Written by ForexBrokers.com
In this head to head comparison of Markets.com 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.
Markets.com, established in 1999, and Moneta Markets, founded in 2009, are both online brokers not listed on any stock exchange and are not banks. When it comes to regulatory standing and trust, Markets.com stands out with a Trust Score of 93 out of 99, marking it highly trusted. This broker boasts three Tier-1 licenses, which are seen as the gold standard for trust in the industry, along with one Tier-2 license.
In contrast, Moneta Markets has a Trust Score of 72, indicating an average risk according to ForexBrokers.com ratings. Moneta Markets holds one Tier-1 license and one Tier-2 license, showcasing a solid level of trust, although not as high as Markets.com. Both brokers provide financial services within regulatory frameworks, but Markets.com holds a more prominent position in terms of trust and regulatory licenses.
| Feature |
Markets.com
|
Moneta Markets
|
|---|---|---|
| Year Founded | 1999 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Markets.com and Moneta Markets both provide online trading services, but they differ significantly in their commission and fee structures. Markets.com, unfortunately, does not publish average spread data, which limits the ability to thoroughly evaluate its costs compared to other brokers. It holds a 3.5-star rating for commissions and fees and is ranked #49 out of 62 brokers by ForexBrokers.com. While Markets.com may offer competitive features in other areas, its transparency in terms of costs could be improved.
Meanwhile, Moneta Markets offers a more varied fee structure depending on the type of account chosen. The commission-free Direct STP account has an average spread of 1.38 pips for the EUR/USD pair as of August 2023. However, for those opting for commission-based accounts, the Prime ECN account features tighter spreads with an average of 0.194 pips, plus a $3 per side fee for a total of approximately 0.79 pips – slightly below the industry average. The Ultra ECN account goes further, offering an even lower commission of $2 per round-trip for traders able to deposit $20,000 or more. Despite its competitive pricing, Moneta Markets still faces challenges in matching premium forex brokers. It receives a higher 4.5-star rating and is positioned at #16 in the ForexBrokers.com ranking.
In summary, Moneta Markets provides more detailed and flexible options with its tiered account structures, making it potentially more appealing to a variety of traders. Its higher ranking and star rating are reflective of its competitive pricing strategy despite being slightly behind the top-tier brokers. Conversely, Markets.com's lack of specific spread information may make it less attractive to those who prioritize clear fee transparency in their trading choices.
| Feature |
Markets.com
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | N/A | 1.38 |
| All-in Cost EUR/USD - Active | N/A | 0.79 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Markets.com and Moneta Markets for their investment offerings, both platforms provide forex trading as CFDs, making them accessible options for currency trading enthusiasts. Markets.com stands out by offering an extensive range of 2,179 tradeable symbols, including 57 forex pairs, while Moneta Markets provides 1,016 tradeable symbols with 54 forex pairs. However, neither broker offers direct access to U.S. or international exchange-traded securities, limiting options for clients looking to trade stocks like Apple or Vodafone.
Additionally, both brokers support copy trading and offer cryptocurrency derivatives, catering to those interested in social trading and crypto markets. Neither allows for the purchase of actual cryptocurrencies. Each has earned a solid ranking of four stars for their range of investments. On ForexBrokers.com, Markets.com holds the 29th spot among 62 brokers, slightly ahead of Moneta Markets, which ranks at 35th. This slight edge might appeal to clients seeking a wider array of trading opportunities.
| Feature |
Markets.com
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2179 | 1016 |
| Forex Pairs (Total) | 57 | 54 |
| 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.
Markets.com and Moneta Markets both provide traders with strong platforms and tools that cater to both beginner and seasoned investors. Both brokers offer free demo accounts for simulated trading, allowing users to practice their skills without financial risk. When it comes to trading platforms, Markets.com shines with its proprietary platform, offering users a unique experience developed in-house. Moneta Markets, on the other hand, does not have a proprietary platform, but still provides competitive options, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), which are also available on Markets.com. Additionally, both brokers support web-based and desktop trading platforms, making access flexible for traders. Despite not offering services like DupliTrade, Moneta Markets sets itself apart with ZuluTrade functionality for social trading enthusiasts, while Markets.com opts out of this feature.
When it comes to charting tools, traders at Moneta Markets are equipped with an impressive 78 drawing tools, offering more versatility in technical analysis compared to Markets.com, which offers only 4. Moreover, Moneta Markets allows trading directly from a stock chart, a feature not available on Markets.com. Both brokers support copy trading options, enhancing the trading experience for those interested in following and replicating professional traders' strategies. In terms of customizing watch lists, Markets.com provides up to 6 columns, slightly more than Moneta Markets, which offers 4. Despite differences in rankings and features, both Markets.com and Moneta Markets have received ratings of 4 stars for their trading platforms and tools by industry reviewers. Markets.com was ranked 27th out of 62 brokers, while Moneta Markets followed at the 33rd spot.
| Feature |
Markets.com
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 89 | 105 |
| Charting - Drawing Tools (Total) | 4 | 78 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Markets.com and Moneta Markets both offer highly accessible mobile trading options, available for iPhone and Android users alike. Both platforms provide convenient features such as stock and forex price alerts and the ability for users to create watchlists with real-time quotes. Notably, both apps also allow watchlists to sync perfectly with each user’s online account, ensuring seamless updates across devices. When it comes to charting features, Moneta Markets stands out, offering 30 technical studies compared to Markets.com's compatibility with MT4, but none on its main app. Both brokers do enable users to draw trendlines on charts using their mobile apps.
