Moneta Markets Introduces 600+ New Products to Trade Following the Launch of Their NY Data Centre and Trade Servers

Leading FX and CFD broker, Moneta Markets, has just announced the addition of 600+ new US, UK, and EU Share CFDs to complement the launch of their New York Equinix Data Centre and Trade Server, to further bolster their dominance across the Southeast and Eastern Asian markets.

We spoke with Moneta Markets’ founder, David Bily, to talk about the broker’s rapid expansion across the SEA region.

“Over the past 6-12 months, our presence across Asia has grown with unprecedented demand, the scale of which was largely unexpected. In this industry, you don’t often get second chances with clients, and this rapid growth meant that we had to make sure that we had the infrastructure in place to cater to the influx of volume that we are receiving.

“By leveraging our partnership with Equinix, we are able to provide clients around the world with the fastest possible trade execution based on their location, and with the launch of our New York DC, we are able to deliver a failsafe level of reliability and staggeringly low latency across Southeast Asian and Eastern Asian regions.”

You have also launched a range of new Share CFDs, have you noticed a significant increase in demand for new products?

“Yeah, absolutely. We have been continually expanding our product offering, whether it’s across the futures, crypto, or Share CFD markets. Demand for additional Share CFD products has increased significantly over the past twelve months, and to ensure we are positioned competitively to cater to traders who have a background in equities or leverage share CFD products, we are now one of the only brokers to offer around 800 US, UK, and EU Share CFDs, with a large number of those available with zero commissions.

“Current market conditions are also primed for the uptick in interest when it comes to trading companies listed on the largest global indexes, we are seeing a number of big names across multiple sectors start to bottom from the impact of Covid, and by offering traders a chance to capitalise on these markets when the timing is right, helps us reaffirm our position as one of the most competitive multi-asset brokers in the market with one of the largest range of products available for traders of all types and styles.”

In an industry where many FX brokers have become complacent and stagnant, it is refreshing to see a mover and shaker like Moneta Markets is always evolving to remain increasingly competitive, and their competitors should certainly be wary of resting on their laurels.

Moneta Markets is a multi-regulated FX and CFD brokerage offering 900+ FX pairs, Indices, Commodities, Crytpos, and Share CFDs on the popular MT4, MT5 and PRO Trader platforms.