Moneta Markets licences

Yes. Moneta Markets' client agreement lets it suspend an account and cancel profits if it suspects 'Suspicious Trading Activity', a belief it must form reasonably but need not share with the client, and the term covers holding long and short positions in the same or similar assets at similar times; the agreement also lists scalping as misconduct. This sits beside an accounts page that allows hedging on every account and calls Prime ECN suitable for scalpers. The agreement further lets Moneta end the contract at once, and be relieved of its obligations on open orders, if it decides abnormal trading conditions exist, and its bonus and payment terms allow profits to be voided for suspected bonus abuse or a payment from a third party.

WIKILIX's scam investigation, published on 7 November 2026, rates Moneta Markets high risk rather than a proven scam, with medium confidence, and notes that no regulator has found fraud. Its main reasons are that Moneta Markets Ltd, the Saint Lucia company behind monetamarkets.com, holds no financial licence; that Malaysia's Securities Commission and Italy's CONSOB have both acted against that website for unlicensed activity; and that client reviews repeatedly describe profits cancelled or accounts closed after alleged hedging, news trading or suspicious activity. In the broker's favour, other group companies hold licences confirmed on the registers of regulators including the UK FCA and the FSC Mauritius. This is a risk assessment, not a finding of fraud by a court or a regulator.

Yes. Moneta Markets has a separate CopyTrader app for iOS and Android, which it says lets you copy more than 6,000 traders and includes an inverse-copy feature, and its AppTrader app also includes copy trading. The Help Center lists three copy modes: Equivalent Used Margin, Fixed Lots and Fixed Multiples.

Moneta Markets says it does not accept clients from the United States and its territories, Canada, Australia, Singapore, France, Spain, Italy, Cyprus, Romania, Russia, Japan, Iran, North Korea and other sanctioned or high-risk countries, although the lists on its Help Center, website footer and partner pages differ from one another. Residents of the United Kingdom and of other European countries are told the international site is not aimed at them, but its sign-up form still lets them apply on their own initiative. WIKILIX's scam investigation found that Malaysia's Securities Commission added monetamarkets.com to its Investor Alert List in November 2024 and that Italy's CONSOB ordered access to it blocked in December 2021, while the site still runs German and Malay versions.

Moneta Markets offers CFDs on forex, indices, commodities, shares, ETFs and bonds. Its product pages list 45 currency pairs, 23 index contracts, 16 commodities, 178 share CFDs on US, UK, EU and UAE stocks, 50 ETFs and 7 bond futures, while its marketing refers to more than 1,000 instruments. The site also advertises crypto CFDs, naming Bitcoin and Ethereum with leverage up to 500:1, but publishes no list of crypto symbols.

Yes. Every account type can be opened as a swap-free (Islamic) account by submitting the swap-free form before placing a trade, and approval is not guaranteed. Instead of swaps, Moneta charges an administration fee that varies by instrument with no fixed formula and which the client agreement lets it change from time to time, while spreads and commissions still apply. Moneta's Indonesian site says a swap or administration fee is charged after a 10-day swap-free period, and a Help Center article limits that 10-day facility to clients living in a listed set of countries.

Most withdrawals carry no Moneta fee, but each USDT (TRC20) withdrawal costs 1 US dollar, and the broker's documents disagree about international bank wires. The withdrawal page charges a minimum of 20 units of the account currency per wire, the Help Center makes one wire per calendar month free and charges 20 units (HKD 150 or JPY 3,000) for each further one, and the Deposit and Withdrawal Policy and the Key Facts Summary say Moneta charges no fee of its own, with the Policy putting typical bank charges for an international wire at about 25 US dollars. The Policy also lets Moneta charge the merchant fees plus a discretionary handling fee when money deposited by card, e-wallet or another alternative method is withdrawn after little or no trading.

It depends on the method, and the broker's pages give different times. The withdrawal page says withdrawals are processed within 1 to 3 business days, Monday to Friday from 9am to 7pm GMT+10, while the Help Center says requests are reviewed within 1 to 2 business days, after which bank wires and cards take 1 to 5 business days, local bank transfers and e-wallets 1 to 3 and crypto up to 1 (its crypto article says 1 to 2). The Deposit and Withdrawal Policy says requests are generally processed within 24 hours and funds arrive in 1 to 7 business days.

The broker's spread table gives an average EUR/USD spread of 0.26 pips on ECN pricing and 1.36 pips on STP pricing. Forex commission is 6 US dollars per standard lot round turn on Prime ECN and 2 US dollars on Ultra ECN, Direct STP charges none, indices and commodities carry no commission, and share CFDs are charged per order, for example 14 US dollars or 0.1% on UK shares, with 6 US dollars on ETFs. Spot CFDs held overnight are charged at a reference rate that, under the client agreement, adds a Moneta fee of 3.5% a year to its liquidity provider's interest rate. The agreement also lets Moneta share transaction fees with other parties, such as introducing brokers, without disclosing it, and its Help Center says introducing brokers generally earn 8 to 33 US dollars per lot.

