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Moneta Markets vs tastyfx 2024

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Written by ForexBrokers.com

August 29, 2023

Is Moneta Markets better than tastyfx? In our analysis of 23 international regulators across 62 of the best forex brokers, Moneta Markets is considered Average-Risk, with an overall Trust Score of 72 out of 99. tastyfx is considered Highly Trusted, with an overall Trust Score of 99 out of 99. Learn more about Trust Score.

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Compare

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Overall Rating Moneta Markets tastyfx
Overall Rating info 4/5 Stars 5/5 Stars
Commissions & Fees 4.5/5 Stars 5/5 Stars
Offering of Investments 4/5 Stars 5/5 Stars
Platform & Tools 4/5 Stars 5/5 Stars
Mobile Trading 4/5 Stars 5/5 Stars
Research 4/5 Stars 5/5 Stars
Education 3.5/5 Stars 5/5 Stars
Trust Score info 72 99
Winner check_circle
Review Moneta Markets Review tastyfx Review
Broker Screenshots Moneta Markets tastyfx
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 Moneta Markets tastyfx
Trust Score info 72 99
Year Founded info 2009 1974
Publicly Traded (Listed) info No Yes
Bank info No Yes
Regulated in one or more EU or EEA countries (MiFID). info No info Yes
Tier-1 Licenses info 1 8
Tier-2 Licenses info 1 2
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) Moneta Markets tastyfx
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No Yes
Singapore (MAS Authorised) info No Yes
Switzerland (FINMA Authorised) info No Yes
United Kingdom (U.K.) (FCA Authorised) info No Yes
USA (CFTC Authorized) info No Yes
New Zealand (FMA Authorised) info No Yes
Regulated in one or more EU or EEA countries (MiFID). info No info Yes
Tier-2 Licenses (Trusted) Moneta Markets tastyfx
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA/Central Bank Authorised) info No Yes
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Moneta Markets tastyfx
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1016 19537
Forex Pairs (Total) info 54 97
U.S. Stock Trading (Non CFD) info No Yes
Int'l Stock Trading (Non CFD) info No Yes
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 tastyfx
Average Spread EUR/USD - Standard info 1.38 info 0.98
All-in Cost EUR/USD - Active info 0.79 info 0.82
Active Trader or VIP Discounts info No Yes
Inactivity Fee info No Yes
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes Yes
Funding Moneta Markets tastyfx
Minimum Deposit info $50 $250.00
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No No
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No Yes
Trading Platforms Moneta Markets tastyfx
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes No
cTrader info No No
DupliTrade info No No
ZuluTrade info Yes No
Trading Tools Moneta Markets tastyfx
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 4 5
Charting - Indicators / Studies (Total) info 105 33
Charting - Drawing Tools (Total) info 78 20
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Moneta Markets tastyfx
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 Yes Yes
Mobile Charting - Indicators / Studies info 30 33
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 Moneta Markets tastyfx
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info Yes No
TipRanks info No Yes
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Moneta Markets tastyfx
Education (Forex or CFDs) info Yes Yes
Client Webinars info No Yes
Client Webinars (Archived) info No Yes
Videos - Beginner Trading Videos info Yes Yes
Videos - Advanced Trading Videos info Yes Yes
Investor Dictionary (Glossary) info No Yes
Major Forex Pairs Moneta Markets tastyfx
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 Moneta Markets Review tastyfx Review
Overall Moneta Markets tastyfx
Overall Rating info 4/5 Stars 5/5 Stars
Commissions & Fees 4.5/5 Stars 5/5 Stars
Offering of Investments 4/5 Stars 5/5 Stars
Platform & Tools 4/5 Stars 5/5 Stars
Mobile Trading 4/5 Stars 5/5 Stars
Research 4/5 Stars 5/5 Stars
Education 3.5/5 Stars 5/5 Stars
Trust Score info 72 99
Winner check_circle
Review Moneta Markets Review tastyfx Review
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Moneta Markets vs tastyfx Comparison

We’ve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. That same research and data powers our broker comparisons. Let's compare Moneta Markets vs tastyfx.

