Written by ForexBrokers.com
In this head to head comparison of City Index 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.
City Index, established in 1983, is a well-regarded online broker, publicly traded with a high Trust Score of 99, reflecting its strong reputation. This is supported by its seven Tier-1 licenses and one Tier-2 license, indicating a solid level of customer confidence. Despite not being a bank, City Index's licensure and ratings position it as a highly trusted choice for online trading, appealing to both seasoned traders and newcomers alike.
Founded in 2009, Moneta Markets offers online brokerage services but remains private and not listed on a public stock exchange. With a Trust Score of 79, it falls within the average risk category according to ForexBrokers.com. Moneta Markets holds one Tier-1 license and one Tier-2 license, which may attract those who prefer a newer, yet adequately regulated, trading platform. Although not a bank, Moneta Markets' regulatory credentials provide a degree of assurance to potential clients.
| Feature |
City Index
|
Moneta Markets
|
|---|---|---|
| Year Founded | 1983 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
City Index and Moneta Markets both earn 4.5 out of 5 stars for commissions and fees. By ranking, City Index sits at #15 of 63, while Moneta Markets is #17 of 63 (ForexBrokers.com). City Index’s pricing is generally around the industry average, whereas Moneta’s costs depend heavily on which account you choose: a commission-free spread account or lower-spread ECN accounts with added commission and, for the lowest commission, a higher deposit requirement.
City Index typically delivers its best pricing on its own platforms or MetaTrader. Its EUR/USD spread averaged 0.74 pips (July 2023), which is in line with the industry average. Active traders can unlock extras: the Premium Trader account (deposit over £10,000) offers access to exclusive pricing and dedicated support. High-volume rebates are also available, starting at £4 per million in the U.K. (for more than £25M traded monthly) and up to £7.5 per million at the highest tier, with similar tiers in Australia ranging from AUD $4.5 to AUD $14.5 per million.
Moneta Markets offers three paths. The Direct STP account is commission-free but carried a wider 1.38-pip average EUR/USD spread (August 2023). The Prime ECN account averaged a 0.194-pip raw spread plus a $6 round-trip commission per standard lot, putting the all-in cost near 0.79 pips—slightly below the industry average. For bigger deposits, the Ultra ECN account drops the commission to just $2 round-trip ($1 per side) with a $20,000 minimum. Overall pricing is competitive on the ECN tiers, while the spread-only account is simpler but pricier on spreads.
| Feature |
City Index
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | £100.00 | $50 |
| Average spread (EUR/USD) - Standard account | 1.4 | 1.38 |
| All-in Cost EUR/USD - Active | 0.74 | 0.79 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
City Index vs Moneta Markets: For range of investments, City Index offers far more choice with 13,500 tradeable symbols and 66 forex pairs, compared with Moneta Markets’ 1,016 symbols and 45 forex pairs. Both brokers support forex trading via CFDs or spot contracts, and both provide cryptocurrency trading as CFDs (not actual coins). Neither broker lets you buy real, exchange-traded shares on U.S. or international exchanges, and both support copy trading.
Independent ratings favor City Index for product variety: it earns 5 out of 5 stars and ranks #8 out of 63 brokers for Range of Investments, while Moneta Markets scores 4 out of 5 stars and ranks #36. If you want the widest market access, City Index is the stronger pick; if you only need the essentials, Moneta Markets covers the basics.
| Feature |
City Index
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 13500 | 1016 |
| Forex Pairs (Total) | 66 | 45 |
| 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.
City Index vs Moneta Markets: both brokers check key boxes for trading platforms and tools. Each offers a free demo account for paper trading, copy trading, and the ability to place orders directly from charts. City Index provides its own proprietary platform alongside MetaTrader 4 (MT4), while Moneta Markets skips an in-house platform but supports both MT4 and MetaTrader 5 (MT5). You can trade on Windows desktop and through a web-based platform with either broker, making it easy to access your account from different devices.
