In this side-by-side, Moneta Markets and ThinkMarkets square off on regulation, pricing, and platform choices, highlighting a tension between safety nets and instrument breadth.
Moneta Markets and ThinkMarkets are closely matched overall. ThinkMarkets provides investor compensation scheme coverage that Moneta Markets does not.
Find out which broker best suits your trader profile.
Choose Moneta Markets if…
Choose Moneta Markets if you want a multi-regulatory framework and 0.0 pip ECN spreads with $6 commission.
Choose ThinkMarkets if…
Choose ThinkMarkets if you prefer no minimum deposit on the standard account and a well-regarded mobile ThinkTrader app.
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 0.40 pips for ThinkMarkets, reducing trading costs.
| Editorial score | 4.1/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.3 / 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 | ThinkMarkets |
|---|---|---|
| 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 | 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 | 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 |
The scores are close: Moneta Markets rates 4.1/5 and ThinkMarkets rates 4.2/5. ThinkMarkets 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 ThinkMarkets's 0.4 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
ThinkMarkets has no minimum deposit, while Moneta Markets requires at least $50. This makes ThinkMarkets more accessible for traders with limited starting capital.
Both Moneta Markets and ThinkMarkets 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: ThinkMarkets has no minimum deposit, removing the capital barrier entirely, 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 ThinkMarkets lists up to 500:1. 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 ThinkMarkets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Moneta Markets supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while ThinkMarkets supports MetaTrader 5, Proprietary Web/Mobile, TradingView, MetaTrader 4. Both provide MetaTrader 5 and Proprietary Web/Mobile and MetaTrader 4. ThinkMarkets has exclusive access to TradingView.
Both Moneta Markets and ThinkMarkets are equally regulated with segregated funds.
ThinkMarkets wins for active traders due to 4000 instruments and raw spread options.
Moneta Markets is better suited for scalpers: lower commission ($6/lot), tighter spreads from 0.00 pips.
ThinkMarkets wins for platform choice with TradingView alongside MT4/MT5 and ThinkTrader.
ThinkMarkets offers a zero minimum deposit on the standard account.
ThinkMarkets offers 4000 instruments, more than Moneta Markets.
Fees & Spreads 30% weight | 4.4 / 5▲ | 4.2 / 5 |
|---|
Platforms & Tools 20% weight | 4.0 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.0 / 5 |
|---|
| Founded | 2019 | 2010 |
|---|
| Headquarters | Sydney, Australia | London, United Kingdom |
|---|
| Min Deposit | $50 | No minimum▼ lower |
|---|
| Spreads From | 0 pips▼ lower | 0.4 pips |
|---|
| Commission / lot | $6/lot▼ lower | $7/lot |
|---|
| 0.6 pips▼ lower | 1.1 pips |
| Max Leverage | 1,000:1 | 500:1▲ higher |
|---|
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC FSCA FSA Seychelles | FCA ASIC FSCA JFSA |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile TradingView MetaTrader 4 |
|---|
| 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
No minimum deposit on standard ThinkForex account
ThinkTrader proprietary app is well-reviewed for mobile trading
JFSA regulation for Japanese clients
Strong multi-region regulatory coverage
Regulated by top-tier authorities (FCA, ASIC, CySEC)
Client funds held in segregated accounts
Negative balance protection
Investor compensation scheme coverage
Raw spread account available
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
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
ThinkZero account requires $500 minimum deposit
Standard account is spread-only and not competitive for scalpers
Not available to US residents
Dig deeper into each broker’s features, fees, and regulation.
Score 4.1 / 5
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