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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
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:
The company is managed primarily from Dubai, reflecting its strategic focus on emerging markets and global accessibility.
Moneta Markets offers access to over 1,000 tradable instruments, including:
The broker boasts:
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.
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.
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.
This content is for informational purposes only and does not constitute financial, investment, or other professional advice. It should not be considered a recommendation to buy or sell any securities or financial instruments. All investments involve risk, including the potential loss of principal. Past performance is not indicative of future results. You should conduct your own research and consult with a qualified financial advisor before making any investment decisions.
Some portions of this content may have been generated or assisted by artificial intelligence (AI) tools and been reviewed for accuracy and quality by our editorial team.
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