Written by ForexBrokers.com
In this head to head comparison of XM Group 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.
In comparing XM Group and Moneta Markets, both brokers have been in operation since 2009 and are not publicly traded or affiliated with any banks. However, their regulatory landscapes show notable differences. XM Group stands out with four Tier-1 licenses, which is a strong indicator of high trust, along with an additional Tier-2 license. This regulatory backing plays a significant role in XM Group's Trust Score of 88 out of 99, categorizing it as a trusted broker according to ForexBrokers.com ratings.
Conversely, Moneta Markets holds one Tier-1 license and one Tier-2 license, giving it a ForexBrokers.com Trust Score of 72, indicating an average risk. While both brokers provide a foundation of trust and reliability, XM Group's higher Trust Score and regulatory credentials may appeal more to those prioritizing regulatory strength and perceived trustworthiness in their online trading broker.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2009 | 2009 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 1 |
| Tier-2 Licenses | 1 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 1 |
When comparing the commissions and fees of XM Group and Moneta Markets, both online brokers present distinct advantages and limitations for traders. XM Group provides its standard account, which comes with relatively high spreads, and the average spreads for its XM Zero account, which is commission-based, remain unpublished. XM Group receives a commendable 4-star rating in the commissions and fees category, yet it ranks at the 33rd position out of 62 brokers as evaluated by ForexBrokers.com.
Moneta Markets offers a variety of trading accounts, each with unique cost structures. Traders can opt for the commission-based Moneta Prime ECN or Ultra ECN accounts, or choose the commission-free Direct STP account. Although the STP account bypasses commission fees, it does so at the expense of higher spreads, especially for forex trading. The Prime ECN account stands out with an average spread of 0.194 pips for the EUR/USD pair and incurs a transaction cost of $6 per round-trip, making it slightly more affordable than the industry norm. The Ultra ECN account provides even tighter spreads, though it requires a minimum deposit of $20,000. Moneta Markets holds a better price competitiveness with a 4.5-star rating and ranks 16th among 62 brokers in terms of commissions and fees, as per ForexBrokers.com.
For traders evaluating these two brokers, Moneta Markets seems to offer more favorable pricing structures, particularly with its Prime and Ultra ECN accounts that attract traders with lower overall costs. In contrast, XM Group’s offering might appeal to those who prioritize a straightforward trading experience, despite its higher cost profile for the standard account. Ultimately, the choice between XM Group and Moneta Markets will often depend on individual trading preferences, budget, and the specific account types utilized.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $5 | $50 |
| Average Spread EUR/USD - Standard | 1.6 | 1.38 |
| All-in Cost EUR/USD - Active | 0.8 | 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 XM Group and Moneta Markets for their range of available investments, both brokers provide forex trading as a contract for difference (CFD) option. XM Group offers a more extensive range of tradeable symbols, featuring 1394 symbols compared to Moneta Markets' 1016. However, when it comes to forex pairs, the difference is marginal, with XM Group offering 55 pairs, just one more than Moneta Markets. A particularly notable distinction is that XM Group allows clients to invest in actual shares traded on U.S. and international exchanges, a service Moneta Markets does not provide.
Both XM Group and Moneta Markets support copy trading, catering to those who wish to replicate the strategies of successful traders. However, neither broker currently allows the purchase of delivered cryptocurrencies, only offering cryptocurrency derivatives as CFDs. In terms of overall performance in the range of investments, XM Group scores slightly higher with a rating of 4.5 stars and holds the 23rd position among 62 brokers ranked by ForexBrokers.com. Moneta Markets, on the other hand, earns a solid 4-star rating and is positioned at 35th place in the same ranking category.
| Feature |
XM Group
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1394 | 1016 |
| Forex Pairs (Total) | 55 | 54 |
| U.S. Stock Trading (Non CFD) | Yes | 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 XM Group and Moneta Markets offer a range of trading platforms and tools that cater to various trader needs. Both brokers provide simulated trading via free virtual demo accounts and feature popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). While neither broker offers a proprietary platform, they both support Windows-based desktop downloads and web-based trading for ease of access. Additionally, both XM Group and Moneta Markets facilitate copy trading, which is a popular feature among traders who prefer mirroring successful strategies from experienced investors. However, Moneta Markets takes it a step further by also offering ZuluTrade for its users, a service not supported by XM Group.
When it comes to charting, Moneta Markets offers a noticeably higher number of drawing tools, totaling 78, compared to XM Group's 15. However, XM Group provides more options for watch list customization with 7 columns, while Moneta Markets offers 4. Both brokers allow traders to execute trades directly from stock charts, adding convenience to their trading experiences. Rated 4 out of 5 stars for their trading platforms and tools, both XM Group and Moneta Markets have earned praise for their solid offerings. XM Group is ranked slightly higher at #30 compared to Moneta Markets at #33, according to ForexBrokers.com, indicating a marginally stronger perception in trading platform services.
| Feature |
XM Group
|
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 XM Group and Moneta Markets provide comprehensive mobile trading apps available on iPhone and Android devices. They each offer essential features like stock and forex price alerts, as well as watchlist syncing, enabling seamless integration with users' online accounts. XM Group and Moneta Markets both offer an impressive 30 technical studies for charting, allowing traders to perform in-depth analysis straight from their app. Users can enjoy the flexibility of viewing various time frames, such as daily, weekly, or intraday, on their charts. Moreover, they can draw trendlines for better technical analysis, although XM Group's app lacks the auto-save feature for these drawings, unlike Moneta Markets.
