This broker offers over 1,000 CFD instruments via MT4, MT5 and ProTrader with leverage up to 1:1000. International clients contract under offshore entities without statutory compensation funds.
Spreads from
1.2 pips
Commission
$6 per lot round-turn
Min deposit
$50
Established
2018
Regulated by
FSA Seychelles
Written byLaverlane Team·Updated21 Oct 2026
Researched with AI assistance and verified by our editors
Regulation
The broker operates through offshore entities for international clients, without Tier-1 regulatory cover.
Moneta Markets Ltd is registered in Saint Lucia (2023-00068), while the Seychelles-based entity of the same name holds an FSA Seychelles licence (SD144). The wider group holds other licences through separate entities: FSCA (South Africa), FSC Mauritius and CMA (UAE, promotion only). A separate UK entity, Moneta Markets Capital Ltd, is FCA-authorised under Firm Reference Number (FRN) 613381 and serves UK clients only. None of these other licences cover international clients, and your Client Agreement shows which entity you contract with. If the offshore entity you'd contract with isn't licensed in your country, you'd be sending money abroad to a provider your local regulator doesn't supervise. Check your local rules and the entity you'd contract with before you deposit.
Public warning lists published by the Bank of Russia, Ukraine's securities regulator (via IOSCO I-SCAN) and Quebec's AMF name the broker or a similarly named entity.
Key facts
The broker pairs accessible account conditions with broad multi-asset CFD coverage.
Client-facing entity
Moneta Markets Ltd
Regulators
FSA Seychelles
Restricted countries
US, GB, CA, CY, FR, ES, RU, UA, IT, SG
Negative-balance protection
jurisdiction-only
Minimum deposit
$50
Max leverage (offshore entity)
1:1000
Max leverage (professional)
1:500
Typical EUR/USD spread
1.36 pips
Platforms
MT4, MT5, Proprietary
Account currencies
USD, EUR, GBP, AUD, CAD
The broker says it was founded in 2018, although its English About page also cites more than 10 years' experience in the industry. A $50 minimum deposit threshold makes the platform accessible to entry-level traders testing live market execution. It also runs deposit bonus and cashback promotions, where bonus credits are deducted pro rata when funds are withdrawn and may offset a negative balance.
Best for
Pros & cons
Fund safety
Client balances are held in segregated accounts, with optional private insurance but no statutory scheme.
Retail funds under Moneta Markets Ltd are held in segregated client trust accounts, but they lack statutory investor protection schemes such as the UK's Financial Services Compensation Scheme (FSCS). The broker says eligible clients may benefit from a Lloyd’s Client Fund Insurance policy of up to US$1,000,000 per client, subject to the policy terms, and that the policy does not cover trading losses. The insurer, policy terms and eligibility are not set out on the pages reviewed, so international clients still carry the credit risk of the offshore entity.
This score reflects segregation of client money and the optional Lloyd's insurance policy. It doesn't reflect statutory protection, which international clients don't have.
Account terms
Client agreements include a conditional negative balance protection facility with stated exclusions.
The broker says certain accounts may be eligible for negative balance protection, under which negative balances can be reset to zero after an internal review and subject to its terms. The Client Agreement says the protection does not apply to force majeure or abnormal market conditions, or where the client has breached the agreement. Margin calls start at 50% and stop out at 20%, and the company states it does not compensate losses from a stop-out.
Costs
Direct STP pricing relies on spread markups while ECN accounts charge per-lot commissions.
The broker publishes an average EUR/USD spread of 1.36 pips on the Direct STP account, which sits at the wider end of commission-free market averages. That pricing model could add noticeably to costs for high-frequency scalpers, though it may be tolerable for position traders.
| Instrument | Asset class | Typical spread | Unit |
|---|---|---|---|
| EUR/USD | Forex CFD | 1.36 | pips |
| GBP/USD | Forex CFD | 1.76 | pips |
| USD/JPY | Forex CFD | 1.5 | pips |
| US 100 (Nasdaq) | Index CFD | 8.65 | points |
| US 500 (S&P 500) | Index CFD | 2.99 | points |
| XAU/USD (Gold) | Commodity CFD | 0.265 | $ / oz |
| US Crude Oil | Commodity CFD | 0.029 | $ / bbl |
Spreads shown are typical, not guaranteed, and widen during volatile sessions or outside main market hours. Figures reflect the broker's standard retail account.
