Written by ForexBrokers.com
In this head to head comparison of Trade Nation 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.
Trade Nation and Moneta Markets are both online brokers with different levels of reliability according to ForexBrokers.com. Trade Nation, founded in 2014, is rated with a Trust Score of 85, placing it in the 'trusted' category. It holds two Tier-1 licenses and one Tier-2 license, indicating a strong regulatory foundation. Moneta Markets, established in 2009, has a Trust Score of 72, indicating an average risk. It holds one Tier-1 license and one Tier-2 license, showing a decent but not as strong regulatory standing as Trade Nation.
Neither Trade Nation nor Moneta Markets is publicly traded or operate as a bank. When comparing regulatory aspects, Trade Nation seems to offer a greater degree of regulatory confidence with its higher number of Tier-1 licenses and a superior Trust Score. This information may be valuable for potential users looking for a dependable online broker for trading activities.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of Trade Nation and Moneta Markets, Trade Nation stands out with competitive fixed-spread pricing across all tradeable symbols on its proprietary platform, while also offering variable-spread pricing on its MetaTrader platform. Their fixed spreads can start at 0.6 pips for EUR/USD, which can rise briefly to 1.4 pips during the daily rollover period. This often results in an average closer to 1 pip. Trade Nation offers three main account types: the commission-based Raw Spread account on MetaTrader, a commission-free MetaTrader account, and the TN Trader account for its proprietary web platform. Generally, the TN Trader account offers the lowest all-in costs. For its commissions and fees, Trade Nation receives a stellar 5-star rating and ranks #7 out of 62 brokers on ForexBrokers.com.
Moneta Markets provides versatile trading costs based on three account options: the commission-free Direct STP account, and the commission-based Moneta Prime ECN and Ultra ECN accounts. The Direct STP account has an average spread of 1.38 pips for EUR/USD. The Prime ECN account features an average spread of just 0.194 pips plus a commission of $6 per round-trip, leading to a total average cost of about 0.79 pips. For larger deposits of $20,000, the Ultra ECN account offers tighter spreads with a lower commission of $2 per round-trip. Despite its attractive offerings, Moneta Markets has yet to match the top forex brokers, earning a solid 4.5-star rating and ranking #16 out of 62 brokers for commissions and fees according to ForexBrokers.com.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average Spread EUR/USD - Standard | 0.6 | 1.38 |
| All-in Cost EUR/USD - Active | 0.6 | 0.79 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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 Trade Nation and Moneta Markets for their range of investments, both platforms offer forex trading as CFDs or spot contracts. Trade Nation provides access to 46 tradeable forex pairs, while Moneta Markets surpasses this with 54 pairs. Additionally, Trade Nation offers 1,000 tradeable symbols overall, slightly less than Moneta Markets, which provides 1,016 symbols. Neither platform offers direct purchase of exchange-traded securities on U.S. or international exchanges, meaning clients cannot buy shares like Apple or Vodafone directly.
For those interested in copy trading, both Trade Nation and Moneta Markets extend this feature to their clients. However, neither allows the purchase of actual cryptocurrencies, focusing instead on cryptocurrency derivatives. When evaluated by ForexBrokers.com, Trade Nation holds a 3.5-star rating for its range of investments and ranks 38th out of 62 brokers. In contrast, Moneta Markets is rated slightly higher at 4 stars, ranking 35th in the same category, suggesting a more diverse offering in investment products.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 1016 |
| Forex Pairs (Total) | 46 | 54 |
| 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.
When comparing the trading platforms and tools offered by Trade Nation and Moneta Markets, both brokers present traders with several similarities and distinctions. Each provides simulated trading through a free virtual demo account, ensuring users can practice without financial risk. While both brokers feature web-based platforms and Windows-based desktop downloads, Trade Nation also boasts a proprietary platform developed in-house, whereas Moneta Markets does not. Both offer the widely popular MetaTrader 4, but only Moneta Markets includes the upgraded MetaTrader 5. Notably, Trade Nation and Moneta Markets both support copy trading, though ZuluTrade is exclusively available with Moneta Markets.
