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OANDA vs Moneta Markets 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

OANDA
4.5/5 Stars Overall
  • Minimum Deposit: $0
  • Trust Score: 93
  • Tradeable Symbols (Total): 3928 info
Moneta Markets
4/5 Stars Overall
  • Minimum Deposit: $50
  • Trust Score: 72
  • Tradeable Symbols (Total): 1016

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.

Regulation

When comparing OANDA and Moneta Markets, it's clear there are differences in their trust scores and regulatory standing. OANDA, established in 1996, benefits from a high trust score of 93 according to ForexBrokers.com, largely thanks to its possession of seven Tier-1 licenses. These Tier-1 licenses are an indicator of high trust, providing an extra layer of security for users. On the other hand, Moneta Markets, founded in 2009, holds a trust score of 72 as it has one Tier-1 license and one Tier-2 license. While both brokers are not publicly traded or banks, OANDA's longer history and greater number of high-level licenses set it apart in terms of regulatory trust.

Feature OANDA logoOANDA
Moneta Markets logoMoneta Markets
Year Founded info 1996 2009
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 7 1
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

When comparing the commissions and fees of online brokers OANDA and Moneta Markets, both options offer distinct pricing structures and trade-offs. OANDA is known for its steep forex trading costs, particularly with its default and core pricing. While its default pricing features a higher average spread, OANDA offers a core pricing option with lower spreads and a commission of $5 per $100,000 worth of currency, making it slightly better for high-volume traders. Additionally, OANDA allows for micro-lot trading as small as one unit and offers rebate programs for active traders. OANDA receives a 4-star rating for commissions and fees and is ranked 34th out of 63 brokers on ForexBrokers.com for the Commissions and Fees category.

On the other hand, Moneta Markets provides three account options with varying costs. The commission-free Direct STP account features an average spread of 1.38 pips for the EUR/USD pair. In contrast, the Prime ECN account offers tighter average spreads of 0.194 pips and a commission of $3 per side, resulting in a more competitive all-in cost of around 0.79 pips for EUR/USD. For a more competitive rate, the Ultra ECN account offers a commission of $2 per round-turn lot, but requires a $20,000 deposit. Moneta Markets earns a 4.5-star rating for commissions and fees and is ranked 16th among 63 brokers on ForexBrokers.com.

Overall, while OANDA is praised for its automated execution and transparency in pricing, its costs remain higher than some competitors. Conversely, Moneta Markets tends to offer more competitive pricing in its commission-based accounts but requires significant deposits for lower rates. Both brokers cater to different trader needs, with OANDA being more suitable for smaller-scale traders and Moneta Markets appealing to those with larger initial capital.

Feature OANDA logoOANDA
Moneta Markets logoMoneta Markets
Minimum Deposit info $0 $50
Average Spread EUR/USD - Standard info 1.61 info 1.38 info
All-in Cost EUR/USD - Active info 1.61 info 0.79 info
Active Trader or VIP Discounts info Yes info No
ACH or SEPA Transfers info Yes info No
PayPal (Deposit/Withdraw) info Yes info No
Skrill (Deposit/Withdraw) info Yes info No
Visa/Mastercard (Credit/Debit) info Yes info Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing the range of investments between OANDA and Moneta Markets, both platforms offer forex trading as CFDs or spot contracts, showcasing their strength in currency trading. OANDA stands out with an impressive 3,928 tradeable symbols, including 68 forex pairs, providing a vast selection for traders. In contrast, Moneta Markets offers 1,016 tradeable symbols, including 54 forex pairs, which, while smaller, still presents a solid option for forex enthusiasts. Neither broker provides access to exchange-traded securities on U.S. or international exchanges, such as direct purchases of stocks like Apple or Vodafone.

Both OANDA and Moneta Markets support copy trading, which can attract investors interested in mirroring the strategies of successful traders. OANDA has an edge in cryptocurrency offerings, allowing customers to buy actual digital currencies, while Moneta Markets restricts cryptocurrency transactions to derivatives only. Both platforms offer cryptocurrency derivatives for those looking to speculate on price movements without taking ownership. In terms of recognition, OANDA earns 4 stars for its range of investments and ranks 27th among 63 brokers, whereas Moneta Markets also garners 4 stars but ranks 35th in the same category, indicating that both are competitive choices with unique investment opportunities.

