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Moneta Markets vs iFOREX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Moneta Markets vs iFOREX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Moneta Markets
4/5 Stars Overall
  • Minimum Deposit: $50
  • Trust Score: 79
  • Tradeable Symbols (Total): 1016
iFOREX
3.5/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 75
  • Tradeable Symbols (Total): 750

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.

Regulation

When choosing an online broker, evaluating both Moneta Markets and iFOREX involves considering several factors, including their respective trust scores and regulatory information. Moneta Markets, established in 2009, has a ForexBrokers.com Trust Score of 79, indicating an average risk level. The broker holds one Tier-1 license, highly regarded in the industry, and an additional Tier-2 license. This combination provides a layer of trustworthiness though they are not publicly traded or classified as a bank.

Founded in 1996, iFOREX has a slightly lower Trust Score of 75, placing it in the average risk category as well. Like Moneta Markets, iFOREX also holds one Tier-1 license, demonstrating a level of high trust. However, it lacks any Tier-2 licenses, which can be a consideration for cautious traders. Similar to its counterpart, iFOREX is neither publicly traded nor a bank. Both brokers provide foundational regulatory assurances, distinguishing themselves through their respective licenses.

Feature Moneta Markets logoMoneta Markets
iFOREX logoiFOREX
Year Founded info 2009 1996
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 1 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

Comparing commissions and fees, Moneta Markets scores 4.5/5 stars and ranks #17 out of 63 brokers at ForexBrokers.com, while iFOREX earns 3/5 stars and ranks #62 out of 63. iFOREX does not publish average spread data, which makes side-by-side cost comparisons harder.

Moneta Markets offers three pricing paths: the commission-free Direct STP account and two commission-based options, Prime ECN and Ultra ECN. The Direct STP averaged 1.38 pips on EUR/USD in August 2023. Prime ECN averaged 0.194 pips on EUR/USD plus a $3 per side ($6 round-trip) commission per 100,000 units, for an all-in cost around 0.79 pips. Ultra ECN lowers commission to $2 round-trip ($1 per side) for deposits of $20,000 or more and features tighter-than-average spreads. Overall, Moneta’s pricing is competitive but still not among the very lowest in the market.

With iFOREX, the absence of average spread data limits visibility into typical trading costs. Its 3/5 star rating and #62/63 ranking in the Commissions and Fees category reflect a less competitive showing versus peers. If transparent, low-cost pricing is a priority, Moneta’s clearly disclosed spreads and commission schedules provide firmer expectations.

Feature Moneta Markets logoMoneta Markets
iFOREX logoiFOREX
Minimum Deposit info $50 $100
Average Spread EUR/USD - Standard info 1.38 info N/A info
All-in Cost EUR/USD - Active info 0.79 info N/A info
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Moneta Markets vs iFOREX: Both brokers support forex trading via CFDs or spot contracts. Moneta Markets lists 1,016 tradeable symbols, compared with 750 at iFOREX. That said, iFOREX offers more forex pairs (88 vs 45), which can appeal to currency-focused traders. For broader market access beyond forex, Moneta Markets provides the larger overall catalog.

Neither broker offers exchange-traded shares on U.S. or international exchanges, and neither provides delivered crypto; both do offer cryptocurrency derivatives. Only Moneta Markets supports copy trading, while iFOREX does not. For Range of Investments, ForexBrokers.com rates Moneta Markets at 4 stars (ranked 36th of 63) and iFOREX at 3.5 stars (ranked 42nd of 63).

Feature Moneta Markets logoMoneta Markets
iFOREX logoiFOREX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1016 750
Forex Pairs (Total) info 45 88
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

Moneta Markets vs. iFOREX: For trading platforms and tools, Moneta Markets offers a free demo account for paper trading, a Windows desktop platform, a web platform, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), plus copy trading and DupliTrade. iFOREX does not offer a demo or a desktop download, but it does provide a proprietary, broker-built web platform. Both brokers let you place trades directly from charts. According to ForexBrokers.com, each earns 4 out of 5 stars for Platforms and Tools, with Moneta Markets ranked #34 of 63 brokers and iFOREX ranked #55 of 63.

For charting, indicator counts weren’t provided, but Moneta Markets lists 78 drawing tools versus 25 at iFOREX. Watchlists include 4 fields at Moneta Markets and 9 at iFOREX, and neither broker supports ZuluTrade. If you want MT4/MT5, desktop trading, a demo account, or copy-trading via DupliTrade, Moneta Markets is the better match. If you prefer a broker-made, web-only platform and more watchlist fields, iFOREX is the alternative.

Feature Moneta Markets logoMoneta Markets
iFOREX logoiFOREX
Virtual Trading (Demo) info Yes No
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
DupliTrade info Yes No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 105 57
Charting - Drawing Tools (Total) info 78 25
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 4 9

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Moneta Markets and iFOREX both offer iPhone and Android apps and each holds a 4-star mobile trading rating. That said, ForexBrokers.com ranks Moneta Markets higher in its Mobile Trading Apps category (#36 out of 63) than iFOREX (#56 out of 63).

