Written by ForexBrokers.com
In this head to head comparison of Moneta Markets vs IFC 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.
Moneta Markets and IFC Markets are both online brokers established in the late 2000s, with Moneta Markets founded in 2009 and IFC Markets in 2006. Neither of these brokers is publicly traded or operates as a bank. When it comes to regulatory credentials, Moneta Markets holds one Tier-1 license, which is highly trusted, and one Tier-2 license, signaling a trusted status. In comparison, IFC Markets does not hold any Tier-1 licenses but possesses one Tier-2 license, reflecting a similar level of trust.
According to ForexBrokers.com, Moneta Markets has a Trust Score of 72, placing it in the average risk category. In contrast, IFC Markets scores slightly higher at 73, still within the same range. These ratings suggest that both brokers are considered to have an average level of risk, although they differ in their level of regulatory licensing and overall trust evaluation.
| Feature |
Moneta Markets
|
IFC Markets
|
|---|---|---|
| Year Founded | 2009 | 2006 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 1 | 0 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
Moneta Markets offers three account options, each with different trading costs. The Direct STP account is commission-free but has higher spreads, such as an average of 1.38 pips for EUR/USD. Meanwhile, the Prime ECN account charges a commission of $3 per side for every 100,000 units traded, with an average spread of 0.194 pips, resulting in an all-in cost of approximately 0.79 pips for EUR/USD. For larger deposits of $20,000 or more, the Ultra ECN account provides tighter spreads and a competitive commission of just $2 per round-trip. Despite these features, Moneta Markets' overall pricing remains slightly behind the leading forex brokers.
IFC Markets does not provide detailed average spread data, making it more challenging to assess its fees directly compared to Moneta Markets. However, it is known for generally competitive commission and fee structures, though lacking specific information can make it difficult to make a comprehensive comparison with Moneta Markets. In terms of commissions and fees, Moneta Markets is rated 4.5 stars, ranking 16th out of 62 brokers according to ForexBrokers.com. Meanwhile, IFC Markets is rated 4 stars and is ranked 39th in the same category.
While Moneta Markets presents an appealing option for traders who prioritize lower commissions through its Prime and Ultra ECN accounts, it requires higher initial deposits for optimal pricing. On the other hand, IFC Markets offers a simplified yet less transparent fee structure. Choosing between these two brokers largely depends on individual trading needs and the importance placed on transparent pricing or initial deposit requirements.
| Feature |
Moneta Markets
|
IFC Markets
|
|---|---|---|
| Minimum Deposit | $50 | $1 |
| Average Spread EUR/USD - Standard | 1.38 | 1.44 |
| All-in Cost EUR/USD - Active | 0.79 | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | No |
| Skrill (Deposit/Withdraw) | No | No |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the investment options between Moneta Markets and IFC Markets, it's clear both brokers offer forex trading through CFDs. Moneta Markets shines with a broader range of 1016 tradeable symbols, including 54 forex pairs, while IFC Markets features 630 tradeable symbols and 49 forex pairs. Neither broker supports buying actual U.S. exchange-traded securities, but IFC Markets does allow for international exchange trades like Vodafone in the UK, whereas Moneta Markets does not offer this option. Moreover, both brokers provide copy trading features for those interested in mirroring the strategies of successful traders.
In terms of cryptocurrency, both Moneta and IFC Markets enable trading of cryptocurrency derivatives though neither offers the actual purchase and delivery of cryptocurrencies. Moneta Markets receives a slightly higher investment range rating at 4 stars, placing it at #35 out of 62 brokers, compared to IFC Markets' 3.5 stars and rank of #43. This suggests that Moneta Markets offers a wider variety of opportunities for investors looking for diversity in their trading portfolio.
| Feature |
Moneta Markets
|
IFC Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1016 | 630 |
| Forex Pairs (Total) | 54 | 49 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| 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). |
Dive deeper: Best Copy Trading Platforms.
Moneta Markets and IFC Markets cater to traders with a variety of platform choices and features. Both brokers provide simulated trading through free virtual demo accounts, making them accessible for those new to the trading environment. While Moneta Markets relies on third-party platforms such as MetaTrader 4 and 5, IFC Markets boasts its proprietary trading platform, offering a unique experience. Undoubtedly, both brokers serve users who prefer different trading methods, with each supporting Windows-based desktop platforms, web-based trading, and MetaTrader functionalities. Notably, Moneta Markets takes a slight edge with the inclusion of ZuluTrade for copy trading enthusiasts, while IFC Markets focuses on varied features as highlighted through its proprietary technology.
When assessing the tools available for technical analysis, Moneta Markets impressively provides 78 drawing tools, surpassing IFC Markets' 15 tools. Both platforms, however, allow trading directly from stock charts, enhancing user interaction with market dynamics. For those keen on structuring comprehensive watchlists, IFC Markets offers more customization with seven available columns compared to Moneta Markets' four. Both platforms have earned a four-star rating for their trading platforms and tools, with Moneta Markets ranked slightly ahead at 33rd out of 62 brokers compared to IFC Markets at 36th, according to ForexBrokers.com. Overall, choosing between these brokers depends on personal trading needs and preferences, as both offer strong resources for a compelling trading experience.
| Feature |
Moneta Markets
|
IFC Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | Yes |
| 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 | No |
| Charting - Indicators / Studies (Total) | 105 | 30 |
| Charting - Drawing Tools (Total) | 78 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 4 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Moneta Markets and IFC Markets, both offer comprehensive services to meet a trader's needs. Each company provides apps for both iPhone and Android devices, making them accessible to a wide range of users. Traders benefit from features such as stock and forex price alerts, the ability to sync watchlists between their mobile app and online account, and the convenience of drawing trend lines on charts in both apps. Furthermore, each platform offers the capability to view charts in multiple time frames and auto-save chart drawings, ensuring a seamless trading experience.
