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.
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When comparing XM Group and Moneta Markets, both online brokers established in 2009, their trustworthiness becomes a notable point of difference, particularly through their regulatory licenses. XM Group distinguishes itself by holding four Tier-1 licenses and one Tier-2 license, making it highly trusted. Moneta Markets, on the other hand, holds one Tier-1 license alongside a Tier-2 license, reflecting an average risk level. This difference is mirrored in their ForexBrokers.com Trust Scores, with XM Group receiving a trust score of 88 out of 99, indicating it is trusted. Moneta Markets has a score of 79, placing it in the average risk category.
Neither XM Group nor Moneta Markets are publicly traded entities nor do they operate as banks. They both operate as private companies focusing on offering brokerage services. These factors contribute to their overall trust ratings but are notably separate from the regulatory aspects that primarily influence their scores. While XM Group benefits from broader regulatory approval, giving clients peace of mind, Moneta Markets holds its ground for those who weigh regulatory oversight differently in their decision-making process.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | ||
| Bank | ||
| 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 | ||
| ACH or SEPA Transfers | ||
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | Yes | |
| 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 their range of investments, both brokers provide opportunities for forex trading through Contracts for Difference (CFDs) or spot contracts. XM Group stands out with a total of 1394 tradeable symbols, which includes 55 forex pairs, whereas Moneta Markets offers 1016 symbols, including 45 forex pairs. Additionally, XM Group gives clients the option to invest directly in U.S. and international stock exchanges, allowing for the purchase of shares such as Apple and Vodafone. In contrast, Moneta Markets does not support the direct purchase of exchange-traded securities on these markets.
Both XM Group and Moneta Markets facilitate copy trading and offer cryptocurrency derivatives, but neither allows for the purchase of actual cryptocurrencies. XM Group is favored slightly more with a 4.5-star rating for its range of investments, compared to Moneta Markets' 4 stars. In the rankings by ForexBrokers.com, XM Group is positioned at #24 out of 63 brokers, while Moneta Markets holds the #35 spot, reflecting XM Group's broader investment offerings.
| 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 | |
| Int'l Stock Trading (Non CFD) | Yes | |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | ||
| 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 it comes to trading platforms and tools, both XM Group and Moneta Markets stand as competitive options for online trading. Each offers a free virtual demo account, allowing users to get accustomed to trading without financial risk. While both firms provide a Windows-based desktop download platform and a web-based trading platform for seamless access, neither offers a proprietary trading platform. Additionally, they support the widely popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) for enhanced trading features. Both also facilitate copy trading, though Moneta Markets extends its offerings further with DupliTrade integration. XM Group and Moneta Markets do not currently support ZuluTrade.
In terms of charting and watchlist capabilities, Moneta Markets provides a robust suite with 78 drawing tools but only offers four columns for watch lists. In comparison, XM Group offers 15 drawing tools and supports seven columns for creating detailed watch lists. Both brokers allow traders to execute trades directly from stock charts. When rated by ForexBrokers.com, both XM Group and Moneta Markets receive four stars for their trading platforms and tools, with XM Group ranking slightly higher at 31st place while Moneta Markets is at 33rd among 63 brokers. These features and rankings underscore their commitment to providing solid trading experiences for their clients.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | ||
| 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 | Yes | |
| ZuluTrade | ||
| 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 offer comprehensive mobile trading apps with compatibility for iPhone and Android devices. These apps include essential features such as stock and forex price alerts and the ability to create watchlists with real-time quotes. Users can enjoy seamless watchlist symbol syncing on both platforms, ensuring that any changes made in the app reflect in their online accounts. When it comes to technical charting, both brokers offer 30 technical studies and allow drawing trendlines and viewing multiple time frames on stock or forex charts. A notable difference is that while Moneta Markets automatically saves drawings on charts, XM Group does not include this feature.
