Forex.com vs Moneta Markets Forex Broker Comparison
A head-to-head comparison of Forex.com and Moneta Markets across regulation, trading costs, platforms, and editorial scoring.
One of very few brokers accepting US retail forex clients, with deep research tools and competitive raw spreads for professional accounts.
VS
Score 4.1 / 5
2 bonusesMulti-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.
Our Verdict
Forex.com winsby 0.1 pts
Forex.com 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.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
Recommended
Moneta Markets offers tighter spreads from 0 pips vs 1 pips for Forex.com, reducing trading costs.
Best for safety & regulation
Recommended
Forex.com has a stronger safety profile: top-tier regulation, compensation scheme, segregated funds, negative balance protection.
Best for active traders
Recommended
Moneta Markets has a cost edge: tighter spreads from 0 pips, lower commission ($6/lot).
Best for platform choice
It's a tie
Both equally suited
Both brokers offer an equivalent platform selection with similar exclusive and proprietary options.
Best for beginners
Recommended
Forex.com edges out Moneta Markets with a higher editorial score (4.2/5 vs 4.1/5), indicating a stronger overall experience for new traders.
Forex.com vs Moneta Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.2/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5▲ | 4.1 / 5 |
Fees & Spreads 30% weight | 4.2 / 5 | 4.4 / 5▲ |
Platforms & Tools 20% weight | 4.1 / 5▲ | 4.0 / 5 |
Customer Support 10% weight | 4.0 / 5 | 4.0 / 5 |
| Founded | 1999 | 2019 |
| Headquarters | Bedminster, New Jersey, USA | Sydney, Australia |
| Min deposit | $100 | $50 |
| Spreads from | 1 pips | 0 pips |
| Commission / lot | $7/lot | $6/lot |
| Max leverage | 50:1 | 1000:1 |
| Withdrawal fee | Free | Free |
| Regulators | FCA ASIC CFTC NFA MAS IIROC | FSCA ASIC FSA Seychelles |
| Platforms | MetaTrader 4 Proprietary Web/Mobile MetaTrader 5 | MetaTrader 4 Proprietary Web/Mobile MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Forex.com | Visit Moneta Markets |
Forex.com vs Moneta Markets Forex Broker Pros & Cons
Pros
One of the few brokers accepting US retail forex clients
Deep research tools including macro analysis
Raw spread account with competitive $7 round-turn commission
MT4, MT5 and proprietary platforms
Regulated by top-tier authorities (FCA, ASIC, CySEC)
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
Advanced charting tools included
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
$100 minimum deposit is higher than some peers
US clients restricted to 50:1 leverage on major pairs
Raw account pricing not available in all jurisdictions
Inactivity fee applies
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
Forex.com vs Moneta Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
Forex.com
criteria win
1
Moneta Markets
criteria win
Highlighted rows show where the two brokers differ
| Criteria | Forex.com | 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 | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Forex.com vs Moneta Markets: Frequently Asked Questions
Based on our independent editorial scoring, Forex.com 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; Forex.com and Moneta Markets may each suit different trader profiles.
Moneta Markets offers tighter spreads starting from 0 pips, compared to Forex.com's spreads from 1 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
Moneta Markets has a lower minimum deposit of $50, while Forex.com requires at least $100. This makes Moneta Markets more accessible for traders with limited starting capital.
Both Forex.com 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: Moneta Markets has a lower minimum deposit ($50), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Forex.com offers maximum leverage of 50:1, 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, lower than Forex.com's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Forex.com supports MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5 and Moneta Markets offers MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5; both support MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5.
Ready to get started?
Open an account directly with the broker that suits you best.
Score 4.1 / 5
More Broker Comparisons
More Forex.com comparisons
Personalised recommendation
Not sure which broker is right for you?
Answer 6 quick questions and we'll match you with the brokers that best fit your trading style, experience level, and country.
Find my broker