Moneta Markets Review crypto broker 2024

Our veredict

Moneta Markets is a robust and versatile platform that offers a wide range of trading opportunities, including 43 crypto CFDs. It’s particularly beneficial for both beginner and experienced traders due to its user-friendly interface, extensive educational resources, and advanced charting tools. Moneta Markets also supports high leverage, up to 1000:1, which can amplify trading potential. Additionally, the platform provides access to social trading via CopyTrader and ZuluTrade, enabling users to replicate the trades of successful traders, making it a great option for those new to trading.

However, there are some drawbacks to consider. Moneta Markets operates primarily as an offshore broker, which may raise concerns about the level of regulatory oversight. Furthermore, while the platform offers multiple deposit options, withdrawal methods are somewhat limited. Despite these concerns, Moneta Markets remains a compelling choice for those seeking a comprehensive trading platform with a focus on educational support and advanced trading tools.

Pros

Wide Range of Deposit Options Moneta Markets offers a variety of deposit methods, including wire transfers, credit cards, and online payment systems like Skrill and Bitcoin, catering to a diverse range of traders.
Comprehensive Educational Materials The platform provides extensive educational resources, including tutorials, webinars, and market analyses, which are beneficial for traders at all levels to improve their trading skills and knowledge.
Advanced Charting Tools Moneta Markets is equipped with sophisticated charting tools and supports platforms like MetaTrader 4 and 5, enabling traders to perform detailed technical analysis and execute complex trading strategies effectively.

Cons

No Support for Popular Platforms Like TradingView Despite offering advanced tools and platforms like MetaTrader, Moneta Markets does not support trading on popular platforms like TradingView, which might be a drawback for traders who prefer using such tools.
Offshore Regulation Moneta Markets operates primarily as an offshore broker, which might raise concerns about the robustness of its regulatory oversight compared to brokers regulated in more stringent jurisdictions.

3,5

Threenvest Score

Fees

3,8/5

Regulated

VFSC

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Why choose Moneta Markets?

Moneta Markets stands out as a top choice for cryptocurrency trading due to its user-friendly interface, extensive range of financial instruments, and strong regulatory framework. The platform supports trading in over 800 CFDs, including 43 crypto CFDs, offering a diverse portfolio for traders to explore. Moneta Markets’ advanced charting tools and access to popular platforms like MetaTrader 4 and 5 enable traders to execute sophisticated strategies with ease. Additionally, the inclusion of social trading platforms such as CopyTrader and ZuluTrade makes it easier for beginners to follow and replicate successful trades, thus reducing the learning curve.

Security is a paramount feature of Moneta Markets. The platform operates under the regulation of ASIC, FSCA, and FSA, ensuring adherence to strict financial standards. Client funds are held in segregated accounts at reputable banks like National Australia Bank, providing an additional layer of protection. Moreover, Moneta Markets offers professional indemnity insurance, safeguarding clients’ deposits against potential financial issues within the company.

Another compelling reason to choose Moneta Markets is its commitment to providing a seamless trading experience. The platform boasts a fast withdrawal process and multiple funding options, including wire transfers, credit cards, and various online payment methods like Skrill and Bitcoin. The educational resources available on the platform are comprehensive, catering to traders of all levels and enhancing their trading skills through tutorials, webinars, and detailed market analyses. This combination of features makes Moneta Markets a reliable and efficient choice for cryptocurrency trading.

Xavier Tarrasó

EIP and Cryptocurrency Investor

As an expert in cryptocurrency trading, I highly recommend Moneta Markets for its comprehensive range of crypto CFDs and robust trading tools. The platform’s high leverage options, combined with its advanced charting and social trading features, make it ideal for both beginners and experienced traders. Additionally, its strong regulatory framework and the segregation of client funds provide a secure trading environment. Whether you’re looking to leverage your positions or follow successful trading strategies, Moneta Markets offers the tools and support necessary to help you succeed in the volatile world of cryptocurrencies.

How do we review crypto exchanges?

At Threenvest, we conduct a thorough review process to evaluate and rank the world’s leading crypto exchanges. Our goal is to offer an unbiased assessment, providing you with the information you need to make informed decisions on which ones best suit your needs. We strictly adhere to the guidelines of our editorial policy.

We collect data directly from exchanges through detailed questionnaires and conduct first-hand testing and observations during crypto exchange demonstrations. Questionnaire responses, combined with demonstrations and hands-on research from our experts, feed into our proprietary evaluation process that scores each provider’s performance on more than 15 factors. The end result produces star ratings ranging from poor (one star) to excellent (five stars).

For more details on the categories considered when rating brokers and our process, read our full methodology.

Risk Disclaimer

Investing in cryptocurrencies is very risky, you should only invest the money you are willing to lose. Also you should not expect to be protected if something goes wrong.

Neither Threenvest, nor the author, are recommending you to invest with this article.

Alejandro Borja Fuentes

Economist | Cryptocurrency exchange analyst

The author of the review

Alejandro Borja is an accomplished economist with a distinguished career spanning various facets of the financial industry. His academic journey began with a degree in Economics, laying the foundation for his deep understanding of financial markets.

Over the years, Alejandro has honed his skills by working with some of the largest financial media outlets, analyzing and reporting on economic trends and investment opportunities. His expertise in financial analysis has made him a respected voice in the economic community.