Comparison of Moneta Markets and XM
Feature | Moneta Markets | XM |
---|---|---|
Broker | ||
Year Founded | 2020 | 2009 |
Broker Type | STP, ECN | MM |
Dealing | A-book | B-book |
Execution | Market | Market |
Regulation | FSCA, SFSA | BFSC, CySEC, ASIC, DFSA |
Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), PRO Trader | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Spread | ⮕ Average | ⬊ Low |
Maximum Leverage | 1:1000 | 1:1000 |
Minimum Deposit | $50 | $5 |
Base Currencies | USD, EUR, GBP, CAD, NZD, SGD, HKD, JPY, BRL | USD, EUR, GBP, AUD, CHF, JPY, PLN, ZAR, SGD, HUF |
Funding Methods | Bank Wire, Credit Card, Debit Card, FasaPay, SticPay, Bitcoin (BTC), Tether (USDT), ETH (Ethereum), USDC (USD Coin) | Bank Wire, Credit Card, Debit Card, FasaPay, Giropay, IDEAL, Jeton, Mobile Money, MuchBetter, Neteller, NganLuong, Paysafecard, Perfect Money, POLi, Przelewy24, Skrill, STICPAY, Trustly, China UnionPay, WebMoney |
Inactivity Fee | ✖ | $15 after 12 months |
Interest on Margin | ✖ | ✖ |
Withdrawal Fee | ✖ | ✖ |
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, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies | Currencies, Indices, Stocks, Cryptocurrencies, Metals, Energies, Soft Commodities |
Review | Moneta Markets Review | XM Review |
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
About XM
XM is a globally recognized forex and CFD broker established in 2009. Regulated by reputable financial authorities such as the Cyprus Securities and Exchange Commission (CySEC) and the Australian Securities and Investments Commission (ASIC), XM provides a secure and transparent trading environment. The broker offers access to over 1000 financial instruments, including forex pairs, commodities, indices, metals, and energies, catering to both novice and experienced traders. One of XM's standout features is its commitment to client education and support. The broker provides extensive educational resources like webinars, tutorials, and market analyses to help traders make informed decisions. With multiple account types, competitive spreads, and support for popular trading platforms like MetaTrader 4 and MetaTrader 5, XM aims to deliver a flexible and user-friendly trading experience tailored to individual needs.
Pros
- Regulated by reputable authorities
- Wide range of trading instruments
- Multiple account types
- Competitive spreads and leverage
- Comprehensive educational resources
- Advanced trading platforms
- Multilingual customer support
Cons
- Inactivity fees
- Restricted in certain countries
Moneta Markets & XM Regulation
Feature | Moneta Markets | XM |
---|---|---|
Companies | Moneta Markets (Pty) Ltd, Moneta Markets Ltd | XM Global Limited, Trading Point Of Financial Instruments Ltd, Trading Point of Financial Instruments Pty Limited, Trading Point MENA Limited |
Countries | Mauritius, Seychelles | Belize, Cyprus, Australia, United Arab Emirates |
Regulators | FSCA, SFSA | BFSC, CySEC, ASIC, DFSA |
Investor Protection | - | Investor Compensation Fund (ICF) |
Investor Protection Size | - | €20 000 |
Publicly Traded | ||
Segregated Accounts | ||
Guaranteed Stop Loss | ||
Negative Balance Protection |
Account Types
Account | Moneta Markets | XM |
---|---|---|
Market Maker Account | ||
Account Name | — | Standard |
Min Deposit | — | $5 |
Lot Size | — | 0.01 |
Spread Type | — | Floating |
Execution | — | Market |
Min Spread | — | 1.6 |
Fee | — | No |
Max Leverage | — | 1:1000 |
Stop Out | — | 20% |
Margin Call | — | 50% |
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% | — |
Cent Account | ||
Account Name | — | Micro |
Min Deposit | — | $5 |
Lot Size | — | 0.01 |
Spread Type | — | Floating |
Execution | — | Market |
Min Spread | — | 1.6 |
Fee | — | No |
Max Leverage | — | 1:1000 |
Stop Out | — | 20% |
Margin Call | — | 50% |
Additional Features | ||
Demo Account | ||
VIP Account | ||
Swap-Free Account | ||
Copy Trading | ||
VPS | ||
PAMM/MAM Accounts |
Funding and Fees
Feature | Moneta Markets | XM |
---|---|---|
Base currencies | USD, EUR, GBP, CAD, NZD, SGD, HKD, JPY, BRL | USD, EUR, GBP, AUD, CHF, JPY, PLN, ZAR, SGD, HUF |
Deposit and withdrawal methods | Bank Wire, Credit Card, Debit Card, FasaPay, SticPay, Bitcoin (BTC), Tether (USDT), ETH (Ethereum), USDC (USD Coin) | Bank Wire, Credit Card, Debit Card, FasaPay, Giropay, IDEAL, Jeton, Mobile Money, MuchBetter, Neteller, NganLuong, Paysafecard, Perfect Money, POLi, Przelewy24, Skrill, STICPAY, Trustly, China UnionPay, WebMoney |
Inactivity fee | $15 after 12 months | |
Interest on margin | ||
Withdrawal fee |
Trading Platforms and Conditions
Feature | Moneta Markets | XM |
---|---|---|
Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), PRO Trader | MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
Execution Speed | 15 ms | 0 ms |
Scalping | ||
Expert Advisors (EAs) | ||
Depth of Market (DOM) | ||
Spread | average | low |
Trading Assets
Asset | Moneta Markets | XM |
---|---|---|
Currencies | 48 | 55 |
Indices | 23 | 50 |
Stocks | 830 | 1307 |
Cryptocurrencies | 57 | 58 |
Bonds | 7 | 0 |
Metals | 5 | 3 |
Energies | 6 | 3 |
Soft Commodities | 5 | 8 |
ETFs | 57 | 0 |
Education and Analytics
Feature | Moneta Markets | XM |
---|---|---|
Economic Calendar | ||
Indicators | ||
Robots | ||
Signals | ||
Autochartist | ||
Expert Analytics | ||
News Feed | ||
Education Articles | ||
Webinars | ||
Seminars |
Bonuses
Bonus | Moneta Markets | XM |
---|---|---|
Welcome Bonus | ||
Is available | ||
Size | — | 100%, up to $5000 |
Details | — | Learn More |
Contests
Feature | Moneta Markets | XM |
---|---|---|
Live Contests | ||
Is available | ||
Contests List | — |
|
- StarterStart Balance: $500 · Prize Pool: $15000 · Period: WeeklyLearn More
- ProStart Balance: $1000 · Prize Pool: $30,000 · Period: WeeklyLearn More
Customer Support
Contact | Moneta Markets | XM |
---|---|---|
Email | support@monetamarkets.com | support@xm.com |
Phone | — | +5012236696 |
Facebook | ||
LinkedIn | ||
YouTube | YouTube | YouTube |
Instagram | ||
Twitter | ||
TikTok | — | TikTok |
Which Broker is Better?
After comparing Moneta Markets and XM, XM 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.