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).
Moneta Markets is regulated by several authoritative bodies such as FSCA, FSA-S. However, Moneta Markets is not regulated by the MAS ( Monetary Authority of Singapore). In this article, we will explore Moneta Markets’ regulations, and its features, and provide a list of alternative brokers that are regulated by MAS.
Does Moneta Markets Operate Under MAS?
No, Moneta Markets does not operate under MAS (Monetary Authority of Singapore) 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 MAS in Singapore.
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 MAS Regulated Forex Brokers: Alternatives to Moneta Markets
Moneta Markets is one of the leading forex and CFD brokers. The broker is not regulated by MAS. It is regulated by other top-tier regulators including FSCA, FSA-S. There are several MAS regulated brokers that can serve as alternatives to Moneta Markets. These brokers include:
- Founded In: 2001
- Minimum Deposit: $100
- Maximum Leverage: 50:1
- Regulations: CySEC, CFTC, NFA, CIMA, FCA, FSA, MAS, ASIC, CIRO
- Trading Platforms : Mobile App, Web Trader, Meta Trader 5
- Trading Instruments: Forex, Indices, Stocks , Cryptocurrency, Commodities , Gold and Silver.
- 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
- 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: 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: 1978
- Minimum Deposit: $0
- Maximum Leverage: 1:500
- Regulations: SEC, CFTC, FCA, FSCS, FINRA, FCM, IIROC, MAS, FSA
- Trading Platforms : WebTrader, FIX API, MobileTrader
- Trading Instruments: Stocks, options, futures, currencies, bonds, and funds
These brokers operate under MAS regulation. According to MAS rules, they offer leverage up to 30:1 and provide negative balance protection for retail traders. To learn more about MAS-regulated forex brokers, you can read our content on the best MAS-regulated forex brokers.
How Can I Verify If My Broker is regulated by MAS or Not?
To verify if your broker, such as Moneta Markets, is regulated by the MAS, follow these steps:
Step 1: Obtain the Broker’s License Number or Name
The first step in verifying whether a broker is MAS-regulated is to gather the necessary details from the broker’s official website. Look for the broker’s licensed or reference number, which is typically listed in the footer, legal section, or “About Us” page. If the license number is not available, the broker’s name can also be used for verification. Having the correct license number or name ensures a more accurate search when checking the broker’s regulatory status.
Step 2: Search the MAS Financial Institutions Directory
Once you have the broker’s license number or name, visit the official MAS Financial Institutions Directory at https://eservices.mas.gov.sg/fid. Enter the license number or the broker’s name into the search bar and hit enter. This directory contains all MAS-regulated entities, and your search results should show the broker’s profile if they are indeed regulated. This step is critical for confirming that the broker you are considering operates legally under MAS oversight.
Step 3: Check License Type and Status
After locating the broker in the MAS directory, carefully review their profile. Look specifically for the license type and status to ensure that the broker is authorized to offer the services you need. If you are trading forex, verify that the broker is licensed to provide “Spot Foreign Exchange Contracts for Leveraged Forex Trading” under “Dealing in Capital Markets Products.” This step confirms that the broker has the necessary permissions to legally offer forex trading and other related financial products.
Step 4: Verify Broker Contact Details
Another essential step is to ensure that the contact details listed on the MAS website match those provided by the broker on their own site. Pay close attention to details such as the broker’s website URL, email address, and phone number. If the contact details differ, it could indicate that you are dealing with an unauthorized broker or a clone firm that is pretending to be MAS-regulated. Verifying these details helps protect you from potential scams or unauthorized firms.
Step 5: Stay Away from Unlisted Brokers
If you cannot find the broker in the MAS directory, this is a red flag. Brokers that are not listed are likely unauthorized, and trading with them can put your funds at serious risk. Unauthorized brokers often operate without regulatory oversight, meaning they may not adhere to client fund protection rules, leaving your investments exposed. Always stay away from brokers that are not listed in the MAS directory to ensure your money remains safe.
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. Though Moneta Markets is not regulated by MAS, it is regulated by other reputed regulatory authorities including FSCA, FSA-S. These regulations ensure strict compliance with industry standards and provide protection for client funds.