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Exness , Moneta Markets Broker Comparison

Do you want to know which is the better broker between Exness and Moneta Markets ?

In the table below, you can compare the features of Exness , Moneta Markets side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
  • Rating
  • Basic Information
  • Benchmark
  • Account Information
  • Relevant information
  • Relevant exposure
 2 / 3   brokers in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Established
Regulatory license
MT4
MT5
Crypto
Deposit and withdrawal method
Benchmark
environment rating
Transaction Speed
Transaction speed rating
Average transaction speed
The highest transaction speed
The highest speed of opening positions
The highest speed of closing position
Slowest transaction speed
The lowest speed of opening positions
The lowest speed of closing position
Trading slippage
Transaction slippage rating
Average slippage
Maximum transaction slippage
Maximum positive slippage
Maximum negative slippage
Transaction Cost
Transaction cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Rollover Cost
Rollover cost rating
  • Average transaction cost
  • (EURUSD)
  • Average transaction cost
  • (XAUUSD)
Disconnection results
Software disconnection rating
Average disconnection frequency (times/day)
Reconnection time
Account Information
Accounts
Account name
Products
Deposit REQ
Maximum Leverage
Spread of majors
Forced Liquidation Ratio
Spread Types
Minimum Position
Crypto
Lock postition
Scalping
EA trading
Exness
8.38
Regulated
Under guarantee
--
--
10-15 years
CYSEC,FCA,FSCA,FSA
BTC,VISA,Skrill,Neteller,PerfectMoney,SticPay,Tether (USDT OMNI),WebMoney
C
AAA
335.5
2
2
2
1994
1994
1969
AA
--
29
-9
29
D
8.72 USD/Lot
62.02 USD/Lot
C

Long: -6.14

Short: 2.41

Long: -408.68

Short: 19.81

A
0.5
145.3
Standard,Pro,Zero,Raw Spread,Standard,Standard Cent
Forex, métaux, e-monnaies, énergies, actions, indices
Dépend du système de paiement
1:Illimité
À partir de 0,3
0.00
--
--
--
Moneta Markets
7.04
Regulated
Under guarantee
--
2-5 years
FSA,FSCA,ASIC
Unionpay,Fasapay,Credit Card,BTC,USDT,Wire transfer
AA
A
516.9
328
328
328
999
999
484
AA

EURUSD: -0.2

XAUUSD: --

2
-1
2
AA
14 USD/Lot
--
AA

Long: -6.74

Short: 2.59

Long: -30.27

Short: 17.47

B
0.5
32
STP/ECN
Forex, Indices, Commodities, Stock CFDs, Cryptocurrencies, ETFs
$200
1:1000
from 0
50.00
Floating
0.01
--

Exness 、 Moneta Markets BrokersRelevant information

Moneta Markets BrokersRelevant exposure

Which broker is more reliable?

You can determine the reliability and credibility of a broker by checking four factors:

1.Forex broker introduction。

2.Are the transaction costs and expenses of exness, moneta-markets lower?

3.Which broker is safer?

4.Which broker provides better trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

exness

Let's start here:

Exness is a globally recognized forex broker, operating in over 170 countries, offering a diverse range of tradable assets, including currencies, commodities, and cryptocurrencies. With a daily execution of over 300,000 trades and monthly trading volumes exceeding $1 trillion, Exness is a high-volume broker known for its transparency. Regulated by CySEC , FCA FSCA, and FSA in different jurisdictions, Exness adheres to strict financial standards. In this Exness review, we'll explore the broker's offerings in detail to reveal the real exness.

Quick Exness Review in 10 Key Points
Registered in Cyprus
Regulated by FCA, CYSEC, FSCA, FSA
Founded in 2008
Market instruments Forex CFD, Commodities CFD, Stocks CFDIndices CFD, Crypto CFD
Minimum initial deposit $10
Maximum leverage Unlimited
Minimum spread From 0.0 pips
Trading platform MetaTrader 5, MetaTrader 4, Exness Trade appMetaTrader 5 mobile, MetaTrader 4 mobileExness Terminal, MetaTrader WebTerminal
Demo Accounts Available
Social Trading Yes
Deposit and withdrawal methods Bank Cards (Visa, Mastercard, Maestro) , EPS (Neteller, Skrill, Perfect Money, and Sticpay )
Customer Service Phone, Email, Online Chat

Please note that the information provided in this review may be subject to change due to the constant updating of the company's services and policies. In addition, the date on which this review was generated may also be an important factor to consider, as information may have changed since then. Therefore, readers are advised to always verify updated information directly with the company before making any decision or taking any action. Responsibility for the use of the information provided in this review rests solely with the reader.