Charting capabilities differ between the two, notably in the number of drawing tools provided—Trade Nation offers 39, while Moneta Markets supplies 78. However, Moneta Markets allows for trading directly from a stock chart, which is not available with Trade Nation. When it comes to watch lists, Trade Nation users benefit from 14 customizable fields, compared to Moneta Markets’ 4 fields. Both companies have received a four-star rating for trading platforms and tools, yet Moneta Markets is ranked higher at #33 out of 62 brokers by ForexBrokers.com, compared to Trade Nation's #44 ranking. These distinctions should assist traders in determining which platform might better suit their individual trading preferences and needs.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 115 | 105 |
| Charting - Drawing Tools (Total) | 39 | 78 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 14 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing mobile trading apps for Trade Nation and Moneta Markets, both brokers offer solid features and functionality. Both apps are available on iPhone and Android, and provide stock and forex price alerts to keep users informed of market changes. Each platform allows users to sync watchlists between their mobile app and online account, ensuring seamless management of investments. In terms of technical studies for charting, Trade Nation stands out with 99 options, compared to Moneta Markets' 30. Both brokers support features like trendline drawing, multiple timeframes, auto-saving drawings, and creating watchlists with real-time quotes.
In terms of user satisfaction, both Trade Nation and Moneta Markets receive a solid 4-star rating for their mobile trading apps. However, when looking at their rankings among 62 brokers by ForexBrokers.com, Moneta Markets holds an edge at 36th place while Trade Nation ranks 45th. This indicates a slightly higher regard for Moneta Markets' mobile platform among the industry's offerings, despite both brokers excelling in comprehensive smartphone app features.
| Feature |
Trade Nation
|
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 | 99 | 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.
When comparing the market research offerings of Trade Nation and Moneta Markets, both brokers provide daily market commentary and forex news from top-tier sources such as Bloomberg, Reuters, and Dow Jones. However, Moneta Markets stands out by offering technical analysis tools from Trading Central, whereas Trade Nation does not. In terms of sentiment-based trading tools that display the ratio of long or short positions across currency pairs, both brokers are on equal footing by offering these features to their clients.
Despite Trade Nation's inclusion of research tools from Acuity Trading, such as Signal Centre, it lacks an economic calendar with global news events—a feature that Moneta Markets includes. When rated for research, Trade Nation scores 3.5 stars compared to Moneta Markets' 4 stars. Moreover, according to ForexBrokers.com, Trade Nation is ranked 42nd out of 62 brokers for research, while Moneta Markets holds the 32nd spot, indicating a stronger research platform overall.
| Feature |
Trade Nation
|
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 | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources for beginners, Trade Nation and Moneta Markets both excel in providing essential materials. Each offers at least 10 educational pieces focused on forex and CFDs, ensuring newcomers have access to fundamental information. The two platforms also deliver over 10 beginner-focused trading videos, catering specifically to those just starting in the financial markets. However, both Trade Nation and Moneta Markets currently do not provide monthly online educational webinars or archives of past webinars, which might be a consideration for those who prefer learning through live interactive sessions.
In terms of additional features, Trade Nation edges ahead by offering an investor dictionary that includes definitions for 50 investing terms, a tool not available with Moneta Markets. Although Moneta Markets is rated slightly higher with 4 stars compared to Trade Nation's 3.5 stars, it lacks this useful resource. While the overall rankings place Trade Nation at #41 and Moneta Markets at #33 out of 62 brokers for education, both platforms remain solid choices for beginners, with distinctive strengths that cater to different learning preferences.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Trade Nation is better than Moneta Markets. Trade Nation finished with an overall rank of #34, while Moneta Markets finished with an overall rank of #35.
Trade Nation’s well-designed, easy-to-use trading app is an innovative trading platform that’s great for beginner forex and CFD traders. However, if you’re a seasoned trader, you may find that Trade Nation lacks advanced features compared to the best trading platforms.
| Feature |
Trade Nation
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Moneta Markets
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|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 72 |
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Both Trade Nation and Moneta Markets provide the opportunity to trade cryptocurrency derivatives, although neither broker offers the ability to purchase actual or delivered cryptocurrencies.
Trade Nation and Moneta Markets both provide Visa/Mastercard and bank wire options for deposits and withdrawals, though neither supports ACH, SEPA, or PayPal transfers, with Trade Nation uniquely offering Skrill as an additional payment method compared to Moneta Markets.
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 | Trade Nation | Moneta Markets | |
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| Trust Score | 85 | 72 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Moneta Markets Review |
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| Regulation | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Trust Score | 85 | 72 | |
| Year Founded | 2014 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 1016 | |
| Forex Pairs (Total) | 46 | 54 | |
| 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 | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.6 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.6 | 0.79 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | 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 | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 4 | |
| Charting - Indicators / Studies (Total) | 115 | 105 | |
| Charting - Drawing Tools (Total) | 39 | 78 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | 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 | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Trade Nation | 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 | No | Yes |
| Education | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | Trade Nation | 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 | Trade Nation Review | Moneta Markets Review |
| Overall | Trade Nation | Moneta Markets | |
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| Trust Score | 85 | 72 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Moneta Markets Review |
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