Abstract:Moneta Market, founded in 2023 and headquartered in Canada, positions itself as a versatile online trading platform offering access to a wide range of financial instruments including Forex, CFDs, metals, cryptocurrencies, and equities. Despite its expansive product offering and promising low ECN spreads starting from 0.0 pips, it operates without regulatory oversight.
Moneta Market | Basic Information |
Company Name | Moneta Market |
Founded | 2023 |
Headquarters | Canada |
Regulations | Not regulated |
Tradable Assets | Forex, CFDs, metals, cryptocurrencies, equities |
Account Types | ECN, Micro, and Standard Pro |
Maximum Leverage | 1:200 |
Spreads | Starts from 0.0 pips (PRIME ECN) |
Commission | Not specific |
Deposit Methods | Visa, MasterCard, JCB, Sticpay, Fasapay, Boleto, wire transfer |
Trading Platforms | Trader 7 |
Customer Support | Phone (+1 418 800 2152), Email (support@monetamarket.ca) |
Trading Tools | Offers comprehensive trading guides and analysis |
Moneta Market emerges as a modern trading platform offering a robust range of financial instruments with appealingly low spreads. Its integration of advanced trading platforms Trader 7 , complemented by extensive analytical tools, supports a dynamic trading experience. However, the absence of regulatory oversight is a critical drawback, introducing significant risks to the security of client funds and the integrity of trading operations.
There is no recognized financial regulatory body that oversees Moneta Market. Being an unregulated broker means that regulatory agencies that are in charge of maintaining adherence to industry norms and safeguarding traders' interests have no control over its operations. Concerns are raised regarding the security and safety of funds as well as the openness of the broker's business operations due to this lack of regulation.
Moneta Market offers an extensive range of tradable instruments, making it appealing to traders looking for diversity in their investment portfolios. The platform's low ECN spreads starting from 0.0 pips and advanced trading platforms Trader 7 provide a competitive edge. Traders should weigh these pros and cons carefully when considering Moneta Market for their trading needs.
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Moneta Market offers trading in over 1,000 instruments, including liquid currencies, indices, commodities, share CFDs, and ETFs. The platform provides access to PRIME ECN spreads starting from 0.0 pips, allowing traders to engage in various global markets at low costs.
Here is a comparison table of trading instruments offered by different brokers:
Broker | Forex | Metals | Crypto | CFD | Indexes | Stocks | ETFs |
Moneta Market | Yes | Yes | No | Yes | Yes | Yes | Yes |
AMarkets | Yes | Yes | No | Yes | Yes | Yes | No |
Tickmill | Yes | Yes | Yes | Yes | Yes | Yes | No |
EXNESS Group | Yes | Yes | Yes | Yes | Yes | Yes | No |
To open an account on Moneta Market, follow these three simple steps:
1. Register: Open a live account and start trading in just minutes.
2. Fund: Fund your account using a wide range of funding methods.
3. Trade: Access over 1000 instruments across all asset classes.
Moneta Market offers PRIME ECN spreads starting from 0.0 pips.
Moneta Market supports various deposit and withdrawal methods, including Visa, MasterCard, wire transfer, JCB, Sticpay, Fasapay, and Boleto.
Moneta Market offers the Trader 7 platform, which features TradingViews web-based charting and built-in trading module. It includes over 100 indicators, 50+ chart drawing tools, 11 chart types, and up to 21 layouts for a comprehensive trading experience.
Moneta Market provides customer support through phone and email. They can be reached at (+1) 418 800 2152 or via email at support@monetamarket.ca.
Moneta Market provides trading tools including TradingViews web-based charting with built-in trading module, over 100 indicators, 50+ chart drawing tools, 11 chart types, and up to 21 layouts to enhance trading analysis and decision-making.
User 1: “Jumped onto Moneta Market recently and I'm kinda impressed with the low spreads; feels like I'm trading on a major league platform without the major league fees, you know? But, gotta say, the whole no-regulation thing does make me a bit jittery. Like, whats the safety net here?”
User 2: “I‘ve been trading with Moneta Market for a couple of months now. Love the diversity of instruments — got everything from Forex to crypto. The Trader 7 platform is smooth, packed with tools which is perfect for my trading style. However, I wish there was more clarity about their business practices. Makes you wonder if you’re missing some fine print somewhere.”
Moneta Market offers extensive trading capabilities with its wide array of instruments and advanced trading platforms. However, the lack of regulatory oversight casts a shadow over its operations, making it imperative for potential traders to consider the risks associated with an unregulated entity. The balance between advanced trading tools and potential operational risks is a significant consideration for anyone looking to engage with Moneta Market.
Does Moneta Market have regulatory oversight?
Moneta Market operates without the oversight of any official financial regulatory body, which means it lacks formal regulation.
What types of assets can I trade with Moneta Market?
At Moneta Market, you can trade a broad range of assets including Forex, commodities, stocks, and ETFs.
What are the starting spreads for trading at Moneta Market?
Spreads at Moneta Market start from as low as 0.0 pips on their PRIME ECN accounts.
Can I trade cryptocurrencies through Moneta Market?
Yes, Moneta Market offers cryptocurrency trading among its selection of over 1,000 tradable instruments.
What platforms does Moneta Market offer for trading?
Moneta Market provides the Trader 7 platform, which includes comprehensive charting tools and a variety of indicators.
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 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.