Comparison of eToro and Moneta Markets
| Feature | eToro | Moneta Markets |
|---|---|---|
| Broker | ||
| Year Founded | 2006 | 2020 |
| Broker Type | MM, Social | STP, ECN |
| Dealing | B-book | A-book |
| Execution | Instant | Market |
| Regulation | SFSA, FCA, CySEC, ASIC, SEC | FSCA, SFSA |
| Platforms | eToro | MetaTrader 4 (MT4), MetaTrader 5 (MT5), PRO Trader |
| Spread | ⬈ High | ⮕ Average |
| Maximum Leverage | 1:30 | 1:1000 |
| Minimum Deposit | $200 | $50 |
| Base Currencies | USD | USD, EUR, GBP, CAD, NZD, SGD, HKD, JPY, BRL |
| Funding Methods | Bank Wire, Credit Card, Debit Card, PayPal, Skrill, Neteller, Klarna, Rapid Transfer, Trustly | Bank Wire, Credit Card, Debit Card, FasaPay, SticPay, Bitcoin (BTC), Tether (USDT), ETH (Ethereum), USDC (USD Coin) |
| Inactivity Fee | $10 per month after 12 months | ✖ |
| Interest on Margin | ✖ | ✖ |
| Withdrawal Fee | $5 | ✖ |
| Investor Protection | Investor Compensation Fund (ICF) | - |
| Protection Size | €20 000 | - |
| Segregated Accounts | ✔ | ✔ |
| Negative Balance Protection | ✔ | ✔ |
| Guaranteed Stop Loss | ✖ | ✔ |
| Copy Trading | ✔ | ✔ |
| VPS | ✖ | ✔ |
| MAM/PAMM | ✖ | ✖ |
| Scalping Allowed | ✖ | ✔ |
| EAs/Robots | ✖ | ✔ |
| Depth of Market (DOM) | ✖ | ✖ |
| Tradable Assets (CFDs) | Currencies, Indices, Stocks, ETFs, Cryptocurrencies, Metals, Energies, Soft Commodities | Currencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies |
| Review | eToro Review | Moneta Markets Review |
About eToro
eToro is a globally renowned social trading platform, offering a unique approach to forex and CFD trading through its innovative copy trading feature. Established in 2007 and regulated by multiple top-tier authorities, including the FCA, CySEC, and ASIC, eToro has become a popular choice for traders of all experience levels. The platform allows users to follow and copy successful traders, making it particularly appealing to beginners seeking to learn and profit from experienced professionals. Beyond social trading, eToro offers a diverse range of instruments, including forex, stocks, ETFs, commodities, and cryptocurrencies, making it a versatile platform for portfolio diversification. Its proprietary platform is user-friendly and comes with robust analytical tools, catering to both novice and seasoned traders. However, while eToro's zero-commission stock trading is a standout feature, its relatively high spreads and inactivity fees may deter cost-conscious traders.
Pros
- Unique copy trading feature for following successful traders
- Regulated by multiple top-tier authorities (FCA, CySEC, ASIC, etc.)
- Offers a wide range of instruments, including cryptocurrencies and stocks
- User-friendly proprietary platform with robust analytical tools
- Zero-commission stock trading for non-leveraged positions
- Integrated social features for sharing insights and strategies
Cons
- Relatively high spreads compared to other brokers
- Inactivity fees applied after 12 months of non-use
- Limited options for advanced trading platforms like MT4 or MT5
- Withdrawal fees for certain transactions
- Customer support may have delayed response times during peak periods
About Moneta Markets
Moneta Markets is a technology-focused forex and CFD broker (part of the Vantage group) that gives traders access to more than 1000 instruments-currencies, indices, commodities, shares, ETFs, bonds and crypto. Regulated by ASIC and the FSCA, with an additional offshore licence (SVGFSA), it pairs Tier-1 liquidity with Equinix data-centre hosting to deliver ECN pricing from 0.0 pips and execution under 30 ms. Clients can start with as little as $50, trade with flexible leverage up to 1 : 1000, and choose from MT4/MT5, the TradingView-powered ProTrader web terminal, or the dedicated CopyTrader app. Fee-free deposits, same-day withdrawals and regular cashback promotions round out a package aimed at both active scalpers and copy-trade investors.
