Moneta Markets vs ThinkMarkets Forex Broker Comparison
A head-to-head comparison of Moneta Markets and ThinkMarkets across regulation, trading costs, platforms, and editorial scoring.
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.
VS
Score 4.2 / 5
2 bonusesNo minimum deposit on standard account, a highly rated ThinkTrader mobile app, and JFSA regulation for Japanese clients.
Our Verdict
ThinkMarkets winsby 0.1 pts
ThinkMarkets 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 0.4 pips for ThinkMarkets, reducing trading costs.
Best for safety & regulation
Recommended
ThinkMarkets 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
Recommended
ThinkMarkets offers more exclusive platform options: TradingView, a proprietary platform.
Best for beginners
Recommended
ThinkMarkets edges out Moneta Markets with a higher editorial score (4.2/5 vs 4.1/5), indicating a stronger overall experience for new traders.
Moneta Markets vs ThinkMarkets: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 4.1/ 5 | 4.2/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.1 / 5 | 4.3 / 5▲ |
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 |
| Spreads from | 0 pips | 0.4 pips |
| Commission / lot | $6/lot | $7/lot |
| Max leverage | 1000:1 | 500:1 |
| Withdrawal fee | Free | Free |
| Regulators | FSCA ASIC FSA Seychelles | FCA FSCA ASIC JFSA |
| Platforms | MetaTrader 4 Proprietary Web/Mobile MetaTrader 5 | MetaTrader 4 Proprietary Web/Mobile TradingView MetaTrader 5 |
| Active bonuses | ||
| Visit broker | Visit Moneta Markets | Visit ThinkMarkets |
Moneta Markets vs ThinkMarkets Forex Broker Pros & Cons
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
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
Moneta Markets vs ThinkMarkets: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
Moneta Markets
criteria wins
1
ThinkMarkets
criteria win
Highlighted rows show where the two brokers differ
| 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 |
Moneta Markets vs ThinkMarkets: Frequently Asked Questions
Based on our independent editorial scoring, ThinkMarkets 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; Moneta Markets and ThinkMarkets may each suit different trader profiles.
Moneta Markets offers tighter spreads starting from 0 pips, compared to ThinkMarkets's spreads from 0.4 pips. Tighter spreads lower the cost per trade, particularly valuable for high-frequency and scalping strategies.
ThinkMarkets has a lower minimum deposit of no minimum required, 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. Both are considered safe. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners: ThinkMarkets has a lower minimum deposit (no minimum), lowering the barrier to entry; both brokers offer negative balance protection. Also weigh up educational resources and customer support quality before deciding.
Moneta Markets offers maximum leverage of 1000:1, while ThinkMarkets offers up to 500:1. 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 ThinkMarkets's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
Moneta Markets supports MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5 and ThinkMarkets offers MetaTrader 4, Proprietary Web/Mobile, TradingView, MetaTrader 5; both support MetaTrader 4, Proprietary Web/Mobile, MetaTrader 5; ThinkMarkets exclusively offers TradingView.
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Score 4.1 / 5
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