Written by ForexBrokers.com
In this head to head comparison of Moneta Markets vs Alpari, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Moneta Markets and Alpari are both online brokers, not publicly traded or banking institutions, with founding years of 2009 and 1998 respectively. In terms of regulatory licenses, Moneta Markets stands out with one Tier-1 license and one Tier-2 license, aligning with higher degrees of trust as recognized by ForexBrokers.com. In contrast, Alpari holds no Tier-1 or Tier-2 licenses. This may influence potential clients' perception of safety and credibility when considering these brokers for trading.
Trusted ratings can further clarify these differences; Moneta Markets has a Trust Score of 79, indicating an average risk level. Meanwhile, Alpari has a Trust Score of 68, putting it in the high-risk category. Understanding these regulatory benchmarks can be crucial for those looking to choose an online broker that aligns with their trading needs and risk tolerance.
| Feature |
Moneta Markets
|
Alpari
|
|---|---|---|
| Year Founded | 2009 | 1998 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Moneta Markets offers three pricing options: the commission-free Direct STP account and two commission-based ECN accounts (Prime and Ultra). On EUR/USD in August 2023, Direct STP averaged 1.38 pips with no commission, while Prime ECN averaged 0.19 pips plus $3 per side ($6 round-trip) per standard lot—about 0.79 pips all-in, which is slightly below the industry average. Ultra ECN aims for tighter spreads and charges just $2 round-trip ($1 per side) but requires a $20,000 minimum deposit. For commissions and fees, Moneta Markets is rated 4.5/5 stars and ranks #17 out of 63 brokers.
Alpari does not publish average spread data, making precise, like-for-like cost comparisons difficult. For commissions and fees, Alpari is rated 4/5 stars and ranks #42 out of 63 brokers.
In a head-to-head look at commissions and fees, Moneta Markets provides clear data on spreads and all-in costs and may deliver lower pricing—especially on its Prime ECN account—though it isn’t yet among the absolute cheapest providers. Alpari’s lack of average spread figures limits direct comparison, and its lower ranking suggests higher typical trading costs versus Moneta. Account size may also influence your choice, since Moneta’s lowest commission ($2 round-trip) is tied to a $20,000 deposit on Ultra ECN.
| Feature |
Moneta Markets
|
Alpari
|
|---|---|---|
| Minimum Deposit | $50 | $20 |
| Average Spread EUR/USD - Standard | 1.38 | N/A |
| All-in Cost EUR/USD - Active | 0.79 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Moneta Markets and Alpari both support forex trading via CFDs/spot, plus copy trading and cryptocurrency derivatives (but not actual crypto). Moneta Markets stands out for sheer breadth, offering 1,016 tradeable symbols compared to Alpari’s 105, while their forex pair counts are similar (45 for Moneta Markets vs. 46 for Alpari). Neither broker lets you buy U.S.-listed shares directly, but Alpari does offer access to exchange-traded international shares, whereas Moneta Markets does not.
Independent ratings reflect these differences: Moneta Markets earns 4 stars for Range of Investments and is ranked 36th by ForexBrokers.com, while Alpari holds 3 stars and ranks 64th. In short, choose Moneta Markets if you want a wider overall lineup of instruments and CFDs; pick Alpari if direct access to international exchange-traded shares matters more to you.
| Feature |
Moneta Markets
|
Alpari
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1016 | 105 |
| Forex Pairs (Total) | 45 | 46 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Moneta Markets and Alpari both offer free demo accounts for paper trading, along with web and Windows desktop access to MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can trade directly from charts and use copy trading at either broker. A key difference is that Alpari also has its own proprietary platform, while Moneta Markets sticks to third‑party platforms. For social mirroring, Moneta Markets supports DupliTrade (not available at Alpari); neither broker offers ZuluTrade.
Charting and list management vary: Moneta Markets provides 78 drawing tools compared with Alpari’s 15, while the number of built‑in technical indicators isn’t specified for either. Watchlists are simpler at Moneta Markets (4 columns) and more detailed at Alpari (7 columns). Both earn 4 stars for Trading Platforms and Tools, but ForexBrokers.com ranks Moneta Markets higher (#34 of 63) than Alpari (#56 of 63), which may matter if you prioritize platform variety and add‑ons like DupliTrade.
| Feature |
Moneta Markets
|
Alpari
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 105 | 30 |
| Charting - Drawing Tools (Total) | 78 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 4 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Moneta Markets and Alpari both deliver capable mobile trading apps for iPhone and Android. Each app supports price alerts, real-time quote watchlists, 30 built-in technical studies, drawing trendlines on charts, and switching between multiple time frames like intraday, daily, and weekly. For most day-to-day charting and monitoring tasks, either app will cover the basics.
