Written by ForexBrokers.com
In this head to head comparison of Moneta Markets vs Octa, 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 Octa, both established investment platforms, cater to online trading enthusiasts. Moneta Markets was founded in 2009, while Octa started operations in 2011. Neither company is a public entity nor operates as a bank. Both brokers possess one Tier-1 license and one Tier-2 license, indicating a level of regulatory approval that aligns with being considered trusted. However, significant differences in their Trust Scores from ForexBrokers.com suggest variations in perceived reliability, with Moneta Markets scoring a 79, reflective of average risk, compared to Octa's score of 72, which is also regarded as average risk.
This information highlights key elements that may influence a trader's choice between these brokers, taking into account factors like trust and longevity in the marketplace. The similar regulatory standards, evidenced by their licenses, ensure a degree of integrity. Nevertheless, for traders seeking a somewhat higher degree of reassurance, Moneta Markets might appear more appealing due to its slightly higher Trust Score. While both brokers are viable options, a trader’s preference might hinge on their comfort with these trust metrics and the established histories of both platforms.
| Feature |
Moneta Markets
|
Octa
|
|---|---|---|
| Year Founded | 2009 | 2011 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Moneta Markets and Octa take different tacks on commissions and fees. Moneta Markets offers three accounts: a spread-only Direct STP option averaging 1.38 pips on EUR/USD (August 2023), the Prime ECN with 0.194-pip average spreads plus a $6 round-trip commission per standard lot for an all-in cost near 0.79 pips, and the Ultra ECN with tighter spreads and a low $2 round-trip commission that requires a $20,000 deposit. Moneta’s ECN pricing can be attractive if you qualify for Ultra, while the STP account is simpler but carries higher spreads; overall, it still trails the very cheapest brokers.
Octa’s pricing depends on the entity where your account is held. In the EU, the EUR/USD average spread is listed at 0.5 pips, while foreign entities show about 0.9 pips—though Octa does not provide date ranges for these figures. Octa also advertises no slippage on 97.5% of orders and no overnight carry costs, but some trading restrictions may limit high-frequency strategies. Pricing has improved and can keep pace with lower-cost MetaTrader brokers, but the lack of dated spread data makes exact comparisons harder.
Bottom line: choose Moneta Markets if you want known, low all-in costs on ECN pricing—especially the Ultra ECN if you meet the deposit—while Octa appeals if you value no overnight fees and minimal slippage, and you’re comfortable with entity-based variability. Ratings: Moneta Markets earns 4.5/5 stars for commissions and fees and ranks #17 of 63; Octa earns 4/5 stars and ranks #30 of 63.
| Feature |
Moneta Markets
|
Octa
|
|---|---|---|
| Minimum Deposit | $50 | $25 |
| Average Spread EUR/USD - Standard | 1.38 | 0.9 |
| All-in Cost EUR/USD - Active | 0.79 | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing the range of investments, Moneta Markets offers a wider selection overall with 1,016 tradeable symbols, including 45 forex pairs, while Octa lists 300 symbols with 35 forex pairs. Both brokers support forex trading (CFDs or spot, depending on what’s available) and provide copy trading. For share dealing, neither broker offers direct access to U.S.-listed stocks; however, Octa does offer direct, exchange-traded international shares (not CFDs), whereas Moneta Markets does not. In crypto, both brokers let you trade cryptocurrency via derivatives but do not offer the ability to buy actual coins.
For breadth of markets, Moneta Markets earns 4 stars and ranks #36 out of 63 brokers for Range of Investments, compared with Octa’s 3.5 stars and #53 ranking. Choose Moneta Markets if you want a larger list of symbols and more forex pairs; consider Octa if accessing international exchange-traded shares (non-U.S.) is important to you.
| Feature |
Moneta Markets
|
Octa
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1016 | 300 |
| Forex Pairs (Total) | 45 | 35 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | 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 vs Octa: both brokers offer a free demo account for paper trading, let you trade on Windows desktop and via a web-based platform, support copy trading, and allow trading directly from charts. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). A key difference is that Octa also provides its own proprietary platform, while Moneta Markets relies on third-party platforms. Details such as DupliTrade and ZuluTrade availability, the number of built-in indicators and drawing tools, and watchlist fields were not specified.
