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FP Markets vs Moneta Markets 2021

Is FP Markets better than Moneta Markets? After testing 27 of the best forex brokers over five months, FP Markets is better than Moneta Markets. While FP Markets trails industry leaders in research and education, spreads on MetaTrader are highly competitive, helping FP Markets shine as a low-cost broker for forex and CFDs trading.


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 FP Markets Moneta Markets
Overall 4 3.5
Commissions & Fees 5 3.5
Offering of Investments 4.5 3.5
Platforms & Tools 4 3
Mobile Trading 4 3
Research 3.5 3.5
Education 3 4
Trust Score 81 79
FP Markets Review Moneta Markets Review
Winner check_circle
The vast majority of retail CFD accounts lose money

Regulation

Feature FP Markets Moneta Markets
Trust Score 81 79
Year Founded
2005 2009
Publicly Traded (Listed)
No No
Bank
No No
Tier-1 Licenses
1 2
Tier-2 Licenses
1 0
Tier-3 Licenses
0 1
Authorised in the European Union
Yes Yes

Tier-1 Licenses (High Trust)

Feature FP Markets Moneta Markets
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)
No Yes
CFTC Registered (USA)
No No

Investments

Feature FP Markets Moneta Markets
Forex Trading
Yes Yes
CFDs (Total)
8908 304
Forex Pairs (Total)
61 49
Cryptocurrency (Physical)
No No
Cryptocurrency (CFD)
Yes Yes
Social Trading / Copy-Trading
Yes Yes

Cost

Feature FP Markets Moneta Markets
Average Spread EUR/USD - Standard
1.14 (June 2020) 1.3 (July 2020)
All-in Cost EUR/USD - Active
0.61 (August 2020) 1.3 (July 2020)
Active Trader or VIP Discounts
Yes No

Funding

Feature FP Markets Moneta Markets
Minimum Initial Deposit
$100 AUD $200.00
Bank Wire (Deposit/Withdraw)
Yes Yes
Visa/Mastercard (Credit/Debit)
Yes Yes
PayPal (Deposit/Withdraw)
Yes Yes
Skrill (Deposit/Withdraw)
Yes Yes

Trading Platforms

Feature FP Markets Moneta Markets
Proprietary Platform
No No
Desktop Platform (Windows)
Yes No
Web Platform
Yes Yes
Social Trading / Copy-Trading
Yes Yes
MetaTrader 4 (MT4)
Yes Yes
MetaTrader 5 (MT5)
Yes Yes
cTrader
No No
DupliTrade
No Yes
ZuluTrade
No No

Trading Tools

Feature FP Markets Moneta Markets
Virtual Trading (Demo)
Yes Yes
Alerts - Basic Fields
Yes No
Watchlists - Total Fields
Default (MT4/MT5) 3
Charting - Indicators / Studies (Total)
59 48
Charting - Drawing Tools (Total)
Default (MT4/MT5) 10
Charting - Trade From Chart
Yes No
Charting - Drawings Autosave
No No
Order Type - Trailing Stop
No No

Mobile Trading

Feature FP Markets Moneta Markets
Android App
Yes Yes
Apple iOS App
Yes Yes
Alerts - Basic Fields
Yes No
Watch List
Yes Yes
Watch List Syncing
No No
Charting - Indicators / Studies
Default (MT4/MT5) 0
Charting - Draw Trendlines
No No
Charting - Trendlines Moveable
No No
Charting - Multiple Time Frames
Yes Yes
Charting - Drawings Autosave
No No
Forex Calendar
No No

Research

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

Education

Feature FP Markets Moneta Markets
Has Education - Forex
Yes No
Has Education - CFDs
Yes No
Client Webinars
No 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

Feature FP Markets 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

Overall

Feature FP Markets Moneta Markets
Overall 4 3.5
Commissions & Fees 5 3.5
Offering of Investments 4.5 3.5
Platforms & Tools 4 3
Mobile Trading 4 3
Research 3.5 3.5
Education 3 4
Trust Score 81 79
FP Markets Review Moneta Markets 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 FP Markets vs Moneta Markets.

Does FP Markets 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, FP Markets offers better pricing overall for traders.

Is FP Markets 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. Moneta Markets holds 2 global Tier-1 licenses, while FP Markets holds 1. FP Markets holds 1 global Tier-2 licenses, while Moneta Markets holds 0. All regulators considered, FP Markets has a Trust Score of 81.00, while Moneta Markets's Trust Score is 79.00.

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

How many forex pairs and CFDs are available to trade?
FP Markets provides traders 61 currency pairs (e.g., EUR/USD) compared to Moneta Markets's 49 available pairs. Forex pairs aside, FP Markets offers traders access to 8908 CFDs while Moneta Markets has 304 available CFDs, a difference of 8,604.

Overall winner: FP Markets

Read Next: Best Forex Brokers 2021

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Trading CFDs, FX, and cryptocurrencies involve a high degree of risk. All providers have a percentage of retail investor accounts that lose money when trading CFDs with their company. You should consider whether you can afford to take the high risk of losing your money and whether you understand how CFDs, FX, and cryptocurrencies work. All data was obtained from a published website as of 12/14/2020 and is believed to be accurate, but is not guaranteed. The ForexBrokers.com staff is constantly working with its online broker representatives to obtain the latest data. If you believe any data listed above is inaccurate, please contact us using the link at the bottom of this page.

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