Pros and cons of Exness

Pros Cons
  • Wide selection of trading instruments
  • Limited number of deposit and withdrawal methods
  • Easy-to-use and customizable trading platforms
  • No trading bonuses or promotions are offered
  • Detailed table of trading conditions on the instrument screen
  • Exness proprietary platform may not be suitable for all traders
  • Commission-free quick deposits and withdrawals from Exness
  • Telephone support is not available in some countries
  • Educational resources and analysis tools available
  • Not offering cryptocurrencies and currency pairs.
  • Multilingual customer service
  • Social trading feature supported

What type of broker is Exness?

Dimension Pros Cons
Broker Model Exness offers tight spreads and fast execution due to its Market Making model. As a counterparty to its clients' operations, Exness has a potential conflict of interest that can lead to decisions that are not in the best interest of the clients.

Exness is a Market Making (MM) broker, which means that it acts as a counterparty to its clients in trading operations. That is, instead of connecting directly to the market, Exness acts as an intermediary and takes the opposite position to its clients. As such, it can offer faster order execution speed, tighter spreads and greater flexibility in terms of offering leverage. However, this also means that Exness has a certain conflict of interest with their clients, as their profits come from the difference between the bid and ask price of assets, which could lead to them making decisions that are not necessarily in the best interest of their clients. It is important for traders to be aware of this dynamic when trading with Exness or any other MM broker.

What is Exness?

Dimension Pros Cons
Regulation Exness is regulated by reputable bodies such as the FCA, CySEC, FSCA, FSA, which provides some protection and security for customers. Although regulated, Exness has received some penalties and fines in the past, which may be a concern for some customers.

Exness is a leading forex broker founded in 2008 in St. Petersburg, Russia. The company is based in Cyprus and is regulated by the FCA of the UK, CYSEC of Cyprus, FSCA of South Africa and FSA of Seychelles. The multiple regulation demonstrates its commitment to transparency and security of its clients' funds.

In the following article, we will analyze the characteristics of this broker in all its dimensions, offering you easy and well-organized information. If you are interested, read on.

basic-info

Is Exness Legit?

Yes, Exness operates legitimately, regulated by four regulatory authority across four jurisdictions, specifically, ASIC in Australia, FCA in the United Kingdom, FSCA in South Africa, and FSA in Seychelles.

Exness is closely monitored by various government and regulatory bodies in different regions or countries, done to make sure they follow the rules and guidelines that keep financial markets fair and safeguard the interests of clients.

Regulated Country Regulated Authority Regulated Entity License Type License Number
ASIC Exness (UK) Ltd Market Making (MM) 730729a
CYSEC Exness (Cy) Ltd Market Making (MM) 178/12
FSCA EXNESS ZA (PTY) LTD Retail Forex License 51024
FSA Exness (SC) Ltd Retail Forex SD025

Exness's UK entity, Exness (UK) Ltd, is regulated by tier-one regulator FCA under regulatory number 730729a,holding a license for Market Making (MM).

regulation

Exness's second entity in Cyprus, regulated by the tier-2 regulator CYSEC under regulatory number 178/12, holding a license for Market Making as well.

regulation

EXNESS ZA (PTY) LTD in South Africa, regulated by FSCA under regulatory number 51024, holding a license for Retail Forex.

regulation

Exness's fourth entity in Seychelles, Exness (SC) Ltd is regulated by the offshore regulator FSA under regulatory number SD025, holding a license for retail forex.

regulation

Market instruments

Dimension Advantages Disadvantages
Variety of Instruments Exness offers a wide range of instruments, including precious metals, energy, indices and equities. However, its offer of currency pairs and cryptocurrencies is limited compared to other brokers.

Exness offers various CFD trading products, covering Forex, Commodities, Stocks, Indices and Cryptos. Traders can access these instruments through the popular MetaTrader 4 (MT4) trading platform or its successor, the MetaTrader 5 (MT5) platform, both available in desktop, web and mobile versions. The platforms are highly customizable and offer a wide range of technical analysis tools and resources. Currently, cryptocurrencies and currency pairs appear to be unavailable.

