Written by ForexBrokers.com
In this head to head comparison of BlackBull Markets vs Moneta Markets, 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.
BlackBull Markets and Moneta Markets are both notable online brokers, with BlackBull Markets emerging in 2014 and Moneta Markets founded earlier in 2009. Neither of these brokers is publicly traded, nor do they operate as banks. Both companies are backed by one Tier-1 license, which reflects a reliable level of trust in the regulatory landscape. BlackBull Markets, however, does not hold any Tier-2 licenses, whereas Moneta Markets holds one, offering another layer of trust.
When it comes to their Trust Scores, which are evaluated by ForexBrokers.com, BlackBull Markets holds a score of 78. This positions it within the average risk category. On the other hand, Moneta Markets comes in slightly lower with a score of 72, also placing it in the average risk bracket. These scores indicate that while both brokers are not devoid of risk, they maintain a level of trustworthiness that many users might find acceptable for their online trading activities.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing BlackBull Markets and Moneta Markets, both brokers offer competitive commissions and fees, although their structures differ slightly based on account types. BlackBull Markets presents three account options: Standard, Prime, and ECN Institutional. The Standard account is commission-free, ideal for beginners, but comes with higher spreads. The Prime account requires a $2,000 deposit, offering tighter spreads and a commission of $6 per round-turn for every 10,000 traded. For high-volume traders willing to deposit at least $20,000, the ECN Institutional account offers even lower costs with a $4 per round-turn commission. BlackBull Markets is well-regarded, with a rating of 4.5 stars and a ranking of #19 out of 62 on ForexBrokers.com for commissions and fees.
Similarly, Moneta Markets provides three account types: Direct STP, Prime ECN, and Ultra ECN. The Direct STP account is commission-free but features higher spreads, especially for forex trading. The Prime ECN account, with spreads averaging 0.194 pips and a commission of $6 per round-trip on standard lots, offers competitive pricing slightly below industry norms. The Ultra ECN account is the most appealing for serious traders, requiring a $20,000 deposit and featuring a commission of $2 per round-trip with even tighter spreads. Like BlackBull, Moneta Markets holds a 4.5-star rating and ranks slightly higher at #16 out of 62 brokers for commissions and fees according to ForexBrokers.com.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average Spread EUR/USD - Standard | 0.76 | 1.38 |
| All-in Cost EUR/USD - Active | 0.76 | 0.79 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | Yes | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing online brokers BlackBull Markets and Moneta Markets, investors will find a notable difference in the variety of investment options. BlackBull Markets stands out with an impressive offering of 26,000 tradeable symbols and 72 forex pairs, providing a wide array of opportunities for traders. This broker also gives clients access to exchange traded securities on both U.S. and international exchanges, allowing the purchase of well-known shares such as Apple and Vodafone, making it a comprehensive platform for diversified investment strategies.
In contrast, Moneta Markets provides access to 1,016 tradeable symbols and 54 forex pairs, offering a more limited selection. Unlike BlackBull, Moneta Markets does not support trading in exchange traded securities on U.S. or international exchanges, which can restrict investment possibilities in traditional stock markets. Both brokers allow trading in cryptocurrency derivatives rather than actual cryptocurrencies, and they also offer copy trading features for those looking to replicate the trades of successful investors. With a 5-star rating and a high rank of 6 out of 62 brokers in the Range of Investments category, BlackBull Markets seems to offer a broader investment experience compared to Moneta Markets, which holds a 4-star rating and ranks 35th.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 26000 | 1016 |
| Forex Pairs (Total) | 72 | 54 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | 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.
BlackBull Markets and Moneta Markets offer similar services for traders seeking virtual trading experiences, as both provide free demo accounts and the widely-used MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Both brokers support traders with Windows-based desktop platforms and convenient web-based options for browser trading. Investors interested in copy trading can engage with ZuluTrade on both platforms, while options like DupliTrade are not offered. Chart enthusiasts will appreciate the numerous tools available, with BlackBull Markets providing 60 drawing tools and Moneta Markets offering 78. Notably, both platforms enable traders to execute trades directly from stock charts, enhancing real-time trading activities.
Despite these similarities, some differences exist in their toolsets. For example, when it comes to watch lists, BlackBull Markets accommodates six fields, whereas Moneta Markets provides four. Ranking and user ratings are close for both, with BlackBull Markets rated slightly higher in ForexBrokers.com's Trading Platforms and Tools category, standing at #28 out of 62 brokers compared to Moneta Markets' #33. Both brokers earn a solid four-star rating for their trading platforms and tools, making them commendable options for traders looking for reliable and feature-rich environments.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| 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 | Yes |
| Charting - Indicators / Studies (Total) | 109 | 105 |
| Charting - Drawing Tools (Total) | 60 | 78 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When choosing between BlackBull Markets and Moneta Markets for mobile trading, both brokers offer apps for iPhone and Android devices, providing traders with convenient access to the stock and forex markets. Users will find essential features like stock or forex price alerts and the capability to sync watchlists across devices, ensuring that any changes are easily updated across platforms. Both applications are equipped with 30 technical studies for charting and allow users to draw trendlines and view multiple time frames such as daily, weekly, or intraday, enhancing the charting experience for traders.
