Moneta Markets and Plus500 face off on platform availability, pricing, and regulation. The tension centers on MT4/MT5 access versus a proprietary platform and zero-commission model.
Moneta Markets and Plus500 are closely matched, with Moneta Markets offering MT4/MT5 while Plus500 does not.
Find out which broker best suits your trader profile.
Choose Moneta Markets if…
Choose Moneta Markets if you want MT4/MT5 support and raw spreads with a $6/lot commission.
Choose Plus500 if…
Choose Plus500 if you prefer zero commission trades on a regulated platform with investor compensation.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Moneta Markets offers tighter spreads from 0.00 pips vs 0.60 pips for Plus500, reducing trading costs.
| Editorial score | 4.1/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.2 / 5▲ |
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)
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Moneta Markets | Plus500 |
|---|---|---|
| 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) | Fail | Pass |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Fail |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Fail |
| Proprietary platform | Pass | Pass |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Fail |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Fail |
| Multilingual support | Pass | Pass |
The scores are close: Moneta Markets rates 4.1/5 and Plus500 rates 4/5. Moneta Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Moneta Markets starts from 0 pips, tighter than Plus500's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Moneta Markets has $50, while Plus500 requires at least $100. This makes Moneta Markets more accessible for traders with limited starting capital.
Both Moneta Markets and Plus500 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.
Moneta Markets lists maximum leverage of 1000:1, while Plus500 lists up to 30:1. 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 Plus500 are not currently available. Check their website for up-to-date pricing.
Moneta Markets supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while Plus500 supports Proprietary Web/Mobile. Both provide Proprietary Web/Mobile. Moneta Markets has exclusive access to MetaTrader 5 and MetaTrader 4.
Plus500 is stronger for regulation thanks to FCA, ASIC, CySEC, MAS, CMA oversight.
Moneta Markets supports MT4/MT5 and raw spreads, appealing to active traders.
Moneta Markets is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
Moneta Markets offers MT4/MT5 plus a proprietary app, broadening platform choice.
Plus500 offers a simple proprietary platform with zero commissions, easing entry for beginners.
Plus500 offers more instruments (2000) than Moneta Markets (1000).
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.0 / 5 |
|---|
Platforms & Tools 20% weight | 4.0 / 5▲ | 3.7 / 5 |
|---|
Customer Support 10% weight | 4.0 / 5▲ | 3.9 / 5 |
|---|
| Founded | 2019 | 2008 |
|---|
| Headquarters | Sydney, Australia | Haifa, Israel |
|---|
| Min Deposit | $50▼ lower | $100 |
|---|
| Spreads From | 0 pips▼ lower | 0.6 pips |
|---|
| Commission / lot | $6/lot | N/A |
|---|
| 0.6 pips | N/A |
| Max Leverage | 1,000:1 | 30:1▲ higher |
|---|
| Inactivity Fee | None | $10/month (after 3 months) |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardPayPalSkrillApple Pay |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardPayPalSkrill |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSCA ASIC FSA Seychelles | MAS FCA ASIC CySEC CMA |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | Proprietary Web/Mobile |
|---|
| Active bonuses |
|---|
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
Pros
LSE-listed providing strong institutional credibility
Zero commission on all trades
Intuitive proprietary platform with a clean mobile app
Negative balance protection across all accounts
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Investor compensation scheme coverage
No deposit fees
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
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
Cons
No MT4 or MT5 support
Limited research tools and market analysis
US residents not accepted
No copy trading
No raw spread account option
Inactivity fee applies
No MetaTrader support
Limited charting capabilities
No phone support
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
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