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

Vs.

XTB
Visit

79% of retail CFD accounts lose money.

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

Updated Apr 04 2023

Visit

74-89% of retail CFD accounts lose money.

Visit

79% 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.

XTB is an international broker specialised in CFD trading and low cost forex spreads.

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.
  • Experienced forex traders looking for low spreads
  • Experienced stock traders looking for trading particular stocks under low spreads (with commission)
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)
  • CMNV (Spain)
  • UKNF (Poland)
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
  • Low forex & stock spreads
  • Professional platform with customisable layouts
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
  • No ability to remove or customise leverage
  • High commissions on stocks & ETFs
  • All instruments are CFDs, you can't buy underlying assets (real stocks or cryptocurrencies)
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 2002
💳 Minimum Deposit Range
$50 0
💰 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. 5 - USD, GBP, EUR, PLN, HUF.
🗽 Available to U.S Citizens
No No
❌ 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. 

US, SY, IR.

📊 STP Account
Yes Yes
📊 DMA Account
No No
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No No
Assets
📚 Assets Type
CFDs CFDs
Total Asset Offering
769 2,131
Exchange Access
0 0
📙 Real Stocks
0 0
📙 Stock CFDs
640 1,877
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
45 57
📗 Commodities
0 0
📗 Commodities CFDs
15 21
📕 Indices
0 0
📕 Indices CFDs
16 36
📔 ETFs
0 0
📔 ETFs CFDs
40 135
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
6 5
📒 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 $50 trade value
📉 Minimum ETFs Trade Size
Unavailable $50 trade value
📈 Minimum Crypto Trade Size
Unavailable Varies by Crypto (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
$1,000 (0.01 Lots) Varies by Commoditty (Eg: 0.01 Troy ounces of Gold)
📉 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 500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
No No
🎓 Demo Account
Yes Yes
📱 IOS App
No Yes
📱 Android App
No Yes
📺 MetaTrader 4
Yes Yes
📺 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 No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
None

$10 monthly after 1 year of inactivity.

💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 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

For Stocks and ETFs there is an 0.08% commission with $8 minimum.

Spreads
📈 EUR/USD
Dynamic - From 0.1 to 1.2 Pips Dynamic - From 0 to 0.8 Pips
📉 SP500
Dynamic - From 300 Pips Dynamic - From 50 Pips
📈 GOLD
Dynamic - From 10 to 130 Pips Dynamic - From 35 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.22 Dynamic - Market Spread
📈 XLK (ETF - CFD)
Dynamic - From $0.02 Dynamic - Market Spread
📉 BTC
Unavailable Dynamic - From $120
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No No
📡 Reuters Feed
No No
📡 Educational Content
Yes Yes
📡 Live Chat Support
Yes No
📡 Video Tutorials
Yes No
📡 Account Management
No No
📡 Webinars
Yes Yes