Written by ForexBrokers.com
In this head to head comparison of Moneta Markets vs Axi, 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.
When comparing Moneta Markets and Axi, two well-known online brokers, several key differences come to light regarding their trust and regulatory standings. Established in 2009, Moneta Markets is privately held and not listed on any stock exchange, similar to Axi, which was founded in 2007. Neither broker operates as a bank, focusing purely on providing brokerage services. For clients prioritizing trust, it's crucial to note that Moneta Markets holds one Tier-1 license and one Tier-2 license, earning a Trust Score of 79 from ForexBrokers.com, indicating an average risk. In contrast, Axi holds two Tier-1 licenses and one Tier-2 license, which contributes to its slightly higher Trust Score of 82, rendering it a trusted option among brokers.
The security of client funds and adherence to regulations are essential when selecting a brokerage service. Both Moneta Markets and Axi assure compliance with regulations, but Axi appears to have an edge with its greater number of highly trusted Tier-1 licenses. This superior regulatory coverage might offer Axi clients a heightened sense of security. Both companies offer extensive trading services and tools, making them solid choices for different types of investors. However, those prioritizing regulatory assurance might gravitate toward Axi given its Trust Score and licensing structure.
| Feature |
Moneta Markets
|
Axi
|
|---|---|---|
| Year Founded | 2009 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 2 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Moneta Markets vs Axi for commissions and fees: Moneta Markets earns 4.5/5 stars and ranks #17 of 63, while Axi earns 4/5 stars and ranks #44 of 63. If low spreads and clear pricing matter to you, Moneta Markets publishes detailed account costs, whereas Axi does not provide average spread data, which makes direct price comparisons harder.
Moneta Markets offers three account types: the commission-free Direct STP and two commission-based options, Prime ECN and Ultra ECN. Direct STP averaged a 1.38-pip spread on EUR/USD in August 2023. Prime ECN averaged 0.194 pips on EUR/USD in August 2023 with a $3-per-side commission per 100,000 units ($6 round-trip), putting the estimated all-in cost near 0.79 pips. Ultra ECN cuts commission to $2 round-trip ($1 per side) for deposits of $20,000 or more and is better than the industry average, though that higher minimum is a hurdle. Overall, Moneta’s pricing remains competitive but not yet among the very lowest-cost forex brokers.
Axi does not publish average spread data, so its exact all-in trading costs across pairs like EUR/USD are difficult to benchmark. With a 4/5 star Commissions and Fees rating and a #44 of 63 ranking, Axi trails Moneta Markets on this metric; traders focused on transparent, low-cost pricing may find Moneta’s published ECN and STP options easier to assess.
| Feature |
Moneta Markets
|
Axi
|
|---|---|---|
| Minimum Deposit | $50 | $0 |
| 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 Axi both let you trade forex via CFDs/spot contracts and both offer copy trading. Neither broker offers direct ownership of U.S. or international shares, and neither provides delivered cryptocurrency; however, each supports cryptocurrency derivatives.
When it comes to breadth, Moneta Markets lists 1,016 tradeable symbols compared with Axi’s 175, while Axi offers more forex pairs (65 vs 45). Reflecting this mix, Moneta Markets is rated 4 stars and ranks #36 out of 63 for Range of Investments, whereas Axi earns 3.5 stars and ranks #57. Choose Moneta Markets if you want a wider overall lineup of instruments, or Axi if a larger selection of currency pairs is your priority.
| Feature |
Moneta Markets
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1016 | 175 |
| Forex Pairs (Total) | 45 | 65 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| 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 Axi both cover the essentials for traders: free demo accounts, web and Windows desktop platforms, MetaTrader 4, copy trading, and the ability to place orders directly from charts. Neither broker has a proprietary platform. A key difference is MetaTrader 5 support—Moneta Markets offers MT5, while Axi does not.
For charting and tools, Moneta Markets provides 78 drawing tools versus Axi’s 15. Axi counters with more watchlist fields (7 vs 4), which can help with screening and monitoring. Copy trading choices also vary: Moneta Markets integrates with DupliTrade, while Axi connects to ZuluTrade. Based on ForexBrokers.com’s scores for Trading Platforms and Tools, Moneta Markets earns 4 stars and Axi earns 3.5 stars, making Moneta a stronger pick if you want MT5 and more drawing tools, while Axi suits traders who prefer ZuluTrade and deeper watchlist customization.
| Feature |
Moneta Markets
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | Yes | No |
| ZuluTrade | No | Yes |
| 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 Axi both check the key boxes for mobile trading: each offers an iPhone app and an Android app, live price alerts, real-time quotes, and customizable watchlists. Charting is similar on both, with 30 technical studies, the ability to draw trendlines, and easy switching among intraday, daily, and weekly time frames.
The differences matter for convenience. Moneta Markets syncs watchlists between mobile and web, while Axi does not, and Moneta Markets auto-saves chart drawings whereas Axi doesn’t. Reflecting this, Moneta Markets is rated 4 stars and ranks #36 out of 63 for Mobile Trading Apps on ForexBrokers.com, compared with Axi’s 3.5-star rating and #60 ranking. If synced watchlists and saved annotations are important to your workflow, Moneta Markets has an edge; if you only need core features, Axi still delivers.
| Feature |
Moneta Markets
|
Axi
|
|---|---|---|
| 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.
For market research, Moneta Markets delivers daily market commentary while Axi does not. Both brokers provide forex news from top-tier sources and include an economic calendar and a sentiment tool showing long/short positioning. If you want Trading Central’s analytics, Moneta Markets has it; if you prefer Autochartist’s pattern recognition, Axi offers that instead.
Moneta Markets does not include Autochartist, TipRanks, or Acuity Trading tools, and Axi’s support for TipRanks or Acuity Trading wasn’t confirmed. Overall, Moneta Markets holds a 4-star Research rating and ranks #33 out of 63 brokers at ForexBrokers.com, compared with Axi’s 3-star rating and #56 ranking—making Moneta Markets the stronger choice for built-in research, while Axi suits traders who value Autochartist.
| Feature |
Moneta Markets
|
Axi
|
|---|---|---|
| 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 | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When exploring the educational resources offered by online brokers Moneta Markets and Axi for beginners, both present a comprehensive set of tools and materials. Moneta Markets provides a wide array of forex and CFDs education including over ten articles, videos, and archived webinars. Beginners can also tap into over ten trading videos specifically designed for new traders, and access an extensive archive of past client webinars to learn at their own pace. They also offer an investor dictionary with over 50 investing terms to help demystify the jargon. Although Moneta Markets does not conduct monthly educational webinars, it provides a solid foundation for newcomers interested in enhancing their trading skills. Its educational offerings earn it a commendable 4-star rating, ranking 33rd among 63 brokers evaluated by ForexBrokers.com.
Axi also incorporates a range of learning resources, featuring over ten educational pieces related to forex and CFDs and more than ten beginner-focused trading videos. Unlike Moneta Markets, Axi holds monthly educational webinars to keep clients engaged and up-to-date. However, it lacks a searchable archive of these sessions, which might be limiting for those who prefer flexible learning schedules. While Axi provides an investor dictionary similar to Moneta Markets, they do not offer an extensive collection of advanced videos aimed at experienced traders. With a 3-star rating for education, Axi is ranked slightly higher at 27th out of the 63 brokers evaluated by ForexBrokers.com, making it a competitive choice for traders starting their educational journey.
| Feature |
Moneta Markets
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| 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 Axi. Moneta Markets finished with an overall rank of #35, while Axi finished with an overall rank of #49.
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
|
Axi
|
|---|---|---|
| Overall Rating |
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| Trust Score | 79 | 82 |
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Both Moneta Markets and Axi do not offer the ability to purchase actual (delivered) cryptocurrency, but they both provide the option to trade cryptocurrency derivatives.
When comparing online brokers Moneta Markets and Axi, neither offers ACH or SEPA transfers or PayPal for deposits or withdrawals, but Axi does support Skrill, and both provide options for Visa, Mastercard, and bank wire transactions.
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 | Axi | |
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| Trust Score | 79 | 82 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
| Broker Screenshots | Moneta Markets | Axi | |
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| Regulation | Moneta Markets | Axi | |
|---|---|---|---|
| Trust Score | 79 | 82 | |
| Year Founded | 2009 | 2007 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 2 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Moneta Markets | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| 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 | Yes | |
| 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 | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Moneta Markets | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1016 | 175 | |
| Forex Pairs (Total) | 45 | 65 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| 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 | Axi | |
|---|---|---|---|
| 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 | Axi | |
|---|---|---|---|
| Minimum Deposit | $50 | $0 | |
| 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 | Axi | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Moneta Markets | Axi | |
|---|---|---|---|
| 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 | Axi | |
|---|---|---|---|
| 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 | No |
| Research | Moneta Markets | Axi | |
|---|---|---|---|
| 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 | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Moneta Markets | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| 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 | Axi | |
|---|---|---|---|
| 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 | Axi | |
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| Trust Score | 79 | 82 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
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