If you want an in-house platform plus MT4, City Index is the draw; if MT5 is a must, Moneta Markets has you covered. According to ForexBrokers.com, City Index earns 4.5 stars and ranks #11 out of 63 for Trading Platforms and Tools, while Moneta Markets earns 4 stars and ranks #34. In short, choose City Index for a strong proprietary platform paired with MT4, or pick Moneta Markets if you prefer the MT4/MT5 combo, with both brokers offering copy trading, web and desktop access, and demo accounts to test your strategy.
| Feature |
City Index
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 88 | 105 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
City Index and Moneta Markets both deliver mobile trading apps for iPhone and Android, covering the essentials traders expect: price alerts for stocks and forex, synced watchlists across mobile and web, and drawing tools like trendlines that auto-save on your charts. Day-to-day tasks such as tracking markets and managing positions work smoothly on both platforms.
Where they differ is charting depth and third-party recognition. City Index packs 88 technical studies in its mobile charts versus 30 at Moneta Markets, giving technical traders more ways to analyze setups. That edge shows in independent scores: City Index earns 4.5/5 stars and ranks #9 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while Moneta Markets holds 4/5 stars and ranks #36. Choose City Index if you want a deeper set of mobile chart tools; pick Moneta Markets if you prefer a straightforward app with core features and alerts.
| Feature |
City Index
|
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 | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
City Index and Moneta Markets both deliver the essentials for market research. Each provides daily market commentary and forex news from leading sources such as Bloomberg, Reuters, or Dow Jones. You’ll get Trading Central tools with both brokers (but not Autochartist), plus sentiment indicators that show the ratio of long and short positions. Neither broker integrates TipRanks or Acuity Trading, and both include a global economic calendar to track upcoming events.
In independent testing, City Index holds the edge for research quality, earning 4.5 out of 5 stars and ranking #10 out of 63 brokers at ForexBrokers.com. Moneta Markets scores 4 out of 5 stars and ranks #33. If you want a stronger overall research experience and higher third-party ratings, City Index has the advantage, while Moneta Markets still covers the key tools most traders use day to day.
| Feature |
City Index
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
City Index and Moneta Markets both give beginners plenty of on-demand learning, including at least 10 beginner videos and 10 advanced videos that cover forex and CFD trading basics, platform how‑tos, and strategy tips. The key difference is live teaching: City Index runs client webinars at least once a month, letting new traders ask questions and learn in real time, while Moneta Markets does not currently host ongoing educational webinars.
Independent ratings back up the gap. For education, City Index earns 4.5 out of 5 stars and ranks #9 of 63 brokers on ForexBrokers.com, while Moneta Markets scores 4 out of 5 stars and ranks #33 of 63. If you value live webinars and a higher‑rated learning experience, City Index is the stronger pick. If you mainly want a solid library of videos you can watch anytime, both brokers can work, but City Index’s webinars give it the edge for beginners.
| Feature |
City Index
|
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 City Index is better than Moneta Markets. City Index finished with an overall rank of #8, while Moneta Markets finished with an overall rank of #35.
Backed by StoneX Group, City Index is a trusted brand known for its versatile trading platforms, excellent mobile app, diverse market research, and extensive range of tradeable markets.
| Feature |
City Index
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Moneta Markets
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|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 79 |
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City Index vs Moneta Markets: neither broker lets you buy actual (delivered) cryptocurrency, but both offer trading in cryptocurrency CFDs.
Compared to Moneta Markets, which does not support ACH/SEPA transfers (other deposit and withdrawal methods not specified here), City Index offers broader funding options for deposits and withdrawals, including ACH/SEPA, PayPal, and bank wire transfers, but not Skrill.
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 | City Index | Moneta Markets | |
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| Trust Score | 99 | 79 | |
| Winner | check_circle | ||
| Review | City Index Review | Moneta Markets Review |
| Broker Screenshots | City Index | Moneta Markets | |
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| Regulation | City Index | Moneta Markets | |
|---|---|---|---|
| Trust Score | 99 | 79 | |
| Year Founded | 1983 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | City Index | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | Yes | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | City Index | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | City Index | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 13500 | 1016 | |
| Forex Pairs (Total) | 66 | 45 | |
| 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 | City Index | Moneta Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.4 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.74 | 0.79 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | City Index | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | £100.00 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | City Index | Moneta Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | City Index | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 88 | 105 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | City Index | 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 | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | City Index | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | City Index | Moneta Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | City Index | 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 | City Index Review | Moneta Markets Review |
| Overall | City Index | Moneta Markets | |
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| Trust Score | 99 | 79 | |
| Winner | check_circle | ||
| Review | City Index Review | Moneta Markets Review |
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