Markets
Traders access over 1,000 instruments spanning forex, indices, commodities, and share CFDs.
Forex CFD
44 pairs
Index CFD
16 indices
Commodity CFD
Metals, energies, softs
Single-Stock CFD
700 shares
Crypto CFD
Available ✓
Real ownership: Stocks / ETFs
N/A for this broker, CFDs only
It lists more than 1,000 instruments, including 44 forex pairs, 16 indices, 19 commodities, 700+ share CFDs, 50+ ETFs and 7 bonds on its account comparison page, plus crypto CFDs. The counts differ between pages on its website. This asset range suits multi-asset portfolio builders but offers fewer options than larger global institutional brokers.
Platforms
MetaTrader 4, MetaTrader 5, and web-based ProTrader cater to diverse trading strategies.
Offering MT4, MT5, and ProTrader covers both traditional trading setups and modern browser-based workflows. Having choices between MetaTrader and WebTrader ensures algorithmic traders can deploy EAs without platform friction.
Execution
The broker describes its model as ECN/STP, with orders routed through liquidity providers.
Operating an ECN/STP execution model allows raw spreads from 0.0 pips on commission-based accounts. The lack of published order execution statistics prevents independent verification of fill speeds and slippage rates.
Leverage
High maximum leverage up to 1:1000 is available under offshore contracting entities.
A maximum leverage of 1:1000 lets you open much bigger positions from a small balance than the standard 1:30 retail cap allows. The catch is that a trade moving against you can wipe out that balance quickly.
Account types
Accounts range from commission-free Direct STP to raw Prime ECN and VIP Ultra ECN tiers.
| Account | Min deposit | Commission | Swap | Spread | Demo | Islamic |
|---|---|---|---|---|---|---|
| Direct STP | $50 | Spread-only | Standard overnight swap fees apply | From 1.2 pips · Variable | Yes | Yes |
| Prime ECN | $50 | $6 per lot round-turn | Standard overnight swap fees apply | From 0 pips · Variable | Yes | Yes |
| Ultra ECN | $20000 | $2 per lot round-turn | Standard overnight swap fees apply | From 0 pips · Variable | Yes | Yes |
The Prime ECN account charges a $6 per lot round-turn commission ($3 per side) alongside raw spreads from 0.0 pips, and Ultra ECN charges $2 round-turn with a $20,000 minimum deposit. The 1.2 pip starting spread in the page header belongs to the commission-free Direct STP account, while the $6 round-turn commission applies to Prime ECN.
Lower trading costs on ECN accounts tend to suit active, high-volume traders more than casual traders on standard STP accounts.
Funding
Deposits carry no internal fees, and the broker doesn't charge withdrawal fees itself, though banks may.
The broker doesn't charge internal deposit fees, and card deposits are instant while international bank transfers take several business days. It says withdrawals are generally processed within 24 hours, then take between 1 and 7 business days to arrive depending on the method. Bank wires take 3 to 5 business days, and intermediary banks may charge their own fees. Available methods vary by country and include bank transfers, cards, e-wallets and crypto.
Support
Customer support runs 24 hours a day during weekdays via live chat, email and phone.
The broker lists 24/5 customer support via live chat, email and phone on its contact page. Check the support schedule before relying on weekend assistance.
Availability
International registration covers global regions while excluding heavily regulated jurisdictions.
The broker says its international site is not intended for residents of Canada, Cyprus, France, Spain, Russia, Ukraine, Italy, the United Kingdom, Singapore and the United States. UK clients are served only by Moneta Markets Capital Ltd, a separate FCA-authorised entity. Traders residing in accepted regions can register, while restricted residents cannot open live trading accounts.
Verdict
The broker delivers a flexible CFD trading setup featuring competitive ECN commissions, multiple trading platforms, and broad instrument access. However, you'd be contracting with an offshore entity that has no compensation fund behind it, so weigh the safety risk carefully before you deposit.
Whether it's right for you comes down to one trade-off: do high leverage and a low minimum deposit outweigh having no Tier-1 regulator overseeing the entity you'd contract with?
