Moneta Markets Introduces Next-Generation Praxis Cashier Module

The broker highlighted a surge in demand for regional deposit methods.

Moneta Markets, a multi-asset brokerage, has announced the launch of its next generation of Praxis Cashier module. The broker mentioned that it has been able to improve its deposit and withdrawal process since the launch of the next generation of Praxis Cashier.

According to an official announcement shared with Finance Magnates, Moneta Markets saw a surge in demand for regional deposit methods along with deposits through cryptocurrencies. The updated version of Praxis Cashier has allowed Moneta Markets to include country-specific payment gateways.

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The broker has integrated more than 20 of the most popular digital currencies. Based on the feedback of clients, Moneta Markets will add new PSPs and features.

Commenting on the latest announcement, David Bily, Founder of Moneta Markets, said: “Praxis Cashier has long been integrated with the Moneta Markets WebTrader platform and CRM, and is indispensable to the day-to-day operations of our business. Since launching the next generation of Praxis Cashier, we have been able to vastly expand on the range of payment service providers we offer and improve the deposit and withdrawal process for clients of all regions.”

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Finance Magnates earlier reported about the launch of the ECN accounts by Moneta Markets for MetaTrader4 and MetaTrader5 platforms.

Moneta and Praxis Partnership

Moneta Markets is a subsidiary of Vantage Global Limited. The company is currently offering trading in different financial assets including FX pairs, commodities and share CFDs.

“In addition to the additional PSPs and backend functionality, Moneta Markers and Praxis have also overhauled the UX and design of the cashier module to deliver seamless integration with the Moneta Markets WebTrader platform,” the company mentioned in the official announcement.

“Now clients can easily deposit using bank wire, credit cards, 20+ cryptos and tonnes of regional banks from all around the world, safely and securely. A big thanks to Praxis, Panda and the team here at Moneta Markets for getting this project over the line,” Bily mentioned in a post on LinkedIn.

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