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Moneta Markets vs Xtrade 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Moneta Markets vs Xtrade, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Moneta Markets
4/5 Stars Overall
  • Minimum Deposit: $50
  • Trust Score: 72
  • Tradeable Symbols (Total): 1016
Xtrade
3.5/5 Stars Overall
  • Minimum Deposit: $250
  • Trust Score: 74
  • Tradeable Symbols (Total): 482

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.

Regulation

Moneta Markets and Xtrade both offer online brokerage services but have distinct profiles when it comes to their regulatory standings and trust assessments. Founded in 2009, Moneta Markets boasts a single Tier-1 and a Tier-2 license, reflecting a level of regulatory oversight that ForexBrokers.com considers highly trusted and trusted, respectively. However, with a Trust Score of 72 out of 99, Moneta Markets is ranked as average risk according to ForexBrokers.com. Despite this, they remain a secure choice for investors seeking regulated trading environments.

Xtrade, on the other hand, has been around since 2003 and holds the same regulatory licenses as Moneta Markets with one Tier-1 and one Tier-2 license. Xtrade surpasses Moneta Markets slightly with a Trust Score of 74, positioning it as an average-risk broker as well. Neither Moneta Markets nor Xtrade is publicly traded or operates as a bank, ensuring a focus on delivering specialized trading services. This comparison highlights their similar regulatory frameworks, though Xtrade holds a marginal edge in trust ratings.

Feature Moneta Markets logoMoneta Markets
Xtrade logoXtrade
Year Founded info 2009 2003
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 1 1
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

When comparing Moneta Markets and Xtrade for their commissions and fees, Moneta Markets offers three account options: commission-based Prime ECN and Ultra ECN accounts, as well as a commission-free Direct STP account. The Direct STP account, while free of commissions, typically has higher spreads, averaging 1.38 pips for the EUR/USD pair in August 2023. On the other hand, the Prime ECN account delivers a more competitive spread of 0.194 pips, with a $6 round-trip commission, resulting in an overall cost of about 0.79 pips. The Ultra ECN account provides tighter spreads with only a $2 round-trip commission, although it requires a $20,000 deposit. Despite these offers, Moneta Markets' pricing is not the most competitive in the forex market.

In contrast, Xtrade does not provide specific data on average spreads, making direct comparisons challenging. Moneta Markets is rated 4.5 stars out of 5 for its cost structure, positioning it at #16 among 62 brokers according to ForexBrokers.com. Meanwhile, Xtrade trails with a rating of 2.5 stars, placing it at the bottom, ranked #62. This significant difference highlights Moneta Markets as a more favorable choice for traders focused on competitive pricing.

Feature Moneta Markets logoMoneta Markets
Xtrade logoXtrade
Minimum Deposit info $50 $250
Average Spread EUR/USD - Standard info 1.38 info N/A info
All-in Cost EUR/USD - Active info 0.79 info N/A info
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing Moneta Markets and Xtrade, both online brokers provide opportunities for forex trading through CFDs and spot contracts. However, they differ significantly in their overall range of tradeable symbols. Moneta Markets offers an impressive 1,016 tradeable symbols, surpassing Xtrade's offering of 482 symbols. Despite this, Xtrade slightly edges out Moneta Markets with 56 tradeable forex pairs compared to Moneta's 54 pairs. Notably, neither broker offers direct trading in exchange-traded securities on U.S. or international exchanges, and both provide the option to trade cryptocurrency derivatives instead of actual cryptocurrencies.

Moneta Markets stands out with the availability of copy trading, a feature not offered by Xtrade, which could appeal to those interested in mirroring the trades of successful investors. In terms of ratings for investment range, Moneta Markets enjoys a slight advantage with 4 stars, while Xtrade is rated 3.5 stars. According to ForexBrokers.com, Moneta Markets is ranked 35th among 62 brokers for investment range, well ahead of Xtrade, which holds the 49th spot. This comparison highlights Moneta Markets as a more versatile option for traders seeking a wider range of investments.

Feature Moneta Markets logoMoneta Markets
Xtrade logoXtrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1016 482
Forex Pairs (Total) info 54 56
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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.

