David Bil Enters Prop Trading with the Launch of Moneta Funded
Retail FX and CFDs broker Moneta Markets has officially entered the proprietary trading space with Moneta Funded. The founder and CEO, David Bily, made this announcement. He is positioning the new venture as a broker-backed prop trading firm working on rules-first, performance-based payouts.
What is Moneta Funded
Moneta Funded is a dedicated prop trading division. It operates with its own team, processes, and trader experience. It is backed by Moneta Markets’ trading infrastructure, but the firm functions independently as a prop-focused business.
The company introduces four challenge formats aimed at different trader profiles:
- Instant Funding
- One-Step Challenge
- Two-Step Challenge
- Phoenix Challenge
The objective is to provide structured evaluation paths while maintaining transparent rules and defined risk limits.
Why Moneta Markets is Entering Prop Trading
The launch comes as more retail brokers move into prop trading. Strong trader demand and the role of challenges in onboarding new traders are driving the change. At the same time, several prop firms have moved in the opposite direction by launching or acquiring brokerages, including FTMO’s acquisition of OANDA.
Technology and Trading Infrastructure
Moneta Funded is built on Moneta Markets’ institutional-grade infrastructure. Key technology features include:
- Lightning-fast execution via fiber connections to Equinix execution hubs
- Access to tier-1 liquidity providers
- MetaTrader 5 and MatchTrader trading platforms
The focus is on consistent execution quality for performance-driven traders rather than promotional incentives.
Features Across All Challenges
Across all challenge formats, Moneta Funded shows a uniform structure around discipline and transparency. Core features include:
- Up to 88% profit share
- Payouts every 14 days
- Funding availability up to $2,000,000
- No time limits on challenges
- Overnight and weekend holding
Instant Funding
This option offers traders a funded account from day one. The rules include:
- 3% daily loss limit
- 6% maximum loss with a trailing lock
- 20% consistency rule
- 88% profit split
- 14-day payout cycle
One-Step Challenge
A single-phase evaluation model with:
- 12% profit target
- 3% daily loss limit
- 6% maximum static loss
- Minimum profitable days requirement
- 88% profit split after funding
- 14-day payouts
Two-Step Challenge
A traditional two-phase evaluation structure:
- Phase one profit target: 5%
- Phase two profit target: 10%
- Defined daily and maximum loss limits
- 88% profit split at funded stage
- Payouts every 14 days
Phoenix Challenge
The Phoenix Challenge is a tier-based structure made around long-term progression:
- 10 tiers with a 10% profit target per level
- No time pressure
- 88% profit split
- Payouts every 14 days
- Funding progression up to $2,000,000
Additional Tools and Trader Support
Moneta Funded launches with an integrated resource suite called X-Tools. This includes:
- AI Market Buzz covering 35,000 tradable products
- Economic calendar
- Pattern-based featured trade ideas
The firm also provides 24/7 customer support and educational resources for traders at different experience levels.
Affiliate and Partnership Programme
Moneta Funded offers an affiliate programme with:
- Commissions up to 22%
- Lifetime commission structure
- Free CellXpert access for tracking and performance data
Brand Positioning and Sustainability
The Moneta Funded brand closely aligns with Moneta Markets’ visual identity. It uses red and green to reflect trading risk, opportunity, and discipline. Pricing and programme structures are designed with long-term sustainability in mind. They aim to support consistently profitable traders, and not short-term challenge passers.
Company Background
Moneta Funded Ltd is registered in Saint Lucia. Moneta Markets is a multi-regulated global CFD broker, authorised by the FCA, SCA, FSCA, and FSRA. The company offers trading across FX, indices, commodities, share CFDs, cryptocurrencies, bonds, and ETFs via MT4, MT5, ProTrader, and AppTrader platforms. It was originally spun off from Vantage in 2020. Moneta Markets is managed primarily from Dubai and led by David Bily, former CMO of Vantage.
Summing Up
Moneta Funded is Moneta Markets’ formal entry into prop trading with a structured, rules-driven offering. The programme combines broker-grade infrastructure with clear risk parameters and frequent payouts. It targets traders seeking disciplined and scalable trading opportunities.
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