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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: 71
  • 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

When comparing Moneta Markets and Xtrade, it's clear that both online brokers have been around for quite some time, with Xtrade established in 2003 and Moneta Markets in 2009. Neither company is publicly traded or a bank, which may influence certain investor perspectives. In terms of regulatory standing, Moneta Markets holds one Tier-2 license, reflecting a respected level of trust according to ForexBrokers.com. However, it lacks a Tier-1 license, which is considered the most solid regulatory approval.

On the other hand, Xtrade, with its one Tier-1 license, suggests a higher level of regulatory trust. ForexBrokers.com Trust Score gives Moneta Markets a rating of 71, indicating an average risk, while Xtrade scores slightly higher at 74, also categorized under average risk but edging closer to being trusted. This analysis helps potential investors and traders understand the varying degrees of trust and regulation associated with these two brokers, highlighting Xtrade’s slight edge in regulatory assurance.

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 0 1
Tier-2 Licenses info 1 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 1

Fees

Moneta Markets offers a variety of account options that impact the trading costs you experience. It has two commission-based options—the Prime ECN and Ultra ECN accounts—and a commission-free Direct STP account. The Direct STP account spares you any commission fees, but with higher spreads, notably averaging 1.38 pips for the EUR/USD pair in August 2023. Commission-based options offer more competitive costs, with the Prime ECN account having an average spread of 0.194 pips for EUR/USD and a $6 round-turn commission per standard lot, which brings the total cost to around 0.79 pips. Further, the Ultra ECN account offers even tighter spreads and a reduced commission of $2 per round-trip lot, though it requires a significant $20,000 deposit. Moneta Markets has a 4.5-star rating for commissions and fees and ranks 16th out of 63 brokers according to ForexBrokers.com.

As for Xtrade, detailed data on average spreads is not available, making it less transparent regarding its trading costs. This lack of specific fee information can make it challenging for traders to gauge potential expenses accurately before committing. As a result, Xtrade has a lower rating of 2.5 stars for its commissions and fees. It stands at the bottom of ForexBrokers.com’s list, ranking 63rd out of 63 brokers in this category.

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 platforms allow users to trade forex as CFDs. However, Moneta Markets offers a significantly greater variety of tradeable symbols, boasting 1,016 compared to Xtrade's 482. In terms of forex pairs, Xtrade edges ahead slightly with 56 pairs, whereas Moneta Markets provides 45. Unfortunately, neither broker permits clients to purchase exchange-traded securities on U.S. or international exchanges directly. Despite this, both platforms enable trading of cryptocurrency derivatives, but neither offers the purchase of actual cryptocurrencies.

Moneta Markets offers copy trading to its clients, a feature not available with Xtrade. This, combined with its broader range of tradeable symbols, contributes to its higher rating of 4 stars for Range of Investments, compared to Xtrade's 3.5 stars. According to ForexBrokers.com, Moneta Markets ranks 35th out of 63 brokers in this category, clearly outperforming Xtrade, which sits at the 49th position. The diverse offerings of Moneta Markets make it a more attractive choice for investors seeking a wide range of investment options.

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 45 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

When comparing Moneta Markets and Xtrade for their trading platforms, both brokers offer simulated trading with free virtual demo accounts, making it easy for users to practice without risk. However, Moneta Markets relies on established platforms like MetaTrader 4 and 5, while Xtrade has developed its own proprietary platform. This can be a key factor for traders who prefer custom-built tools over standard solutions. Additionally, Moneta Markets offers a Windows-based desktop trading platform, which Xtrade does not, but both brokers provide web-based platforms for easy accessibility. Furthermore, while Moneta Markets supports copy trading through DupliTrade, Xtrade lacks this feature, potentially affecting traders who look to mirror experienced investors.

Regarding charting tools, Moneta Markets excels with 78 drawing tools compared to Xtrade’s 100, yet Moneta Markets allows direct trading from stock charts, aligning with Xtrade on this capability. Watch list customization also varies, with Moneta Markets providing 4 columns versus Xtrade’s 9, offering more personalized tracking for stocks. Lastly, in terms of ratings, Moneta Markets scores a commendable four stars for its trading platforms and tools, ranking 33rd out of 63 brokers according to ForexBrokers.com. Meanwhile, Xtrade ranks lower at 58th with a 3.5-star rating, reflecting the broader range of options and features available with Moneta Markets.

