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, founded in 2009, and IUX, established in 2016, are both online brokers that do not trade publicly nor operate as banks. Moneta Markets holds one Tier-1 license and one Tier-2 license, indicating a more secure regulatory framework compared to IUX, which holds no Tier-1 licenses but does have one Tier-2 license. These differences in licensing contribute to Moneta Markets receiving a Trust Score of 72, placing it in the average risk category. In contrast, IUX has a Trust Score of 69, aligning it with higher risk options according to ForexBrokers.com.
Both brokers offer unique qualities for traders, yet Moneta Markets stands out for its more established position in the market and slightly higher trust rating. While neither is listed on a stock exchange or considered fully banking compliant, Moneta Markets has a longer track record and slightly more regulatory assurance, offering potential users a more reliable choice for their trading endeavors compared to IUX.
| Feature |
Moneta Markets
|
IUX
|
|---|---|---|
| Year Founded | 2009 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing Moneta Markets and IUX for trading costs, each broker provides different account options catering to various trading levels. Moneta Markets offers the commission-based Prime ECN and Ultra ECN accounts, alongside the commission-free Direct STP account. With the STP account, traders enjoy commission-free trading but face higher spreads than in the Prime ECN account. The Ultra ECN account stands out with tighter spreads and a relatively low commission of $2 per round-turn lot, although it requires a hefty $20,000 deposit. Despite these offerings, Moneta Markets' pricing is not yet on par with the best forex brokers, meriting a 4.5-star rating and placing 16th out of 63 brokers for commissions and fees.
IUX, on the other hand, structures its pricing based on account type, appealing to both general and active traders. The Standard and Standard+ accounts, with a minimum deposit of $10, provide spread-only options, with Standard+ offering bonus promotions at the cost of wider spreads. For more active traders, the Raw and Pro accounts, requiring a $500 minimum deposit, present different pricing strategies. The Raw account offers very competitive spreads with a $6 commission per standard lot, while the Pro account features lower spreads than the standard ones without a commission. IUX achieves a 4-star rating and ranks 49th out of 63 brokers, highlighting its competitive pricing though it still falls short against industry leaders.
While Moneta Markets provides attractive options for larger deposits, IUX is a viable choice for those seeking low initial deposit accounts and varied promotions. Critical considerations include evaluating the balance between spreads, commissions, and initial deposit requirements to align with your trading needs. Both brokers offer unique benefits, but careful assessment is crucial to ensure your trading strategy is well-supported.
| 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, Moneta Markets stands out in offering a wider range of tradeable symbols with 1,016 options available, including 54 forex pairs, whereas IUX presents 152 tradeable symbols, offering 34 forex pairs. Both brokers provide forex trading through CFDs, but neither offers direct purchases of exchange-traded securities on U.S. exchanges. However, IUX distinguishes itself by offering the option to invest in exchange-traded securities on international exchanges. On the other hand, Moneta Markets enhances its offering by supporting copy trading, a feature not available with IUX.
Both brokers allow trading of cryptocurrency derivatives but not direct purchase of the digital currency. Based on ForexBrokers.com rankings, Moneta Markets holds a higher position for its range of investments, coming in at 35th out of 63 brokers, while IUX is placed at 60th. This is reflected in their star ratings for investment range, where Moneta Markets scores 4 stars compared to IUX’s 3.5 stars, illustrating a more diverse and attractive range for investors looking at various trading options.
| Feature |
Moneta Markets
|
IUX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1016 | 152 |
| Forex Pairs (Total) | 54 | 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.
When comparing the trading platforms and tools of Moneta Markets and IUX, traders will find a diverse range of offerings from both. Moneta Markets provides a simulated trading experience through a free virtual demo account, supported by popular platforms MetaTrader 4 and MetaTrader 5, ensuring traders can practice on systems they're likely familiar with. It also supports Windows-based desktop platforms and web-based trading for versatility. Although Moneta Markets does not have a proprietary platform, it enhances trading with features like copy trading and ZuluTrade, appealing to investors interested in social trading. They offer 78 drawing tools for charting, enabling detailed analysis, and allow trading directly from stock charts, paired with 4 columns in their watch lists.
Conversely, IUX offers a proprietary platform, which might cater to traders looking for a unique, in-house developed system. Like Moneta Markets, IUX also supports Windows and web-based trading, and offers a virtual demo account and MetaTrader 5. However, IUX does not include copy trading or ZuluTrade, focusing instead on its own trading environment. With 89 drawing tools, traders have a broad array of options for technical charting, and the ability to trade directly from charts mirrors Moneta Markets. Notably, IUX provides 46 columns for watch lists, offering granular detail for market monitoring. Despite its diverse toolset, IUX is rated 3.5 stars compared to Moneta Markets' 4 stars, with ForexBrokers.com ranking IUX at #59 out of 63, while Moneta Markets holds a more favorable #33 ranking.
| 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 | No | No |
| ZuluTrade | Yes | 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 user-friendly mobile trading apps compatible with iPhone and Android devices. Moneta Markets comes out ahead with features like stock and forex price alerts and seamless watchlist symbol syncing, ensuring a connected experience between its mobile app and online account. While Moneta Markets offers 30 technical studies in its charting tools, IUX provides a more extensive selection with 106 studies. However, IUX falls short of allowing users to draw trendlines, a feature that Moneta Markets supports, adding value for technical analysis enthusiasts.
Both platforms support viewing multiple time frames on stock or forex charts and offer the auto-save function for drawings, facilitating a smooth user experience. Creating watchlists with real-time quotes is a feature available on both apps, catering to active traders. In terms of ratings, Moneta Markets scores slightly higher at 4 stars compared to IUX's 3.5 stars. In ForexBrokers.com's rankings, Moneta Markets holds a more favorable position at #36, whereas IUX is placed at #60, highlighting Moneta Markets as a stronger choice for mobile trading.
| 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 and IUX offer notable differences. Moneta Markets provides a collection of at least 10 educational pieces focused on forex and CFDs, giving novice traders a foundation to start learning. In addition, Moneta Markets offers an array of beginner tutorials to guide newcomers through the basics of trading. However, both Moneta Markets and IUX do not provide monthly webinars, webinar archives, or a comprehensive investor dictionary. Despite these similarities, Moneta Markets edges ahead with additional advanced educational videos curated for more experienced traders, which is an area where IUX falls short.
Education quality ratings further highlight these distinctions, with Moneta Markets securing a 4-star rating compared to IUX's 3-star evaluation. This is also reflected in their respective rankings: Moneta Markets is positioned at #33 among 63 brokers evaluated by ForexBrokers.com, while IUX is ranked at #59. For beginners seeking an educational pathway in trading, Moneta Markets appears to offer more comprehensive learning materials and support, especially for those intending to progress beyond the initial stages of trading education.
| Feature |
Moneta Markets
|
IUX
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | 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 #63.
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 | 72 | 69 |
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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 | 72 | 69 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
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| Regulation | Moneta Markets | IUX | |
|---|---|---|---|
| Trust Score | 72 | 69 | |
| 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 | 1 | 0 | |
| 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) | Yes | No | |
| 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) | 54 | 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 | No | No | |
| ZuluTrade | Yes | 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) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | 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 | 72 | 69 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
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