Is City Index better than Moneta Markets? In our analysis of 23 international regulators across 50 brokers, City Index is considered low-risk, with an overall Trust Score of 93 out of 99. Moneta Markets is considered average-risk, with an overall Trust Score of 79 out of 99. Learn more about Trust Score.
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City Index vs Moneta Markets 2021
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
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Overall Rating
| Feature | City Index | Moneta Markets |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 79 |
| City Index Review | Moneta Markets Review | |
| 70% of retail CFD accounts lose money |
Regulation
| Feature | City Index | Moneta Markets |
| Trust Score | 99 | 79 |
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Year Founded |
1983 | 2009 |
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Publicly Traded (Listed) |
Yes | No |
|
Bank |
No | No |
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Tier-1 Licenses |
3 | 2 |
|
Tier-2 Licenses |
1 | 0 |
|
Tier-3 Licenses |
1 | 1 |
|
Authorised in the European Union |
Yes | Yes |
Tier-1 Licenses (High Trust)
| Feature | City Index | Moneta Markets |
|
ASIC Authorised (Australia) |
Yes | Yes |
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IIROC Authorised (Canada) |
No | No |
|
SFC Authorised (Hong Kong) |
No | No |
|
FSA Authorised (Japan) |
No | No |
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MAS Authorised (Singapore) |
Yes | No |
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FINMA Authorised (Switzerland) |
No | No |
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FCA Authorised (UK) |
Yes | Yes |
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CFTC Registered (USA) |
No | No |
Tier-2 Licenses (Average Trust)
| Feature | City Index | Moneta Markets |
|
CBRC Authorised (China) |
No | No |
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CySEC Authorised (Cyprus) |
Yes | No |
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CBI Authorised (Ireland) |
No | No |
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ISA Authorised (Israel) |
No | No |
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FMA Authorised (New Zealand) |
No | No |
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CBR Authorised (Russia) |
No | No |
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FSCA Authorised (South Africa) |
No | No |
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SEC Authorised (Thailand) |
No | No |
Tier-3 Licenses (Low Trust)
| Feature | City Index | Moneta Markets |
| SCB Authorised (Bahamas) | No | No |
| IFSC Authorised (Belize) | No | No |
| BMA Authorised (Bermuda) | No | No |
|
FSC Authorised (British Virgin Islands) |
No | No |
|
FSC Authorised (Mauritius) |
No | No |
Investments
| Feature | City Index | Moneta Markets |
|
Forex Trading |
Yes | Yes |
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CFD Trading |
Yes | Yes |
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Tradeable Symbols (Total) |
4500 | 266 |
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Forex Pairs (Total) |
65 | 45 |
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US Stock Trading (Non CFD) |
No | No |
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Int'l Stock Trading (Non CFD) |
No | No |
|
Cryptocurrency (Physical) |
No | No |
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Cryptocurrency (CFD) |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
Cost
| Feature | City Index | Moneta Markets |
|
Average Spread EUR/USD - Standard |
1.1 (Aug 2020) | 1.36 (August 2021) |
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All-in Cost EUR/USD - Active |
1.1 (Aug 2020) | 0.86 (August 2021) |
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Active Trader or VIP Discounts |
Yes | No |
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Execution: Agency Broker |
No | No |
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Execution: Market Maker |
Yes | Yes |
Funding
| Feature | City Index | Moneta Markets |
|
Minimum Deposit |
£50.00 | $50.00 |
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Bank Wire (Deposit/Withdraw) |
Yes | Yes |
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Visa/Mastercard (Credit/Debit) |
Yes | Yes |
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PayPal (Deposit/Withdraw) |
Yes | No |
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Skrill (Deposit/Withdraw) |
No | No |
Trading Platforms
| Feature | City Index | Moneta Markets |
|
Proprietary Platform |
Yes | No |
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Desktop Platform (Windows) |
Yes | Yes |
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Web Platform |
Yes | Yes |
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Social Trading / Copy-Trading |
Yes | Yes |
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MetaTrader 4 (MT4) |
Yes | Yes |
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MetaTrader 5 (MT5) |
No | Yes |
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cTrader |
No | No |
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DupliTrade |
No | Yes |
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ZuluTrade |
No | No |
Trading Tools
| Feature | City Index | Moneta Markets |
|
Virtual Trading (Demo) |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
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Watchlists - Total Fields |
18 | 4 |
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Charting - Indicators / Studies (Total) |
139 | 48 |
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Charting - Drawing Tools (Total) |
25 | 10 |
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Charting - Trade From Chart |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | No |
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Order Type - Trailing Stop |
