Written by ForexBrokers.com
In this head to head comparison of Moneta Markets vs IUX, 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.
Moneta Markets and IUX are both online brokers that cater to investors looking for secure and reliable trading platforms. Founded in 2009, Moneta Markets is an experienced player in the industry but is not listed on any stock exchange or operates as a bank. With a ForexBrokers.com Trust Score of 71 out of 99, it falls into the category of average risk. In terms of regulatory credentials, Moneta Markets holds one Tier-2 license but lacks any Tier-1 licenses, which are considered more highly trusted by ForexBrokers.com.
In contrast, IUX, established in 2016, also operates privately and is not a financial institution. It holds a higher Trust Score of 78, placing it in the average risk category, but is distinguished by holding one Tier-1 license in addition to its Tier-2 license. This suggests a form of regulatory reliability that might appeal to more cautious investors. Both firms are well-regulated, but IUX may offer slightly more peace of mind when it comes to trust and regulatory standing.
| Feature |
Moneta Markets
|
IUX
|
|---|---|---|
| Year Founded | 2009 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 0 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of Moneta Markets and IUX, potential traders will notice distinct differences between their account offerings. Moneta Markets provides three account options: the commission-free Direct STP account and two commission-based accounts, Prime ECN and Ultra ECN. The Direct STP account offers an average spread of 1.38 pips for the EUR/USD pair, though its spreads tend to be wider in currency trading. The Prime ECN account comes with a commission of $3 per side per 100,000 units and an average spread of 0.194 pips, making the all-in cost roughly 0.79 pips. The Ultra ECN account requires a $20,000 deposit, offers a tighter spread, and has a lower commission of $2 per round-trip. Moneta Markets is rated 4.5 stars for commissions and fees and ranks #16 out of 63 brokers on ForexBrokers.com.
IUX offers a range of account types that cater to different trading needs, from spread-only to commission-based accounts. Both the Standard and Standard+ accounts require a low minimum deposit of $10, with the Standard offering lower spreads and Standard+ featuring promotional bonuses at the cost of wider spreads. For more active traders, the Raw and Pro accounts are available, both requiring a $500 minimum deposit. The Raw account has the lowest spreads but includes a $6 commission per 100,000 units traded, while the Pro account offers lower spreads than the Standard accounts without any commission. The average spread on the Pro account is 0.7 pips for the EUR/USD pair, whereas the Raw account’s spread averages around 0.6 pips when factoring in the commission. IUX is rated 4 stars for commissions and fees and is ranked #48 by ForexBrokers.com.
Overall, choosing between Moneta Markets and IUX involves weighing their respective account features, including spreads, commissions, and deposit requirements. Moneta Markets offers competitive pricing in its commission-based accounts, especially for those who can meet the higher deposit threshold of the Ultra ECN account. Meanwhile, IUX provides flexible and less costly entry points for beginners or less active traders, with its Pro account being a contender in the spread-only space. These differences are reflected in their star ratings and rankings, where Moneta Markets has a slight edge in terms of overall value for money.
| Feature |
Moneta Markets
|
IUX
|
|---|---|---|
| Minimum Deposit | $50 | 10 |
| Average Spread EUR/USD - Standard | 1.38 | 0.9 |
| All-in Cost EUR/USD - Active | 0.79 | 0.6 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Moneta Markets and IUX for their range of investments, both brokers offer opportunities in forex trading, enabling clients to engage in CFDs and spot contracts. However, Moneta Markets provides a more expansive selection, featuring 1,016 tradable symbols, including 45 forex pairs. In contrast, IUX offers 152 tradable symbols with 34 forex pairs available, offering a slightly narrower selection for traders seeking variety. Neither broker provides options to purchase exchange-traded securities on U.S. exchanges like Apple shares, but IUX does stand out by offering securities on international platforms, such as buying shares of Vodafone on the London Stock Exchange.
Moneta Markets supports copy trading, giving users the chance to mirror the trades of more experienced investors, an option not available with IUX. Both platforms facilitate the trading of cryptocurrency derivatives but do not offer direct purchases of digital currencies. In terms of investment ratings, Moneta Markets earns 4 out of 5 stars, ranking 35th out of 63 brokers in the Range of Investments category by ForexBrokers.com. Meanwhile, IUX scores 3.5 stars, ranking significantly lower at 60th place. These distinctions highlight Moneta Markets as a more diverse option for those interested in a broad spectrum of investments.
| Feature |
Moneta Markets
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1016 | 152 |
| Forex Pairs (Total) | 45 | 34 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | No |
| 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). |
Dive deeper: Best Copy Trading Platforms.
Moneta Markets and IUX both offer virtual demo accounts, allowing traders to practice with simulated trading. While both brokers have downloadable Windows-based platforms and web-based options, Moneta Markets stands out with its compatibility with MetaTrader 4 and 5, though it lacks a proprietary platform. In contrast, IUX has developed its own trading platform but does not support MetaTrader 4. Moneta Markets provides copy trading features and access to DupliTrade, options that IUX fails to deliver.