Moreover, both mobile apps from BlackBull Markets and Moneta Markets support auto-saving chart drawings and offer the ability to create watchlists with real-time quotes, which can be pivotal for active traders. While both apps are rated four out of five stars for their mobile trading functionalities, BlackBull Markets edges slightly ahead in rankings by ForexBrokers.com, securing the 30th spot out of 62 brokers compared to Moneta Markets, which is ranked 35th. This small difference may influence traders seeking a slightly more favorably reviewed mobile trading app. Overall, both platforms present a strong suite of features suited for various trading needs on the go.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | Yes |
| 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 comparing the market research offerings of BlackBull Markets and Moneta Markets, both platforms provide traders with daily market commentary and a sentiment-based trading tool that shows the ratio of long and short positions across currency pairs. They also each offer comprehensive economic calendars to help users track important global events. However, while Moneta Markets gives access to forex news from top-tier sources like Bloomberg and Reuters, BlackBull Markets does not.
BlackBull Markets excels by providing analytical support through Autochartist, which Moneta Markets lacks. Conversely, Moneta Markets includes resources from Trading Central for technical analysis, a feature that is absent from BlackBull Markets. With both companies receiving a solid four-star rating for their research capabilities, BlackBull Markets ranks higher at 18th, compared to Moneta Markets' 32nd place among 62 brokers as evaluated by ForexBrokers.com.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| 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 BlackBull Markets and Moneta Markets provide a substantial amount of materials to help new traders get started. Each offers over 10 educational pieces, including articles, videos, and archived webinars, focusing on forex and CFDs. New traders can also find at least 10 beginner videos specifically designed to introduce key trading topics. However, BlackBull Markets sets itself apart by offering monthly educational webinars that are not available at Moneta Markets. Additionally, BlackBull Markets maintains a searchable archive of previously recorded client webinars, giving users the flexibility to learn at their own pace, a feature Moneta Markets does not provide.
Both brokers offer educational content catered to more advanced traders, with each providing over 10 advanced videos to enhance trading skills. BlackBull Markets further extends its educational support by offering an investor dictionary with more than 50 investing terms, a resource that is absent from Moneta Markets' offerings. Despite these differences, both brokers receive a commendable 4-star rating for their educational offerings. In terms of ranking by ForexBrokers.com, BlackBull Markets comes in at #29 among 62 brokers, slightly ahead of Moneta Markets, which is ranked at #33. Overall, BlackBull Markets provides a more comprehensive range of educational resources, especially for those who prefer live and on-demand learning options.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that BlackBull Markets is better than Moneta Markets. BlackBull Markets finished with an overall rank of #24, while Moneta Markets finished with an overall rank of #35.
BlackBull Markets is a plain-vanilla MetaTrader broker with a growing range of products and support for a handful of third-party social copy trading platforms.
| Feature |
BlackBull Markets
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Moneta Markets
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|---|---|---|
| Overall Rating |
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| Trust Score | 78 | 72 |
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Both BlackBull Markets and Moneta Markets do not offer the ability to buy actual (delivered) cryptocurrency, but they do provide the option to trade cryptocurrency derivatives.
When comparing online brokers BlackBull Markets and Moneta Markets, it's noteworthy that both do not support ACH or SEPA transfers, nor do they offer PayPal as a funding option; however, BlackBull Markets provides the flexibility of using Skrill for transactions, which Moneta Markets does not, while both platforms accommodate deposits and withdrawals through Visa, Mastercard, and bank wire transfers.
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 | BlackBull Markets | Moneta Markets | |
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| Trust Score | 78 | 72 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Moneta Markets Review |
| Broker Screenshots | BlackBull Markets | Moneta Markets | |
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| Regulation | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Trust Score | 78 | 72 | |
| Year Founded | 2014 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| 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 | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 26000 | 1016 | |
| Forex Pairs (Total) | 72 | 54 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | 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 | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.76 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.76 | 0.79 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| 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 | Yes | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | Yes |
| Trading Tools | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 4 | |
| Charting - Indicators / Studies (Total) | 109 | 105 | |
| Charting - Drawing Tools (Total) | 60 | 78 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | Yes | |
| 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 | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | BlackBull Markets | Moneta Markets | |
|---|---|---|---|
| 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 | BlackBull Markets Review | Moneta Markets Review |
| Overall | BlackBull Markets | Moneta Markets | |
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| Trust Score | 78 | 72 | |
| Winner | check_circle | ||
| Review | BlackBull Markets Review | Moneta Markets Review |
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