David Bily, the founder of Vantage International Group Limited, which operates Vantage FX, has announced the launch of a new trading platform known as Moneta Markets, which is essentially a multi-asset trading platform.
The recently unveiled platform will allow users to access a variety of trading assets, including forex, commodities, equities CFDs, and even cryptocurrencies. The platform is designed to create an avenue through which traders can easily access the different assets to maximize their profit-making potential.
“A massive project I’ve been working tirelessly on for the past 12+ months has finally come to life! My new FX and CFD trading brand, Moneta Markets, is finally up and running,” Bily wrote on his LinkedIn profile.
The Vantage FX founder also pointed out that he and his team have been listening to traders for the past few years to understand what traders want. They used their understanding of customer feedback and preferences for the underpinnings of the newly launched trading platform. Bily also noted that Moneta Markets prioritizes power and simplicity as its formula for delivering easy and rapid access to the global financial markets with the utmost level of efficiency.
What is Moneta markets offering to customers?
The recently launched Moneta Markets will allow customers to access more than 300 leveraged CFDs. The CFDs assets will have 500x leverage. The minimum deposit for the platform will be $200, and customers will not be charged any deposit fees.
Customers will also have a variety of deposit options, including PayPal, Skrill, Neteller, SWIFT transfers, and even deposits through Bitcoin. The platform will also ensure that funds are protected since Moneta Markets will use a custodian account held by the National Australia Bank.
As far as the licensing is concerned, Vantage International Group Limited has a license to conduct business under three jurisdictions. It operates in the United Kingdom, Australia, and the Cayman Islands. However, Moneta Markets will only be regulated by the Cayman Islands Monetary Authority (CIMA). Bily stated that he hopes the new platform will become a global leader in the future of online trading.