Written by ForexBrokers.com
In this head to head comparison of eToro 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.
When comparing online trading platforms, eToro and Moneta Markets present distinct regulatory credentials and trust scores. Founded in 2007, eToro holds a significant presence with its three Tier-1 licenses, showcasing a commitment to high trust standards. Its ForexBrokers.com Trust Score is an impressive 93 out of 99, categorizing it as a highly trusted broker. In contrast, Moneta Markets, established in 2009, has one Tier-1 license and achieves a trust score of 72, placing it within the average risk category. Neither platform is publicly traded nor operates as a bank, ensuring a straightforward focus on brokerage services.
Both companies also hold one Tier-2 license each, indicating a recognized level of trust. In summary, eToro stands out with its higher trust score and additional Tier-1 licenses, offering users a potentially more secure trading environment compared to Moneta Markets. This information can guide traders in their decision-making process when choosing a broker based on trust and regulation.
| Feature |
eToro
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2007 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commission and fee structures of eToro and Moneta Markets, it’s clear each broker caters to different trading priorities. eToro, known for its social copy trading platform, operates primarily as a market-maker broker, offering a typical variable spread of 1 pip on the EUR/USD pair. This spread is slightly above the industry average, which might make retail traders consider other options for spreads. However, eToro shines with its eToro Club, a five-tier VIP program ranging from Silver to Diamond levels. This program offers varied benefits such as access to Trading Central, discounted fees, and a dedicated account manager, which can be especially appealing to traders maintaining balances of $5,000 to $250,000. With a 4.5-star rating and a 22nd place ranking out of 62 brokers, eToro is a solid choice for traders interested in a social trading environment and additional VIP benefits.
On the other hand, Moneta Markets offers a range of account types with differing fee structures, making it versatile for traders focused on cost-effective trading. The Direct STP account operates commission-free but with higher spreads, like an average of 1.38 pips on the EUR/USD pair in August 2023. In contrast, the Prime ECN account provides a tighter spread of 0.194 pips and charges a commission of $6 per round-trip standard lot, bringing the overall cost to around 0.79 pips, slightly below the industry average. The Ultra ECN account offers the tightest spreads and a lower commission rate of $2 per round-turn lot, but it requires a higher deposit of $20,000. Moneta Markets also holds a 4.5-star rating but is ranked 16th in the Commissions and Fees category, making it slightly more competitive in pricing among its peers.
In summary, both eToro and Moneta Markets provide distinct advantages depending on a trader's needs. While eToro excels with its social trading features and VIP program, Moneta Markets offers competitive pricing options across its account types. Traders choosing between these brokers should consider their trading priorities, such as the desire for social trading features versus the importance of spreads and commissions.
| Feature |
eToro
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $50-$10,000 | $50 |
| Average Spread EUR/USD - Standard | 1 | 1.38 |
| All-in Cost EUR/USD - Active | N/A | 0.79 |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | 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 the range of investments offered by eToro and Moneta Markets, it's clear that eToro provides a broader spectrum of options. eToro features an impressive 5,461 tradeable symbols, including 55 forex pairs, while Moneta Markets has 1,016 symbols, just shy of eToro with 54 forex pairs. Both platforms support forex trading as CFDs or spot contracts, and offer copy trading services. However, eToro stands out by allowing investors to purchase exchange-traded securities on both U.S. and international exchanges, granting access to prestigious companies like Apple and Vodafone, which are not available through Moneta Markets.
For cryptocurrency enthusiasts, eToro offers the flexibility to buy both actual cryptocurrencies and cryptocurrency derivatives, whereas Moneta Markets is limited to derivatives only. This extensive range has earned eToro a 5-star rating in Range of Investments, with a ForexBrokers.com ranking of 10 out of 62 brokers. Moneta Markets earns a respectable 4 stars, positioned at 35 on the same list. With these differences, eToro emerges as a more comprehensive platform for clients seeking diverse investment opportunities.
| Feature |
eToro
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5461 | 1016 |
| Forex Pairs (Total) | 55 | 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) | Yes | 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 comparing the trading platforms and tools of eToro and Moneta Markets, both brokers offer a free virtual demo account, allowing users to practice trading without financial risk. eToro provides a proprietary, web-based trading platform that does not require any desktop download, while Moneta Markets supports both a downloadable Windows-based platform and a web-based option. For those interested in popular platforms, Moneta Markets offers MetaTrader 4 and MetaTrader 5, whereas eToro does not. Both brokers feature copy trading, yet Moneta Markets extends its offerings further by incorporating ZuluTrade into its platform.
In terms of analytical features, eToro appears to specialize in drawing tools, with an impressive 161 on offer, compared to Moneta Markets' 78. This could appeal to users who prioritize chart annotations. Additionally, Moneta Markets provides the option to trade directly from stock charts, a feature not available with eToro. For watch list customization, eToro allows for six fields versus Moneta Markets' four. Ratings-wise, eToro edges ahead with a 4.5-star rating for trading platforms and tools, compared to Moneta Markets' 4-star rating. According to ForexBrokers.com, eToro ranks higher at #8 among 62 brokers in this category, whereas Moneta Markets comes in at #33.
| Feature |
eToro
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 104 | 105 |
| Charting - Drawing Tools (Total) | 161 | 78 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 6 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both eToro and Moneta Markets offer dedicated mobile trading apps for iPhone and Android, providing users with the flexibility to trade on the go. Both platforms cater to active traders with features like stock and forex price alerts, and the ability to create watchlists that sync across devices, ensuring seamless transitions between their mobile apps and online accounts. However, eToro shines with its expansive range of 104 technical studies available for charting, while Moneta Markets offers just 30. Conversely, Moneta Markets allows users to draw trendlines directly on charts and auto-save these drawings, a feature eToro lacks.
