Moneta Markets provides a range of trading account types tailored to different trader profiles, including beginners, retail traders, high-volume professionals, and fund managers.
Available accounts include the ECN Account (optimized for scalping), the STP Account (ideal for casual traders), and the Islamic Account (swap-free for Muslim traders). Advanced traders and money managers can access the PAMM Account, for managed funds, and the Prime Account, which offers higher leverage, lower margin requirements and additional benefits.
Each Moneta Markets account type has distinct pricing models and offers platform compatibility across MT4, MT5 and ProTrader.
The availability of the Moneta Markets account types is subject to Regulatory compliance, trader expertise, and regional restrictions.
What types of trading accounts are available at Moneta Markets?
The Moneta Markets account types are listed below.
- Moneta Markets Demo Account
- Moneta Markets ECN Account
- Moneta Markets STP Account
- Moneta Markets Prime Account
- Moneta Markets PAMM Account
- Moneta Markets Islamic Account
Moneta Markets ECN Account: Best for scalpers
The Moneta Markets ECN Account is designed for scalpers and offers spreads from 0 pips with a $3 per lot commission. It requires a minimum deposit of $200 and provides leverage up to 1:500. This account supports trading on MetaTrader 4 and 5, as well as ProTrader platforms.
The features of the Moneta Markets ECN Account are listed below.
- Availability: Under VFSC.
- Markets: Forex, commodities, indices, shares, crypto (300+ CFD assets in total).
- Commissions: You will get charged spreads from 0 pips with a $3 per lot side commission; CFD assets are subject to rollover fees.
- Platforms: MetaTrader4 and 5, ProTrader.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500.
- Special features: From time to time, you may be eligible for bonuses, like a deposit bonus or rescue bonus. Availability may depend on your location.
- Account opening: A demo account is available to test the broker; then a $200 minimum deposit is requested.
Moneta Markets STP Account: Best for casual traders
The Moneta Markets STP Account is suitable for casual traders and features spreads from 1.3 pips without additional commissions. It has a low minimum deposit requirement of $50 and offers leverage up to 1:500. This account is accessible via MetaTrader 4 and 5, along with ProTrader platforms.
The features of the Moneta Markets STP Account are listed below.
- Availability: Under VFSC.
- Markets: Forex, commodities, indices, shares, crypto (300+ CFD assets in total).
- Commissions: Spreads are available from 1.3 pips; rollover fee if you hold your position overnight.
- Platforms: MetaTrader4 and 5, ProTrader.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500.
- Special features: You may be eligible for bonuses, like a deposit bonus or rescue bonus. Availability may depend on your location and periods of time.
- Account opening: An STP demo account can be tested for free before opening a live account, which can be opened with just $50.
Moneta Markets Prime Account: Best for experienced traders
The Moneta Markets Prime Account is tailored for experienced traders by providing spreads from 0.4 pips. It necessitates a substantial minimum deposit of $10,000 and offers leverage up to 1:500. This account is available upon request and supports trading on MetaTrader 4 and 5, as well as ProTrader platforms.
The features of the Moneta Markets Prime Account are listed below.
- Availability: Under VFSC.
- Markets: Forex, commodities, indices, shares, crypto (300+ CFD assets in total).
- Commissions: This account has spreads from 0.4 pips; also rollover fees can be charged on CFD assets.
- Platforms: MetaTrader 4 and 5, ProTrader.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500.
- Special features: Bonuses, like a deposit bonus or rescue bonus. Availability may depend on your location and time.
- Account opening: This account is available on request. Contact the broker if you want more info. Also, note that the minimum deposit is $10,000 and the availability may depend on your location.
Moneta Markets Islamic Account: Best for Muslim traders
The Moneta Markets Islamic Account is designed for Muslim traders, adhering to Shariah law by not charging rollover fees. Depending on the chosen account type, spreads start from 0 or 1.3 pips, with a $3 per lot commission applicable in some cases. This account offers leverage up to 1:500 and is available on MetaTrader 4 and 5, as well as ProTrader platforms.
The features of the Moneta Markets Islamic Account are listed below.
- Availability: Under VFSC.