In terms of performance, both XM Group and Moneta Markets receive a respectable rating of four out of five stars for their mobile trading apps. However, when ranked by ForexBrokers.com, XM Group holds the #29 spot, whereas Moneta Markets is positioned at #35 out of 63 brokers in the Mobile Trading Apps category. This suggests that while both platforms offer similar features and user experiences, XM Group slightly edges ahead in overall rankings, possibly due to factors not detailed here.
| 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 | Yes | |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Both XM Group and Moneta Markets provide valuable daily market commentary, keeping traders informed about the latest market trends. They both offer access to forex news from top-tier sources like Bloomberg and Reuters, ensuring that traders receive up-to-date and reliable information. While both brokers integrate technical and fundamental analysis tools from Trading Central, neither offers resources from Autochartist or Acuity Trading. Additionally, both XM Group and Moneta Markets feature sentiment-based trading tools and comprehensive economic calendars that track current and future global economic events. These tools enable traders to make informed decisions based on market analysis and potential impacts on currency pairs and other instruments.
However, when evaluating the overall research offerings, XM Group slightly outperforms Moneta Markets. XM Group is rated five out of five stars for its research capabilities and holds the #8 ranking out of 63 brokers on ForexBrokers.com. In contrast, Moneta Markets is rated four stars and ranks at #32. This distinction suggests that while both provide excellent market insights, XM Group offers a more comprehensive suite of research tools, giving it an edge for traders seeking extensive market analysis options.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | ||
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, XM Group stands out with a comprehensive suite of forex and CFDs educational materials, including over ten beginner-focused videos and a strong lineup of archived webinars. Additionally, XM Group conducts regular monthly webinars to keep their clients engaged and informed. While both XM Group and Moneta Markets provide rich educational content and a searchable archive of webinars, XM Group receives a higher education rating of five stars compared to Moneta Markets' four. This reflects XM Group's ability to cater to both beginner and advanced traders effectively.
Moneta Markets also delivers a substantial educational offering with more than ten beginner videos and advanced trading topics. They further support learners with an investor dictionary that covers over 50 investing terms, enhancing their educational resources further. However, Moneta Markets does not host regular monthly webinars, which is a noteworthy feature XM Group offers. As a result, XM Group ranks higher in the education category, placing 7th out of 63 brokers, while Moneta Markets lands at 33rd, indicating a difference in the depth and accessibility of educational support provided to their clients.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | 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 | 88 | 79 |
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While XM Group does not provide the option to purchase actual delivered cryptocurrency, it does allow trading in cryptocurrency derivatives, similar to Moneta Markets, which also lacks the feature to buy actual delivered cryptocurrency but offers cryptocurrency derivative trading.
In comparing online brokers, XM Group and Moneta Markets both support Visa or Mastercard and bank wires for account funding, while XM Group additionally offers Skrill but neither apparently supports ACH, SEPA, or PayPal for deposits or withdrawals.
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 | 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 | 88 | 79 | |
| Year Founded | 2009 | 2009 | |
| Publicly Traded (Listed) | |||
| Bank | |||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | ||
| 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 | ||
| Canada (CIRO Authorised) | |||
| Hong Kong (SFC Authorised) | |||
| Japan (SFC Authorised) | |||
| Singapore (MAS Authorised) | |||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | |||
| New Zealand (FMA Authorised) | |||
| Regulated in one or more EU or EEA countries (MiFID). | Yes |
| Tier-2 Licenses (Trusted) | XM Group | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | |||
| South Africa (FSCA Authorised) | Yes | ||
| UAE (DFSA/Central Bank Authorised) | Yes | ||
| India (SEBI Authorised) | |||
| 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 | ||
| Int'l Stock Trading (Non CFD) | Yes | ||
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | |||
| 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 | |||
| Inactivity Fee | Yes | ||
| Execution: Agency Broker | |||
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $5 | $50 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | Yes | ||
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers |
| Trading Platforms | XM Group | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | |||
| 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 | |||
| DupliTrade | Yes | ||
| ZuluTrade |
| 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 | Yes | ||
| Mobile Economic Calendar | Yes | Yes |
| Research | XM Group | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | |||
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | XM Group | Moneta Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | ||
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | 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 | 79 | |
| Winner | check_circle | ||
| Review | XM Group Review | Moneta Markets Review |
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