Moneta Markets vs Global Prime

Moneta Markets vs Global Prime Comparison Table 2024
Moneta Markets Global Prime
4.4
3.8

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.

Global Prime is a multi-regulated trading broker offering 150+ markets. Traders can get started with a $200 minimum deposit and trade with leverage up to 1:100. The firm also has a high trust score and a good reputation with a license from the ASIC.

Bonus Offer
50% Cashback Bonus, Free VPS
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." "Global Prime is suitable for both beginners and seasoned traders with excellent market access, low fees and a range of tools including copy trading."
Pros
  • Traders can access ECN and STP trading accounts with competitive pricing and zero commissions on US shares
  • Growing product portfolio for day traders with over 1000 assets, most recently fresh index CFDs
  • Moneta Markets is a reputable broker regulated by the ASIC, FSCA and FSA
  • 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
  • Full range of investments with 150+ assets including crypto
  • Low latency with execution speeds from 10ms
  • Wide range of deposit options with zero fees
  • Segregated client funds
  • 24/7 customer support
  • $0 minimum deposit
  • Trade receipts
  • ECN account
  • VPS
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
  • Clients from US and Canada are not accepted
  • Narrow range of account options
  • No MetaTrader 5 integration
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 Forex, indices, commodities, cryptocurrencies, shares, bonds
Demo Account
Yes Yes
Minimum Deposit
$50 A$200
Trading Platforms
  • AppTrader
  • ProTrader
  • MT4
  • MT5
  • TradingView
  • TradingCentral
  • MT4
  • TradingView
  • AutoChartist
Payment Methods
Wire Transfer, Credit Card, FasaPay, JCB, Sticpay, Crypto, local regional deposit methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FSCA, ASIC, FSA ASIC, VFSC, FSA
Margin Trading
Yes Yes
STP Account
Yes Yes
ECN Account
Yes Yes
DMA Account
No No
MAM Account
No No
PAMM Account
Yes No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No Yes
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No No
Mobile Apps
iOS & Android iOS & Android
Android App Rating
4.4
iOS App Rating
5
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes 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. Interact with and copy the trades of experienced investors with Global Prime's exclusive copy trading service. Over 40 different setups can be copied on the popular Myfxbook Autotrade platform.
Social Trading
Yes Yes
Trade 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
$0
Islamic Account
Yes No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • NZD
  • JPY
  • HKD
  • SGD
  • BRL
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • SGD
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. Global Prime offers CFD trading opportunities on 150+ global markets including forex, indices, commodities, cryptocurrencies and bonds. Spreads are tight with a raw ECN account available starting from zero.
Leverage
1:1000 1:200
FTSE Spread
13.33 0.84
GBPUSD Spread
0.56 0.64
Oil Spread
2.90 1.6
Stocks Spread
0.3 Variable
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. Global Prime traders can access 48 forex pairs including majors, minors and exotics with tight spreads from 0.9 with no commission or from 0 with a $7 round turn. Forex is traded via the leading MT4 platform, micro lots are available and latency is low via a New York-based server.
GBPUSD Spread
0.56 0.75
EURUSD Spread
0.26 0.16
EURGBP Spread
0.36 0.85
Assets
45+ 48
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. Global Prime crypto CFDs cover a good range of 35 tokens with impressive commissions of 0.1% and leverage available in some jurisdictions. The tokens include Bitcoin, Ethereum and other popular choices as well as smaller tokens like Sandbox and Avalanche.
Spread
Variable Floating
Coins
  • BTC
  • BCH
  • DSH
  • LTC
  • ETH
  • XRP
  • BTC
  • BCH
  • LTC
  • ETH
  • XRP
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
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