Algorithmic traders using MetaTrader EAs and high-leverage scalpers may find the raw ECN account structure suits them, whereas risk-averse investors may prefer brokers operating under strict European or British regulatory frameworks.
FAQ
The broker operates globally through offshore entities, including Moneta Markets Ltd (registered in Saint Lucia, 2023-00068). International retail clients contract with these offshore entities, which lack statutory compensation fund protections such as the FSCS or ICF. A separate UK entity, Moneta Markets Capital Ltd, is FCA-authorised under Firm Reference Number (FRN) 613381.
It's an international CFD broker providing access to over 1,000 instruments including forex, indices, commodities, and share CFDs through MT4, MT5, and ProTrader platforms. It offers Direct STP, Prime ECN, and Ultra ECN account types with variable spreads starting from 0.0 pips on ECN accounts.
It says withdrawals are generally processed within 24 hours and then take 1 to 7 business days to arrive, depending on the method. Bank wires take 3 to 5 business days, and intermediary banks may charge their own fees.
The entry threshold for both Direct STP and Prime ECN accounts is $50 or equivalent currency. High-tier Ultra ECN accounts require a much higher minimum deposit of $20,000 for reduced commission rates.
It offers international clients trading under offshore entities maximum leverage up to 1:1000 on major forex pairs, or 1:500 on Ultra ECN accounts. Specific asset classes operate under reduced leverage caps, such as 1:33 for share CFDs.
Alternatives
Eightcap offers CFDs on 850+ markets through TradingView, MetaTrader 4, MetaTrader 5 and TradeLocker, with a Raw account that starts from 0.0 pips. Clients outside the regulated regions contract with Eightcap Global Limited in The Bahamas, which carries no statutory compensation scheme.
Octa offers swap-free forex and CFD trading on OctaTrader, MetaTrader 4 and MetaTrader 5, with no trading commission and a $25 minimum deposit. Accounts on octabroker.com are with Versustrategy Inc, registered in Saint Lucia, and the legal documents page lists no financial regulator.
JustMarkets offers leverage of up to 1:3000, swap-free trading and MT4, MT5 and its own app, but international clients contract with an offshore Seychelles entity without a statutory compensation scheme.
FXCM offers forex and CFD trading on Trading Station, MetaTrader 4 (MT4) and TradingView. Accounts on the international website are with Stratos Global LLC, an offshore entity in St Vincent and the Grenadines that sits outside the group’s regulated companies.
ThinkMarkets offers ThinkTrader, TradingView, MT4 and MT5 with 4,000+ instruments and leverage of up to 1:500 on Standard and ThinkZero accounts. International clients contract with a Seychelles-licensed entity.
IronFX operates as a retail CFD broker providing high leverage up to 1:1000 on MetaTrader 4, but international clients contract through an offshore entity without statutory compensation protection.
CFI Financial offers MT5, TradingView and its own app with no minimum deposit and leverage of up to 1:500. International clients trade with CFI International Ltd, licensed in Mauritius.
EC Markets offers MT4, MT5 and its own app with a $10 minimum deposit on STD and ECN accounts and leverage of up to 1:1000. International clients trade with the Mauritius-licensed entity.
General CFD risk warning
CFDs are complex leveraged products and carry a high risk of rapid losses. They do not give you ownership of the underlying asset. Depending on your jurisdiction, broker entity and client classification, protections such as leverage limits and negative-balance protection may differ or may not apply. Where negative-balance protection is not provided, losses may exceed the funds you deposit. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
Disclaimer
This page is provided for general information only. Nothing on this page constitutes investment, tax or trading advice, or a recommendation to open an account or trade with a particular broker. Laverlane does not provide personalised investment advice. We are not a broker or financial institution, we do not arrange or execute trades, and we do not hold client funds.
Broker availability, spreads, fees, leverage, products and legal protections, including compensation schemes and negative-balance protection, vary by the broker’s legal entity, your country of residence and your client classification, and may change over time. Where a broker is required to publish its retail CFD loss rate, that figure is shown on its review page. Spreads shown are typical figures as at our verification date; they are not guaranteed and may widen, particularly during volatile market conditions.
Laverlane Scores reflect the information available at our most recent review. They are editorial assessments, not guarantees of a broker’s financial strength, reliability or future performance. Where we report a regulator warning or enforcement notice, it reflects the official public information available at the time of our review.
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