Written by ForexBrokers.com
In this head to head comparison of Moneta Markets vs MultiBank, 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 MultiBank are two online brokers offering distinct services and trust levels. Founded in 2009, Moneta Markets is not publicly traded and does not operate as a bank. It holds one Tier-1 license and one Tier-2 license, earning it a Trust Score of 79 out of 99 on ForexBrokers.com. This places Moneta Markets in the "average risk" category according to the rating system, indicating a moderate level of reliability in the financial trading sector.
In contrast, MultiBank, established in 2005, also lacks public trading status and is not a bank. However, it stands out by holding three Tier-1 licenses and one Tier-2 license, reflecting a strong regulatory foundation. MultiBank's Trust Score of 84 categorizes it as a "trusted" broker, suggesting a higher degree of confidence from ForexBrokers.com users compared to Moneta Markets.
| Feature |
Moneta Markets
|
MultiBank
|
|---|---|---|
| Year Founded | 2009 | 2005 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 3 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 3 |
Here’s a quick commissions-and-fees comparison of Moneta Markets vs. MultiBank. Moneta Markets earns 4.5 out of 5 stars for pricing and ranks #17 of 63 brokers at ForexBrokers.com. MultiBank earns 4 out of 5 stars and ranks #39 of 63. Both brokers use tiered account types that change your effective trading costs, with lower spreads typically paired with per-trade commissions and higher minimum deposits.
Moneta Markets offers three choices: Direct STP (spread-only), Prime ECN, and Ultra ECN. The Direct STP account averaged a 1.38-pip spread on EUR/USD in August 2023. The Prime ECN account averaged 0.194 pips on EUR/USD plus a $3-per-side commission per 100,000 units ($6 per round trip), for an all-in cost around 0.79 pips—slightly below the industry average. The Ultra ECN account tightens pricing further with just $2 per round-trip commission ($1 per side), but requires a $20,000 minimum deposit.
MultiBank also has three tiers: Standard (higher spreads; $50 minimum deposit), Pro (lower spreads; $1,000 minimum), and ECN (its lowest spreads; $10,000 minimum) with a small $3 round-trip commission per trade. Keep in mind the non-trading costs: MultiBank charges a $60 monthly inactivity fee after 90 days without trading. If you’re seeking the lowest possible spreads and can meet higher deposit thresholds, each broker’s ECN option is the most cost-focused, while their entry-level accounts trade simplicity for higher spreads.
| Feature |
Moneta Markets
|
MultiBank
|
|---|---|---|
| Minimum Deposit | $50 | $50 |
| Average Spread EUR/USD - Standard | 1.38 | N/A |
| All-in Cost EUR/USD - Active | 0.79 | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | No | Yes |
| 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.
Moneta Markets and MultiBank both let you trade forex as CFDs or spot contracts. MultiBank lists slightly more total instruments (1,042 vs. 1,016), while Moneta Markets offers more currency pairs (45 vs. 40). If you prioritize a bigger overall catalog, MultiBank has the edge; if you focus on forex pairs, Moneta Markets comes out ahead.
Neither broker provides direct, exchange-traded stocks on U.S. or international exchanges. Both support copy trading and offer cryptocurrency derivatives, but only MultiBank lets you buy actual crypto. For Range of Investments, each earns 4 out of 5 stars; Moneta Markets ranks 36th out of 63 brokers, while MultiBank ranks 38th.
| Feature |
Moneta Markets
|
MultiBank
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1016 | 1042 |
| Forex Pairs (Total) | 45 | 40 |
| 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 | Yes |
| 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 MultiBank both make it easy to practice with a free demo (paper) account and score 4 out of 5 stars for trading platforms and tools. According to ForexBrokers.com, Moneta Markets ranks 34th out of 63 brokers in this category, while MultiBank ranks 40th.
For platforms, each broker offers a Windows desktop download and a web-based platform, plus popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) access. Both support copy trading and let you place trades directly from charts. One key difference: MultiBank also provides its own proprietary platform, whereas Moneta Markets sticks to third‑party platforms like MT4 and MT5.
| Feature |
Moneta Markets
|
MultiBank
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading 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 | Yes |
| DupliTrade [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 105 | 38 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Moneta Markets and MultiBank both deliver iPhone and Android mobile trading apps with real-time quotes and price alerts. Each app offers 30 technical studies for charting, lets you draw and auto-save trendlines, and makes it easy to switch among intraday, daily, and weekly time frames. You can also create watchlists with live pricing in both apps.
