Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs Moneta Markets, 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.
Founded in 2014, BlackBull Markets offers a solid foundation for online trading with its operations being privately held. Notably, BlackBull Markets is not a bank, but it does hold one Tier-1 license, which indicates a high level of trust as per ForexBrokers.com standards. Its ForexBrokers.com Trust Score is 78, placing it in the average risk category. This level of licensing and trust highlights its commitment to regulatory adherence and client security.
In contrast, Moneta Markets began its journey in 2009 and, like BlackBull Markets, is privately owned and not a bank. Moneta Markets does differ in its regulatory profile, holding one Tier-2 license, which is considered trusted. It has a slightly lower Trust Score of 71, also categorizing it at average risk according to ForexBrokers.com. While both platforms may suit different trader preferences, their licensing and trust scores provide a useful guide for assessing their regulatory standards.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees between BlackBull Markets and Moneta Markets, both brokers offer unique advantages depending on the type of trading account you choose. BlackBull Markets provides three account types: the Standard account, Prime account, and ECN Institutional account. The Standard account is commission-free but features higher spreads, whereas the Prime account offers a lower average spread of 0.16 pips on the EUR/USD pair with an all-inclusive cost of 0.76 pips after factoring in a $6 commission per 10,000 traded. For active traders willing to commit to a $20,000 deposit, the ECN Institutional account offers an even lower commission rate. BlackBull Markets has earned a commission and fees rating of 4.5 stars, ranking #18 out of 63 brokers on ForexBrokers.com.
Moneta Markets also provides several account types with varying costs. The commission-free Direct STP account incurs higher spreads, averaging 1.38 pips for the EUR/USD pair. On the other hand, the Prime ECN account offers an average spread of 0.194 pips combined with a $6 commission per round-trip standard lot, resulting in an overall cost of 0.79 pips, which is competitive within the industry. For those ready to invest $20,000, the Ultra ECN account features industry-better spreads with a $2 commission per round-trip. Moneta Markets shares the same 4.5-star rating for commissions and fees but ranks slightly higher at #16 out of 63 brokers according to ForexBrokers.com.
Both BlackBull Markets and Moneta Markets offer competitive pricing structures that cater to different trading needs. BlackBull Markets might attract traders interested in lower spreads through its Prime account or those with higher trading volume expectations for even reduced commission rates in the ECN Institutional account. Meanwhile, Moneta Markets appeals to traders seeking lower commission costs within higher deposit tiers like the Ultra ECN account, with its notable all-in trading cost arrangements. Understanding these factors will help you choose the broker that best meets your trading strategy and budget.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average Spread EUR/USD - Standard | 0.71 | 1.38 |
| All-in Cost EUR/USD - Active | 0.71 | 0.79 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BlackBull Markets stands out with an impressive range of investments, offering clients the ability to trade 26,000 symbols and 72 forex pairs. Notably, it provides access to exchange-traded securities on both U.S. and international exchanges, allowing investors the opportunity to buy real stocks like Apple and Vodafone. Alongside forex trading as CFDs or spot contracts and cryptocurrency derivatives, BlackBull Markets also supports copy trading, earning it a top-tier rating of 5 stars for range of investments and a commendable 6th place ranking out of 63 brokers by ForexBrokers.com.
Moneta Markets offers a solid selection with 1,016 tradeable symbols and 45 forex pairs, catering to clients looking to engage in forex trading as CFDs or spot contracts. While the platform does provide cryptocurrency derivatives and supports copy trading, it does not support trading of actual exchange-traded securities, limiting access to stocks like Apple and Vodafone. It holds a rating of 4 stars for range of investments and ranks 35th among 63 brokers, presenting itself as a reliable option, although with a narrower investment scope compared to BlackBull Markets.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 1016 |
| Forex Pairs (Total) | 72 | 45 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
When comparing the trading platforms and tools of BlackBull Markets and Moneta Markets, both brokers provide extensive support for traders, offering virtual demo accounts to help users practice trading without risk. Neither offers a proprietary platform, but they both support popular platforms like MetaTrader 4 and MetaTrader 5, as well as a Windows-based desktop application and a web-based trading platform. Copy trading is available with both brokers, with BlackBull Markets using ZuluTrade and Moneta Markets opting for DupliTrade. However, when it comes to technical analysis tools, Moneta Markets offers 78 drawing tools compared to BlackBull Markets' 60, though both allow trades to be executed directly from stock charts.
