FXCMvs
Moneta MarketsForex Broker Comparison
FXCM and Moneta Markets face off on regulation, costs, and platforms. The debate centers on spread options and instrument breadth.
Our Verdict
Too close to call
FXCM and Moneta Markets remain closely matched; FXCM benefits from investor compensation scheme coverage.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1Raw spreads available at Moneta Markets; FXCM does not.
- 2FXCM charges inactivity fees; Moneta Markets does not.
- 3Moneta Markets offers 1000 instruments versus FXCM’s 400.
Who should choose FXCM vs Moneta Markets?
Find out which broker best suits your trader profile.
Choose FXCM if…
Choose FXCM if you prioritize FCA regulation and investor protection.
Choose Moneta Markets if…
Choose Moneta Markets if you seek raw spreads and MT4/MT5 access.
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 0.00 pips vs 0.40 pips for FXCM, reducing trading costs.
Best for safety & regulation
Recommended
FXCM vs Moneta Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.1 / 5 |
FXCM vs Moneta Markets Forex Broker Pros & Cons
Pros
Strong APIs (REST, FIX)
Trading Station + MT4
FCA regulated
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
FXCM vs Moneta Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
FXCM
criteria win
2
Moneta Markets
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | FXCM | 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 | 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 |
FXCM vs Moneta Markets: Frequently Asked Questions
FXCM and Moneta Markets share the same editorial score of 4.1/5. One concrete differentiator: Moneta Markets has tighter spreads from 0 pips.
Moneta Markets starts from 0 pips, tighter than FXCM's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Both FXCM and Moneta Markets require a minimum deposit of $50 to open a live trading account.
Both FXCM and Moneta Markets hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both brokers provide negative balance protection. Also compare demo account availability and educational resources on each broker's site before deciding.
FXCM lists maximum leverage of 400:1, while Moneta Markets lists up to 1000:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
Moneta Markets charges $6 per lot on commission-based accounts. Commission details for FXCM are not currently available. Check their website for up-to-date pricing.
FXCM supports ZuluTrade, Proprietary Web/Mobile, MetaTrader 4, NinjaTrader, while Moneta Markets supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide Proprietary Web/Mobile and MetaTrader 4. FXCM has exclusive access to ZuluTrade and NinjaTrader. Moneta Markets has exclusive access to MetaTrader 5.
