of account and make the initial deposit.
Considering the market conditions, decide upon the instruments that you wish to trade in.
Research materials, charts and indicators, trading signals and customer support help make safe trading decisions.
Don’t ever forget that trading involves financial risk and the entire investment could be lost.
Think carefully about money investments and whether you can afford to lose them.
Find Different Trading Account Types of Forex Brokers
Moneta Markets Trading Account – Features
| Trading Features | |
| Educational Services | Yes |
| Social Trading / Copy Trading | Yes |
| Trading Signals | Yes |
| Email Alerts | Yes |
| Guaranteed Stop Loss | No |
| Guaranteed Limit Orders | No |
| Guaranteed Fills / Liquidity | No |
| OCO Orders | No |
| Trailing SP/TP | No |
| Automated Trading | Yes |
| API Trading | No |
| VPS Services | Yes |
| Trading From Chart | No |
| Interest On Margin | No |
| Offers Hedging | Yes |
| Offers Promotions | Yes |
| One-Click Trading | Yes |
| Expert Advisors | Yes |
| Other Trading Features | No |
You need to catch up with the latest market news and software platform features to succeed with the Moneta Markets Trading Account.
Top-notch trading services with fast executions and transparent processes through leading platforms MT4 and MT5 have carved out a high reputation for Moneta Markets.
Advanced trading being offered on over 300 global markets, MT5 has over 30 inbuilt indicators along with 21 timeframes and advanced order functions.
Traders reach very far with trade alerts and an inbuilt economic calendar.
An accomplished broker bringing the best opportunities for trading in international markets, Moneta Traders brings you some of the finest trading features.
Ample educational services help the novice to make a confident beginning to safe and lucrative trading.
Social trading and Copy trading are possible.
Trading Signals make the understanding of the markets better.
Automated trading and VPS services are available.
If you need expert advisers, they will help. Go for one-click trading. Make use of Offers Hedging and Offers Promotions.
Check out Online Trading Services of FOREX Brokers
Moneta Markets Trading Account – Conclusion
Along with the dynamic MT4 and MT5 platforms, Moneta Markets Trading Account provides exceptional trading experiences through MT4, MT5, WebTrader, and Mobile apps.
Smart investments depend upon the latest market information that the broker delivers. Charting tools and technical indicators aid the trading process.
Risk management tools like stop-loss and take profit along with limit orders become useful at critical times.
A variety of educational materials like the video tutorials and the demo account ensure that beginning traders learn all the crucial trading lessons and trade safely.
In terms of trading instruments, about 400 assets include share CFDs and commodities, indices, and foreign exchange pairs along with cryptocurrencies.
Moneta Markets Online Trading – FAQs
Here is the list of FAQs related to the Moneta Markets Online Trading:
Do Moneta Markets provide Online Trading?
Yes. Moneta Markets trading account uses the leading software MetaTrader 4 and MetaTrader 5. The WebTrader platform is also available.
Trading through mobile apps is also facilitated on both android and iOS systems.
Downloading the apps is free of charge. Mobile apps provide the most convenient form of trading during journeys and vacations.
What are the Commission Charges in Moneta Markets?
Moneta STP, Moneta ECN, and Moneta Prime are the 3 types of trading accounts available with Moneta Traders.
Among the 3 types of accounts, only ECN charges a commission. ECN charges a commission of $3 per lot per side. STP accounts and Prime accounts do not charge commissions.
Spreads are different and the leverage is the same for all 3 at 1:500.
Do Moneta Markets provide Demo account Trading?
Along with a variety of trading accounts, Moneta Markets offers a Demo account facility for beginners to learn the trading strategies and get used to the system.
Opening a Demo account is free of charge and the account opening process is simple and quick.
The Demo account does not provide virtual currency for the learning process.
Is trading Free at Moneta Markets?
Registration and opening a Demo account to learn trading are free at Moneta Markets.
When you wish to open a live trading account, you have to choose between STP, ECN, and Prime accounts.
Each of them differs in terms of minimum opening deposit, commissions, and spreads.
Leverage is the same for all 3 at 1:500.
Do Moneta Markets provide Spot Metals Trading?
Moneta Markets enables trading in Forex, Commodities, Indices, and Share CFDs.
Metals are not on the list but Forex currency pairs are big business.
It is a huge choice of trading instruments with robust trading facilities via MT4 and MT5 along with mobile apps.
A total of 7 Commodities offer lots of favorable trading opportunities.
What are Spot Metals Trading Charges at Moneta Markets?
Spot metals are not specifically mentioned in Moneta Markets but trading charges differ according to the type of account.
Minimum opening deposits, commissions, and spreads differ across the 3 types of accounts – STP, ECN, and Prime accounts.
Total tradable assets stand at 326. The number of stocks stands at 230.
The number of indices is 18.
Do Moneta Markets provide Stock Trading?
MetaTrader 5 provides stock trading initiatives across the world on stock exchanges.
With Moneta Traders, you can participate in Forex share trading, indices, cryptocurrencies, and commodities.
Traders buy stocks to generate profits in 2 ways. Buying at a low price and selling at higher prices by anticipating a rise or fall in prices.
What is Spread at Moneta Markets?
At Moneta Markets, spreads differ according to the type of trading account.
The Moneta Markets STP Trading account offers a spread of 1.2 pips.
Moneta Markets ECN account has a spread of 0.0 pips. Monet Markets Prime trading account offers 0.4 pips.
Similarly, commissions differ according to the type of account.
Leverage is the same for all 3 account types at 1:500.
Are Moneta Markets safe for trading?
Regulated by VFSC, Moneta Markets puts customer funds in segregated accounts as compared to their operational funds.
Besides, the company provides professional indemnity insurance.
The broker follows high standards of security and compliance.
Enjoying a high reputation with worthy services and 2 awards, Moneta Traders rose to global fame as a trusted broker quickly.
Do Moneta Markets provide Trading Tips?
Extensive research and educational tools help to understand market conditions better and enable wise and safe trading.
Tracking economic data and gauging the market sentiment becomes possible. Trade Signals and Charts help explore the best trading opportunities.
Technical indicators along with charting tools bring a better understanding of how the preferred trading instruments are performing.
Fill up the Form – Open Forex Trading Account Now!
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