Written by ForexBrokers.com
In this head to head comparison of IG 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.
When comparing the online brokers IG and Moneta Markets, several key differences stand out. Established in 1974, IG is a publicly traded company that also operates as a bank, which contributes to its high trust score of 99 out of 99 according to ForexBrokers.com. This rating places IG in the highly trusted category, further supported by its impressive eight Tier-1 licenses and two Tier-2 licenses, signifying a strong regulatory presence across highly trusted and trusted levels.
Moneta Markets, founded in 2009, is not publicly traded nor does it operate as a bank, which may influence its trust score of 79, categorizing it as average risk according to ForexBrokers.com. With one Tier-1 and one Tier-2 license, Moneta Markets demonstrates a more limited but still credible regulatory framework when compared to IG. While both brokers are viable options for online trading, IG's more extensive licensing and banking status may appeal to those seeking a high level of regulatory reassurance.
| Feature |
IG
|
Moneta Markets
|
|---|---|---|
| Year Founded | 1974 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | Yes | No |
| Tier-1 Licenses | 8 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
IG stands out for flexible pricing and execution, with both spread-only CFD accounts and a commission-based direct market access (DMA) option called Forex Direct. In July 2023, IG’s DMA average spread on EUR/USD was 0.62 pips, with an all-in cost around 0.82 pips once commissions are included. Its spread-only CFD account averaged 0.69 pips during the main session (22 hours a day) and 0.98 pips across all sessions that month. High-volume traders can qualify for active-trader rebates on the CFD account (10%–20% for eligible professionals in the EU), and the DMA account uses tiered commissions with just a £1,000 minimum. For Commissions and Fees, IG earns 5/5 stars and ranks #8 out of 63 brokers at ForexBrokers.com.
Moneta Markets’ costs depend on account type. The commission-free Direct STP account averaged 1.38 pips on EUR/USD in August 2023. The Prime ECN account averaged 0.19 pips plus a $6 round-trip commission per standard lot, for an all-in cost near 0.79 pips, while the Ultra ECN account lowers commission to $2 round-trip but requires a $20,000 minimum deposit. Overall pricing is competitive, though not yet among the very lowest. For Commissions and Fees, Moneta Markets earns 4.5/5 stars and ranks #17 out of 63 brokers at ForexBrokers.com.
Comparison takeaways: IG’s spread-only pricing was tighter during key hours (0.69 pips main-session average in July 2023) than Moneta’s commission-free STP (1.38 pips in August 2023). When you factor in commissions, Moneta’s Prime ECN all-in cost (about 0.79 pips) slightly undercut IG’s DMA all-in figure (about 0.82 pips) based on those months’ data. IG, however, adds volume-based rebates for eligible pros and a low £1,000 DMA minimum, while Moneta’s lowest commission tier calls for a $20,000 deposit. Traders focused strictly on the tightest commission-based EUR/USD figure may lean toward Moneta’s Prime ECN, while active or high-volume traders who value DMA access, rebates, and large-order handling may prefer IG.
| Feature |
IG
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | £250.00 | $50 |
| Average spread (EUR/USD) - Standard account | 0.98 | 1.38 |
| All-in Cost EUR/USD - Active | 0.82 | 0.79 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | No | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
IG and Moneta Markets both support forex trading as CFDs or spot contracts, but IG delivers a far wider range of investments. IG lists 19,537 tradeable symbols and 97 forex pairs, compared with Moneta Markets’ 1,016 symbols and 45 pairs. IG also lets clients buy exchange-traded shares on U.S. and international exchanges (think Apple and Vodafone), which Moneta Markets does not offer. For crypto, both brokers provide cryptocurrency CFDs, while only IG also offers the option to buy actual crypto.
If you’re looking for copy trading, Moneta Markets has it while IG does not. For overall market access, IG stands out and is better suited to investors who want a large selection of markets and the ability to own real shares and crypto. Reflecting this, ForexBrokers.com rates IG 5 stars and ranks it #4 out of 63 for Range of Investments, while Moneta Markets earns 4 stars and ranks #36.
| Feature |
IG
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 19537 | 1016 |
| Forex Pairs (Total) | 97 | 45 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| Cryptocurrency (Underlying) | Yes | 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.
IG and Moneta Markets both make it easy to start with a free demo (paper) account and let you place trades directly from charts. IG stands out with its own in-house platform alongside web and Windows desktop platforms, and it supports MetaTrader 4 (MT4) but not MetaTrader 5 (MT5). Moneta Markets doesn’t offer its own in-house platform, but it does provide both web and Windows desktop access, supports MT4 and MT5, and includes copy trading (which IG does not).
