Vantage FX Launches Multi-Asset Brokerage Moneta Markets

Vantage FX operator has launched a new Trading Platform Trading Platform In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real In the FX space, a currency trading platform is a software provided by brokers to their respective client base, garnering access as traders in the broader market. Most commonly, this reflects an online interface or mobile app, complete with tools for order processing.Every broker needs one or more trading platforms to accommodate the needs of different clients. Being the backbone of the company’s offering, a trading platform provides clients with quotes, a selection of instruments to trade, real Read this Term called Moneta Markets, offering tradable instruments of multiple asset classes including Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term, crypto, CFDs for equities, and also commodities.

“A massive project I’ve been working tirelessly on for the past 12+ months has finally come to life!" David Bily, the founder of Moneta Markets and former head of marketing and partnerships, wrote on LinkedIn. "My new FX and CFD trading brand, Moneta Markets, is finally up and running.”

“After spending years listening to, and understanding what traders really look for, Moneta Markets has been tailor-made with both power and simplicity in mind when it comes to offering fast and easy access to global financial markets.”

Impressive offerings to traders

As seen on the website of the newly launched platform, Moneta Markets is offering over 300 CFDs with leverage of 500x. Though there are no deposit fees, traders need to make a minimum deposit of $200.

Moneta is supporting multiple deposit methods including card payment, SWIFT transfers, PayPal, Neteller, Skrill, FasaPay, and even Bitcoin. For fiat deposits, the platform is taking funds in 8 currencies - USD, AUD, EUR, GBP, NZD, SGD, JPY, and CAD.

The funds being stored at its custodian account at the National Australia Bank.

Being a subsidiary of the Vantage International Group Limited, which is operating under licenses of three jurisdictions - the Cayman Islands, Australia, and the United Kingdom - the new platform will be regulated by only the Cayman Islands Monetary Authority (CIMA), Bily told Finance Magnates.

“I believe our new brand is positioned to be a true market leader when it comes to the future of web-based FX and CFD trading, and I’m really looking forward to seeing it evolve and grow!” Bily added.