TD Ameritrade vs Moneta Markets 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 TD Ameritrade vs Moneta Markets.
Can I trust TD Ameritrade?
TD Ameritrade FX is publicly-traded, does operate a bank, and is authorised by five tier-1 regulators (Highly Trusted), zero tier-2 regulators (Trusted), zero tier-3 regulators (Average Risk), and zero tier-4 regulators (High Risk). TD Ameritrade FX is authorised by the following tier-1 regulators: Investment Industry Regulatory Organization of Canada (IIROC), Securities Futures Commission (SFC), Monetary Authority of Singapore (MAS), Financial Conduct Authority (FCA), and the Commodity Futures Trading Commission (CFTC).
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 regulator (low trust), and one Tier-4 regulator (High Risk). Moneta Markets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC).
Is TD Ameritrade good?
TD Ameritrade’s thinkorswim platform offers over 70 tradeable currency pairs alongside a plethora of impressive tools, research, and education. For traders in the U.S., TD Ameritrade provides the ultimate trading technology experience.
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.
What is the minimum deposit requirement for opening an account with TD Ameritrade?
To open a forex trading account with TD Ameritrade, you'll need to make an initial minimum deposit of $0.
What is the minimum deposit requirement for opening an account with Moneta Markets?
TD Ameritrade requires a minimum deposit of $50 before you can open an account and start trading forex.
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. TD Ameritrade offers Bank Wire (Deposit/Withdraw) for banking, whereas Moneta Markets provides Visa/Mastercard (Credit/Debit) and Bank Wire (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw)
Does TD Ameritrade or Moneta Markets 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 TD Ameritrade or Moneta Markets safer for forex and CFDs trading?
At ForexBrokers.com, we track over 100 international regulatory agencies to help you choose the most 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 TD Ameritrade holds 5 global Tier-1 licenses, while Moneta Markets holds 1. Moneta Markets holds 1 global Tier-2 licenses, while TD Ameritrade holds 0.
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 TD Ameritrade (99) earned a higher Trust Score than Moneta Markets (72).
Which trading platform is better: TD Ameritrade or Moneta Markets?
To compare the trading platforms of both TD Ameritrade and Moneta Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, TD Ameritrade offers a better experience. With research, TD Ameritrade offers superior market research. Finally, we found TD Ameritrade to provide better mobile trading apps.
Here’s what trading platforms are available at TD Ameritrade:
- Proprietary Platform - Yes
- Web Platform - Yes
- cTrader - No
- DupliTrade - No
- MT4 - No
- MT5 - No
- ZuluTrade - No
- TradingView - No
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
What about MetaTrader? How about copy trading?
The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Neither broker offers Meta Trader. Forex traders also appreciate the ability to engage in social copy trading. Copy trading is not offered by either broker.
What can I trade with each broker?
TD Ameritrade provides traders 73 currency pairs (e.g., EUR/USD) compared to Moneta Markets's 54 available pairs. If you are interested in trading CFDs, Moneta Markets offers traders access to 1016 CFDs, while TD Ameritrade offers access to 0 CFDs; so Moneta Markets offers 1016 more CFDs than TD Ameritrade.
We found in our testing that Moneta Markets offers a more diverse selection of investment options than TD Ameritrade, allowing you to trade Forex Trading (Spot or CFDs) and Int'l Stock Trading (Non CFD). Neither have Cryptocurrency (Physical) and Spread Betting.
Overall winner: TD Ameritrade
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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.