fund a live
account with
$500 or more
FX, Gold, or
Oil to convert
your bonus
to cash
cashback at
the start of
every new
month
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Allow allNow, whenever you fund your live account with $500 or more, we’ll give you a 50% bonus. Then, when you start trading FX, Gold, or Oil, your bonus will convert to real cash!
Best of all, the more you trade, the more Cashback you can earn! To get started, simply open a live account, make a deposit and ensure you apply for your cashback bonus in the client portal.
What is the Moneta Markets Cashback Program, and how does it work?
● The Moneta Markets Cashback Program is a loyalty program, whereby clients deposit a minimum of $500 to receive a 50% bonus credit amount. These Bonus Credits are then converted into withdrawable/tradable cash based on trading activity on FX, Gold, and Oil products.
How can I sign up for the Cashback Promotion?
● Moneta Markets’ clients with an eligible trading account will have to “apply” for their first Bonus Credit amount from within the Moneta Markets Client Portal. Simply click “Apply For Bonus” in the Bonus Wallet on the homepage of the Client Portal, click the “Apply” button in the table titled “Your Current & Historical Earnings”, then agree to the terms and conditions. Subsequent Bonus Credits earned on eligible deposits will automatically be applied.
What are Bonus Credits?
● Bonus Credits are earned on eligible deposits of $500 or more, at a rate of 50% per eligible deposit. Bonus Credits are held in your Bonus Wallet, and are converted to real Cashback based on your trading activity on all FX, Gold, and Oil products.
What is the Cashback?
● Your Cashback is the cash amount earned based on the conversion of Bonus Credits as a result of your trading activity. Your Cashback amount is able to be transferred to your trading account and used as real cash.
How do I check my Bonus and Cashback balances?
● You can view your balances from the home screen of your Client Portal, where your Bonus Wallet and Cashback Wallet are shown. For a breakdown of your Cashback Wallet, simply click “Promotions” - “Cashback”, or “Redeem Cashback” from the “Cashback Wallet” in your Client Portal home page, where you can view your total Cashback, Cashback redeemable, and current month’s Cashback amounts.
Can my Bonus Credits expire?
● No, bonus credits do not expire. When you opt-in to the Cashback Bonus, all deposits & withdrawals will be calculated from the previous 30 days to calculate your available bonus.
● Any subsequent Bonus Credits earned on future deposits are applied automatically and do not expire. You are able to view the status of your Current and Historical Bonus Earnings in the table titled “Your Current & Historical Earnings”, which will display either “Apply”, “Credited”, “Ineligible”, or “Deducted”.
Can my Cashback Balance expire?
● Cashback Bonus amounts earned will not expire and are yours to transfer to your trading account for live trading, or to withdraw at the beginning of every month.
What are the benefits?
● We value having you as a client and want to thank you for trading with Moneta Markets. As such, you will receive a reward by way of Bonus Credits on all eligible deposits. Then, as you continue to trade with us, your Credits are converted to real Cash, as a way of saying thank you for your continued loyalty.
How many Bonus Credits can I earn?
● When you deposit $500 or more, you will receive 50% of that amount in Bonus Credits. Then, for every subsequent eligible deposit you will continue to accrue Bonus Credits.
How much Cashback can I earn?
● The amount of Cashback you can earn is dependent on your account type, and the products you like to trade. You can maximize your earnings by trading FX, Oil, and Gold on a Moneta Markets Direct STP Account.
● Your Bonus Credits are converted to Cash at the below rate:
Direct STP | Prime ECN |
$2 per FX, Oil, Gold lot traded | $.50 per FX, Oil, Gold lot traded |
When can I withdraw my Cashback Bonus?
● You are able to transfer the balance shown as your “Available Cashback” to your trading account at any time. While the Cashback earned in the current month is available for transfer to your trading account at the beginning of the next month.
How do I transfer my available Cashback to my trading account?
● All you need to do is click “Redeem Cashback” in your Cashback Wallet, select the trading account and Cashback amount that you would like to transfer and click “Redeem Cashback” again.
How often is my Cashback calculated?
● The Cashback earned by your trading activity on all FX, Gold, and Oil products is calculated at GMT+2 daily, and will appear in your Cashback Wallet.
Can I earn Cashback on all products?
● The Cashback Bonus can be earned on all FX, Gold, and Oil products on both Direct STP and Prime ECN accounts as per the table below.
Direct STP | Prime ECN |
$2 per FX, Oil, Gold lot traded | $.50 per FX, Oil, Gold lot traded |
How can I withdraw my Cashback Bonus?
● Withdrawing your available Cashback Bonus is simple. All you need to do is click “Redeem Cashback” in your Cashback Wallet, select the trading account and Cashback amount that you would like to transfer and click “Redeem Cashback” again. Once the funds are transferred to your trading account you can then either use it to trade or submit a withdrawal request for processing.
Will withdrawals affect my Bonus Credits?
