How to withdraw money from Moneta Markets

Reading time: 4 minutes

Being able to access your money is one of the top priorities when it comes to choosing a broker. Here, we will show you the withdrawal options, possible fees, how fast you can access your funds, and why Moneta Markets is a reliable broker, where you can withdraw your money without safety concerns.

Withdrawal at Moneta Markets is simple and straightforward, according to our analysis. However, there are some issues, such as currency and closing positions, you have to pay attention to.

To give you a brief summary: Moneta Markets is a global forex and CFD broker. Moneta Markets is a brand name of Vantage Group, which is regulated by several authorities, including the top-tier ASIC.

My key findings in a nutshell

My key findings in a nutshell

Krisztián Gátonyi

Method-man | Forex • Market Analysis • Algo Trading

I have more than 15 years of experience as a forex trader, actively trading on a daily basis with many currency pairs. I put great emphasis on risk management and self-discipline: I keep a trading journal to help me stick to my strategy, and I have sharpened my keen sense of broker safety by testing more than 50 forex brokers.

Learn about our methodology

Krisztián Gátonyi

Method-man | Forex • Market Analysis • Algo Trading

I've thoroughly tested Moneta Markets services with our analyst team by opening a real-money account and these are my most important findings:

• Moneta Markets charges $0 for withdrawal
• The withdrawal process is usually executed within 2 days
• Moneta Markets is a reliable broker, regulated by at least one top-tier regulator
• You can only withdraw funds to accounts in your name

First, let's see if Moneta Markets is available in your country?

Visit broker
74-89% of retail CFD accounts lose money

Disclaimer: 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you can afford to take the high risk of losing your money.

To trust your money with a broker, you need to be sure that the broker is considered trustworthy. We, at BrokerChooser, only recommend regulated brokers, meaning the broker's operations are overseen by a trusted body.

Moneta Markets can be considered a legit broker as it is overseen by at least one top-tier regulator, which is a great sign for reliability.

For you, this means that your money is in good hands and you will be able to withdraw your funds.

Visit broker
74-89% of retail CFD accounts lose money

At Moneta Markets, you have multiple options to choose from when you would like to withdraw money. These options are the following: Bank transfer, Credit/debit cards, Fasapay, JCB, SticPay.

Remember, you can only withdraw funds to accounts that are in your name.

Visit broker
74-89% of retail CFD accounts lose money

Withdrawing your funds from a brokerage account is a bit different than withdrawing money from, let's say, a bank account. Unlike some deposit options, withdrawal is rarely instant.

Keep in mind that if you have all your funds invested, you have to close some of your positions first to get access to cash, which you can withdraw later on. After closing some of your positions, the broker might need some time to make the funds available for you for withdrawal.

At Moneta Markets, the withdrawal process is usually executed within 2 days.

The good news is that Moneta Markets charges no fees for withdrawal.

Conversion fees

Pay attention that if your Moneta Markets account's base currency and bank account's currency differ, you might be charged a conversion fee depending on your personal bank.

At Moneta Markets, the following base currencies are available: USD, EUR, GBP, NZD, SGD, JPY, CAD, HKD, BRL.

To avoid high conversion fees, consider opening a multi-currency account at a digital bank.

Visit broker
74-89% of retail CFD accounts lose money

Withdrawing your funds from a brokerage account is a bit different than withdrawing money from, let's say, a bank account. Unlike some deposit options, withdrawal is rarely instant.

Keep in mind that if you have all your funds invested, you have to close some of your positions first to get access to cash, which you can withdraw later on. After closing some of your positions, the broker might need some time to make the funds available for you for withdrawal.

You are awesome for having read through this article! Making sure you can access your funds might seem overwhelming at first, but the best time to start dealing with your finances is always right now.

You're doing great! Navigating through the world of brokerages is hard, and we want to help you along the way. If you are stuck somewhere, have a question, or a suggestion, please drop us an email.