Moneta Markets vs GC Option

Moneta Markets vs GC Option Comparison Table 2024
Moneta Markets GC Option
4.4
3.3

Moneta Markets is a regulated multi-asset broker offering an excellent suite of 1000+ short-term instruments. 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.

GC Option is a binary options broker offering contracts with flexible contract lengths and payouts up to 86% on 27 instruments. This is one of the few binary options brokers to support MetaTrader 4, which it provides alongside two proprietary trading platforms.

Bonus Offer
50% Cashback Bonus, Free VPS Risk Free Trading Days
Comment by Reviewer
"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 day traders." "Binary options traders who favor the MetaTrader 4 platform should try out GC Option. The double-touch contracts and selection of expiry times offer a good range of trading opportunities."
Pros
  • Traders can access ECN and STP trading accounts with competitive pricing and zero commissions on US shares
  • Moneta Markets is a reputable broker regulated by the ASIC, FSCA and FSA
  • There's an excellent product portfolio for day traders with over 1000 assets
  • Award-winning customer support is available 24/7 via multiple channels
  • There's an easy-to-use CopyTrader app for social investors
  • Access to top-tier charting platforms including MetaTrader 4 and MetaTrader 5
  • The $50 minimum deposit is very accessible for beginners
  • Very high leverage is available up to 1:1000 for experienced investors
  • MetaTrader 4 and proprietary WebTrader platforms
  • Spin-off brokerage of reputable Grand Capital
  • Low minimum deposit requirement of $10
  • Double-touch binaries available
  • 30 popular trading assets
  • No commission fees
  • Free demo account
  • Payouts up to 86%
  • 24/7 live chat
Cons
  • You have to deposit $500 to access the best educational materials
  • The broker's offshore regulation weakens legal safeguards for some traders
  • The demo account expires after only one month
  • Poor regulatory oversight reducing safety score
  • Withdrawal fees for some payment methods
  • Limited educational resources
  • No binaries on stocks
  • No copy trading
Awards
  • 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
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto Binary Options on Forex, Metals and Cryptos
Demo Account
Yes Yes
Minimum Deposit
$50 $10
Trading Platforms
  • AppTrader
  • ProTrader
  • MT4
  • MT5
  • TradingView
  • TradingCentral
  • MT4
  • TradingView
Payment Methods
Wire Transfer, Credit Card, FasaPay, JCB, Sticpay, Crypto, local regional deposit methods
Minimum Trade
0.01 Lots $1
Regulator
FSCA, ASIC, FSA
Margin Trading
Yes No
STP Account
Yes No
ECN Account
Yes No
DMA Account
No No
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes No
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS, Android + Huawei
App Review

Similar to most binary brands, GC Option doesn’t offer a stand-alone app. Instead, you can make short-term trades directly through mobile browsers. The mobile trading environment is average – charts are a little fiddly to use effectively. Ultimately, it’s fine for account management, but it doesn’t compete with industry frontrunners.

Android App Rating
4.4
3
iOS App Rating
5
3
Auto Trading
Expert Advisors (EAs) on MetaTrader Expert Advisors (EAs) on MetaTrader
Copy Trading
Yes No
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
Yes No
Trade Signals
Yes Yes
VPS Hosting
Yes No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • NZD
  • JPY
  • HKD
  • SGD
  • BRL
  • USD
  • EUR
  • INR
  • MYR
  • IDR
  • NGN
Stock Exchanges
Commodities
CFD Trading
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. CFD trading not offered
Leverage
1:1000
FTSE Spread
13.33
GBPUSD Spread
0.56
Oil Spread
2.90
Stocks Spread
0.3
Forex Trading
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. Trade binary options on 25+ forex pairs including a range of majors and minors, as well as precious metals paired with USD. Payouts top 80% and users can analyze market movements on the hugely popular MT4 platform and app.
GBPUSD Spread
0.56 Variable
EURUSD Spread
0.26 Variable
EURGBP Spread
0.36 Variable
Assets
45+ 25+
Cryptocurrency
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. Moneta Markets also enhanced its crypto offering in 2024 with 6 ETFs that provide exposure to digital currencies. Trade popular crypto tokens using straightforward binary options products. Decide whether the price of tokens like Bitcoin will rise or fall with a minimum stake of just $1.
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • DSH
  • LTC
  • ETH
  • XRP
  • BTC
  • BCH
  • BNB
  • ETH
  • ETC
  • XMR
  • ZEC
  • DSH
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Binary Options
Binary options trading not offered GC Option offers beginner-friendly binary options with 86% payouts and opportunities on forex, metals and cryptocurrencies. The broker stands out for its market-leading trading software and access to short-term opportunities with contracts spanning 60 seconds to 48 hours.
Payout
86%
Expiry Times
1 minute - 48 hours
Ladder Options
No No
Boundary Options
No Yes
More Comparisons
Moneta Markets
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