● Credits held in your Bonus Wallet will be deducted pro-rata if you withdraw funds. For example, if your Bonus Wallet holds 500 credits, and you choose to withdraw $250 from your trading account, then 250 Bonus Credits will also be deducted. Note, that your Bonus Credits will never fall into a negative balance, regardless of how much funds you choose to withdraw.
Will withdrawals affect my Cashback Bonus?
● No. Your Cashback Bonus is yours and will remain unaffected by any withdrawals you make.
Is there a minimum trade duration to convert my Bonus into Cashback?
● Any FX, Gold, or Oil trade must be held for a minimum of 10 minutes in order for your Bonus to be converted to Cashback.
How can I increase my Bonus Credits?
● Your Bonus Credits accrue every time you make an eligible deposit. For each deposit of $500 or more, you will receive 50% of that amount in Bonus Credits.
How do I maximise my monthly Cashback?
● To maximise the amount of Cashback you can earn relies on two factors; your account type, and your trading activity on FX, Gold, and Oil products, with Direct STP accounts converting to Cashback at a higher rate than Prime ECN accounts. Simply ensure you have a sufficient amount of credits in your Bonus Wallet, and trade FX, Gold, and Oil on a Direct STP account to maximise your Cashback. And, the more trades you make and the higher the volume you trade, the faster your Bonus Credits will convert to Cashback.
Do I earn the same Cashback amount on Direct STP and Prime ECN accounts?
● The Cashback amount earned on FX, Gold, and Oil differs between account types.
Direct STP | Prime ECN |
$2 per FX, Oil, Gold lot traded | $.50 per FX, Oil, Gold lot traded |
Do I earn Cashback on Ultra ECN or Cent accounts?
● Unfortunately, Ultra ECN or Cent accounts do not accrue any Cashback from trading FX, Gold, or Oil. You must be trading either Direct Direct STP or Prime Prime ECN accounts.
What are the bonus statuses and what do they mean?
● Apply: The first time you make an eligible deposit, you are required to click “Apply” for your bonus to be credited. All subsequent deposits will be credited automatically.
● Credited: The bonus has been credited and will appear in your Bonus Wallet
● Ineligible: The bonus didn’t meet the minimum $500 requirement
● Deducted: The bonus has been deducted as a result of withdrawing funds from your trading account.
How do I opt out of the Cashback Program?
● If you decide you no longer want to be a part of the program, please send your request to opt-out at [email protected]
Cashback Terms and Conditions
1. Moneta Markets is a trading name of Moneta Markets Ltd, registered under the Saint Lucia Registry of International Business Companies with registration number 2023-00068.
2. The “Cashback Bonus Terms and Conditions" is an integral part of the "Moneta Markets Ltd Terms and Conditions" and provisions set herein are considered as an annex of all "Moneta Markets Ltd Terms and Conditions" and they should be read in conjunction.
Conditions of Eligibility.
1. Subject to, and without prejudice to, all other Terms and Conditions, the offer is available to Moneta Markets' Clients who have satisfied the Eligibility Criteria for the offer ("Eligible Clients") as set out in the sections following hereinafter.
2. Moneta Markets offers The "Cashback Bonus" to clients who open live trading accounts (meaning not demo) with Moneta Markets.
3. The "Cashback Bonus" is available only for Direct STP and Prime ECN Accounts. PAMM, MAM,Ultra ECN and “Cent” accounts are not eligible for participation in the “Cashback Bonus” promotion.
4. Moneta Markets, at its absolute discretion, offers the "Cashback Bonus" to any Client(s) from any country/region, as it deems appropriate and for as long as Moneta Markets deems to provide it. The Company reserves the right to withdraw and/or cancel any eligibility based on local restrictions and/or requirements.
5. The Cashback Bonus is not eligible for clients residing in Turkey.
6. Only deposits of $500 or more from 19 July 2023 are eligible for the Cashback Bonus.
7. Only persons who can form legally binding contracts under the laws applicable in their country of residence may participate in the "Cashback Bonus". Without limiting the preceding, participation in the "Cashback Bonus" is not allowed for persons under the age of 18 Minors", as they are ineligible to open an account with the Company
8. Participation of "Intermediaries/Related Parties" in the "Cashback Bonus" is prohibited. If the registration and/or trading data of a participant in the "Cashback Bonus" corresponds with the registration and/or trading information, including but not limited to IP address, of another participant in the "Cashback Bonus", Moneta Markets reserves the right to regard this matching as a reason for immediate disqualification. For the purposes hereof, the term "Intermediary(ies) / Related Party(ies)", when used in these Terms & Conditions, unless the context otherwise requires, shall mean to include any person or entity bearing a relationship with any participant in the " Cashback Bonus", including, without limitation:
a. family members, such as brothers, sisters, spouses, ancestors, lineal descendants and collateral descendants;
b. person or entity, whom any participant in the "Cashback Bonus", directly or indirectly through one or more intermediaries, controls, or whom, directly or indirectly, through one or more intermediaries, is controlled by, or is under common control with any participant in the "Cashback Bonus"; for purposes of this definition, the term "control" (including, with correlative meaning, the terms "controlled by" and "under common control with"), as used with respect to any participant in the " Cashback Bonus", shall mean the possession, directly or indirectly through one or more intermediaries, of the power to direct or cause the direction of management policies of such person or entity, whether through ownership of voting securities or otherwise.
c. Similarly, persons associated in any manner whatsoever with Moneta Markets and/or with the specific websites and/or social network sites on which Moneta Markets may be running from time-to-time certain specific promotions, contests and/or surveys, in the context of which access to the "Cashback Bonus" is offered, are not allowed to participate in the offer.
