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Home ‣ Compare ‣ Moneta Markets vs TopFX 2025

Moneta Markets vs TopFX 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Moneta Markets vs TopFX, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Moneta Markets
4/5 Stars Overall
  • Minimum Deposit: $50
  • Trust Score: 79
  • Tradeable Symbols (Total): 1016
TopFX
3.5/5 Stars Overall
  • Minimum Deposit: Depends on payment method
  • Trust Score: 67
  • Tradeable Symbols (Total): 655

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.

Regulation

Moneta Markets and TopFX are both well-established online brokers founded in the late 2000s, with Moneta Markets being established in 2009 and TopFX following in 2010. Neither company is publicly traded or operates as a bank. Moneta Markets holds one Tier-1 and one Tier-2 license, indicating a strong regulatory framework, while TopFX holds one Tier-1 license but no Tier-2 license. These licenses point to a reliable status under the ForexBrokers.com ratings, with Moneta Markets scoring a 79, which categorizes it as having average risk, whereas TopFX scores a 67, suggesting a higher risk profile.

Feature Moneta Markets logoMoneta Markets
TopFX logoTopFX
Year Founded info 2009 2010
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 1 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

Comparing commissions and fees, Moneta Markets earns 4.5 out of 5 stars and ranks #17 out of 63 for this category at ForexBrokers.com, while TopFX scores 4 out of 5 stars and ranks #41 out of 63. Both offer a spread-only account alongside a commission-based option, but their pricing structures and entry requirements differ.

Moneta Markets: The commission-free Direct STP account averaged 1.38 pips on EUR/USD in August 2023. Its Prime ECN account averaged 0.194 pips plus a $3 per side commission ($6 round turn) per 100,000 units, for an all-in cost around 0.79 pips—slightly below the industry average. The Ultra ECN tier lowers commission to $2 per round turn ($1 per side) with tighter spreads, but requires a $20,000 deposit. Overall, pricing is competitive, though not the very lowest.

TopFX: The ZERO account is commission-free with higher average spreads of 1.03 pips on EUR/USD (July 2024). The RAW account charges 2.75 EUR per side (5.50 EUR round turn) and averaged 0.33 pips; the commission equals about 0.55 pips per round turn, bringing the all-in to roughly 0.88 pips—around the industry average. Minimum deposit depends on your payment method, and both account types are available on MetaTrader and cTrader.

Feature Moneta Markets logoMoneta Markets
TopFX logoTopFX
Minimum Deposit info $50 Depends on payment method
Average Spread EUR/USD - Standard info 1.38 info 1.03 info
All-in Cost EUR/USD - Active info 0.79 info 0.88 info
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Moneta Markets vs TopFX: Both brokers support forex trading as CFDs or spot contracts. Moneta Markets lists 1,016 tradeable symbols, while TopFX offers 655. When it comes to forex pairs, TopFX leads with 60 pairs compared with 45 at Moneta Markets. Both platforms support copy trading. Neither broker provides exchange-traded U.S. or international shares (you can’t buy actual Apple or Vodafone stock).

For digital assets, neither broker lets you buy delivered cryptocurrency, but both offer cryptocurrency derivatives. Based on ForexBrokers.com’s Range of Investments scoring, Moneta Markets holds 4 stars and ranks #36 out of 63, while TopFX earns 3.5 stars and ranks #47. In short, Moneta Markets offers a bigger overall instrument list, whereas TopFX delivers a larger selection of forex pairs—helpful cues depending on what you plan to trade.

Feature Moneta Markets logoMoneta Markets
TopFX logoTopFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1016 655
Forex Pairs (Total) info 45 60
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
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).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

Moneta Markets and TopFX both make it easy to get started with a free demo account, and each offers web and Windows desktop platforms with the ability to trade straight from charts. Neither brand has its own in-house platform; instead, both support MetaTrader 4 (MT4), while only Moneta Markets adds MetaTrader 5 (MT5). Copy trading is available at both brokers, but Moneta Markets goes further with DupliTrade support, which TopFX does not offer. ZuluTrade isn’t available at either broker.

For charting and tools, Moneta Markets provides 78 drawing tools compared with 15 at TopFX; watchlists are leaner at Moneta Markets (4 fields) versus 7 fields at TopFX. Indicator counts weren’t specified for either broker. Both are rated 4 out of 5 stars for Trading Platforms and Tools by ForexBrokers.com, with Moneta Markets ranked #34 of 63 and TopFX at #46, giving Moneta Markets a slight edge for platform variety and overall tools.

Feature Moneta Markets logoMoneta Markets
TopFX logoTopFX
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes No
DupliTrade info Yes No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 105 30
Charting - Drawing Tools (Total) info 78 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 4 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Moneta Markets vs TopFX for mobile trading: both brokers offer iPhone and Android apps with price alerts, real-time quote watchlists, and 30 technical studies for charting. You can draw trendlines, switch among intraday, daily, and weekly time frames, and your chart drawings auto-save in both apps. The key difference is watchlist syncing with your online account—Moneta Markets syncs your symbols across devices, while TopFX does not.

