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 such as FSCA, FSA-S, it is not regulated by CySEC (Australian Securities and Investments Commission). In this article, we will explore Moneta Markets’ regulations, and its features, and provide a list of alternative brokers that are regulated by CySEC.
Does Moneta Markets Operate Under CySEC?
No, Moneta Markets does not operate under CySEC (Cyprus Securities and Exchange Commission) regulation. However, the broker is regulated by several other reputable financial authorities including 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 CySEC in the EU.
What Other Regulations Does Moneta Markets Have?
FSB:
Moneta Markets is regulated by the Financial Services Board (FSB) of South Africa under license number 45052. 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 under license number SD039. 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 CySEC Regulated Forex Brokers: Alternatives to Moneta Markets
Moneta Markets is one of the leading forex and CFD brokers. The broker is not regulated by CySEC. It is regulated by other top-tier regulators including FSCA, FSA-S. There are several CySEC 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: 2007
- Minimum Deposit: $200
- Maximum Leverage: 1:1000
- Regulations: ASIC, CySEC, and FSA
- Trading Platforms: MT4, MT5, Ctrader and TradinView
- Trading Instruments: Forex, commodities, indices, cryptocurrencies, shares, ETFs, and CFD forwards
- Founded In: 2007
- Minimum Deposit: $50
- Maximum Leverage: 30:1 EU, 50:1 USA
- Regulations: SEC, FINRA, FCA, CySEC, FSA-S, SIPC,
- Trading Platforms: eToro Trading Platforms
- Trading Instruments: Cryptocurrencies, Stocks, Commodities, Currencies
- Founded In: 2009
- Minimum Deposit: $100
- Maximum Leverage: 1:500
- Regulations : ASIC,FCA, CySEC, SCB
- Trading Platforms : MT4, MT5, TradingView, Webtrader
- Trading Instruments: Forex,Commodities,Indices,Shares,Crypto
- Founded In: 2014
- Minimum Deposit: $100
- Maximum Leverage: 1:1000
- Regulations: FCA, DFSA, FSCA, CySEC, FSA- Labuan, FSA-S
- Trading Platforms : MT4, MT5, WebTrader Platform, MetaTrader for Mac , Tickmill Mobile App
- Trading Instruments: Forex, stock, indices, commodities, bonds, cryptocurrencies, Futures & options
These brokers operate under CySEC regulation. According to CySEC rules, they offer leverage up to 30:1 and provide negative balance protection for retail traders. To learn more about CySEC-regulated forex brokers, you can read our content on the best CySEC-regulated forex brokers.
How Can I Verify If My Broker is CySEC-regulated or not?
You can find a CySEC-regulated broker’s profile on the CIF Regulated Entities List on the CySEC website. To verify if your broker, such as Moneta Markets, is regulated by the CySEC follow these steps:
1. Get Broker Details
Start by finding the broker’s license number or name. This info is usually on the broker’s website. Having the right details is key for the next steps.
2. Visit the CySEC Website
Go to the CySEC Regulated Entities List. This is where you can verify if your broker is regulated.
3. Conduct the Search
Enter the license number or broker name into the search bar. This will bring up the broker’s profile on the CySEC website, showing important details about their regulatory status.
4. Check Authorization
Make sure the broker is authorized to offer specific services:
- Look for “9 – Financial contracts for differences” under Investment Services.
- Check for “Foreign exchange services connected to investment services” under Ancillary Services. This confirms they can legally offer forex and CFD trading.
5. Match Firm Details
Finally, ensure that the information on the CySEC website matches what you see on the broker’s site. Check the website, email, and other contact info. If anything doesn’t match, it could mean the broker isn’t authorized, and you should stay away to protect your money
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 CySEC-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 Cyprus?
No, Moneta Markets is not regulated in Australia. The broker is not regulated by CySEC, the Australian regulator. However, it accepts Australian clients under its global entity. Moneta Markets is regulated by several other authorities, including FSCA, FSA-S.
