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

Vs.

eToro
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74% of retail CFD accounts lose money.

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

Updated Apr 04 2023

Visit

74-89% of retail CFD accounts lose money.

Visit

74% of retail CFD accounts lose money.

Overview

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

eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.

Best For
  • Scalpers looking to take advantage of the spreads and commissions on ECN account
  • International traders looking for an off-shore high leverage broker.
  • New traders looking to use the copy trading feature
  • Experienced traders looking to monetise their skills by gaining followers
  • Passive investors looking to buy and hold shares with no commissions
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

3

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FSCA (South Africa)
  • FSA (Seychelles)
  • SVGFSA (Saint Vincent and the Grenadines)
  • CySec (Cyprus)
  • FCA (UK)
  • ASIC (Australia)
  • FSAS (Seychelles)
The Good
  • ProTrader platform powered by TradingView
  • Competitive commissions on ECN account
  • Moneta Markets is part of the Vantage group which holds an ASIC license
  • Social and Copy trading capabilities
  • Trading real shares and cryptocurrencies
The Bad
  • 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
  • Copy Trading statistics are not clear enough
  • Lack of advanced order placement controls
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
2019 2007
💳 Minimum Deposit Range
$50 From $50 to $200
💰 Payment Methods
  • Visa
  • Mastercard
  • FasaPay
  • JCB
  • SticPay
  • Bank Transfer
  • Visa
  • Mastercard
  • Bank Transfer
  • Sofort
  • Neteller
  • Paypal
  • Skrill
💵 Account Base Currencies
9 - AUD, USD, GBP, EUR, SGD, CAD, NZD, JPY, HKD. 1 - USD.
🗽 Available to U.S Citizens
No Yes
❌ Restricted Countries

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. 

AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM.

📊 STP Account
Yes Yes
📊 DMA Account
No Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
769 4,245
Exchange Access
0 0
📙 Real Stocks
0 2,000
📙 Stock CFDs
640 2,000
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
45 47
📗 Commodities
0 0
📗 Commodities CFDs
15 14
📕 Indices
0 0
📕 Indices CFDs
16 13
📔 ETFs
0 0
📔 ETFs CFDs
40 145
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
6 26
📒 Bonds
0 0
📒 Bonds CFDs
7 0
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share $10
📉 Minimum ETFs Trade Size
Unavailable $10
📈 Minimum Crypto Trade Size
Unavailable $10
📉 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
1000 30
💪 Professional Leverage
Unavailable Unavailable
✍ Customisable Leverage
Yes Yes
🎲 Deleveraged Trading
No Yes
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes No
📺 MetaTrader 5
Yes No
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
Yes No
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No Yes
👫 Social Trading
No Yes
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
None

After 12 months of inactivity, a $10 monthly inactivity fee will be charged.

💰 Deposit Fees
None

Conversion fees apply.

💰 Withdrawal Fees
None

$5 flat fee.

💰 Commissions

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

No commissions on real stocks and ETFs

Spreads
📈 EUR/USD
Dynamic - From 0.1 to 1.2 Pips Dynamic - From 1 Pip
📉 SP500
Dynamic - From 300 Pips Dynamic - From 75 Pips
📈 GOLD
Dynamic - From 10 to 130 Pips Dynamic - From 45 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.22 Dynamic - From 0.09%
📈 XLK (ETF - CFD)
Dynamic - From $0.02 Dynamic - From 0.09%
📉 BTC
Unavailable Fixed - 1%
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes Yes
📡 Video Tutorials
Yes Yes
📡 Account Management
No No
📡 Webinars
Yes No