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Our top alternative brokers to Moneta Markets
Axi
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73.9% of retail CFD accounts lose money
IC Markets
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74.32% of retail CFD accounts lose money
Moneta Markets Alternatives

The best alternatives to Moneta Markets are

  1. Axi - Australian forex broker
  2. IC Markets - Global forex broker
  3. Eightcap - Global forex broker
  4. TMGM - Global forex broker

Let's see in a bit more detail how the Moneta Markets alternatives compare to Moneta Markets and each other:

Moneta Markets alternatives comparison
Moneta Markets Axi IC Markets Eightcap TMGM
Overall score 4.3 4.4 4.5 4.4 4.5
Fees score 3.9 stars 4.2 stars 4.6 stars 4.5 stars 4.6 stars
Account opening score 5.0 stars 4.2 stars 5.0 stars 5.0 stars 5.0 stars
Deposit and withdrawal score 4.5 stars 4.4 stars 4.9 stars 4.5 stars 4.3 stars
Web platform score 3.8 stars 2.8 stars 2.8 stars 3.1 stars 2.8 stars
Markets and products score 2.0 stars 2.3 stars 2.4 stars 1.8 stars 2.4 stars
Visit broker
73.9% of retail CFD accounts lose money
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74.32% of retail CFD accounts lose money
Visit broker
74-89% of retail CFD accounts lose money
Visit broker
68% of retail CFD accounts lose money

Why are these brokers considered good alternatives to Moneta Markets? There are many areas based on which Moneta Markets can be compared with others. When we say a given online broker is a good alternative to Moneta Markets we mean these brokers are comparable in the following areas:

  • The products they offer, meaning you can buy mostly the same things, i.e. stocks, CFDs, options, etc.
  • The type of clients they target, i.e. beginners, experienced investors, or day traders.

Moneta Markets alternatives recommendations

Brokers are different in a number of ways, which means each of them may be suitable for different people. Here's how they compare overall:

  • Moneta Markets is recommended for forex and cfd traders familiar with the metatrader trading platforms
  • Axi is recommended for forex traders familiar with the metatrader 4 platform
  • IC Markets is recommended for forex and cfd traders who value easy account opening and free deposit/withdrawal options
  • Eightcap is recommended for forex traders who prefer the metatrader platform
  • TMGM is recommended for forex traders who prefer the metatrader platform

Important factors of finding Moneta Markets alternatives

So far BrokerChooser has reviewed 102 online brokers in detail, which gives this comparison a solid starting point.

Not only that, but all of these brokers are reviewed using the exact same broker review methodology, which makes everything easily comparable. For each broker, we

  • open a live account
  • check over 100 criteria, with weighting based on readers' preferences
  • refresh data regularly

Whether Moneta Markets or one of its alternatives is the best choice for you is on the following five broker characteristics that most interest people:

Fees. There are different types of fees that your online brokerage may charge, and both the number and the size of these fees may vary significantly from broker to broker. Both of these aspects can impact your returns and your overall experience. Moneta Markets is one of the cheaper brokers, so if this is an important consideration for you, make sure you pick a similarly low-cost Moneta Markets alternative.

Account opening. To open an account some brokers require at least €50,000 to be invested, while others don't set a minimum first-time deposit. The time it takes to open your account can be very different as well. At Moneta Markets this is not a problem as you can have it ready on the same day you registered.

Deposit/withdrawal. The number of ways that you can deposit or withdraw money to or from your account matters a lot. For example, while you can make a deposit with a credit card at Moneta Markets, this might not be the case at its alternatives.

Web trading platform. While online brokers are usually available on various platforms like mobile apps, tablet apps or desktop software, most people use them through their web platform in a browser. User-friendly trading platforms that offer many different resources can significantly increase your trading comfort.

Markets and products. A lot of people have specific products they would like to invest in. Knowing whether stocks, forex, mutual funds, and other products are available at the given Moneta Markets alternative is a must.


Now let's dive into the details of how Moneta Markets and its alternatives perform in the most important areas!

Moneta Markets alternatives
Axi

Axi (previously known as AxiTrader) is an Australian forex broker founded in 2007. The "Axi" brand was launched in 2020.