Market instruments

Exness Minimum Deposit

To start trading with a very small amount of money, you can opt for a Standard Cent account, which requires a minimum deposit of just $10. With a Standard Cent account, you have access to the smallest lot size, known as the cent lot, allowing you to begin trading on various instruments with a margin of only $10.

The actual minimum amount required to initiate trading, however, will vary based on several factors, including the account type you choose, the payment method you use for deposits, regional regulations, and the prevailing market conditions.

Honestly, Exness's $10 minimum deposit is relatively low when compared to many other brokers in the industry, on the more accessible end of the spectrum, while many brokers set their minimum deposits at $100 or higher.

Here is the table showing the comparison of Exness minimum deposit with other brokers:

Broker Minimum Deposit
label
$100
label
$10
label
$200
label
$100

Exness Account Types

Exness offers standard and professional accounts. The standard account is a commission-free, feature-rich account suitable for all traders, including beginners, offering market execution, stable spreads and no requotes.

account-types

The Pro account is an account that can meet the needs of experienced traders. It features ultra-low spreads, even without spreads. Its execution is suitable for scalpers, day traders and algorithmic traders. The professional account has a minimum deposit of $200.

account-types

Besides, Exness provides two social trading account options for strategy providers: Social Standard and Social Pro. The Social Standard account requires a minimum deposit of $500, offers spreads from 1 pip, no commission, maximum leverage of 1:200, and supports forex, metals, and cryptocurrencies. The Social Pro account, tailored for professional strategy providers, demands a $2000 minimum deposit but offers instant execution, lowest spreads from 0.6 pips, no commission, maximum leverage of 1:200, and covers the same range of instruments.

trading account options

Exness Demo Account

Certainly, Exness offers clients access to demo accounts that last for 30 days. The Exness Demo account is virtually funded at $10, 000 USD. Basically, Exness demo accounts include the following features:

  • Free to registere

  • Easy to fund

  • Access to leverage up to 2000:1

  • Experience real market conditions

demo-account

Here is a simple guide to help you top up your Exness demo account:

  1. Log in to your Exness Personal Area.

  2. Go to the “My Accounts” tab and select the “Demo” section to find your preferred Demo account.

  3. Click “Set Balance” and enter your desired amount, like USD 500, into the provided box. You can even set a lower balance if needed.

  4. If you're using a grid view, click the gear icon on the account box to access the options, and then click “Set Balance.”

  5. Confirm your action by clicking “Set Balance” once more.

funding

These steps will quickly adjust your Demo account balance to your desired amount.

Spreads and commissions for Exness trading

At Exness, spreads and trading commissions vary depending on the type of account and trading instrument. In general, spreads are low and competitive compared to other Forex brokers. In addition, the detailed trading instrument table provided by Exness allows clients to check spreads, commissions and other important details before opening a position in a particular instrument. For some instruments, such as XAGAUDm, on the standard account, Exness offers average spreads of 9.2 pips, no commissions and a maximum leverage of 1:2000. In addition, clients can adjust the stop loss level according to their needs and trading strategies. In short, Exness offers competitive spreads and commissions, allowing clients to trade efficiently and profitably on a wide variety of trading instruments.

Trading Platforms

Exness offers traders a comprehensive suite of trading platforms to accommodate various trading needs. Traders can access MetaTrader 5 and MetaTrader 4 on desktop, or utilize the Exness Trade app, MetaTrader 5 mobile, and MetaTrader 4 mobile for on-the-go trading. Additionally, web-based trading is facilitated through the Exness Terminal, MetaTrader Web, and Web Terminal, enabling traders to access their accounts and trade directly from their web browsers.

Clients can customize the platform according to their needs and preferences, and can also access the automated trading feature through Exness VPS.

Devices Available Available
MetaTrader 4 (Desktop)
label
MetaTrader 5 (Desktop)
label
Exness Trade App (Mobile)
label
MetaTrader 5 mobile (Mobile)
label
MetaTrader 5 mobile (Mobile)
label
Exness Terminal (Web)
label
MetaTrader WebTerminal (Web)
label
cTrader
label

Exness Leverage

Pros Cons
  • Enables the trader's purchasing power to be increased
  • Increases the risk of significant losses
  • Facilitates access to markets that otherwise would not be accessible
  • May lead to overexposure to the market
  • Offers the opportunity to earn higher profits
  • Margin requirements can be difficult to meet
  • Allows diversification of the trading portfolio
  • Can cause emotional operations and bad decisions
  • Allows traders to take larger positions
  • Not suitable for novice traders with no previous experience

The maximum leverage offered by Exness is up to 1:unlimited, which is a generous offer, ideal for professional traders and scalpers. However, since leverage can magnify your profits, it can also cause loss of funds, especially for inexperienced traders. Therefore, it is essential that traders choose the right amount based on their risk tolerance.