Yes | No |
Mobile Trading
| Feature | City Index | Moneta Markets |
|
Android App |
Yes | Yes |
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Apple iOS App |
Yes | Yes |
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Alerts - Basic Fields |
Yes | Yes |
|
Watch List |
Yes | Yes |
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Watch List Syncing |
Yes | No |
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Charting - Indicators / Studies |
88 | MetaTrader (Default) |
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Charting - Draw Trendlines |
Yes | Yes |
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Charting - Trendlines Moveable |
No | No |
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Charting - Multiple Time Frames |
Yes | Yes |
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Charting - Drawings Autosave |
Yes | Yes |
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Forex Calendar |
Yes | Yes |
Research
| Feature | City Index | Moneta Markets |
|
Daily Market Commentary |
Yes | Yes |
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Forex News (Top-Tier Sources) |
Yes | Yes |
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Weekly Webinars |
No | No |
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Autochartist |
No | No |
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Trading Central (Recognia) |
Yes | Yes |
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Delkos Research |
No | No |
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Social Sentiment - Currency Pairs |
Yes | Yes |
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Economic Calendar |
Yes | Yes |
Education
| Feature | City Index | Moneta Markets |
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Has Education - Forex or CFDs |
Yes | No |
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Client Webinars |
Yes | No |
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Client Webinars (Archived) |
Yes | No |
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Videos - Beginner Trading Videos |
Yes | Yes |
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Videos - Advanced Trading Videos |
Yes | Yes |
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Investor Dictionary (Glossary) |
Yes | No |
Major Forex Pairs
| Feature | City Index | Moneta Markets |
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GBP/USD |
Yes | Yes |
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USD/JPY |
Yes | Yes |
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EUR/USD |
Yes | Yes |
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USD/CHF |
Yes | Yes |
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USD/CAD |
Yes | Yes |
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NZD/USD |
Yes | Yes |
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AUD/USD |
Yes | Yes |
Overall
| Feature | City Index | Moneta Markets |
| Overall | ||
| Commissions & Fees | ||
| Offering of Investments | ||
| Platforms & Tools | ||
| Mobile Trading | ||
| Research | ||
| Education | ||
| Trust Score | 99 | 79 |
| City Index Review | Moneta Markets Review |
Comparing forex brokers side by side is no easy task. For our 2021 annual forex broker review, we spent hundreds of hours assessing 27 forex and CFD brokerages to find the best forex broker. Let's compare City Index vs Moneta Markets.
Does City Index or Moneta Markets offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, City Index offers better pricing overall for traders.
Is City Index or Moneta Markets safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 20 international regulator databases. Here's our findings. City Index holds 3 global Tier-1 licenses, while Moneta Markets holds 2. City Index holds 1 global Tier-2 licenses, while Moneta Markets holds 0. In our analysis of 23 international regulators across 50 brokers, City Index earned a higher Trust Score than Moneta Markets.
Which trading platform is better: City Index or Moneta Markets?
To compare the trading platforms of both City Index and Moneta Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, City Index offers a better experience. With research, City Index offers superior market research. Finally, we found City Index to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. City Index and Moneta Markets both offer copy trading. Both City Index and Moneta Markets offer MetaTrader 4 (MT4).
How many forex pairs and CFDs are available to trade?
City Index provides traders 65 currency pairs (e.g., EUR/USD) compared to Moneta Markets's 45 available pairs. Forex pairs aside, City Index offers traders access to 4500 CFDs while Moneta Markets has 266 available CFDs, a difference of 4,234.
Can I trust City Index?
City Index is publicly traded, does not operate a bank, and is authorised by three tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust). City Index is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC), Monetary Authority of Singapore (MAS), and the Financial Conduct Authority (FCA).
Can I trust Moneta Markets?
Moneta Markets is not publicly traded and does not operate a bank. Moneta Markets is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust). Moneta Markets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Is City Index good?
Backed by GAIN Capital, City Index is a trusted brand that traders choose for its advanced trading platforms, excellent mobile app, diverse market research, education, and extensive range of markets.
Is Moneta Markets good?
As a new standalone brand within Vantage Group, Moneta Markets struggles to compete with the industry average in the core categories that are most important to forex and CFD traders
Overall winner: City Index
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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.
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