Written by ForexBrokers.com
In this head to head comparison of XM Group 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.
Founded in 2009, XM Group and Moneta Markets are both well-established online brokers, though their levels of trust vary according to ForexBrokers.com. XM Group secures a Trust Score of 93, placing it in the highly trusted category, while Moneta Markets scores 79, indicating an average risk level. Neither broker is publicly traded or functions as a bank, displaying their autonomy as independent trading platforms. Both brokers hold Tier-2 licenses, reflecting a trusted status, but only XM Group possesses four Tier-1 licenses, further underscoring its reliability in the trading industry.
This comparison highlights XM Group's stronger regulatory positioning, making it a more appealing choice for those prioritizing trust and security when selecting an online broker. Meanwhile, Moneta Markets still offers credibility with its regulatory licenses but stands at a moderate risk level when assessed by ForexBrokers.com. Both brokers bring a decade-plus of experience to the trading market, yet XM Group's credentials vie for greater trust from traders looking for security in their investment endeavors.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of XM Group and Moneta Markets, traders should consider the differences in account types and associated costs. XM Group has a standard account with relatively high spreads and does not publish average spreads for its XM Zero account, which is commission-based. With a rating of four out of five stars in this category, XM Group is positioned at #33 out of 63 brokers according to ForexBrokers.com.
Moneta Markets, on the other hand, provides more nuanced pricing through three account options: the commission-free Direct STP account, and two commission-based accounts, Prime ECN and Ultra ECN. The Direct STP account has an average spread of 1.38 pips for the EUR/USD pair, while the Prime ECN account features an average spread of 0.194 pips with a commission of $6 per round-trip lot, leading to an all-in cost of 0.79 pips—slightly below the industry average. The Ultra ECN account offers even tighter spreads with a reduced commission of $2 per round-trip, contingent on a $20,000 minimum deposit.
Overall, Moneta Markets is favored with a rating of 4.5 stars for its competitive pricing structure, securing the #16 spot out of 63 brokers in ForexBrokers.com's Commissions and Fees category. Despite XM Group's solid rating, Moneta Markets stands out for offering a more flexible structure suited to different trading needs, ultimately providing better value for traders who meet the deposit thresholds for its top-tier account options.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $5 | $50 |
| Average Spread EUR/USD - Standard | 1.6 | 1.38 |
| All-in Cost EUR/USD - Active | 0.8 | 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 the range of investments between XM Group and Moneta Markets, both offer a comprehensive selection for traders, including forex as CFDs. XM Group shines with 1,394 tradable symbols and 55 forex pairs, towering over Moneta Markets' 1,016 symbols and 45 forex pairs. Notably, XM Group allows clients to trade exchange-traded securities on both U.S. and international exchanges, providing access to stocks like Apple and Vodafone. In contrast, Moneta Markets does not offer such direct stock trading options. Both brokers enable clients to participate in the growing cryptocurrency market through derivatives but stop short of offering actual cryptocurrencies for purchase.
Furthermore, XM Group stands out with a higher rating of 4.5 stars for its range of investments, compared to Moneta Markets, which holds a 4-star rating. According to ForexBrokers.com, XM Group ranks 24th out of 63 brokers for its investment offerings, while Moneta Markets comes in at 35th. Both brokers support copy trading, allowing clients to follow and replicate successful traders' strategies. With these aspects, XM Group clearly demonstrates a broader appeal for those seeking a diverse investment portfolio.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 1016 |
| Forex Pairs (Total) | 55 | 45 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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 trading platforms and tools offered by XM Group and Moneta Markets, both brokers provide comprehensive solutions for traders, including simulated trading capabilities through free virtual demo accounts. Neither broker has developed a proprietary platform, but instead, they both offer trusted features such as MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for trading. Available across various devices, both brokers present Windows-based desktop downloads and web-based browser platforms, making them accessible and convenient for different trading needs. While both brokers facilitate copy trading, Moneta Markets stands out by providing DupliTrade access, although neither offers ZuluTrade.
For charting tools, XM Group provides 15 drawing tools while Moneta Markets offers an impressive 78. Both allow traders to execute trades directly from stock charts, a feature that enhances trading efficiency. Watch lists with XM Group include seven columns, compared to four from Moneta Markets. In the realm of platform ratings, both receive four out of five stars for their trading platforms and tools. According to ForexBrokers.com, they closely rank at #32 and #33 respectively, among 63 brokers, highlighting their similar-standing yet slight differences in the trading platforms and tools arena.
| Feature |
XM Group
|
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) | 30 | 105 |
| Charting - Drawing Tools (Total) | 15 | 78 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both XM Group and Moneta Markets shine in providing comprehensive mobile trading solutions for their users, available on both iPhone and Android devices. Users who value real-time updates and seamless integration will appreciate that both platforms offer stock or forex price alerts, as well as watchlist symbol syncing that ensures any modifications made either on mobile or online are consistently reflected across devices. For technical analysis enthusiasts, each app is equipped with 30 technical studies and offers features such as drawing trendlines and viewing charts in multiple time frames, meeting the essential needs of traders on the go.
