Written by ForexBrokers.com
In this head to head comparison of OANDA 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.
OANDA and Moneta Markets are well-known online brokers providing trading services since 1996 and 2009, respectively. While neither broker is publicly traded or functions as a bank, their regulatory standings differ considerably. OANDA holds seven Tier-1 licenses, which signifies a high level of trust, as per ForexBrokers.com standards. In contrast, Moneta Markets possesses just one Tier-1 license. OANDA's regulatory strength is affirmed by a 93 Trust Score from ForexBrokers.com, placing it in the "highly trusted" category.
Moneta Markets, with one Tier-2 license and a Trust Score of 79, is considered to carry an average risk. It's essential to consider these scores, as OANDA's regulatory status is notably stronger, reflecting faster access and stronger oversight of trading processes. These factors contribute to making informed decisions based on each broker's credibility and regulatory confidence.
| Feature |
OANDA
|
Moneta Markets
|
|---|---|---|
| Year Founded | 1996 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 7 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When it comes to commissions and fees, Moneta Markets generally offers lower all-in costs than OANDA, especially on its ECN accounts. Moneta Markets is rated 4.5 out of 5 stars and ranks #17 out of 63 brokers for Commissions and Fees, while OANDA earns 4 out of 5 stars and ranks #35 out of 63. The catch is that Moneta’s best pricing may require higher deposits, whereas OANDA emphasizes streamlined, automated trade execution and very small trade sizes.
OANDA’s default spreads are on the higher side (for example, an average 1.61 pips on EUR/USD in July 2024). Its “core pricing” cuts the spread but adds a commission of $5 per side per $100,000 traded (about $10 round trip), which equates to roughly 1 pip. Using OANDA’s example, a 0.4-pip core spread plus the 1-pip commission gives a 1.4-pip all-in cost—slightly better than its commission-free pricing. Core pricing requires a $10,000 minimum deposit. Extras include micro-position sizing down to 1 unit, active-trader rebates of $5–$17 per million in select regions, and ongoing spread disclosures (though not averaged over fixed periods).
Moneta Markets has three account types. The commission-free Direct STP account averaged 1.38 pips on EUR/USD (August 2023). The Prime ECN account averaged 0.194 pips plus a $6 round-trip commission per standard lot, for an all-in cost around 0.79 pips—below the industry average. The Ultra ECN account lowers commission to $2 round trip ($1 per side) for deposits of $20,000 or more and features tighter spreads. In short, Moneta Markets can be cheaper on EUR/USD if you qualify for its ECN tiers, while OANDA’s appeal leans on ease of execution and flexible position sizes despite generally higher spread-based costs.
| Feature |
OANDA
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average spread (EUR/USD) - Standard account | 1.69 | 1.38 |
| All-in Cost EUR/USD - Active | 1.69 | 0.79 |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
OANDA vs Moneta Markets: When it comes to the range of investments, OANDA lists 4,172 tradeable symbols and 69 forex pairs, while Moneta Markets offers 1,016 symbols and 45 forex pairs. Both earn 4 out of 5 stars for range, but OANDA ranks higher (#28 of 63) than Moneta Markets (#36 of 63), reflecting its broader lineup.
Both brokers support forex trading as CFDs or spot, and both offer copy trading. OANDA stands out by offering exchange-traded U.S. and international stocks, plus the ability to buy actual cryptocurrency as well as crypto CFDs. Moneta Markets does not offer exchange-traded stocks and limits crypto to CFDs only. Choose OANDA if you want stocks and real crypto alongside CFDs; pick Moneta Markets if you’re focused mainly on CFD trading.
| Feature |
OANDA
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4172 | 1016 |
| Forex Pairs (Total) | 69 | 45 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | Yes | No |
| Cryptocurrency (CFDs) | 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.
OANDA and Moneta Markets both make it easy to get started with a free demo (paper) account and support copy trading. Each provides a web platform and a Windows desktop download, along with MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can place trades directly from charts with both brokers. One key difference: OANDA also offers its own in-house trading platform, while Moneta Markets does not.
For Trading Platforms and Tools, both brokers earned 4 stars. In ForexBrokers.com’s rankings out of 63 brokers, OANDA is #15 and Moneta Markets is #34. The number of built-in technical indicators and watch list fields was not specified for either broker. If you want a choice between a proprietary platform and MetaTrader, OANDA provides that option; if you prefer sticking with MetaTrader plus web and desktop access and copy trading, Moneta Markets fits the bill.
| Feature |
OANDA
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 89 | 105 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
OANDA and Moneta Markets both offer full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, 30 built-in technical indicators for charting, trendline drawing, and auto-saving of your chart annotations—so your work stays put when you reopen a chart.
