BlackBull Markets Vs. Moneta Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

BlackBull Markets is a global broker headquartered in New Zealand founded in 2014 that specialises in providing CFDs based on shares, commodities, currencies and indices.

Moneta Markets is an international broker that specialises in CFDs trading via MetaTrader 4 and their proprietary platform ProTrader powered by TradingView.

• Experienced currency traders looking for their ECN PRIME account offer with spreads from 0.1 Pips

• Scalpers looking to take advantage of the spreads and commissions on ECN account
• International traders looking for an off-shore high leverage broker.

• FMA (New Zealand)
• FSAS (Seychelles)

• ASIC (Australia)
• FSCA (South Africa)
• FSA (Seychelles)
• SVGFSA (Saint Vincent and the Grenadines)

• Competitive spreads in their ECN Prime account (From 0.1 Pips)
• Wide variety of platforms (MT4, MT5, TradingView and IBKR)
• Over 23,000 + shares

• ProTrader platform powered by TradingView
• Competitive commissions on ECN account
• Moneta Markets is part of the Vantage group which holds an ASIC license

• Their standard asset offering is very low (over 300 instruments)
• Share trading requires a separate platform with a different onboarding
• Commissions are above average and share trading fees are a mystery

• Demo accounts only last 30 days
• Asset offering is extremely low (below 300 instruments)
• Weak regulatory framework with only 1 license
• STP account spreads are really high for industry standards

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Visa
• Mastercard
• Bank Transfer
• Neteller
• FasaPay
• China UnionPay
• Skrill

• Visa
• Mastercard
• FasaPay
• JCB
• SticPay
• Bank Transfer

US, CA, SY, IR.

AF, AS, AL, AU, BY, BE, BM, BA, BG, BI, CA, CF, HR, CU, CY, CD, ER, FR, GU, IR, IQ, IT, JP, LB, LR, LY, MK, ML, ME, MM, KP, PR, GN, GW, RO, SL, RS, SG, SI, SO, SS, SD, ES, SY, US, UK, VI, VE, YE, ZW. 

Yes, $5 for card withdrawals and $20 for international bank transfer withdrawals.

• ECN Standard has no fees.
• ECN PRIME has a $6 commission per lot round turn

In the case of share trading, their fees start from NZD $12 per transaction yet they’re not clearly explained anywhere on their website.

Commission structure varies as follows:

• No commissions on Direct STP account
• $3 per lot per side commission on Prime ECN account
• $1 per lot per side commission on Ultra ECN account