When it comes to viewing multiple time frames, both platforms make it easy to switch between daily, weekly, or intraday views. Traders looking for real-time quotes on their watchlists will find support in both apps. In terms of user satisfaction, eToro scores slightly higher with a 4.5-star rating compared to Moneta Markets’ 4-star rating. This translates to eToro's more favorable ranking of 11th out of 62 brokers by ForexBrokers.com in the Mobile Trading Apps category, while Moneta Markets stands at 35th. Overall, eToro's app emerges as a slightly better option, especially for those who value comprehensive charting tools.
| Feature |
eToro
|
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 | 104 | 30 |
| Mobile Charting - Draw Trendlines | No | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When considering market research offerings, both eToro and Moneta Markets provide daily market commentary, giving users regular insights into market trends. However, there are notable differences in their features. Moneta Markets distinguishes itself by offering forex news from renowned sources like Bloomberg and Reuters, whereas eToro does not. In terms of advanced analysis tools, both brokers include resources from Trading Central, helping traders with analytical insights. Sentiment-based trading tools, which offer guidance on market positioning, are available on both platforms.
eToro edges ahead in market research by including exclusive insights from TipRanks, something Moneta Markets lacks. While neither platform incorporates tools from Autochartist or Acuity Trading, both brokers feature an economic calendar to keep traders informed of crucial global news events. In overall research quality, eToro scores 4.5 out of 5 stars compared to Moneta Markets' 4 stars. Consequently, eToro ranks 13th among 62 brokers for research, while Moneta Markets stands at 32nd, reflecting the slight advantage eToro holds in this domain.
| Feature |
eToro
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | No | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners exploring online brokers, eToro and Moneta Markets both shine with their educational resources on forex and CFDs. Each provides a wide variety of materials including articles, videos, and archived webinars, ensuring that newcomers have access to more than 10 educational pieces. Both platforms also cater to different levels of experience, offering at least 10 beginner and 10 advanced videos covering essential trading topics. An advantage for eToro users is the platform's regular online educational webinars and a comprehensive archive of recorded sessions, features not provided by Moneta Markets. Additionally, eToro delivers a handy investor dictionary containing over 50 investing terms, a resource absent from Moneta Markets.
In terms of recognition, eToro leads with an impressive education rating of 4.5 stars, compared to Moneta Markets' 4 stars. Moreover, eToro is ranked higher in educational resources by ForexBrokers.com, securing the 5th spot out of 62 brokers, while Moneta Markets is positioned at 33rd. This information reflects eToro's strengthened focus on providing in-depth educational support and resources to beginners seeking to enhance their trading skills.
| Feature |
eToro
|
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 eToro is better than Moneta Markets. eToro finished with an overall rank of #9, while Moneta Markets finished with an overall rank of #35.
eToro is a winner for its easy-to-use copy-trading platform, where traders can copy the trades of experienced investors – or receive exclusive perks for sharing their own trading strategies.
| Feature |
eToro
|
Moneta Markets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 93 | 72 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
eToro allows users to buy actual cryptocurrencies and offers cryptocurrency derivatives, whereas Moneta Markets provides only the option to buy cryptocurrency derivatives and does not support purchasing actual cryptocurrencies.
eToro offers a versatile range of options for depositing and withdrawing account funds, including ACH/SEPA transfers, PayPal, Skrill, Visa/Mastercard, and bank wires, while Moneta Markets supports Visa/Mastercard and bank wires but lacks ACH/SEPA transfers, PayPal, and Skrill as options.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | eToro | Moneta Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 72 | |
| Winner | check_circle | ||
| Review | eToro Review | Moneta Markets Review |
| Broker Screenshots | eToro | Moneta Markets | |
|---|---|---|---|
| Trading Platforms Gallery (click to expand) |
|
| |
| Mobile Trading Gallery (click to expand) |
|
| |
| Research Gallery (click to expand) |
|
| |
| Education Gallery (click to expand) |
|
|
| Regulation | eToro | Moneta Markets | |
|---|---|---|---|
| Trust Score | 93 | 72 | |
| Year Founded | 2007 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | eToro | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | eToro | 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 | eToro | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5461 | 1016 | |
| Forex Pairs (Total) | 55 | 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) | Yes | 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 | eToro | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1 | 1.38 | |
| All-in Cost EUR/USD - Active | N/A | 0.79 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | eToro | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $50-$10,000 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | eToro | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | eToro | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 4 | |
| Charting - Indicators / Studies (Total) | 104 | 105 | |
| Charting - Drawing Tools (Total) | 161 | 78 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | eToro | 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 | 104 | 30 | |
| Mobile Charting - Draw Trendlines | No | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | eToro | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | No | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | eToro | 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 | eToro | 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 | eToro Review | Moneta Markets Review |
| Overall | eToro | Moneta Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 93 | 72 | |
| Winner | check_circle | ||
| Review | eToro Review | Moneta Markets Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill