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.
Both XM Group and Moneta Markets were founded in 2009 and are online brokers that are not publicly traded or associated with any banks. When it comes to regulatory credentials, XM Group stands out with four Tier-1 licenses and one Tier-2 license, reflecting a commitment to offering highly trusted services. In comparison, Moneta Markets holds one Tier-2 license, indicating a trusted but less extensive regulatory presence.
According to ForexBrokers.com, XM Group boasts a Trust Score of 88, placing it in the 'trusted' category and suggesting a reliable reputation for users. On the other hand, Moneta Markets has a Trust Score of 71, categorized as 'average risk,' which signifies moderate trustworthiness. These scores can help potential users decide which platform aligns better with their risk preferences and regulatory confidence.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 0 |
| 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 XM Group and Moneta Markets in terms of available investments, both brokers offer forex trading as CFDs, allowing you to trade without owning the underlying asset. XM Group stands out with an impressive 1,394 tradeable symbols and 55 forex pairs, while Moneta Markets offers 1,016 symbols and 45 forex pairs. If investing in actual stocks is your preference, XM Group provides access to U.S. and international exchange-traded securities, such as Apple and Vodafone shares, whereas Moneta Markets limits itself to CFDs and does not offer direct ownership of stocks.
Both XM Group and Moneta Markets support copy trading, allowing users to mimic the strategies of experienced traders easily. While neither offers the purchase of actual cryptocurrencies, they both provide options to trade cryptocurrency derivatives. According to ForexBrokers.com, XM Group receives a high 4.5-star rating for its range of investments, securing the 23rd spot out of 63 brokers. Meanwhile, Moneta Markets garners a 4-star rating, ranking 35th, reflecting a slightly narrower but still diverse offering for investors.
| 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 diving into the world of online trading platforms, both XM Group and Moneta Markets provide traders with a variety of tools and platforms to enhance their trading experience. Both brokers support MetaTrader 4 and MetaTrader 5, ensuring that users have access to popular and reliable trading platforms. Each broker also offers a Windows-based desktop platform and a web-based option for browser-based trading. For those interested in paper trading, both XM Group and Moneta Markets offer free virtual demo accounts, which is an essential feature for beginners looking to practice without financial risk. Additionally, traders interested in copy trading will find this feature available with both brokers.
Although neither broker offers a proprietary trading platform, Moneta Markets covers more ground with integration of the DupliTrade service, though both brokers offer no ZuluTrade support. When it comes to charting tools, XM Group offers 15 drawing tools, while Moneta Markets takes it a step further with 78 available tools. Both platforms allow traders to execute trades directly from charts. For watch lists, XM Group offers more customization with seven columns compared to Moneta Markets' four. Rated equally with four stars for their trading platforms and tools, XM Group edges slightly ahead in ForexBrokers.com rankings at 31st out of 63 brokers, with Moneta Markets close behind at 33rd.
| 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.
When evaluating the mobile trading apps of XM Group and Moneta Markets, both brokers provide iPhone and Android apps that feature stock and forex price alerts, making them equally accessible across popular devices. They also allow watchlist symbol syncing, ensuring any updates to your watchlist on your mobile app are reflected in your online account. In terms of charting, both platforms offer 30 technical studies and allow users to draw trendlines and view multiple time frames like daily, weekly, or intraday.
The notable difference between the two is in the autosave functionality for drawings on charts; Moneta Markets offers this, while XM Group does not. Both brokers enable real-time quotes on created watchlists, which is crucial for active traders. Rated four stars for their mobile trading apps, XM Group is ranked #29, slightly ahead of Moneta Markets at #35 out of 63 brokers according to ForexBrokers.com. Overall, they offer comparable mobile trading experience, with minor distinctions that might influence user preference.
| 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
|
Moneta Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 71 |
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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 | 88 | 71 | |
| 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 | 88 | 71 | |
| 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 | 0 | |
| 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| 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) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| 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 | 88 | 71 | |
| Winner | check_circle | ||
| Review | XM Group Review | Moneta Markets Review |
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