Axi is regulated by multiple financial authorities worldwide, such as the UK's Financial Conduct Authority (FCA), the Australian Securities and Investments Commission (ASIC) and the Dubai Financial Services Authority (DFSA). Being regulated by several top-tier authorities is a good sign for Axi's safety.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73.9% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders familiar with the metatrader 4 platform

Pros Cons
Low forex fees Only forex and CFD trading
No withdrawal/deposit fees Limited research tools
Fully digital account opening 24/5 customer service

Visit broker
73.9% of retail CFD accounts lose money

Fees
4.2

Axi has low forex and CFD fees, and deposits and withdrawals are free of charge.
Pros Cons
Low forex fees Inactivity fee
No withdrawal fee
Low CFD fees
Moneta Markets vs. Axi: Trading fees
Axi Moneta Markets
EURUSD benchmark fee $8.3 $6.1
EURGBP benchmark fee $10.8 $7.7

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

Visit broker More
73.9% of retail CFD accounts lose money

Account opening
4.2

Account opening at Axi is user-friendly and fully digital, but it takes a bit longer than at similar online brokers.
Pros Cons
Fully digital Slower account opening time
No minimum deposit
User-friendly
Moneta Markets vs. Axi: Minimum deposit, time to open an account
Axi Moneta Markets
Minimum deposit $0 $50
Time to open account 1-3 days 1 day

If you are interested more in Axi minimum deposit, this overview will help you.

Visit broker More
73.9% of retail CFD accounts lose money

Deposit and withdrawal
4.4

Axi charges no deposit or withdrawal fees. You can use either bank card, bank transfer or e-wallets for deposits, but there are some withdrawal limitations for bank cards.
Pros Cons
Credit/Debit card available Some restrictions apply to withdrawals
Free withdrawal
No deposit fee
Moneta Markets vs. Axi: Withdrawal options
Axi Moneta Markets
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Visit broker More
73.9% of retail CFD accounts lose money

Web trading platform
2.8

The web trading platform of Axi (provided by MetaTrader) is highly customizable and has a clear fee report. On the other hand, its design is outdated and it lacks price alerts.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Web trading platform of Axi, a Moneta Markets alternative
Moneta Markets vs. Axi: Trading platform scores
Axi Moneta Markets
Web platform score 2.8 stars 3.8 stars
Mobile platform score 3.8 stars 4.3 stars
Desktop platform score 3.4 stars 3.4 stars

Learn more about Axi's web trading platform in the detailed Axi review.

Visit broker
73.9% of retail CFD accounts lose money

Markets and products
2.3

At Axi, you can trade only forex and CFDs. Other popular asset classes like real stocks or ETFs are not available.
Moneta Markets vs. Axi: Markets and products
Axi Moneta Markets
Stocks No No
ETFs No No
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes Yes

Visit broker More
73.9% of retail CFD accounts lose money

Verdict

Axi is regulated by multiple authorities globally, including the UK's FCA and ASIC in Australia.

On the plus side, forex fees are low, and deposits and withdrawals are free of charge. Account opening is easy and fully digital, without any minimum deposit, which is also great.

Axi has some drawbacks, though. Its product range is limited to forex and CFDs, and its research tools lack recommendations and fundamental data. In addition, customer support is available only 24/5.

Feel free to try Axi as its trading fees are low and there are no deposit or withdrawal fees.

Axi
Summary Axi (previously known as AxiTrader) is an Australian forex broker, regulated by top-tier authorities such as the UK's FCA and Australia's ASIC.
Fees score 4.2 stars
Recommended for Forex traders familiar with the MetaTrader 4 platform

Visit broker More
73.9% of retail CFD accounts lose money

Moneta Markets alternatives
IC Markets

IC Markets is an Australia-based global forex broker founded in 2007. The company has several branches and is regulated by the Cyprus Securities and Exchange Commission (CySEC), the Seychelles Financial Supervisory Authority (FSA) and the Australian Securities and Investments Commission (ASIC).

