In a strategic move to strengthen its regulatory footprint and expand into the UK trading market, Moneta Markets, a global retail FX and CFD broker, has acquired VIBHS Financial Ltd, a UK-based firm holding a Financial Conduct Authority (FCA) license since 2014
The acquisition allows Moneta Markets to operate under FCA oversight, marking a significant milestone in its global expansion strategy. VIBHS, previously owned by Dubai-based Indian businessman Piyushkumar Parekh, had been relatively inactive in recent years, reporting revenues of just £358,000 for the fiscal year ending March 2025
Moneta Markets: From Offshore Brand to Global Player
Founded in 2020 as a spin-off from Australia-based broker Vantage, Moneta Markets was initially domiciled in Saint Vincent and the Grenadines. Under the leadership of David Bily, former CMO of Vantage, the firm has evolved into a standalone brokerage with a growing international presence.
Moneta Markets now operates under multiple regulatory licenses, including:
- FCA (UK) – via VIBHS acquisition
- FSCA (South Africa) – FSP License No. 47490
- SLIBC (St. Lucia) – Reg. No. 2023-00068
The company is managed primarily from Dubai, reflecting its strategic focus on emerging markets and global accessibility.
Trading Features and Reach
Moneta Markets offers access to over 1,000 tradable instruments, including:
- Forex pairs
- Index and commodity CFDs
- Individual stock CFDs
- ETFs and crypto CFDs
The broker boasts:
- Over 70,000 active trading accounts
- More than 1.5 million trades monthly
- Monthly trading volumes exceeding $100 billion
Its infrastructure includes ultra-fast execution via Equinix data centers in New York, London, and Hong Kong, and platforms such as MetaTrader 4/5, ProTrader, and CopyTrader.
Brand Partnerships and Promotions
Moneta Markets recently became the official sponsor of Atlético de Madrid in APAC, reinforcing its brand visibility in key regions. The broker also offers a 50% cashback bonus for new deposits over $500, converting bonus credits into real cash as clients trade.
Industry Impact
The FCA license acquisition places Moneta Markets among a growing list of offshore brokers seeking regulatory legitimacy in Tier-1 jurisdictions. It also reflects a broader trend of consolidation and strategic licensing in the retail trading space.
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