简体中文
繁體中文
English
Pусский
日本語
ภาษาไทย
Tiếng Việt
Bahasa Indonesia
Español
हिन्दी
Filippiiniläinen
Français
Deutsch
Português
Türkçe
한국어
العربية
Abstract:Moneta Markets announced its departure from Vantage on Tuesday (previously VantageFX). Moneta made the move after securing a group of investors to support its independent operations as a retail FX and contracts for differences (CFDs) broker.
In 2020, the broker was founded under the Vantage umbrella.
It is now legal in Australia, South Africa, St. Vincent and the Grenadines, and the United Kingdom.
Moneta Markets announced its departure from Vantage on Tuesday (previously VantageFX). Moneta made the move after securing a group of investors to support its independent operations as a retail FX and contracts for differences (CFDs) broker.
Furthermore, the broker has regulatory approval from the Australian Securities and Investments Commission (ASIC) to provide services to Australian customers. On August 3, the Australia Financial Services (AFS) license was awarded to the newly founded Moneta Markets Pty Ltd.
Moneta also has regulatory permission in South Africa and St. Vincent & the Grenadines, in addition to the Australian license.
Moneta, which was launched in mid-2020 under the aegis of Vantage Group, began as an offshore broker.
“Since its beginning, the objective has always been to create Moneta Markets into a brand that can run on its own,” said David Bily, the broker's founder and CEO.
“In the beginning, the Vantage Group's technical and infrastructural assistance was critical in assisting us in launching and becoming a significant market challenge, as well as obtaining our independence.” It also aided Moneta in attracting investors who want to be a part of our growth path.
A Developing Broker
According to the official press release shared with Finance Magnates, Moneta's development in the last few years has burst with increased customer acquisition, trading volume, and monthly deposits.
The brokerage's services include forex trading and contracts for differences (CFDs) on commodities, indices, equities, and ETFs. Furthermore, it is rapidly growing the variety of available instruments.
“We are on pace to put Moneta Markets into a position where it can become the preferred retail FX and CFD broker of choice throughout the globe with our ever-expanding selection of products, our continual effort to enhance our offering, and an enthusiastic group of investors backing us,” Bily said.
About Moneta Markets
Moneta Markets, a subsidiary of Vantage International Group Limited, is a forex broker formed in 2020. The VFSC regulates the broker under Section 4 of the FDLA (Regulation No. 700271), facilitating investments in over 300 financial products such as foreign currency, commodities, indices, shares, futures, CFDs, and cryptocurrencies.
Clients of Moneta Markets may access the platform through the web, MT4, and MT5, as well as a dedicated trading app. Investors may trade 24 hours a day, seven days a week, allowing them to profit on market momentum around the clock with leverage of up to 500:1, which is among the greatest available in the industry.
About WikiFX
WikiFX is a platform for searching worldwide corporate financial information. Its primary duty is to give the included foreign exchange trading organizations with basic information searching, regulatory license seeking, the credit assessment, platform identification, and other services.
Keep an eye out for more broker news.
WikiFX App may be downloaded through the App Store or the Google Play Store.
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
In the world of online trading, a common misconception persists: trading is often seen as no different from gambling. This belief is particularly prevalent among newcomers, who may view the financial markets as a fast-paced game where winning is just a matter of luck. But trading, when done correctly, is far from mere chance!
Saxo Singapore will discontinue SaxoWealthCare and SaxoSelect by December 2024, advising clients to withdraw funds and offering alternative investment options.
Spartan Capital Securities, LLC, a brokerage firm, has agreed to a settlement with the Financial Industry Regulatory Authority (FINRA), which includes a fine of $115,000, a censure, and the requirement to retain an independent consultant.
TradingView adds Irish stocks from Euronext Dublin, broadening access to 30 companies, including Ryanair and Kerry Group.