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.
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.
| Asset Class | Leverage |
|---|---|
| forex | 1:100 |
| indices | 1:30 |
| crypto | 1:5 |
| Asset Class | Commission |
|---|---|
| forex | $3/lot |
Risk Management
Trading Permissions
Standard · 2-Step
| Account Size | Steps | Profit Target | Daily Loss | Max Loss | Max Loss Type | Profit Split | Cost per 1K | Price | |
|---|---|---|---|---|---|---|---|---|---|
| $5,000 | 2 Steps | 5% / 10% | 4% | 10% | — | 88% | 9.80/K | $49.00 | Buy |
| $10,000 | 2 Steps | 5% / 10% | 4% | 10% | — | 88% | 8.50/K | $85.00 | Buy |
| $25,000 | 2 Steps | 5% / 10% | 4% | 10% | — | 88% | 7.60/K | $190.00 | Buy |
| $50,000 | 2 Steps | 5% / 10% | 4% | 10% | — | 88% | 7.30/K | $365.00 | Buy |
| $100,000 | 2 Steps | 5% / 10% | 4% | 10% | — | 88% | 6.50/K | $650.00 | Buy |
Standard · 1-Step
Standard · Instant
Withdrawal Methods
This list may not be exhaustive. Always verify on the firm's official website.
Moneta Funded FAQ
Find answers to the most common questions about Moneta Funded, including pricing, rules, payouts, and more.
Q1.Is Moneta Funded a legitimate prop firm?
Yes, Moneta Funded is a proprietary trading firm founded in 2023 and based in LC. It holds a 4.5/5 rating on Trustpilot based on 69 reviews. As with any prop firm, read the terms carefully before purchasing a challenge.
Q2.How much does a Moneta Funded challenge cost?
Moneta Funded offers 15 challenge options. Prices range from $49.00 for a $5,000 account to $735.00 for a $100,000 account.
Q3.What is the profit split at Moneta Funded?
Moneta Funded offers a profit split of 88%.
Q4.What trading platforms does Moneta Funded support?
Moneta Funded supports MT5, MatchTrader.
Q5.What instruments can I trade with Moneta Funded?
Tradable instruments include Forex, Crypto, Indices, Commodities.
Q6.How often can I withdraw profits from Moneta Funded?
Payouts are processed every 14 days. The minimum withdrawal is $$50. Withdrawal methods: Bank Transfer, Crypto.
Q7.Does Moneta Funded allow Expert Advisors (EAs) and bots?
EAs and bots: Restricted.
Q8.Does Moneta Funded have a consistency rule?
Instant Funding: 20% max per day
Q9.Which countries are restricted from using Moneta Funded?
Restricted countries include: Afghanistan, Thailand, Cuba, Myanmar, North Korea, UAE, Venezuela, Vietnam. This list may not be exhaustive — verify on the firm's official website.
Q10.What leverage does Moneta Funded offer?
Leverage by asset class: Forex 1:100, Índices 1:30, Cripto 1:5.
Q11.What is Moneta Funded's refund policy?
Refund within 14 days if no trades executed
