Written by ForexBrokers.com
In this head to head comparison of FOREX.com 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.
FOREX.com, established in 1999, is a well-known online broker and is publicly traded, which adds transparency to its operations. It boasts an impressive Trust Score of 99 out of 99 by ForexBrokers.com, indicating it is highly trusted. The company holds 7 Tier-1 licenses and 1 Tier-2 license, demonstrating its global regulatory compliance and commitment to safety in trading. Although not a bank, FOREX.com’s extensive regulatory adherence highlights its stability and reliability.
Founded in 2009, Moneta Markets is relatively newer and not publicly traded. It has a Trust Score of 79, placing it in the average risk category according to ForexBrokers.com. Moneta Markets holds 1 Tier-1 license and 1 Tier-2 license, reflecting a moderate level of regulatory oversight. Like FOREX.com, Moneta Markets is not a bank, but its regulatory standings suggest a conservative approach to ensuring client security and trust.
| Feature |
FOREX.com
|
Moneta Markets
|
|---|---|---|
| Year Founded | 1999 | 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 |
Comparing commissions and fees, both brokers score 4.5/5 stars. FOREX.com is ranked #14 out of 63 brokers for Commissions & Fees by ForexBrokers.com, while Moneta Markets is ranked #17 out of 63. The short version: FOREX.com’s Standard account pricing in the U.S. is on the higher side, but its commission-based RAW account can narrow spreads; Moneta Markets offers a commission-free account with wider spreads and two commission-based accounts with tighter spreads.
FOREX.com’s Standard account (the only choice for MetaTrader 4) averaged about 1.4 pips on EUR/USD in the U.S. in July 2023, while outside the U.S. the EUR/USD averaged about 0.74 pips. The RAW account targets typical EUR/USD spreads near 0.13 pips (Feb 2024) plus a $7 commission per standard lot, for an all-in cost around 0.83 pips. Active traders can earn volume rebates across six tiers ($2–$9 per million). For most U.S. residents trading under $50 million per month, the all-in costs of the Commission/RAW and Standard setups end up being similar, with the main differences being execution and platforms.
Moneta Markets’ Direct STP account is spread-only, averaging about 1.38 pips on EUR/USD (Aug 2023). The Prime ECN account averaged about 0.194 pips plus a $6 round-trip commission per standard lot, for an all-in cost near 0.79 pips—slightly below the industry average. The Ultra ECN account cuts commission to $2 round-trip (requires a $20,000 deposit). In simple terms, Moneta’s Prime ECN edges FOREX.com’s RAW account on the quoted all-in EUR/USD figure, while FOREX.com offers broader availability, transparent stats, and volume rebates that can further lower costs at higher tiers.
| Feature |
FOREX.com
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | 1.4 | 1.38 |
| All-in Cost EUR/USD - Active | 0.9 | 0.79 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
FOREX.com vs Moneta Markets: For range of investments, FOREX.com lists 5,500 tradeable symbols and 80 forex pairs, while Moneta Markets offers 1,016 symbols and 45 pairs. Neither broker provides access to exchange-traded U.S. or international shares (non-CFDs). Reflecting the broader selection, ForexBrokers.com rates FOREX.com 5 stars and ranks it #7 out of 63 brokers for Range of Investments; Moneta Markets earns 4 stars, ranked #36.
Both brokers support forex trading (via CFDs or spot). You can’t buy actual cryptocurrency at either, but both offer cryptocurrency derivatives. A key difference is copy trading: Moneta Markets includes it, while FOREX.com does not. If you want the widest selection of markets and forex pairs, FOREX.com has the edge; if copy trading is a priority, Moneta Markets may suit you.
| Feature |
FOREX.com
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 1016 |
| Forex Pairs (Total) | 80 | 45 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | No | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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.
FOREX.com vs Moneta Markets for trading platforms and tools: both offer free demo (paper) trading, web platforms, and Windows desktop downloads. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and you can place trades directly from charts with either broker. FOREX.com also provides its own proprietary platform, while Moneta Markets does not. For social and copy trading, Moneta Markets has options, including DupliTrade, whereas FOREX.com does not offer copy trading and neither broker supports ZuluTrade. Charting tool depth differs: FOREX.com lists 239 drawing tools versus 78 at Moneta Markets; indicator counts were not specified. Watchlists are more detailed at FOREX.com with 20 columns compared to 4 at Moneta Markets.
