Written by ForexBrokers.com
In this head to head comparison of Plus500 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 evaluating online brokers, it's important to consider their trustworthiness and regulatory standing. Plus500, established in 2008, is a publicly traded company and boasts an impressive ForexBrokers.com Trust Score of 99, making it a highly trusted platform. It holds 6 Tier-1 licenses and 3 Tier-2 licenses, indicating a strong regulatory foundation. By comparison, Moneta Markets, founded in 2009, is not publicly traded and holds a ForexBrokers.com Trust Score of 71, which is considered average risk. It operates without any Tier-1 licenses and has only 1 Tier-2 license, suggesting a less robust regulatory position.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2008 | 2009 |
| Publicly Traded (Listed) | Yes | |
| Bank | ||
| Tier-1 Licenses | 6 | 0 |
| Tier-2 Licenses | 3 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing commissions and fees between Plus500 and Moneta Markets, Plus500's costs are slightly higher than the industry average. The broker does not offer retail clients discounts but provides cash rebates for those qualifying as Professional clients. For the popular EUR/USD pair, the average spread at Plus500 was 1.5 pips in April 2024, which is above the industry average. Plus500 is rated 4.0 stars for commissions and fees and is ranked #23 out of 63 brokers by ForexBrokers.com.
Moneta Markets offers three account types, each with varying costs. The commission-free Direct STP account carries higher spreads, averaging 1.38 pips for the EUR/USD pair as of August 2023. On the other hand, the Prime ECN account offers a lower average spread of 0.194 pips, with a $3 commission per side for every 100,000 units traded, leading to an all-in cost of about 0.79 pips—slightly below the industry average. The Ultra ECN account features an even lower commission of $2 per round-trip for a $20,000 deposit. Moneta Markets receives a higher rating of 4.5 stars for their pricing and sits at #16 in the category ranking.
Overall, Moneta Markets provides more competitive pricing options, particularly for traders opting for commission-based accounts like the Ultra ECN. For slight savings and potentially lower trading costs, seasoned traders with the necessary capital might find Moneta Markets more appealing, precisely due to its lower fees and better rankings. In contrast, Plus500 remains competitive but falls short of the pricing plans of some industry leaders.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | €50 | $50 |
| Average Spread EUR/USD - Standard | 1.3 | 1.38 |
| All-in Cost EUR/USD - Active | 1.3 | 0.79 |
| Active Trader or VIP Discounts | ||
| ACH or SEPA Transfers | ||
| PayPal (Deposit/Withdraw) | Yes | |
| Skrill (Deposit/Withdraw) | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Plus500 and Moneta Markets for their range of investments, both offer a solid selection of trading options. Plus500 stands out with an impressive 5,500 tradeable symbols, including 65 forex pairs. It also allows trading in U.S. and international exchange-traded securities, giving traders the option to invest in companies like Apple and Vodafone directly. On the other hand, Moneta Markets provides access to 1,016 tradeable symbols and 45 forex pairs, with the additional feature of copy trading to mimic successful strategies from other traders. Unlike Plus500, Moneta Markets does not offer direct trades of U.S. and international exchange-traded stocks.
For those interested in cryptocurrency trading, both brokers offer cryptocurrency derivatives but not the actual purchase of the digital assets. In terms of ratings, Plus500 receives 4.5 stars and ranks 21st out of 63 brokers by ForexBrokers.com for their range of investments. Meanwhile, Moneta Markets has a slightly lower rating of 4 stars and is ranked 35th in the same category. These differences could play a crucial role for traders in choosing the platform that best meets their investment needs.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 5500 | 1016 |
| Forex Pairs (Total) | 65 | 45 |
| U.S. Stock Trading (Non CFD) | Yes | |
| Int'l Stock Trading (Non CFD) | Yes | |
| Social Trading / Copy Trading | Yes | |
| Cryptocurrency (Physical) | ||
| 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 choosing between Plus500 and Moneta Markets for trading platforms and tools, both brokers offer free virtual demo accounts, allowing users to practice trading without risking real money. Plus500 provides a proprietary platform that can be accessed via the web browser, whereas Moneta Markets does not have a proprietary option but supports a Windows-based desktop download platform, alongside a web-based trading platform. Plus500 is noted for offering 36 drawing tools for charting and providing 10 fields for watch lists, making it easier for traders to analyze data and monitor markets. In contrast, Moneta Markets supports advanced tools with 78 drawing instruments and allows direct trading from stock charts, despite having only 4 fields for watch lists.
