Moneta Markets referral code IITW: how it works and which bonuses you can claim in the UAE
The Moneta Markets referral code is IITW. Type it in the "Referred By" field when you open your account, either through our Moneta Markets sign-up link or on the Moneta Markets website.
IITW is a partner code. It links your account to BrokerMatch and does not unlock a bonus of its own. You can use it with either of the two current Moneta promotions, the 50% Cashback Bonus or the 50% Credit Bonus, and neither of them excludes UAE residents. Below we explain how to use the code, what each bonus is worth in practice and who holds your account when you sign up from the UAE.
Overview of the Moneta Markets referral code
| Details | Description |
|---|---|
| 🏆 Referral code | IITW |
| 💰 What the code does | Links your account to BrokerMatch (no separate bonus) |
| 🎁 Promotions you can claim | 50% Cashback Bonus or 50% Credit Bonus of up to USD 10,000 |
| 💵 Minimum deposit | USD 500 for the Cashback Bonus, USD 100 for the Credit Bonus |
| 🌐 Available in the UAE? | Yes, but your account is held by Moneta Markets Ltd in Saint Lucia |
Source: Moneta Markets Cashback Bonus and 50% Credit Bonus terms, checked on 21 October 2026.
What is the Moneta Markets referral code?
Moneta's sign-up form has a "Referred By" field. Whatever code you enter there tells Moneta who introduced you. IITW is our partner code, so entering it records BrokerMatch as the partner that introduced you.
The code does not change your spreads or commissions, and it does not add a bonus on top. Both promotions are open to every eligible client, with or without a code, and you opt in to the one you choose in the Client Portal. Moneta Markets pays us a commission for the clients we introduce.
How to use the Moneta Markets referral code?
The sign-up takes a few minutes:
- Open the Moneta Markets registration page through our link.
- Fill in your name, phone number, email and a password.
- Type IITW in the "Referred By" field.
- Confirm that you are not a US person and click "Create account".
- Verify your identity and address in the Client Portal.
- Open a Direct STP or Prime ECN account if you want the Cashback Bonus, then deposit and opt in to the bonus.
Add the code before you click "Create account". If you have already registered without it, Moneta told us you can email partnerships@monetamarkets.com and ask to be assigned to affiliate ID 38919.
Which Moneta Markets bonuses can you claim in the UAE?
Moneta runs two promotions, and neither of them excludes UAE residents. Both need a deposit and an opt-in in the Client Portal.
| Promotion | What you get | Minimum deposit | Withdrawable? |
|---|---|---|---|
| 50% Cashback Bonus | Credits worth 50% of your deposit, turned into cash as you trade | USD 500 (about AED 1,836) | Yes, the cash you unlock |
| 50% Credit Bonus | Trading credit of 50% on the first USD 1,000 and 20% above that, up to USD 10,000 | USD 100 (about AED 367) | No, it only adds margin |
Source: Moneta Markets promotion terms, 21 October 2026.
50% Cashback Bonus
Deposit USD 500 or more into a Direct STP or Prime ECN account and Moneta adds credits worth 50% of the deposit. The credits turn into withdrawable cash as you trade forex, gold and oil: USD 2 per lot on Direct STP and USD 0.50 per lot on Prime ECN, on trades held for at least 10 minutes. A USD 1,000 deposit (about AED 3,673) gives you 500 credits, so you would need 250 lots on Direct STP to turn all of them into cash.
The cash you unlock is yours. If you withdraw part of your deposit, Moneta removes the credits you have not converted yet in the same proportion. Ultra ECN, Cent, PAMM and MAM accounts are not eligible, and the credits do not expire.
50% Credit Bonus
Deposit USD 100 or more and Moneta adds trading credit of 50% on the first USD 1,000 and 20% on the amount above it, up to USD 10,000 (about AED 36,725). The credit raises the margin you can trade with, but it can never be withdrawn. Withdrawing only your profits leaves it untouched. Withdrawing part of your deposit cuts it in the same proportion: take out 10% of your deposit and you lose 10% of the credit.
The terms ban hedging, news trading, arbitrage and scalping, and they say the Credit Bonus cannot be combined with another ongoing promotion unless Moneta authorises it. A larger margin also means larger positions, so the credit raises potential losses as much as potential gains.
Who can use the code?
