Is AvaTrade better than Moneta Markets? After testing 27 of the best forex brokers over five months, AvaTrade is better than Moneta Markets. AvaTrade is a trusted global brand best known for offering traders an extensive selection of trading platform options. Our testing found AvaTrade to be great for copy trading, competitive for mobile, mostly in line with the industry average for pricing and research, and a winner for investor education.
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AvaTrade vs Moneta Markets 2021
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating
| Feature | AvaTrade | Moneta Markets |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 93 | 79 |
| AvaTrade Review | Moneta Markets Review | |
| Winner | check_circle | |
| 73% of retail CFD accounts lose money |
Regulation
| Feature | AvaTrade | Moneta Markets |
| Trust Score | 93 | 79 |
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Year Founded |
2006 | 2009 |
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Publicly Traded (Listed) |
No | No |
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Bank |
No | No |
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Tier-1 Licenses |
3 | 2 |
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Tier-2 Licenses |
4 | 0 |
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Tier-3 Licenses |
1 | 1 |
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Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses (High Trust)
| Feature | AvaTrade | Moneta Markets |
|
ASIC Authorised (Australia) |
Yes | Yes |
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IIROC Authorised (Canada) |
Yes | No |
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SFC Authorised (Hong Kong) |
No | No |
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FSA Authorised (Japan) |
Yes | No |
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MAS Authorised (Singapore) |
No | No |
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FINMA Authorised (Switzerland) |
No | No |
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FCA Authorised (UK) |
No | Yes |
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CFTC Registered (USA) |
No | No |
Investments
| Feature | AvaTrade | Moneta Markets |
|
Forex Trading |
Yes | Yes |
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CFDs (Total) |
722 | 304 |
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Forex Pairs (Total) |
55 | 49 |
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Cryptocurrency (Physical) |
No | No |
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Cryptocurrency (CFD) |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
Cost
| Feature | AvaTrade | Moneta Markets |
|
Average Spread EUR/USD - Standard |
0.91 (August 2020) | 1.3 (July 2020) |
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All-in Cost EUR/USD - Active |
0.61 (August 2020) | 1.3 (July 2020) |
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Active Trader or VIP Discounts |
Yes | No |
Funding
| Feature | AvaTrade | Moneta Markets |
|
Minimum Initial Deposit |
$100.00 | $200.00 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | Yes |
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PayPal (Deposit/Withdraw) |
Yes | Yes |
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Skrill (Deposit/Withdraw) |
Yes | Yes |
Trading Platforms
| Feature | AvaTrade | Moneta Markets |
|
Proprietary Platform |
Yes | No |
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Desktop Platform (Windows) |
Yes | No |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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MetaTrader 4 (MT4) |
Yes | No |
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MetaTrader 5 (MT5) |
Yes | No |
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cTrader |
No | No |
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DupliTrade |
Yes | Yes |
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ZuluTrade |
Yes | No |
Trading Tools
| Feature | AvaTrade | Moneta Markets |
|
Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | No |
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Watchlists - Total Fields |
6 | 3 |
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Charting - Indicators / Studies (Total) |
90 | 48 |
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Charting - Drawing Tools (Total) |
0 | 10 |
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Charting - Trade From Chart |
Yes | No |
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Charting - Drawings Autosave |
Yes | No |
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Order Type - Trailing Stop |
Yes | No |
Mobile Trading
| Feature | AvaTrade | Moneta Markets |
|
Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Alerts - Basic Fields |
No | No |
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Watch List |
No | Yes |
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Watch List Syncing |
No | No |
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Charting - Indicators / Studies |
93 | 0 |
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Charting - Draw Trendlines |
No | No |
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Charting - Trendlines Moveable |
Yes | No |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
No | No |
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Forex Calendar |
No | No |
Research
| Feature | AvaTrade | Moneta Markets |
|
Daily Market Commentary |
Yes | Yes |
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Forex News (Top-Tier Sources) |
Yes | Yes |
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Weekly Webinars |
No | No |
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AutoChartist |
No | No |
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Trading Central (Recognia) |
Yes | Yes |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
Yes | Yes |
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Economic Calendar |
Yes | Yes |
Education
| Feature | AvaTrade | Moneta Markets |
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Has Education - Forex |
Yes | No |
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Has Education - CFDs |
No | No |
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Client Webinars |
Yes | No |
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Client Webinars (Archived) |
Yes | No |
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Videos - Beginner Trading Videos |
Yes | Yes |
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Videos - Advanced Trading Videos |
Yes | Yes |
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Investor Dictionary (Glossary) |
Yes | No |
Major Forex Pairs
| Feature | AvaTrade | Moneta Markets |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | AvaTrade | Moneta Markets |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 93 | 79 |
| AvaTrade Review | Moneta Markets Review |
Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare AvaTrade vs Moneta Markets.
Does AvaTrade or Moneta Markets offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, AvaTrade offers better pricing overall for traders.
Is AvaTrade or Moneta Markets safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. AvaTrade holds 3 global Tier-1 licenses, while Moneta Markets holds 2. AvaTrade holds 4 global Tier-2 licenses, while Moneta Markets holds 0. All regulators considered, AvaTrade has a Trust Score of 93.00, while Moneta Markets's Trust Score is 79.00.
Which trading platform is better: AvaTrade or Moneta Markets?
To compare the trading platforms of both AvaTrade and Moneta Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, AvaTrade offers a better experience. With research, AvaTrade offers superior market research. Finally, we found AvaTrade to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. AvaTrade and Moneta Markets both offer copy trading. AvaTrade offers MetaTrader 4 (MT4), while Moneta Markets does not.
How many forex pairs and CFDs are available to trade?
AvaTrade provides traders 55 currency pairs (e.g., EUR/USD) compared to Moneta Markets's 49 available pairs. Forex pairs aside, AvaTrade offers traders access to 722 CFDs while Moneta Markets has 304 available CFDs, a difference of 418.
Overall winner: AvaTrade
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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
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