TheMoneta Markets broker verification process consists of 6 steps. Sign in to your account dashboard, fill in your personal details, and upload a valid ID to verify your identity.
Once you've completed the KYC process in the Moneta Markets Broker, you can select from different account types including STP (with spreads starting around 1.2 pips and no commission) or ECN (spreads from 0.0 pips plus approximately $3 commission per trade).
Overview of Moneta Markets Broker Authentication Steps
Once you complete the Moneta Markets registration procedure, you'll need to provide personal identification to gain full access to all trading tools and financial services offered by the platform. Moneta Markets Broker verification:
- Log in to the trading dashboard;
- Enter your personal information accurately;
- Select your preferred trading account type;
- Choose between Deposit KYC or ID authentication;
- Upload high-quality, color copies of your POI documents;
- Check the status of your.
Before starting, review the required documents and eligibility criteria to ensure a smooth and hassle-free KYC process.
Verification Requirement | Yes/No |
Full Name | Yes |
Country of Residence | Yes |
Date of Birth Entry | Yes |
Phone Number Entry | Yes |
Residential Address Details | No |
Phone Number Verification | No |
Document Issuing Country | Yes |
ID Card (for POI) | Yes |
Driver’s License (for POI) | Yes |
Passport (for POI) | Yes |
Residence Permit (for POI or POA) | No |
Utility Bill (for POA) | No |
Bank Statement (for POA) | No |
2-Factor Authentication | No |
Biometric Face Scan | No |
Financial Status Questionnaire | No |
Trading Knowledge Questionnaire | No |
Restricted Countries | Yes |
#1 Enter the Trading Cabin and Access KYC
To begin the KYC process, follow these simple steps:
- Sign in to your Moneta Markets Broker account dashboard;
- After logging in, access the KYC form to begin your Proof of Identity (POI) document submission.
#2 Complete Your Personal Details
Enter your first name, last name, gender, date of birth, mobile number, country of primary residency, and your nationality in the KYC form.
#3 Select Your Account Type and Currency
Choose a trading platform and the account type that best fits your strategy (Direct STP or Prime ECN). Then, select your preferred account currency, tick the box to confirm your agreement to all broker terms and conditions, and click "Next" to proceed.
#4 Choose Between Deposit or ID Authentication
A new box will appear with two options. Select "Deposit" or "ID Verification". In this Moneta Markets Broker tutorial, we selected "ID Verification" to upload your identification documents and confirm your account ownership.
#5 Upload the Front Side of Your Identification Document
Click "Upload Front Side" and choose a clear color photo of your ID card, passport, or driver's license. Ensure all four corners are visible and that no details are cropped. Avoid black-and-white images as they may delay the process.
Then, click "Upload Back Side" to add the reverse image of your identification document. Like before, it should be in color, sharp, and free from glare. Ensure the text on the papers is readable before submission.
#6 Wait for KYC Completion
The broker will review your uploaded documents within 3 to 10 minutes, but sometimes it can take up to 24 working hours. Once approved, your POI status will display as "Completed" within the Profile section of your trading cabin.
Comparison of KYC Procedures Between Moneta Markets Broker and Other Leading Brokers
The table below outlines the key documents and primary steps required to complete the authentication process on Moneta Markets Broker.
It also provides a comparative overview of how other top forex brokers conduct their user KYC and identity authentication procedures.
Verification Requirement | Moneta Markets Broker | |||
Full Name | Yes | Yes | No | No |
Country of Residence | Yes | No | No | Yes |
Date of Birth Entry | Yes | Yes | No | No |
Phone Number Entry | Yes | No | No | No |
Residential Address Details | No | Yes | No | Yes |
Phone Number Verification | No | Yes | No | No |
Document Issuing Country | Yes | Yes | No | No |
ID Card (for POI) | Yes | Yes | Yes | Yes |
Driver’s License (for POI) | Yes | Yes | Yes | Yes |
Passport (for POI) | Yes | Yes | Yes | Yes |
Residence Permit (for POI or POA) | No | Yes | No | No |
Utility Bill (for POA) | No | No | Yes | Yes |
Bank Statement (for POA) | No | No | Yes | Yes |
2-Factor Authentication | No | No | No | No |
Biometric Face Scan | No | No | Yes | No |
Financial Status Questionnaire | No | Yes | No | Yes |
Trading Knowledge Questionnaire | No | Yes | No | No |
Restricted Countries | Yes | Yes | Yes | Yes |
TF Expert Suggestion
TheMoneta Markets Broker verification usually takes about 4 minutes to complete when your identification documents are prepared. Once submitted, your account is typically approved within 3–10 minutes, though it may take up to 24 hours in some cases.
After completing the authentication process, you can fund and withdraw from your account using various Moneta Markets deposit and withdrawal methods. The minimum deposit is approximately US$50, and promotional offers include 50% cashback.