Moneta Markets Ltd runs monetamarkets.com and both promotions. Its website is not intended for residents of the United States, Canada, France, Spain, Italy, Cyprus, Russia and Ukraine, and it does not accept clients from Singapore.
The Cashback Bonus is not available to residents of Turkey. The Credit Bonus is not available to clients from Iraq, and Moneta told us it is also not offered in Pakistan, Vietnam, China, Thailand, Iran and Afghanistan. Check the terms in your Client Portal before you deposit.
Is Moneta Markets regulated in the UAE?
Moneta has a UAE licence, but only to introduce clients. Moneta Global Financial Services L.L.C holds a Category 5 licence from the UAE Capital Market Authority (CMA, the former Securities and Commodities Authority). Category 5 covers introduction and promotion only, so this company does not execute trades or hold client money.
Your client agreement is with Moneta Markets Ltd, registered with the Saint Lucia company registry under number 2023-00068. That registry is not a financial regulator. Moneta Markets confirmed to us that Moneta Markets Ltd is not licensed or regulated by the CMA, so CMA protections such as access to Sanadak, leverage limits and compensation schemes do not apply to your account.
The group also has companies licensed by the Financial Sector Conduct Authority (FSCA) in South Africa (FSP 47490) and the Financial Services Commission (FSC) in Mauritius (GB24203391), plus a UK company authorised by the Financial Conduct Authority (FCA) under FRN 613381 that serves UK clients only.
So your money is not protected by the CMA, the DFSA or the FSRA. Several CFD brokers serving UAE residents hold their trading licence with a UAE regulator. You can compare them in our guides to the best CFD brokers in the UAE and the best forex brokers in the UAE, and read more about local supervision in our guide to financial regulation in the UAE.
Terms and conditions overview
- New accounts only: enter the code in the "Referred By" field when you register.
- Eligible accounts: the Cashback Bonus applies only to Direct STP and Prime ECN accounts.
- Opt-in: apply for the Cashback Bonus in the Bonus Wallet of the Client Portal, and fill in the claim form for the Credit Bonus.
- Qualifying trades: only forex, gold and oil trades held for at least 10 minutes count towards cashback.
- Banned strategies: hedging, news trading, arbitrage and scalping are not allowed with the Credit Bonus.
- Changes: promotions can change, so check the live terms in the Client Portal before you deposit.
Frequently asked questions
What is the Moneta Markets referral code?
The code is IITW. Type it in the "Referred By" field when you create your account, either through our sign-up link or on the Moneta Markets website.
Does the referral code give me a bonus?
Not on its own. IITW links your account to BrokerMatch. The 50% Cashback Bonus and the 50% Credit Bonus are open to every eligible client, and you opt in to the one you choose in the Client Portal.
Can I use the code in the UAE?
Yes. Neither bonus excludes UAE residents. Moneta's UAE company holds a CMA Category 5 introducer licence, and your account is opened with Moneta Markets Ltd in Saint Lucia.
Can I add the code after I register?
Moneta told us that clients who registered without our link can email partnerships@monetamarkets.com and ask to be assigned to affiliate ID 38919.
What is the minimum deposit at Moneta Markets?
USD 50 (about AED 184) to open a Direct STP or Prime ECN account. The bonuses need more: USD 500 for the Cashback Bonus and USD 100 for the Credit Bonus.
Is the Credit Bonus withdrawable?
No. It is trading credit you can use as margin. Of the two promotions, only the Cashback Bonus turns into cash you can withdraw.
Conclusion
Moneta Markets referral code IITW links your new account to BrokerMatch and lets you claim either of the two current promotions. Only the Cashback Bonus turns into cash. The Credit Bonus adds margin but can never be withdrawn.
Remember that Moneta's UAE company only introduces clients, and your account sits with Moneta Markets Ltd in Saint Lucia, outside CMA supervision. CFDs are leveraged products, and a bonus should never be the reason to open an account. If you are comparing brokers, the Vantage referral code works the same way.
Use referral code IITW.
Disclaimer: CFDs are complex instruments traded on margin and carry a high risk of losing money rapidly due to leverage. They may not be suitable for all investors. Promotions are subject to change and to Moneta Markets' terms. This content is for informational purposes only and is not investment advice. Moneta Global Financial Services L.L.C is licensed by the UAE CMA under a Category 5 licence to provide introduction and promotion services only. Trading is conducted through Moneta Markets Ltd, registered in Saint Lucia.
