Moneta Markets Information

Moneta Markets is a CFD broker that provides 1000+ of the most liquid currencies, indices, commodities, share CFDs, ETFs and more with PRIME ECN spreads from 0.0 pips! Traders can also access MetaTrader 5, MetaTrader 4, AppTrader, and PRO Trader platforms through Moneta Markets. The broker also provides a demo account.

Pros and Cons

Is Moneta Markets Legit?

Moneta Markets is primarily regulated by the UKs Financial Conduct Authority (FCA), with regulatory number: 613381. The FCA is globally renowned for its rigorous regulation and robust investor protection. It mandates that brokers must implement client fund segregation, regularly submit financial reports, and undergo annual audits. In the event that a regulated broker becomes insolvent, investors can receive compensation of up to £85,000 through the Financial Services Compensation Scheme (FSCS), applicable to all global clients.

What Can I Trade on Moneta Markets?

Moneta Markets offers 1000+ market instruments, including 44 FX Pairs, 16 Indices, 19 Commodities, 700+ Share CFDs, 30+ Crypto CFDs, 50+ ETFs, and 7 Bonds.

Account Type

Moneta Markets has three live account types: Direct STP, Prime ECN, and Ultra ECN. Traders who want low spreads and deposits can choose a Prime ECN account, while those with a sufficient budget can open an Ultra ECN account.

In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Muslims are allowed to open Islamic accounts without swaps.

Moneta Markets Fees

The spread starts from 0.0 pips, the commission is from 0, and the swap is as low as zero. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Trading Platform

Traders can conduct financial activities in MT4, MT5, AppTrader, and PRO Trader. Both MT4 and MT5 provide various trading strategies and implement EA systems. Moneta Markets offers trading platforms for mobile and web versions.

Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).

Deposit and Withdrawal

The first deposit amount must be $50 or above. Moneta Markets accepts International EFT, Credit/Debit Cards (Visa and MasterCard), FasaPay, JCB, Sticpay, and more for deposit. Withdrawal will be processed within 1-3 business days.

Bonus

Traders who deposit $500 or more into their real account will receive a 50% bonus.

Spreadco Information

Spreadco is a broker regulated by FCA in the United Kingdom. The tradable instruments include gold, equities, indices, FTSE100, forex, commodities, and ETFs.

Pros and Cons

Is Spreadco Legit?

The Financial Conduct Authority (FCA) regulates Spreadco with license number 446677, and the license type is Market Maker (MM), making it much safer than unregulated brokers.

What Can I Trade on Spreadco?

Spreadco offers a wide range of market instruments, including gold, equities, indices, FTSE100, forex, commodities, and ETFs.

Account Type & Fees

Spreadco has two live account types: Spread Betting and CFD. In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only.

Trading Platform

Spreadco provides a proprietary trading platform available on the web, mobile, and tablet to trade, instead of the authoritative MT4/MT5 with mature analysis tools and EA intelligent systems.