A head-to-head comparison of ATFX and Moneta Markets across regulation, trading costs, platforms, and editorial scoring.
FCA and CySEC-regulated broker with a fast-growing global footprint, 300+ instruments on MT4, and a strong presence in the UAE and Asian markets - built on institutional backing and multi-regional regulation.
Multi-regulated broker with ASIC, FSCA, and FSA Seychelles licences, offering competitive raw ECN conditions and a proprietary platform alongside MT4 and MT5 - growing presence in Africa and Asian markets.
ATFX edges ahead with a score of 4.2/5 vs Moneta Markets's 4.1/5. A narrow margin, so review the breakdown below to see where each broker has a clear advantage.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Moneta Markets offers tighter spreads from 0 pips vs 1.8 pips for ATFX, reducing trading costs.
ATFX has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Moneta Markets has a cost edge: raw/ECN spreads, tighter spreads from 0 pips.
Moneta Markets offers more exclusive platform options: MetaTrader 5, Proprietary Web/Mobile, a proprietary platform.
ATFX edges out Moneta Markets with a higher editorial score (4.2/5 vs 4.1/5), indicating a stronger overall experience for new traders.
| Editorial score | 4.2/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 4.1 / 5 |
Fees & Spreads 30% weight | 3.8 / 5 | 4.4 / 5▲ |
Platforms & Tools 20% weight | 3.7 / 5 | 4.0 / 5▲ |
Customer Support 10% weight | 4.2 / 5▲ | 4.0 / 5 |
| Founded | 2017 | 2019 |
| Headquarters | London, United Kingdom | Sydney, Australia |
| Min deposit | No minimum | $50 |
| Spreads from | 1.8 pips | 0 pips |
| Commission / lot | N/A | $6/lot |
| Max leverage | 400:1 | 1000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA FSCA CySEC | FSCA ASIC FSA Seychelles |
| Platforms | MetaTrader 4 | MetaTrader 4 MetaTrader 5 Proprietary Web/Mobile |
| Active bonuses | ||
| Visit broker | Visit ATFX | Visit Moneta Markets |
Pros
FCA (UK), CySEC (EU), and FSCA (SA) licensing
300+ instruments including ETF CFDs and bond CFDs
FSCS protection up to GBP 85,000 for UK clients
No minimum deposit, no inactivity fee
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
No deposit fees
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Pros
ASIC, FSCA, and FSA Seychelles licensing - choice of regulatory framework
Pro ECN account: 0.0 pip spreads with $6 commission
MT4, MT5, and proprietary AppTrader platform
Strong localisation for Africa and Asia
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Multilingual customer support
Cons
MT4 only - no MT5, cTrader, or proprietary platform
Standard spreads from 1.8 pips are not ECN-competitive
Relatively young broker - founded 2017
No raw spread account option
Limited charting capabilities
Cons
Founded 2019 - limited track record vs established competitors
Lower brand recognition outside Africa and Asia
FSA Seychelles entity offers limited investor protection
No investor compensation scheme
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | ATFX | Moneta Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Based on our independent editorial scoring, ATFX ranks higher with a score of 4.2/5 vs 4.1/5 for Moneta Markets. The best choice still depends on your individual trading needs; ATFX and Moneta Markets may each suit different trader profiles.
Moneta Markets offers tighter spreads starting from 0 pips, compared to ATFX's spreads from 1.8 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
ATFX has a lower minimum deposit of no minimum required, while Moneta Markets requires at least $50. This makes ATFX more accessible for traders with limited starting capital.
Both ATFX and Moneta Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: ATFX has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
ATFX offers maximum leverage of 400:1, while Moneta Markets offers up to 1000:1. Available leverage varies by account type, instrument, and jurisdiction. Higher leverage amplifies both potential profits and losses. Always use appropriate risk management.
Moneta Markets charges $6 per lot on commission-based accounts. Commission details for the other broker are not currently available. Check their website for up-to-date pricing.
ATFX supports MetaTrader 4 and Moneta Markets offers MetaTrader 4, MetaTrader 5, Proprietary Web/Mobile; both support MetaTrader 4; Moneta Markets exclusively offers MetaTrader 5, Proprietary Web/Mobile.
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