When it comes to trading platforms and tools, ForexBrokers.com rates IG at 5 stars and ranks it #2 out of 63 brokers, while Moneta Markets earns 4 stars and ranks #34. Pick IG if you want a top-rated, polished in-house platform with MT4 support; choose Moneta Markets if MT5 and copy trading are priorities.
| Feature |
IG
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 33 | 105 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
IG and Moneta Markets both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, synced watchlists that mirror your web account, and handy charting tools like trendlines that auto-save across sessions. That means you can set alerts, update your watchlist, and pick up your chart work from another device without missing a beat.
For charting depth, IG offers 33 technical studies, edging out Moneta Markets’ 30. Independent ratings reflect that gap: IG’s mobile app earns 5 stars and ranks #1 out of 63 brokers at ForexBrokers.com, while Moneta Markets holds 4 stars and ranks #36. If you want the widest range of studies and top-tier recognition, IG stands out; if you’re comfortable with slightly fewer studies, Moneta Markets still covers the essentials on the go.
| Feature |
IG
|
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 | 33 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
IG and Moneta Markets both deliver daily market commentary, real-time forex news from top-tier sources (e.g., Bloomberg, Reuters, Dow Jones), sentiment tools that show long-vs-short positioning, and an economic calendar. The key differences are in their add-on research suites: IG includes Autochartist, TipRanks, and Acuity Trading (Signal Centre), while Moneta Markets skips those but does include Trading Central. If you want automated chart pattern insights and third-party stock research, IG has the edge; if you prefer Trading Central’s analytics, Moneta Markets fits the bill.
For overall research quality, IG earns 5 stars and ranks #2 out of 63 brokers at ForexBrokers.com, while Moneta Markets scores 4 stars and ranks #33. Both brokers cover daily news and market drivers well, so your choice may come down to which specific tools—Autochartist, TipRanks, and Acuity on IG, or Trading Central on Moneta Markets—you find most useful.
| Feature |
IG
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
IG stands out for beginner-friendly forex and CFD education. It offers far more than the minimum of 10 learning pieces, with a large library of articles, videos, and archived webinars. You also get live, online educational webinars at least once a month, plus at least 10 beginner videos and 10 advanced videos that help you grow from basics to more complex strategies. That depth and structure explain IG’s 5-star Education rating and its #1 ranking out of 63 brokers by ForexBrokers.com.
Moneta Markets also meets the bar for forex and CFD education, providing at least 10 beginner videos and 10 advanced videos suitable for self-paced study. However, it does not host monthly live webinars, which can matter if you prefer real-time coaching and Q&A. Overall, Moneta Markets earns 4 stars for Education and ranks #33 out of 63, making it a decent choice for independent learners, while IG is the stronger pick if you want live sessions and a top-rated learning experience.
| Feature |
IG
|
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 IG is better than Moneta Markets. IG finished with an overall rank of #1, while Moneta Markets finished with an overall rank of #35.
IG offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.
| Feature |
IG
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Moneta Markets
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| Trust Score | 99 | 79 |
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In the IG vs Moneta Markets online broker comparison for cryptocurrency trading, IG supports buying actual (delivered) cryptocurrencies and trading crypto CFDs, whereas Moneta Markets offers only cryptocurrency CFDs and does not provide access to purchasing real delivered crypto.
Compared with Moneta Markets, IG offers broader deposit and withdrawal options—supporting ACH/SEPA transfers, PayPal, and bank wires (but not Skrill)—while Moneta Markets supports bank wires and does not support ACH/SEPA, PayPal, or Skrill.
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 | IG | Moneta Markets | |
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| Trust Score | 99 | 79 | |
| Winner | check_circle | ||
| Review | IG Review | Moneta Markets Review |
| Broker Screenshots | IG | Moneta Markets | |
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| Regulation | IG | Moneta Markets | |
|---|---|---|---|
| Trust Score | 99 | 79 | |
| Year Founded | 1974 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 8 | 1 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | IG | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | Yes | ||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | IG | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | IG | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 19537 | 1016 | |
| Forex Pairs (Total) | 97 | 45 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| Cryptocurrency (Underlying) | Yes | 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 | IG | Moneta Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.98 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.82 | 0.79 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | IG | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | £250.00 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | IG | Moneta Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | IG | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 33 | 105 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | IG | 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 | 33 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | IG | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | IG | Moneta Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | IG | 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 | IG Review | Moneta Markets Review |
| Overall | IG | Moneta Markets | |
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| Trust Score | 99 | 79 | |
| Winner | check_circle | ||
| Review | IG Review | Moneta Markets Review |
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