The feature gap is notable. Moneta Markets supplies price alerts, synced watchlists between mobile and web, and lets you build watchlists with real-time quotes. Its charts include about 30 technical studies, plus tools to draw trendlines, switch among multiple time frames (daily, weekly, intraday), and auto-save your drawings. iFOREX does not provide price alerts, synced watchlists, or watchlists with real-time quotes; its mobile charts don’t support trendline drawing, multiple time frames, or auto-saving drawings, and an indicator count isn’t available. If you value alerts, synced lists, and fuller charting on the go, Moneta Markets is the stronger choice; for basic access on iPhone or Android, either app will do.

Feature Moneta Markets logoMoneta Markets
iFOREX logoiFOREX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

Moneta Markets and iFOREX both deliver daily market commentary, Trading Central tools, a sentiment gauge showing long/short ratios, and an economic calendar. Neither broker offers Autochartist. A key difference is news coverage: Moneta Markets includes forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones, while iFOREX does not. Moneta Markets does not include TipRanks or Acuity Trading tools; availability of TipRanks and Acuity Trading at iFOREX was not specified.

For research quality, ForexBrokers.com rates Moneta Markets 4 out of 5 stars and ranks it #33 of 63 brokers, while iFOREX earns 3.5 out of 5 stars and ranks #49. If you value built-in, high-grade news alongside daily insights, Moneta Markets has the edge; if you mainly want daily commentary plus Trading Central and sentiment tools, either broker can fit the bill.

Feature Moneta Markets logoMoneta Markets
iFOREX logoiFOREX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No
Signal Centre (Acuity Trading) info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Moneta Markets and iFOREX both cater to traders seeking educational resources, but they differ in what they offer for beginners. Moneta Markets stands out with over ten educational materials focused on forex and CFDs, including articles, videos, and archived webinars. Although it doesn't host monthly live webinars, it offers a searchable archive of recorded sessions, providing flexibility for those who prefer learning at their own pace. Moneta Markets also excels in supporting beginners with over ten instructional videos that cover fundamental trading concepts, along with advanced videos for experienced traders. Additionally, it offers an investor dictionary with definitions for over 50 investing terms, enhancing understanding for new investors. With these offerings, Moneta Markets garners a solid education rating of four stars and ranks 33rd out of 63 brokers in the education category.

On the other hand, iFOREX provides beginner traders with more than ten educational videos, allowing them to grasp trading essentials. However, it falls short compared to Moneta Markets in several areas. iFOREX lacks a collection of at least ten educational pieces on forex and CFDs, has no webinars archived for later viewing, and doesn't provide a dictionary with comprehensive investing terms. While iFOREX has a rating of 3.5 stars for education, its rank drops to 53rd among 63 brokers in this category. This indicates that while iFOREX offers some foundational training materials, Moneta Markets presents a more comprehensive suite of resources for those starting on their trading journey.

Feature Moneta Markets logoMoneta Markets
iFOREX logoiFOREX
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Moneta Markets is better than iFOREX. Moneta Markets finished with an overall rank of #35, while iFOREX finished with an overall rank of #52.

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.

Feature Moneta Markets logoMoneta Markets
iFOREX logoiFOREX
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 79 75
Range of Investments 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with Moneta Markets or iFOREX?

Both Moneta Markets and iFOREX do not offer the ability to buy actual (delivered) cryptocurrencies, but they both provide options to trade cryptocurrency derivatives.

What funding options does each broker offer?

When comparing online brokers Moneta Markets and iFOREX, it is notable that neither offers ACH or SEPA transfers for deposits or withdrawals, however, iFOREX provides more flexible payment options by accepting PayPal and Skrill, unlike Moneta Markets, while both brokers support Visa, Mastercard, and bank wire transactions.




announcementPlease 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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Compare

0 of 5
Overall Rating Moneta Markets iFOREX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 79 75
Winner check_circle
Review Moneta Markets Review
Broker Screenshots Moneta Markets iFOREX
Broker Gallery (click to expand) info
Regulation Moneta Markets iFOREX
Trust Score info 79 75
Year Founded info 2009 1996
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-1 Licenses info 1 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) Moneta Markets iFOREX
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes Yes
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-2 Licenses (Trusted) Moneta Markets iFOREX
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments Moneta Markets iFOREX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1016 750
Forex Pairs (Total) info 45 88
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 Moneta Markets iFOREX
Average Spread EUR/USD - Standard info 1.38 info N/A info
All-in Cost EUR/USD - Active info 0.79 info N/A info
Active Trader or VIP Discounts info No No
Inactivity Fee info No No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding Moneta Markets iFOREX
Minimum Deposit info $50 $100
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Moneta Markets iFOREX
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info No No
DupliTrade info Yes No
ZuluTrade info No No
Trading Tools Moneta Markets iFOREX
Virtual Trading (Demo) info Yes No
Alerts - Basic Fields info Yes No
Watchlists - Total Fields info 4 9
Charting - Indicators / Studies (Total) info 105 57
Charting - Drawing Tools (Total) info 78 25
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading Moneta Markets iFOREX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Mobile Watchlist info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes No
Research Moneta Markets iFOREX
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes No
Autochartist info No No
Trading Central (Recognia) info Yes Yes
TipRanks info No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Moneta Markets iFOREX
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs Moneta Markets iFOREX
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Moneta Markets Review
Overall Moneta Markets iFOREX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 3/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 79 75
Winner check_circle
Review Moneta Markets Review
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