Moneta Markets Review 20
This platform has seized my money. They then locked my account, making it impossible to contact support or withdraw funds. I still have 16000 USD I can't withdraw.
I registered account 3046678 with Moneta and deposited $18360. After one month of trading, Moneta suddenly charged me $4459.43 Adiminstration Fee.
After a year of selling an automated trading service, Moneta and Nexobot left several clients without their profitability and without their life savings invested in Moneta PAMM accounts!!! They started selling in April 2023 and in May of this year (2024) they sent a very strange email to all clients stating that they blocked all accounts to stop losses. The result: millions of dollars stolen from many clients. I had $3700 and they deducted $80 from my account. There are users who claim to have lost their life savings, over $100 or $200 thousand dollars!!! It seems that at the time I signed up, Moneta offered insurance coverage of up to $250,000 for Moneta accounts, but I haven't seen my stolen $3700 anymore! A MILLION DOLLAR ROBBERY IN BRAZIL - BEWARE!
If you lose your capital it's okay for that but if you make any high profit they will not let you withdraw. I lost 509 usd using my EA, no alert was issued by the broker, but when I adjusted my EA strategy and made profits, it quickly They rejected all my withdrawals. Stay away from this broker.
Moneta Markets International shines with its diverse market instruments and user-friendly trading platform, making it a top choice for traders seeking flexibility and efficiency.
Jumping into Moneta Markets was exciting with its low deposit requirement and high leverage. However, the lack of educational resources was a bit disappointing for a beginner like me.
Moneta Markets allowed the PAMM account manager (Capital Investing Strategies Ltd / NexoBot) to DISABLE the display of open trades (Floating Balance/Floating) on its interface, misleading everyone, as clients were unaware of these VERY negative open trades. Capital Investing Strategies Ltd (manager of the PAMM account) concealed this huge drawdown from the PAMM account's clients, so that they were unaware of the high financial commitment that existed and, since January 2024, had been making withdrawals difficult for clients, making them practically impossible. When we tried to make withdrawals from Moneta's PAMM account and the manager wouldn't authorize it, we asked them to intervene and take action on behalf of the clients, but they said they couldn't do anything. We believe that Moneta Markets is co-responsible for this disaster, as it allowed such relevant information to be hidden in its own system (PAMM account interface, with a virtual domain bearing its name). There was talk of a protection mechanism by NEXOBOT of up to $250,000.00 per account, this amount could be used by MONETA to compensate the clients who were harmed.
Moneta Markets allowed the PAMM account manager (NexoBot) to DISABLE the display of open trades (Floating Balance/Floating) on its interface, misleading everyone because clients were unaware of these VERY negative open trades. NexoBot (the manager of the PAMM account) hid this huge drawdown from the PAMM account's clients, so that they were unaware of the high financial commitment that existed and, since January 2024, had been making withdrawals difficult for clients, making them practically impossible. When we tried to make withdrawals from Moneta's PAMM account and the manager wouldn't authorize it, we asked them to intervene and take action on behalf of the clients, but they said they couldn't do anything. We believe that Moneta Markets is co-responsible for this disaster, as it allowed such relevant information to be hidden in its own system (PAMM account interface, with a virtual domain bearing its name).