Deposit and Withdrawal

Dimension Pros Cons
Deposits and Withdrawals Exness processes deposits in 30 minutes and withdrawals in 24 hours with no fees, making withdrawals fast and convenient. Deposit and withdrawal methods are limited to bank cards and Perfect Money, which may be a limitation for some customers.

The minimum deposit is around 10 USD, making it affordable for traders who wish to start with a small amount. Deposits are processed within 30 minutes and withdrawals within 24 hours, ensuring quick availability of funds for traders.

Exness offers tailored payment solutions, with regional options dependent on account registration country and global methods accessible universally but requiring account verification. Supported payment modes include bank cards (VISA, Mastercard, Maestro) and electronic systems like Neteller and Skrill. While Exness does not levy fees on electronic payments, users should verify potential charges from their providers. Note that bank card transactions are subject to specific withdrawal protocols, including a priority system for refunds.

Payment Methods Min. Deposit Min. Withdarwal Fees Processing Time
Perfect Money $10 $2 Free Deposit: within 30 minutesWithdrawal: within 24 hours
Bank Card $10 $0 Free Deposit: up to 30 minutes Withdrawal: 7-10 business days
Cryotocurrencies (USDT, Bitcoin, etc) $10 $10 Free Deposit: up to 1 dayWithdrawal: up to 1 day
E-payments (Skrill, Neteller, etc) $10 $10 Free Deposit: within 30 minutesWithdrawal: within 30 minutes

Here is the video showing how to depsoit with bank card for your refrence:

Education in Exness

Exness offers a range of educational resources that can help traders improve their understanding of the foreign exchange market and their trading skills. These resources include trading analysis tools, which provide detailed information on trading results and help traders identify patterns and trends. In addition, they offer calculators to help traders calculate trading costs and potential profits. Economic calendars and currency converters are also useful tools for traders who need to keep abreast of economic events and currency fluctuations. Overall, Exness educational resources are an excellent way for traders to learn more about the market and improve their trading strategy.

Exness Customer Service

Exness has a high quality customer support service, which is available in several languages and offers different communication channels to meet the needs of its customers. Users can contact the support team via live chat, email and telephone, and some of these services are available 24 hours a day, 7 days a week. The support staff is highly trained and ready to assist users with any problems or queries they may have. In addition, Exness offers a FAQ section on its website, which covers a wide variety of topics and common questions to help users find answers to their questions quickly and easily.

However, the Exness website is only available in Chinese.

Conclusion

In conclusion, Exness is a reputable and well-regulated forex broker, offering extensive trading assets and multiple trading platforms targets various traders. Their focus on transparency and client education is reflected in their educational tools and resources, as well as the detailed information provided on their trading instruments screen. Although its Market Making model may be a disadvantage for some traders, Exness compensates for this with competitive spreads and fast, commission-free deposits and withdrawals. Overall, Exness is a good choice for traders of all experience levels looking for a reliable and transparent Forex broker.

Frequently asked questions about Exness

Q: Is it safe to trade with Exness?

A: Yes, Exness is a broker regulated by the FCA, CYSEC, FSCA and FSA, which guarantees a high level of security and protection for client funds.

Q: What are the spreads in Exness?

A: Spreads at Exness vary according to account type and trading instrument, but are quite competitive compared to other brokers.

Q: Are there any commissions in Exness?

A: Exness does not charge fees, but credit card providers, banks or payment systems may charge transaction fees or commissions.

Q: What deposit and withdrawal methods are available at Exness?

A: Exness offers deposits and withdrawals via bank card and Perfect Money.

Q: Does Exness offer educational resources for traders?

A: Yes, Exness offers a variety of educational resources, including trading analysis tools, calculators, economic calendars, currency converters and more.

Q: What are the pros and cons of trading with Exness?

