Written by ForexBrokers.com
In this head to head comparison of Tickmill 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.
Tickmill, founded in 2014, has solidified its position in the online brokerage sector by securing a ForexBrokers.com Trust Score of 86 out of 99. This places Tickmill in the trusted category, as it holds two Tier-1 licenses and two Tier-2 licenses, reflecting its commitment to adhering to stringent regulatory standards. Not publicly traded or operating as a bank, it nonetheless offers a trusted platform for traders seeking reliability.
Established in 2009, Moneta Markets also operates without being publicly listed or as a bank. It holds one Tier-1 license and one Tier-2 license, earning a Trust Score of 79. While this score is at the high end of the average risk category according to ForexBrokers.com, Moneta Markets continues to provide a substantial trading environment. Both Tickmill and Moneta Markets offer well-regulated options for traders, each with unique strengths in security and trust.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Tickmill and Moneta Markets offer diverse options for traders, particularly in terms of commissions and fees. Tickmill caters to active traders with its Classic and Raw accounts. The Classic account is commission-free, requiring only the payment of the bid/ask spread, which averages 1.76 pips as of August 2023. The Raw account, replacing the Pro account, now charges an increased commission of $3 per side or $6 per standard lot. Despite this hike, the Raw account remains competitive with average spreads of 0.11 pips for EUR/USD, resulting in an all-in cost of 0.71 pips when the commission is considered. Rated 5 stars and ranked #4 out of 63 brokers by ForexBrokers.com, Tickmill is highly recommended for its favorable trading conditions, particularly for those who favor algorithmic trading, thanks to its minimal $100 entry requirement.
On the other hand, Moneta Markets presents three account types: Direct STP, Moneta Prime ECN, and Ultra ECN. The Direct STP account is commission-free but features higher average spreads of 1.38 pips for the EUR/USD pair (August 2023). The Prime ECN account, with an average spread of 0.194 pips and a commission of $3 per side for each 100,000 units, results in an all-in cost of about 0.79 pips. The Ultra ECN account offers an even lower commission of $2 per round-trip for those depositing $20,000 or more. However, its pricing strategy is yet to outshine the leading forex brokers. Moneta Markets holds a 4.5-star rating and ranks #16 among 63 brokers according to ForexBrokers.com.
In summary, while Tickmill excels with its competitive fees and minimal deposit requirement, Moneta Markets provides flexible account options with the added benefit of potentially lower commissions for high deposit accounts. Depending on your trading style and budget, both brokers offer unique selling points to consider.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | 1.70 | 1.38 |
| All-in Cost EUR/USD - Active | 0.70 | 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 Tickmill and Moneta Markets for their range of investment options, both brokers provide forex trading as a contract for difference (CFD) or spot contract. Tickmill offers more tradeable forex pairs with a total of 63, compared to Moneta Markets' 45 pairs. However, Moneta Markets boasts a broader overall range with 1,016 tradeable symbols, surpassing Tickmill's 637 symbols. Neither broker provides direct access to exchange-traded securities on U.S. or international exchanges, which means stocks like Apple or Vodafone aren't available for direct purchase.
Both Tickmill and Moneta Markets support copy trading and offer cryptocurrency derivatives, although they do not facilitate the purchase of actual cryptocurrencies. When looking at ratings and rankings, Moneta Markets edges out Tickmill with a 4-star rating for the Range of Investments, while Tickmill is rated at 3.5 stars. According to ForexBrokers.com, Moneta Markets ranks 35th out of 63 brokers in the Range of Investments category, whereas Tickmill is ranked 42nd. This indicates a slightly wider variety of investment opportunities available with Moneta Markets.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 637 | 1016 |
| Forex Pairs (Total) | 63 | 45 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | 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). | 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.
Both Tickmill and Moneta Markets provide traders with extensive options for trading platforms and tools. Each broker supports paper trading through virtual demo accounts, allowing traders to practice without risk. Neither broker offers a proprietary trading platform; however, both provide access to industry standards like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), available on Windows and web-based platforms. While both brokers support copy trading, only Moneta Markets includes DupliTrade, enhancing its range of copy-trading features. Both brokers allow trades directly from stock charts, accommodating ease of use for active traders.
