Written by ForexBrokers.com
In this head to head comparison of Plus500 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.
When considering the reliability of an online trading platform, Plus500 and Moneta Markets offer distinct differences. Founded in 2008, Plus500 stands out as a highly trusted choice with a ForexBrokers.com Trust Score of 99. It's a publicly traded company, which adds an extra layer of transparency for users, even though it's not a bank. Plus500 holds six Tier-1 licenses and three Tier-2 licenses, making it a stable option for traders seeking assurance in their online broker.
On the other hand, Moneta Markets, established in 2009, presents a moderate level of trust with a ForexBrokers.com Trust Score of 71. Although it is not listed on any stock exchange and holds no Tier-1 licenses, it does possess one Tier-2 license. While Moneta Markets provides essential trading services, individuals seeking higher security levels may prefer exploring Plus500 given its superior licensing and trustworthiness ratings.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2008 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 6 | 0 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing commissions and fees between Plus500 and Moneta Markets, Plus500's costs are slightly higher than the industry average. The broker does not offer retail clients discounts but provides cash rebates for those qualifying as Professional clients. For the popular EUR/USD pair, the average spread at Plus500 was 1.5 pips in April 2024, which is above the industry average. Plus500 is rated 4.0 stars for commissions and fees and is ranked #23 out of 63 brokers by ForexBrokers.com.
Moneta Markets offers three account types, each with varying costs. The commission-free Direct STP account carries higher spreads, averaging 1.38 pips for the EUR/USD pair as of August 2023. On the other hand, the Prime ECN account offers a lower average spread of 0.194 pips, with a $3 commission per side for every 100,000 units traded, leading to an all-in cost of about 0.79 pips—slightly below the industry average. The Ultra ECN account features an even lower commission of $2 per round-trip for a $20,000 deposit. Moneta Markets receives a higher rating of 4.5 stars for their pricing and sits at #16 in the category ranking.
Overall, Moneta Markets provides more competitive pricing options, particularly for traders opting for commission-based accounts like the Ultra ECN. For slight savings and potentially lower trading costs, seasoned traders with the necessary capital might find Moneta Markets more appealing, precisely due to its lower fees and better rankings. In contrast, Plus500 remains competitive but falls short of the pricing plans of some industry leaders.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | €50 | $50 |
| Average Spread EUR/USD - Standard | 1.3 | 1.38 |
| All-in Cost EUR/USD - Active | 1.3 | 0.79 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | 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 Plus500 and Moneta Markets, both brokers provide forex trading via CFDs, allowing users to engage with this popular market. Plus500 stands out with its extensive lineup of 5,500 tradeable symbols and offers 65 forex pairs, whereas Moneta Markets offers 1,016 tradeable symbols and 45 forex pairs. An advantage of choosing Plus500 is the option to invest in exchange-traded securities on U.S. and international exchanges, such as Apple (NASDAQ: AAPL) and Vodafone (VOD-L), respectively. On the other hand, Moneta Markets does not provide access to such securities. Moreover, neither platform allows the purchase of actual cryptocurrencies, though they both support cryptocurrency derivatives.
While Plus500 lacks a copy trading feature, it excels with a higher rating of 4.5 stars for its range of investments, reflecting its broad selection of tradeable assets. Moneta Markets offers copy trading but receives a slightly lower rating of 4 stars. In terms of overall rankings, Plus500 achieves a position of 21st out of 63 brokers for its range of investments, compared to Moneta Markets at 35th. This indicates Plus500's comprehensive offering may be more appealing for investors looking for a wide variety of opportunities.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 1016 |
| Forex Pairs (Total) | 65 | 45 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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.
When comparing the trading platforms and tools of Plus500 and Moneta Markets, each offers unique features to suit different trading preferences. Plus500 provides a proprietary, web-based trading platform, allowing users to experience the convenience of trading directly through their browser. Known for its user-friendly interface, Plus500 also offers a free virtual demo account for new traders to practice their strategies. However, it does not support copy trading or popular platforms such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Plus500 offers 36 drawing tools for charting but lacks the ability to trade directly from a stock chart.
In contrast, Moneta Markets facilitates trading with a web-based platform and a Windows-based desktop application, highlighting its flexibility. Traders can enjoy the benefits of copy trading and the widespread MetaTrader suite, including MT4 and MT5, making it appealing for traders familiar with those platforms. Moneta Markets also supports DupliTrade, enhancing its appeal for automated and socially-driven trading. Though it offers fewer columns for watch lists compared to Plus500, Moneta Markets provides an impressive 78 drawing tools and the capability to trade directly from stock charts. Both brokers provide valuable options, though Plus500 slightly edges out with a higher ranking and star rating for its trading platforms and tools.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | Yes |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 115 | 105 |
| Charting - Drawing Tools (Total) | 36 | 78 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 10 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Plus500 and Moneta Markets, both platforms offer apps for iPhone and Android, as well as features such as stock and forex price alerts, and watchlist symbol syncing across devices. They each allow users to draw trendlines and view various time frames on charts. Real-time quotes for watchlists are also available on both apps. Plus500 stands out with a larger selection of technical studies for charting, offering 115 compared to Moneta Markets' 30. However, while Plus500 does not auto-save drawings on charts, Moneta Markets does, providing a bit more convenience in this area.
In terms of user satisfaction, Plus500 is rated 4.5 out of 5 stars for its mobile trading capabilities, whereas Moneta Markets is rated 4 stars. According to ForexBrokers.com, Plus500 holds a higher ranking, landing at #14 out of 63 brokers for mobile trading apps, whereas Moneta Markets is ranked #35. These factors may influence traders depending on their priorities for an intuitive and feature-rich mobile trading experience.
| Feature |
Plus500
|
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 | 115 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
For traders seeking insights through daily market commentary, both Plus500 and Moneta Markets provide this service. However, when it comes to forex news from elite sources like Bloomberg or Reuters, Moneta Markets pulls ahead by offering updates from these top-tier newsgroups, a feature that Plus500 lacks. In the technical and fundamental research arena, both brokers offer tools from Trading Central to assist traders, but neither provides resources from Autochartist or Acuity Trading. Traders at both platforms get sentiment analysis tools that reveal trends in long or short positions across various instruments. While neither broker features market research from TipRanks, they both deliver comprehensive global economic calendars to keep traders informed of important events worldwide.
When evaluating research offerings overall, Plus500 and Moneta Markets both earn a commendable 4-star rating. However, in the competitive landscape of 63 brokers assessed by ForexBrokers.com, Plus500 stands ahead at rank #19, whereas Moneta Markets is positioned at #32. This suggests that Plus500 edges out Moneta Markets slightly in its research capabilities, offering a more recognized suite of tools and insights to its users.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | 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.
Choosing between Plus500 and Moneta Markets for beginner trading education requires a look at what each broker provides. Both platforms offer a variety of resources, such as articles, videos, and archived webinars, that cater to those interested in learning about forex and CFDs. However, Plus500 stands out by hosting online educational webinars at least once a month, a feature Moneta Markets doesn't offer. Both brokers provide a searchable archive of past webinars and have a comprehensive selection of videos for both beginners and advanced traders.
When it comes to additional educational tools, Moneta Markets provides an investor dictionary with over 50 investing terms, a feature lacking in Plus500’s offerings. Both platforms receive a 4 out of 5-star rating for their educational resources, with Plus500 ranked slightly higher at #31 compared to Moneta Markets at #33 by ForexBrokers.com. This analysis suggests that while both brokers offer substantial educational content for beginners, the choice may depend on whether the presence of regular webinars or additional learning materials like an investor dictionary is more valuable to your trading education needs.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Plus500 is better than Moneta Markets. Plus500 finished with an overall rank of #14, while Moneta Markets finished with an overall rank of #35.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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Both Plus500 and Moneta Markets do not provide the option to purchase actual cryptocurrency, focusing instead on offering cryptocurrency derivatives to their users.
When comparing the deposit and withdrawal options between Plus500 and Moneta Markets, Plus500 stands out by offering PayPal and Skrill in addition to Visa, Mastercard, and bank wires, whereas Moneta Markets only provides Visa, Mastercard, and bank wires without ACH, SEPA, PayPal, or Skrill support.
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 | Plus500 | Moneta Markets | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Moneta Markets Review |
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| Regulation | Plus500 | Moneta Markets | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 2008 | 2009 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 6 | 0 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | No | |
| Singapore (MAS Authorised) | Yes | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Plus500 | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | Yes | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Plus500 | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 1016 | |
| Forex Pairs (Total) | 65 | 45 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 | Plus500 | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | 1.38 | |
| All-in Cost EUR/USD - Active | 1.3 | 0.79 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | €50 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | 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 | Plus500 | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | Yes | |
| ZuluTrade | No | No |
| Trading Tools | Plus500 | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 4 | |
| Charting - Indicators / Studies (Total) | 115 | 105 | |
| Charting - Drawing Tools (Total) | 36 | 78 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | 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 | 115 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Plus500 | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | Moneta Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Plus500 | Moneta Markets | |
|---|---|---|---|
| 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 | Plus500 Review | Moneta Markets Review |
| Overall | Plus500 | Moneta Markets | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Moneta Markets Review |
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