- Regulator
- Capital Markets Authority (CMA)
- Local company
- Not yet verified
- Licence number
- —
- M-Pesa
- Not confirmed
Broker review · Checked
Moneta Markets review 2026: is Moneta Markets legit in Kenya and South Africa?
Moneta Markets says its South African company is FSCA-authorised, but no FSP number is published in the reviews we checked. Accounts start at $50 and there is no inactivity fee. It has an FCA licence since 2025.
- 🇰🇪 CMANot licensed
- 🇿🇦 FSCAChecking
- Minimum deposit$50
- M-PesaNot confirmed
Is Moneta Markets regulated? Licence by country
- Regulator
- Financial Sector Conduct Authority (FSCA)
- Local company
- Not yet verified
- Licence number
- —
Moneta Markets South Africa (Pty) Ltd is listed as FSCA-authorised by a broker review site, without an FSP number. We are checking it on the register.
A licence means someone supervises the broker. It does not make trading safe: most retail CFD accounts lose money.
About Moneta Markets
Moneta Markets holds FCA registration 613381 (2025) and serves international clients through a Seychelles/St Lucia company. Moneta Markets South Africa (Pty) Ltd is listed as FSCA-authorised by DayTrading.com without an FSP number.
Who Moneta Markets suits, and who should look elsewhere
Good fit if you
- want $50 accounts with MT4/MT5 and copy trading
Look elsewhere if you
- need a confirmed FSCA number
- are in Kenya
Moneta Markets account types and minimum deposit
| Account | Minimum deposit | Pricing |
|---|---|---|
| STP Direct | $50 | From 1.2 pips, no commission |
| ECN Prime | $50 | From 0.0 pips plus $3 per side |
| ECN Ultra | $20,000 | Tighter, $1 commission |
Leverage: Up to 1:1000 offshore.
Moneta Markets fees: spreads, commission and other charges
| Inactivity fee | None |
| International wire withdrawals | Minimum $20 fee |
Work out the cost of a trade before you place it with our pip value and profit and loss calculators.
Moneta Markets deposits and withdrawals in Kenya and South Africa
🇰🇪 Kenya
- Moneta Markets is not on the CMA register. If it accepts you, your account sits with an offshore company and you have no CMA complaints route.
- No Kenyan payment method confirmed. Expect cards, bank wire or e-wallets such as Skrill and Neteller.
🇿🇦 South Africa
- Moneta Markets South Africa (Pty) Ltd listed as FSCA-authorised; FSP not confirmed.
M-Pesa limits, rand EFT, cards, e-wallets and the payment scams to avoid: read our deposits and withdrawals guide.
Moneta Markets trading platforms
- MetaTrader 4
- MetaTrader 5
- Moneta AppTrader
Is your money safe with Moneta Markets?
- FCA registration for the UK company; offshore company for most others.
Moneta Markets pros and cons
Pros
- $50 minimum
- No inactivity fee
Cons
- FSCA number unconfirmed
- Education requires a $500 balance
Our real-money test of Moneta Markets
Coming
We will open a Moneta Markets account, deposit, place a trade and withdraw, then publish the screenshots, the time each step took and every fee we paid.
Moneta Markets withdrawal time: reports from traders
How long do Moneta Markets withdrawals really take?
Loading reports…
Median of reports from traders. Not checked by us; our own tests are marked separately.
Withdrawal stuck or refused at Moneta Markets? Get a ready complaint letter and the right regulator contact with our complaint desk →
Moneta Markets: questions people ask
Is Moneta Markets regulated in Kenya?
No. Moneta Markets is not licensed by the CMA. It may still accept clients from Kenya through an offshore company, but you would have no CMA protection or local complaints route.
Is Moneta Markets regulated by the FSCA in South Africa?
Not confirmed. We have not yet matched Moneta Markets to an FSCA licence number, so it gets no “Visit” button for South Africa until we do. Moneta Markets South Africa (Pty) Ltd is listed as FSCA-authorised by a broker review site, without an FSP number. We are checking it on the register.
Is Moneta Markets regulated in South Africa?
It lists a South African company as FSCA-authorised, but we have not confirmed the FSP number.
Sources for this review (checked 25 Oct 2026)
Fees, minimums and payment methods change and can differ by the company you sign with. Confirm them on the broker's site before you deposit. Spotted something out of date? Tell us.