The key difference is watchlist syncing: Moneta Markets syncs symbols between the mobile app and your online account, while OANDA does not. That said, OANDA earns a higher Mobile Trading Apps rating (5 stars vs. Moneta Markets’ 4 stars) and a stronger placement in ForexBrokers.com’s rankings (#7 of 63 for OANDA vs. #36 for Moneta Markets). If seamless watchlists matter most, choose Moneta Markets; if you want the higher-rated overall mobile trading experience, OANDA gets the nod.
| Feature |
OANDA
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
OANDA vs Moneta Markets: For market research, both brokers cover the basics traders look for. Each offers daily market commentary, an economic calendar with upcoming events, and a sentiment tool showing long vs short positioning. You’ll also find forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones at both, helping you track headlines that can move prices.
The main difference is in the third-party tools. OANDA includes Autochartist for pattern-driven technical ideas but does not offer Trading Central. Moneta Markets offers Trading Central (including Technical Analytics) but does not include Autochartist. Neither adds TipRanks or Acuity Trading tools. In independent testing by ForexBrokers.com, OANDA earned 5 stars for Research and ranked #4 out of 63 brokers, while Moneta Markets earned 4 stars and ranked #33. That makes OANDA the stronger pick for research overall, while Moneta Markets still provides a helpful toolkit for everyday market checks.
| Feature |
OANDA
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners looking for forex and CFD education, both OANDA and Moneta Markets deliver sizable learning libraries that meet the “10+ pieces” bar. Each broker offers at least 10 beginner-focused videos and at least 10 advanced videos, so you can start with the basics and continue into more in‑depth topics at your own pace.
The big difference is live learning: OANDA runs client webinars at least once a month, while Moneta Markets does not. That extra guidance helps OANDA earn a 5-star Education rating and a #19 ranking out of 63 brokers at ForexBrokers.com, compared with Moneta Markets’ 4-star rating and #33 ranking. If live sessions and higher-rated education matter to you, OANDA is the stronger pick; if you’re fine with self‑paced video lessons, Moneta Markets still offers plenty to get started.
| Feature |
OANDA
|
Moneta Markets
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that OANDA is better than Moneta Markets. OANDA finished with an overall rank of #12, while Moneta Markets finished with an overall rank of #35.
A trusted global brand, OANDA stands out for its reputation and quality market research. Its regulatory track record is strong, and its support for third-party features bolsters its overall offering.
| Feature |
OANDA
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Moneta Markets
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| Trust Score | 93 | 79 |
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Compared with online broker Moneta Markets, online broker OANDA supports buying real, delivered cryptocurrencies as well as trading crypto CFDs, whereas Moneta Markets offers only cryptocurrency CFDs and does not provide access to actual delivered coins.
Compared to Moneta Markets—which does not support ACH or SEPA transfers and has unspecified availability for PayPal, Skrill, Visa/Mastercard, and bank wire funding—OANDA supports ACH/SEPA, PayPal, Skrill, and bank wire deposits and withdrawals.
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 | OANDA | Moneta Markets | |
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| Trust Score | 93 | 79 | |
| Winner | check_circle | ||
| Review | OANDA Review | Moneta Markets Review |
| Broker Screenshots | OANDA | Moneta Markets | |
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| Regulation | OANDA | Moneta Markets | |
|---|---|---|---|
| Trust Score | 93 | 79 | |
| Year Founded | 1996 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 7 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | OANDA | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | Yes | |
| USA (CFTC Authorized) | Yes | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | OANDA | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | OANDA | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4172 | 1016 | |
| Forex Pairs (Total) | 69 | 45 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | Yes | No | |
| Cryptocurrency (CFDs) | 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 | OANDA | Moneta Markets | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.69 | 1.38 | |
| All-in Cost EUR/USD - Active | 1.69 | 0.79 | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | No | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | OANDA | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | OANDA | Moneta Markets | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | OANDA | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 89 | 105 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | OANDA | Moneta Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | OANDA | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | OANDA | Moneta Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | OANDA | Moneta Markets | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | OANDA Review | Moneta Markets Review |
| Overall | OANDA | Moneta Markets | |
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| Trust Score | 93 | 79 | |
| Winner | check_circle | ||
| Review | OANDA Review | Moneta Markets Review |
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