Written by ForexBrokers.com
In this head to head comparison of Moneta Markets vs BDSwiss, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 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.
Founded in 2009, Moneta Markets has built a presence in the online trading arena alongside competitors like BDSwiss, which was established in 2012. Neither company is publicly traded or operates as a bank. In terms of regulatory standing, both brokers hold one Tier-1 license, signaling a high level of trust. However, Moneta Markets also holds one additional Tier-2 license, indicating a slightly broader reach in regulatory compliance compared to BDSwiss.
When evaluating the trust and reliability of these brokers, ForexBrokers.com gives Moneta Markets a Trust Score of 72 out of 99, categorizing the broker as carrying an average risk. BDSwiss has a similar standing with a Trust Score of 73, placing it in the same average risk category. Both brokers are relatively close in their trust ratings, providing potential clients with peace of mind in their trading activities.
| Feature |
Moneta Markets
|
BDSwiss
|
|---|---|---|
| Year Founded | 2009 | 2012 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
Moneta Markets offers three different account options, each with distinct costs and pricing structures. The Direct STP account is commission-free but has higher spreads, recording an average of 1.38 pips for the EUR/USD pair in August 2023. On the other hand, the Prime ECN account requires a commission, boasting an average spread of 0.194 pips along with a $3 per side commission for every 100,000 units traded. This results in an all-in cost for the Prime ECN account of roughly 0.79 pips, which is slightly below the industry average. The Ultra ECN account offers even tighter spreads and lower commissions of $2 per round-turn lot, but it necessitates a $20,000 deposit. Moneta Markets, ranked #16 for commissions and fees by ForexBrokers.com, receives a 4.5-star rating.
BDSwiss, while offering decent order execution, is noted for having higher-than-average spreads. Its Classic account has a spread of 1.5 pips on the EUR/USD pair, which is relatively expensive. The Raw account, offering a spread of 0.3 pips plus a $5 commission per side, leads to an effective spread of 1.3 pips. The VIP account offers a spread of 1.2 pips. Although its fee structure does not match top industry competitors, BDSwiss still manages to earn a 4-star rating for its commissions and fees and finds itself ranked #29 among 62 brokers by ForexBrokers.com.
Comparing Moneta Markets and BDSwiss, Moneta Markets generally provides tighter spreads, especially in its Ultra ECN and Prime ECN accounts, but requires a higher initial deposit for the best rates. BDSwiss offers a straightforward fee structure, yet its spreads are less competitive. Overall, Moneta Markets edges out by providing slightly better pricing and cost efficiency in its commission-based accounts, evidenced by its higher ranking and star rating in the commissions and fees category.
| Feature |
Moneta Markets
|
BDSwiss
|
|---|---|---|
| Minimum Deposit | $50 | $10-$5000 |
| Average Spread EUR/USD - Standard | 1.38 | 1.6 |
| All-in Cost EUR/USD - Active | 0.79 | 1.3 |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | Yes |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Both Moneta Markets and BDSwiss provide a wide array of investment options, with a slight edge in the number of tradable symbols going to BDSwiss, offering 1,081 compared to Moneta Markets' 1,016. When it comes to forex trading, both brokers offer forex as a CFD or spot contract. Moneta Markets has a marginally broader selection of tradable forex pairs, providing 54 pairs, while BDSwiss offers 53. On the other hand, neither platform allows for trading in exchange-traded securities on U.S. or international exchanges, which means clients cannot directly buy stock in companies like Apple or Vodafone. However, both brokers cater to cryptocurrency enthusiasts through derivatives, though they do not offer the opportunity to buy actual cryptocurrencies.
In terms of additional features, both Moneta Markets and BDSwiss support copy trading, enhancing their offerings for those interested in following successful trading strategies. For the range of investment options available, both platforms receive a respectable rating of four out of five stars. Moneta Markets ranks 35th while BDSwiss ranks slightly higher at 34th out of 62 brokers on ForexBrokers.com. This similarity in ranking suggests that both platforms are well-suited for investors looking for diverse trading opportunities, even though neither offers direct access to actual shares or cryptos.
| Feature |
Moneta Markets
|
BDSwiss
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1016 | 1081 |
| Forex Pairs (Total) | 54 | 53 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Moneta Markets and BDSwiss both cater to traders seeking versatile platforms and helpful tools. They each provide a free virtual demo account for simulated trading. While BDSwiss offers a proprietary platform, Moneta Markets relies on widely-used industry platforms. Both brokers support cross-platform trading with web-based and Windows desktop applications and share compatibility with MetaTrader 4 and 5. For copy trading enthusiasts, both options provide this service, but only Moneta Markets integrates with ZuluTrade. Neither offers DupliTrade, which might be a consideration depending on trading needs.
For charting and analysis, Moneta Markets excels with an impressive 78 drawing tools, compared to BDSwiss's 15. Both brokers allow trading directly from stock charts, aiding swift decision-making. BDSwiss's watch list functionality is more detailed, offering seven columns to Moneta Markets' four. Despite these contrasting features, both brokers maintain a 4-star rating for trading platforms and tools, although BDSwiss holds a higher rank (#24) compared to Moneta Markets (#33) in the ForexBrokers.com rankings among 62 brokers. This comparison reveals unique strengths in each platform, allowing traders to select the best fit for their trading style.
| Feature |
Moneta Markets
|
BDSwiss
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | Yes | No |
| Charting - Indicators / Studies (Total) | 105 | 30 |
| Charting - Drawing Tools (Total) | 78 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 4 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When choosing between Moneta Markets and BDSwiss for mobile trading, both brokers offer iPhone and Android apps, making them accessible for a wide range of users. They provide useful trading tools such as stock and forex price alerts, the ability to draw trendlines, and view multiple time frames on charts. Traders can also create watchlists with real-time quotes. Each app includes 30 technical studies for in-depth chart analysis, with automatic saving of drawings to enhance your trading experience.
