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 two online brokers that differ in their regulatory credentials and trust scores. Founded in 2014, Trade Nation has established itself with a Trust Score of 85 out of 99, indicating a "trusted" level according to ForexBrokers.com. In contrast, Moneta Markets, which has been in operation since 2009, holds a Trust Score of 71, putting it in the "average risk" category. Neither broker is publicly traded or operates as a bank, but Trade Nation stands out with its two Tier-1 licenses, which are highly trusted, whereas Moneta Markets holds none.
Both companies share common ground, each possessing one Tier-2 license, which is deemed "trusted." Despite these similarities, the differences in their regulatory standings could be essential for potential customers considering the safety and reliability of their investments. While Trade Nation might appeal to those who prioritize regulatory assurance, Moneta Markets could attract clients looking for a broker with a longer operating history.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 0 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
Trade Nation offers a straightforward approach to commissions and fees by providing both fixed and variable-spread pricing options. Its proprietary platform features competitive fixed spreads, such as 0.6 pips for the EUR/USD pair, although spreads can widen to 1.4 pips during the daily rollover period. On the MetaTrader platform, users can choose a commission-based Raw Spread account with a $7 per round-trip charge or a commission-free account, with higher spreads. Overall, Trade Nation maintains attractive pricing, earning a 5-star rating and ranking 7th out of 63 brokers in the Commissions and Fees category.
Moneta Markets offers three distinct account types, each with varying costs. The commission-free Direct STP account comes with higher spreads, averaging 1.38 pips for the EUR/USD pair, while the commission-based Moneta Prime ECN account provides tighter spreads at 0.194 pips with a $6 round-trip commission, bringing the overall cost to 0.79 pips. The Ultra ECN account, available with a $20,000 deposit, features the best pricing with lower commissions of $2 per round trip. Despite offering competitive pricing, Moneta Markets could still improve its cost efficiency relative to top forex brokers. It holds a 4.5-star rating and ranks 16th in the category.
| 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.
Trade Nation and Moneta Markets both provide forex trading through CFDs, allowing investors to engage with the forex market without actually possessing the currencies. While Trade Nation offers a broad selection of 1000 tradeable symbols, Moneta Markets slightly edges ahead with 1016. When it comes to forex pairs, Trade Nation leads by offering 46 pairs compared to Moneta Market's 45. Neither broker facilitates the trading of physical exchange-traded securities on U.S. or international exchanges, so direct trading in stocks like Apple's shares isn’t an option with either platform.
Both Trade Nation and Moneta Markets feature copy trading, which can be appealing for those looking to emulate experienced traders. Investors cannot buy actual cryptocurrencies directly from either platform but can trade cryptocurrency derivatives. For those focused on the range of investments, Moneta Markets achieves a higher rating of 4 stars compared to Trade Nation's 3.5 stars, and secures a better rank at #35 versus #38 in the Range of Investments category by ForexBrokers.com.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 1016 |
| Forex Pairs (Total) | 46 | 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.
When comparing Trade Nation and Moneta Markets, both brokers offer a variety of trading platforms and tools that cater to different types of traders. Trade Nation stands out with its own proprietary platform, alongside offering popular platforms like MetaTrader 4. For those who prefer desktop trading, both brokers provide Windows-based platforms, as well as the convenience of web-based platforms for easy access from any browser. Both Trade Nation and Moneta Markets offer features like copy trading, but only Moneta Markets supports MetaTrader 5 and DupliTrade for expanded trading possibilities. Additionally, both brokers offer free virtual demo accounts for practicing trading strategies without risk.
Charting and technical analysis tools differ between the two brokers. Moneta Markets provides users with a comprehensive set of 78 drawing tools, which is notably higher than Trade Nation's 39. Moneta Markets also allows traders to execute trades directly from stock charts, enhancing convenience and efficiency. When it comes to creating and managing watchlists, Trade Nation allows for greater customization with 14 fields, compared to Moneta Markets’ 4 fields. In terms of ratings by ForexBrokers.com, both are rated 4 out of 5 stars for trading platforms and tools, with Moneta Markets ranked slightly higher at number 33, while Trade Nation is at number 44 out of 63 brokers.
| 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 | Yes |
| ZuluTrade | No | No |
| 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.
Trade Nation and Moneta Markets both provide excellent mobile trading apps for iPhone and Android users. Each platform offers key features such as price alerts for stocks and forex, as well as watchlist symbol syncing, ensuring seamless integration between mobile and online accounts. Both apps allow users to draw trendlines and view charts across various time frames like daily or intraday. They also automatically save drawings and support the creation of watchlists with real-time quotes. However, when it comes to technical charting tools, Trade Nation stands out with 99 technical studies compared to Moneta Markets' 30.
Both apps receive a solid four-star rating for mobile trading experiences, indicating a high level of user satisfaction. However, Moneta Markets holds a slight edge in terms of ranking by ForexBrokers.com, placing 35th out of 63 brokers, while Trade Nation ranks 45th. This subtle difference may be a factor to consider for users prioritizing a broker with higher industry rankings. Ultimately, both Trade Nation and Moneta Markets deliver appealing mobile app features, with the choice between them possibly boiling down to individual preferences for additional charting options or higher ranking status.
| 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.
Trade Nation and Moneta Markets both offer daily market commentary and deliver forex news from top-tier sources such as Bloomberg and Reuters. Where they differ significantly is in their provision of additional research tools. Moneta Markets scores higher in offering tools like Trading Central for in-depth technical analysis, which is absent from Trade Nation's offerings. Trade Nation, however, compensates with research resources from Acuity Trading, such as Signal Centre, a tool not available with Moneta Markets.
Both brokers provide sentiment-based trading tools that display the balance of long versus short positions across various instruments. However, Moneta Markets adds an economic calendar to its suite, allowing traders to stay informed on important news events worldwide. This feature is missing from Trade Nation's offerings. Ultimately, these differences give Moneta Markets a slight edge in research capabilities, reflected in its 4-star rating and higher rank of #32 compared to Trade Nation’s 3.5-star rating and #42 ranking by ForexBrokers.com in the Research category.
| 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 available to beginners, both Trade Nation and Moneta Markets offer a considerable array of materials to help newcomers to forex and CFD trading. Each broker provides at least ten educational pieces like articles and videos aimed at improving the understanding of forex and CFDs. Both also cater to beginner-level traders with more than ten introductory videos, although neither host regular monthly webinars. Where Moneta Markets stands out is in providing a searchable archive of recorded webinars, offering users additional learning opportunities that Trade Nation doesn’t provide.
In terms of depth and variety, Trade Nation matches Moneta Markets by offering advanced educational videos and comprehensive investor dictionaries featuring over 50 investing terms. Despite these offerings, Trade Nation receives a slightly lower education rating of 3.5 stars compared to Moneta Markets' 4-star rating. This difference is reflected in their respective rankings by ForexBrokers.com, with Trade Nation positioned at #41 and Moneta Markets at #33 out of 63 brokers. Beginners may find Moneta Markets more appealing for its broader array of accessible resources, though both brokers provide valuable educational content for those starting their trading journey.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | 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 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
|
|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 71 |
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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 | 71 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Moneta Markets Review |
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| Regulation | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Trust Score | 85 | 71 | |
| 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 | 0 | |
| 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 | 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) | 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 | 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 | 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 | Yes | |
| ZuluTrade | No | No |
| 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 | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | Yes |
| 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 | 71 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Moneta Markets Review |
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