Two-regulated brokers compete in stock CFDs with different exchange access and platform capabilities. The axis centers on cost transparency and equity access across global markets.
IC Markets edges Moneta Markets on the editorial score due to broader exchange access and stronger regulation.
Find out which stock broker best suits your investing profile.
Choose IC Markets if…
Choose IC Markets for 24/5 live chat.
Choose Moneta Markets if…
Choose IC Markets for access to 12 exchanges and a compensation scheme. Choose Moneta Markets for copy trading integration. Choose Moneta Markets for ASIC and FSCA regulation.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
IC Markets is regulated by ASIC and CySEC, offering tier-1 regulatory coverage.
| Editorial score | 4.1/ 5 | 3.5/ 5 |
|---|---|---|
| Min deposit | $200 | $50▼ lower |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $7/lot | $6/lot▼ lower |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | IC Markets | Moneta Markets |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Fail |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
IC Markets rates 4.1/5 versus 3.5/5 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 the same spread of 0. For stock trading, also compare per-trade or per-share commissions to determine the total cost per transaction.
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 5:1, 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 trade, lower than IC Markets's $7 per trade. Lower commissions benefit active traders who execute many trades per day. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
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.
Neither IC Markets nor Moneta Markets is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
IC Markets scores higher on investor protection criteria, with compensation scheme coverage and segregated client funds. For stock investors, confirming compensation scheme coverage ensures your assets are protected up to a defined limit if the broker becomes insolvent.
IC Markets provides IRESS DMA access and broader exchange coverage, aiding active equity trading.
Moneta Markets offers copy trading integration and easier entry through MT4/MT5.
IC Markets connects to 12 exchanges, expanding access beyond Moneta's 5.
IC Markets offers transparent per-share pricing (USD 0.02/US stock), reducing costs.
Equally matched; neither offers fractional shares or DRIP, limiting long-term stock investment features.
| 0.7 pips |
| 0.6 pips▼ lower |
| Inactivity fee | None | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPal | Bank transferCredit cardDebit cardSkrillNeteller |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardSkrillNeteller |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | FSCA ASIC CySEC | FSCA ASIC FSA Seychelles |
|---|
| Platforms | cTrader MetaTrader 5 TradingView MetaTrader 4 | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.5 / 5
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