Specific "Cashback Bonus" Terms
1. Clients need to first deposit a minimum of $500, and then successfully apply for their 50% credit bonus in their client portal first to receive bonus credits. Bonus credits from subsequent deposits are automatically applied.
*Only deposits made during the promotion period are valid and will be considered for the promotion. This excludes internal transfers, refer-a-friend bonuses, and cash adjustments.
2. The "Cashback Bonus" is available only for Direct STP and Prime ECN Accounts. Ultra ECN and “Cent” accounts are ineligible for participation in the “Cashback Bonus” promotion.
3. Eligible Clients (both new and existing clients), who meet the criteria set forth herein are able to receive Cashback equal to:
Direct STP | Prime ECN |
$2 per FX, Oil, Gold lot traded | $.50 per FX, Oil, Gold lot traded |
Direct STP | Prime ECN |
$0.50 per FX, Oil, Gold lot traded | $0.25 per FX, Oil, Gold lot traded |
*The minimum accumulated trading lot size for which the cashback can be triggered is 0.01 standard lot. If the client's valid trading lot on the day fails to accumulate to 0.1 standard lot, it will be cleared to zero. The cumulative number of lots is a multiple of 0.01 standard lot, such as 0.02 standard lot, 0.03 standard lot (0.12 standard lot will be calculated as 0.12 standard lot).
4. The eligible products: All Forex, Gold and Oil CFD products
5. The effective trading volume: The newly opened and closed orders during the promotion period. Positions open for less than 10 minutes, locked positions, and hedged positions do not count as valid trades for this promotion.
6. This offer can be used in conjunction with any other offer.
7. Withdrawal of funds will result in the removal of an equal amount in credits from a user’s Bonus Wallet. If the withdrawal amount is greater than the Bonus Credit amount, the Credit amount will be reduced to a zero balance.
8. Moneta Markets will not be liable for any costs, expenses, or damages which may be suffered as a result of Moneta Markets re-setting or adjusting the client's account as contemplated by these Terms and Conditions, including but not limited to losses attributable to automatically Closed Out Open Positions.
9. The Moneta Markets reserves the right, at its sole discretion:
a. to decline registration of any participant in the " Cashback Bonus"; and
b. disqualify any participant in the "Cashback Bonus" who tampers or breaches these terms and/or any of the "Moneta Markets Terms and Conditions" set forth on Moneta Markets' website.
10. Moneta Markets reserves the right, at its reasonable discretion, to discontinue the offering of this "Cashback Bonus" to any of its clients, without having to explain the reasons. Such clients will be informed via email.
11. Moneta Markets reserves the right to alter, amend or terminate the “Cashback Bonus" or any aspect of it at any time without having to compensate anyone for that. Prior notice of such changes will be given to clients. Please note that taking part in the "Cashback Bonus" constitutes acceptance and agreement to abide by any such alterations, amendments, and/or changes.
12. Any indication or suspicion, in the Moneta Markets' sole discretion, of any form of arbitrage (including but not limited to risk-free profiting), abuse (including but not limited to participant's trading activity patterns that indicate that the participant solely aims to benefit financially from the cashback without being genuinely interested in trading in the markets and/or taking market risk), fraud, manipulation, cash-back arbitrage connected to a cashback promotion or any other forms of deceitful or fraudulent activity, will nullify all previously cashback of the Eligible Client's real trading accounts with Moneta Markets and/or any and all transactions carried and/or profits or losses garnered therein. In these circumstances, Moneta Markets reserves the right, at its sole discretion to close/suspend (either temporarily or permanently) all such Eligible Client's real trading account(s) with Moneta Markets, cancel all orders and annul all profits of such participant. In these circumstances, Moneta Markets shall not be liable for any consequences of the cashback cancelation, including, but not limited to, order(s) closure by Stop Out.
13. Taking part in the "Cashback Bonus" constitutes acceptance of these Terms & Conditions and of the Moneta Markets Terms and Conditions set forth on the Moneta Markets' website.
14. The "Cashback Bonus" is available for a limited period, as indicated in the rules of engagement of the specific promotion, and/or survey of which the "Cashback Bonus" is mentioned to be a part.
15. If these terms and conditions of the "Cashback Bonus" is translated into a language other than English, the English version is superior in the case of an incompatible interpretation.
Risk Warning
1. Trading derivatives and forex carries a high level of risk to your capital and should only be traded with money you can afford to lose. Ensure you read the documents on our Legal Documents page and seek independent advice, to fully understand the risks, before deciding to trade. This promotion has been prepared without taking into account your objectives, financial situation, or needs.
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