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 Yes No
ZuluTrade info No 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

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

Forex trading apps

For traders seeking a mobile app with a comprehensive suite of features, Moneta Markets distinguishes itself from Xtrade in several key areas. Both brokers offer mobile apps compatible with iPhone and Android systems, but Moneta Markets provides stock or forex price alerts, which Xtrade does not. Moneta Markets enhances the user experience through watchlist symbol syncing, ensuring changes made either on the mobile app or online account synchronize seamlessly, a feature absent in Xtrade's offering. Moneta Markets also boasts 30 technical studies for charting, allowing traders to utilize sophisticated analysis tools directly in the app, while Xtrade does not offer details on technical studies.

Charting capabilities are robust with Moneta Markets, which allows users to draw trendlines and view multiple time frames on both stock and forex charts. These chart enhancements are coupled with auto-saving features, meaning traders can reflect on historical data effortlessly. In contrast, Xtrade lacks these features, making it less versatile for in-depth chart analysis. Moneta Markets also lets you create a watchlist with real-time quotes, a capability Xtrade's app does not provide. Although both platforms are rated four stars for their mobile trading apps, Moneta Markets ranks higher at #35 compared to Xtrade's #53, indicating a more favorable reception within the trading community.

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 comparing the market research offerings of Moneta Markets and Xtrade, both platforms provide valuable daily market commentary and deliver forex news sourced from top-tier outlets like Bloomberg and Reuters. However, the differences become more apparent in terms of the tools they offer. Moneta Markets provides technical analysis tools from Trading Central, offering traders enhanced insights, whereas Xtrade does not. Additionally, Moneta Markets includes a sentiment-based trading tool, informing traders about market trends with a straightforward view of long and short positions across various instruments, a feature Xtrade lacks. Both brokers provide an economic calendar, helping traders stay updated on global news events.

In terms of market research quality, Moneta Markets receives a commendable 4-star rating, positioning it as a strong choice for insightful analysis, while Xtrade is rated at 3.5 stars. Moneta Markets also stands out in rankings by ForexBrokers.com, holding the 32nd spot out of 63 brokers in the research category, significantly ahead of Xtrade, which is ranked at 52nd. While both platforms offer competent research features, Moneta Markets presents a more comprehensive suite of tools and insights, making it a more attractive option for traders interested in detailed market analysis.

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 comparing Moneta Markets and Xtrade for educational resources tailored to beginners, both online brokers provide a solid range of educational materials centered on forex and CFDs, each offering over 10 resources including articles, videos, and archived webinars. However, Moneta Markets distinguishes itself with a searchable archive of recorded webinars, allowing users to revisit past sessions at their convenience—a feature Xtrade does not offer. Furthermore, Moneta Markets excels in providing over 10 beginner-focused educational videos, specifically designed to help newcomers understand trading concepts. Xtrade lacks this depth in beginner video resources, which can be a limitation for those just starting their trading journey.

Moving towards advanced education, Moneta Markets continues to maintain an edge by offering a series of videos targeted at more experienced traders, a category in which Xtrade falls short. Both platforms, however, do feature an investor dictionary with definitions for more than 50 investment terms, catering to traders who want to familiarize themselves with industry jargon. Overall, Moneta Markets receives a higher education rating of 4 stars compared to Xtrade's 3.5 stars. Moneta Markets is ranked #33 among 63 brokers in the Education category by ForexBrokers.com, whereas Xtrade is positioned at #46, reflecting Moneta Markets’ slightly superior educational offerings.

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

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 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 #60.

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 71 74
Range of Investments 4/5 Stars 3.5/5 Stars
Commissions & Fees 4.5/5 Stars 2.5/5 Stars
Platforms & 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
Platforms & 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 71 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 71 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 0 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 No 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 45 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 Yes No
ZuluTrade info No 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 Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes 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
Platforms & 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 71 74
Winner check_circle
Review Moneta Markets Review Xtrade Review
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