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


Visit 76.27% of retail CFD accounts lose money.	Visit 74-89% of retail CFD accounts lose money.
Overview
IC Markets is an Australian broker with a global presence specialising in Forex trading. One of their greatest advantages is providing RAW spread accounts with interbank 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 Interbank rates High volume traders that will save great amounts of costs with their low spreads and commissions	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 1 Other Licenses 3 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) CySec (Cyprus) FSA (Seychelles)	ASIC (Australia) FSCA (South Africa) FSA (Seychelles) SVGFSA (Saint Vincent and the Grenadines)
The Good
Customisable leverage per asset before opening trades Interbank rates and low commissions Great platform variety	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
Avaliable assets are limited (Also No ETFs) No ability to purchase real stocks or cryptocurrencies, only CFDs	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
2007	2019
💳 Minimum Deposit Range
$200	$50
💰 Payment Methods
Visa Mastercard Bank Transfer Bitcoin Sofort Paypal Neteller Skrill	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, CA, IL.	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
No	No
📊 ECN Account
Yes	Yes
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	CFDs
Total Asset Offering
1,737	769
Exchange Access
0	0
📙 Real Stocks
0	0
📙 Stock CFDs
1,600	640
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
61	45
📗 Commodities
0	0
📗 Commodities CFDs
22	15
📕 Indices
0	0
📕 Indices CFDs
25	16
📔 ETFs
0	0
📔 ETFs CFDs
0	40
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
18	6
📒 Bonds
0	0
📒 Bonds CFDs
11	7
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
Unavailable	1 Share
📉 Minimum ETFs Trade Size
Unavailable	Unavailable
📈 Minimum Crypto Trade Size
Varies by Cryptocurrency (Eg: 0.01 BTC)	Unavailable
📉 Minimum FX Trade Size
$1,000 - 0.01 Lots	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 - 0.01 Lots	$1,000 (0.01 Lots)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
30	1000
💪 Professional Leverage
500	Unavailable
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
No	No
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	No
📱 Android App
Yes	No
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
📺 cTrader
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
No	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
Yes	No
👫 Social Trading
Yes	No
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
No	No
Fees
💰 Inactivity Fee
None	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
No commissions in standard accounts but rather a 1 Pip spread markup on interbank prices received. For Raw spreads accounts, $7 per lot round turn.	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
Spreads
📈 EUR/USD
Dynamic - From 0 to 0.6 Pips	Dynamic - From 0.1 to 1.2 Pips
📉 SP500
Dynamic - From 20 to 45 Pips	Dynamic - From 300 Pips
📈 GOLD
Dynamic - From 30 Pips	Dynamic - From 10 to 130 Pips
📉 TSLA (Stock CFD)
Dynamic - Market Spread	Dynamic - From $0.22
📈 XLK (ETF - CFD)
Unavailable	Dynamic - From $0.02
📉 BTC
Dynamic - From $8.7 to $42	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
No	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
No	No
📡 Reuters Feed
No	No
📡 Educational Content
Yes	Yes
📡 Live Chat Support
Yes	Yes
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
No	Yes