Feature OANDA logoOANDA
Moneta Markets logoMoneta Markets
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 3928 info 1016
Forex Pairs (Total) info 68 54
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info Yes info 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.

Trading platforms and tools

When it comes to trading platforms and tools, OANDA and Moneta Markets both offer features that cater to different types of traders. Both brokers provide free virtual demo accounts, allowing users to get familiar with the trading environment before committing real capital. OANDA offers a unique advantage by providing a proprietary platform developed in-house, alongside a Windows-based desktop platform and a web-based trading platform. Moneta Markets, while not offering a proprietary platform, includes Windows-based and web-based platforms, and extends its trading offerings with ZuluTrade for social trading enthusiasts. Both brokers support popular platforms MetaTrader 4 (MT4) and MetaTrader 5 (MT5), providing versatility and choice for traders looking for established trading environments. While neither brokerage supports DupliTrade, both offer copy trading, catering to traders who prefer mirroring experienced traders' strategies.

OANDA excels in charting with an impressive 431 drawing tools, allowing comprehensive technical analysis, whereas Moneta Markets presents 78 drawing tools for its users. Both facilitate trading directly from a stock chart, streamlining transaction processes. OANDA has the edge in watch list customization with six columns, compared to Moneta Markets' four. In terms of ratings, both brokers earn a commendable 4 out of 5 stars for their trading platforms and tools. According to ForexBrokers.com, OANDA is ranked 15th out of 63 brokers, offering a more highly regarded suite of trading tools than Moneta Markets, which stands at 33rd place. Ultimately, both OANDA and Moneta Markets provide solid options for traders, though OANDA may appeal more to those seeking robust charting capabilities and proprietary platform features.

Feature OANDA logoOANDA
Moneta Markets logoMoneta Markets
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes info Yes
DupliTrade info No No
ZuluTrade info No Yes
Charting - Indicators / Studies (Total) info 81 105
Charting - Drawing Tools (Total) info 431 78
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 6 4
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Both OANDA and Moneta Markets provide iPhone and Android apps, making trading on-the-go convenient for users. Each platform supports stock and forex price alerts and offers 30 technical studies for its charting capabilities. Traders can draw trendlines on charts, view multiple time frames, and enjoy auto-saving for their drawings on both apps. Real-time quotes and watchlist creation are also available. However, while Moneta Markets allows for watchlist symbol syncing across devices, OANDA does not, which could be a drawback for those who require cross-platform consistency.

When it comes to ratings, OANDA's mobile trading app edges out with a perfect 5-star rating, whereas Moneta Markets holds a solid 4 stars. According to ForexBrokers.com, out of 63 brokers, OANDA ranks impressively at #7 in the Mobile Trading Apps category, compared to Moneta Markets, which stands at #36. This suggests that while both platforms offer commendable mobile experiences, OANDA has a slight upper hand in user satisfaction and feature performance.

Feature OANDA logoOANDA
Moneta Markets logoMoneta Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When it comes to market research, both OANDA and Moneta Markets cater to traders with daily market commentary and forex news from esteemed sources such as Bloomberg and Reuters. However, OANDA takes a slight edge by offering technical analysis tools from Autochartist, providing traders with advanced capabilities for understanding market trends, something Moneta Markets does not offer. In contrast, Moneta Markets equips traders with analysis resources from Trading Central, balancing the scales with its unique offerings. Both brokers, however, deliver sentiment-based trading tools, which help investors better gauge market sentiments through positions across various currency pairs.

Moving beyond tools, both OANDA and Moneta Markets feature economic calendars for keeping abreast of significant global news events. Despite the similarities, OANDA boasts a higher research rating, earning 5 out of 5 stars compared to Moneta Markets' 4 out of 5. This superior rating is backed by OANDA's impressive 5th place ranking out of 63 brokers on ForexBrokers.com for research, eclipsing Moneta Markets, which holds the 32nd spot. These rankings highlight the slight but significant advantages OANDA holds for those prioritizing in-depth market research and tools as part of their trading strategy.