When it comes to charting, Moneta Markets offers 78 drawing tools compared to IUX's 89, and both allow trading directly from stock charts. However, IUX provides more detailed watch lists with 46 fields, exceeding Moneta Markets' four fields. Although Moneta Markets earns a higher rating of four stars for its trading platforms and tools, ranking 33rd among 63 brokers, IUX ranks lower at 59th, with a rating of 3.5 stars. These differences make Moneta Markets a more versatile choice for traders seeking diverse tools and support.
| Feature |
Moneta Markets
|
IUX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 105 | 106 |
| Charting - Drawing Tools (Total) | 78 | 89 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 4 | 46 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Moneta Markets and IUX offer intuitive mobile trading apps available on iPhone and Android devices. Moneta Markets stands out by offering stock and forex price alerts, which is something IUX unfortunately does not provide. Additionally, Moneta Markets supports watchlist symbol syncing so your changes are mirrored across platforms, giving you seamless access whether you're using the mobile app or the online version. IUX lacks this feature. Furthermore, Moneta Markets allows you to draw trendlines on charts, whereas this function is not available with IUX. When it comes to viewing different time frames on charts, both apps deliver this essential feature, but Moneta Markets also autosaves your drawings, just like IUX.
If you're into technical studies, IUX boasts an impressive 106 options, while Moneta Markets offers a respectable 30. Both brokerage apps allow the creation of watchlists with real-time quotes, enhancing your trading experience. In ratings, Moneta Markets is slightly ahead with a 4-star rating for its mobile trading app compared to IUX's 3.5 stars. According to ForexBrokers.com, Moneta Markets holds a ranking of 35 out of 63 brokers for mobile trading apps, while IUX is ranked at 60. This implies that while both platforms have commendable features, Moneta Markets may provide a more integrated and user-friendly mobile trading experience overall.
| Feature |
Moneta Markets
|
IUX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | No |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 106 |
| Mobile Charting - Draw Trendlines | Yes | No |
| 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 Moneta Markets and IUX in terms of market research offerings, Moneta Markets significantly leads in several key areas. It provides daily market commentary and access to forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, while IUX does not offer these services. Moneta Markets also stands out with research tools from Trading Central, which include technical analytics, alongside a sentiment-based trading tool for analyzing trading positions across currency pairs. Both Moneta Markets and IUX are equipped with economic calendars to help traders stay informed about global news events, but Moneta Markets' comprehensive offerings give it a definite edge.
Rated 4 stars for research compared to IUX's 3 stars, Moneta Markets ranks #32 out of 63 brokers according to ForexBrokers.com, leaving IUX further behind at #59. This performance is a testament to Moneta Markets' dedication to enhancing traders' insights and decisions through superior research tools and resources. While both platforms have their strengths, Moneta Markets clearly provides a more extensive suite of features for those seeking well-rounded market research services.
| Feature |
Moneta Markets
|
IUX
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| 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, Moneta Markets stands out compared to IUX. For starters, Moneta Markets provides a comprehensive selection of educational materials on forex and CFDs, offering over 10 articles, videos, and archived webinars on these topics, while IUX does not meet this threshold. Moneta Markets also supplies a searchable archive of recorded webinars, allowing users to catch up on past sessions, a feature not available with IUX. Both brokers offer a collection of beginner trading videos, but Moneta Markets goes a step further with advanced educational content specifically designed for those with more experience. An additional advantage Moneta Markets offers is an investor dictionary that covers over 50 investing terms, a resource IUX does not provide.
Despite neither broker offering live monthly webinars, Moneta Markets has a higher Education rating of 4 stars, compared to IUX's 3 stars. These differences in educational support are reflected in their rankings by ForexBrokers.com, with Moneta Markets holding the 33rd spot out of 63 brokers for education, whereas IUX lags behind at 59th. This comparison suggests that Moneta Markets may be a more suitable option for beginners seeking thorough educational resources to enhance their trading journey.
| Feature |
Moneta Markets
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| 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 Moneta Markets is better than IUX. Moneta Markets finished with an overall rank of #35, while IUX finished with an overall rank of #55.
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
|
IUX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 78 |
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Both Moneta Markets and IUX do not offer the option to buy actual delivered cryptocurrency; however, they provide the ability to trade cryptocurrency derivatives, allowing users to speculate on cryptocurrency price movements without owning the actual asset.
Comparing online brokers Moneta Markets and IUX, neither offers ACH or SEPA transfers or PayPal as deposit or withdrawal options, however, IUX supports Skrill while both provide Visa, Mastercard, and bank wire options for transactions.
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 | Moneta Markets | IUX | |
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| Trust Score | 71 | 78 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
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| Regulation | Moneta Markets | IUX | |
|---|---|---|---|
| Trust Score | 71 | 78 | |
| Year Founded | 2009 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 0 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Moneta Markets | IUX | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Moneta Markets | IUX | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Moneta Markets | IUX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1016 | 152 | |
| Forex Pairs (Total) | 45 | 34 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| 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). |
| Cost | Moneta Markets | IUX | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.38 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.79 | 0.6 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Moneta Markets | IUX | |
|---|---|---|---|
| Minimum Deposit | $50 | 10 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Moneta Markets | IUX | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Moneta Markets | IUX | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 4 | 46 | |
| Charting - Indicators / Studies (Total) | 105 | 106 | |
| Charting - Drawing Tools (Total) | 78 | 89 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | No |
| Mobile Trading | Moneta Markets | IUX | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | No | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 106 | |
| Mobile Charting - Draw Trendlines | Yes | No | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | No |
| Research | Moneta Markets | IUX | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Moneta Markets | IUX | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Moneta Markets | IUX | |
|---|---|---|---|
| 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 | Moneta Markets Review |
| Overall | Moneta Markets | IUX | |
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| Trust Score | 71 | 78 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
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