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Moneta Funded

Moneta Funded

4.5(69)

Moneta Funded

4.5(69)
🇱🇨LC Gros-Islet Founded 2023CFD
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Profit Split
88%
Max Alloc.
$2,000,000
Payout Frequency
Every 14 days
Challenge Types
5 types
Trustpilot
4.5/5
Overview
Firm Overview

Moneta Funded is a proprietary trading firm backed by the global broker Moneta Markets. It offers multiple challenge formats including 1-Step, 2-Step, Instant Funding, Phoenix, and Sprint Challenge programs, with accounts ranging from $5,000 to $2,000,000.

Headquarters
Gros-Islet
Broker
Moneta Markets
Contact
support@monetafunded.com
Payment Methods
Credit Card, Crypto
AI-Powered Review SummaryAI

Moneta Funded, established in 2023 and headquartered in Gros-Islet, LC, operates as a prop trading firm offering funded accounts for trading Forex, Crypto, Indices, and Commodities. Traders can access these assets on MT5 and MatchTrader platforms. The firm provides a variety of challenge types, including a 1-Step Challenge, 2-Step Challenge, Instant Funding, Phoenix, and Sprint Challenge. Key trading parameters include a maximum allocation of $2,000,000 and an 88% profit split, with payouts occurring every 14 days. Risk management is defined by a 4% maximum daily drawdown and a 10% maximum total drawdown. Profit targets vary by challenge: 10% for the 1-Step Challenge, 5% for Phase 1 and 10% for Phase 2 of the 2-Step Challenge, and 10% for the Phoenix Challenge. A minimum of 3 trading days is required. Specific trading rules include a prohibition on news trading, while weekend holding is allowed. Leverage is set at 1:100 for Forex, 1:30 for Indices, and 1:5 for Crypto. Commissions are $3/lot for Forex, and raw spreads from 0.0 pips are offered. The Instant Funding challenge includes a consistency rule limiting daily profits to 20% of the account balance. Both EA/bots and copy trading are restricted. Moneta Funded utilizes Moneta Markets as its broker. While no CEO/Founder information is provided, the firm holds a Trustpilot rating of 4.5 based on 69 reviews. A refund policy allows for refunds within 14 days if no trades have been executed. Payment methods include Credit Card and Crypto. Restricted countries for participation are Afghanistan, Thailand, Cuba, Myanmar, North Korea, UAE, Venezuela, and Vietnam.

Pros

  • High 88% profit split is very attractive for traders.
  • Multiple challenge types offer flexibility for different trading styles.
  • Access to diverse assets including Forex, Crypto, Indices, and Commodities.
  • Offers both MT5 and MatchTrader platforms for convenience.

Cons

  • News trading is not allowed, limiting certain strategies.
  • Restricted EA usage might hinder automated trading.
  • Max daily drawdown of 4% can be quite restrictive.
Instruments & Assets
Instrument Type
CFD
Assets Available
ForexCryptoIndicesCommodities
Platforms Supported
MT5 MatchTrader
Leverage
Asset ClassLeverage
forex1:100
indices1:30
crypto1:5
Commissions & Spreads
Spread Type
Raw spreads from 0.0 pips
Asset ClassCommission
forex$3/lot
Consistency Rules

Instant Funding: 20% max per day

Trading Conditions

Risk Management

Max Daily Drawdown4%
Max Total Drawdown10%
Profit Target1-Step: 10%, 2-Step Phase 1: 5%, Phase 2: 10%, Phoenix: 10%
Min Trading Days3 days

Trading Permissions

News Trading
Not Allowed
Weekend Holding
Allowed
EA/Bots Allowed
Restricted

Restricted

Copy Trading
Restricted

Restricted

Max Accounts
$2,000,000 max allocation
Challenges0
No challenge pricing data available for this firm.
Payouts
Profit Split88%
Payout FrequencyEvery 14 days
Minimum Payout$50

Withdrawal Methods

Bank TransferCrypto
Refund Policy

Refund within 14 days if no trades executed

Scaling Plan

No scaling plan information available.

Restricted Countries
Afghanistan Thailand Cuba Myanmar North Korea UAE Venezuela Vietnam

This list may not be exhaustive. Always verify on the firm's official website.

Frequently Asked Questions

Moneta Funded FAQ

Find answers to the most common questions about Moneta Funded, including pricing, rules, payouts, and more.