Feature OANDA logoOANDA
Moneta Markets logoMoneta Markets
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No Yes
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginners looking to learn about forex and CFDs, both OANDA and Moneta Markets provide valuable educational resources. Each offers more than ten pieces of educational content, such as articles and videos, primarily focused on forex or CFDs. OANDA stands out by hosting online educational webinars for clients monthly and providing access to a searchable archive of previous webinars, a feature Moneta Markets lacks. Both platforms cater to newcomers with at least ten beginner-focused videos, easing the learning curve around trading topics.

Diving deeper into the educational offerings, OANDA also provides resources for advanced learners with at least ten specialized videos and boasts an investor dictionary that explains over 50 investing terms, which Moneta Markets does not offer. OANDA's superior educational features are reflected in its 5-star education rating and a higher rank of #22 out of 63 brokers in the Education category by ForexBrokers.com. In comparison, Moneta Markets receives a 4-star rating and ranks at #33, suggesting that while both brokers support traders in expanding their knowledge, OANDA offers a more comprehensive suite of educational tools.

Feature OANDA logoOANDA
Moneta Markets logoMoneta Markets
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 logoOANDA
Moneta Markets logoMoneta Markets
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 93 72
Range of Investments 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with OANDA or Moneta Markets?

OANDA provides the option to buy actual cryptocurrencies as well as cryptocurrency derivatives, whereas Moneta Markets only offers the ability to trade cryptocurrency derivatives, lacking the option to purchase actual cryptocurrencies.

What funding options does each broker offer?

When comparing online brokers OANDA and Moneta Markets, OANDA offers more flexible options for depositing and withdrawing funds, including ACH, SEPA transfers, PayPal, and Skrill, alongside Visa, Mastercard, and bank wire transfers, while Moneta Markets provides Visa, Mastercard, and bank wire transfers, but lacks options like ACH, SEPA transfers, PayPal, and Skrill.




announcementPlease 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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Compare

0 of 5
Overall Rating OANDA Moneta Markets
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4.5/5 Stars
Range of Investments 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 93 72
Winner check_circle
Review OANDA Review Moneta Markets Review
Broker Screenshots OANDA Moneta Markets
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation OANDA Moneta Markets
Trust Score info 93 72
Year Founded info 1996 2009
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-1 Licenses info 7 1
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) OANDA Moneta Markets
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info Yes No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info Yes No
Singapore (MAS Authorised) info Yes No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info Yes No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes info No info
Tier-2 Licenses (Trusted) OANDA Moneta Markets
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No Yes
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments OANDA Moneta Markets
Forex Trading (Spot or CFDs) info Yes info Yes
Tradeable Symbols (Total) info 3928 info 1016
Forex Pairs (Total) info 68 54
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes info Yes
Cryptocurrency (Physical) info Yes No
Cryptocurrency (Derivative) info Yes info 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 info 1.61 info 1.38 info
All-in Cost EUR/USD - Active info 1.61 info 0.79 info
Active Trader or VIP Discounts info Yes info No
Inactivity Fee info Yes No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding OANDA Moneta Markets
Minimum Deposit info $0 $50
PayPal (Deposit/Withdraw) info Yes info No
Skrill (Deposit/Withdraw) info Yes info No
Visa/Mastercard (Credit/Debit) info Yes info Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info Yes info No
Trading Platforms OANDA Moneta Markets
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes info Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes info Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No Yes
Trading Tools OANDA Moneta Markets
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 6 4
Charting - Indicators / Studies (Total) info 81 105
Charting - Drawing Tools (Total) info 431 78
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading OANDA Moneta Markets
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No Yes
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research OANDA Moneta Markets
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info Yes No
Trading Central (Recognia) info No Yes
TipRanks info No No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education OANDA Moneta Markets
Education (Forex or CFDs) info Yes Yes
Client Webinars info Yes No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs OANDA Moneta Markets
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review OANDA Review Moneta Markets Review
Overall OANDA Moneta Markets
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4.5/5 Stars
Range of Investments 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 5/5 Stars 4/5 Stars
Research 5/5 Stars 4/5 Stars
Education 4/5 Stars 3.5/5 Stars
Trust Score info 93 72
Winner check_circle
Review OANDA Review Moneta Markets Review
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