Moneta Markets Broker Review

Moneta Markets Broker Review – Is MonetaMarkets.com A Legit Broker To Trade With?

The UK Financial Conduct Authority and two offshore regulatory bodies are said to regulate Moneta Markets brokers. The company aims to be the year’s broker with a decent-looking website and adequate information.

This unbiased Moneta Markets review will show how a broker can convince you when running a scheme.

Please read our recently updated scam broker reviews of 5Markets, GF Markets, and Valuta Markets before continuing to read this article. You’ll save money, nerves, and time with it!

1. Status of the broker: offshore broker
2. Regulated by: Unlicensed Company (No Regulated).
3. Websites of scammers: MonetaMarkets.com
4. Trading Status: Active Forex and CFD Brokerage
5. Scam listed by: N/A
6. Owner of the broker: Vantage Group
7. Headquarters: UK, Vanuatu, Cayman Islands
8. Year of foundation: 2020
9. Trading platforms: MT4, MT5, WebTrader
10. Trading via mobile devices: Available
11. $50 is the minimum deposit
12. 50% + 10% Deposit Bonus
13. Trade Crypto Assets: Not Available
14. CFD Trading Option: Yes, CFDs can be traded
15. The following trading instruments are available: Currency Pairs (FX), Commodities, Indices, and Shares.
16. Leverage maximum: 1:500
17. Available Islamic Accounts
18. Demo Accounts are free: Yes
19. Does not accept US traders: The company does not accept US traders.
20. Global Fraud Protection Experts’ Verdict: Be Wary!

Is Moneta Markets Safe And Regulated? – The Importance Of Regulation

Traders at Moneta Markets are part of the Vantage Group, which consists of three companies. Under the FCA’s regulations, Vantage Global Prime LLP operates as Vantage Global Limited in the UK, Vanuatu, and the Cayman Islands.

The company put in some effort and got a Tier 1 license and offshore ones, which we appreciated. Upon double-checking with the FCA, we were disappointed.

Questions About Moneta Markets License

This UK-based, FCA-regulated firm only markets one brand – VantageFX – under Vantage Global Prime LLP. The same company appears to own three unregulated brands. There are three of them: Moneta Markets forex broker, FXBitMining, and FXMarkeTrades. Whenever you encounter any of these, you’re engaging in a scam.

Due to the lack of regulation in Moneta Markets, the story concludes.

The following brokerage companies are fraudulent: IGFB, FXPoint, and EpicInvests.

Moneta Markets Reviews – What Traders Are Saying

Trustpilot and many other websites contain reviews written by Moneta Markets, according to our research. Take a look at each of those, and you will notice that the account manager is almost the same every time. As it’s a one-person show and the company relies on one person.

What to Do If You Fall For A Moneta Markets Scam?

The sophistication of online trading scams is increasing daily, and fraudsters are coming up with new techniques everyday. Scam victims have nothing to be ashamed of. Our complaints indicate that many Moneta Markets customers are in that situation.

Chargebacks should be requested immediately after a dispute has been filed. Don’t wait until 540 days after the fraudulent transaction to file a claim. Get your money back by contacting our experts via online chat.