A: Among the pros of Exness are multiple regulation, variety of account types and trading platforms, competitive spreads and multilingual customer service. Cons include limited deposit and withdrawal methods and lack of advanced technical analysis tools.

Risk Warning

Trading online carries inherent risks, including the potential loss of invested capital. It may not be suitable for all traders or investors. It's essential to understand and acknowledge these risks before engaging in online trading. Additionally, please note that the information provided in this review is subject to change as the company updates its services and policies. The date of this review's generation is also crucial, as information may have evolved since then. Therefore, readers are encouraged to verify updated information directly with the company before making any decisions or taking action. The reader assumes full responsibility for the use of the information provided in this review.

moneta-markets
Moneta Markets Review Summary in 10 Points
Founded 2020
Registered Country/Region Australia
Regulation FSA (offshore regulated) / FSCA (general registration) / ASIC (regulated)
Market Instruments Forex, Commodities, Indices, Share CFDs, ETFs, Bonds
Demo Account Available
Leverage 1000:1
EUR/USD Spread From 0.0 pips
Trading Platforms MT4, PRO Trader
Minimum deposit $50
Customer Support 24/5 live chat, phone, email

What is Moneta Markets?

Founded in 2020, Moneta Markets is an Australian Forex and CFD broker, giving its clients access to a bulk of trading assets, including forex, commodities, indices and more through both MT4 and PRO Trader platforms, flexible leverage up to 1:1000, initial deposit as low as $50.

Concerning regulation, Moneta Markets is the trading name of Moneta Markets South Africa (Pty) Ltd, regulated by the Financial Sector Conduct Authority (FSCA) of South Africa under license number 47490 and located at 1 Hood Avenue, Rosebank, Johannesburg, Gauteng 2196, South Africa.

Besides, Moneta Markets is also a trading name of Moneta Markets Pty Ltd, authorized by the ASIC in Australia, holding an Appointed Representative (AR) license, with License No.: 001298177.

In the following article, we will analyze the characteristics of this broker from various aspects, providing you with simple and organized information. If you are interested, please read on. At the end of the article, we will also briefly make a conclusion so that you can understand the broker's characteristics at a glance.

Moneta Markets website

Pros & Cons

Moneta Markets appears to be a competitive broker with a wide range of trading instruments and account types, as well as multiple funding options and trading platforms. The broker's negative balance protection and segregation of client funds provide an added layer of security for traders. However, the limited educational resources and offshore regulated by FSA may be potential drawbacks for some traders.

Pros Cons
• Regulated by ASIC • Limited educational resources
• Wide range of trading instruments • Clients from Canada, the United States are not accepted
• Demo accounts and Islamic (swap-free) accounts are available • No cryptocurrency trading
• High leverage available on certain assets • Offshore regulation (FSA)
• Competitive spreads and commission rates
• Multiple funding methods with no deposit or withdrawal fees
• Negative balance protection and segregated client accounts

Please note that this is not an exhaustive list and there may be additional pros and cons depending on individual preferences and circumstances.

Is Moneta Markets Safe?

Moneta Markets holds three regulatory licenses. The Seychelles Financial Services Authority (FSA) license is offshore regulated, Financial Sector Conduct Authority (FSCA) license is general registration, Australia Securities & Investment Commission (ASIC) license is regulated.

Is Moneta Markets Safe?
Is Moneta Markets Safe?

Moneta Markets also has registered with the FSCA in South Africa, with a Financial Service Corporate License. Yet, this license is beyond its business scope.

FSCA registration

Moneta Markets appears to have proper regulatory licenses and measures in place to ensure the safety of client funds. Client funds are held in a segregated account with AA-Rated Global Bank and trading accounts have negative balance protection. They are also subject to regular audits and have comprehensive insurance. However, it's important to conduct thorough research and due diligence before investing in any financial product or service, as the market carries inherent risks.

Market Instruments

Moneta Markets offers a diverse range of over 1000 CFDs to trade, including Forex currency pairs, commodities, indices, share CFDs, ETFs, and bonds. This provides traders with ample opportunities to diversify their portfolios and take advantage of various market conditions.

Accounts

Apart from demo accounts, Moneta Markets offers three live accounts to cater to traders with different needs, Direct STP, Prime ECN, and Ultra ECN. The minimum deposit requirement is $50, $200 and $50,000 respectively. Moneta Markets also offers Islamic accounts for Direct STP and Prime ECN accounts, which are swap-free and designed for traders who want to adhere to Sharia law.

