Moneta Broker Review and Market Research
Having been established in 2019, Moneta Markets now holds regulatory status with the Financial Services Conduct Authority (FSCA) in South Africa and the Australian Securities and Exchange Commission (ASIC) in Australia through its affiliated firms. Over 70,000 customers use the Moneta Markets brand, which manages more than $100 billion in monthly trading activity.
This Traders Union article will explore moneta broker’s market research.
Market Research
Despite having access to quality third-party information from Trading Central, Moneta Markets does not offer much in the way of in-house research and, as a result, lags behind industry leaders Saxo Bank and IG in this regard. It is also considered a broker with no deposit bonus.
Overview of Research
Moneta Markets hosts films from its Moneta TV series. Still, practically all of its research information is obtained from third-party sources, such as the suite of research tools from Trading Central and streaming headlines from FxWirePro, with very little to no in-house content.
Market Analysis
The Moneta TV series powered by Trading Central, which is available on the broker’s YouTube page, features daily market briefs. Both video series adhere to a daily structure that provides a high-level review of significant market developments. The movies are brief samples that, despite being a little plain, I found to be helpful and simple to understand. I want these movies to be incorporated into the platform so that traders may watch them more easily.
Trading Central
Moneta Markets gives users access to several third-party research products from Trading Central, including the Economic Calendar, Featured Ideas, and Market Buzz. However, customers must have account balances of at least $500 to use these capabilities. For instance, a few of the top forex brokers provide all live account holders with access to this information and premium features. Additionally, the trading platform does not directly involve trading.
Education
The videos included in Moneta Markets’ Master’s Course are the extent of its educational substance. The Master’s Course skillfully addresses a number of themes and categories using brief video clips for beginners and longer films for more advanced concepts. It covers several asset classes.
Learning Center
The Moneta Markets Masters Course consists of 114 videos, many of which I found to be helpful. The films range in length from a few minutes to roughly ten minutes.
Room for Development
There is room for development, and I would like to see Moneta Markets expand its YouTube channel’s library of videos to include webinars. It would also profit from increasing the written content it has already released because that would help it close the gap in its instructional program best mutual funds.
Characteristics of Money Markets
Transparent and Regulated Moneta Markets is one of the greatest forex brokers that provides clear and easy access to many favoured instruments. The financial instruments include shares, indices, commodities, CFDs, forex, and CFDs. This is proved with this moneta broker review.
Speedy and Simple Account Opening
Setting up an account on the Moneta Markets trading platform takes little time. The user interface is simple to use, with straightforward navigation. Opening an account at Moneta Markets simply takes a few minutes.
ECN Spreads starting at 0.0 Pip
On ECN accounts, brokers from Moneta Markets provide a reasonable cost structure with spreads starting at 0.0 pips and a commission of $3 per lot per side. The proprietary traders at Moneta Markets find these affordable charges to be rather alluring.