However, there is a subtle distinction in convenience when it comes to managing chart annotations. While Moneta Markets' app allows users to auto save drawings, this feature is not available in XM Group's app. Both platforms support the creation of watchlists with real-time quotes, ensuring that traders can keep track of market movements effortlessly. When it comes to app ratings, both are rated four stars out of five, but XM Group edges ahead slightly in the Mobile Trading Apps category ranking by ForexBrokers.com, holding the 30th position compared to Moneta Markets at 35th. Overall, both brokers offer excellent mobile trading apps, making the choice between them a matter of personal preference and specific feature needs.
| Feature |
XM Group
|
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 | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both XM Group and Moneta Markets provide traders with valuable tools and market insights, making it easier for users to navigate the trading world. Both brokers offer daily market commentary and forex news from reputable sources like Bloomberg and Reuters. They also provide access to Trading Central's technical analysis tools and sentiment-based trading tools that display long or short position ratios across various instruments. Moreover, both brokers feature an economic calendar to keep traders updated on important global news events.
Despite these similarities, XM Group and Moneta Markets have distinct differences in their overall research offerings. Notably, XM Group does not utilize Autochartist, TipRanks, or Acuity Trading research tools, a stance shared by Moneta Markets. However, XM Group holds a superior rating of 5 stars for research, ranking 8th out of 63 brokers according to ForexBrokers.com. In comparison, Moneta Markets is rated 4 stars and holds the 32nd position in the same list. This makes XM Group a standout choice for traders prioritizing in-depth market research.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners from XM Group and Moneta Markets, both online brokers provide a substantial collection of educational materials focused on forex and CFDs. Each offers beginners access to at least 10 diverse educational pieces, including articles, videos, and archived webinars. However, XM Group stands out by offering monthly live webinars and a comprehensive archive of those sessions, enhancing the learning experience for newer traders. Moneta Markets, while also hosting a searchable archive of past webinars, does not organize live webinars, which may limit real-time learning opportunities.
Both XM Group and Moneta Markets provide extensive video content for both beginner and advanced traders, ensuring a well-rounded educational platform. An area where Moneta Markets gains an edge is with its investor dictionary, providing definitions for over 50 investing terms, a helpful tool for traders looking to understand industry jargon. Despite this, XM Group boasts a better overall educational rating with five stars compared to Moneta Markets’ four stars and holds a higher ranking by ForexBrokers.com, positioned at #7 out of 63 brokers, compared to Moneta Markets’ #33 spot. This superior ranking highlights XM Group’s commitment to delivering a broader and more comprehensive educational experience for traders of all levels.
| Feature |
XM Group
|
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) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XM Group is better than Moneta Markets. XM Group finished with an overall rank of #17, while Moneta Markets finished with an overall rank of #35.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
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Moneta Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 79 |
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Both XM Group and Moneta Markets provide platforms for trading cryptocurrency derivatives, but neither broker allows the purchase of actual delivered cryptocurrencies.
Online brokers XM Group and Moneta Markets both provide Visa or Mastercard and bank wire options for depositing or withdrawing account funds, but only XM Group supports Skrill, while neither brokerage offers ACH, SEPA transfers, or PayPal as funding options.
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 | XM Group | Moneta Markets | |
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| Trust Score | 93 | 79 | |
| Winner | check_circle | ||
| Review | XM Group Review | Moneta Markets Review |
| Broker Screenshots | XM Group | Moneta Markets | |
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| Regulation | XM Group | Moneta Markets | |
|---|---|---|---|
| Trust Score | 93 | 79 | |
| Year Founded | 2009 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | XM Group | 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | 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) | XM Group | 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 | XM Group | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 1016 | |
| Forex Pairs (Total) | 55 | 45 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | XM Group | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.79 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $5 | $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 | XM Group | 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 | XM Group | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 4 | |
| Charting - Indicators / Studies (Total) | 30 | 105 | |
| Charting - Drawing Tools (Total) | 15 | 78 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XM Group | 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 | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | XM Group | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | 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) | No | Yes |
| Major Forex Pairs | XM Group | 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 | XM Group Review | Moneta Markets Review |
| Overall | XM Group | Moneta Markets | |
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| Trust Score | 93 | 79 | |
| Winner | check_circle | ||
| Review | XM Group Review | Moneta Markets Review |
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