Exclusive: VantageFX spins off new Retail FX brand Moneta Markets
FNG Exclusive… FNG has learned that Sydney, Australia based retail FX brokerage group VantageFX has established a new offshore retail FX brand called Moneta Markets.
Moneta Markets (at monetamarkets.com) is a trademark of Vantage International Group Limited, the group’s licensed Cayman Islands subsidiary. The brand will be aimed at a separate demographic of trader than parent VantageFX, namely more beginner / novice traders, and of course those outside the company’s licensed jurisdiction in Australia.
Moneta Markets is launching with Trading Central’s new AI-based TC Market Buzz. The company’s offshore status allows it to offer clients conditions such as leverage up to 500x, and a $200 minimum deposit.
Other than Grand Cayman the Vantage group has licensed subsidiaries in Australia where it operates one of the country’s leading Retail FX brands, and the UK, where the group established FCA-licensed Vantage Global Prime LLP.
VantageFX CEO David Bily posted the following note about the Moneta Markets launch today on social media:
I have a great news to share!
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.
After spending years listening to, and understanding what traders really look for, Moneta Markets has been tailor-made with both power and simplicity in mind when it comes to offering fast and easy access to global financial markets.
I believe our new brand is positioned to be a true market leader when it comes to the future of web-based FX and CFD trading, and I’m really looking forward to seeing it evolve and grow!
I encourage you all to head over to www.monetamarkets.com and take a look at what’s been a tonne of time and effort to get up and running! And of course, I welcome all feedback! #markets #financialmarkets #fx #trading #brand #cfdtrading #traders #startups
More about Moneta Markets can also be seen in the following video: