Forex.com vs Moneta Markets

Forex.com vs Moneta Markets Comparison Table 2023
Forex.com Review 2023 Moneta Markets Review 2023
4.5

Forex.com is #1 in our broker rankings.

4.4
United States Flag Traders from US accepted
United States Flag Traders from US not accepted

Forex.com boasts a global reputation with multiple awards and 20+ years experience. Regulated in the US, EU, UK and Canada they provide a huge range of markets, not just forex, and offer competitive fees on a cutting-edge platform. The brand also provides a suite of additional tools, from performance analytics and SMART Signals to advanced charts and strategy builders.

Moneta Markets is a regulated multi-asset broker offering an excellent suite of instruments spanning forex, stocks, indices, commodities, bonds, ETFs and crypto. There are no deposit fees and the minimum deposit is accessible at $50. The account opening process is also straightforward, taking just a few minutes to sign up and start trading. More than 70,000 traders have signed up with the ASIC, FSCA and FSA-regulated brokerage.

Bonus Offer
Active Trader Program With A 15% Reduction In Costs 50% Cashback Bonus, Free VPS
Comment by Reviewer
"Forex.com is an excellent broker for forex traders with over 80 currency pairs, tight spreads, low commissions and powerful platforms. The brand is also heavily regulated while its parent company is listed on the NASDAQ, giving it a high trust score." "Moneta Markets is a great pick for users looking to trade a wide range of markets with 1000+ instruments and high leverage up to 1:1000. Access to the powerful MT4 and MT5 platforms will also appeal to seasoned traders."
Pros
  • Respected and trusted broker overseen by tier-one regulators including the US SEC
  • Excellent trading tools including Trading Central, SMART Signals and MetaTrader 4
  • Industry-leading pricing on popular forex assets starting from 0.0 pips
  • Beginner-friendly web platform and mobile app
  • Up to 15% cashback rebates for active traders
  • Fast execution speed of less than 1 second
  • Free demo account for prospective traders
  • VPS hosting for automated strategies
  • Top-rated forex and CFD broker
  • Low minimum deposit of $100
  • ECN and STP trading accounts with competitive pricing
  • Legitimate broker regulated by the ASIC, FSCA and FSA
  • Excellent product portfolio with over 1000 assets
  • Award-winning customer support available 24/7
  • Easy-to-use CopyTrader app for social investors
  • Access to MetaTrader 4 and MetaTrader 5
  • Welcome bonuses and trading promotions
  • Accessible minimum deposit of $50
  • Commission-free trading on US shares
  • Very high leverage up to 1:1000
  • Fast and digital account opening
Cons
  • Investment offering varies between countries
  • $15 monthly inactivity fee
  • No copy trading platform
  • You have to deposit $500 to access some educational materials
  • Offshore regulation weakens legal safeguards for some traders
  • The demo account expires after one month
  • Withdrawal fees may apply
Awards
  • Best CFD Broker 2022 - Rankia
  • Best HNW Service 2022 - Dubai Forex Expo
  • Best US Broker 2020 - DayTrading.com
  • Best US Broker 2019 - DayTrading.com
  • Runner-Up - Best Forex Broker 2019 - DayTrading.com
  • 10 Best Companies To Watch 2021
  • Best Forex Broker For Beginners 2021
  • Best Forex Broker For Professionals 2021
  • Most Advanced CFD Trading Platform 2020
Instruments
Forex, Spot Metals CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto
Demo Account
Yes Yes
Minimum Deposit
$100 $50
Trading Platforms
  • MT4
  • MT5
  • TradingView
  • eSignal
  • AutoChartist
  • TradingCentral
  • MT4
  • MT5
  • TradingView
  • TradingCentral
Payment Methods
Debit Card, ACH Transfer, Wire Transfer Wire Transfer, Credit Card, FasaPay, JCB, Sticpay, Crypto, local regional deposit methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
NFA, CFTC FSCA, ASIC, FSA
Margin Trading
Yes Yes
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
Yes No
MAM Account
No No
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
Yes No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
iOS & Android iOS, Android + Web Trader
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
No Yes
Copy Trading Platform
Moneta Markets offers copy trading on its CopyTrader app and ZuluTrade. Both solutions allow clients to hand pick and follow experienced traders with real-time performance statistics and thousands of signal providers.
Social Trading
No Yes
Trade Signals
SMART Signals Yes
VPS Hosting
Yes Yes
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$15 $0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • JPY
  • CHF
  • USD
  • EUR
  • GBP
  • CAD
  • NZD
  • JPY
  • HKD
  • SGD
  • BRL
Stock Exchanges
Commodities
CFD Trading
CFD trading not offered Moneta Markets clients can speculate on the direction of hundreds of assets covering forex, stocks, indices, commodities, bonds, cryptos and ETFs. Fees are transparent and there are no hidden charges.
Leverage
1:50 1:500
FTSE Spread
1.0 Floating
GBPUSD Spread
1.0 Floating
Oil Spread
0.04 Floating
Stocks Spread
0.1% (Min Commission Applies) Floating
Forex Trading
Forex.com is a leading FX broker. The brand offers a wide range of currency pairs and some of the lowest fees in the industry. Spreads on the EUR/USD come in as low as 0.0 with a $7 commission per $100k. Moneta Markets offers more than 45 forex pairs with higher leverage than most brokers, up to 1:1000. Spreads are also tight while the trading platforms offer advanced market analysis tools.
Forex App

Running alongside the Advanced and WebTrader Platforms, the Forex.com mobile app offers full trading capabilities on a user-friendly, compact platform. Integrated news and analysis, plus real time trade alerts, are two mobile specific features that set this app above the crowd.

GBPUSD Spread
1.0 Floating
EURUSD Spread
1.0 Floating
EURGBP Spread
1.0 Floating
Assets
80+ 45+
Cryptocurrency
Crypto trading not offered Trade dozens of popular cryptos against the USD with 1:5 leverage. Digital currencies can be traded as CFDs only - they cannot be directly bought and sold.
Spread
BTC 1.4%, ETH 2% Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BTC
  • BCH
  • DSH
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Forex.com
vs
Moneta Markets
vs