Moneta Markets

4.4/ 5

Moneta Markets is an ASIC and FSCA regulated multi-asset broker offering access to over 1,000 financial instruments including forex, indices, commodities, and shares. With ECN-style execution, raw spreads from 0.0 pips on its Pro account, and no minimum deposit requirements on standard accounts, Moneta Markets provides a solid environment for active traders.

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Min. Deposit

$50

Spread From

0.0 pips

Regulation

ASIC, FSCA

Full Review

Overview

Moneta Markets is an ASIC and FSCA regulated multi-asset broker offering access to over 1,000 financial instruments. The broker focuses on providing competitive ECN-style execution with raw spreads from 0.0 pips on its Pro ECN account and reliable platform access via MT4, MT5, and its own Moneta Markets app. It is particularly accessible with a low $50 minimum deposit and offers 24/7 customer support.

Pros

Competitive ECN pricing: Pro ECN account offers spreads from 0.0 pips with $3.00/side commission
ASIC + FSCA regulated: Dual regulation for strong client protection
Low minimum deposit: $50 makes it accessible for smaller traders
24/7 customer support: Round-the-clock support via chat and email
Multiple account types: Standard and Pro ECN catering to different trading needs

Cons

Limited instrument range: ~1,000 instruments is below average for mid-tier brokers
Limited platform options: Primarily MT4 and MT5; no cTrader or TradingView
Education sparse: Minimal educational resources for learning traders
Smaller broker profile: Lower brand recognition may concern some traders
No copy trading: No social or copy trading functionality

Spreads & Fees

Account Type	EUR/USD Spread	Commission	All-In Cost
Standard	Avg 1.20 pips	None	~1.20 pips
Pro ECN	From 0.0 pips	$3.00/side	~0.60 pips

Overnight (Swap) Fees: Standard market rates; Islamic accounts available. Withdrawal Fees: Free for most methods. Inactivity Fee: None.

User Reviews8

Nathan A.

4/5

Good ASIC broker with competitive ECN pricing. The Pro ECN account at $6 round-turn is excellent value. Customer support has been helpful and responsive.

Samantha T.

3/5

Decent broker but the instrument range is limited. I trade a variety of assets and find myself needing to use a second broker for instruments not available here.

Oliver M.

4/5

Moneta Markets has been reliable for my daily forex trading. The MT5 platform is smooth and the ECN execution is fast. Good regulatory standing with ASIC.

Grace W.

5/5

Excellent 24/7 customer support. Had an issue at midnight and the team resolved it quickly. The trading conditions on the Pro ECN account are very competitive.

James B.

3/5

No TradingView or cTrader is limiting. The MT platform is fine but I'd prefer more choice. Education section is very sparse for a broker with learning-focused aspirations.

Mei L.

4/5

Good value ECN broker. The Pro account pricing is competitive and ASIC regulation gives me confidence. Would improve with a wider instrument range.

Chris R.

5/5

Surprised by the quality of execution at Moneta Markets. The Pro ECN account fills are fast and consistent. Good choice for ASIC-regulated ECN trading at a competitive price.

Lisa F.

2/5

The education section is almost non-existent and there's no copy trading. For an active experienced trader the conditions are decent but the broker needs to invest more in features.

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