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Moneta Markets vs Eightcap 2021

Is Eightcap better than Moneta Markets? In our analysis of 23 international regulators across 50 brokers, Eightcap is considered average-risk, with an overall Trust Score of 73 out of 99. Moneta Markets is considered average-risk, with an overall Trust Score of 79 out of 99. Learn more about Trust Score.


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.

Overall Rating

Feature Moneta Markets Eightcap
Overall 3.5 3.5
Commissions & Fees 3.5 3.5
Offering of Investments 3.5 3.5
Platforms & Tools 3 3.5
Mobile Trading 3 3.5
Research 3.5 3
Education 4 3
Trust Score 79 73
Moneta Markets Review Eightcap Review

Regulation

Feature Moneta Markets Eightcap
Trust Score 79 73
Year Founded
2009 2009
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
2 2
Tier-2 Licenses
0 1
Tier-3 Licenses
1 0
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature Moneta Markets Eightcap
ASIC Authorised (Australia)
Yes Yes
IIROC Authorised (Canada)
No No
SFC Authorised (Hong Kong)
No No
FSA Authorised (Japan)
No No
MAS Authorised (Singapore)
No No
FINMA Authorised (Switzerland)
No No
FCA Authorised (UK)
Yes Yes
CFTC Registered (USA)
No No

Tier-2 Licenses (Average Trust)

Feature Moneta Markets Eightcap
CBRC Authorised (China)
No No
CySEC Authorised (Cyprus)
No Yes
CBI Authorised (Ireland)
No No
ISA Authorised (Israel)
No No
FMA Authorised (New Zealand)
No No
CBR Authorised (Russia)
No No
FSCA Authorised (South Africa)
No No
SEC Authorised (Thailand)
No No

Tier-3 Licenses (Low Trust)

Feature Moneta Markets Eightcap
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 Moneta Markets Eightcap
Forex Trading
Yes Yes
CFD Trading
Yes Yes
Tradeable Symbols (Total)
266 76
Forex Pairs (Total)
45 45
US Stock Trading (Non CFD)
No No
Int'l Stock Trading (Non CFD)
No No
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes Yes
Social Trading / Copy-Trading
Yes Yes

Cost

Feature Moneta Markets Eightcap
Average Spread EUR/USD - Standard
1.36 (August 2021) N/A
All-in Cost EUR/USD - Active
0.86 (August 2021) 0.76
Active Trader or VIP Discounts
No No
Execution: Agency Broker
No Yes
Execution: Market Maker
Yes Yes

Funding

Feature Moneta Markets Eightcap
Minimum Deposit
$50.00 $100
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
No No
Skrill (Deposit/Withdraw)
No Yes

Trading Platforms

Feature Moneta Markets Eightcap
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
No No
DupliTrade
Yes No
ZuluTrade
No No

Trading Tools

Feature Moneta Markets Eightcap
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes Yes
Watchlists - Total Fields
4 MetaTrader (Default)
Charting - Indicators / Studies (Total)
48 MetaTrader (Default)
Charting - Drawing Tools (Total)
10 MetaTrader (Default)
Charting - Trade From Chart
Yes Yes
Charting - Drawings Autosave
No Yes
Order Type - Trailing Stop
No No

Mobile Trading

Feature Moneta Markets Eightcap
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes Yes
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
MetaTrader (Default) MetaTrader (Default)
Charting - Draw Trendlines
Yes Yes
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
Yes No
Forex Calendar
Yes Yes

Research

Feature Moneta Markets Eightcap
Daily Market Commentary
Yes Yes
Forex News (Top-Tier Sources)
Yes No
Weekly Webinars
No No
Autochartist
No No
Trading Central (Recognia)
Yes No
Delkos Research
No No
Social Sentiment - Currency Pairs
Yes No
Economic Calendar
Yes No

Education

Feature Moneta Markets Eightcap
Has Education - Forex or CFDs
No Yes
Client Webinars
No No
Client Webinars (Archived)
No Yes
Videos - Beginner Trading Videos
Yes Yes
Videos - Advanced Trading Videos
Yes No
Investor Dictionary (Glossary)
No Yes

Major Forex Pairs

Feature Moneta Markets Eightcap
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

Overall

Feature Moneta Markets Eightcap
Overall 3.5 3.5
Commissions & Fees 3.5 3.5
Offering of Investments 3.5 3.5
Platforms & Tools 3 3.5
Mobile Trading 3 3.5
Research 3.5 3
Education 4 3
Trust Score 79 73
Moneta Markets Review Eightcap 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 Eightcap vs Moneta Markets.

Does Eightcap 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, Eightcap offers better pricing overall for traders.

Is Eightcap 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. Both Eightcap and Moneta Markets hold 2 global Tier-1 licenses. Eightcap holds 1 global Tier-2 licenses, while Moneta Markets holds 0. In our analysis of 23 international regulators across 50 brokers, Moneta Markets earned a higher Trust Score than Eightcap.

Which trading platform is better: Eightcap or Moneta Markets?
To compare the trading platforms of both Eightcap and Moneta Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Eightcap offers a better experience. With research, Moneta Markets offers superior market research. Finally, we found Eightcap 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. Eightcap and Moneta Markets both offer copy trading. Both Eightcap and Moneta Markets offer MetaTrader 4 (MT4).

How many forex pairs and CFDs are available to trade?
Eightcap and Moneta Markets offer traders the same number of currency pairs, 45. Forex pairs aside, Moneta Markets offers traders access to 266 CFDs while Eightcap has 76 available CFDs, a difference of 190.

Can I trust Eightcap?
Eightcap is not publicly traded and does not operate a bank. Eightcap is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Eightcap is authorised by the following tier-1 regulators: Financial Conduct Authority (FCA) and the Australian Securities & Investment Commission (ASIC).

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 Eightcap good?
With a small range of markets and no standout features across its research, education, platforms, and account offerings, Eightcap struggles to compete with the best forex brokers.

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: Moneta Markets

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