Moneta Markets offers three live accounts: Direct STP, from 50 US dollars with spreads from 1.2 pips and no commission; Prime ECN, from 50 US dollars with spreads from 0.0 pips and 3 US dollars per lot per side; and Ultra ECN, an opt-in account for balances of at least 20,000 US dollars with spreads from 0.0 pips and 1 US dollar per lot per side. Its Help Center calls the first account Standard STP, describes only two live accounts and says there are no cent accounts. The account names point to STP and ECN execution and the Help Center describes no dealing desk, but the broker's Key Facts Summary says it acts as a market maker and an addendum to the client agreement says Moneta may be the counterparty to client trades. Every account allows hedging and the accounts page calls Prime ECN suitable for scalpers, while the client agreement lists scalping as misconduct and treats opposite positions in similar assets as suspicious trading.

Moneta Markets is a brand used by several group companies, and which one you deal with depends on the website. Accounts opened on monetamarkets.com are with Moneta Markets Ltd, which the broker says is a Saint Lucia international business company (No. 2023-00068); monetamarkets.co.uk belongs to the UK company Moneta Markets Capital Ltd (FCA FRN 613381), and monetamarkets.sc to a separate Seychelles company also called Moneta Markets Ltd. The broker also names Moneta Markets (Pty) Ltd in South Africa (2016/063801/07), Moneta Markets Trading Limited in Mauritius (211285 GBC), Moneta Global Financial Services L.L.C in the UAE, Mmonexia Ltd in Cyprus, which handles payments, and Moneta Markets Limited in Hong Kong.

Moneta Markets offers live chat on its website, email at support@monetamarkets.com and two phone lines: +44 (113) 3204819 for the UK and +61 2 8330 1233 for international callers. Its contact page describes a multilingual team available 24/5, while its Help Center says live chat and email run 24/7, with chat starting on an AI assistant that can connect you to a person. Complaints are also sent by email to support@monetamarkets.com.

Yes. Leverage goes up to 1000:1 on the Direct STP and Prime ECN accounts and up to 500:1 on Ultra ECN according to the accounts page, with lower caps by asset class, such as 500:1 on energy, 50:1 on soft commodities and 33:1 on share CFDs. The Help Center says new accounts default to 1:500 and that 1:1000 is available only while account equity is below 20,000 US dollars, and not in every jurisdiction. The Ultra ECN terms page mentions 1000:1, so the broker's pages disagree on that account.

The minimum deposit is 50 US dollars for the Direct STP and Prime ECN accounts. The Ultra ECN account is open only to clients with a balance of at least 20,000 US dollars, who then opt in to it. Some local payment methods can set a different minimum, and a first deposit by card cannot exceed AUD 1,000 or the equivalent.

Moneta Markets accepts international bank transfer (EFT), Visa and Mastercard cards, FasaPay, Sticpay, local bank transfer in selected countries, e-wallets that depend on your country (the Help Center names Skrill, Neteller, Alipay, UnionPay and PIX) and cryptocurrencies including USDT, USDC, BTC, ETH, SOL and XRP. Moneta charges no deposit fee, although a bank wire can carry charges from your bank and from Moneta's bank. Card deposits are listed as instant on the deposit page, while the Help Center says they can take up to 60 minutes, and international bank transfers take 2 to 5 business days.

Moneta Markets offers MetaTrader 4 and MetaTrader 5, its own web platform PRO Trader 2.0, which uses TradingView charts and works with MT4 and MT5 accounts, and its AppTrader app for iOS and Android. MT4 and MT5 run on desktop, with downloads from the client portal, on the web through WebTrader and on iOS and Android. Copy trading is available in AppTrader and in the separate CopyTrader app.

Not for accounts opened on monetamarkets.com: those are with Moneta Markets Ltd, which the broker says is a Saint Lucia international business company (No. 2023-00068), and that registration is not a financial licence. Five other group companies hold licences that WIKILIX confirmed on 7 November 2026, from the UK FCA (Moneta Markets Capital Ltd, FRN 613381, for professional clients and eligible counterparties only), South Africa's FSCA (FSP 47490), the FSC Mauritius, the FSA Seychelles (a separate Seychelles company also called Moneta Markets Ltd) and the UAE Capital Market Authority (introduction and promotion only). On client funds, the client agreement says money a client deposits is not client money, and WIKILIX's review of the broker's documents found that the fund insurance it advertises does not pay the first 20,000 US dollars of each claim and names a different company as the insured.