Written by ForexBrokers.com
In this head to head comparison of FXCM 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.
Founded in 1999, FXCM stands out as a highly trusted online broker with a Trust Score of 95 out of 99, according to ForexBrokers.com. Publicly traded and holding four Tier-1 licenses, FXCM is recognized for its trustworthy standing. Additionally, the platform has two Tier-2 licenses, further cementing its reputation in the trading community. Although it is not a bank, FXCM's regulatory compliance and lengthy establishment in the market contribute to its credibility.
In comparison, Moneta Markets, which began operations in 2009, holds a Trust Score of 79, placing it in the average risk category. Not publicly traded, Moneta Markets has one Tier-1 license and one Tier-2 license. Although it shares FXCM's non-bank status, Moneta Markets' lower number of licenses and its shorter operational history result in a less solidified trust profile. Despite these differences, both brokers offer an array of trading services to cater to various investor needs.
| Feature |
FXCM
|
Moneta Markets
|
|---|---|---|
| Year Founded | 1999 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 1 |
Comparing commissions and fees, Moneta Markets edges out FXCM overall. Moneta Markets is rated 4.5/5 stars and ranks #17 out of 63 brokers for this category, while FXCM earns 4/5 stars and ranks #25 out of 63. In simple terms, Moneta’s ECN accounts can deliver lower all-in costs if you meet the deposit requirement, whereas FXCM’s costs are around the industry average unless you qualify for active-trader discounts.
FXCM’s standard EUR/USD spread averaged 0.78 pips in May 2024 for its EU, U.K., and Australia entities (1.38 pips at its St. Vincent and the Grenadines entity). Its commission-based pricing showed a 0.28-pip core spread in May 2024, with an effective cost near 0.74 pips once commissions are factored in. FXCM also offers an Active Trader Rebate Program (not available in the U.K. or EU) that pays $5–$25 per million traded, which can trim costs for high-volume traders. For example, in the U.K., a $25,000 balance and $50 million in monthly volume can drop the commission to $2.50 per side ($5 round-turn), aligning the effective EUR/USD cost near 0.78 pips. As always, spreads can widen during rollover or fast markets.
Moneta Markets offers three account choices. The Direct STP account is commission-free with an average EUR/USD spread of 1.38 pips (August 2023). The Prime ECN account averaged a 0.194-pip spread plus a $3-per-side commission ($6 round-turn), for an all-in cost around 0.79 pips—slightly below the industry average. The Ultra ECN account drops the commission to just $2 round-trip ($1 per side), but requires a $20,000 deposit and typically provides tighter spreads. In short: Moneta Markets may be cheaper if you can access its Ultra ECN pricing, while FXCM becomes more appealing if you qualify for its active-trader rebates and prefer its regional offerings.
| Feature |
FXCM
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | Starts from $50 | $50 |
| Average spread (EUR/USD) - Standard account | 0.9 | 1.38 |
| All-in Cost EUR/USD - Active | 0.8 | 0.79 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
In the FXCM vs Moneta Markets comparison for range of investments, both brokers let you trade forex via CFDs or spot contracts and support copy trading. Moneta Markets offers a wider catalog with 1,016 tradeable symbols, while FXCM lists 440. FXCM edges Moneta Markets on currency selection with 46 forex pairs versus 45. Both provide cryptocurrency trading through CFDs, but neither allows buying the actual coins.
Neither broker offers exchange-traded shares on U.S. or international exchanges. Based on ForexBrokers.com’s Range of Investments scores, Moneta Markets earns 4 stars (ranked 36th of 63), while FXCM earns 3.5 stars (ranked 48th of 63). If you want the biggest overall lineup of instruments, Moneta Markets is the stronger pick; if your focus is slightly more forex pairs along with copy trading, FXCM is a dependable alternative.
| Feature |
FXCM
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 440 | 1016 |
| Forex Pairs (Total) | 46 | 45 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
FXCM and Moneta Markets both make it easy to get started with a free demo account and offer web-based and Windows desktop trading. Each supports copy trading, MetaTrader 4 (MT4), and trading directly from charts. FXCM also adds its own proprietary platform alongside MT4, while Moneta Markets skips an in-house platform but includes MetaTrader 5 (MT5). Both provide familiar charting with technical indicators and watch lists to help you track markets.
