Written by ForexBrokers.com
In this head to head comparison of Moneta Markets vs Eightcap, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Moneta Markets and Eightcap both entered the online brokerage scene in 2009. Neither is publicly traded nor operates as a bank, which is common in the industry. However, when it comes to regulatory credentials, there is a notable difference between the two. Moneta Markets possesses one Tier-1 license, signaling a high level of trust, and one Tier-2 license. In contrast, Eightcap holds three Tier-1 licenses but does not have any Tier-2 licenses. This suggests that Eightcap is under more stringent regulatory oversight from top-tier authorities.
As for their reliability, ForexBrokers.com assigns Moneta Markets a Trust Score of 79, categorizing it within the average risk range. Eightcap, meanwhile, scores an 85 on the same scale, indicating it is a trusted entity. These ratings highlight that while both brokers have their strengths, Eightcap might offer a slightly higher level of trust due to its regulatory status and trust score. Potential investors should weigh these factors carefully when choosing between the two brokers for their trading needs.
| Feature |
Moneta Markets
|
Eightcap
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 3 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Comparing commissions and fees, Eightcap’s Raw account edges out Moneta Markets’ Prime ECN on all-in cost for EUR/USD (about 0.76 vs 0.79 pips). That said, Moneta’s Ultra ECN cuts commission further for high-deposit traders. For ratings, Moneta Markets earns 4.5/5 stars and ranks #17 of 63 for Commissions & Fees, while Eightcap holds 4/5 stars and ranks #27 of 63.
Moneta Markets offers three account types. The commission-free Direct STP account averaged 1.38 pips on EUR/USD in August 2023. Prime ECN averaged 0.194 pips with a $3-per-side commission ($6 round trip), bringing the all-in cost to roughly 0.79 pips, which is slightly below the industry average. Ultra ECN lowers commission to $2 round trip ($1 per side) for deposits of $20,000 or more and features tighter spreads, aiming for better-than-average pricing, though Moneta still trails the very cheapest forex brokers overall.
Eightcap keeps pricing straightforward with two choices: the spread-only Standard account and the commission-based Raw account. The Raw account lists an average 0.06-pip EUR/USD spread; after adding the $3.50-per-side commission, the all-in cost works out to about 0.76 pips, just under the 0.8-pip industry average. The Standard account is commission-free but typically has wider spreads, so frequent traders often favor the Raw plan even though Eightcap remains slightly pricier than the lowest-cost providers.
| Feature |
Moneta Markets
|
Eightcap
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average spread (EUR/USD) - Standard account | 1.38 | 1.0 |
| All-in Cost EUR/USD - Active | 0.79 | 0.76 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Moneta Markets and Eightcap both support forex trading (CFD/spot), offer copy trading, and provide access to cryptocurrency CFDs; neither broker lets you buy actual cryptocurrencies or real exchange-traded shares in the U.S. or abroad. For overall market variety, Moneta Markets lists 1,016 tradeable symbols compared with Eightcap’s 803. If your focus is forex pairs specifically, Eightcap offers more choices with 55 pairs, while Moneta Markets provides 45 pairs.
Based on ForexBrokers.com’s Range of Investments scores, Moneta Markets earns 4 out of 5 stars and ranks #36 of 63 brokers, while Eightcap scores 3.5 stars and ranks #41. In short, choose Moneta Markets for a wider overall instrument list, or pick Eightcap if having a few more forex pairs matters most.
| Feature |
Moneta Markets
|
Eightcap
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1016 | 803 |
| Forex Pairs (Total) | 45 | 55 |
| 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.
Moneta Markets and Eightcap are closely matched for trading platforms and tools. Both offer a free demo (paper) account, support Windows desktop downloads and web-based trading, and let you place orders directly from a chart. Neither has a proprietary platform; instead, each focuses on MetaTrader 4 (MT4) and MetaTrader 5 (MT5), with access to copy trading as well.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools from ForexBrokers.com. In that category, Moneta Markets ranks #34 out of 63 brokers, while Eightcap ranks #39. The exact counts for built-in technical indicators and watchlist columns aren’t specified and can vary with MT4/MT5 setups, but both platforms allow you to add many indicators and extensions. If you want the MetaTrader experience with the option to practice before trading live, either broker works, with Moneta Markets holding a slight edge in the rankings.
| Feature |
Moneta Markets
|
Eightcap
|
|---|---|---|
| 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) | 105 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Moneta Markets and Eightcap both check the key boxes for mobile trading. Each offers iPhone and Android apps, stock or forex price alerts, and watchlist syncing so changes carry over between the app and your online account. Charting tools are evenly matched too: both apps include 30 technical studies, let you draw trendlines, and auto-save your drawings so your work is there the next time you open a chart.
