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.
BlackBull Markets, founded in 2014, and Moneta Markets, established in 2009, are both reliable options for online trading. Neither of these brokers is publicly traded or operates as a bank. In terms of regulatory oversight, BlackBull Markets holds one Tier-1 license, which indicates a high level of trust. Moneta Markets also holds one Tier-1 license and goes a step further with an additional Tier-2 license, marking it as trusted in the eyes of regulators.
When comparing their Trust Scores as rated by ForexBrokers.com, BlackBull Markets scores a 78, placing it in the average risk category, while Moneta Markets edges slightly higher with a score of 79. These scores underscore their credibility as trading platforms, with Moneta Markets having a marginally higher rating. Both brokers offer good regulatory standing, but Moneta Markets provides a slightly more trusted environment for traders, given its additional Tier-2 license.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Here’s a quick commissions-and-fees comparison of BlackBull Markets and Moneta Markets. Both earn 4.5/5 stars, with Moneta ranked #17 of 63 brokers for Commissions and Fees and BlackBull ranked #19 of 63. Each broker uses tiered accounts that trade off spreads versus commissions, so your total cost depends on the plan and your deposit.
For low spreads with a commission, BlackBull’s Prime account posted an average EUR/USD spread of 0.16 in March 2024, with a $3-per-side ($6 round-turn) commission per standard lot, for an all-in cost of about 0.76 pips. Moneta’s Prime ECN averaged 0.194 pips in August 2023 with the same $6 round-turn commission, producing an all-in cost near 0.79 pips. In short, BlackBull Prime came in a touch lower on EUR/USD, while Moneta’s Prime ECN was slightly below the industry average overall.
If you prefer commission-free pricing, both brokers offer it with higher spreads: BlackBull’s Standard account (no stated minimum) and Moneta’s Direct STP, which averaged 1.38 pips on EUR/USD in August 2023. For high deposits, BlackBull’s ECN Institutional (from $20,000) cuts commission to $4 round-turn, whereas Moneta’s Ultra ECN (also $20,000 minimum) advertises tighter spreads and a lower $2 round-turn commission. Taken together, each broker is competitively priced, but your best value will hinge on deposit size and whether you favor spread-only or commission-based pricing.
| 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.
When comparing the range of investments, BlackBull Markets offers far more choice than Moneta Markets. BlackBull lists about 26,000 tradeable symbols and 72 forex pairs, while Moneta Markets has 1,016 symbols and 45 forex pairs. Both brokers let you trade forex either as CFDs or as spot contracts, but BlackBull’s catalog is much wider.
Access to shares also differs: BlackBull Markets lets clients buy exchange-traded securities on both U.S. and international exchanges (so you can purchase stocks like Apple or Vodafone directly), whereas Moneta Markets does not offer direct share dealing. Both brokers support copy trading and allow cryptocurrency trading through derivatives, but neither enables buying actual crypto. According to ForexBrokers.com, BlackBull Markets is rated 5 stars and ranks #6 out of 63 for Range of Investments, while Moneta Markets is rated 4 stars and ranks #36.
| 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.
Comparing BlackBull Markets and Moneta Markets for trading platforms and tools: both brokers offer free demo (paper) accounts, Windows desktop and web platforms, and rely on third-party software rather than proprietary systems. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), enables trading directly from charts, and includes copy trading features.
The key differences come down to extras. BlackBull Markets integrates with ZuluTrade (but not DupliTrade), while Moneta Markets supports DupliTrade (but not ZuluTrade). For charting, BlackBull provides 60 drawing tools versus 78 at Moneta; indicator counts aren’t specified. Watchlists are a bit deeper at BlackBull with 6 columns, compared with 4 at Moneta. Both earn 4 out of 5 stars for Trading Platforms and Tools from ForexBrokers.com, with BlackBull ranked #31 of 63 brokers and Moneta ranked #34. Choose Moneta if you want more drawing tools, or BlackBull if you prefer ZuluTrade and more watchlist fields.
| 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 deliver capable mobile trading apps for iPhone and Android. Each app supports price alerts, real-time watchlists that sync with your online account, and 30 built-in technical studies for charting. You can draw trendlines, switch among intraday, daily, and weekly time frames, and your drawings auto-save—handy for tracking stocks or forex across sessions.
Independent ratings place the two side by side: both score 4 out of 5 stars for Mobile Trading Apps. BlackBull Markets holds a slight edge in the ForexBrokers.com rankings at #33 of 63 brokers, while Moneta Markets sits at #36. With feature lists so similar, the better pick may come down to which interface you prefer and other factors like pricing, market availability, and support.
| 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.
BlackBull Markets and Moneta Markets both cover the basics for market research with daily market commentary, a trader sentiment tool showing long/short ratios, and a global economic calendar. The key differences are in third‑party tools and news: BlackBull Markets integrates Autochartist for scanning charts and spotting trade setups, but it does not include premium forex news from sources like Bloomberg or Reuters and does not offer Trading Central. Moneta Markets flips that mix, delivering top‑tier forex news and Trading Central analytics, but it does not provide Autochartist. Neither broker features TipRanks or Acuity Trading tools.
Both brokers earn a 4 out of 5 research rating from ForexBrokers.com, with BlackBull Markets ranked #18 out of 63 brokers and Moneta Markets ranked #33. Choose BlackBull Markets if you want automated chart pattern and idea generation via Autochartist; pick Moneta Markets if live headlines and Trading Central insights matter more. Either way, you’ll get everyday commentary, sentiment data, and a handy economic calendar.
| 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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|---|---|---|
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| Trust Score | 78 | 79 |
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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 | 79 | |
| Winner | check_circle | ||
| 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 | 79 | |
| 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 | 1 | |
| 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| 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) | |||
| 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) |
| 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 | 79 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Moneta Markets Review |
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