Recalculated 2026-11-02 · Established 2019 · Moneta Markets Ltd
Moneta Markets — South Africa
Moneta Markets is rated 3.36 out of 5 by our formula (Rank #26 of 70) for traders in South Africa: round turn 7 USD, residents accepted — Yes.
Suits you if it takes residents of South Africa · a swap-free account is available · it runs 4 trading platforms
Key facts (8)
- Who actually onboards you
- Moneta Markets Ltd
- Licence number
- 47490
- Established
- 2019group
- Min deposit, USD
- 50 USDgeo
- Platforms
- MT4 · MT5 · PRO Trader · AppTrader
- Local funding
- Bank/wire, Visa/Mastercard, FasaPay, SticPay and
- Max leverage
- 1000geo
- EURUSD
- 1.2 pipsgeo
Accounts (3)
3 of 3 accounts with a published cost per lot
3 of 3 shown
Click a column heading to sort. Figures are list terms, no promo codes.
| Broker · account | Min deposit, USD | Spread | Commission | Cost per lot | Swap-free |
|---|---|---|---|---|---|
| Moneta MarketsDirect STP | 50 | 1.2advertised | Anyper standard lot | 12round turn, USD | — |
| Moneta MarketsPrime ECN | 50 | 0advertised | 6per standard lot | 6round turn, USD | — |
| Moneta MarketsUltra ECN | 20000 | 0advertised | 2per standard lot | 2round turn, USD | — |
This broker against the South Africa middle (81 of 104)
| Moneta Markets | South Africa median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 7.0 USD |
| Min deposit, USD | 50 USDgeo | 50.0 USD |
| Max leverage | 1000geo | 500.0geo |
| Withdrawal, h | 24 hoursgroup | 24.0 h |
| EURUSD, standard | 1.2 pipsgeo | 1.0 pips |
| EURUSD, raw | 0.1 pipsgeo | 0.0 pips |
| Established | 2019group | 2009.0 |
| Platforms | 4 | 3.0 |
Licensed in South Africa
Locally regulated by the FSCA (FSP 47490) - conduct oversight applies, though FSCA authorisation is not a statutory investor-compensation scheme.
56 of 104 brokers in our base hold a licence issued in South Africa. That is a fact about the market, not about Moneta Markets.
- Who actually onboards you
- Moneta Markets Ltd
- Licence number
- 47490
- Local licence
- yes
- Checked
- 2026-07-09
Score (6/6 axes)
A weighted average of the axes below. Each axis is measured on the same scale as the score itself, and carries the weight shown beside it.
Check:25.0% × 1.75+ 20.0% × 4.50+ 20.0% × 5.00+ 15.0% × 4.00+ 10.0% × 1.75+ 10.0% × 2.50= 3.36
Ranked against brokers measured on every axis
Licence check
- Licence number
- 47490
- Checked
- 2026-07-09
Who actually onboards you
Moneta Markets Ltd
Locally licensed entity
South African clients can be onboarded by the local entity Moneta Markets (Pty) Ltd, an FSCA-authorised FSP; the offshore Moneta Markets Ltd (Seychelles FSA SD144) is the group's international arm.
What each account gives you
Direct STP (min USD 50, spread-only from ~1.2 pips), Prime ECN (min USD 50, from 0.0 pips + ~USD 3/side), Ultra ECN (min
Cost per round turn, and the South Africa middle (81 of 104)
raw+commission
Client-money protections
Min deposit USD 50 (Direct STP/Prime ECN); no broker-side deposit fee.
What the broker publishes about payouts
Trading software and asset classes (4)
MT4 · MT5 · PRO Trader · AppTrader
1,000+ instruments: forex, indices, commodities, share CFDs, crypto CFDs, ETFs and bonds.
Reviews
Trustpilot rating of 3.7/5 based on around 520 reviews
Where it wins, where it loses
Pros (3)
- Licensed locally: 47490
- Swap-free account available
- Withdrawal published at 24 hours; 1-7 business days depending on method
Cons (1)
- Round turn 7.0 USD against a South Africa median of 7.0
Where it does not serve
United States, Canada, Cyprus, France, Italy, Spain, Russia, Ukraine
Methodology
the weighted mean of six axes, each on the same 0–5 scale · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Sources (3)
3 sources, read on 2026-07-09. Ordered by weight of evidence: regulator registers first, then the broker's own documents, review platforms and aggregators.
- Regulator registers
- 1fsca.co.zafsca.co.za · domainRegister
- The broker's own documents
- 2monetamarkets.com/about-us/moneta-markets/regulationmonetamarkets.com · pageBroker
- Aggregators and directories
- 3daytrading.com/moneta-marketsdaytrading.com · pageAggregator
FAQ (5)
Does Moneta Markets accept residents of South Africa?
Yes.
Which entity onboards a South Africa client of Moneta Markets?
Moneta Markets Ltd
What licence does Moneta Markets hold for South Africa?
Licence 47490.
What does one EURUSD lot cost at Moneta Markets?
7.0 USD per round turn against a South Africa median of 7.0 USD, measured on 81 of 104 brokers.
How long does a withdrawal from Moneta Markets take?
Moneta Markets publishes 24 hours; 1-7 business days depending on method. Their own wording: “Withdrawals are generally processed within 24 hours... it can take between 1-7 business days”.