XM vs Moneta Markets
| XM Review 2023 | Moneta Markets Review 2023 |
|---|---|
4.4
|
4.4
|
 Traders from US not accepted
|
Traders from US not accepted
|
|
XM is a globally recognized forex and CFD broker with 10+ million clients in 190+ countries. Since 2009, this trusted FSC-regulated broker has been well-known for its low spreads and competitive fees on 1000+ instruments. XM offers both the MT4 and MT5 platforms. |
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 | |
| $50 No Deposit Bonus When You Register A Real Account, Deposit Bonus Up To $5000, Free VPN Service | 50% Cashback Bonus, Free VPS |
| Promotions | |
|
Improve The Speed & Reliability Of Your Trades With The XM VPS |
|
| Comment by Reviewer | |
| "XM will suit traders looking for a trustworthy broker with low fees, access to the reliable MetaTrader platforms, plus excellent market research and education." | "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 | |
|
|
| Cons | |
|
|
| Awards | |
|
|
| Instruments | |
| Forex, Stock CFDs, Turbo Stocks, Indices, Commodities, Precious Metals, Energies, Shares, Crypto | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $5 | $50 |
| Trading Platforms | |
|
|
| Payment Methods | |
| Wire Transfer, Credit Card, FasaPay, JCB, Sticpay, Crypto, local regional deposit methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, CySEC, DFSA, FSC | FSCA, ASIC, FSA |
| Margin Trading | |
| Yes | Yes |
| Margin Rate | |
| 0.2% | |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| No | No |
| MAM Account | |
| No | No |
| PAMM Account | |
| No | Yes |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | Yes |
| Market Maker | |
| Yes | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | No |
| Mobile Apps | |
| iOS, Android & Windows | 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 | |
| Yes | 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 | |
|
|
| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Speculate on rising and falling prices with leveraged CFDs spanning popular financial markets. Users get low spreads and high-quality market insights to support 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. |
| Leverage | |
| 1:1000 | 1:500 |
| FTSE Spread | |
| 1.5 pts (var) | Floating |
| GBPUSD Spread | |
| 1.9 (var) | Floating |
| Oil Spread | |
| 0.03 (var) | Floating |
| Stocks Spread | |
| 0.002 (var) | Floating |
| Forex Trading | |
| XM offers ultra low spreads across a range of forex markets with no re-quotes or hidden charges. Forex can be traded 24/5 on desktop, web and mobile. Over 50 currency pairs are available including all majors. | 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 | |
XM offer a mobile app for both Android and iOS that has been specifically tailored to each platform, maximizing the functionality of both. The app delivers the MetaTrader 4 and MetaTrader 5 platforms in your hand, with full forex trading and charting capabilities. Try it out today. |
|
| GBPUSD Spread | |
| 1.9 | Floating |
| EURUSD Spread | |
| 1.6 | Floating |
| EURGBP Spread | |
| 1.8 | Floating |
| Assets | |
| 55+ | 45+ |
| Currency Indices | |
|
|
| Cryptocurrency | |
| XM offers crypto trading through CFDs. This means you can speculate on rising and falling prices with leverage. XM offers a good range of cryptocurrencies, including major tokens like Bitcoin. | 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 | |
| Variable | Variable |
| Coins | |
|
|
| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
|
|
|
| More Comparisons | |
|
XM vs |
Moneta Markets vs |