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 for trading commissions and fees, both brokers offer competitive, yet distinct, pricing structures. BlackBull Markets provides three account types: Standard, Prime, and ECN Institutional. The Standard account is commission-free, offering ease of access with no minimum deposit, though it includes higher spreads. The Prime account, favored for its cost efficiency, features a tighter spread averaging 0.16 pips on the EUR/USD pair and incurs a commission of $6 per 10,000 units, with a minimum deposit requirement of $2,000. For seasoned traders, the ECN Institutional account requires a $20,000 deposit and offers the lowest commission rates at $4 per round turn for each lot. For its pricing strategy, BlackBull Markets earns a rating of 4.5 stars and ranks #18 out of 62 brokers in the Commissions and Fees category on ForexBrokers.com.
Similarly, Moneta Markets also delivers three account options: the commission-free Direct STP, and the commission-based Prime ECN and Ultra ECN accounts. The STP account, although having higher spreads, carries no commission fees. The Prime ECN account features an average spread of 0.194 pips and a commission totaling $6 per 100,000 units, translating to an all-in cost near the industry average at 0.79 pips for the EUR/USD. For traders with larger capital, the Ultra ECN account stands out with a lower commission of $2 per round turn but demands a $20,000 deposit. Moneta Markets also garners a 4.5-star rating for its competitive fee structure and ranks slightly higher than BlackBull, at #16 in the Commissions and Fees category according to ForexBrokers.com.
For traders deciding between BlackBull Markets and Moneta Markets, it boils down to specific needs like deposit size and whether commission-free or lower-spread accounts are preferred. Both platforms offer solid options, with Moneta Markets holding a slight edge in industry ranking despite similar star ratings for fees. Carefully considering the account structure that aligns with your trading style and budget, will ensure an advantageous choice.
| Feature |
BlackBull Markets
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average Spread EUR/USD - Standard | 0.71 | 1.38 |
| All-in Cost EUR/USD - Active | 0.71 | 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.
When examining the trading platforms and tools offered by BlackBull Markets and Moneta Markets, both brokers provide essential features for traders including free virtual demo accounts for practicing trading strategies. Neither broker has developed an in-house proprietary platform; instead, they both support popular third-party platforms like MetaTrader 4 and MetaTrader 5, which are available for download on Windows, as well as web-based versions for accessible online trading. Copy trading is enabled on both platforms, with additional support for ZuluTrade, enhancing the social and automated trading opportunities for users.
In terms of charting capabilities, both brokers allow users to trade directly from stock charts. However, Moneta Markets stands out with 78 drawing tools compared to BlackBull Markets' 60. When it comes to organizing watch lists, BlackBull Markets offers six customizable columns, whereas Moneta Markets provides four. Despite these differences, both brokers received a rating of 4 stars for their trading platforms and tools. According to ForexBrokers.com rankings, BlackBull Markets is slightly ahead at #29 compared to Moneta Markets' #33 out of 62 evaluated brokers, indicating a close competition in this domain.
| 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 considering mobile trading apps, both BlackBull Markets and Moneta Markets have robust offerings for traders using either iPhones or Android devices. Each platform provides essential features like price alerts, synchronized watchlists, and the ability to draw trendlines on charts. With charting tools offering 30 technical studies and capability to view multiple time frames, both platforms cater to the needs of traders seeking insightful analysis. While both apps automatically save chart drawings, they also enable the creation of watchlists with real-time quotes.
Despite the similarities, there are slight differences in their recognition and rankings as reviewed by ForexBrokers.com. BlackBull Markets slightly edges out with a ranking of 31 out of 62 brokers, while Moneta Markets is at 36. Both apps, however, receive a strong consumer rating of four out of five stars, indicating general consumer satisfaction. Whether you choose BlackBull or Moneta, both offer competitive tools for trading 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 | 0.71 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.71 | 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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