Written by ForexBrokers.com
In this head to head comparison of XTB 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.
XTB and Moneta Markets are both online brokerage firms that offer trading services, but they differ significantly in terms of trust and regulation. Founded in 2002, XTB is a publicly traded company and holds two highly-trusted Tier-1 licenses. It has earned a Trust Score of 96 on ForexBrokers.com, indicating it is highly trusted. Despite not being a bank, XTB's high score and regulatory licenses make it a reliable choice for those seeking a secure trading platform.
On the other hand, Moneta Markets was founded in 2009 and is not publicly traded. The firm holds one Tier-1 license and one Tier-2 license, as per ForexBrokers.com classifications, making it less regulated compared to XTB. With a Trust Score of 72, Moneta Markets falls into the average risk category. Though it can still be suitable for online trading, those prioritizing higher trust levels might consider the differences in regulatory strength when choosing between these two brokers.
| Feature |
XTB
|
Moneta Markets
|
|---|---|---|
| Year Founded | 2002 | 2009 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 2 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
When comparing the commissions and fees of XTB and Moneta Markets, both brokers offer competitive pricing structures, but each has distinct account types and conditions tailored to different trading needs. XTB provides two main account options: a spread-only Standard account and a commission-based Professional account, although the latter is phasing out and primarily available for certain professional clients in the U.K. and Europe. XTB's pricing aligns with industry averages, featuring an average forex spread of 1 pip on the EUR/USD pair as of Q4 2023. With a minimum deposit requirement of 250 units of the base currency, the Standard account emerges as a cost-effective choice for most retail traders. Notably, XTB offers an active trader program through its Lower Spread Group, offering rebates from 5% to 30% for high-volume traders.
Moneta Markets presents three account options: commission-based Prime ECN and Ultra ECN accounts, and a commission-free Direct STP account. The Direct STP account has higher forex spreads, averaging 1.38 pips for EUR/USD as of August 2023, whereas the Prime ECN account features lower spreads, averaging 0.194 pips with a $6 round-trip commission per lot. The Ultra ECN account offers tighter spreads and a $2 round-trip commission, but entails a $20,000 minimum deposit. Despite offering attractive pricing, Moneta Markets still trails behind the very best brokers in terms of overall pricing structure.
Both brokers earn a 4.5-star rating for commissions and fees, highlighting their competitiveness in the field. However, on the ForexBrokers.com ranking, XTB holds the #11 spot out of 62 brokers, slightly ahead of Moneta Markets, which ranks #16. This reflects a slight edge for XTB in overall value for the commissions and fees category.
| Feature |
XTB
|
Moneta Markets
|
|---|---|---|
| Minimum Deposit | $0 | $50 |
| Average Spread EUR/USD - Standard | 1.00 | 1.38 |
| All-in Cost EUR/USD - Active | 1.00 | 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 it comes to the range of investments, XTB and Moneta Markets both offer opportunities in forex trading through CFDs or spot contracts, but their overall offerings differ significantly. XTB provides a vast selection with 7,184 tradeable symbols, including 71 forex pairs. In contrast, Moneta Markets offers a more compact choice of 1,016 tradeable symbols with 54 forex pairs available. One standout feature of XTB is the ability to trade exchange-traded securities on major U.S. and international exchanges, allowing clients to invest directly in companies like Apple and Vodafone without leveraging CFDs. Moneta Markets does not provide direct access to these securities but compensates with the availability of copy trading, a feature absent in XTB.
Investors interested in cryptocurrency derivatives can find options with both brokers, as neither offers the ability to directly purchase actual cryptocurrencies. XTB holds an edge with a five-star rating for its range of investments and ranks 14th among 62 brokers according to ForexBrokers.com. Moneta Markets, meanwhile, carries a four-star rating and ranks 35th in the same category. This indicates that while Moneta Markets has versatile investment options including copy trading, XTB's extensive range and direct access to a wider array of markets give it a competitive advantage in the investment landscape.
| Feature |
XTB
|
Moneta Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 1016 |
| Forex Pairs (Total) | 71 | 54 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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 comparing the trading platforms and tools of XTB and Moneta Markets, both offer the convenience of a free virtual demo account, allowing users to practice trading without risk. XTB stands out with its proprietary platform available for download on Windows and as a web-based platform, providing a seamless trading experience with the ability to trade directly from charts. Although XTB does not support MetaTrader 4 (MT4) or MetaTrader 5 (MT5), it offers 32 drawing tools for charting and a well-organized watch list with up to eight columns, contributing to its impressive 4.5-star rating and #9 ranking for trading platforms and tools out of 62 brokers.
Moneta Markets, on the other hand, does not have an in-house developed platform but supports both MT4 and MT5, which are popular among traders for their extensive features. Alongside a Windows-based and web browser trading platform, Moneta offers copy trading and supports ZuluTrade, enhancing its appeal to those interested in social trading. With 78 drawing tools, trading directly from charts, and a 4-star rating, Moneta Markets is ranked #33, showcasing a comprehensive yet slightly more conventional approach compared to XTB. Both brokers cater to different trading preferences, offering a variety of tools and platforms to suit a wide audience.
| Feature |
XTB
|
Moneta Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 39 | 105 |
| Charting - Drawing Tools (Total) | 32 | 78 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 4 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of XTB and Moneta Markets, both brokers offer apps for iPhone and Android devices, ensuring accessibility for users on the go. Each platform supports stock or forex price alerts, which helps traders stay informed of market movements. However, a key difference lies in the ability to sync watchlist symbols. Moneta Markets allows users to seamlessly sync watchlists between its mobile app and online account, whereas XTB does not provide this feature. In terms of charting capabilities, XTB takes the lead with 39 technical studies, compared to Moneta Markets' 30, giving traders more tools for analysis.
Both brokers allow traders to draw trendlines and switch between various time frames on charts while auto-saving these tools for future reference. Users can also create watchlists with real-time quotes, ensuring they can monitor their selected assets closely. In ratings, XTB scores slightly higher with 4.5 stars for their mobile trading app, ranking 8th out of 62 brokers by ForexBrokers.com. Moneta Markets, meanwhile, earns a 4-star rating and is ranked 35th. Overall, XTB's app offers more comprehensive charting features, while Moneta Markets stands out for its watchlist syncing capability.
| Feature |
XTB
|
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 | 39 | 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 XTB and Moneta Markets for market research offerings, both platforms deliver a solid foundation. XTB and Moneta Markets provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. However, when it comes to advanced technical analysis tools, Moneta Markets holds an edge by providing resources from Trading Central, unlike XTB. Both brokers include sentiment-based trading tools and offer an economic calendar to keep traders informed of global events, though neither utilizes resources from TipRanks or Acuity Trading.
Despite their similarities, XTB outshines Moneta Markets with a higher user rating and research ranking. XTB is rated 5 out of 5 stars and holds a remarkable 7th place among 62 brokers on ForexBrokers.com for research. In contrast, Moneta Markets earns a respectable 4-star rating and the 32nd spot in the same category. These distinctions make XTB a preferred choice for traders prioritizing comprehensive research capabilities. Nonetheless, Moneta Markets remains a strong contender with its unique strengths in technical analysis tools.
| Feature |
XTB
|
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) | No | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available for beginners at XTB and Moneta Markets, both platforms offer a wealth of educational content, including articles, videos, and webinars, focusing primarily on forex and CFDs. This makes them attractive choices for those new to trading. XTB shines with its commitment to continuous learning by hosting online client webinars every month. It also provides a searchable archive of previously recorded webinars, enabling users to revisit and learn at their pace, a feature Moneta Markets does not offer.
Both XTB and Moneta Markets supply an ample collection of beginner and advanced educational videos, making sure traders at every level find valuable learning material. However, neither offers an investor dictionary with definitions of 50 or more investing terms, which may be a consideration for those who prioritize industry jargon. In terms of educational quality and comprehensiveness, XTB leads with a 5-star rating and ranks 11th out of 62 brokers according to ForexBrokers.com. In contrast, Moneta Markets earns a respectable 4-star rating, placing it at the 33rd position. This suggests that while both platforms are strong contenders, XTB may offer more robust educational support for a beginner trader's journey.
| Feature |
XTB
|
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 XTB is better than Moneta Markets. XTB finished with an overall rank of #7, while Moneta Markets finished with an overall rank of #35.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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Moneta Markets
|
|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 72 |
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Both XTB and Moneta Markets do not offer the ability to buy actual delivered cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
While both XTB and Moneta Markets provide Visa, Mastercard, and bank wires for deposits and withdrawals, XTB distinguishes itself by supporting PayPal and Skrill, which are not available options with Moneta Markets; however, neither broker offers 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 | XTB | Moneta Markets | |
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| Trust Score | 96 | 72 | |
| Winner | check_circle | ||
| Review | XTB Review | Moneta Markets Review |
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| Regulation | XTB | Moneta Markets | |
|---|---|---|---|
| Trust Score | 96 | 72 | |
| Year Founded | 2002 | 2009 | |
| Publicly Traded (Listed) | Yes | 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 | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | XTB | 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) | XTB | 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 | XTB | Moneta Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 1016 | |
| Forex Pairs (Total) | 71 | 54 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | XTB | Moneta Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | 1.38 | |
| All-in Cost EUR/USD - Active | 1.00 | 0.79 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | Moneta Markets | |
|---|---|---|---|
| Minimum Deposit | $0 | $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 | XTB | Moneta Markets | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | XTB | Moneta Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 4 | |
| Charting - Indicators / Studies (Total) | 39 | 105 | |
| Charting - Drawing Tools (Total) | 32 | 78 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | 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 | 39 | 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 | XTB | 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 | XTB | 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 | XTB | 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 | XTB Review | Moneta Markets Review |
| Overall | XTB | Moneta Markets | |
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| Trust Score | 96 | 72 | |
| Winner | check_circle | ||
| Review | XTB Review | Moneta Markets Review |
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