Tickmill boasts more extensive customization with seven watch list columns compared to Moneta Markets' four. However, Moneta Markets provides a greater selection of charting tools, offering 78 drawing tools to Tickmill's nine. Despite these differences, both brokers receive a four-star rating for their trading platforms and tools. Ranking among 63 brokers, Tickmill holds the 29th position, while Moneta Markets is placed at 33rd, reflecting their similar yet competitively distinct offerings in the trading tools market.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| 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 |
| DupliTrade | No | Yes |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 91 | 105 |
| Charting - Drawing Tools (Total) | 9 | 78 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Tickmill and Moneta Markets offer user-friendly mobile apps available for iPhone and Android users. Each app provides real-time stock and forex price alerts along with comprehensive charting tools featuring 30 technical studies. Users can draw trendlines and view multiple time frames, such as daily or weekly, directly from their mobile device. Additionally, both apps conveniently auto-save any drawings made on charts. Whether you're trading stocks or forex, these features allow for flexible and informed decision-making on the go.
While both platforms enable the creation of watchlists with real-time quotes, Moneta Markets goes a step further by offering watchlist symbol syncing, allowing changes made in the app to reflect automatically in the user's online account. However, in overall ratings, Tickmill stands slightly ahead, ranked #29 compared to Moneta Markets at #35 out of 63 brokers, based on ForexBrokers.com's ratings. Both apps share a solid four-star rating, making either a commendable choice for mobile trading.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both Tickmill and Moneta Markets provide traders with essential tools for staying informed on market trends. They offer daily market commentary and access to forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. While both brokers provide a sentiment-based tool to analyze market positions, Moneta Markets distinguishes itself by offering technical analysis tools from Trading Central, which Tickmill lacks. Conversely, Tickmill offers research tools from Acuity Trading, a feature not available with Moneta Markets. Both platforms present an economic calendar to stay updated on global events, giving traders comprehensive resources to plan their strategies.
In terms of research, both brokers receive a solid four-star rating, indicating a strong offering to their users. Despite this, there are differences in rankings; Tickmill holds the 21st position among 63 brokers reviewed by ForexBrokers.com, while Moneta Markets takes the 32nd spot. This difference in ranking highlights Tickmill's slightly higher standing in the competitive landscape of market research offerings. Overall, the choice between these two will depend on which specific tools are more beneficial to the trader’s strategy.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing Tickmill and Moneta Markets unveils a promising picture for beginners keen on delving into forex or CFDs. Both brokers excel in furnishing plentiful educational content tailored for novice traders, with over ten pieces of instructional material, such as articles and videos, available that focus primarily on forex or CFDs. These learning resources are well-suited to guide beginners through the initial stages of trading. However, Tickmill further enriches the learning experience with monthly educational webinars, an offering that Moneta Markets unfortunately lacks. Both brokers maintain an accessible archive of these materials, ensuring past webinars are available for future reference.
Tickmill and Moneta Markets ensure a supportive learning environment with a collection of over ten beginner-focused trading videos, paired with advanced videos for more seasoned traders, maintaining a comprehensive learning path regardless of skill level. Furthermore, both platforms provide an investor dictionary with over 50 terms, enhancing an understanding of industry jargon. Despite both receiving a four-star rating for educational offerings, Tickmill edges slightly ahead, ranked 15th by ForexBrokers.com for educational provision, compared to Moneta Markets, which holds the 33rd spot. This reflects Tickmill's slight upper hand in educational resources in this comparative realm.
| Feature |
Tickmill
|
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) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Tickmill is better than Moneta Markets. Tickmill finished with an overall rank of #22, while Moneta Markets finished with an overall rank of #35.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 86 | 79 |
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Both Tickmill and Moneta Markets do not offer actual delivered cryptocurrency purchases, but they both provide the ability to trade cryptocurrency derivatives instead.
When comparing online brokers Tickmill and Moneta Markets, both offer bank wire and card options like Visa and Mastercard for deposits and withdrawals, but only Tickmill supports PayPal and Skrill, whereas neither supports ACH or SEPA transfers.
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 | Tickmill | Moneta Markets | |
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| Trust Score | 86 | 79 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Moneta Markets Review |
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| Regulation | Tickmill | Moneta Markets | |
|---|---|---|---|
| Trust Score | 86 | 79 | |
| Year Founded | 2014 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | Moneta Markets | |
|---|---|---|---|
| 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 | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Tickmill | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Tickmill | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 637 | 1016 | |
| Forex Pairs (Total) | 63 | 45 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | 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). | 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 | Tickmill | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.70 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.70 | 0.79 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $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 | Tickmill | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| 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 | |
| DupliTrade | No | Yes | |
| ZuluTrade | No | No |
| Trading Tools | Tickmill | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 4 | |
| Charting - Indicators / Studies (Total) | 91 | 105 | |
| Charting - Drawing Tools (Total) | 9 | 78 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | Moneta Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Tickmill | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | 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) | Yes | Yes |
| Major Forex Pairs | Tickmill | 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 | Tickmill Review | Moneta Markets Review |
| Overall | Tickmill | Moneta Markets | |
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| Trust Score | 86 | 79 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Moneta Markets Review |
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