Written by ForexBrokers.com
In this head to head comparison of Moneta Markets vs Libertex (Forex Club), 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 Libertex (Forex Club) are two online brokers that offer forex and other financial services but differ in their regulatory standings and trust ratings. Established in 2009, Moneta Markets holds one Tier-2 license, placing it in the trusted category as per ForexBrokers.com with a Trust Score of 71, indicating an average risk level. Libertex (Forex Club), founded in 1997, possesses one Tier-1 license and boasts a slightly higher Trust Score of 73, making it a more trustable option according to the same rating standards.
Neither Moneta Markets nor Libertex (Forex Club) is publicly traded or operates as a bank, adding an extra layer of consideration for potential investors weighing their options. While Moneta Markets is newer to the financial scene, both brokers have cultivated specific regulatory credentials that influence their perceived reliability and risk, making it essential for investors to recognize these distinctions when evaluating their platforms.
| Feature |
Moneta Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Year Founded | 2009 | 1997 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 0 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 0 |
When comparing the commissions and fees of Moneta Markets and Libertex (Forex Club), it's evident that Moneta Markets offers a more flexible and competitive pricing structure. Moneta Markets provides three account options, each catering to different trading preferences. The commission-free Direct STP account has an average spread of 1.38 pips for the EUR/USD pair as of August 2023, while the Prime ECN account features an average spread of 0.194 pips and a commission of $3 per side, resulting in a total cost of roughly 0.79 pips per round-trip. For those able to deposit $20,000 or more, the Ultra ECN account offers even tighter spreads and a lower commission of $2 per round-turn lot.
In contrast, Libertex (Forex Club) lacks transparency regarding average spread data, which may make it challenging for potential users to assess the true cost of trading with them. Due to this lack of available spread data, understanding and comparing the total costs associated with trading at Libertex can be difficult. For traders heavily focused on minimizing fees and knowing exact costs beforehand, Moneta Markets could present a more enticing option.
Moneta Markets has an impressive 4.5-star rating out of five in the commissions and fees category, securing the 16th spot out of 63 brokers according to ForexBrokers.com. On the other hand, Libertex (Forex Club) holds a modest 3-star rating and is ranked much lower at 62nd place. This stark difference underscores Moneta Markets as a stronger contender for traders prioritizing affordable trading conditions.
| Feature |
Moneta Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Minimum Deposit | $50 | $10 |
| Average Spread EUR/USD - Standard | 1.38 | N/A |
| All-in Cost EUR/USD - Active | 0.79 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | No |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When it comes to the variety of investments offered, Moneta Markets and Libertex (Forex Club) both provide opportunities for forex trading through CFDs or spot contracts, making them suitable for traders interested in the currency market. Moneta Markets offers a more extensive range of tradeable symbols with 1016 options compared to Libertex's 300. However, for those focused on forex pairs, Libertex slightly edges out with 51 pairs, while Moneta Markets offers 45. Both platforms do not provide access to purchase exchange-traded securities on either U.S. or international exchanges, so direct stock investments are off the table.
For cryptocurrency enthusiasts, neither Moneta Markets nor Libertex offers the ability to purchase actual cryptocurrencies, but both do provide options for trading cryptocurrency derivatives. When it comes to user experience in copy trading, both platforms cater to this popular feature. As for ratings, Moneta Markets has a slight advantage with a 4-star score for its range of investments, compared to Libertex's 3.5 stars. ForexBrokers.com ranks Moneta Markets higher in the range of investments category at 35 out of 63 brokers, whereas Libertex stands at rank 53. This suggests a broader offering from Moneta Markets for traders seeking more diverse market opportunities.
| Feature |
Moneta Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1016 | 300 |
| Forex Pairs (Total) | 45 | 51 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| 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). | 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 Libertex (Forex Club) both offer ample platforms and tools for traders, yet they do so with distinctive features. Both brokers provide a free virtual demo account, allowing newcomers to practice without financial risk. Moneta Markets does not have a proprietary platform and relies on widely-used options like MetaTrader 4 and MetaTrader 5, plus offers a Windows-based desktop platform and a web-based option. Libertex stands out by providing its proprietary platform, along with MetaTrader 4, but not MetaTrader 5. Both brokers support copy trading, though only Moneta Markets offers DupliTrade, with neither supporting ZuluTrade.
While both platforms allow traders to execute trades directly from a stock chart, Moneta Markets gives access to more drawing tools with 78 available, compared to 30 by Libertex. When considering organizational features such as watch lists, Libertex offers seven columns, while Moneta Markets provides four. Both platforms hold a four-star rating for trading platforms and tools; however, Moneta Markets ranks higher at #33 compared to Libertex’s #50 ranking on ForexBrokers.com out of 63 brokers. Overall, the accessibility to varied platforms and additional perks like DupliTrade potentially give Moneta Markets a slight edge for traders focusing on comprehensive toolkits and multiple platform accessibility.
| Feature |
Moneta Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | No |
| DupliTrade | Yes | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 105 | 15 |
| Charting - Drawing Tools (Total) | 78 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 4 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps offered by Moneta Markets and Libertex (Forex Club), both cater to iPhone and Android users with a solid array of features. Each app enables traders to receive stock or forex price alerts, ensuring that they stay informed of market movements no matter where they are. Whether you're trading stocks or forex, both apps offer watchlist symbol syncing, so that any changes made to your watchlists sync seamlessly between the mobile app and the online platform. An equal number of 30 technical studies are available in both apps, enhancing chart analysis abilities. Both platforms allow users to draw trendlines and view various time frames, from daily to intraday analysis.