The key differences show up in workflow. Moneta Markets syncs watchlists between the mobile app and your online account, while Alpari does not. Moneta Markets also auto-saves your chart drawings; Alpari lacks this. Both earn 4 stars for Mobile Trading Apps, but in ForexBrokers.com’s rankings out of 63 brokers, Moneta Markets places #36, versus Alpari at #57. If you value cross-device syncing and saved annotations, Moneta Markets has the edge; if you just need core charting and alerts, both are solid options.
| Feature |
Moneta Markets
|
Alpari
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research, Moneta Markets delivers broader day-to-day insights than Alpari. Moneta offers daily market commentary, top-tier forex news (from sources like Bloomberg/Reuters), Trading Central tools, a sentiment indicator showing long/short ratios, and an economic calendar. Alpari also provides top-tier news and an economic calendar, but it lacks daily commentary and Trading Central, instead featuring Autochartist for pattern-based technical ideas.
Moneta Markets does not include TipRanks or Acuity Trading; Alpari’s access to TipRanks and Acuity Trading isn’t specified. For Research, Moneta Markets is rated 4 out of 5 stars and ranks #33 out of 63 brokers at ForexBrokers.com, while Alpari holds 3 stars and ranks #58. If you want easy-to-follow commentary and sentiment tools, Moneta Markets has the edge; if you prefer Autochartist’s pattern scanning, Alpari may suit you.
| Feature |
Moneta Markets
|
Alpari
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Moneta Markets and Alpari both offer a solid start for beginner traders looking for education on forex and CFDs, providing a variety of educational materials. However, Moneta Markets stands out with a more comprehensive offering. While both brokers supply at least ten educational pieces like articles and videos, Moneta Markets offers a searchable archive of previously recorded client webinars, which Alpari lacks. This feature can be particularly valuable for learners who prefer hands-on, visual learning experiences.
Both brokers equip beginners with a strong library of videos tailored to trading novices, but Moneta Markets also extends its resources to include advanced educational content, catering to more experienced traders. In addition, both platforms provide an investor dictionary with over 50 investing terms explained, aiding beginners in understanding complex terminology. Rated four stars by ForexBrokers.com, Moneta Markets ranks higher than Alpari, which received a three-star rating, positioning them at #33 and #48, respectively, among 63 brokers in the education category.
| Feature |
Moneta Markets
|
Alpari
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Moneta Markets is better than Alpari. Moneta Markets finished with an overall rank of #35, while Alpari finished with an overall rank of #58.
Moneta Markets is a new brand under parent company Vantage Group, which offers traders the MetaTrader suite of platforms as well as a basic web and mobile app. While it does support a decent range of third-party features, Moneta Markets has lackluster research and educational offerings, and its pricing is average.
| Feature |
Moneta Markets
|
Alpari
|
|---|---|---|
| Overall Rating |
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| Trust Score | 79 | 68 |
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Both Moneta Markets and Alpari do not offer the ability to buy actual delivered cryptocurrency, however, they both provide options to trade cryptocurrency derivatives.
Both Moneta Markets and Alpari lack ACH, SEPA, and PayPal deposit or withdrawal options, but while Alpari supports Skrill transactions and both brokers accept Visa, Mastercard, and bank wires for fund transfers, Moneta Markets does not offer Skrill services.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Moneta Markets | Alpari | |
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| Trust Score | 79 | 68 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
| Broker Screenshots | Moneta Markets | Alpari | |
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| Regulation | Moneta Markets | Alpari | |
|---|---|---|---|
| Trust Score | 79 | 68 | |
| Year Founded | 2009 | 1998 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 0 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Moneta Markets | Alpari | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Moneta Markets | Alpari | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Moneta Markets | Alpari | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1016 | 105 | |
| Forex Pairs (Total) | 45 | 46 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Moneta Markets | Alpari | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.38 | N/A | |
| All-in Cost EUR/USD - Active | 0.79 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Moneta Markets | Alpari | |
|---|---|---|---|
| Minimum Deposit | $50 | $20 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Moneta Markets | Alpari | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Moneta Markets | Alpari | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 4 | 7 | |
| Charting - Indicators / Studies (Total) | 105 | 30 | |
| Charting - Drawing Tools (Total) | 78 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Moneta Markets | Alpari | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Moneta Markets | Alpari | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Moneta Markets | Alpari | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Moneta Markets | Alpari | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Moneta Markets Review |
| Overall | Moneta Markets | Alpari | |
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| Trust Score | 79 | 68 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
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