Moneta Markets Logo

Is Moneta Markets regulated by the FCA?

Your expert
Hikmatjon T.
Fact checked by
Updated
Jun 2024
Personally tested
Data-driven
Independent

Does Moneta Markets operate under FCA regulation as of June 2024?

Are you planning to open a trading account with Moneta Markets but you are uncertain if the firm is overseen by the Financial Conduct Authority (FCA)?

Moneta Markets is not regulated by the FCA and doesn’t accept clients from the United Kingdom. Check out the best alternatives to Moneta Markets that are available to UK residents further down.

Our team at BrokerChooser has extensively tested the services of over 100 brokers worldwide by opening real-money accounts and executing live trades on their platforms. We have compiled the top alternatives to Moneta Markets that provide exceptional trading experiences for investors in the UK.

You can also leverage our broker finder tool which helps you narrow down your choices, showing only those brokers that are available in your country and are suitable for your investment goals and habits:

Get a personalized broker recommendation

125,500 people have already found a broker using this tool!
Each answer refines your broker toplist.

Where do you live?

Why it matters
country flag us
United States
Start matching me with the best brokers
Overall score
4.3/5
Minimum deposit
$50
FX fee
Low
Index CFD fee
Average
Withdrawal fee
$0
Account opening
1 day
Visit Moneta Markets

74-89% of retail CFD accounts lose money

FAQ

Is Moneta Markets legit?

Moneta Markets is considered reliable as it is regulated by the top-tier ASIC in Australia.

Why is FCA regulation important?

The FCA is widely considered as one of the top-tier regulators in the brokerage world. To obtain FCA authorization, each firm must demonstrate that they meet a range of stringent requirements. Failure to meet these requirements usually triggers timely and strict enforcement procedures and may result in the entity losing its license.

How can I verify if my broker is FCA regulated?

You should cross-check your broker's regulatory status on the FCA's official website. If your broker is regulated by several regulators, check which entity is authorized by the FCA and sign up with that entity. If you are not a UK citizen, this may not always be possible due to legal restrictions. Check out our comprehensive guide on how to verify FCA regulation.

Check out this short video for a behind-the-scenes peek into how our experts personally test and evaluate brokers.

Got questions?
Engage with our growing community of traders and investors like you to find your answers.
Join now

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.

author
Hikmatjon Tolibjonov
Author of this article
As an Investment Analyst at BrokerChooser, I find great joy in utilizing my analytical talents to offer data-driven insights that demystify the world of investments. My studies as a master's student in International Relations at Eötvös Loránd University have deepened my grasp of the global forces shaping financial markets. I am excited about the opportunity to employ my skills and expertise in empowering investors, providing them with the clarity and the assurance they deserve.
Visit Moneta Markets 74-89% of retail CFD accounts lose money
×
I'd like to trade with...