Both apps earn 4 stars for Mobile Trading Apps, yet ForexBrokers.com ranks Moneta Markets higher (#36 of 63) than TopFX (#52 of 63). If synced watchlists are important for your stock and forex trading, Moneta Markets has the edge; if you mainly want dependable charting tools and alerts on iPhone or Android, either app fits the bill.

Feature Moneta Markets logoMoneta Markets
TopFX logoTopFX
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Moneta Markets vs TopFX for market research: Moneta Markets offers daily market commentary, while TopFX does not. Both brokers provide forex news from major sources like Bloomberg, Reuters, or Dow Jones (or similar), and both include an economic calendar. Each also features Trading Central tools and a sentiment indicator that shows the balance of long and short positions across instruments.

Key differences: TopFX adds Autochartist, which Moneta Markets does not offer. Moneta Markets does not provide TipRanks or Acuity Trading tools, and TopFX’s access to TipRanks and Acuity is not specified. In independent ratings, Moneta Markets scores 4 stars for Research and ranks #33 out of 63 brokers on ForexBrokers.com, while TopFX scores 3 stars and ranks #61. Pick Moneta Markets if daily commentary is important; consider TopFX if you want Autochartist alongside Trading Central.

Feature Moneta Markets logoMoneta Markets
TopFX logoTopFX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No
Signal Centre (Acuity Trading) info No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

Moneta Markets vs TopFX: for beginners seeking forex and CFD education, Moneta Markets offers a much fuller learning experience. It meets the 10+ piece education standard, includes at least 10 beginner videos and 10 advanced videos, provides a searchable archive of recorded webinars, and features an investor dictionary with 50+ terms. While neither broker hosts monthly live educational webinars, Moneta’s on-demand materials make it easier for new traders to build skills step by step.

TopFX, by contrast, does not meet the 10+ piece education threshold, lacks 10+ beginner and advanced videos, offers no webinar archive, and has no investor dictionary. Reflecting this gap, Moneta Markets holds a 4-star Education rating and ranks 33rd out of 63 brokers for education on ForexBrokers.com, while TopFX earns 3 stars and ranks 62nd. If you want beginner-friendly learning resources, Moneta Markets is the stronger choice.

Feature Moneta Markets logoMoneta Markets
TopFX logoTopFX
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Moneta Markets is better than TopFX. Moneta Markets finished with an overall rank of #35, while TopFX finished with an overall rank of #62.

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 logoMoneta Markets
TopFX logoTopFX
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 79 67
Range of Investments 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3/5 Stars

FAQs

Can you trade cryptocurrency with Moneta Markets or TopFX?

While both Moneta Markets and TopFX provide options for trading cryptocurrency derivatives, neither offers the capability to purchase actual delivered cryptocurrencies, focusing instead on derivatives for market exposure.

What funding options does each broker offer?

Moneta Markets and TopFX both provide Visa, Mastercard, and bank wire options for account fund transactions, but TopFX distinguishes itself by also accepting PayPal and Skrill, unlike Moneta Markets, which does not offer these payment methods.

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Overall Rating Moneta Markets TopFX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 79 67
Winner check_circle
Review Moneta Markets Review TopFX Review
Broker Screenshots Moneta Markets TopFX
Broker Gallery (click to expand) info
Moneta Markets mobile app charts. Moneta Markets client portal. Moneta Markets Featured Ideas.
TopFX MetaTrader 4 desktop trading platform TopFX MetaTrader 4 desktop trading platform charts TopFX cTrader web trading platform TopFX cTrader desktop trading platform charts TopFX cTrader desktop trading platform TopFX cTrader desktop trading platform algo trading TopFX cTrader desktop market order window
Regulation Moneta Markets TopFX
Trust Score info 79 67
Year Founded info 2009 2010
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-1 Licenses info 1 1
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) Moneta Markets TopFX
Australia (ASIC Authorised) info No No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-2 Licenses (Trusted) Moneta Markets TopFX
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments Moneta Markets TopFX
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1016 655
Forex Pairs (Total) info 45 60
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
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 TopFX
Average Spread EUR/USD - Standard info 1.38 info 1.03 info
All-in Cost EUR/USD - Active info 0.79 info 0.88 info
Active Trader or VIP Discounts info No No
Inactivity Fee info No No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding Moneta Markets TopFX
Minimum Deposit info $50 Depends on payment method
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Moneta Markets TopFX
Proprietary Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes No
cTrader info No Yes
DupliTrade info Yes No
ZuluTrade info No No
Trading Tools Moneta Markets TopFX
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 4 7
Charting - Indicators / Studies (Total) info 105 30
Charting - Drawing Tools (Total) info 78 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Moneta Markets TopFX
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 No
Mobile Charting - Indicators / Studies info 30 30
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 TopFX
Daily Market Commentary info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No Yes
Trading Central (Recognia) info Yes Yes
TipRanks info No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Moneta Markets TopFX
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs Moneta Markets TopFX
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 TopFX Review
Overall Moneta Markets TopFX
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3/5 Stars
Education 3.5/5 Stars 3/5 Stars
Trust Score info 79 67
Winner check_circle
Review Moneta Markets Review TopFX Review
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