IC Markets is considered safe because it is regulated by the top-tier ASIC.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74.32% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders who value easy account opening and free deposit/withdrawal options

Pros Cons
Low forex fees Limited product selection
Easy and fast account opening Slow live chat support
Free deposit and withdrawal No investor protection for non-EU clients
Offer standard accounts and raw spread accounts

Visit broker
74.32% of retail CFD accounts lose money

Fees
4.6

IC Markets has low trading and non-trading fees. There is no inactivity or withdrawal fee. On the negative side, financing rates for CFDs are high.
Pros Cons
Low trading fees High financing rate for CFDs
Low non-trading fees
Low forex fees
Moneta Markets vs. IC Markets: Trading fees
IC Markets Moneta Markets
EURUSD benchmark fee $5.8 $6.1
EURGBP benchmark fee $7.1 $7.7

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

Visit broker More
74.32% of retail CFD accounts lose money

Account opening
5.0

The account opening process at IC Markets is user-friendly and fully digital. Our account was approved within a day, which is very fast.
Pros Cons
Fast None
Fully digital
Low minimum deposit
Moneta Markets vs. IC Markets: Minimum deposit, time to open an account
IC Markets Moneta Markets
Minimum deposit $200 $50
Time to open account 1 day 1 day

If you are interested more in IC Markets minimum deposit, this overview will help you.

Visit broker More
74.32% of retail CFD accounts lose money

Deposit and withdrawal
4.9

IC Markets's deposit and withdrawal services are great, with many options available, mostly free of charge. On the negative side, withdrawal can only be made in the way that funding happened.
Pros Cons
Credit/Debit card available Some restrictions apply to withdrawals
No deposit fee
Several account base currencies
Moneta Markets vs. IC Markets: Withdrawal options
IC Markets Moneta Markets
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Visit broker More
74.32% of retail CFD accounts lose money

Web trading platform
2.8

The web trading platform of IC Markets is provided by MetaTrader. The platform is highly customizable, available in many languages, and has a clear fee report. On the other hand, it lacks a two-step login and price alerts, and the design is outdated.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Web trading platform of IC Markets, a Moneta Markets alternative
Moneta Markets vs. IC Markets: Trading platform scores
IC Markets Moneta Markets
Web platform score 2.8 stars 3.8 stars
Mobile platform score 3.8 stars 4.3 stars
Desktop platform score 3.4 stars 3.4 stars

Learn more about IC Markets's web trading platform in the detailed IC Markets review.

Visit broker
74.32% of retail CFD accounts lose money

Markets and products
2.4

At IC Markets, you can trade only forex and CFDs. In other words, many popular asset classes, such as real stocks and ETFs, are not available.
Moneta Markets vs. IC Markets: Markets and products
IC Markets Moneta Markets
Stocks No No
ETFs No No
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes Yes

Visit broker More
74.32% of retail CFD accounts lose money

Verdict

IC Markets is a great forex broker.

Its forex fees are low and opening an account is fast and easy. Deposits and withdrawals are free of charge and the process is user-friendly. The education section on the website is great.

On the other hand, IC Markets offers only forex and CFD products for trading. In addition, live chat support could be better, and non-EU clients are not covered by any investor protection scheme.

Feel free to try IC Markets as you can open an account within a day and there is no inactivity fee.

IC Markets
Summary IC Markets is a global forex and CFD broker. The company is regulated by finanacial authorities globally, including the top-tier ASIC.
Fees score 4.6 stars
Recommended for Forex and CFD traders who value easy account opening and free deposit/withdrawal options

Visit broker More
74.32% of retail CFD accounts lose money

Moneta Markets alternatives
Eightcap

Eightcap is an Australian global forex broker that was founded in 2009. The company operates two entities, regulated by the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC).

Eightcap is considered safe because it is regulated by the top-tier ASIC.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders who prefer the metatrader platform

Pros Cons
Low forex fees Slim product selection
Seamless, quick account opening Limited research and educational tools
Free deposit and withdrawal No investor protection

Visit broker
74-89% of retail CFD accounts lose money

Fees
4.5

Eightcap has low forex and CFD fees, especially if you choose the Raw account. There are also no inactivity or withdrawal fees you have to pay.
Pros Cons
Low trading fees None
Low non-trading fees
Low forex fees
Moneta Markets vs. Eightcap: Trading fees
Eightcap Moneta Markets
EURUSD benchmark fee $5.6 $6.1
EURGBP benchmark fee $6.4 $7.7

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

Visit broker More
74-89% of retail CFD accounts lose money

Account opening
5.0

Opening an account at Eightcap is seamless and fast. The whole process is fully digital and your account should be approved within one day.
Pros Cons
Fully digital None
Low minimum deposit
User-friendly
Moneta Markets vs. Eightcap: Minimum deposit, time to open an account
Eightcap Moneta Markets
Minimum deposit $100 $50
Time to open account 1 day 1 day

If you are interested more in Eightcap minimum deposit, this overview will help you.