Trading platforms and tools

Moneta Markets and Xtrade both provide traders with simulated trading experiences via free virtual demo accounts, catering to those looking to hone their skills without financial risk. When it comes to platform diversity, Moneta Markets impresses with its offerings of both MetaTrader 4 and MetaTrader 5, whereas Xtrade doesn't support either. Both brokers provide web-based trading platforms, but Moneta Markets goes a step further with the availability of a Windows-based desktop platform, offering more flexibility to its users. Traders interested in social trading might find Moneta Markets more appealing due to its copy trading services, including ZuluTrade support, while Xtrade lacks these features.

Regarding charting tools, Xtrade slightly edges out Moneta Markets by providing 100 drawing tools, compared to Moneta's 78. However, Moneta Markets facilitates trading directly from the chart, matching Xtrade's feature. For those who rely heavily on watch lists, Xtrade might be more appealing with its nine columns compared to Moneta Markets' four. Ultimately, Moneta Markets scores a four-star rating for its trading platforms and tools, ranking #33 out of 62 brokers evaluated by ForexBrokers.com, a clear lead over Xtrade's 3.5-star rating and #58 ranking.

Feature Moneta Markets logoMoneta Markets
Xtrade logoXtrade
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
DupliTrade info No No
ZuluTrade info Yes No
Charting - Indicators / Studies (Total) info 105 N/A
Charting - Drawing Tools (Total) info 78 100
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 4 9
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

When considering the mobile trading apps of Moneta Markets and Xtrade, both brokers provide applications for iPhone and Android users. However, Moneta Markets offers a more feature-rich experience, allowing users to receive stock and forex price alerts, unlike Xtrade. The Moneta Markets app also syncs watchlist symbols with the online account, ensuring seamless transitions between different platforms, a feature not available with Xtrade. Furthermore, Moneta Markets sets itself apart by offering 30 technical studies for charting, alongside the ability to draw trendlines, view multiple time frames, and auto-save drawings on charts -- functionalities that Xtrade’s app lacks.

Additionally, Moneta Markets allows users to create a watchlist with real-time quotes, enhancing the trading process on the go. While both apps are rated 4 out of 5 stars for mobile trading experience, Moneta Markets stands ahead, ranked at #35 among 62 brokers by ForexBrokers.com, compared to Xtrade’s rank at #53. This comparison highlights Moneta Markets as a more versatile choice for traders seeking comprehensive tools and seamless integration in their mobile trading applications.

Feature Moneta Markets logoMoneta Markets
Xtrade logoXtrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info Yes No
Mobile Watchlist info Yes No

Dive deeper: Best Forex Trading Apps.

Market research

When exploring market research capabilities, both Moneta Markets and Xtrade offer daily market commentary and deliver forex news from prominent sources like Bloomberg and Reuters. However, their offerings diverge significantly when it comes to specialized tools and analytics. Moneta Markets boasts a relationship with Trading Central, providing advanced tools for technical analysis, a feature Xtrade does not offer. Additionally, Moneta Markets includes a sentiment-based trading tool, allowing users to gauge long or short positions across various instruments, another advantage not present with Xtrade. Both brokers supply economic calendars to track global economic events, ensuring traders stay informed of upcoming news.

In terms of overall research ratings, Moneta Markets receives a slightly higher score of 4 stars compared to Xtrade's 3.5 stars. Among 62 brokers evaluated by ForexBrokers.com, Moneta Markets secures the 32nd spot for research, while Xtrade is positioned at 52nd. These rankings reflect Moneta Markets' edge in offering a wider array of research tools that cater to different trading strategies, enhancing its appeal to traders seeking comprehensive analysis and insights in the financial markets.

Feature Moneta Markets logoMoneta Markets
Xtrade logoXtrade
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info No No
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to educational resources for beginners, Moneta Markets and Xtrade both provide foundational materials in forex and CFDs, with each offering a minimum of 10 educational pieces like articles and videos. However, Moneta Markets distinguishes itself by offering more beginner-friendly content, including at least 10 educational videos specifically designed for newcomers to trading. Although neither broker provides client webinars or archives of these events, Moneta Markets' focus on beginner resources explains its higher education rating of 4 stars, compared to Xtrade's 3.5 stars.

