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 and Moneta Markets offer distinct experiences for online trading enthusiasts. Founded in 1999, FOREX.com is publicly traded and boasts an impressive Trust Score of 99 out of 99, indicating a high level of trust in their services. The company holds seven Tier-1 licenses, which are highly esteemed by ForexBrokers.com, and an additional Tier-2 license. In contrast, Moneta Markets was founded in 2009 and is not listed on any stock exchange. Its Trust Score is 72, which suggests an average risk level according to ForexBrokers.com. Moneta Markets holds one Tier-1 and one Tier-2 license, indicating a solid but less extensive regulatory backing.
Neither FOREX.com nor Moneta Markets are banks, which means they are solely focused on providing a complete trading platform and experience. The broader range of regulatory licenses held by FOREX.com points to a more extensively vetted trust background, suggesting they may be better suited for those prioritizing strong regulatory oversight. Meanwhile, Moneta Markets offers a service that might appeal to traders who are comfortable with a lesser, but still respectable, level of regulatory assurance.
| 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 |
FOREX.com and Moneta Markets both offer different commission and fee structures that cater to varying trader needs, earning them comparable ratings of 4.5 out of five stars. FOREX.com, ranked #13 out of 63 brokers for commissions and fees, presents multiple execution methods and account types including their recently launched RAW Spread account. This account delivers competitive, commission-based pricing with rebates for active traders, making it potentially more affordable for those trading outside the U.S. However, for U.S. residents, the Standard account with an average spread of 1.4 pips on the EUR/USD pair might feel slightly more expensive compared to the industry standard, unless trading volumes exceed $50 million monthly.
Moneta Markets, ranked #16 in the same category, provides three distinct account options - the commission-free Direct STP account and the commission-based Moneta Prime ECN and Ultra ECN accounts. While the Direct STP account has relatively higher spreads, their Prime ECN account offers a more favorable all-in cost of around 0.79 pips on the EUR/USD, thanks to a 0.194 pipe spread plus a $6 commission per round-trip lot. Ultra ECN account users benefit from even lower commission fees, though it requires a hefty $20,000 deposit.
Overall, both FOREX.com and Moneta Markets offer robust platforms with transparent pricing. While FOREX.com may suit higher volume traders seeking low spreads with commission-based accounts like the RAW account, Moneta Markets caters to those who prefer structured account options and potentially lower entry points for commission-based trading. Given their different strengths, traders are encouraged to assess their own trading habits and financial goals to determine the most cost-effective option.
| 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.
When comparing the range of investments offered by FOREX.com and Moneta Markets, FOREX.com stands out with a more extensive selection. FOREX.com provides access to 5,500 tradeable symbols, including 91 forex pairs, making it a popular choice for those seeking a broader variety of trading options. Moneta Markets, on the other hand, offers 1,016 tradeable symbols, with 54 forex pairs, catering to traders who may prefer a slightly smaller assortment. Both brokers provide forex trading through CFDs or spot contracts and offer cryptocurrency derivatives, but neither allows direct purchasing of actual cryptocurrencies.
Neither FOREX.com nor Moneta Markets offer exchange-traded securities on U.S. or international exchanges, but Moneta Markets distinguishes itself by offering a copy trading feature, which FOREX.com does not. In terms of ratings, FOREX.com earns an impressive 5 stars for its range of investments and is ranked 7th out of 63 brokers by ForexBrokers.com. Moneta Markets receives a respectable 4 stars and is ranked 35th in the same category, reflecting a solid but slightly less diverse investment offering compared to FOREX.com.
| Feature |
FOREX.com
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 1016 |
| Forex Pairs (Total) | 91 | 54 |
| 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.
