Written by ForexBrokers.com
In this head to head comparison of Trade Nation 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.
Trade Nation and Moneta Markets are both online brokers with different levels of reliability according to ForexBrokers.com. Trade Nation, founded in 2014, is rated with a Trust Score of 85, placing it in the 'trusted' category. It holds two Tier-1 licenses and one Tier-2 license, indicating a strong regulatory foundation. Moneta Markets, established in 2009, has a Trust Score of 72, indicating an average risk. It holds one Tier-1 license and one Tier-2 license, showing a decent but not as strong regulatory standing as Trade Nation.
Neither Trade Nation nor Moneta Markets is publicly traded or operate as a bank. When comparing regulatory aspects, Trade Nation seems to offer a greater degree of regulatory confidence with its higher number of Tier-1 licenses and a superior Trust Score. This information may be valuable for potential users looking for a dependable online broker for trading activities.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2014 | 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 Trade Nation and Moneta Markets, Trade Nation stands out with competitive fixed-spread pricing across all tradeable symbols on its proprietary platform, while also offering variable-spread pricing on its MetaTrader platform. Their fixed spreads can start at 0.6 pips for EUR/USD, which can rise briefly to 1.4 pips during the daily rollover period. This often results in an average closer to 1 pip. Trade Nation offers three main account types: the commission-based Raw Spread account on MetaTrader, a commission-free MetaTrader account, and the TN Trader account for its proprietary web platform. Generally, the TN Trader account offers the lowest all-in costs. For its commissions and fees, Trade Nation receives a stellar 5-star rating and ranks #7 out of 62 brokers on ForexBrokers.com.
Moneta Markets provides versatile trading costs based on three account options: the commission-free Direct STP account, 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. The Prime ECN account features an average spread of just 0.194 pips plus a commission of $6 per round-trip, leading to a total average cost of about 0.79 pips. For larger deposits of $20,000, the Ultra ECN account offers tighter spreads with a lower commission of $2 per round-trip. Despite its attractive offerings, Moneta Markets has yet to match the top forex brokers, earning a solid 4.5-star rating and ranking #16 out of 62 brokers for commissions and fees according to ForexBrokers.com.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average Spread EUR/USD - Standard | 0.6 | 1.38 |
| All-in Cost EUR/USD - Active | 0.6 | 0.79 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | 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 Trade Nation and Moneta Markets for their range of investments, both platforms offer forex trading as CFDs or spot contracts. Trade Nation provides access to 46 tradeable forex pairs, while Moneta Markets surpasses this with 54 pairs. Additionally, Trade Nation offers 1,000 tradeable symbols overall, slightly less than Moneta Markets, which provides 1,016 symbols. Neither platform offers direct purchase of exchange-traded securities on U.S. or international exchanges, meaning clients cannot buy shares like Apple or Vodafone directly.
For those interested in copy trading, both Trade Nation and Moneta Markets extend this feature to their clients. However, neither allows the purchase of actual cryptocurrencies, focusing instead on cryptocurrency derivatives. When evaluated by ForexBrokers.com, Trade Nation holds a 3.5-star rating for its range of investments and ranks 38th out of 62 brokers. In contrast, Moneta Markets is rated slightly higher at 4 stars, ranking 35th in the same category, suggesting a more diverse offering in investment products.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 1016 |
| Forex Pairs (Total) | 46 | 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.
When evaluating the trading platforms and tools offered by Trade Nation and Moneta Markets, both brokers provide opportunities for simulated trading with free virtual demo accounts, catering to beginners and experienced traders alike. Trade Nation offers a unique edge with its proprietary platform, developed in-house, alongside a Windows-based desktop download and a web-based platform. Moneta Markets, while lacking a proprietary platform, compensates with access to the widely-used MetaTrader 5 in addition to MetaTrader 4, and it features copy trading options through ZuluTrade.
In terms of charting and analytical tools, Moneta Markets stands out with an impressive 78 drawing tools compared to Trade Nation's 39. Additionally, Moneta Markets allows traders to execute trades directly from stock charts, a feature not available with Trade Nation, and offers more succinct watch lists with four columns in comparison to Trade Nation's 14. Both brokers receive a solid 4-star rating for their trading platforms and tools, but when ranked by ForexBrokers.com, Moneta Markets is positioned higher at #33 out of 62 brokers, while Trade Nation stands at #45, highlighting a slightly more favorable perception of Moneta Markets in this specific area.
| Feature |
Trade Nation
|
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) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 99 | 105 |
| Charting - Drawing Tools (Total) | 39 | 78 |
| Charting - Trade From Chart | No | Yes |
| Watchlists - Total Fields | 14 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both Trade Nation and Moneta Markets offer comprehensive mobile trading solutions, available on iPhone and Android. They provide users with essential features such as stock and forex price alerts and watchlist symbol syncing, ensuring that changes made on the mobile app are seamlessly reflected in the client's online account. Traders can create watchlists with real-time quotes, enhancing the ease of tracking preferred stocks or forex pairs. Additionally, both brokers equip their mobile apps with the ability to draw trendlines and view charts in various time frames, such as daily, weekly, or intraday, while auto-saving chart drawings for convenience.
