XM Group vs Moneta Markets Comparison
Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare XM Group vs Moneta Markets.
Does XM Group or Moneta Markets offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, Moneta Markets
offers better pricing overall for traders.
Is XM Group or Moneta Markets safer for forex and CFDs trading?
At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. XM Group holds 2 global Tier-1 licenses, while Moneta Markets holds 1. Both XM Group and Moneta Markets hold 1 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, XM Group earned a higher Trust Score than Moneta Markets.
Which trading platform is better: XM Group or Moneta Markets?
To compare the trading platforms of both XM Group and Moneta Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, XM Group offers a better experience. With research, XM Group offers superior market research. Finally, we found XM Group to provide better mobile trading apps.
What about MetaTrader and copy trading?
For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both XM Group and Moneta Markets offer MetaTrader 4 (MT4).XM Group and Moneta Markets both offer copy trading.
How many forex pairs and CFDs are available to trade?
XM Group provides traders 57 currency pairs (e.g., EUR/USD) compared to Moneta Markets's 54 available pairs. Forex pairs aside, XM Group offers traders access to 1372 CFDs while Moneta Markets has 965 available CFDs, a difference of 407.
Can I trust XM Group?
XM Group is not publicly-traded and does not operate a bank. XM Group is authorised by three tier-1 regulators (high trust), two tier-2 regulator (average trust), and one tier-3 regulator (low trust). XM Group is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and, via its parent company's other brand Trading.com, with the Financial Conduct Authority (FCA).
Can I trust Moneta Markets?
Moneta Markets is not publicly traded and does not operate a bank. Moneta Markets is authorised by one tier-1 regulators (high trust), one tier-2 regulators (average trust), and one tier-3 regulator (low trust). Moneta Markets is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Is XM Group good?
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
Is Moneta Markets good?
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.
Overall winner: XM Group
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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.