The LSE Directory / CFD and forex brokers
Moneta Markets is an online forex and CFD broker offering more than 1,000 instruments across currency pairs, share CFDs, commodities, indices, cryptocurrencies, ETFs and bond CFDs. Clients trade on MetaTrader 4, MetaTrader 5, the broker's own ProTrader web platform, the AppTrader mobile app and a CopyTrader social-trading tool. Account tiers are Direct STP, Prime ECN and Ultra ECN, with a $50 minimum deposit on the first two and $20,000 on Ultra ECN; ECN spreads start at 0.0 pips on EUR/USD, while the commission-free STP tier carries the cost in the spread instead. Within the CFD broker category, Moneta runs the two-speed model common to multi-entity brokers: leverage reaches 1:1000 on forex through the offshore arms, while clients onboarded to the UK and Australian entities are capped at the regulated 1:30 on forex and 1:5 on single stocks. The instrument split is weighted toward equities, 845 share CFDs and 50 ETFs against 56 forex and metals pairs, 43 cryptocurrencies, 15 commodities and 6 bond CFDs, which is a wider stock list than most retail forex brands carry. Client money is held in segregated trust accounts, with the Australian arm naming National Australia Bank as its trust bank. The company launched in mid-2020 as a brand of Vantage International Group, founded by David Bily, a former Vantage executive who remains CEO. It separated from Vantage in September 2022 with backing from a group of new investors, and ASIC granted Moneta Markets Pty Ltd an Australian financial services licence on 3 August 2022; the Australian arm is currently listed as a corporate authorised representative, CAR 1298177, of AGC Capital Securities Pty Ltd, AFSL 481024. The group is managed principally from Dubai and holds Moneta Markets South Africa (Pty) Ltd under FSCA licence 47490, Moneta Markets Ltd under Seychelles FSA licence SD144, Moneta Markets Trading Limited under Mauritius FSC licence GB24203391, and a Saint Lucia IBC registered as 2023-00068. Its UK presence was bought rather than built. In August 2025 the FCA approved Moneta Markets Excellence Holding Limited as controller of VIBHS Financial Ltd, an FCA-authorised firm since 2014 (FRN 613381) that had been largely dormant, turning over £358,425 in the year to March 2025. The entity was renamed Moneta Markets Capital Ltd on 1 October 2025 and reported turnover of £780,000 and a £77,386 profit for the year to 31 March 2026, against a £100,708 loss the year before. Bily has said the licence is intended to support B2B services to other financial institutions as well as UK retail clients. In January 2026 the group extended the brand into proprietary trading with Moneta Funded, an evaluation-challenge prop firm advertising funding up to $2,000,000 and profit shares up to 88%.