When comparing FOREX.com and Moneta Markets, both brokers provide valuable trading platforms with several tools that cater to diverse trading needs. FOREX.com offers a comprehensive experience with its in-house proprietary platform in addition to supporting popular platforms like MetaTrader 4 and 5. Traders with FOREX.com can benefit from a wide variety of technical indicators and a wealth of drawing tools, enabling precise chart analysis. Moreover, it offers a Windows-based desktop platform, a web-based trading platform, and the option for simulated trading with a free virtual demo account. Watch list customization is more extensive with FOREX.com, providing up to 20 columns for tracking various fields. Additionally, traders can execute trades directly from stock charts, garnering a 5-star rating for trading platforms and tools from ForexBrokers.com.
Moneta Markets, on the other hand, excels in offering innovative features like copy trading and ZuluTrade integration, which aren’t available with FOREX.com. While it lacks a proprietary platform, Moneta Markets also supports both MetaTrader 4 and 5, and provides its services via a Windows-based desktop platform and a web-based option. New traders benefit from the accessibility of a virtual demo account for practice. Though its charting tools are fewer with 78 drawing tools available, Moneta Markets ensures a solid trading experience, as evidenced by its 4-star rating. It offers basic watch list customization with 4 columns but compensates with unique social trading opportunities. Ranked 33rd among 63 brokers by ForexBrokers.com, Moneta Markets provides a competitive edge for those interested in social trading functionalities.
| 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 | No |
| ZuluTrade | No | Yes |
| 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.
When comparing market research offerings of FOREX.com and Moneta Markets, both online brokers provide daily market commentary and access to forex news from esteemed sources like Bloomberg and Reuters. These insights keep traders informed about the latest developments in the financial world. Both platforms equip traders with technical analysis tools from Trading Central but do not feature tools from Autochartist. Additionally, each offers sentiment-based trading tools, offering insights into trading positions across currency pairs.
FOREX.com and Moneta Markets also offer economic calendars that showcase current and upcoming global news events, assisting traders in planning their strategies. Despite these similarities, FOREX.com outshines Moneta Markets with a research rating of 4.5 stars compared to Moneta's 4 stars. Furthermore, FOREX.com holds a higher rank at #9 among 63 brokers for research on ForexBrokers.com, whereas Moneta Markets is positioned at #32. These distinctions highlight FOREX.com's slightly superior standing in research resources, benefitting traders who prioritize comprehensive market analysis.
| 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 in forex and CFDs trading, both FOREX.com and Moneta Markets have a comprehensive selection. They offer over 10 educational materials, including articles, videos, and even archived webinars. However, FOREX.com takes the lead with their monthly online educational webinars, providing a platform for live learning that Moneta Markets does not. Additionally, FOREX.com offers easy access to a searchable archive of their past webinars, a feature that is absent with Moneta Markets. Both brokers cater to all levels of traders by offering at least 10 videos tailored specifically for beginners and another set for more experienced traders. For additional learning support, FOREX.com provides an investor dictionary with more than 50 terms defined, whereas Moneta Markets lacks this resource.
In ratings, both brokers receive high marks, though FOREX.com is rated slightly higher with 4.5 stars compared to Moneta Markets’ 4 stars. This distinction is further emphasized in their rankings for the Education category by ForexBrokers.com, where FOREX.com stands 4th out of 63 brokers, outperforming Moneta Markets, which ranks 33rd. In conclusion, while both platforms offer solid educational resources, FOREX.com provides a more extensive range of learning opportunities, particularly with their live and archived webinar features, making it a more attractive choice for traders prioritizing education as part of their trading journey.
| Feature |
FOREX.com
|
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 |
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 | 72 |
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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 | 72 | |
| 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 | 72 | |
| 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 | Yes | |
| 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 | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| 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 | 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 | No |
| Investments | FOREX.com | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 1016 | |
| Forex Pairs (Total) | 91 | 54 | |
| 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 | No | |
| ZuluTrade | No | Yes |
| 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 | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| 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 | 72 | |
| Winner | check_circle | ||
| Review | FOREX.com Review | Moneta Markets Review |
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