Pros
- Wide market selection: 1000+ instruments across forex, stocks, indices, commodities, ETFs, bonds and crypto
- Choice of modern platforms - MT4, MT5, ProTrader (TradingView) and CopyTrader - plus mobile apps
- ECN spreads from 0.0 pips and ultra-fast execution via Tier-1 liquidity and Equinix servers
- High leverage up to 1 : 1000 and low $50 minimum deposit make accounts accessible
- Fast, fee-free deposits and typically same-day withdrawals through multiple payment methods
- Ongoing incentives such as 50 % cashback bonus, Trading Central research and copy-trading infrastructure
Cons
- Premium analytics and education tools are gated behind a $500 minimum deposit
- Core offshore registration (SVGFSA) offers weaker investor protection than top-tier regulators
- No fixed-spread account option for traders who want completely predictable costs during high volatility
eToro & Moneta Markets Regulation
| Feature | eToro | Moneta Markets |
|---|---|---|
Companies | eToro (Seychelles) Limited, eToro (UK) Ltd, Etoro (Europe) Ltd, eToro AUS Capital Limited, eToro USA Securities Inc. | Moneta Markets (Pty) Ltd, Moneta Markets Ltd |
Countries | Seychelles, United Kingdom, Cyprus, Australia, United States | Mauritius, Seychelles |
Regulators | SFSA, FCA, CySEC, ASIC, SEC | FSCA, SFSA |
Investor Protection | Investor Compensation Fund (ICF) | - |
Investor Protection Size | €20 000 | - |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
| Account | eToro | Moneta Markets |
|---|---|---|
Market Maker Account | ||
| Account Name | eToro | — |
| Min Deposit | $200 | — |
| Lot Size | 0.01 | — |
| Spread Type | Floating | — |
| Execution | Instant | — |
| Min Spread | 1 | — |
| Fee | No | — |
| Max Leverage | 1:30 | — |
| Stop Out | 50% | — |
| Margin Call | 100% | — |
STP Account | ||
| Account Name | — | Direct STP |
| Min Deposit | — | $50 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 1.2 |
| Fee | — | No |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 50% |
| Margin Call | — | 80% |
ECN Account | ||
| Account Name | — | Prime ECN |
| Min Deposit | — | $50 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0 |
| Fee | — | $6 per 1 lot |
| Max Leverage | — | 1:1000 |
| Stop Out | — | 50% |
| Margin Call | — | 80% |
Zero Account | ||
| Account Name | — | Ultra ECN |
| Min Deposit | — | $20 000 |
| Lot Size | — | 0.01 |
| Spread Type | — | Floating |
| Execution | — | Market |
| Min Spread | — | 0 |
| Fee | — | $2 per 1 lot |
| Max Leverage | — | 1:500 |
| Stop Out | — | 50% |
| Margin Call | — | 80% |
| Additional Features | ||
| Demo Account | ||
| VIP Account | ||
| Swap-Free Account | ||
| Copy Trading | ||
| VPS | ||
| PAMM/MAM Accounts | ||
Funding and Fees
| Feature | eToro | Moneta Markets |
|---|---|---|
Base currencies | USD | USD, EUR, GBP, CAD, NZD, SGD, HKD, JPY, BRL |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, PayPal, Skrill, Neteller, Klarna, Rapid Transfer, Trustly | Bank Wire, Credit Card, Debit Card, FasaPay, SticPay, Bitcoin (BTC), Tether (USDT), ETH (Ethereum), USDC (USD Coin) |
Inactivity fee | $10 per month after 12 months | |
Interest on margin | ||
Withdrawal fee | $5 |
Trading Platforms and Conditions
| Feature | eToro | Moneta Markets |
|---|---|---|
Trading Platforms | eToro | MetaTrader 4 (MT4), MetaTrader 5 (MT5), PRO Trader |
Execution Speed | 0 ms | 15 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | high | average |
Trading Assets
| Asset | eToro | Moneta Markets |
|---|---|---|
Currencies | 47 | 48 |
Indices | 13 | 23 |
Stocks | 2500 | 830 |
Cryptocurrencies | 112 | 57 |
Bonds | 0 | 7 |
Metals | 7 | 5 |
Energies | 2 | 6 |
Soft Commodities | 4 | 5 |
ETFs | 250 | 57 |
Education and Analytics
| Feature | eToro | Moneta Markets |
|---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Customer Support
| Contact | eToro | Moneta Markets |
|---|---|---|
Email | customerservice@etoro.com | support@monetamarkets.com |
Phone | +1800778439 | — |
Facebook | — | |
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | — | |
Twitter |
Which Broker is Better?
After comparing eToro and Moneta Markets, eToro comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.
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Andriy Bondarenko
Broker Analyst
Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.