However, there are some differences worth noting. Moneta Markets provides the flexibility to view different time frames, such as daily, weekly, and intraday, which Markets.com does not. Additionally, Moneta Markets enhances user experience by auto-saving any drawings made on stock or forex charts, unlike Markets.com. Nevertheless, the overall user satisfaction for mobile trading apps is quite similar, with both platforms receiving a rating of four out of five stars. According to ForexBrokers.com, Markets.com is ranked 33rd, while Moneta Markets sits closely at 36th out of 62 brokers. Overall, both options provide strong mobile trading solutions, but choices may depend on the specific features each trader values most.
| Feature |
Markets.com
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | (default on MT4, none on Markets app) | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | No | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both Markets.com and Moneta Markets provide valuable resources for traders. Each platform offers daily market commentary as well as forex news from leading sources like Bloomberg and Reuters, enhancing the trading experience with timely insights. While both skipped out on tools from Autochartist and Acuity Trading, they still manage to equip traders with necessary information. Notably, only Moneta Markets leverages the analytical prowess of Trading Central to deliver advanced technical analyses, setting it apart in this domain.
In terms of sentiment analysis tools, both companies allow traders to gauge market sentiment by showing the ratio of long and short positions across various currency pairs. Moreover, both brokers include an economic calendar to help users track global financial events. Surprisingly, despite offering similar research features, ForexBrokers.com rates both Markets.com and Moneta Markets at 4 stars. However, when it comes to rankings among 62 brokers, Markets.com holds the 17th position, outpacing Moneta Markets, which stands at 32nd. This distinction highlights Markets.com's slight edge in overall research capability, according to user evaluations.
| Feature |
Markets.com
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| 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 in trading, both Markets.com and Moneta Markets provide some useful materials, but they each have different strengths. Markets.com offers regular monthly webinars that are great for interactive learning, and they also provide a solid collection of beginner and advanced educational videos, helping traders of all levels improve their skills. However, they lack in some areas, such as not offering a broad range of articles or videos focused specifically on forex or CFDs, and do not provide a searchable archive of past webinars or an investor dictionary with extensive term definitions.
Moneta Markets, on the other hand, shines with a comprehensive collection of over ten educational pieces specifically dedicated to forex and CFDs, perfect for beginners eager to dive into these areas. Like Markets.com, they also provide a good selection of educational videos suited for both beginners and advanced traders. However, Moneta Markets doesn’t offer regular live webinars for clients, which could be a drawback for those who prefer real-time learning opportunities. Both platforms earned a commendable 4-star rating for education, with Moneta Markets being slightly ahead in rank, at #33 compared to Markets.com’s #34 among 62 brokers reviewed by ForexBrokers.com.
| Feature |
Markets.com
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Markets.com is better than Moneta Markets. Markets.com finished with an overall rank of #23, while Moneta Markets finished with an overall rank of #35.
Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.
| Feature |
Markets.com
|
Moneta Markets
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|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 72 |
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Both Markets.com and Moneta Markets do not offer the ability to buy actual (delivered) cryptocurrency; however, they both provide the option to invest in cryptocurrency derivatives.
When comparing online brokers Markets.com and Moneta Markets, neither offers ACH or SEPA transfers or PayPal for depositing or withdrawing funds; however, Markets.com supports Skrill unlike Moneta Markets, while both brokers accept bank wires and 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 | Markets.com | Moneta Markets | |
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| Trust Score | 93 | 72 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
| Broker Screenshots | Markets.com | Moneta Markets | |
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| Regulation | Markets.com | Moneta Markets | |
|---|---|---|---|
| Trust Score | 93 | 72 | |
| Year Founded | 1999 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Markets.com | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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). | Yes | No |
| Tier-2 Licenses (Trusted) | Markets.com | Moneta Markets | |
|---|---|---|---|
| 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 | Markets.com | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2179 | 1016 | |
| Forex Pairs (Total) | 57 | 54 | |
| 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 | Markets.com | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.38 | |
| All-in Cost EUR/USD - Active | N/A | 0.79 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Markets.com | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Markets.com | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Markets.com | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | No | Yes | |
| Watchlists - Total Fields | 6 | 4 | |
| Charting - Indicators / Studies (Total) | 89 | 105 | |
| Charting - Drawing Tools (Total) | 4 | 78 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Markets.com | Moneta Markets | |
|---|---|---|---|
| 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 | (default on MT4, none on Markets app) | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | No | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Markets.com | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Markets.com | Moneta Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Markets.com | Moneta Markets | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | No | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Moneta Markets Review |
| Overall | Markets.com | Moneta Markets | |
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| Trust Score | 93 | 72 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
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