Exclusive: Moneta Markets adds copy trading with DupliTrade
FNG Exclusive… FNG has learned that Retail FX and CFDs broker Moneta Markets has added copy trading platform DupliTrade for its clients.
Israel-based DupliTrade, established in 2017 by former Signal Trader COO Jonathan Hirshberg, provides automated trading solution across a wide range of financial instruments, enabling users to automatically duplicate the trades of strategy providers in their own brokerage accounts.
DupliTrade has become very popular as a social trading platform among the Australia based Retail FX brokerage crowd, and is offered by leading Australia based brokers AxiTrader, Pepperstone and VantageFX (Moneta Markets’ parent company, more on that below). Other DupliTrade clients included Ireland based AvaTrade, Malta-based FXDD, Cyprus based FxPro, and UAE based broker Equiti.com.
As was also exclusively reported by FNG earlier this year, Moneta Markets (at monetamarkets.com) was established as a separate brand by Australia based Retail FX group VantageFX. The Moneta Markets brand is a trademark of Vantage International Group Limited, the group’s licensed Cayman Islands subsidiary. The brand is aimed at a separate demographic of trader than parent VantageFX, namely more beginner / novice traders, and of course those outside the company’s licensed jurisdictions in Australia and the UK, where Vantage Global Prime LLP holds an FCA license.
In addition to social / copy / auto trading with the DupliTrade platform, Moneta Markets also launched with Trading Central’s new AI-based TC Market Buzz.
FNG spoke with Moneta Markets founder and CEO David Bily, who shared the following:
In addition to our range of educational and trading tools, we see the social trading platform DupliTrade as another valuable offering that caters to a range of clients’ needs, whether they’re wanting an automated trading solution, or simply looking to diversify or compliment their existing strategies.