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.
| Asset Class | Leverage |
|---|---|
| forex | 1:100 |
| indices | 1:30 |
| crypto | 1:5 |
| Asset Class | Commission |
|---|---|
| forex | $3/lot |
Instant Funding: 20% max per day
Restricted
Restricted
Refund within 14 days if no trades executed
No scaling plan information available.
This list may not be exhaustive. Always verify on the firm's official website.
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