Written by ForexBrokers.com
In this head to head comparison of FxPro 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.
FxPro, founded in 2006, and Moneta Markets, established in 2009, are two online brokers that provide financial trading services. Neither broker is publicly traded or operates as a bank. When it comes to regulation and trust, FxPro holds two Tier-1 licenses, indicating a high level of reliability. In comparison, Moneta Markets has one Tier-1 license, showcasing a degree of trust but not at the same level as FxPro. Both firms possess one Tier-2 license each, which is also considered a mark of credibility.
According to ForexBrokers.com, which assesses the trustworthiness of brokers, FxPro boasts a Trust Score of 90 out of 99, positioning the firm in the highly trusted category. Conversely, Moneta Markets has a Trust Score of 72, placing it in the average risk bracket. This means that while both firms are regulated and provide secure trading environments, FxPro is generally perceived as the more trustworthy option based on its higher number of Tier-1 licenses and superior Trust Score.
| Feature |
FxPro
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2006 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of FxPro and Moneta Markets, traders can observe noticeable differences. FxPro's pricing structure, typically above the industry average, might not seem as appealing when held against competitors offering the full MetaTrader and cTrader suites. FxPro provides various execution methods across its MT4 platform with options for variable or fixed spreads. For those using the cTrader platform, competitive spreads are on offer, albeit with commission-based pricing. The effective spread for EUR/USD on FxPro’s cTrader is about 1.27 pips, factoring in an average spread of 0.37 pips and a commission-equivalent of 0.9 pips. Meanwhile, market execution accounts on MT4 and MT5 see spreads reaching up to 1.58 and 1.71 pips, respectively. Despite a generous Active Trader program offering up to 30% discounts, FxPro falls behind some top competitors and is rated 4 stars, with a rank of 32 out of 62 brokers for commissions and fees.
On the other hand, Moneta Markets offers a more competitive pricing model with its three account options. The Direct STP account, while commission-free, incurs higher spreads, but the Prime ECN and Ultra ECN accounts provide better value with tighter spreads and a relatively low round-trip commission. The Prime ECN account features an all-in cost of approximately 0.79 pips for the EUR/USD pair, which is somewhat below the industry norm. The Ultra ECN account further reduces commissions for traders with deposits of $20,000 or more, making it an attractive option for high-volume traders. Moneta Markets earns a slightly superior rating of 4.5 stars and is ranked as the 16th best broker for commissions and fees out of 62 brokers.
| Feature |
FxPro
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | 1.51 | 1.38 |
| All-in Cost EUR/USD - Active | 1.27 | 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.
FxPro and Moneta Markets both cater to forex enthusiasts, offering a variety of currency pairs through CFDs or spot contracts. FxPro, however, provides a wider range of 70 forex pairs compared to Moneta Markets' 54. For those looking to diversify beyond forex, FxPro offers an expansive selection of 2,249 tradeable symbols, overshadowing Moneta Markets' 1,016. While neither broker allows trading in U.S. exchange-traded securities, FxPro does provide access to international markets, where investors can purchase shares like Vodafone. Both platforms support cryptocurrency derivatives but not actual cryptocurrencies.
In addition to their forex offerings, both brokers support copy trading, making them convenient for users seeking to mirror the trades of more experienced investors. When it comes to the overall range of investments, both FxPro and Moneta Markets boast a solid 4-star rating. However, FxPro holds a slight edge in the industry rankings, placing 28th out of 62 brokers at ForexBrokers.com, compared to Moneta Markets, which ranks 35th. This positions FxPro as a potentially better option for those seeking a broader array of investment opportunities.
| Feature |
FxPro
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 2249 | 1016 |
| Forex Pairs (Total) | 70 | 54 |
| U.S. Stock Trading (Non CFD) | No | 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 comparing the trading platforms and tools of FxPro and Moneta Markets, investors can benefit from both brokers offering complimentary virtual demo accounts, making it easier for traders to practice their strategies without financial risk. FxPro stands out with its exclusive proprietary platform, developed in-house, whereas Moneta Markets uses third-party platforms. Both brokers offer Windows-based desktop and web-based trading platforms, giving traders versatile access to the markets. MetaTrader enthusiasts will be pleased to know that both brokers support MT4 and MT5, though ZuluTrade is exclusive to Moneta Markets, appealing to traders interested in social trading.
Charting capabilities between the two brokers show some differences: while both support trading directly from stock charts, Moneta Markets boasts a comprehensive suite of 78 drawing tools compared to FxPro's 25. Additionally, for those focusing on watch lists, FxPro's platform offers more detailed insights with six columns, whereas Moneta Markets provides four. Despite these variations, both platforms have been rated four out of five stars for their trading tools, with FxPro ranked at 19th and Moneta Markets at 33rd among 62 brokers by ForexBrokers.com. This makes each a solid choice, with slight distinctions that may cater to different trading preferences.
| Feature |
FxPro
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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 | No | Yes |
| Charting - Indicators / Studies (Total) | 53 | 105 |
| Charting - Drawing Tools (Total) | 25 | 78 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 6 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both FxPro and Moneta Markets offer mobile applications compatible with iPhone and Android devices, making them accessible to a wide range of users. These apps support essential features such as stock and forex price alerts and the ability to sync watchlist symbols across devices. The charting tools in both apps enable users to view multiple time frames and draw trendlines, with auto-save functionality for these drawings. Additionally, both brokers provide the option to create watchlists featuring real-time quotes, enhancing user experience by keeping important trading information at their fingertips.
