IC Marketsvs
Moneta MarketsForex Broker Comparison
This comparison pits IC Markets against Moneta Markets on trust, fees, and platform options. The tension centers on regulation depth and cost clarity.
Our Verdict
IC Markets winsClear Winner
IC Markets edges Moneta Markets on editorial score (4.7 vs 4.1) with stronger trust & regulation, better fees & spreads, and stronger platforms.
IC Markets
4.7/5
Moneta Markets
4.1/5
Key Differences
- 1IC Markets is CySEC-regulated; Moneta uses Seychelles FSA.
- 2Leverage differs: 500:1 IC Markets vs 1000:1 Moneta.
- 3Platform mix: IC Markets MT4/MT5/cTrader; Moneta MT4/MT5 plus AppTrader.
Who should choose IC Markets vs Moneta Markets?
Find out which broker best suits your trader profile.
Choose IC Markets if…
Choose IC Markets. It offers MT4/MT5 and cTrader plus true ECN pricing.
Choose Moneta Markets if…
Choose Moneta Markets. It offers MT4/MT5 plus AppTrader and Pro ECN pricing.
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
It’s a tie
Both equally suited
Both brokers offer spreads from 0.00 pips.
Best for safety & regulation
Recommended
IC Markets vs Moneta Markets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.7/ 5 | 4.1/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.6 / 5▲ | 4.1 / 5 |
IC Markets vs Moneta Markets Forex Broker Pros & Cons
Pros
True ECN routing with raw 0.0 pip spreads
All three major platforms (MT4, MT5, cTrader)
Deep liquidity from 25+ tier-1 sources
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
IC Markets vs Moneta Markets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
1
IC Markets
criteria win
1
Moneta Markets
criteria win
Highlighted rows show where the two brokers differ
| Criteria | IC Markets | 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 | 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 | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
IC Markets vs Moneta Markets: Frequently Asked Questions
IC Markets rates 4.7/5 versus 4.1/5 for Moneta Markets. IC Markets edges ahead on our composite score, though both brokers meet a reasonable standard for most traders.
Both IC Markets and Moneta Markets start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Moneta Markets has $50, while IC Markets requires at least $200. This makes Moneta Markets more accessible for traders with limited starting capital.
Both IC Markets 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, two factors stand out: Moneta Markets requires a lower minimum deposit ($50), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
IC Markets lists maximum leverage of 500:1, 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, lower than IC Markets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4, while Moneta Markets supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. IC Markets has exclusive access to cTrader and TradingView. Moneta Markets has exclusive access to Proprietary Web/Mobile.