Account Types

Leverage

Moneta Markets offers leverage options that vary depending on the asset class, with the highest leverage of up to 1000:1 available for forex, indices and precious metals. Energy instruments have a maximum leverage of 500:1, while soft commodities have a maximum leverage of 50:1, and share CFDs have a maximum leverage of 33:1. It is important to note that high leverage can lead to increased risk and potential losses, so traders should use caution and ensure they understand the risks involved before using leverage.

Leverage

Spreads & Commissions

Moneta Markets offers different spreads and commissions depending on the account type. Direct STP accounts have spreads starting from 1.2 pips and no commission fees. Prime ECN accounts have spreads starting from 0.0 pips with a commission fee of $3 per lot per side. Ultra ECN accounts have spreads starting from 0.0 pips with a commission fee of $1 per lot per side. The commission fees are relatively low compared to other brokers, and the tight spreads can be attractive for traders who want to minimize trading costs.

Spreads

Below is a comparison table about spreads and commissions charged by different brokers:

Broker Spread Commission
Moneta Markets 1.2 pips Free
Rakuten Securities 0.3 pips Free
GMI 0.2 pips Free
DBG Markets 0.0 pips $7/lot

Note that spreads and commissions can vary depending on market conditions and account type.

Trading Platforms

Moneta Markets offers multiple trading platforms to its clients, including the PRO Trader, MetaTrader 4 (MT4), MetaTrader 5 (MT5) mobile apps, and MT4 WebTrader. The PRO Trader platform is the broker's proprietary platform that is designed for traders who prefer a customizable and user-friendly interface. MT4 and MT5 are popular trading platforms that provide advanced charting tools, technical indicators, and algorithmic trading capabilities. The MT4 WebTrader is a browser-based platform that allows clients to trade from any device with internet access, without the need to download any software. The mobile apps provide the convenience of trading on-the-go for iOS and Android devices.

MT4 vs Pro Trader

Overall, Moneta Markets' trading platforms are well-designed, user-friendly, and offer a range of advanced features suitable for both beginner and experienced traders.

See the trading platform comparison table below:

Broker Trading Platform(s)
Moneta Markets PRO Trader, MT4, MT4 and MT5 mobile apps, and MT4 WebTrader
Rakuten Securities Rakuten FX, Rakuten Securities Option Station, MetaTrader 4
GMI MT4, GMI Edge
DBG Markets MT4, WebTrader

Note: These may not be the only trading platforms offered by these brokers, and some platforms may only be available to certain account types.

Trading Tools

Moneta Markets provides a range of trading tools to help traders make informed decisions. The Premium Economic Calendar is a comprehensive tool that provides detailed information about upcoming economic events and their expected impact on the market. Technical Views provides a variety of technical analysis tools to help traders analyze market trends and patterns. Alpha EA is an automated trading tool that uses advanced algorithms to identify profitable trading opportunities. AI Market Buzz uses artificial intelligence to analyze market sentiment and identify potential trading opportunities. Forex Signals provides real-time trading signals to help traders make informed trading decisions. Finally, Market Masters Tutorials is a collection of educational resources that cover a wide range of trading topics and provide traders with valuable insights into the market.

Trading Tools

Deposits & Withdrawals

Moneta Markets offers a variety of funding methods to accommodate traders globally, including International EFT, credit/debit cards (Visa, MasterCard), Fasapay, JCB Bank, and Sticpay, with a relatively low minimum deposit requirement of $50.

payment methods

Moneta Markets Money Deposit

To make a deposit into your Moneta Markets account, you need to follow these steps:

Step 1: Log in to your Moneta Markets Client Portal;

Step 2: Click “Funds - Withdraw Funds” on the left side menu;

Step 3: Choose your preferred payment option to fund your account.

How to make a deposit?

    Base Currencies:

    • USD: United States dollar ($)

    • EUR: Euro (€)

    • GBP: British pound sterling (£)

    • NZD: New Zealand dollar (NZ$)

    • SGD: Singapore dollar (S$)

    • JPY: Japanese yen (¥)

    • CAD: Canadian dollar (C$)

    • HKD: Hong Kong dollar (HK$)

    • BRL: Brazilian real (R$)

Moneta Markets minimum deposit vs other brokers

Moneta Markets Most other
Minimum Deposit $50 $100

The broker also does not charge deposit and withdrawal fees, except for possible handling fees charged by the financial institution. The majority of deposits are processed instantly, while withdrawals are usually processed within 1-3 business days. However, International EFT withdrawals may take longer, up to 5 business days. It's worth noting that International bank wire transfers may incur additional fees charged by both the trader's and broker's financial institutions.