Based on ForexBrokers.com’s category scores, FOREX.com earns 5 stars for Trading Platforms and Tools and ranks 7th out of 63 brokers, while Moneta Markets earns 4 stars and ranks 34th. In short, choose FOREX.com if you value an in-house platform, more drawing tools, and richer watchlists; pick Moneta Markets if built-in copy trading and DupliTrade matter most to you. Either way, both make it easy to try platforms risk-free with a demo account and to trade via MT4 or MT5 on the web and desktop.
| Feature |
FOREX.com
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | Yes |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 88 | 105 |
| Charting - Drawing Tools (Total) | 239 | 78 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 20 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both FOREX.com and Moneta Markets cater to iPhone and Android users, offering a well-rounded experience for those trading on the go. For traders who value connectivity and synchronization, both apps allow for stock or forex price alerts and watchlist symbol syncing, meaning updates made in the app or online are always in harmony. Additionally, they both support drawing trendlines and viewing multiple time frames on charts, with the added convenience of auto-saving your work.
In terms of technical analysis tools, FOREX.com stands out by offering 88 technical studies, compared to Moneta Markets' 30, providing traders with a wider range of analytical options. The ability to create watchlists with real-time quotes is available on both platforms, making them equally accessible for instant market updates. However, FOREX.com takes a lead in rankings and ratings, earning a 5-star rating and placing third among 63 brokers in the Mobile Trading Apps category by ForexBrokers.com. Meanwhile, Moneta Markets holds a respectable 4-star rating but is ranked lower at 36th place. These distinctions highlight FOREX.com's slightly more sophisticated toolkit and user accolades.
| Feature |
FOREX.com
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 88 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing market research at FOREX.com vs Moneta Markets: both brokers deliver daily market commentary, forex news from top-tier outlets like Bloomberg, Reuters, and Dow Jones, Trading Central tools, a sentiment-based positioning tool, and an economic calendar. Neither broker includes Autochartist, TipRanks, or Acuity Trading integrations, so the core research lineup is similar.
The main differences show up in ratings and rankings. FOREX.com earns 4.5/5 stars for Research and ranks #9 out of 63 brokers at ForexBrokers.com, while Moneta Markets scores 4/5 stars and ranks #33. If you want stronger in-house analysis paired with Trading Central and sentiment tools, FOREX.com is the slight favorite. If you mainly need essential news, commentary, and a calendar, Moneta Markets keeps pace at a lower tier.
| Feature |
FOREX.com
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both FOREX.com and Moneta Markets excel in providing a variety of content that caters to individuals eager to learn about forex and CFDs. Each broker offers more than ten educational materials, including articles, videos, and archived webinars, focusing on these financial markets. Both platforms present an opportunity for newcomers to grasp the essentials while accessing a wide range of learning formats, making them suitable starting points for budding traders.
Despite both brokers providing a comprehensive set of educational tools, FOREX.com stands out with a more interactive approach. It offers monthly online webinars, allowing for real-time learning and engagement, a feature Moneta Markets lacks. Furthermore, FOREX.com's searchable archive of webinars gives users access to past discussions, a resource Moneta Markets also offers. However, FOREX.com is rated slightly higher with 4.5 stars for educational excellence compared to Moneta Markets' 4 stars and ranks fourth among 63 brokers in the education category by ForexBrokers.com, while Moneta Markets ranks 33rd. Overall, for beginners seeking a dynamic and rich learning experience, FOREX.com provides a slight edge with its higher ranking and interactive offerings.
| Feature |
FOREX.com
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FOREX.com is better than Moneta Markets. FOREX.com finished with an overall rank of #5, while Moneta Markets finished with an overall rank of #35.
FOREX.com is a trusted brand that delivers an excellent trading experience for forex and CFDs traders across the globe. It offers a wide range of markets and provides an impressive suite of proprietary platforms – alongside limited access to MetaTrader.
| Feature |
FOREX.com
|
Moneta Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 79 |
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Both FOREX.com and Moneta Markets do not offer the ability to buy actual delivered cryptocurrency, but they do provide options to purchase cryptocurrency derivatives, allowing traders to engage in digital asset transactions without owning the currencies directly.
When comparing FOREX.com to Moneta Markets, FOREX.com provides more diverse payment options including ACH, SEPA, and PayPal for deposits and withdrawals, whereas Moneta Markets lacks these methods, though both support Visa, Mastercard, and bank wire transfers.
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 | FOREX.com | Moneta Markets | |
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| Trust Score | 99 | 79 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Moneta Markets Review |
| Broker Screenshots | FOREX.com | Moneta Markets | |
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| Regulation | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Trust Score | 99 | 79 | |
| Year Founded | 1999 | 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) | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 1016 | |
| Forex Pairs (Total) | 80 | 45 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | No | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.4 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.9 | 0.79 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | Yes | |
| ZuluTrade | No | No |
| Trading Tools | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 20 | 4 | |
| Charting - Indicators / Studies (Total) | 88 | 105 | |
| Charting - Drawing Tools (Total) | 239 | 78 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 88 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | FOREX.com | Moneta Markets | |
|---|---|---|---|
| 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 | FOREX.com Review | Moneta Markets Review |
| Overall | FOREX.com | Moneta Markets | |
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| Trust Score | 99 | 79 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Moneta Markets Review |
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