When it comes to charting tools, FxPro offers 65 technical studies, significantly more than the 30 offered by Moneta Markets, which could influence traders who prioritize in-depth technical analysis. In terms of customer satisfaction, FxPro received a slightly higher mobile trading app rating with 4.5 stars compared to Moneta Markets' 4 stars. Furthermore, FxPro ranks 15th out of 62 brokers in the Mobile Trading Apps category according to ForexBrokers.com, outperforming Moneta Markets, which ranks 35th. These differences could sway traders who value comprehensive features and higher overall ratings in their decision-making process.
| Feature |
FxPro
|
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 | 65 | 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.
Both FxPro and Moneta Markets excel in providing comprehensive market research tools for traders. Each broker offers daily market commentary, keeping traders informed of the latest developments. They also provide forex news sourced from top-tier platforms such as Bloomberg, Reuters, and Dow Jones. In terms of analysis tools, both brokers feature Trading Central's resources, including technical analytics, and sentiment-based trading tools to aid decision-making. However, neither offers tools from Autochartist, Acuity Trading, or research from TipRanks, so traders seeking these specific offerings might need to look elsewhere.
FxPro and Moneta Markets both include an economic calendar that presents crucial global news events, a valuable resource for traders tracking market-moving data. When it comes to research ratings, both brokers receive a respectable 4-star evaluation, indicating solid performance in delivering research solutions. In comparison, FxPro is ranked slightly higher (#27) than Moneta Markets (#32) out of 62 brokers by ForexBrokers.com in the Research category. This reflects a marginal difference in their standing, suggesting both offer competitive market research features for traders.
| Feature |
FxPro
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | 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 FxPro and Moneta Markets provide valuable content. Each offers a collection of over ten educational pieces, including articles and videos, with a focus on forex and CFDs. Beginners diving into the world of trading will find more than enough foundational materials at both brokers. Furthermore, both platforms have curated over ten beginner videos that explain trading concepts specifically aimed at newcomers.
While FxPro and Moneta Markets both offer strong foundational content, they do differ in certain areas. FxPro provides a searchable archive of past webinars, which is a feature that Moneta Markets lacks. Conversely, for those looking to advance their expertise, Moneta Markets shines with over ten advanced educational videos tailored for experienced traders, a resource FxPro does not provide. Additionally, FxPro's investor dictionary with more than 50 investing terms is another asset for those new to trading. Both brokers earn a four-star rating for their educational offerings. However, FxPro ranks higher among 62 brokers by ForexBrokers.com, placed at #17 compared to Moneta Markets at #33, reflecting a slightly more favorable position in the educational category.
| Feature |
FxPro
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | No | 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 FxPro is better than Moneta Markets. FxPro finished with an overall rank of #21, while Moneta Markets finished with an overall rank of #35.
FxPro competes among the top MetaTrader brokers, featuring multiple account options and various execution methods. It provides its own proprietary FxPro Edge app – though it isn’t yet available for mobile – alongside access to the BnkPro app (which isn’t yet available in all regions).
| Feature |
FxPro
|
Moneta Markets
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 90 | 72 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platform & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both FxPro and Moneta Markets do not provide the ability to purchase actual, delivered cryptocurrencies, but they do offer options for buying cryptocurrency derivatives.
When comparing deposit and withdrawal options, FxPro offers a wider range of methods including ACH, SEPA, PayPal, Skrill, Visa, Mastercard, and bank wires, while Moneta Markets provides options like Visa, Mastercard, and bank wires but lacks ACH, SEPA, PayPal, and Skrill.
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 | FxPro | Moneta Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 90 | 72 | |
| Winner | check_circle | ||
| Review | FxPro Review | Moneta Markets Review |
| Broker Screenshots | FxPro | 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 | FxPro | Moneta Markets | |
|---|---|---|---|
| Trust Score | 90 | 72 | |
| Year Founded | 2006 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | FxPro | 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) | 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) | FxPro | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | FxPro | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 2249 | 1016 | |
| Forex Pairs (Total) | 70 | 54 | |
| U.S. Stock Trading (Non CFD) | No | 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 | FxPro | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.51 | 1.38 | |
| All-in Cost EUR/USD - Active | 1.27 | 0.79 | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | FxPro | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $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 | FxPro | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | No | Yes |
| Trading Tools | FxPro | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 6 | 4 | |
| Charting - Indicators / Studies (Total) | 53 | 105 | |
| Charting - Drawing Tools (Total) | 25 | 78 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | FxPro | 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 | 65 | 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 | FxPro | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | FxPro | Moneta Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | No | Yes | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | FxPro | 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 | FxPro Review | Moneta Markets Review |
| Overall | FxPro | Moneta Markets | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platform & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 90 | 72 | |
| Winner | check_circle | ||
| Review | FxPro Review | Moneta Markets Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill