Moneta Markets is a forex and CFD broker offering online trading services to traders and investors worldwide. The broker provides a diverse range of trading instruments, including Forex, indices, Commodities, Share, ETFs, Bonds. It also supports multiple trading platforms and tools such as MT5, AppTrader, ProTrader (by TradingView).
Although Moneta Markets is regulated by several authoritative bodies, including FSCA, FSA-S, it is not regulated by BaFin. In this article, we will explore Moneta Markets’ regulations, and its features, and provide a list of alternative brokers that are regulated by BaFin.
Does Moneta Markets Operate Under BaFin?
No, Moneta Markets does not operate under BaFin regulations. The broker is regulated by several other reputable financial authorities, including the FSCA, FSA-S. These regulatory bodies ensure compliance with various standards for financial stability, transparency, and investor protection, though they do not provide the specific protections offered by the BaFin in the UK.
What Other Regulations Does Moneta Markets Have?
FSB:
Moneta Markets is regulated by the Financial Services Board (FSB) of South Africa . The FSB, established in 1990, was the financial regulatory authority in South Africa responsible for overseeing non-banking financial institutions before being replaced by the Financial Sector Conduct Authority (FSCA) in 2018.
Under FSB regulations, Moneta Markets was required to maintain strict standards, including holding adequate capital, protecting client funds by segregating them from company assets, and ensuring transparency through regular financial reporting. This regulation helped ensure that Moneta Markets operated securely and reliably, offering a safe trading environment for clients in South Africa.
FSA -S : / FSA in Seychelles
Moneta Markets is regulated by the Financial Services Authority (FSA) of Seychelles . The FSA, established in 2013, oversees the financial services sector in Seychelles to ensure compliance with regulatory standards and to protect investors.
The FSA requires Moneta Markets to adhere to guidelines for managing client funds, which include keeping client money separate from company funds and providing regular financial reports. This regulation helps ensure that Moneta Markets operates securely and transparently, particularly for clients in Seychelles, and maintains a trustworthy trading environment.
Best Bafin Regulated Forex Brokers: Alternatives to Moneta Markets
Moneta Markets is one of the leading forex and CFD brokers. The broker is not regulated by BaFin. It is regulated by other top-tier regulators including FSCA, FSA-S. There are several BaFin regulated brokers that can serve as alternatives to Moneta Markets. These brokers include:
- Founded In: 2010
- Minimum Deposit: $0, Recommended: $200
- Maximum Leverage: 500:1
- Regulations: FCA, ASIC, CySEC, BaFIN, DFSA, CMA, and SCB
- Trading Platforms : MT4, MT5, cTrader, TradingView and Own Trading Platforms
- Trading Instruments: Forex, Commodities, Indices, Currency Indices, Cryptocurrencies, Shares, ETFs, and CFD Forwards.
- Founded In: 1989
- Minimum Deposit: $0
- Maximum Leverage: 1:500
- Regulations : FCA, ASIC, BaFin, IIROC, FMA, MAS
- Trading Platforms : MT4 , Share trading platforms
- Trading Instruments: Forex Major, Forex Crosses, Forex Minor, Metals, Oil , CFD, Stock indices
- Founded In: 1974
- Minimum Deposit: $0
- Maximum Leverage: 1:200
- Regulations: ASIC, FCA, JFSA, SFC (Hongkong), FSCA, MAS, FMA, GmbH, FINMA
- Trading Platforms: MT4, WebTrader, MobileTrader (MobileApp), ProRealTime
- Trading Instruments: Forex, indices, Cryptocurrencies, Shares, Commodities
- Founded In: 2005
- Minimum Deposit: $50
- Maximum Leverage: 1:500
- Regulations: ASIC, Austrac, Bafin, CIMA, ESCA, CySEC, FSC, FMA, MAS, TFG, VFSC, FSCM, FSAS
- Trading Platforms: MT4, MT5, Multibank-Plus
- Trading Instruments: Forex, Metals, Shares, indices, Commodities, Cryptocurrencies
These brokers operate under BaFin regulation. According to BaFin rules, they offer leverage up to 30:1 and provide negative balance protection for retail traders. To learn more about BaFin-regulated forex brokers, you can read our content on the best BaFin-regulated forex brokers.
How Can I Verify If My Broker is Bafin Regulated?
To verify if your broker, such as Moneta Markets, is regulated by the BaFin, follow these steps:
- Find the Broker’s Reference Number or Name: Obtain this information from the broker’s website.
- Search the BaFin Register: Visit the Bafin Financial Services Register and enter the broker’s reference number or name.
- Check the Broker’s Authorization: Ensure that the broker is authorized to provide “Rolling spot forex contract” services to retail customers in the UK.
- Match Firm Details: Verify that the details on the BaFin website, such as the broker’s website and email, match those provided by the broker. Any discrepancies might indicate an unauthorized broker, and you should avoid trading with them.
Frequently Asked Questions ( FAQs)
What is Moneta Markets?
Founded in 2019. Moneta Markets is a regulated forex broker. It allows restriction-free trading facilities to traders worldwide. Moneta Markets offers FOREX ,COMMODITIES,INDICES ,SHARE CFDs,ETFs,BONDS,TRADING HOURS,SPREADS AND COMMISSIONS trading with up to 1:1000 leverage. It claims itself as a true ECN forex broker.
Is Moneta Markets Considered Safe?
Yes, Moneta Markets is considered safe. The broker is regulated by multiple top-tier regulatory authorities, including FSCA, FSA-S. It offers negative balance protection and holds client funds in segregated bank accounts.
Does Moneta Markets Offer Negative Balance Protection?
Yes, Moneta Markets offers negative balance protection. All BaFin-regulated brokers must offer negative balance protection. Negative balance protection means that traders are protected from losing more money than they have in their trading accounts. If a trade results in losses that exceed the amount of funds in the account, negative balance protection ensures that the trader’s balance cannot go below zero. This prevents the trader from owing the broker any additional money.
Is Moneta Markets regulated in Australia?
No, Moneta Markets is not regulated in Australia. The broker is not regulated by ASIC, the Australian regulator. However, it accepts Australian clients under its global entity. Moneta Markets is regulated by several other authorities, including FSCA, FSA-S.
