Written by ForexBrokers.com
In this head to head comparison of Tickmill vs Moneta Markets, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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Tickmill and Moneta Markets are both well-established online brokers, with Tickmill founded in 2014 and Moneta Markets in 2009. Neither company is publicly traded on a stock exchange, nor do they operate as banks. However, they differ significantly in terms of regulatory standing and trust ratings. Tickmill holds two Tier-1 licenses and two Tier-2 licenses, contributing to a high Trust Score of 86 out of 99 on ForexBrokers.com, categorizing it as a trusted broker.
In comparison, Moneta Markets holds one Tier-1 license and one Tier-2 license, granting it a Trust Score of 72 out of 99. This rating places Moneta Markets in the average risk category according to ForexBrokers.com. The regulatory credentials and trust scores of each broker are vital factors to consider when evaluating their reliability and overall security. Despite their similarities, Tickmill's higher regulatory licenses and trust score indicate a stronger reputation for reliability among forex traders.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2014 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the online brokers Tickmill and Moneta Markets in terms of commissions and fees, it's clear that both have their unique offerings tailored to different types of traders. Tickmill provides two main account options—Classic and Raw. The Classic account operates without commissions, relying solely on the bid/ask spread, which averages at 1.76 pips for EUR/USD. On the other hand, the Raw account, which replaced the Pro account, offers competitive spreads starting at 0.11 pips for EUR/USD but includes a per trade commission of $3 per side, equating to an overall cost of 0.71 pips. These features, combined with a low minimum deposit of $100, earn Tickmill a strong reputation with an impressive 5-star rating and a 4th place ranking out of 62 brokers in commissions and fees by ForexBrokers.com.
Moneta Markets, meanwhile, offers three account types: the commission-free Direct STP and the commission-based Moneta Prime ECN and Ultra ECN accounts. The Direct STP account has an average spread of 1.38 pips for EUR/USD, making it less cost-effective compared to commission-based accounts. The Prime ECN account has a spread of 0.194 pips and a commission of $3 per side, resulting in an all-in cost of about 0.79 pips for EUR/USD, slightly below the industry average. Meanwhile, the Ultra ECN account requires a $20,000 deposit but presents a lower commission of $2 round-trip, benefiting traders who can afford the entry cost. Moneta Markets earns a 4.5-star rating and is ranked 16th out of 62 brokers for commissions and fees by ForexBrokers.com.
Both brokers cater to different trading needs, with Tickmill offering generally lower costs suitable for active traders with a lower entry barrier, and Moneta Markets providing options that could appeal to traders with higher initial capital. As the brokers continue to evolve their offerings, these comparisons may shift, but currently, Tickmill holds a slight edge in overall cost efficiency for a broad range of traders.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $100 | $50 |
| Average Spread EUR/USD - Standard | 0.51 | 1.38 |
| All-in Cost EUR/USD - Active | 0.31 | 0.79 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | 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 online brokers Tickmill and Moneta Markets, investors will find distinct options tailored to different needs. Both platforms provide forex trading as a Contract for Difference (CFD) or spot contract. Tickmill presents 725 tradeable symbols with 63 forex pairs, while Moneta Markets surpasses with 1016 tradeable symbols but offers slightly fewer forex pairs at 54. Neither broker supports buying exchange-traded securities on U.S. or international exchanges, and both offer the option of trading cryptocurrency derivatives but not actual cryptocurrencies themselves.
Additionally, copy trading is available with both Tickmill and Moneta Markets, providing investors with the opportunity to replicate successful trades. However, in terms of investment variety, Moneta Markets holds a slight edge with a 4-star rating versus Tickmill's 3.5 stars for the range of investments. According to ForexBrokers.com, Moneta Markets ranks 35th out of 62 brokers, while Tickmill is positioned at 42nd. This highlights Moneta Markets as offering a more comprehensive investment range, appealing to traders looking for more choice in their investment journey.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 725 | 1016 |
| Forex Pairs (Total) | 63 | 54 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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.
Tickmill and Moneta Markets are both strong choices for trading platforms, with each offering a virtual demo account to help users get familiar with their interfaces. Neither broker provides a proprietary platform, but they both support popular platforms like MetaTrader 4 and MetaTrader 5. Traders can use desktop downloads on Windows and web-based platforms for quick browser access. Both brokers accommodate copy trading, yet Moneta Markets goes a step further by supporting ZuluTrade for traders interested in social trading aspects.
