

This company operates apparently from the UK as Vantage Global Prime LLP. Other entities are Vantage Global Limited and Vantage International Group. Some are based in Vanuatu and some are in the Cayman Islands.
Broker status: | Unregulated / Offshore Broker |
Regulated by: | No regulation |
Scammers Websites: | Monetamarkets.com |
Blacklisted as a Scam by: | N/A |
Owner: | N/A |
Headquarters Country: | UK / Cayman Islands / Vanuatu |
Foundation year: | 2020 |
Supported Platforms: | MT4/ Web-trader |
Minimum Deposit: | 50$ |
Cryptocurrencies: | No |
Types of Assets: | Forex, Commodities, Indices, Stocks |
Maximum Leverage: | 1:500 |
Free Demo Account: | Yes |
Accepts US clients: | No |
Site Grid: | N/A |
We wanted to do deeper research presented in this Moneta Markets review. Here it comes.
Moneta Markets – A Broker Without A License?
To be honest, Vantage Global Prime LLP owns a license, from the FCA. Unfortunately, that license is not linked to Moneta Markets broker. Therefore, we can assume that this is just some shady trick to get people on board.
Of course, the ones that know what they are looking for, already understand that this is a scam.
Summary: When you think of a legitimate company, you think of a license first. Moneta Markets broker doesn’t have it. Be extremely careful in handing over your money here.
Arguments For Trading With a Licensed Broker
Licensed brokers are more reliable. Trading conditions are straightforward and you can’t make mistakes with them. To be 100% sure that you are trading with a legitimate company, always look for Tier 1 regulations like FCA, BaFin or ASIC.
But when the company is hiding behind three other brands we know there is something suspicious. Going through the database of Tier 1 Regulators we couldn’t find anything about Moneta Markets broker.
Financial Regulators’ Warnings as a Red Flag of a Scam
Analyzing MonetaMarkets reviews we found that there are multiple warnings issued against them. There are CONSOB and CNMV that are warning people against this bogus scam.
Looks like they are targeting clients from Europe, most probably German-speaking areas like Germany, Switzerland or Austria.
Moneta Markets Provides Which Platforms? – Trading Software
What is good is that Moneta Markets trading offers an MT4 trading platform. Besides that, their PRO Trader is available, which can be a very good option for experienced traders.

What is important is that you understand the capabilities and benefits of certain trading software. If it’s reliable and it gives you good TA and social trading tools, then we highly suggest you use it.
MetaTrader4
MT4 is one of the standard apps used for trading. Clients know that these are covering most of the important indicators and tools to keep your trading safe. On the other hand, companies like these often use their apps to attract clients.
The end goal is to make people put in as much as possible and of course to disappear with that.
PRO Trader
That is where the PRO trader app comes into play. It offers a variety of utilities that help traders make their trading easier. It’s not rare that apps like this are user-friendly and very easy to use.
Moneta Markets Trading Instruments

Moneta Markets reviews showed us some intriguing facts that don’t go in their favor. What goes is that they don’t offer cryptocurrencies. That’s what is not allowed according to regulations. What they offer are:
- Forex USD/GBP, USD/JPY, NZD/USD
- Commodities Crude oil, Gold, Platinum
- Indices DAX30, CAC40, Nikkei 225
- Stocks Apple, Deutsche Bank, Cisco.
Moneta Markets Fraud Risk Zones – Service Countries
The company is not reaching out to the most regulated countries. That’s why they are, according to MonetaMarkets reviews, reaching out to countries like:
- Canada
- Australia
- Italy
- UK
Any country they try to reach out to is at risk. Since the company doesn’t offer any security. Always first look for license licenses and regulations and based on that make your decision.
Different Types of Moneta Markets Brokerage Accounts
According to the company, they don’t offer any specific trading account types. The minimum requirement is 50 $ and you can choose between STP and True ECN accounts.
Leverage goes up to 1:1000 which is very risky and high. Regulated companies offer a maximum of up to 1:50. Apparently there are no deposit fees, but when it comes to withdrawals situation is most probably different.
Access to a Free Demo Account
A big plus for this company is that they offer a Demo trading account. It can be suitable for beginners to see what the company offers. On the other hand, it is dangerous because you get used to throwing virtual funds away.
Once you start trading with your money, the situation changes. Therefore you need to be very careful with it.
Negative Balance Protection
This is a very important aspect of trading. Some companies that don’t have this feature on their platforms made someone’s life a nightmare.
The idea is that you can’t lose what you don’t have. So at any point in time, clients’ money is segregated from the company funds. This is a big plus for Moneta Markets.
Moneta Markets Affiliate Program
Affiliate programs work like a Ponzi scheme. The idea is to bring clients to the company and you should get certain benefits from it. Don’t fall for that!
Before you get your own money out, don’t share the company program with anyone.
Moneta Markets Terms and Conditions
Since only one of the branches is regulated, we wouldn’t trust MonetaMarkets broker so much. Even though they have certain restrictions in terms of depositing with cards, there is a reason for that.
They don’t want to get a chargeback that is higher than 10.000$. That would destroy their payment provider.
Therefore they offer a maximum investment of up to 10.000 USD with one card per day.
Other fees for withdrawals, overnight trading, inactive accounts and more are as well present.
Spreads & Commission
The spread varies between accounts. They start from 0.1 pip up to 1.2 pips for a standard account. The leverage that the company offers is high for FCA standards.
Besides spread, the company is making profits from commissions. Starting from 0.08% for AU Shares and up to 6$ per share for US shares.
Moneta Markets Broker Scammed You? – Please Tell Us Your Story
We all know that at some point you will be caught by this. If that was the case, let us know what exactly happened. Not everything is lost.
And for your information, there is a way that you can get your money back. Chargeback is a magic trick.
What Is the Chargeback Procedure?
If you were using a Debit/Credit card, in the first 540 days upon transaction you can request a chargeback. It can be performed as well by the merchant as well.
The goal is to reverse that transaction that was fraudulent.
Our experts can help you with your first steps. Get in touch today and book a free consultation!
FAQ About Moneta Markets Broker
What Is Moneta Markets?
This is a non-licensed brokerage offering services in trading without any integrity.
Is Moneta Markets a Scam Broker?
Even though they provide licenses for some of their branches, Moneta Markets doesn’t have any. Therefore, it could be a scam.
Is Moneta Markets Available in the United States or the UK?
Moneta Markets offers services only to UK clients, but not US.
Does Moneta Markets Offer a Demo Account?
Yes. They offer besides live trading accounts virtual trading account.