Moneta Markets are a regulated CFD broker, providing traders access to the global market through top tier FX liquidity providers. We give clients access to over 300 tradable instruments through our the powerful MT4 and PRO Trader platforms, as well as iOS and Android Apps.
With Moneta Markets, you can trade over 300 instruments such as Currencies, Commodities, Indices and Share CFDs through the Moneta Markets MT4 and PRO Trader platforms.
Moneta Markets is a trading name of Moneta Markets South Africa (Pty) Ltd, an authorised Financial Service Provider (“FSP”) registered and 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.
Moneta Markets is a trading name of Moneta LLC, registered under Saint Vincent and the Grenadines Financial Services Authority (“SVGFSA”) with registration number 2052 LLC 2022 and located on First Floor, First St Vincent Bank Ltd Building, James Street, Kingstown, St. Vincent and the Grenadines.
Moneta Markets is a regulated CFD Broker. Under FSCA and SVGFSA regulation, Moneta Markets assures transparency across all CFD trading operations, with all client funds kept in a segregated account held with an AA rated Global Bank. Moneta Markets are subject to regular third-party auditing.
Due to CFTC regulation, US traders are unable to trade with non-US brokers. Traders from all other countries are welcome to apply.
While we welcome clients from all over the globe, unfortunately we are unable to service clients from the following countries and regions:
Afghanistan, American Samoa, Albania, Australia, Belarus, Bermuda, Bosnia And Herzegovina, Bulgaria, Burma, Burundi, Central African Republic, Crimea, Croatia, Cuba, Cyprus, Democratic Republic of the Congo, Eritrea, Former Federal Republic of Yugoslavia, Guam, Iran, Iraq, ISIL (Da’esh) & Al-Qaida & The Taliban, Italy, Ivory Coast, Japan, Liberia, Libya, Macedonia, Mali, Montenegro, Myanmar, North Korea, Puerto Rico, Republic of Guinea, Republic of Guinea-Bissau, Romania, Sierra Leone, Serbia, Sevastopol, Singapore, Slovenia, Somalia, South Sudan, Spain, Sudan, Syria, United States of America, United Kingdom, United States Virgin Islands, Venezuela, Yemen, and Zimbabwe.
To open a Moneta Markets live trading account, click the white ‘Demo’ button at the top right hand corner of every page.
Each Moneta Markets demo account lasts for 30 days before your login will expire. We encourage our new traders to demo trade until they are comfortable with the Moneta Markets MT4 and PRO Trader platforms as well as their own trading strategy.
To open a Moneta Markets live trading account, click the green ‘Sign Up’ button at the top right hand corner of every page. Complete the application, provide the required documentation for proof of identity and once approved, your new account details will be emailed to you.
The online application required for a live Moneta Markets trading account is fast and easy to complete and generally takes just a couple of minutes. If your country of residence is eligible for online verification, your account will be opened instantly, and you can deposit funds to start trading. If you are required to manually submit the accompanying required proof of identity documentation, your account will generally be set up for funding and live trading within 24 hours.
To open a live CFD trading account, Moneta Markets’ AML and CTFA regulations require 100 points of proof of identity documentation to be submitted alongside your application. Using a smartphone, digital camera or scanner, simply upload a clear picture of the required documents or email them to [email protected]. Please note that you will still be required to submit your Proof of Address documentation prior to any withdrawal requests.
Proof of ID specifications
Please send a colour copy of one of the documents outlined below, ensuring that the entire document is contained in the copy and is clearly legible:
· A valid international passport (showing the signature page); or
· A valid Driver’s Licence (showing the photograph side); or
· A Government issued National Identity Card.
Proof of Address specifications
Please also send a copy of one of the following documents, ensuring that the entire document is contained in the copy and is clearly legible:
· A utility bill received within the previous 3 months. E.g. gas, electricity, water, rates that contains the applicant’s name and residential address; or
· A credit card statement or bank statement received within the previous 3 months (no online print-offs).
There are ZERO account opening or maintenance fees on all Moneta Markets live CFD trading accounts. This ensures that you can fund and trade your capital at your own pace with no pressure from Moneta Markets.
Moneta Markets clients can fund their account in a number of ways from within the Moneta Markets Client Portal.
Simply log in to your Client Portal, Click “Funds” - “Deposit” on the left side menu and choose your preferred funding method.
Moneta Markets can accept deposits from $50 using Bank Wire and Credit/Debit Card. Just remember that you can open and keep a live CFD trading account with a $0 balance.
Please note: Some deposit methods have a higher minimum deposit requirement.
Once your Proof of Address documentation is verified, Moneta Markets clients can withdraw funds directly from the Moneta Markets Client Portal.
Simply log in to your Client Portal, Click “Funds” - “Withdraw Funds” on the left side menu and choose your desired method.
Please note: 1. Due to AML / CTF laws, Moneta Markets cannot deposit funds to third parties. All money withdrawn from your account must go to a bank account in the same name as your Moneta Markets trading account.
2. Bank wire withdrawal requests must be verified for safety and security by the provision of a bank statement; which includes account holder information and bank details.
Deposit and withdrawal requests received prior to 19:00 EAST will be processed that same day. Requests received after 19:00 AEST will be processed on the next business day.
Moneta Markets does not charge any internal fees for deposits or withdrawals. However, please note payments to and from overseas banking institutions may attract intermediary transfer fees from either party which are independent of Moneta Markets.
From https://myaccount.monetamarkets.com/login, select “Forgot Password” at the bottom of the login form, enter your email address, and click “Submit”. You will receive an email containing your new password shortly after.
Moneta Markets’ standard Forex leverage starts at 500:1 for FX pairs.
The maximum leverage Moneta Markets may offer is up to 500:1 for FX, however you can reduce this to suit your risk appetite and trading strategy.
To view the maximum leverage for other Moneta Markets asset classes, please click here.
To submit a leverage change request, simply click here and complete the form at the bottom of the page.
To view MT4 or MT5 trade history, log in to your platform and select the ‘terminal’ window where you would normally see your account balance. Choose the ‘account history’ tab at the bottom. Right-click to choose custom dates, and export the report to your computer if needed.
Moneta Markets will alert you via email when the ‘Margin Level’ reaches 80%. From here, we will email you on the deposit requirements needed to keep your position open. If your Margin Level drops to 50%, then your position will be automatically closed via a margin call.
Holding both an open long and short position in the same Forex currency pair at the same time (otherwise known as hedging) is permitted on all Moneta Markets trading accounts.
No. Moneta Markets does not accept funds from or send funds to third parties.
MT4 swap rates can be accessed through the Market Watch tab (Ctrl+M). Right-click the financial instrument of interest, and select “Specifications”. From here you will be able to view the long and short swap rates.
This is because a swap involves pushing back the value date on the underlying futures contract and on Wednesday this date changes from Friday to Monday. Swap is therefore charged for the extra 2 weekend days.
If you are an existing client and wish to create an additional account, log in to the Client Portal, select "Accounts", and choose ‘Demo’ or 'Live' – ‘Open an Account’.
As a transparent, regulated broker we have policies and procedures in place to protect our clients during potential ‘black swan’ events, we have policies in place that will cover your negative equity level, restoring your account to a neutral balance.
Should an event transpire which results in a client’s trading account falling into a negative balance, we will be in touch to communicate that we will be restoring your account to a neutral balance, after which you are welcome to redeposit funds and resume trading as per usual
We understand that these rare events can cause significant stress, which is why we have these policies in place. Once we have restored your trading account to a neutral balance, you are welcome to redeposit funds and resume trading as per usual.
Please note: Should it be determined that a negative balance is the result of trading abuse, such as but not limited to excessive leverage or position size, Moneta Markets’ will evaluate whether the account qualifies to have the balance restored to neutral.
Yes, if you wish to open a Company Account please do so by clicking here
Traders can manage multiple MT4 accounts using MultiTerminal for MT4. Find out more about how to manage multiple trading accounts here.
If you would like to raise a dispute or complaint, please email us at [email protected]. To help us investigate and resolve your complaint as quickly as possible and with minimum inconvenience to you, please ensure that you provide as much information as possible in your email, including:
1.Your name, date of birth and address
2.Your trading account number and order number(s)
3.A clear description of your complaint
4.Details of what you would like us to do to put it right
5.Copies of any relevant documents, such as letters, screenshot, trading statements, etc.
6.Phone number where we can contact you
Under Moneta Markets’s partnership with MetaQuotes, Moneta Markets offers Forex, Commodities, Indices and Share CFDs on the industry-leading MetaTrader 4 and PRO Trader platforms.
Moneta Markets clients can enjoy seamless integration between all trading platforms, whether they prefer to trade using the powerful MT4 platform and mobile apps, or the Moneta Markets web-based PRO Trader platform.
To change your MT4 password, log in to your client portal, go to “Manage Accounts”, select “Change” on the trading account you wish to change, enter and confirm your new password, and save changes.
Moneta Markets offers its traders the official MT4 mobile applications, allowing you to trade anywhere, anytime. These applications are available across all mobile platforms including both Apple and Android.
To access the MT4 mobile platforms, log into your client portal and select “MT4 download” and choose the correct app for your device. Once the application is downloaded and opened, follow the steps below:
1. Go to ‘Settings’.
2. Click on 'Manage Accounts' or 'Settings'.
3. Then click on the small plus sign or select 'New Account'.
4. Then select 'Log in to an existing account'.
5. Search for the broker name
6. Select the server your account was set up on
7. Enter your login credentials and password
8. Click on 'Sign In'
Your MetaTrader 4 login information, including your account number, password, and Moneta Markets server were emailed to you when you opened your trading account.
In order for you to log in to your MT4 trading account, you will need your account number and password. These details were sent to you when you first opened your account. Select 'File' then 'Log in to Trade Account'. A login box will then appear in which you will be able to enter your account number, password and select the relevant server.
When typing your password, you should ensure that it is entered correctly. If you are copying and pasting, make sure not to copy any extra spaces over. You should also ensure that you select the server name mentioned in the email containing your login details. If you cannot see the server in the drop-down list, simply rescan the servers on your platform and select the correct server to ‘Login’. You will see your connection status update in the bottom right-hand corner of the platform. If the connection’s status shows ‘invalid account’, make sure your password was entered correctly. If it shows ‘no connection’, double-check that the server address was entered correctly.
There are two ways to open an MT4 Account. When you are first opening a live account you will be able to select the platform of your choice, MT4 ECN, MT4 STP.
Alternatively, if you already have a live account, you can choose to open an additional MT4 ECN, MT4 STP, MT5 ECN or MT5 STP.
When trading using MetaTrader 4 (MT4) platform and the ‘Trade Context is Busy’ message appears, it generally means that the platform is trying to process two (or multiple) orders at the same time.
To resolve this issue, simply close and reload your MT4 trading platform.
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