The standout difference is watchlist syncing: Moneta Markets syncs watchlists between mobile and your online account, while MultiBank does not. Both earned 4 stars for Mobile Trading Apps from ForexBrokers.com, but Moneta Markets ranked higher at #36 out of 63 brokers compared with MultiBank at #42. If seamless watchlist sync matters to you, Moneta Markets has the edge; otherwise, the two apps are closely matched for core mobile trading features.
| Feature |
Moneta Markets
|
MultiBank
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
For market research, Moneta Markets offers more built-in tools than MultiBank. Moneta provides daily market commentary, Trading Central analytics, a sentiment tool showing long/short positioning, top-tier forex news (e.g., Bloomberg/Reuters/Dow Jones), and an economic calendar. MultiBank delivers top-tier forex news and an economic calendar, but does not provide daily commentary, Trading Central tools, or a sentiment tool. Both brokers lack Autochartist and TipRanks integrations. MultiBank’s availability of Acuity Trading tools is not specified.
Based on independent evaluations, Moneta Markets earns 4 out of 5 stars for research and ranks #33 out of 63 brokers at ForexBrokers.com, while MultiBank scores 3.5 out of 5 stars and ranks #50. If you value daily insights, technical analysis add-ons, and sentiment data, Moneta Markets has the edge; if you mainly need headline news and a calendar, MultiBank covers the basics.
| Feature |
Moneta Markets
|
MultiBank
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners seeking forex and CFD education, both Moneta Markets and MultiBank provide at least 10 beginner-focused trading videos. Moneta Markets goes further with 10+ advanced videos, while MultiBank does not meet that advanced-video mark. Neither broker runs monthly online educational webinars, and it’s not specified whether either offers a searchable archive of recorded webinars. It’s also unclear if either meets the broader threshold of publishing 10 or more total forex/CFD education pieces (across articles, videos, or archived webinars), or if they provide an investor dictionary with 50+ terms.
In independent ratings, ForexBrokers.com gives Moneta Markets 4 out of 5 stars for Education (ranked 33rd of 63 brokers) and MultiBank 3.5 out of 5 stars (ranked 50th of 63). If you value a deeper video path as you progress, Moneta Markets has an edge thanks to its advanced video library. If your needs are strictly beginner videos, both brokers are comparable.
| Feature |
Moneta Markets
|
MultiBank
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | No | No |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) [DELETED] |
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 MultiBank. Moneta Markets finished with an overall rank of #35, while MultiBank finished with an overall rank of #40.
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
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MultiBank
|
|---|---|---|
| Overall Rating |
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| Trust Score | 79 | 84 |
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Moneta Markets enables the purchase of cryptocurrency derivatives but lacks the option to buy actual, delivered cryptocurrencies, whereas MultiBank offers both the ability to buy delivered cryptocurrencies and cryptocurrency derivatives.
Comparing online brokers, Moneta Markets does not support ACH or SEPA transfers and lacks options like PayPal and Skrill for fund transactions, only accommodating Visa, Mastercard, and bank wires; whereas, MultiBank supports ACH and SEPA transfers, offers Skrill for transactions, and similarly accepts Visa, Mastercard, and bank wires, but not PayPal.
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 | MultiBank | |
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| Trust Score | 79 | 84 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review | MultiBank Review |
| Broker Screenshots | Moneta Markets | MultiBank | |
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| Regulation | Moneta Markets | MultiBank | |
|---|---|---|---|
| Trust Score | 79 | 84 | |
| Year Founded | 2009 | 2005 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 3 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 3 |
| Tier-1 Licenses (Highly Trusted) | Moneta Markets | MultiBank | |
|---|---|---|---|
| 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 | Yes | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | 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 | MultiBank | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Moneta Markets | MultiBank | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1016 | 1042 | |
| Forex Pairs (Total) | 45 | 40 | |
| 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 | Yes | |
| 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 | MultiBank | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.38 | N/A | |
| All-in Cost EUR/USD - Active | 0.79 | N/A | |
| Active Trader or VIP Discounts [DELETED] | |||
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Moneta Markets | MultiBank | |
|---|---|---|---|
| Minimum Deposit | $50 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | Yes |
| Trading Platforms | Moneta Markets | MultiBank | |
|---|---|---|---|
| Proprietary Desktop Trading 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 | Yes | |
| cTrader | No | No | |
| DupliTrade [DELETED] | |||
| ZuluTrade [DELETED] |
| Trading Tools | Moneta Markets | MultiBank | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields [DELETED] | |||
| Charting - Indicators / Studies (Total) | 105 | 38 | |
| Charting - Drawing Tools (Total) [DELETED] | |||
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Moneta Markets | MultiBank | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Moneta Markets | MultiBank | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Moneta Markets | MultiBank | |
|---|---|---|---|
| Education (Forex or CFDs) | |||
| Webinars | No | No | |
| Client Webinars (Archived) [DELETED] | |||
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) [DELETED] |
| Major Forex Pairs | Moneta Markets | MultiBank | |
|---|---|---|---|
| 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 | MultiBank Review |
| Overall | Moneta Markets | MultiBank | |
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| Trust Score | 79 | 84 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review | MultiBank Review |
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