Moneta Markets Money Withdrawal

To withdraw funds from your Moneta Markets account, you need to follow these steps:

Step 1: Log in to your Moneta Markets Client Portal;

Step 2: Click “Funds - Withdraw Funds” in the left side menu;

Step 3: Complete the form and your withdrawal will be processed shortly.

How to make a withdrawal?

Fees

Moneta Markets charges fees in the form of spreads and commissions for trading that we have mentioned before, but there are no deposit or withdrawal fees. Additionally, there is an inactivity fee of $10 per month for accounts that have been inactive for after 180 days of inactivity.

See the fee comparison table below:

Broker Deposit Fee Withdrawal Fee Inactivity Fee
Moneta Markets None None $10/month after 180 days of inactivity
Rakuten Securities None None None
GMI None None None
DBG Markets None $30 for international wire transfer None

Note: Fees may vary depending on the account type and payment method used. It is recommended to check with each broker for the most up-to-date information on their fees.

Customer Service

Moneta Markets seems to provide professional and dedicated customer support. Firstly, Moneta Markets relies on its FAQ section to give clients some general and basic answers concerning their trading process.

FAQ

    Secondly, clients with any inquiries can also get in touch with Moneta Markets through multiple contact channels. Here are some contact details:

    • Phone: UK - 44 (113) 3204819, International - 61283301233

    • Email: support@monetamarkets.com

    • 24/5 Online Chat

Or you can also follow this broker on some social media platforms, such as Facebook, Instagram, Twitter, LinkedIn and YouTube.

Customer Service
Customer Service
social networks

Overall, Moneta Markets' customer service is considered reliable and responsive, with various options available for traders to seek assistance.

Pros Cons
• 24/5 customer support available No 24/7 customer support
• Multilingual customer support
• Quick response time
• Personalized customer service experience

Note: These pros and cons are based on available information and may not be exhaustive.

Conclusion

Moneta Markets is a regulated online broker that offers a range of trading instruments, multiple account types, and trading platforms. They provide access to various trading tools, including a premium economic calendar, forex signals, and technical views. The broker offers competitive spreads and commissions, and they have various funding methods with no deposit and withdrawal fees. However, they have limited educational resources. Overall, Moneta Markets is a good option for traders looking for a reliable and comprehensive online trading experience.

Frequently Asked Questions (FAQs)

Is Moneta Markets legit?

Yes. It is regulated by ASIC, offshore regulated by FSA and has a general registration of FSCA license.

At Moneta Markets, are there any regional restrictions for traders?

Yes. Moneta Markets does not accept residents of Canada, the United States, or used by any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.

Does Moneta Markets offer demo accounts?

Yes. Each Moneta Markets demo account lasts for 30 days before your login will expire.

Does Moneta Markets offer Islamic (swap-free) accounts?

Yes. Islamic (swap-free) accounts are available for Direct STP and Prime ECN accounts.

Is Moneta Markets a good broker for beginners?

Yes. It is a good choice for beginners because it is regulated well and offers various trading instruments with competitive trading conditions on the leading MT4 platform. Also, it offers demo accounts that allow traders to practice trading without risking any real money.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

Are the transaction costs and expenses of exness, moneta-markets lower?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive exness and moneta-markets are, we first considered common fees for standard accounts. On exness, the average spread for the EUR/USD currency pair is À partir de 0,3 pips, while on moneta-markets the spread is from 0.

Which broker between exness, moneta-markets is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

exness is regulated by CYSEC,FCA,FSCA,FSA. moneta-markets is regulated by FSA,FSCA,ASIC.

Which broker between exness, moneta-markets provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

exness provides trading platform including Standard,Pro,Zero,Raw Spread,Standard,Standard Cent and trading variety including Forex, métaux, e-monnaies, énergies, actions, indices. moneta-markets provides trading platform including STP/ECN and trading variety including Forex, Indices, Commodities, Stock CFDs, Cryptocurrencies, ETFs.

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