Can I trust Moneta Markets?

Moneta Markets is not publicly traded and does not operate a bank. Moneta Markets is authorised by one Tier-1 regulator (high trust), one Tier-2 regulator (average trust), zero Tier-3 regulators (low trust), and one Tier-4 regulator (High Risk). Moneta Markets is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC).

Can I trust tastyfx?

tastyfx's parent company, IG, is a publicly traded company, operates a regulated bank, and is authorised by eight Tier-1 regulators (Highly Trusted), two Tier-2 regulators (Trusted), zero Tier-3 regulators (Average Risk), and one Tier-4 regulator (High Risk). IG is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC), Japanese Financial Services Authority (JFSA), Monetary Authority of Singapore (MAS), Swiss Financial Market Supervisory Authority (FINMA), Financial Conduct Authority (FCA), Financial Markets Authority (FMA), and the Commodity Futures Trading Commission (CFTC), and regulated in the European Union via the MiFID passporting system.

Is Moneta Markets good?

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.

Is tastyfx good?

tastyfx, the US arm of IG's forex business, offers the ultimate comprehensive trading package, featuring excellent trading and research tools, industry-leading education, and an extensive range of tradeable markets.

What is the minimum deposit requirement for opening an account with Moneta Markets?

To open a trading account with Moneta Markets, you'll need to make an initial minimum deposit of $50.

What is the minimum deposit requirement for opening an account with tastyfx?

tastyfx requires a minimum deposit of $250.00 before you can open an account and start trading.

What funding options does each broker offer?

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Moneta Markets offers Visa/Mastercard (Credit/Debit) and Bank Wire (Deposit/Withdraw) for banking, whereas tastyfx provides Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw) and PayPal (Deposit/Withdraw). Neither have Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw).

Does Moneta Markets or tastyfx offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Moneta Markets offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

Is Moneta Markets or tastyfx safer for forex and CFDs trading?

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that tastyfx holds 8 global Tier-1 licenses, while Moneta Markets holds 1. tastyfx holds 2 global Tier-2 licenses, while Moneta Markets holds 1.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that tastyfx (99) earned a higher Trust Score than Moneta Markets (72).

Which trading platform is better: Moneta Markets or tastyfx?

To compare the trading platforms of both Moneta Markets and tastyfx, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Moneta Markets offers a better experience. With research, Moneta Markets offers superior market research. Finally, we found Moneta Markets to provide better mobile trading apps.

Here’s what trading platforms are available at Moneta Markets:

  • Proprietary Platform - No
  • Web Platform - Yes
  • cTrader - No
  • DupliTrade - No
  • MT4 - Yes
  • MT5 - Yes
  • ZuluTrade - Yes
  • TradingView - Yes

Here’s what trading platforms are available at tastyfx:

  • Proprietary Platform - Yes
  • Web Platform - Yes
  • cTrader - No
  • DupliTrade - No
  • MT4 - Yes
  • MT5 - No
  • ZuluTrade - No
  • TradingView - No

What about MetaTrader? How about copy trading?

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both Moneta Markets and tastyfx offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. While Moneta Markets offers copy trading, tastyfx does not.

What can I trade with each broker?

tastyfx provides traders 97 currency pairs (e.g., EUR/USD) compared to Moneta Markets's 54 available pairs. If you are interested in trading a full range of securities, tastyfx offers traders access to 19537 tradeable symbols, while Moneta Markets offers access to 1016 tradeable symbols; so tastyfx offers 18521 more tradeable symbols than Moneta Markets.

We found in our testing that Moneta Markets offers a more diverse selection of investment options than tastyfx, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative) and Social Trading / Copy Trading. Neither have Cryptocurrency (Physical).

Overall winner: Moneta Markets

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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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