Vantage FX operator has launched a new trading platform called Moneta Markets, offering tradable instruments of multiple asset classes including forex, 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.
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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.