Since its inception, Moneta Markets Limited has gained a reputation as a leader in the brokerage industry. This is the commercial trading name, which is also registered, in the British Virgin Islands. This Max CFD and Forex broker, registered with number 1829508, offers a wide variety of financial instruments. With them, you can trade FX, commodities, indices, and cryptos. Here’s what you need to know about Moneta Markets, including where it stands in the regulatory hierarchy, what accounts it offers, and the nature of its customer support.
Moneta Markets is regulated by the Vanuatu Financial Services Commission (VFSC), with registration number 14079. As such, Moneta Markets is not subject to supervision by the Financial Conduct Authority (FCA) in the United Kingdom. Often neglected, this is a critical detail to remember. This difference can help shape the decision-making of prospective clients who value adherence to regulations.
The broker serves both beginners and professional traders by offering multiple account types. Moneta Markets provide demo accounts for traders who want to test their trading techniques free of charge. When you are ready to begin live trading, the broker requires a minimum deposit of $100. This accessibility opens up trading to the world’s retail traders and investors.
One of the standout features of Moneta Markets is its maximum leverage of 1:500 for retail clients. High leverage means that slight increases in profits have a big impact. It also introduces uncertainties that create risks traders need to fully assess before entering into leveraged trading.
Considering their international reach, Moneta Markets supports a diverse range of payment methods to make depositing and withdrawing funds convenient. Clients are able to pay via credit & debit cards, bank transfer, and e-wallets. This provides users from all countries more flexibility and convenience.
Customer service is yet another cornerstone of Moneta Markets’ offerings. The broker does boast 24/5 customer support, which is available by phone, email, or live chat. This commitment to customer service ensures that traders have access to assistance whenever they need it, enhancing their overall trading experience.
Moneta Markets focus on education In addition to its great trading services, Moneta Markets prides itself on providing education. The broker provides a wealth of educational resources, from live and recorded webinars to video tutorials and in-depth market analysis. These tools arm traders with a unique and holistic understanding. In today’s fast moving financial markets, they provide them the tools to make smart decisions.
Moneta Markets understands the value of accessibility and user experience. The broker’s website complements their in-person assistance and guidance by making it available online in multiple languages, including English, Spanish and Arabic. This multilingual support enables a wider audience of traders to connect with Exness’s services and improve their trading experience.