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 |
Comparing commissions and fees, Moneta Markets scores higher than XM Group. Moneta Markets is rated 4.5 out of 5 stars and ranks #17 out of 63 brokers for this category, while XM Group is rated 4 out of 5 stars and ranks #34. XM’s Standard account spreads are on the pricey side, and the broker doesn’t publish average spreads for its commission-based XM Zero account, which makes it harder to gauge total trading costs.
Moneta Markets offers three pricing paths. Its commission-free Direct STP account averaged 1.38 pips on EUR/USD in August 2023. The Prime ECN account averaged 0.194 pips plus a $6 round-trip commission per standard lot (100,000 units), for an all-in cost around 0.79 pips—slightly below the industry average. For larger deposits, the Ultra ECN account drops commission to $2 per round-turn ($1 per side) but requires at least $20,000. Despite these options, Moneta Markets’ overall pricing still trails the very best forex brokers.
XM Group’s fee picture is simpler but less competitive. The Standard account has higher spreads, and XM does not disclose average spreads for the XM Zero commission account, limiting price transparency. Bottom line: Moneta Markets holds the edge on commissions and fees (4.5/5 stars, #17/63) versus XM Group (4/5 stars, #34/63), especially for traders who can qualify for its ECN accounts.
| 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 [DELETED] | ||
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XM Group and Moneta Markets both let you trade forex as CFDs or spot contracts and both support copy trading. XM Group lists 1,394 tradeable symbols, including 55 forex pairs, while Moneta Markets offers 1,016 symbols with 45 pairs. Neither broker offers delivered (actual) cryptocurrency, but both provide access to cryptocurrency derivatives.
When it comes to share dealing, XM Group stands out: it lets clients buy and sell exchange-traded shares (not CFDs) on both U.S. and international exchanges—for example, Apple on NASDAQ and Vodafone in London. Moneta Markets does not offer direct share ownership. Reflecting this broader range of investments, ForexBrokers.com rates XM Group 4.5/5 stars and ranks it #25 out of 63 for Range of Investments, compared with Moneta Markets at 4/5 stars and #36.
| 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.
XM Group and Moneta Markets are closely matched for trading platforms and tools. Both offer free demo accounts for risk‑free practice, support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and provide access on Windows desktop and via a web-based platform. Neither broker has a proprietary platform, but each includes copy trading options and lets you place trades directly from charts. For most traders, the day-to-day platform experience will feel very similar across the two brokers.
Independent ratings also show a near tie: both brokers earn 4 out of 5 stars for Trading Platforms and Tools from ForexBrokers.com. XM Group is ranked #33 out of 63 brokers in this category, while Moneta Markets is close behind at #34. If you’re deciding between them, consider secondary factors like pricing, markets offered, and support, since their platform features line up closely.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading 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 [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 30 | 105 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XM Group and Moneta Markets both offer mobile trading apps for iPhone and Android. Each app supports price alerts, synced watchlists that mirror your online account, and real-time quotes in watchlists. For charting, both include 30 technical indicators and let you draw trendlines. One practical difference is drawing persistence: XM Group’s app does not auto-save chart drawings, while Moneta Markets’ app does. Details about viewing multiple time frames were not provided.
In third-party evaluations, both apps earned 4 out of 5 stars for mobile trading. On ForexBrokers.com’s Mobile Trading Apps rankings out of 63 brokers, XM Group is #31 and Moneta Markets is #36. If saving chart annotations automatically is important, Moneta Markets has the edge; if a slightly higher category ranking matters more, XM Group is the stronger pick.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | ||
| Mobile Charting - Trendlines Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
XM Group and Moneta Markets both deliver daily market commentary and forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones. Each broker also provides Trading Central tools, a sentiment gauge showing the long/short split across instruments, and an easy-to-read economic calendar. Neither broker includes Autochartist, TipRanks, or Acuity Trading (Signal Centre).
The big difference shows up in independent ratings: XM Group earns 5 stars and ranks #8 out of 63 brokers for research on ForexBrokers.com, while Moneta Markets scores 4 stars and ranks #33. If research depth and quality are top priorities, XM Group has the edge. If you mainly want the essentials—news, daily commentary, Trading Central, sentiment tools, and an economic calendar—both brokers will cover the bases.
| 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 |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing forex and CFD education, XM Group and Moneta Markets both deliver sizable video libraries, offering at least 10 beginner-focused videos and at least 10 advanced lessons. XM Group also hosts monthly live educational webinars, which can help newcomers learn in real time and ask questions; Moneta Markets does not run monthly webinars. The information provided does not specify whether either broker maintains a searchable archive of past webinars or an investor dictionary of 50+ terms.
Overall, XM Group scores higher for education (5/5, ranked #7 of 63 by ForexBrokers.com) than Moneta Markets (4/5, ranked #33). If you want live webinar support alongside videos, XM Group is the stronger choice; if you mainly want beginner and advanced video lessons, both brokers can help you get started.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | No |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) [DELETED] |
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.
Comparing funding and withdrawal methods, XM Group and Moneta Markets both lack ACH/SEPA and PayPal but support bank wire transfers, XM Group additionally supports Skrill (Moneta Markets does not), and Visa/Mastercard availability is not specified for either broker.
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, FSRA, or SCA 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 | |
| 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 | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | XM Group | Moneta Markets | |
|---|---|---|---|
| Proprietary Desktop Trading 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 |
| Trading Tools | XM Group | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 105 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | No | Yes | |
| Mobile Research - 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 | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | Moneta Markets | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | 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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