However, there are some differences to consider. While both apps receive a solid 4-star rating, Moneta Markets allows users to sync their watchlists between the mobile app and their online account. BDSwiss currently lacks this feature. When ranked by ForexBrokers.com, BDSwiss holds a better position, coming in at #23 out of 62 brokers, compared to Moneta Markets at #35. This makes BDSwiss a slightly more favored choice in terms of overall mobile trading app rankings.
| Feature |
Moneta Markets
|
BDSwiss
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, both Moneta Markets and BDSwiss offer daily market commentary, which is essential for traders looking to stay updated. However, Moneta Markets has an edge by providing forex news sourced from reputable platforms such as Bloomberg and Reuters, which BDSwiss lacks. While BDSwiss has partnered with Autochartist to offer technical analysis tools, Moneta Markets compensates by offering Trading Central's analytics, just like BDSwiss. Moneta Markets further enhances its offerings with a sentiment-based trading tool that none of its competitors, including BDSwiss, provide.
Both brokers offer an economic calendar that helps investors track important global news, giving equal footing in this regard. Despite Moneta Markets and BDSwiss both earning a 4-star rating for research, BDSwiss holds a slight advantage in the ForexBrokers.com standings, securing the 23rd position compared to Moneta Markets at 32nd. Each broker brings distinct strengths to the table, appealing to different types of traders based on their specific research needs and preferences.
| Feature |
Moneta Markets
|
BDSwiss
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Moneta Markets and BDSwiss provide a solid foundation for those new to trading. Both brokers offer over ten educational pieces focused on forex and CFDs, ensuring that newcomers have access to essential learning materials. They also provide a collection of beginner-friendly educational videos to help traders understand the basics of the market. Experienced traders aren't left out either, with both brokers offering advanced video content to enhance the skills of seasoned market players.
However, BDSwiss stands out with a few additional features that may appeal to beginners. Unlike Moneta Markets, BDSwiss offers online educational webinars at least once a month, which can be a valuable resource for learning in a dynamic and interactive setting. BDSwiss also provides a searchable archive of these webinars and an investor dictionary with over 50 investing terms, further supporting its educational offerings. While both brokers receive a 4-star rating for education, BDSwiss edges ahead in ranking by ForexBrokers.com, positioned at #19 compared to Moneta Markets' #33, indicating a slightly higher overall rank in the education category.
| Feature |
Moneta Markets
|
BDSwiss
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Moneta Markets is better than BDSwiss. Moneta Markets finished with an overall rank of #35, while BDSwiss finished with an overall rank of #36.
Moneta Markets is a new brand under parent company Vantage Group, which offers traders the MetaTrader suite of platforms as well as a basic web and mobile app. While it does support a decent range of third-party features, Moneta Markets has lackluster research and educational offerings, and its pricing is average.
| Feature |
Moneta Markets
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BDSwiss
|
|---|---|---|
| Overall Rating |
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| Trust Score | 72 | 73 |
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Both Moneta Markets and BDSwiss do not provide the option to buy actual (delivered) cryptocurrencies, but they both offer the ability to purchase cryptocurrency derivatives.
When comparing the online brokers Moneta Markets and BDSwiss, it's notable that both offer Visa, Mastercard, and bank wire transfers for funding and withdrawals, but only BDSwiss supports ACH, SEPA, and Skrill, while neither provides PayPal as an option.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Moneta Markets | BDSwiss | |
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| Trust Score | 72 | 73 | |
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| Review | Moneta Markets Review | BDSwiss Review |
| Broker Screenshots | Moneta Markets | BDSwiss | |
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| Regulation | Moneta Markets | BDSwiss | |
|---|---|---|---|
| Trust Score | 72 | 73 | |
| Year Founded | 2009 | 2012 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Moneta Markets | BDSwiss | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | Moneta Markets | BDSwiss | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Moneta Markets | BDSwiss | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1016 | 1081 | |
| Forex Pairs (Total) | 54 | 53 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Moneta Markets | BDSwiss | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.38 | 1.6 | |
| All-in Cost EUR/USD - Active | 0.79 | 1.3 | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | No |
| Funding | Moneta Markets | BDSwiss | |
|---|---|---|---|
| Minimum Deposit | $50 | $10-$5000 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | Yes |
| Trading Platforms | Moneta Markets | BDSwiss | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Moneta Markets | BDSwiss | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 4 | 7 | |
| Charting - Indicators / Studies (Total) | 105 | 30 | |
| Charting - Drawing Tools (Total) | 78 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Moneta Markets | BDSwiss | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Moneta Markets | BDSwiss | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | Moneta Markets | BDSwiss | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Moneta Markets | BDSwiss | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Moneta Markets Review | BDSwiss Review |
| Overall | Moneta Markets | BDSwiss | |
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| Trust Score | 72 | 73 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review | BDSwiss Review |
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