Xtrade slightly lags behind Moneta Markets in terms of accessible beginner content, though it offers an investor dictionary with definitions of over 50 investing terms, filling a gap that Moneta Markets does not cover. However, Xtrade does not provide as extensive a catalog of beginner or advanced educational videos. This difference plays a role in Moneta Markets being ranked #33 in educational resources by ForexBrokers.com, while Xtrade is positioned at #46 out of 62 brokers. For beginners prioritizing video tutorials specifically designed for traders with less experience, Moneta Markets may offer a more beneficial learning setup.

Feature Moneta Markets logoMoneta Markets
Xtrade logoXtrade
Education (Forex or CFDs) info Yes Yes
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 62 of the best forex brokers, our research and account testing finds that Moneta Markets is better than Xtrade. Moneta Markets finished with an overall rank of #35, while Xtrade finished with an overall rank of #59.

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.

Feature Moneta Markets logoMoneta Markets
Xtrade logoXtrade
Overall Rating info 4/5 Stars 3.5/5 Stars
Trust Score info 72 74
Range of Investments 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 2.5/5 Stars
Platform & Tools 4/5 Stars 3.5/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Moneta Markets or Xtrade?

Both Moneta Markets and Xtrade do not provide the option to purchase actual (delivered) cryptocurrencies, but they do offer the ability to trade cryptocurrency derivatives.

What funding options does each broker offer?

While both Moneta Markets and Xtrade do not support ACH, SEPA, or PayPal transactions, and both offer Visa, Mastercard, and bank wire options for deposits and withdrawals, Xtrade distinguishes itself by providing Skrill as an additional payment method, which Moneta Markets does not offer.




announcementPlease 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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Compare

0 of 5
Overall Rating Moneta Markets Xtrade
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 2.5/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 72 74
Winner check_circle
Review Moneta Markets Review Xtrade Review
Broker Screenshots Moneta Markets Xtrade
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Moneta Markets Xtrade
Trust Score info 72 74
Year Founded info 2009 2003
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes
Tier-1 Licenses info 1 1
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1
Tier-1 Licenses (Highly Trusted) Moneta Markets Xtrade
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info No No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes
Tier-2 Licenses (Trusted) Moneta Markets Xtrade
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes Yes
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Moneta Markets Xtrade
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1016 482
Forex Pairs (Total) info 54 56
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes No
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info 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 Moneta Markets Xtrade
Average Spread EUR/USD - Standard info 1.38 info N/A info
All-in Cost EUR/USD - Active info 0.79 info N/A info
Active Trader or VIP Discounts info No No
Inactivity Fee info No No
Execution: Agency Broker info No No
Execution: Market Maker info Yes Yes
Funding Moneta Markets Xtrade
Minimum Deposit info $50 $250
PayPal (Deposit/Withdraw) info No No
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Moneta Markets Xtrade
Proprietary Platform info No Yes
Desktop Platform (Windows) info Yes No
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes No
MetaTrader 4 (MT4) info Yes No
MetaTrader 5 (MT5) info Yes No
cTrader info No No
DupliTrade info No No
ZuluTrade info Yes No
Trading Tools Moneta Markets Xtrade
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes No
Watchlists - Total Fields info 4 9
Charting - Indicators / Studies (Total) info 105 N/A
Charting - Drawing Tools (Total) info 78 100
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes No
Mobile Trading Moneta Markets Xtrade
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes No
Mobile Watchlist info Yes No
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 N/A
Mobile Charting - Draw Trendlines info Yes No
Mobile Charting - Multiple Time Frames info Yes No
Mobile Charting - Drawings Autosave info Yes No
Mobile Economic Calendar info Yes No
Research Moneta Markets Xtrade
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes No
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education Moneta Markets Xtrade
Education (Forex or CFDs) info Yes Yes
Client Webinars info No No
Client Webinars (Archived) info No No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No Yes
Major Forex Pairs Moneta Markets Xtrade
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Moneta Markets Review Xtrade Review
Overall Moneta Markets Xtrade
Overall Rating info 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 2.5/5 Stars
Range of Investments 4/5 Stars 3.5/5 Stars
Platform & Tools 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 72 74
Winner check_circle
Review Moneta Markets Review Xtrade Review
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