Written by ForexBrokers.com
Is Fineco Bank better than Moneta Markets? In our analysis of 23 international regulators across 62 of the best forex brokers, Fineco is considered low-risk, with an overall Trust Score of 92 out of 99. Moneta Markets is considered average-risk, with an overall Trust Score of 71 out of 99. Learn more about Trust Score.
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0 of 5| Overall Rating | Fineco Bank | Moneta Markets | |
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| Trust Score | 92 | 71 | |
| Winner | check_circle | ||
| Review | Fineco Bank Review | Moneta Markets Review |
| Broker Screenshots | Fineco Bank | Moneta Markets | |
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| Trading Platforms Gallery (click to expand) | |||
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| Mobile Trading Gallery (click to expand) | |||
| Education Gallery (click to expand) |
| Regulation | Fineco Bank | Moneta Markets | |
|---|---|---|---|
| Trust Score | 92 | 71 | |
| Year Founded | 1999 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| European Union Authorised (MiFID) | Yes | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 |
| Tier-1 Licenses (High Trust) | Fineco Bank | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (SRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| CBI Authorised (Ireland) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No |
| Tier-2 Licenses (Average Trust) | Fineco Bank | Moneta Markets | |
|---|---|---|---|
| China (CBRC Authorised) | No | No | |
| Cyprus (CySEC Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| Russia (CBR Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| Thailand (SEC Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No |
| Tier-3 Licenses (Low Trust) | Fineco Bank | Moneta Markets | |
|---|---|---|---|
| Bahamas (SCB Authorised) | No | No | |
| Belize (FSC Authorised) | No | No | |
| Cayman Islands (CIMA Authorised) | No | No | |
| Bermuda (BMA Authorised) | No | No | |
| British Virgin Islands (FSC Authorised) | No | No | |
| Mauritius (FSC Authorised) | No | No | |
| Vanuatu (VFSC Authorised) | No | No |
| Investments | Fineco Bank | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 126 | 965 | |
| Forex Pairs (Total) | 54 | 54 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (CFD) | No | 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 | Fineco Bank | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.27 | |
| All-in Cost EUR/USD - Active | N/A | 0.77 | |
| Active Trader or VIP Discounts | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | No | Yes |
| Funding | Fineco Bank | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Visa/Mastercard (Credit/Debit) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
| Trading Platforms | Fineco Bank | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | Yes | |
| ZuluTrade | No | Yes |
| Trading Tools | Fineco Bank | Moneta Markets | |
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| Virtual Trading (Demo) | No | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | N/A | 4 | |
| Charting - Indicators / Studies (Total) | 37 | 102 | |
| Charting - Drawing Tools (Total) | N/A | 78 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Fineco Bank | Moneta Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | No | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 6 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Forex Calendar | Yes | Yes |
| Research | Fineco Bank | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Fineco Bank | Moneta Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Fineco Bank | Moneta Markets | |
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| 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 | |
| Review | Fineco Bank Review | Moneta Markets Review |
| Overall | Fineco Bank | Moneta Markets | |
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| Commissions & Fees |
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| Trust Score | 92 | 71 | |
| Winner | check_circle | ||
| Review | Fineco Bank Review | Moneta Markets Review |
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Fineco Bank vs Moneta Markets.
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, Moneta Markets offers better pricing overall for traders.
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Fineco Bank holds 2 global Tier-1 licenses, while Moneta Markets holds 1. Moneta Markets holds 1 global Tier-2 licenses, while Fineco Bank holds 0. In our analysis of 23 international regulators across 50 brokers, Fineco Bank earned a higher Trust Score than Moneta Markets.
To compare the trading platforms of both Fineco Bank and Moneta Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Fineco Bank offers a better experience. With research, Fineco Bank offers superior market research. Finally, we found Moneta Markets to provide better mobile trading apps.
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Neither broker offers Meta Trader.Copy trading is not offered by either broker.
Fineco Bank and Moneta Markets offer traders the same number of currency pairs, 54. Forex pairs aside, Moneta Markets offers traders access to 965 CFDs while Fineco Bank has 126 available CFDs, a difference of 839.
Fineco is publicly traded and does operate a bank. Fineco is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and zero tier-3 regulators (low trust). Fineco is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Moneta Markets is not publicly traded and does not operate a bank. Moneta Markets is authorised by one tier-1 regulators (high trust), one 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).
FinecoBank is a trusted multi-asset broker offering forex and CFDs across its brands regulated in the U.K. and Italy. However, unless you visit a physical branch as a citizen of the EU – or you are a resident of Italy or the U.K. – you will not be permitted to open an online account with FinecoBank.
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.
Overall winner: Fineco Bank
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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