FP Markets
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74.34% of retail CFD accounts lose money.

Vs.

Moneta Markets
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74-89% of retail CFD accounts lose money.

FP Markets Vs. Moneta Markets - Compare and Choose the Right One

Updated Sep 12 2022

Visit

74.34% of retail CFD accounts lose money.

Visit

74-89% of retail CFD accounts lose money.

Overview

FP Markets is a leading Australian broker with a 10,000+ asset offering accompanied by a great variety of tech options such as deploying your own VPS and accessing ENC / DMA pricing.

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

Best For
  • Professional traders looking for DMA pricing on their stocks
  • Professional traders looking to set up a dedicated VPS
  • High volume share traders that benefit from DMA pricing
  • Scalpers looking to take advantage of the spreads and commissions on ECN account
  • International traders looking for an off-shore high leverage broker
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

0

Other Licenses

1

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • FSA (St. Vincent and the Grenadines)
  • VFSC (Vanuatu)
The Good
  • Customisable or removable leverage
  • Broad asset offering (10,000 +)
  • Competitive forex commissions
  • ProTrader platform powered by TradingView
  • Competitive commissions on ECN account
  • Moneta Markets is part of the Vantage group which holds an ASIC license
The Bad
  • No ETFs are offered
  • Stock trading commissions are expensive when compared to similar brokers
  • Website is slow and confusing
  • Fees for the majority of deposit and withdrawal methods
  • 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
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • 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.

📍 Year Founded
2005 2019
💳 Minimum Deposit
$100 From $50 to $200
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Paypal
  • Neteller
  • Skrill
  • FasaPay
  • PayTrust
  • China Union Pay
  • Bpay
  • Broker to broker
  • Sticpay
  • Plusdebit
  • Rupee Payments
  • Dragonpay
  • Perfect Money
  • Paylivre
  • Rapyd
  • Finrax
  • Fairpay
  • Visa
  • Mastercard
  • FasaPay
  • JCB
  • SticPay
  • Bank Transfer
💵 Account Base Currencies
10 - USD, GBP, EUR, AUD, CHF, JPY, HKD, CAD, SGD, NZD. 9 - AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, JP, BE, NZ, SY. 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.
📊 STP Account
Yes Yes
📊 DMA Account
Yes No
📊 ECN Account
Yes Yes
Assets
📚 Available Assets

CFDs on stocks, currencies, commodities, cryptocurrencies and indices

CFDs on stocks, currencies, commodities, indices and cryptocurrencies.

📙 Stocks
10,000 + 226
📘 Currency Pairs
63 44
📗 Commodities
15 19
📕 Indices
17 16
📔 ETFs
295 N/A
💸 Cryptocurrencies
11 6
📒 Bonds
2 N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:
All FPMarkets assets are CFDs.

All of Moneta Markets assets are CFDs.

Trading Experience
📈 Minimum Stock Trade Size
Varies by Stock 1 Share
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC) $1,000 (0.01 Lots)
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 0.01 Troy ounces of Gold) $1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:500
💪 Professional Leverage
Up to 1:500 N/A
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
Yes No
🎓 Demo Account
Yes Yes
📱 IOS App
Yes No
📱 Android App
Yes No
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes No
💻 Web trader
Yes Yes
💻 TradingView Platform
No Yes
💻 Proprietary Platform
Yes No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
Yes No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee
No No
💰 Deposit Fees
Yes depending on method (Eg: Not for credit cards) No
💰 Withdrawal Fees
Yes depending on method (Eg: Not for credit cards) No
💰 Commissions

Commissions vary as follows:

  • Standard account has none
  • Raw account has a $3 per lot commission
  • For IRESS accounts there are various commission structures ranging from 0.1% to 0.08% with a minimum $10 charge.

None in Direct STP accounts, yes in Prime ECN account of $3 per lot side.

Spreads
📈 EUR/USD
Dynamic - From 0 to 1.2 Pips Dynamic - From 0.1 Pips to 1.2 Pips
📉 SP500
Dynamic - From 40 to 60 Pips Dynamic - From 300 Pips
📈 GOLD
Dynamic - From 0 to 31 Pips Dynamic - From 10 to 130 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread N/A
📈 XLK (ETF - CFD)
N/A N/A
📉 BTC
Dynamic - From $9 to $21 Dynamic - From $180 to $230
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No