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 and Moneta Markets are two online brokers that offer unique features, catering to the diverse needs of traders. Established in 2006, FxPro is distinguished not only as a brokerage but also as a bank, although it is not publicly traded. With a commendable Trust Score of 93 from ForexBrokers.com, FxPro is considered highly trusted. This trust is backed by its two Tier-1 licenses and one Tier-2 license, indicating strong regulatory compliance and safeguarding of clients' interests.
Moneta Markets, founded in 2009, does not function as a bank and, like FxPro, is not publicly traded. It has a Trust Score of 72, placing it in the average risk category according to ForexBrokers.com. Moneta Markets supports its clients with one Tier-1 license and one Tier-2 license, showing a solid level of trust and regulation. While both brokers have their strengths, traders looking for higher trust might prefer FxPro, given its higher score and additional Tier-1 license.
| Feature |
FxPro
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2006 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | Yes | 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.
Both FxPro and Moneta Markets provide a comprehensive set of trading platforms and tools catering to the needs of traders. FxPro offers a standout feature with its proprietary platform developed in-house, alongside widely-used platforms like MetaTrader 4 and 5. Both brokers support a Windows-based desktop download and web-based browser platform, ensuring flexibility for traders on different devices. Meanwhile, Moneta Markets does not have a proprietary platform but also supports MetaTrader 4 and 5, while distinguishing itself with access to ZuluTrade for social trading. Both provide copy trading, although neither offers DupliTrade.
When it comes to charting tools, Moneta Markets impresses with a choice of 78 drawing tools, compared to FxPro's 25, which could be significant for traders who depend on detailed technical analysis. Both brokers allow trading directly from stock charts and provide watch lists with varying column fields—six at FxPro and four at Moneta Markets. Notably, both brokers provide simulated trading through free virtual demo accounts. With these offerings, it's no surprise both receive a 4-star rating in Trading Platforms and Tools, but FxPro is ranked slightly higher at #17 compared to Moneta Markets #33 by ForexBrokers.com.
| 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 have developed comprehensive mobile trading apps available on both iPhone and Android platforms. These apps are geared towards providing real-time trading experiences, offering features like stock and forex price alerts, watchlist symbol syncing, and multiple time frame options for chart analysis. While both apps allow users to draw trendlines on charts and auto-save these drawings, they differ in the number of technical studies available, with FxPro offering 65 studies compared to Moneta Market's 30. This feature-rich environment makes FxPro's app slightly more appealing for those who heavily rely on technical analysis.
Furthermore, both apps enable users to create watchlists with real-time quotes to stay updated on market movements. However, when considering user ratings and industry rankings, FxPro takes a slight edge, earning a 4.5-star rating and a 15th place ranking from ForexBrokers.com among 62 brokers. In comparison, Moneta Markets, while still providing a strong trading experience, holds a 4-star rating and a 36th place ranking. These distinctions highlight FxPro's app as a marginally more refined choice for mobile trading enthusiasts.
| 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.
When it comes to market research offerings, both FxPro and Moneta Markets provide daily market commentary and access to top-tier forex news from renowned sources such as Bloomberg, Reuters, and Dow Jones. They each also incorporate essential tools like those from Trading Central, enabling traders to leverage technical analytics for better decision-making. Both platforms offer sentiment-based trading tools, providing insightful data on long or short positions across various instruments. However, neither FxPro nor Moneta Markets provides tools from Autochartist or Acuity Trading, nor do they offer research content from TipRanks.
FxPro and Moneta Markets include economic calendars that list current and upcoming global news events, supporting traders in planning their strategies around significant economic developments. FxPro and Moneta Markets both have garnered a 4-star rating for research, reflecting strong user satisfaction in this area. However, when ranked among 62 brokers by ForexBrokers.com, FxPro stands at #26, while Moneta Markets takes the #32 spot, indicating a slight edge for FxPro in the research category.
| 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.
FxPro and Moneta Markets both have rich educational offerings for those new to forex and CFDs trading, making them attractive options for beginners. Both platforms provide a solid collection of over 10 educational materials including articles, videos, and archived webinars to help users dive into the world of trading. While they don't host live webinars each month, FxPro takes the lead with a useful archive of recorded webinars for clients to explore at their convenience. Additionally, FxPro stands out with a well-stocked investor dictionary featuring over 50 investing terms, a tool that's missing from Moneta Markets' repertoire. However, when it comes to advanced educational videos, Moneta Markets surpasses FxPro by offering more options tailored for seasoned traders.
Rated with four stars for their educational efforts, both FxPro and Moneta Markets deliver quality content that caters to beginners. Notably, FxPro is recognized by ForexBrokers.com with a higher rank of #18 out of 62 brokers in the education category, compared to Moneta Markets' rank of #33. This suggests FxPro might have a slightly broader appeal for those prioritizing comprehensive educational resources in their trading journey. Both brokers, nonetheless, come across as strong contenders in providing a good educational foundation for those stepping into the trading world.
| 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 |
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| Trust Score | 93 | 72 |
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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.
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0 of 5| Overall Rating | FxPro | Moneta Markets | |
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| Trust Score | 93 | 72 | |
| Winner | check_circle | ||
| Review | FxPro Review | Moneta Markets Review |
| Broker Screenshots | FxPro | Moneta Markets | |
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| Regulation | FxPro | Moneta Markets | |
|---|---|---|---|
| Trust Score | 93 | 72 | |
| Year Founded | 2006 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | Yes | 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 | |
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| Trust Score | 93 | 72 | |
| Winner | check_circle | ||
| Review | FxPro Review | Moneta Markets Review |
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