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 account | 1.38 | N/A |
| All-in Cost EUR/USD - Active | 0.79 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
Moneta Markets and Axi both support forex trading via CFDs or spot contracts (availability can depend on your region). Moneta Markets lists 1,016 tradeable symbols compared with Axi’s 175, delivering a wider overall menu. That said, Axi offers 65 forex pairs versus 45 at Moneta Markets, which may appeal to currency-focused traders. Neither broker lets you buy exchange-traded stocks in the U.S. or internationally. Both support copy trading, and each offers cryptocurrency CFDs but not direct, delivered crypto.
According to ForexBrokers.com’s Range of Investments scores, Moneta Markets earns 4.0 out of 5 stars and ranks 36th out of 63 brokers, while Axi scores 3.5 stars and ranks 57th. In short, choose Moneta Markets if you want more instruments across markets, and pick Axi if a larger list of forex pairs is your top priority.
| Feature |
Moneta Markets
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1016 | 175 |
| Forex Pairs (Total) | 45 | 65 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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 make it easy to get started with a free demo account and offer popular third‑party platforms rather than their own in‑house software. Each broker provides a Windows desktop platform and a web-based platform, supports MetaTrader 4 (MT4), enables copy trading, and lets you place trades directly from charts. The key platform difference is MetaTrader 5 (MT5): Moneta Markets supports MT5, while Axi does not.
In independent reviews of trading platforms and tools, Moneta Markets earns 4 out of 5 stars and ranks #34 out of 63 brokers at ForexBrokers.com. Axi scores 3.5 out of 5 stars and is ranked #64. If you want MT5 alongside MT4, Moneta Markets is the better fit; if MT4 is all you need, both brokers cover the essentials for web and desktop trading with copy trading and chart trading available.
| Feature |
Moneta Markets
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 105 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Moneta Markets and Axi both offer iPhone and Android trading apps with price alerts, 30 technical studies for charting, and the ability to draw trendlines. These core features make either app suitable for traders who want on-the-go analysis and notifications for forex or stock markets.
The differences show up in convenience features and ratings. Moneta Markets syncs watchlists between the mobile app and your online account, while Axi does not. Moneta Markets also auto-saves chart drawings; Axi’s app does not. Reflecting these perks, Moneta Markets earns 4 stars and ranks #36 out of 63 brokers for Mobile Trading Apps on ForexBrokers.com, whereas Axi is rated 3.5 stars and ranks #60.
| Feature |
Moneta Markets
|
Axi
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
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 (Articles) | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | |
| Acuity Trading | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Moneta Markets and Axi both cater to beginners with sizable video libraries that cover trading basics. Axi adds ongoing, live learning with at least one educational webinar each month, while Moneta Markets does not host regular client webinars. If you expect to grow into more advanced material, Moneta Markets stands out by offering 10+ advanced videos for experienced traders; Axi’s video content for advanced topics is more limited.
For education, Moneta Markets is rated 4 out of 5 stars, while Axi is rated 3 out of 5. Yet in ForexBrokers.com’s Education category across 63 brokers, Axi ranks #27 and Moneta Markets ranks #33. In short, webinar-focused beginners may lean toward Axi, whereas self-paced learners who want a deeper advanced video library may favor Moneta Markets.
| Feature |
Moneta Markets
|
Axi
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
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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Moneta Markets vs Axi: neither broker offers the ability to buy actual (delivered) cryptocurrency, but both provide cryptocurrency CFD trading, making them suitable for traders seeking crypto CFDs rather than real coins.
Moneta Markets vs Axi: both online brokers do not support ACH or SEPA transfers for deposits or withdrawals, and the availability of PayPal, Skrill, Visa/Mastercard, and bank wire funding options is not provided.
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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| Broker Gallery (click to expand) |
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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, FSRA, or SCA 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. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 account | 1.38 | N/A | |
| All-in Cost EUR/USD - Active | 0.79 | N/A | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Moneta Markets | Axi | |
|---|---|---|---|
| Minimum Deposit | $50 | $0 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | No | No |
| Trading Platforms | Moneta Markets | Axi | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | Moneta Markets | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 105 | 30 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | No |
| Research | Moneta Markets | Axi | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | ||
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Moneta Markets | Axi | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Moneta Markets | Axi | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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