Moneta Markets Journal

Journal status: live
Moneta Markets joined in | not yet
Moneta Markets Profile
Year
2020
Country
Vanuatu
Branches
1
Regulation
VFSC Vanuatu
Investor protection
Fund protection
no
Publicly traded
no
Restricted countries
Not serving
х Afghanistan, Africa, Albania, American Samoa, Belarus, Belgium, Bermuda, Bosnia And Herzegovina, Burundi, Canada, Congo, Crimea, Cuba, Eritrea, Guam, Guinea, Guinea-Bissau, Iran, Iraq, Japan, Lebanon, Libya, Mali, Montenegro, Myanmar, North Korea, Puerto Rico, Sevastopol, Sierra Leone, Somalia, South Sudan, Spain, Sudan, Syria, US, US Virgin Islands, Venezuela, Yemen, Yugoslavia, Zimbabwe
Broker type
STP, DMA, ECN pricing
Dealing book
A-book
Tier
3
Execution speed
...
LPs total
7
LPs quality
Tier-1 Banks, Tier-2 Pops
LPs names
Citibank, Credit Suisse, Goldman Sachs, HSBC, JPMorgan, Nomura, RBS

Moneta Markets Accounts
STP
ECN
Minimum Deposit
50 $
200 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
6 lots
EURUSD spread
1.2 pips
0 pips
Commission
0 $/lotRT
0.01 $/lotRT
Volume
...
...
Margin Call
...
...
Stop Out
50 %
50 %
Execution
Market
Market
Spread
floating
floating
Scalping
no
no
Update broker

Is Moneta Markets safe?

  • Investor protection: no
  • Regulation: VFSC Vanuatu
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: yes

Is Moneta Markets trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • Moneta Markets website: highly detailed, updated ★★★★★
  • Moneta Markets popularity (by visitor count): low visits ★★

How Moneta Markets works

The price of a base currency is set with reference to the current market price offered to us from our hedging partners. However, in certain circumstances, the price we set may be different from the current market price. In particular:

• We act as a market maker, mainly due to system failure and accordingly, set prices at which we are prepared to deal with you;

• If we cannot determine a price because trading is limited, then the price will be the price immediately preceding such limitation; or

• determined by us in our absolute discretion, acting reasonably, but having regard to the prevailing market conditions affecting trading as a whole or trading in such currency.

https://www.monetamarkets.com/pdf/MonetaMarkets_Key_Facts_Summary.pdf

Each of the following constitutes a Default Event:

wilful misconduct, (including commission churning, sniping, causing or contributing to or benefiting from a Quoting Error, moving the price of an underlying asset, scalping, arbitraging off‐market pricing);

https://www.monetamarkets.com/pdf/MonetaMarkets_Client_Agreement.pdf

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