Visit broker More
74-89% of retail CFD accounts lose money

Deposit and withdrawal
4.5

At Eightcap deposits are free, as are most withdrawal methods, with e-wallet options also available. The selection of account base currencies is limited however to major currencies.
Pros Cons
Credit/Debit card available No minor currencies available
Free withdrawal
No deposit fee
Moneta Markets vs. Eightcap: Withdrawal options
Eightcap Moneta Markets
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Visit broker More
74-89% of retail CFD accounts lose money

Web trading platform
3.1

Eightcap gives access to MetaTrader 5 web trading platform, but not for MetaTrader 4. The MT5 platform is similar to MT4 - it is customizable, but has more order types. However, price alerts are still not available, and there's no two-factor authentication.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Good variety of order types
Web trading platform of Eightcap, a Moneta Markets alternative
Moneta Markets vs. Eightcap: Trading platform scores
Eightcap Moneta Markets
Web platform score 3.1 stars 3.8 stars
Mobile platform score 3.8 stars 4.3 stars
Desktop platform score 3.4 stars 3.4 stars

Learn more about Eightcap's web trading platform in the detailed Eightcap review.

Visit broker
74-89% of retail CFD accounts lose money

Markets and products
1.8

Eightcap's product selection covers only forex and CFDs for MT4 users. MT5 users can also access CFD cryptos but overall, popular asset types like real stocks and ETFs are not available.
Moneta Markets vs. Eightcap: Markets and products
Eightcap Moneta Markets
Stocks No No
ETFs No No
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes Yes

Visit broker More
74-89% of retail CFD accounts lose money

Verdict

We recommend Eightcap for users looking for a MetaTrader 4-5 broker with low forex fees and fast and easy account opening. It is also great that deposits and withdrawals are free of charge on the broker's end, with a user-friendly process.

On the other hand, available products are limited to CFDs, forex and cryptos (for MT5 clients). The research and educational tools are also limited.

Feel free to try Eightcap if you'd like to have a verified broker account with low forex fees within a day.

Eightcap
Summary Eightcap is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
Fees score 4.5 stars
Recommended for Forex traders who prefer the MetaTrader platform

Visit broker More
74-89% of retail CFD accounts lose money

Moneta Markets alternatives
TMGM

TMGM, or Trademax Global Markets, is an Australia-based global forex broker founded in 2013. The company has several branches and is regulated by the Australian Securities and Investment Commission (ASIC), the New Zealand Financial Markets Authority (FMA) and the Vanuatu Financial Services Commission (VFSC).

TMGM is considered safe because it is regulated by the top-tier ASIC.

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex traders who prefer the metatrader platform

Pros Cons
Low forex fees Slim product portfolio
Easy and fast account opening Limited research and educational tools
Free deposit and withdrawal Inactivity fee

Visit broker
68% of retail CFD accounts lose money

Fees
4.6

TMGM has low forex and CFD fees. While TMGM doesn't charge a fee for withdrawals, there's an inactivity fee if you don't trade for more than six months.
Pros Cons
Low trading fees Inactivity fee
Low forex fees
No withdrawal fee
Moneta Markets vs. TMGM: Trading fees
TMGM Moneta Markets
EURUSD benchmark fee $6.1 $6.1
EURGBP benchmark fee $7.3 $7.7

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

Visit broker More
68% of retail CFD accounts lose money

Account opening
5.0

The account opening process at TMGM is user-friendly and fully digital. It was also very quick, as our account was approved within a day.
Pros Cons
Fast None
Fully digital
Low minimum deposit
Moneta Markets vs. TMGM: Minimum deposit, time to open an account
TMGM Moneta Markets
Minimum deposit $100 $50
Time to open account 1 day 1 day

If you are interested more in TMGM minimum deposit, this overview will help you.