For Trading Platforms and Tools, both brokers earn 4 stars. According to ForexBrokers.com, Moneta Markets ranks #34 out of 63 brokers, while Octa ranks #38. If you want the option to use a broker’s in-house platform alongside MT4/MT5, Octa has the edge. If you prefer sticking with MetaTrader across desktop and web with copy trading and chart trading covered, Moneta Markets delivers a similar experience.
| Feature |
Moneta Markets
|
Octa
|
|---|---|---|
| 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 |
| Charting - Indicators / Studies (Total) | 105 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Moneta Markets vs Octa: both brokers offer mobile trading apps for iPhone and Android, complete with stock and forex price alerts and real-time quote watchlists. Charting tools are similar on both apps, with 30 technical studies, the ability to draw trendlines, and auto-saving for your drawings—handy when you switch screens or revisit a chart later.
The key difference is watchlist syncing. Moneta Markets syncs watchlists between the mobile app and your online account, while Octa does not. That convenience, plus its slightly better placement in ForexBrokers.com’s rankings (#36 vs Octa’s #37 out of 63), gives Moneta Markets a small edge. Both apps earn 4 out of 5 stars, so if syncing across devices matters to you, Moneta is the safer pick; if not, Octa delivers a comparable mobile charting experience.
| Feature |
Moneta Markets
|
Octa
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Moneta Markets and Octa both cover the basics of market research well: daily market commentary, an economic calendar highlighting upcoming events, and forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones. Each broker earns a 4-star Research rating from ForexBrokers.com. In the Research category ranking out of 63 brokers, Octa sits higher at #27, while Moneta Markets is #33.
Toolsets differ. Octa includes Autochartist for pattern and setup ideas, while Moneta Markets counters with Trading Central plus an in-platform sentiment gauge that shows the long-versus-short split across instruments—features Octa does not provide. Neither broker offers TipRanks or Acuity Trading tools. If you value Autochartist, Octa may appeal; if Trading Central insights and trader sentiment matter more, Moneta Markets has the edge.
| Feature |
Moneta Markets
|
Octa
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Client sentiment data | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Moneta Markets vs Octa for beginner education: both brokers provide a strong starting point with at least 10 beginner-focused trading videos, plus 10 or more advanced videos for when you’re ready to go deeper. Each earns 4 out of 5 stars for education. A key difference is live learning: Octa hosts ongoing client webinars (at least one per month), while Moneta Markets does not offer monthly webinars.
Details weren’t specified about whether either broker provides a broader forex/CFD education library beyond videos, a searchable archive of past webinars, or an investor dictionary with 50+ terms. In ForexBrokers.com’s Education category, Moneta Markets ranks 33rd out of 63 brokers, while Octa ranks 42nd. If live webinars matter to you, Octa has the edge; if you prefer on-demand videos, both are solid choices for beginners.
| Feature |
Moneta Markets
|
Octa
|
|---|---|---|
| Webinars | No | Yes |
| 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 Moneta Markets is better than Octa. Moneta Markets finished with an overall rank of #35, while Octa finished with an overall rank of #47.
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
|
Octa
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 79 | 72 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both Moneta Markets and Octa do not allow the purchase of actual (delivered) cryptocurrencies but do offer the ability to trade cryptocurrency derivatives.
Moneta Markets vs Octa: for deposits and withdrawals, neither broker supports ACH or SEPA nor PayPal, both allow bank wire transfers, Octa additionally accepts Skrill while Moneta Markets does not, and Visa/Mastercard availability is not specified for either.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Moneta Markets | Octa | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 79 | 72 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review | Octa Review |
| Broker Screenshots | Moneta Markets | Octa | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | Moneta Markets | Octa | |
|---|---|---|---|
| Trust Score | 79 | 72 | |
| Year Founded | 2009 | 2011 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Moneta Markets | Octa | |
|---|---|---|---|
| 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) | |||
| 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 | Octa | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Moneta Markets | Octa | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1016 | 300 | |
| Forex Pairs (Total) | 45 | 35 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | 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 | Octa | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.38 | 0.9 | |
| All-in Cost EUR/USD - Active | 0.79 | N/A | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Moneta Markets | Octa | |
|---|---|---|---|
| Minimum Deposit | $50 | $25 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Moneta Markets | Octa | |
|---|---|---|---|
| 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 |
| Trading Tools | Moneta Markets | Octa | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 105 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Moneta Markets | Octa | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Mobile Watchlists - Syncing | Yes | No | |
| 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 | Moneta Markets | Octa | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Moneta Markets | Octa | |
|---|---|---|---|
| Webinars | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes |
| Major Forex Pairs | Moneta Markets | Octa | |
|---|---|---|---|
| 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 [DELETED] | |||
| Review | Moneta Markets Review | Octa Review |
| Overall | Moneta Markets | Octa | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 79 | 72 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review | Octa Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill