What exactly is Moneta Markets?

MonetaMarkets is an online platform that gives merchants and investors access to numerous financial instruments, such as forex, commodities, indices, shares, and cryptocurrencies. Moneta Markets broker is an intuitive and user-friendly platform for both novice and seasoned traders. The trading platform at Monetamarkets.com provides competitive pricing, swift and dependable execution, and minimal trading costs.

Briefly On Moneta Markets

Moneta Markets was established in 2019, and its affiliated entities presently hold regulatory status in Australia with the Australian Securities and Exchange Commission (ASIC) and in South Africa with the Financial Services Conduct Authority (FSCA). The Moneta Markets brand serves over 70,000 customers on a monthly basis and processes over $100 billion in trading volume.

Is Moneta Markets safe?

With a Trust Score of 71 out of a possible 99, Moneta Markets is regarded as a company with moderate risk. Moneta Markets is not publicly traded and does not function a bank. It is regulated by one tier-1 regulator (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust). Moneta Markets is authorized by the Australian Securities Investment Commission (ASIC), a top-tier regulator. Gain knowledge about Trust Score.

Financial Instruments Traded on Moneta Markets

The MonetaMarkets trading platform gives traders access to a vast array of trading instruments, such as:

• Forex Trading
  Forex trading is the purchase and sale of currencies. Moneta Markets provides access to more than 45 currency pairs, including major, minor, and exotic currency pairs.
• Commodity Exchange
  Buying and selling physical commodities, such as gold, silver, oil, and natural gas, constitutes commodity trading. Numerous commodities, including precious metals, energy, and agricultural products, are accessible to traders through the Monetamarkets.com broker.
• Stock Trading
  The purchasing and selling of stocks or equities of publicly traded companies constitutes share trading. Moneta Markets gives traders access to more than 200 global stocks.
• Trading in Digital Currencies
  Crypto trading is the buying and selling of virtual currencies like Bitcoin and Ethereum. Moneta Markets provides traders with access to a variety of cryptocurrencies, including the most prominent ones.

Mobile trading applications

Moneta Markets provides the MetaTrader suite of platforms in addition to its own straightforward AppTrader mobile application. In comparison to the top MetaTrader brokers, Moneta Markets is a laggard in terms of its AppTrader mobile application and MetaTrader's lack of additional add-ons beyond the standard platform suite.

ALSO READ:Hcoin Review – Is Hcoin Scam or Legit?

Apps overview: Moneta Markets offers its own AppTrader platform in addition to the complete MetaTrader mobile platform suite (MT4 and MT5), all of which are available on Google Play for Android and the Apple App Store for iOS devices.

AppTrader is created by PandaTS, the same company responsible for the Moneta Markets web platform, whereas MetaTrader is created by MetaQuotes Software Corporation.

Stress free: Although AppTrader is simple and straightforward to use, there is still a great deal of area for development and improvement. To more closely integrate the experience across devices, I'd like to see Moneta Markets incorporate some of the web platform's functionality into its AppTrader mobile app.

Charting: AppTrader's charts appear similar to those available in the web version, minus indicators and sketching tools. In addition, visualizations cannot be viewed in landscape mode, and watchlists are not synchronized with the web version. Saxo Bank and TD Ameritrade (only available to U.S. citizens) are two brokers that have nearly mastered the art of generating a synchronized experience across devices (even trend lines are synchronized across platforms).

Additional trading platforms

Compared to its PROTRADER platform, which employs TradingView for charting, Moneta Market's WebTrader platform has a minimalistic design and a limited selection of features. On the WebTrader platform, for example, there are no news headlines and only four watchlist columns.

Platforms overview: MetaQuotes Software Corporation's MetaTrader platform suite (MT4 and MT5) and the PandaTS-powered Moneta Markets WebTrader app are the two trading platforms offered by Moneta Markets. Moneta Markets recently introduced its TradingView-powered PROTRADER platform.

Charting: Moneta Markets' WebTrader charts are adequate, offering six varieties, ten drawing tools, 48 indicators, and nine timeframes. The panning and zooming were not as fluid as I had anticipated, but they were not dreadful, for example when using the dedicated zoom buttons. Brokers such as FOREX.com and eToro offer a more robust charting suite.

Trading tools: WebTrader provides a limited number of trading instruments, including Trading Central's Market Buzz, Featured Ideas, and Economic Calendar. However, these features are not incorporated into the platform and instead redirect to an external link that opens in a new tab. Full integration of these tools within the platform is a crucial long-term fix, as it would provide a noticeably more streamlined WebTrader experience and enable traders to maintain their focus on the markets.

Platform usability: First thing I noticed about the WebTrader platform was its HTML5 interface, which is now the industry standard for web-based trading applications. The platform is also exceedingly user-friendly. Beginners may find the WebTrader platform to be suitable for their requirements, whereas more experienced traders will not. Complex order types such as a trailing stop-loss are unavailable on WebTrader, for instance.

Sentiment data: The Trader's Trend section below the order ticket displays sentiment data, but lacks detail beyond a straightforward ratio of bears to bulls in percentage terms. Comparatively, CMC Markets focuses on specifics such as the sentiment of its most successful traders with daily percentage change information.

Offering of investment opportunities

Depending on which Moneta Markets entity and platform you use, you may have access to as many as 1016 symbols across various CFD markets, including forex, shares, indices, commodities, and metals.

Cryptocurrency:Cryptocurrency trading is available through CFDs at Moneta Markets, but not through trading the underlying asset (such as purchasing Bitcoin). Note: Crypto CFDs are not available to retail traders or U.K. residents from any U.K. broker entity.

The summary table below summarizes the various investment options available to clients of Moneta Markets.

Channels for Dealing on Moneta Markets

Moneta Markets provides traders with access to a variety of trading platforms, such as:

• Metatrader 4 (MT4)

• Webtrader

• Mobile trading app

Withdrawals and Deposits on Moneta Markets

The MonetaMarkets broker provides a variety of convenient and secure deposit and withdrawal options to its clients. Withdrawals can be processed via bank wire transfer or e-wallets. Various payment methods, including credit/debit cards, bank transfers, and e-wallets, can be used to make deposits. Moneta Markets charges no fees for deposits or withdrawals.

ALSO READ:AI Global Group Review— AI-GlobalGroup Scam Alert

Safety and Compliance

When choosing a broker, security and regulation are two crucial factors that traders consider. The broker Moneta Markets has implemented stringent security measures and regulatory frameworks to ensure that client funds and personal information are always protected.

Pros

• Moneta Markets has regulatory status in one jurisdiction of tier-one status.
• In addition to regulatory coverage, carries indemnity insurance for added protection.
• DupliTrade and Zulutrade are social copy-trading platforms.
• Offers the MetaTrader platform alongside its own WebTrader and AppTrader platforms.

Cons

• Moneta Markets is not a viable option for cost-effective trading.
• Some modules on the website of Moneta Markets were obsolete, and others simply did not load.
• WebTrader and its mobile counterpart AppTrader lack integrated trading instruments.
• Provides fewer markets than the leading multi-asset brokers.
• Moneta Markets lacks exhaustive, high-quality market research, despite offering Trading Central add-ons and daily Moneta TV video content.
• In the Moneta Markets Masters Course, there are more than 100 instructional videos, but no in-depth written articles.

Protection Measures

Moneta Markets employs sophisticated security measures to safeguard the funds and personal information of its customers. These measures consist of:

• SSL encryption

• distinct client assets

• authentication using two factors

Increased Security

As a regulated broker, Moneta Markets must adhere to stringent regulatory requirements, including:

• Client Account Separation

• Risk management:

• Anti-money-laundering (Aml) And Counter-Terrorism-Financing (Ctf) Measures

Customer Service

Customer service is essential for any online broker, including Moneta Markets. The broker provides customer service via phone, email, and live chat, making it simple for traders to obtain assistance whenever they require it. The customer service department is accessible 24/7.

ALSO READ:GlareMarkets Review – Is GlareMarkets Scam Or Legit?

On its website, Moneta Markets trading provides a comprehensive FAQ section covering a variety of topics, including account management, trading products, and fees and margins.

Trading Resources and Education

Moneta Markets offers a variety of educational resources for traders to enhance their skills and knowledge. These consist of:

• Webinars: Moneta Markets hosts frequent, free webinars on a variety of trading topics for registered users.

• Trading Courses: The broker Moneta Markets offers extensive trading courses on forex, commodities, and other markets.

• Market Analysis: Moneta Markets provides daily market analysis, including fundamental and technical analysis, to assist traders in making informed decisions.

Device Availability

Moneta Markets provides multiple options for traders to access and trade on its platform using their preferred devices. Traders can access the broker's web-based trading platform from any internet-connected computer or mobile device.

Moreover, Moneta Markets offers an iOS and Android mobile trading software. The mobile application is intended to provide traders with the same capabilities and features as the web-based platform, but in a more convenient and portable format.

Conclusion

In conclusion, Moneta Markets is a comprehensive online broker that provides traders with a variety of trading products and investment options globally, along with an intuitive platform, competitive spreads, and educational resources. Overall, Moneta Markets is a dependable and reputable online broker that provides excellent trading conditions for traders of all experience levels.