Visit broker More
68% of retail CFD accounts lose money

Deposit and withdrawal
4.3

TMGM's depositing and withdrawal services are great. Many options are available for moving your money in and out, and they are free of charge.
Pros Cons
Credit/Debit card available Minor currencies not accepted
Free withdrawal
No deposit fee
Moneta Markets vs. TMGM: Withdrawal options
TMGM Moneta Markets
Bank transfer Yes Yes
Credit/debit card Yes Yes
Electronic wallets Yes Yes
Withdrawal fee $0 $0

Visit broker More
68% of retail CFD accounts lose money

Web trading platform
2.8

TMGM uses the MetaTrader web trading platform. It is highly customizable and has a clear fee report, but its design is outdated and it lacks a two-step login and price alerts.
Pros Cons
Clear fee report No two-step (safer) login
Good customizability (for charts, workspace) No price alerts
Order confirmation Poor design
Web trading platform of TMGM, a Moneta Markets alternative
Moneta Markets vs. TMGM: Trading platform scores
TMGM Moneta Markets
Web platform score 2.8 stars 3.8 stars
Mobile platform score 3.8 stars 4.3 stars
Desktop platform score 3.4 stars 3.4 stars

Learn more about TMGM's web trading platform in the detailed TMGM review.

Visit broker
68% of retail CFD accounts lose money

Markets and products
2.4

At TMGM, you can trade only forex, CFDs and cryptos. This means that many popular asset classes, like real stocks and ETFs, are not available.
Moneta Markets vs. TMGM: Markets and products
TMGM Moneta Markets
Stocks No No
ETFs No No
Forex Yes Yes
Funds No No
Bonds No No
Options No No
Futures No No
CFDs Yes Yes
Crypto Yes Yes

Visit broker More
68% of retail CFD accounts lose money

Verdict

TMGM's forex fees are low, and account opening is fast and easy. Deposits and withdrawals are free of charge, and the process is user-friendly.

On the other hand, the product portfolio covers only forex and CFDs. In addition, clients are not covered by any investor protection.

Feel free to try TMGM, as you can easily open an account within a day.

TMGM
Summary TMGM is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
Fees score 4.6 stars
Recommended for Forex traders who prefer the MetaTrader platform

Visit broker More
68% of retail CFD accounts lose money

Moneta Markets alternatives
Moneta Markets

Moneta Markets is a global CFD and forex broker that was founded in 2020. Moneta Markets is a brand name of Vantage Group, which is regulated by several authorities globally, including the top-tier Australian Securities and Investments Commission (ASIC). Moneta Markets itself is regulated by the Vanuatu Financial Services Commission (VFSC).

Disclaimer: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Recommended for forex and cfd traders familiar with the metatrader trading platforms

Pros Cons
Low forex fees Limited product selection
Easy and quick account opening High stock CFD fees
Seamless deposit and withdrawal No investor protection

Fees
3.9

Moneta Markets has low forex trading fees and non-trading fees. On the other hand, the fees for trading stock CFDs are high.
Pros Cons
Low forex fees High stock CFD fees
No withdrawal fee
No inactivity fee
Moneta Markets alternatives trading fees
Moneta Markets Axi IC Markets Eightcap TMGM
EURUSD benchmark fee $6.1 $8.3 $5.8 $5.6 $6.1
EURGBP benchmark fee $7.7 $10.8 $7.1 $6.4 $7.3

Includes spreads, commissions, and financing rate for opening a $20k position, holding for a week, and closing.

Account opening
5.0

The account opening process at Moneta Markets is fast and fully digital. The brokerage delivers on its promise of a quick sign-up, as opening an account takes less than 5 minutes.
Pros Cons
Fast None
Fully digital
Low minimum deposit
Moneta Markets alternatives minimum deposit and account open times
Moneta Markets Axi IC Markets Eightcap TMGM
Minimum deposit $50 $0 $200 $100 $100
Time to open account 1 day 1-3 days 1 day 1 day 1 day

Learn more about Moneta Markets minimum deposit here.