For overall platform quality and tools, FXCM earns 5 stars and ranks #6 out of 63 brokers at ForexBrokers.com, while Moneta Markets is rated 4 stars and ranks #34. Choose FXCM if you want a highly rated, in-house platform option in addition to MT4; pick Moneta Markets if MT5 support is a must along with MT4, copy trading, and convenient web and desktop access.
| Feature |
FXCM
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 105 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
FXCM and Moneta Markets both check the key boxes for trading on the go. Each offers an iPhone and Android app, supports price alerts for forex or stocks, and syncs watchlists across mobile and web so changes made in one place appear in the other. Chart tools are practical on both platforms, with the ability to draw trendlines and have your drawings auto-saved for later.
Where they differ is charting depth and third-party recognition. FXCM packs 59 technical studies in its mobile charts compared with 30 at Moneta Markets, giving more options for analysis. FXCM also earns a higher 4.5-star mobile app rating and ranks #16 out of 63 brokers for Mobile Trading Apps at ForexBrokers.com, while Moneta Markets holds a 4-star rating and ranks #36. Choose FXCM if you want more built-in indicators and a higher-rated experience; Moneta Markets remains a solid pick for essential features with straightforward tools.
| Feature |
FXCM
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 59 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
FXCM and Moneta Markets both deliver strong market research basics: daily market commentary, forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones, Trading Central tools for technical analysis, sentiment indicators that show long/short positioning, and a global economic calendar. Neither broker includes Autochartist or Acuity Trading tools. The key difference is that FXCM adds TipRanks market research, while Moneta Markets does not.
For overall research quality, FXCM earns 4.5 stars and ranks #11 out of 63 brokers at ForexBrokers.com, while Moneta Markets scores 4 stars and ranks #33. Choose FXCM if you want broader third‑party insights thanks to TipRanks alongside Trading Central and news coverage. Choose Moneta Markets if you want the core research stack—daily commentary, premium news, Trading Central, sentiment tools, and an economic calendar—without the extra TipRanks layer.
| Feature |
FXCM
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
FXCM and Moneta Markets both offer beginner-friendly video lessons, with each providing at least 10 videos that explain trading basics in clear terms. As you progress, both brokers also deliver at least 10 advanced videos that dig into strategy and platform use. A key difference is live education: FXCM hosts client webinars at least once a month, giving beginners a chance to ask questions and learn in real time, while Moneta Markets does not currently offer monthly educational webinars.
For overall education quality, FXCM earns 4.5 out of 5 stars and ranks #14 out of 63 brokers for Education on ForexBrokers.com, while Moneta Markets scores 4 stars and ranks #33. If you value ongoing live instruction alongside a strong video library, FXCM has the edge. If you primarily want on-demand video lessons for forex and CFD trading, Moneta Markets is still a solid option.
| Feature |
FXCM
|
Moneta Markets
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that FXCM is better than Moneta Markets. FXCM finished with an overall rank of #15, while Moneta Markets finished with an overall rank of #35.
For traders who appreciate advanced trading tools and quality market research, FXCM is a winner, especially for algorithmic trading. Its range of tradeable markets is fairly narrow, however, and the pricing at FXCM is just average.
| Feature |
FXCM
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Moneta Markets
|
|---|---|---|
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| Trust Score | 95 | 79 |
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FXCM vs Moneta Markets: neither online broker offers the ability to buy actual (delivered) cryptocurrencies, but both provide access to trading cryptocurrency CFDs.
In the FXCM vs Moneta Markets funding comparison, FXCM supports ACH/SEPA, PayPal, Skrill, and bank wire deposits and withdrawals, while Moneta Markets does not support ACH/SEPA and did not specify availability for PayPal, Skrill, bank wires, or Visa/Mastercard.
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 | FXCM | Moneta Markets | |
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| Trust Score | 95 | 79 | |
| Winner | check_circle | ||
| Review | FXCM Review | Moneta Markets Review |
| Broker Screenshots | FXCM | Moneta Markets | |
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| Regulation | FXCM | Moneta Markets | |
|---|---|---|---|
| Trust Score | 95 | 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 | 4 | 1 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 1 |
| Tier-1 Licenses (Highly Trusted) | FXCM | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | FXCM | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | FXCM | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 440 | 1016 | |
| Forex Pairs (Total) | 46 | 45 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | FXCM | Moneta Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.9 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.79 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | FXCM | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | Starts from $50 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | FXCM | Moneta Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | FXCM | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 115 | 105 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FXCM | Moneta Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 59 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | FXCM | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FXCM | Moneta Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | FXCM | Moneta Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | FXCM Review | Moneta Markets Review |
| Overall | FXCM | Moneta Markets | |
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| Trust Score | 95 | 79 | |
| Winner | check_circle | ||
| Review | FXCM Review | Moneta Markets Review |
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