Moneta Markets and IFC Markets provide access to 30 technical studies for charting via their mobile apps and enable users to create watchlists with real-time quotes. Both also received an equal rating of 4 stars for their mobile trading apps. However, when ranked by ForexBrokers.com out of 62 brokers, Moneta Markets stands at #35, whereas IFC Markets is positioned at #52. This slight difference might offer some insight into user preferences and experiences with each platform.
| Feature |
Moneta Markets
|
IFC 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 it comes to market research, Moneta Markets and IFC Markets both offer daily market commentary, keeping traders informed with regular insights. However, Moneta Markets takes an edge by providing forex news from top-tier sources like Bloomberg and Reuters, while IFC Markets does not. For traders interested in technical analysis tools, Moneta Markets offers resources from Trading Central, which IFC Markets lacks. Both brokers provide sentiment-based trading tools and maintain useful economic calendars to track global news events.
Moneta Markets holds a four-star rating for research, placing it at rank 32 out of 62 brokers according to ForexBrokers.com. In comparison, IFC Markets receives a slightly lower rating of 3.5 stars, which ranks it at number 40 in the same survey. Neither broker offers research tools from firms like Autochartist, TipRanks, or Acuity Trading. Overall, Moneta Markets has a more comprehensive research offering, giving it an advantage for traders seeking in-depth market insights.
| Feature |
Moneta Markets
|
IFC Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| 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 Moneta Markets and IFC Markets cater to those looking to learn about forex and CFDs by offering a variety of educational materials. Each platform provides over ten pieces of content such as articles and videos focused on these financial topics, ensuring that novice traders can gain valuable insights. Additionally, both brokers offer beginner and advanced educational videos, helping traders of all levels develop their trading skills. However, neither Moneta Markets nor IFC Markets offers live educational webinars or maintains a searchable archive of past webinars, which might limit options for users who prefer interactive learning or reviewing past sessions at their own pace.
One notable difference between the two is the availability of an investor dictionary. While Moneta Markets does not offer this feature, IFC Markets provides definitions for over 50 investing terms, which can be particularly beneficial for beginners looking to familiarize themselves with trading jargon. Despite this, Moneta Markets receives a higher rating of four stars for its educational offerings compared to IFC Markets, which is rated at 3.5 stars. Rankings on ForexBrokers.com reflect a slight preference for IFC Markets at 30th place compared to Moneta Markets at 33rd, showcasing a fairly close competition between the two brokers in the education category.
| Feature |
Moneta Markets
|
IFC Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | No |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Moneta Markets is better than IFC Markets. Moneta Markets finished with an overall rank of #35, while IFC Markets finished with an overall rank of #45.
Moneta Markets is a new brand under parent company Vantage Group, which offers traders the MetaTrader suite of platforms as well as a basic web and mobile app. While it does support a decent range of third-party features, Moneta Markets has lackluster research and educational offerings, and its pricing is average.
| Feature |
Moneta Markets
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IFC Markets
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|---|---|---|
| Overall Rating |
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| Trust Score | 72 | 73 |
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Both Moneta Markets and IFC Markets do not offer the ability to buy actual delivered cryptocurrency, but they both provide the option to buy cryptocurrency derivatives.
When comparing online brokers Moneta Markets and IFC Markets, both platforms offer Visa or Mastercard and bank wire options for deposits and withdrawals, but neither supports ACH, SEPA, PayPal, or Skrill transactions.
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 | Moneta Markets | IFC Markets | |
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| Trust Score | 72 | 73 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
| Broker Screenshots | Moneta Markets | IFC Markets | |
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| Regulation | Moneta Markets | IFC Markets | |
|---|---|---|---|
| Trust Score | 72 | 73 | |
| Year Founded | 2009 | 2006 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 1 | 0 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Moneta Markets | IFC Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| 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) | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Moneta Markets | IFC 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 | Moneta Markets | IFC Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1016 | 630 | |
| Forex Pairs (Total) | 54 | 49 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| 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). |
| Cost | Moneta Markets | IFC Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.38 | 1.44 | |
| All-in Cost EUR/USD - Active | 0.79 | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Moneta Markets | IFC Markets | |
|---|---|---|---|
| Minimum Deposit | $50 | $1 | |
| PayPal (Deposit/Withdraw) | No | No | |
| Skrill (Deposit/Withdraw) | No | No | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | Moneta Markets | IFC Markets | |
|---|---|---|---|
| Proprietary Platform | No | Yes | |
| 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Moneta Markets | IFC Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 4 | 7 | |
| Charting - Indicators / Studies (Total) | 105 | 30 | |
| Charting - Drawing Tools (Total) | 78 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Moneta Markets | IFC 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 | Moneta Markets | IFC Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Moneta Markets | IFC Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | No | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | Moneta Markets | IFC 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 | Moneta Markets Review |
| Overall | Moneta Markets | IFC Markets | |
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| Trust Score | 72 | 73 | |
| Winner | check_circle | ||
| Review | Moneta Markets Review |
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