Moneta Markets Separates from Vantage and Secures ASIC License

Moneta Markets separates from Vantage three years after having operated under the Vantage Group of brands.

The broker is licensed in Australia, South Africa, and St. Vincent and the Grenadines.

Global FX and CFD broker Moneta has recently announced its separation from Vantage (previously Vantage FX) after three years of operation under the brand. The broker has secured a team of investors to bolster its independent operation as a retail forex and contracts for differences (CFD) broker.

In addition to the existing regulatory authorisation in South Africa and St. Vincent and the Grenadines, the broker has obtained a new license from the Australian Securities & Investments Commission (ASIC) to expand its global reach. The Aussie entity now operates under the name Moneta Markets Pty Ltd, but is not authorised to issue financial products and can only give general advice to wholesale and retail traders.

The Australian Financial Services license was granted to Moneta Markets on August 3. Check out Moneta Markets’ AFS license on the regulator’s official website.

Launched in 2020 under Vantage FX, Moneta initially operated as an offshore broker. Despite the fact that the broker was at its early stage, it succeeded to expand its popularity due to the “client-focussed” approach.

“Since its inception, the intention has always been to build Moneta Markets into a brand that can operate on its own. The technological and infrastructural support of the Vantage Group, in the beginning, was vital in helping us launch and become a serious market contender, as well as in achieving our independence.”, commented David Bily, the founder and the CEO of Moneta Markets.

About Moneta Markets

Moneta is a global multi-asset FX and CFD broker offering access to 1000+ tradable instruments including forex pares, indices, commodities, stock CFDs, Cryptos, and ETFs to traders with zero commission fees.

The broker offers an outstanding range of educational materials suitable for both beginner and advanced traders, backed up with industry-standard MT4/MT5 platforms, as well as PRO Trader and their proprietary platforms.

Also, the broker recently introduced zero swap trading on their gold and crypto trading.

For more information visit the broker’s official website: monetamarkets.com