- Markets: Forex, commodities, indices, shares, crypto (300+ CFD assets in total).
- Commissions: Spreads from 0 or 1.3 pips depending on the account type plus a commission of $3 per lot depending on the account type; a daily administration fee.
- Platforms: MetaTrader 4 and 5, ProTrader.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500.
- Special features: No rollover fees. From time to time, you may be eligible for bonuses, like a deposit bonus or rescue bonus. Availability may depend on your location.
- Account opening: To open this account, contact the support team. $50 or $200 is the minimum deposit depending on which account type you choose.
Moneta Markets PAMM Account: Best for money managers
The Moneta Markets PAMM Account is ideal for money managers to enable them to manage multiple client accounts efficiently. This account type offers tools for instant client onboarding and supports an unlimited number of clients. Trades can be allocated by equity, facilitating streamlined management.
The features of the Moneta Markets PAMM Account are listed below.
- Availability: Under VFSC.
- Markets: Forex, commodities, indices, shares, crypto (300+ CFD assets in total).
- Commissions: You will find spreads from pips with a $3 per lot side commission; CFD assets are subject to rollover fees.
- Platforms: MetaTrader4 and 5, ProTrader.
- Trade size: From 1 micro lot.
- Leverage: Up to 1:500.
- Special features: Allocation by equity; unlimited number of investors and accounts to manage; instant fee calculation; deposit bonus or rescue bonus. Availability may depend on your location and the time.
- Account opening: Contact the support team to find out how to open this account type.
How to compare the Moneta Markets trading accounts?
The table to compare the Moneta Markets trading accounts is shown below.
| Moneta Markets Account Types | Minimum Deposit ($) | Minimum Spread (pips) | Volume-based Commissions | Overnight Fees | Minimum Trade Size (lots) |
|---|---|---|---|---|---|
| Moneta Markets ECN Account | $200 | 0 pips | $3 per lot side | Yes | 0.01 (1 micro lot) |
| Moneta Markets STP Account | $50 | 1.3 pips | None | Yes | 0.01 (1 micro lot) |
| Moneta Markets Prime Account | $10,000 | 0.4 pips | None | Yes | 0.01 (1 micro lot) |
| Moneta Markets Islamic Account | $50 or $200 | 0 or 1.3 pips | $3 per lot (varies by type) | No | 0.01 (1 micro lot) |
| Moneta Markets PAMM Account | Contact support | Variable | $3 per lot side | Yes | 0.01 (1 micro lot) |
| Moneta Markets Demo Account | Not applicable | Not applicable | None | No | Not applicable |
What are the requirements to open a Moneta Markets account type?
The requirements to open a Moneta Markets account are listed below.
- Contact requirements: The contact requirements of Moneta Markets include a valid email address and a valid phone number
- Age requirements: The age requirement at Moneta Markets is that you must be over 18 years old to open an account
- Legal requirements: The legal requirements at Moneta Markets include complying with KYC laws by verifying your identity with documents such as a passport or utility bill.
- Minimum deposit requirements: Moneta Markets minimum deposit to activate a live trading account is $50
- Regulatory requirements: The regulatory requirements at Moneta Markets stipulate that you must be a resident in a country where the broker operates
- Knowledge requirements: The knowledge requirements at Moneta Markets include answering questions about your trading experience and financial knowledge before accessing complex financial products.
Do Moneta Markets account types charge inactivity fees?
No, Moneta Markets account types do not charge inactivity fees. Traders can keep their accounts open without worrying about penalties for inactivity, regardless of how long they remain unused. This applies to all Moneta Markets account tiers, ensuring that clients are not pressured to trade solely to avoid extra costs.
Moneta Markets does not impose inactivity fees on any of its accounts, allowing traders to step away from the platform without financial consequences. An inactivity fee is a charge some brokers impose if a client does not make any buy or sell orders in their accounts for a given period.
Demo accounts are trial accounts funded with virtual money, and traders using them owe nothing to the broker. Even if a demo account is abandoned, no Moneta Markets fees apply. These accounts serve only for practice and testing, and their inactivity has no financial impact on the user.