In terms of customization and visibility, BlackBull Markets edges ahead with six watch list columns compared to Moneta Markets' four. Both brokers are rated four stars out of five for their trading platforms and tools, reflecting similar levels of overall satisfaction. Despite this, BlackBull Markets ranks slightly higher on ForexBrokers.com at #29, whereas Moneta Markets sits at #33 out of 63 brokers. This suggests small variances in user preference and features might influence traders' platform choices. Each offers unique benefits, so prospective traders should consider which specific tools and features align with their individual trading styles and needs.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| 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 | Yes |
| DupliTrade | No | Yes |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 109 | 105 |
| Charting - Drawing Tools (Total) | 60 | 78 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
BlackBull Markets and Moneta Markets both offer mobile trading apps for iPhone and Android, which makes managing your investments on the go highly convenient. Each app provides key features like stock and forex price alerts, synchronization of watchlist symbols across devices, and the ability to draw trendlines on charts. Both platforms also allow viewing multiple time frames on charts and include an auto-save feature for drawings, enhancing the user experience. With the capacity to create watchlists with real-time quotes, they ensure traders can stay updated with market movements in real time.
When it comes to advanced charting tools, both BlackBull Markets and Moneta Markets include 30 technical studies within their mobile apps. Each app has been rated 4 out of 5 stars for their performance, indicating satisfactory consumer preference and functionality. In terms of their rankings out of 63 brokers on ForexBrokers.com, BlackBull Markets holds a slightly higher position at #31 compared to Moneta Markets at #35. Whether you choose BlackBull Markets or Moneta Markets, both offer solid options for those looking to engage in mobile trading with ease and reliability.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing the market research offerings of BlackBull Markets and Moneta Markets, both brokers provide daily market commentary and boast an economic calendar that highlights current and upcoming global news events. However, Moneta Markets leverages top-tier forex news sources like Bloomberg and Reuters, broadening its scope for news coverage. Meanwhile, BlackBull Markets shines with its partnership with Autochartist, offering robust technical analysis tools that Moneta Markets lacks. Both brokers also provide sentiment-based trading tools, helping traders to gauge market positions across various instruments.
Despite some differences in their research features, both BlackBull Markets and Moneta Markets have received a four-star research rating, demonstrating their commitment to delivering quality market insights. However, BlackBull Markets is ranked #18 in the Research category by ForexBrokers.com, standing out significantly against Moneta Markets, which is positioned at #32 out of 63 brokers. This ranking indicates that BlackBull Markets may have a more comprehensive research offering overall, despite Moneta Markets' use of renowned news sources. Both brokers do not offer insights from TipRanks or Acuity Trading, maintaining parity in this aspect.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners stepping into the world of trading, both BlackBull Markets and Moneta Markets offer an array of educational resources to help get started. You’ll find that both brokers provide over ten educational pieces, including articles, videos, and archived webinars focused on forex and CFDs. They also offer more than ten instructional videos targeted specifically at beginners, as well as advanced trading videos for more experienced traders. Both firms boast an investor dictionary with over 50 investing terms, making it easier for newcomers to understand technical jargon.
However, when it comes to live educational webinars, BlackBull Markets goes a step further by holding at least one online session each month, something Moneta Markets does not. Despite this, both platforms maintain searchable archives of past webinars for clients who prefer learning at their own pace. In ratings, BlackBull Markets and Moneta Markets both receive four stars for their educational offerings. According to ForexBrokers.com, BlackBull Markets ranks 29th out of 63 brokers in the Education category, while Moneta Markets follows closely at 33rd. This comparison highlights that while both brokers are well-equipped for educational purposes, BlackBull Markets provides a slight edge with its live webinar offerings.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| 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 BlackBull Markets is better than Moneta Markets. BlackBull Markets finished with an overall rank of #24, while Moneta Markets finished with an overall rank of #35.
BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.
| Feature |
BlackBull Markets
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Moneta Markets
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|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 71 |
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Both BlackBull Markets and Moneta Markets do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide the option to trade cryptocurrency derivatives.
When comparing online brokers BlackBull Markets and Moneta Markets, it's noteworthy that both do not support ACH or SEPA transfers, nor do they offer PayPal as a funding option; however, BlackBull Markets provides the flexibility of using Skrill for transactions, which Moneta Markets does not, while both platforms accommodate deposits and withdrawals through Visa, Mastercard, and bank wire transfers.
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 | BlackBull Markets | Moneta Markets | |
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| Trust Score | 78 | 71 | |
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| Review | BlackBull Markets Review | Moneta Markets Review |
| Broker Screenshots | BlackBull Markets | Moneta Markets | |
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| Regulation | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Trust Score | 78 | 71 | |
| Year Founded | 2014 | 2009 | |
| 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 | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 1016 | |
| Forex Pairs (Total) | 72 | 45 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.71 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.71 | 0.79 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| 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 | Yes | |
| cTrader | Yes | No | |
| DupliTrade | No | Yes | |
| ZuluTrade | Yes | No |
| Trading Tools | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 4 | |
| Charting - Indicators / Studies (Total) | 109 | 105 | |
| Charting - Drawing Tools (Total) | 60 | 78 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| 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 | BlackBull Markets Review | Moneta Markets Review |
| Overall | BlackBull Markets | Moneta Markets | |
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| Trust Score | 78 | 71 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Moneta Markets Review |
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