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 account | 0.71 | 1.38 |
| All-in Cost EUR/USD - Active | 0.71 | 0.79 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
BlackBull Markets offers a larger range of investments, with about 26,000 tradeable symbols versus 1,016 at Moneta Markets. For currency traders, BlackBull lists 72 tradeable forex pairs, while Moneta offers 45. BlackBull also provides access to exchange-traded securities on both U.S. and international exchanges (so you can buy shares like Apple or Vodafone), whereas Moneta Markets does not offer exchange-traded shares. Both brokers support forex trading (CFD or spot).
For crypto, neither broker lets you buy actual coins, but both offer cryptocurrency CFDs. Copy trading is available at both. In ForexBrokers.com’s Range of Investments ratings, BlackBull Markets earned 5 stars and ranked #6 of 63 brokers, while Moneta Markets earned 4 stars and ranked #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. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | 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.
BlackBull Markets and Moneta Markets both check the key boxes for traders who want familiar, feature-rich platforms. Each broker offers a free virtual demo account for paper trading, plus Windows desktop and web-based platforms. Neither provides a proprietary platform, but both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), along with copy trading. You can also place orders straight from the chart with either broker.
When it comes to third-party reviews, both earn 4 out of 5 stars for Trading Platforms and Tools. BlackBull Markets holds a slight edge in category ranking from ForexBrokers.com, coming in at #31 out of 63 brokers, while Moneta Markets is close behind at #34 out of 63. If you’re choosing between them, the decision may come down to personal preferences inside MT4 or MT5 and the specific tools you value most.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| 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 | Yes |
| Charting - Indicators / Studies (Total) | 109 | 105 |
| Charting - Trade From Chart | Yes | Yes |
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, synced watchlists across mobile and web, and solid charting with 30 technical studies. You can draw trendlines and your drawings auto-save, making it easy to pick up where you left off. For core features, the two apps are closely matched and cover what most traders need for forex and CFD trading on the go.
In independent ratings, both apps earn 4 out of 5 stars. According to ForexBrokers.com, BlackBull Markets ranks #33 out of 63 brokers for Mobile Trading Apps, while Moneta Markets ranks #36. That slight edge may matter if rankings influence your choice, but given the similar feature set, your decision may come down to interface preference and the broader platform ecosystem you plan to use.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | 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 (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing education for beginners, both BlackBull Markets and Moneta Markets offer at least 10 beginner video lessons and at least 10 advanced videos that cover forex and CFD trading topics. The key difference is live learning: BlackBull runs client webinars at least once a month, while Moneta does not. If you value the chance to ask questions in real time and see concepts demonstrated, BlackBull’s webinars can add helpful structure. If you prefer self-paced video learning, both brokers provide plenty of on-demand content.
Independent ratings from ForexBrokers.com show both earn 4 out of 5 stars for education. In the Education category, BlackBull ranks #29 out of 63 brokers, while Moneta ranks #33. For beginners who want live webinars alongside a strong video library, BlackBull has the edge; for on-demand videos alone, Moneta offers similar depth.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | 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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Comparing online brokers BlackBull Markets vs Moneta Markets: both enable cryptocurrency CFD trading, but neither allows you to buy and take delivery of actual cryptocurrencies.
Comparing online brokers BlackBull Markets and Moneta Markets for deposit and withdrawal options: BlackBull Markets does not support ACH or SEPA transfers or PayPal but does offer Skrill and bank wire transfers (Visa/Mastercard availability not specified), while Moneta Markets likewise does not support ACH or SEPA transfers and its availability for PayPal, Skrill, Visa/Mastercard, and bank wires is not specified.
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, FSRA, or SCA 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. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | 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 | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.71 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.71 | 0.79 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| 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 | Yes | |
| cTrader | Yes | No |
| Trading Tools | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 109 | 105 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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