When it comes to chart customization, Moneta Markets provides a more extensive range with 78 drawing tools compared to Tickmill's 15. However, those who prioritize organizing market information may prefer Tickmill's watch lists, which offer seven columns versus Moneta Markets' four. Despite these differences, both brokers allow trading directly from charts, maintaining a seamless process for quick decisions. Both platforms receive similar ratings, four out of five stars, in trading platforms and tools, and they are ranked closely by ForexBrokers.com, with Tickmill at #32 and Moneta Markets just behind at #33 out of 62 brokers. This indicates a comparable level of quality and functionality overall.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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) | 30 | 105 |
| Charting - Drawing Tools (Total) | 15 | 78 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Tickmill and Moneta Markets provide mobile trading apps for iPhone and Android users, offering essential features such as stock and forex price alerts and the ability to draw trendlines on charts. Each app supports 30 technical studies in charting and allows viewing multiple time frames, including daily, weekly, and intraday. Additionally, both platforms enable users to create watchlists with real-time quotes and automatically save any chart drawings.
The key difference between the two lies in Moneta Markets' support for watchlist symbol syncing, which allows changes to be synced between the mobile app and the online account—a feature not offered by Tickmill. Rated four stars for their mobile trading apps, Tickmill slightly edges out Moneta Markets in broker rankings, placing 31st compared to Moneta Markets' 35th position, according to ForexBrokers.com.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | 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 comparing the market research offerings of Tickmill and Moneta Markets, both brokers excel in providing daily market commentary and delivering forex news from trusted sources like Bloomberg and Reuters. They both offer sentiment-based trading tools, allowing traders to see the ratio of long or short positions across various instruments. Additionally, both Tickmill and Moneta Markets provide an economic calendar to help traders stay informed about upcoming global events. However, Moneta Markets stands out by offering technical analysis tools from Trading Central, while Tickmill provides unique insights through research tools from Acuity Trading, such as Signal Centre.
Despite their differences, Tickmill and Moneta Markets both achieve a commendable rating of four stars in the Research category. According to ForexBrokers.com, Tickmill is ranked 21st out of 62 brokers, slightly ahead of Moneta Markets, which is ranked 32nd. This suggests that while both platforms offer solid research resources, Tickmill may offer a slight edge in overall research ranking. Nevertheless, traders can expect valuable market insights and resources from either broker to support their trading strategies.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources for beginners at Tickmill and Moneta Markets, both online brokers deliver a variety of learning materials related to forex and CFD trading. Each platform offers over 10 educational pieces, which include articles, videos, and archived webinars that are essential for those starting out in trading. A significant benefit of Tickmill is their consistent monthly webinars, and they also provide a helpful archive of past sessions. On the other hand, Moneta Markets does not offer this feature. Both brokers supply over 10 beginner videos that focus on trading basics, catering to newcomers eager to expand their knowledge of the market.
Tickmill stands out by providing an investor dictionary that includes over 50 investing terms, while Moneta Markets lacks this resource. Despite these differences, both brokers earn a 4-star rating for their educational services. However, Tickmill holds a higher education ranking, positioned at #15 out of 62 brokers by ForexBrokers.com, whereas Moneta Markets is ranked at #33. This comparison highlights Tickmill's comprehensive approach to education, especially beneficial for beginners looking for structured and continuous learning opportunities.
| Feature |
Tickmill
|
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 Tickmill is better than Moneta Markets. Tickmill finished with an overall rank of #22, while Moneta Markets finished with an overall rank of #35.
Tickmill is a run-of-the-mill MetaTrader broker that offers a limited selection of tradeable securities. The broker does offer very competitive commission-based pricing for professionals through its VIP and Pro accounts.
| Feature |
Tickmill
|
Moneta Markets
|
|---|---|---|
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| Trust Score | 86 | 72 |
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Both Tickmill and Moneta Markets do not offer actual delivered cryptocurrency purchases, but they both provide the ability to trade cryptocurrency derivatives instead.
When comparing online brokers Tickmill and Moneta Markets, both offer bank wire and card options like Visa and Mastercard for deposits and withdrawals, but only Tickmill supports PayPal and Skrill, whereas neither supports ACH or SEPA transfers.
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 | Tickmill | Moneta Markets | |
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| Trust Score | 86 | 72 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Moneta Markets Review |
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| Regulation | Tickmill | Moneta Markets | |
|---|---|---|---|
| Trust Score | 86 | 72 | |
| Year Founded | 2014 | 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 | 2 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | Tickmill | 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) | Tickmill | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Tickmill | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 725 | 1016 | |
| Forex Pairs (Total) | 63 | 54 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | Tickmill | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.51 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.31 | 0.79 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Tickmill | 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 | No | No |
| Trading Platforms | Tickmill | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | No | 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 | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Tickmill | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 4 | |
| Charting - Indicators / Studies (Total) | 30 | 105 | |
| Charting - Drawing Tools (Total) | 15 | 78 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Tickmill | Moneta Markets | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | 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 | Tickmill | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Tickmill | 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 | Tickmill | 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 | Tickmill Review | Moneta Markets Review |
| Overall | Tickmill | Moneta Markets | |
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| Trust Score | 86 | 72 | |
| Winner | check_circle | ||
| Review | Tickmill Review | Moneta Markets Review |
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