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Moneta Markets fees, after the safety questions

Cost is the last thing to weigh when the question is whether your money is safe, so this page comes after the regulation page and reads in that light.

Regulation: FCA UK (613381); FSCA South Africa (47490); FSC Mauritius (GB24203391); UAE CMA Category 5 (20200000459); Saint Lucia IBC registration (2023-00068). How Moneta Markets is regulated

Facts last checked . Read the full Moneta Markets review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 0.1 pips, Prime ECN
GBP/USD spread
Approx. 0.3 pips, Prime ECN
Commission
$3 per side / $6 round turn, Prime ECN
All-in cost, EUR/USD
Approx. 0.7 pips
Spread type
Variable
Overnight swap
Both: overnight swaps can be charged or credited; Islamic accounts available
Deposit fee
None internally
Withdrawal fee
Generally none; international bank wire attracts minimum 20 account-currency-unit fee
Currency conversion
Currency conversion at applicable exchange rate

What this means

Cost is the last thing to weigh here, and never the thing that should decide it.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

Moneta Markets lists a minimum deposit of $50. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about Moneta Markets fees

Does Moneta Markets charge to deposit or withdraw?

Deposit fees at Moneta Markets: None internally. Withdrawal fees: Generally none; international bank wire attracts minimum 20 account-currency-unit fee.

What does Moneta Markets charge to hold a position overnight?

Overnight financing at Moneta Markets is recorded as both: overnight swaps can be charged or credited; Islamic accounts available.

What is the EUR/USD spread at Moneta Markets?

Moneta Markets records an average EUR/USD spread of approx. 0.1 pips, Prime ECN on a variable pricing model.

Fees at brokers under the same regulator

More about Moneta Markets