Moneta Markets Account Types

Moneta Markets offers a variety of account types tailored to meet the diverse needs of traders. The main account types include:

• Direct Account:
• Best for Beginners: Designed for retail traders in the forex and CFD markets.
• Minimum Deposit: $50
• Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA)
• Trading Fees: Only spread is charged (no commission), with variable spreads starting from 1.2 pips.
• Trading Platforms: MT4
• Negative Balance Protection: Yes
• Prime Account:
• Best for Experienced Traders: Offers lower spreads and enhanced trading conditions.
• Minimum Deposit: $50
• Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA)
• Trading Fees: Only spread is charged (no commission), with variable spreads starting from 0.0 pips.
• Trading Platforms: MT4
• Negative Balance Protection: Yes
• Ultra Account:
• Best for Professional Traders and Money Managers: Ideal for those requiring advanced trading features.
• Minimum Deposit: $50
• Maximum Leverage: Up to 30:1 (CySEC, ASIC), up to 1000:1 (FSA)
• Trading Fees: Only spread is charged (no commission), with variable spreads starting from 0.0 pips.
• Trading Platforms: MT4
• Negative Balance Protection: Yes

Additionally, Moneta Markets provides a demo account for practice, which is valid for 30 days.

Moneta Markets Broker Account Opening Process

Opening an account with Moneta Markets is straightforward and can be done online in a few simple steps:

• Visit the Moneta Markets Website: Navigate to the official site.
• Choose Account Type: Select the type of account you wish to open (Direct, Prime, or Ultra).
• Fill Out the Registration Form: Provide necessary personal information, including name, email, and phone number.
• Complete KYC Verification: Upload the required documents for identity and address verification (e.g., passport, utility bill).
• Deposit Funds: Make a minimum deposit to activate your trading account ($50 for Direct and Prime accounts, and $200 for Ultra accounts).
• Start Trading: Once your account is approved, you can access the trading platform and begin trading.

This process typically takes only 5 to 7 minutes for online registration.

For further details, please refer to the following sources:

• Brokersway
• Which Funded
• InvestinGoal