In terms of recognition, both brokers earn 4 stars for Mobile Trading Apps. According to ForexBrokers.com, Moneta Markets ranks #36 out of 63 brokers in this category, while Eightcap comes in at #39. With near-identical mobile features, Moneta Markets holds a slight edge in ranking, but either app should suit traders who want alerts, synced watchlists, and dependable charting on the go.
| Feature |
Moneta Markets
|
Eightcap
|
|---|---|---|
| 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.
When comparing market research at Moneta Markets and Eightcap, both brokers cover the basics with daily market commentary, a sentiment tool that shows long-vs.-short positioning, and an economic calendar. The big differences come from premium content and add-ons: Moneta Markets delivers forex news from top-tier sources (such as Bloomberg and Reuters) and includes Trading Central tools, while Eightcap does not. Neither broker offers Autochartist or TipRanks; however, Eightcap stands out by offering Acuity Trading tools (e.g., Signal Centre), which Moneta Markets does not provide.
Based on ForexBrokers.com’s research ratings, Moneta Markets scores 4 out of 5 stars and ranks #33 of 63 brokers, while Eightcap earns 3.5 out of 5 stars and ranks #40 of 63. In short, choose Moneta Markets if you want premium forex news and Trading Central analysis alongside core research features; pick Eightcap if Acuity Trading’s signal tools are a priority for your workflow.
| Feature |
Moneta Markets
|
Eightcap
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Moneta Markets and Eightcap both give beginner traders plenty of on-demand learning, with at least 10 entry-level videos each. If you prefer live instruction and Q&A, Eightcap stands out by hosting client webinars at least once a month, while Moneta Markets does not. Planning to grow beyond the basics? Moneta Markets also offers 10+ advanced videos for when you’re ready to tackle more complex strategies, whereas Eightcap falls short on advanced video volume. These video resources cover trading basics that are useful for anyone getting started in forex and CFD markets.
For overall education quality, Moneta Markets is rated 4 out of 5 stars and ranks 33rd out of 63 brokers in ForexBrokers.com’s Education category. Eightcap earns 3.5 out of 5 stars and ranks 40th. In short: choose Eightcap if live webinars are a priority, and pick Moneta Markets if you want a larger video library that can carry you from beginner learning into more advanced topics.
| Feature |
Moneta Markets
|
Eightcap
|
|---|---|---|
| Webinars | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Moneta Markets is better than Eightcap. Moneta Markets finished with an overall rank of #35, while Eightcap finished with an overall rank of #38.
Moneta Markets is a new brand under parent company Vantage Group, which offers traders the MetaTrader suite of platforms as well as a basic web and mobile app. While it does support a decent range of third-party features, Moneta Markets has lackluster research and educational offerings, and its pricing is average.
| Feature |
Moneta Markets
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Eightcap
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| Trust Score | 79 | 85 |
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Moneta Markets vs Eightcap: neither broker lets you buy actual (delivered) cryptocurrency, but both provide cryptocurrency CFD trading.
Comparing online brokers Moneta Markets and Eightcap: both support bank wire transfers and do not offer ACH or SEPA, but Eightcap additionally supports PayPal and Skrill for deposits and withdrawals, whereas Moneta Markets does not.
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 | Moneta Markets | Eightcap | |
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| Trust Score | 79 | 85 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review | Eightcap Review |
| Broker Screenshots | Moneta Markets | Eightcap | |
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| Regulation | Moneta Markets | Eightcap | |
|---|---|---|---|
| Trust Score | 79 | 85 | |
| Year Founded | 2009 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 3 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Moneta Markets | Eightcap | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| 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) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Moneta Markets | Eightcap | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Moneta Markets | Eightcap | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1016 | 803 | |
| Forex Pairs (Total) | 45 | 55 | |
| 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 | Moneta Markets | Eightcap | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.38 | 1.0 | |
| All-in Cost EUR/USD - Active | 0.79 | 0.76 | |
| Inactivity Fee | No | No | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Moneta Markets | Eightcap | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Moneta Markets | Eightcap | |
|---|---|---|---|
| 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 | No | No |
| Trading Tools | Moneta Markets | Eightcap | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 105 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Moneta Markets | Eightcap | |
|---|---|---|---|
| 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 | Moneta Markets | Eightcap | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Moneta Markets | Eightcap | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Moneta Markets | Eightcap | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Moneta Markets Review | Eightcap Review |
| Overall | Moneta Markets | Eightcap | |
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| Trust Score | 79 | 85 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review | Eightcap Review |
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