Deposit and withdrawal
4.5

Moneta Markets offers a great variety of deposit and withdrawal options. While the first withdrawal by bank transfer each month is free, after that a high $20 fee is charged.
Pros Cons
No deposit fee High fee for bank transfer withdrawal (after one free each month)
Several account base currencies
Quick deposit and withdrawal
Moneta Markets and alternatives withdrawal options and fees
Moneta Markets Axi IC Markets Eightcap TMGM
Bank transfer Yes Yes Yes Yes Yes
Credit/debit card Yes Yes Yes Yes Yes
Electronic wallets Yes Yes Yes Yes Yes
Withdrawal fee $0 $0 $0 $0 $0

Web trading platform
3.8

The Moneta Markets web trading platform is user-friendly with a great search function. However, the customizability is limited.
Pros Cons
User-friendly Limited customizability (for charts, workspace)
Clear fee report No price alerts
Good search function
Moneta Markets - Web trading platform
Moneta Markets and alternatives trading platform scores
Moneta Markets Axi IC Markets Eightcap TMGM
Web platform score 3.8 stars 2.8 stars 2.8 stars 3.1 stars 2.8 stars
Mobile platform score 4.3 stars 3.8 stars 3.8 stars 3.8 stars 3.8 stars
Desktop platform score 3.4 stars 3.4 stars 3.4 stars 3.4 stars 3.4 stars

Learn more about Moneta Markets's web trading platform in the detailed Moneta Markets review.

Markets and products
2.0

At Moneta Markets you can only trade forex, CFDs and crypto. Thus many popular asset classes, such as real stocks or ETFs, are not available as products to trade.
Moneta Markets and alternatives markets and products
Moneta Markets Axi IC Markets Eightcap TMGM
Stocks No No No No No
ETFs No No No No No
Forex Yes Yes Yes Yes Yes
Funds No No No No No
Bonds No No No No No
Options No No No No No
Futures No No No No No
CFDs Yes Yes Yes Yes Yes
Crypto Yes Yes Yes Yes Yes

Verdict

Moneta Markets is a global forex and CFD broker.

On the plus side, it offers low forex and non-trading fees. The account opening and the deposit/withdrawal processes are seamless and most of them are free of charge.

There are some drawbacks though. The product offering at Moneta Markets is limited to forex, CFDs and cryptos. We also found that stock CFD fees are high. Lastly, there is no investor protection provided.

Feel free to give Moneta Markets a try, as you will have an account within a day and there is no inactivity fee.

Moneta Markets
Summary Moneta Markets is a global forex and CFD broker. Moneta Markets is a brand name of Vantage Group, which is regulated by several authorities, including the top-tier ASIC.
Fees score 3.9 stars
Recommended for Forex and CFD traders familiar with the MetaTrader trading platforms

Moneta Markets alternatives
Bottom line

Based on our analysis, there are several good alternatives to Moneta Markets. They all offer similar products and target similar customers. Here's a recap of the results in a table.

Moneta Markets alternatives
Broker Info Recommended for
Moneta Markets Global CFD and forex broker Forex and CFD traders familiar with the MetaTrader trading platforms
Axi Australian forex broker Forex traders familiar with the MetaTrader 4 platform
IC Markets Global forex broker Forex and CFD traders who value easy account opening and free deposit/withdrawal options
Eightcap Global forex broker Forex traders who prefer the MetaTrader platform
TMGM Global forex broker Forex traders who prefer the MetaTrader platform

Still unsure? Use our broker finder and find the best broker for you or learn more about investing your money.

Author of this article

Dan Sallai

Author of this article

My goal is to help people find our resourceful content when they need the most. I combine my 10+ years online marketing experience with the team's finance knowledge to reach that every day. On the side I'm paying bowling, tennis and enjoy spending great time with my children.
My goal is to help people find our resourceful content when they need the most. I combine my 10+ years online marketing experience with the team's finance knowledge to reach that every day. On the side I'm paying bowling, tennis and enjoy spending great time with my children.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

Visit Moneta Markets
74-89% of retail CFD accounts lose money
Visit Axi
73.9% of retail CFD accounts lose money
Visit IC Markets
74.32% of retail CFD accounts lose money
Visit Eightcap
74-89% of retail CFD accounts lose money
Visit TMGM
68% of retail CFD accounts lose money

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