A notable difference lies in chart management, where Moneta Markets comes ahead as its app auto-saves drawings on charts, a feature not offered by Libertex (Forex Club). On the flip side, both apps excel in creating watchlists with real-time quotes, ensuring users can track their favorite symbols quickly and efficiently. According to ForexBrokers.com, both companies score equally well with a 4-star rating for their mobile trading apps. However, Moneta Markets ranks higher, occupying the 35th position out of 63, while Libertex (Forex Club) stands at 49th. This ranking could make a pivotal difference for users prioritizing app performance and additional features.
| Feature |
Moneta Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When examining market research offerings, Moneta Markets consistently stands out compared to Libertex (Forex Club). Moneta Markets provides daily market commentary, ensuring traders are continuously updated, while Libertex does not offer this service. Both brokers deliver forex news from premier sources like Bloomberg and Reuters; however, Moneta Markets enhances its research suite with tools from Trading Central, offering a technical analytics edge that Libertex lacks. Additionally, Moneta Markets offers a sentiment-based trading tool, providing insights into the ratios of long and short positions. Both brokers offer an economic calendar showcasing global economic events, though Moneta Markets' comprehensive approach to market research has earned it a better research rating.
In terms of overall rankings and ratings, Moneta Markets shines brighter in market research, securing a commendable 4-star rating and ranking 32nd out of 63 brokers according to ForexBrokers.com. This is in contrast to Libertex, which has a lower 3-star rating and is positioned 61st in the same category. Despite some similarities, Moneta Markets' additional insights and tools offer a substantial advantage for those keen on a well-rounded research experience.
| Feature |
Moneta Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| 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 by offering a comprehensive suite of materials. This includes a library of over 10 educational pieces focused on forex and CFDs, alongside a diverse range of beginner-friendly and advanced video tutorials. Moneta Markets also features a searchable archive of recorded webinars, allowing users to easily locate and revisit valuable sessions. Moreover, it provides an investor dictionary with over 50 trading terms, which can be particularly useful for those new to trading. These robust resources contribute to its 4-star rating for education, placing it at 33rd out of 63 brokers ranked by ForexBrokers.com in this category.
On the other hand, Libertex (Forex Club) also provides a good selection of educational content, including over 10 forex and CFD-focused materials and advanced trading videos for more experienced traders. However, it lacks a searchable archive of past webinars and beginner-focused video tutorials, which might leave newcomers seeking more guidance. Additionally, without an investor dictionary, beginners may have to look elsewhere for explanations of trading terminology. Ranked 57th by ForexBrokers.com for education, with a 3-star rating, Libertex offers some solid educational resources but may not cover all the bases that those new to trading might desire.
| Feature |
Moneta Markets
|
Libertex (Forex Club)
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | Yes |
| 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 Libertex (Forex Club). Moneta Markets finished with an overall rank of #35, while Libertex (Forex Club) finished with an overall rank of #61.
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
|
Libertex (Forex Club)
|
|---|---|---|
| Overall Rating |
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| Trust Score | 71 | 73 |
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Both Moneta Markets and Libertex (Forex Club) do not support the purchase of actual (delivered) cryptocurrencies, but they do offer options to trade cryptocurrency derivatives.
When comparing the online brokers Moneta Markets and Libertex (Forex Club), Moneta Markets supports Visa, Mastercard, and bank wire transfers for deposits and withdrawals but lacks ACH, SEPA, PayPal, and Skrill options, whereas Libertex (Forex Club) provides ACH, SEPA, PayPal, Skrill, and bank wire transfers, yet doesn't support Visa or Mastercard 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 | Libertex (Forex Club) | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
| Broker Screenshots | Moneta Markets | Libertex (Forex Club) | |
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| Regulation | Moneta Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Trust Score | 71 | 73 | |
| Year Founded | 2009 | 1997 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 0 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 0 |
| Tier-1 Licenses (Highly Trusted) | Moneta Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | 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 | Yes |
| Tier-2 Licenses (Trusted) | Moneta Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Moneta Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1016 | 300 | |
| Forex Pairs (Total) | 45 | 51 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| 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). | 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 | Libertex (Forex Club) | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.38 | N/A | |
| All-in Cost EUR/USD - Active | 0.79 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Moneta Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Minimum Deposit | $50 | $10 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | No | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Moneta Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | No | No |
| Trading Tools | Moneta Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 4 | 7 | |
| Charting - Indicators / Studies (Total) | 105 | 15 | |
| Charting - Drawing Tools (Total) | 78 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Moneta Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Moneta Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Moneta Markets | Libertex (Forex Club) | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Moneta Markets | Libertex (Forex Club) | |
|---|---|---|---|
| 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 | Libertex (Forex Club) | |
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| Trust Score | 71 | 73 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
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