When it comes to charting tools, Trade Nation takes a lead with 99 technical studies, compared to Moneta Markets' 30. Despite this difference, both platforms are equally rated at 4 stars for their mobile trading apps. However, Moneta Markets holds a slightly higher overall ranking at 35th place compared to Trade Nation's 45th place among 62 brokers as reviewed by ForexBrokers.com. This makes Moneta Markets a bit more appealing for those prioritizing a higher-ranked platform, while Trade Nation remains a strong contender for those valuing a broader range of technical studies.
| Feature |
Trade Nation
|
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 | 99 | 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 Trade Nation each have their own strengths. Moneta Markets provides daily market commentary, offering insights that keep traders up to date on evolving trends. In addition to this, it features forex news from top-tier sources like Bloomberg and Reuters, ensuring that traders receive credible and timely information. Moneta Markets also includes tools like Trading Central's Technical Analytics and an economic calendar that displays global events, supporting well-informed trading decisions. These research offerings have helped Moneta Markets achieve a 4-star rating for research and rank #32 out of 62 brokers as per ForexBrokers.com.
Trade Nation, while slightly behind Moneta Markets in some areas, still holds its ground with a reputable approach to market analysis. The platform offers reliable forex news from elite sources, ensuring traders have access to vital information. Additionally, Trade Nation provides a sentiment-based trading tool that helps traders gauge market positioning across various instruments. It also offers research tools from Acuity Trading, such as the Signal Centre, to enhance trading decisions. While Trade Nation does not provide an economic calendar or daily commentary, it is still rated as a solid contender with a 3.5-star research rating and a rank of #42 out of 62 brokers.
| Feature |
Trade Nation
|
Moneta Markets
|
|---|---|---|
| Daily Market Commentary | No | 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 | No | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners, both Trade Nation and Moneta Markets excel in providing a solid foundation with at least 10 educational pieces focused on forex or CFDs. Each broker offers a selection of more than 10 beginner-friendly trading videos, making it easier for those new to trading to grasp the basics. However, neither broker hosts regular online educational webinars or provides a searchable archive of previously recorded sessions, which may limit ongoing learning opportunities for users seeking live interaction or easily accessible past content.
For those seeking resources tailored to more advanced traders, Moneta Markets stands out by offering over 10 advanced educational videos, whereas Trade Nation does not cater to experienced traders with advanced content. Despite both brokers lacking an investor dictionary with investing term definitions, Moneta Markets receives a slightly higher rating of 4 stars for its educational offerings compared to Trade Nation's 3.5 stars. Overall, Moneta Markets is ranked #33 out of 62 brokers by ForexBrokers.com for education, positioning it higher than Trade Nation, which sits at #42.
| Feature |
Trade Nation
|
Moneta 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 | No | Yes |
| Investor Dictionary (Glossary) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Trade Nation is better than Moneta Markets. Trade Nation finished with an overall rank of #34, while Moneta Markets finished with an overall rank of #35.
Trade Nation’s well-designed, easy-to-use trading app is an innovative trading platform that’s great for beginner forex and CFD traders. However, if you’re a seasoned trader, you may find that Trade Nation lacks advanced features compared to the best trading platforms.
| Feature |
Trade Nation
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Moneta Markets
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|---|---|---|
| Overall Rating |
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| Trust Score | 85 | 72 |
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Both Trade Nation and Moneta Markets provide the opportunity to trade cryptocurrency derivatives, although neither broker offers the ability to purchase actual or delivered cryptocurrencies.
Trade Nation and Moneta Markets both provide Visa/Mastercard and bank wire options for deposits and withdrawals, though neither supports ACH, SEPA, or PayPal transfers, with Trade Nation uniquely offering Skrill as an additional payment method compared to Moneta Markets.
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 | Trade Nation | Moneta Markets | |
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| Trust Score | 85 | 72 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Moneta Markets Review |
| Broker Screenshots | Trade Nation | Moneta Markets | |
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| Regulation | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Trust Score | 85 | 72 | |
| Year Founded | 2014 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | 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) | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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). | No | No |
| Tier-2 Licenses (Trusted) | Trade Nation | 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 | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 1016 | |
| Forex Pairs (Total) | 46 | 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 | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.6 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.6 | 0.79 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $50 | |
| PayPal (Deposit/Withdraw) | No | 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 | Trade Nation | 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) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 14 | 4 | |
| Charting - Indicators / Studies (Total) | 99 | 105 | |
| Charting - Drawing Tools (Total) | 39 | 78 | |
| Charting - Trade From Chart | No | Yes | |
| Charts can be saved | No | Yes |
| Mobile Trading | Trade Nation | 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 | 99 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | No | Yes |
| Research | Trade Nation | Moneta Markets | |
|---|---|---|---|
| Daily Market Commentary | No | 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 | No | Yes |
| Education | Trade Nation | Moneta 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 | No | Yes | |
| Investor Dictionary (Glossary) | No | No |
| Major Forex Pairs | Trade Nation | 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 | Trade Nation Review | Moneta Markets Review |
| Overall | Trade Nation | Moneta Markets | |
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| Trust Score | 85 | 72 | |
| Winner | check_circle | ||
| Review | Trade Nation Review | Moneta Markets Review |
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