Moneta Markets caters to users who prefer using popular software by supporting MetaTrader 4 (MT4) and MetaTrader 5 (MT5), adding the flexibility of copy trading and integration with DupliTrade. Plus500, however, does not offer MT4 or MT5 but compensates with its proprietary platform, leading to an impressive rating of 4.5 stars for trading platforms and tools. In comparison, Moneta Markets scores 4 stars in the same category. According to ForexBrokers.com rankings, Plus500 holds the #14 spot out of 63 brokers, showcasing its competitive edge, while Moneta Markets ranks at #33, reflecting a solid but less prominent offering in the trading tools landscape.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | |
| Desktop Platform (Windows) | Yes | |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | |
| MetaTrader 4 (MT4) | Yes | |
| MetaTrader 5 (MT5) | Yes | |
| DupliTrade | Yes | |
| ZuluTrade | ||
| Charting - Indicators / Studies (Total) | 115 | 105 |
| Charting - Drawing Tools (Total) | 36 | 78 |
| Charting - Trade From Chart | Yes | |
| Watchlists - Total Fields | 10 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Plus500 and Moneta Markets offer mobile trading apps for iPhone and Android users, providing a seamless trading experience on-the-go. Both platforms allow users to receive stock or forex price alerts and synchronize watchlists between their mobile app and online accounts, ensuring that any changes are reflected across all devices. While both apps support drawing trendlines and viewing different time frames on stock or forex charts, Moneta Markets has a slight advantage with the ability to auto-save drawings, which Plus500 does not offer.
When it comes to technical studies for charting, Plus500 significantly outshines Moneta Markets, offering 115 studies compared to Moneta Markets’ 30. Both apps allow users to create a watchlist with real-time quotes, aiding in quick decision-making. Plus500 is rated slightly higher with 4.5 stars compared to Moneta Markets' 4 stars for mobile trading. According to ForexBrokers.com, Plus500 ranks at number 14 out of 63 brokers in the Mobile Trading Apps category, while Moneta Markets is at number 35. These features and rankings suggest Plus500 might be a more comprehensive option for those seeking extensive charting tools and a highly-rated mobile trading experience.
| Feature |
Plus500
|
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 | 115 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Plus500 and Moneta Markets for online broker research offerings, both platforms provide daily market commentary, ensuring users stay informed with the latest currency and market insights. Additionally, each platform features a tool to gauge sentiment by showing the ratio of long or short positions across various financial instruments. However, Moneta Markets stands out by offering forex news sourced from top-tier outlets like Bloomberg, Reuters, and Dow Jones, whereas this feature is unspecified for Plus500. Both brokers also incorporate tools from Trading Central, enhancing technical analysis capabilities for users.
In terms of additional features, Plus500 and Moneta Markets provide economic calendars that display upcoming global news events, helping traders plan their strategies around market-moving events. Although neither broker offers access to market research from TipRanks or Acuity Trading's Signal Centre, they both maintain a commendable research rating of 4 out of 5 stars. Notably, Plus500 ranks higher in research at #19 compared to Moneta Markets' #32 ranking out of 63 brokers on ForexBrokers.com. This distinction may be beneficial for those prioritizing comprehensive market research and analysis in their trading activities.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | |
| Autochartist | ||
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | ||
| Signal Centre (Acuity Trading) | ||
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, both Plus500 and Moneta Markets have made significant strides in providing valuable content for new traders. Both platforms offer more than ten educational pieces each, including articles and videos specifically focused on forex and CFDs. Beginners can also find at least ten educational videos covering basic trading topics on both platforms. If you're interested in webinars, Plus500 not only hosts live educational webinars at least monthly but also maintains an accessible archive of these sessions, allowing for flexible learning. Moneta Markets, on the other hand, also maintains a searchable archive of recorded webinars but does not specify monthly live webinars.
Plus500 and Moneta Markets extend their educational reach by offering at least ten advanced trading videos for experienced traders, ensuring a comprehensive educational experience. However, Moneta Markets distinguishes itself by providing an investor dictionary that includes definitions for over 50 investing terms, an offering not evident with Plus500. In terms of rankings and ratings, Plus500 is rated 4.0 stars for education and is positioned slightly higher in the ForexBrokers.com ranking at #31 compared to Moneta Markets' #33, despite both holding the same rating of 4 stars. This suggests that Plus500 might have a slight edge in educational offerings, but both brokers are reasonably well-regarded in this area.
| Feature |
Plus500
|
Moneta Markets
|
|---|---|---|
| Education (Forex or CFDs) | Yes | Yes |
| Client Webinars | Yes | |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | Yes |
| Videos - Advanced Trading Videos | Yes | Yes |
| Investor Dictionary (Glossary) | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Plus500 is better than Moneta Markets. Plus500 finished with an overall rank of #14, while Moneta Markets finished with an overall rank of #35.
Plus500 is a trusted global brand that offers an easy-to-use trading platform for online traders, alongside access to a thorough selection of CFDs. Share trading is available, but only via its Plus500 Invest product offering.
| Feature |
Plus500
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Moneta Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 99 | 71 |
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When comparing the online brokers Plus500 and Moneta Markets, neither platform offers the ability to buy actual (delivered) cryptocurrency, but both provide options for purchasing cryptocurrency derivatives instead.
When comparing online brokers, Plus500 provides PayPal, Skrill, Visa, Mastercard, and bank wire options for deposits and withdrawals but does not support ACH or SEPA transfers, while Moneta Markets accepts Visa, Mastercard, and bank wires without offering ACH, SEPA, PayPal, or 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 | Plus500 | Moneta Markets | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Moneta Markets Review |
| Broker Screenshots | Plus500 | Moneta Markets | |
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| Regulation | Plus500 | Moneta Markets | |
|---|---|---|---|
| Trust Score | 99 | 71 | |
| Year Founded | 2008 | 2009 | |
| Publicly Traded (Listed) | Yes | ||
| Bank | |||
| Regulated in one or more EU or EEA countries (MiFID). | Yes | ||
| Tier-1 Licenses | 6 | 0 | |
| Tier-2 Licenses | 3 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | Plus500 | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | ||
| Canada (CIRO Authorised) | |||
| Hong Kong (SFC Authorised) | |||
| Japan (SFC Authorised) | Yes | ||
| Singapore (MAS Authorised) | Yes | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | ||
| USA (CFTC Authorized) | |||
| New Zealand (FMA Authorised) | Yes | ||
| Regulated in one or more EU or EEA countries (MiFID). | Yes |
| Tier-2 Licenses (Trusted) | Plus500 | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | Yes | ||
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | ||
| India (SEBI Authorised) | |||
| Jordan (JSC Authorised) |
| Investments | Plus500 | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 5500 | 1016 | |
| Forex Pairs (Total) | 65 | 45 | |
| U.S. Stock Trading (Non CFD) | Yes | ||
| Int'l Stock Trading (Non CFD) | Yes | ||
| Social Trading / Copy Trading | Yes | ||
| Cryptocurrency (Physical) | |||
| 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). Non-CFD share trading at Plus500 is only available through the Plus500 Invest account. | 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 | Plus500 | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.3 | 1.38 | |
| All-in Cost EUR/USD - Active | 1.3 | 0.79 | |
| Active Trader or VIP Discounts | |||
| Inactivity Fee | Yes | ||
| Execution: Agency Broker | |||
| Execution: Market Maker | Yes | Yes |
| Funding | Plus500 | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | €50 | $50 | |
| PayPal (Deposit/Withdraw) | Yes | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers |
| Trading Platforms | Plus500 | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | ||
| Desktop Platform (Windows) | Yes | ||
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | ||
| MetaTrader 4 (MT4) | Yes | ||
| MetaTrader 5 (MT5) | Yes | ||
| cTrader | |||
| DupliTrade | Yes | ||
| ZuluTrade |
| Trading Tools | Plus500 | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 10 | 4 | |
| Charting - Indicators / Studies (Total) | 115 | 105 | |
| Charting - Drawing Tools (Total) | 36 | 78 | |
| Charting - Trade From Chart | Yes | ||
| Charts can be saved | Yes | Yes |
| Mobile Trading | Plus500 | 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 | 115 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | ||
| Mobile Economic Calendar | Yes | Yes |
| Research | Plus500 | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | ||
| Autochartist | |||
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | |||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Plus500 | Moneta Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | Yes | |
| Client Webinars | Yes | ||
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | Yes | |
| Videos - Advanced Trading Videos | Yes | Yes | |
| Investor Dictionary (Glossary) | Yes |
| Major Forex Pairs | Plus500 | 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 | Plus500 Review | Moneta Markets Review |
| Overall | Plus500 | Moneta Markets | |
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| Trust Score | 99 | 71 | |
| Winner | check_circle | ||
| Review | Plus500 Review | Moneta Markets Review |
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