In terms of performance ratings, both brokers' mobile apps receive 4 out of 5 stars. However, there's a slight difference in their rankings by ForexBrokers.com, with XM Group positioned at #27 and Moneta Markets at #35 out of 62 brokers. Both apps allow users to create watchlists with real-time quotes, ensuring that traders stay updated with current market conditions. Whether you choose XM Group or Moneta Markets, their apps provide a reliable platform for managing your trading activities on the go.
| Feature |
XM Group
|
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 | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | No | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to online market research, XM Group and Moneta Markets both provide comprehensive services. Both brokers offer daily market commentary and access to forex news from prestigious sources like Bloomberg and Reuters. Additionally, they each provide tools from Trading Central, offering insightful technical analytics, as well as sentiment-based trading tools that indicate the ratio of long or short positions in the market. Both brokers also keep traders informed with economic calendars detailing global news events that might impact financial decisions.
However, distinctions arise in their overall research capabilities. XM Group shines with a perfect 5-star rating for research, ranking 8th out of 62 brokers according to ForexBrokers.com. In comparison, Moneta Markets boasts a respectable yet lower 4-star rating, positioned at 32nd in the same category. Neither broker uses Autochartist or provides research from Acuity Trading or TipRanks, ensuring a clear focus on other valuable resources. For traders prioritizing extensive and critically acclaimed market research, XM Group comes ahead of Moneta Markets.
| Feature |
XM Group
|
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.
When it comes to educational resources for beginners, XM Group stands out with a wider range of options compared to Moneta Markets. Both brokers provide a solid foundation with over ten educational pieces focused on forex and CFDs, including articles, videos, and webinars. However, XM Group takes it further by hosting regular online educational webinars every month and offering a searchable archive of past webinars, allowing learners to catch up on missed sessions. Unfortunately, Moneta Markets does not provide monthly webinars or an archive feature, which could be a downside for those who prefer live or recorded events.
In terms of educational videos, both XM Group and Moneta Markets offer content tailored for beginners and experienced traders alike, making them valuable resources for a broad audience. However, XM Group's extra commitment to providing frequent webinars and archived content likely contributes to its higher education rating of five stars compared to Moneta Markets' four stars. These efforts also reflect in XM Group’s rank of seventh out of 62 brokers in the education category on ForexBrokers.com, significantly ahead of Moneta Markets, which is ranked thirty-third. While neither broker offers an investor dictionary, XM Group’s comprehensive educational offerings make it a more appealing choice for beginners eager to deepen their understanding of trading.
| Feature |
XM Group
|
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) | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that XM Group is better than Moneta Markets. XM Group finished with an overall rank of #17, while Moneta Markets finished with an overall rank of #35.
XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.
| Feature |
XM Group
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Moneta Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 88 | 72 |
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Both XM Group and Moneta Markets provide platforms for trading cryptocurrency derivatives, but neither broker allows the purchase of actual delivered cryptocurrencies.
Online brokers XM Group and Moneta Markets both provide Visa or Mastercard and bank wire options for depositing or withdrawing account funds, but only XM Group supports Skrill, while neither brokerage offers ACH, SEPA transfers, or PayPal as funding options.
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 | XM Group | Moneta Markets | |
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| Trust Score | 88 | 72 | |
| Winner | check_circle | ||
| Review | XM Group Review | Moneta Markets Review |
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| Regulation | XM Group | Moneta Markets | |
|---|---|---|---|
| Trust Score | 88 | 72 | |
| Year Founded | 2009 | 2009 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 1 | |
| Tier-2 Licenses | 1 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 1 |
| Tier-1 Licenses (Highly Trusted) | XM Group | 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) | No | 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) | XM Group | Moneta Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | XM Group | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1394 | 1016 | |
| Forex Pairs (Total) | 55 | 54 | |
| U.S. Stock Trading (Non CFD) | Yes | 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 | XM Group | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.6 | 1.38 | |
| All-in Cost EUR/USD - Active | 0.8 | 0.79 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | No | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XM Group | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $5 | $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 | XM Group | 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 | XM Group | 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 | XM Group | 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 | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | No | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | XM Group | 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 | XM Group | 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) | No | No |
| Major Forex Pairs | XM Group | 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 | XM Group Review | Moneta Markets Review |
| Overall | XM Group | Moneta Markets | |
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| Trust Score | 88 | 72 | |
| Winner | check_circle | ||
| Review | XM Group Review | Moneta Markets Review |
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