AvaTrade vs Moneta Markets Comparison
We test brokers on real accounts using our own methodology, evaluating the quality of order execution, trading conditions, platforms and customer support.
Comparison Table of AvaTrade and Moneta Markets
| Broker | AvaTrade | Moneta Markets |
|---|---|---|
| Rating | 4.7/5 | 4.4/5 |
| Foundation Year | 2005 | 2020 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | South Africa, Seychelles |
| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:400 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | AvaTrade Review | Moneta Markets Review |
AvaTrade is suitable for traders who value various instruments, copy trading services, and a user-friendly mobile version of trading platforms.
Moneta Markets is suitable for active traders and investors who value low spreads, a wide variety of instruments, and modern platforms with copy-trading functionality.
AvaTrade Review
AvaTrade is ideal for traders looking for various trading tools and a high level of investment protection. Beginners will be comfortable with the intuitive interface of the AvaTradeGO mobile platform, while experienced traders will appreciate the depth of MetaTrader's customization and analytical tools. However, traders who need access to STP or ECN accounts should pay attention to other brokerage companies.
Pros and Cons of AvaTrade
Pros
- A wide selection of financial assets.
- Innovative trading platforms.
- Highly rated educational resources.
Cons
- Limited trading account options.
- Account inactivity fee.
AvaTrade is in the top 10 of the following ratings:
Moneta Markets Review
Moneta Markets is a modern broker offering a full range of Forex and CFD services. It facilitates both self-directed trading and copy-trading investments.
Traders benefit from multiple account types featuring low spreads, permitted scalping, and fast execution. This stable technical platform is bolstered by regular analytics, valuable services, and swift withdrawals.
Pros and Cons of Moneta Markets
Pros
- Wide selection of instruments.
- Modern trading platforms.
- High order execution speed.
- Attractive ECN account conditions.
Cons
- A deposit of at least $500 is required to access the educational course and advanced analytical tools.
Reliability
| Broker | AvaTrade | Moneta Markets |
|---|---|---|
| Reliability | 5/5 | 4/5 |
| Foundation Year | 2005 | 2020 |
| Regulated in Countries | Ireland, British Virgin Islands, Australia, South Africa, Japan, United Arab Emirates, Israel, Canada | South Africa, Seychelles |
| Regulators | Central Bank of Ireland Central Bank of Ireland KNF KNF FCA FCA BVIFSC BVIFSC ASIC ASIC FSCA FSCA JFSA JFSA JFFA JFFA FSRA FSRA ISA ISA CIRO CIRO | FSCA FSCA SFSA SFSA - |
AvaTrade
AvaTrade is regulated in various countries by several leading financial regulators, providing high reliability.
Moneta Markets
Moneta Markets has moderate reliability due to regulation by FSCA (South Africa) and FSA (Seychelles). The company is trustworthy, but the lack of top-tier licenses reduces the guarantees.
Pros
- Segregated accounts
- Negative balance protection
- Good Tier-1 liquidity
Cons
- No top-tier licenses (EU, ASIC)
Account Opening
| Broker | AvaTrade | Moneta Markets |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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AvaTrade
The broker offers clients from different countries a straightforward, convenient, and quick account opening process.
Moneta Markets
The registration and account opening process at Moneta Markets is quick, intuitive, and fully online. Even beginners will find it suitable thanks to the low entry threshold and straightforward verification requirements.
Pros
- Simple online registration
- Fast verification
- Minimum deposit of only $50
Account Types
| Broker | AvaTrade | Moneta Markets |
|---|---|---|
| Account Types | 3.5/5 | 4.5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0.6 points | from 0 points |
| Max Leverage | 1:400 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
AvaTrade
AvaTrade has a decent trading account, but the absence of some critical options may not satisfy all trader needs.
Pros
- A free demo account is available.
- An Islamic account option is provided.
- The ability to copy trades.
Cons
- Lack of market execution of orders.
- No cent accounts.
- No fixed spread accounts.
Moneta Markets
Moneta Markets offers a variety of trading accounts with favorable conditions for traders at different levels.
Pros
- ECN and STP accounts
- Copy-trading available
- VPS support
Cons
- No cent accounts
Commissions
| Broker | AvaTrade | Moneta Markets |
|---|---|---|
| Commissions | 4.5/5 | 4.2/5 |
| Spread | from 0.6 points | from 0 points |
| Average Spread (EURUSD) | 0.9 | 1.3 |
| Commission per Lot | $3 |
AvaTrade
AvaTrade offers relatively low commissions with its competitive spreads and no charges for deposits/withdrawals.
Pros
- Low spreads.
- No deposit/withdrawal fees.
Cons
- Inactivity fee.
Moneta Markets
Moneta Markets delivers competitive trading conditions thanks to tight spreads and transparent commissions.
Pros
- No deposit/withdrawal fees
- Cashback program
- Tight spreads
Deposit and Withdrawal
| Broker | AvaTrade | Moneta Markets |
|---|---|---|
| Rating | 4.2/5 | 4.3/5 |
| Account Funding Methods |
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AvaTrade
AvaTrade provides flexible and accessible methods for depositing and withdrawing funds, though processing times can be extended.
Pros
- Multiple methods for deposit and withdrawal.
- No commission on deposits and withdrawals.
- AvaTrade covers up to $100 of the bank transfer fee.
Cons
- Long processing time for bank transfers.
Moneta Markets
Moneta Markets provides convenient and fast deposit and withdrawal methods with no broker commissions, though the absence of popular e-wallets reduces convenience for some clients.
Pros
- No broker commission
- Fast funding
- Cryptocurrency available
Cons
- Skrill and Neteller not supported
- Limited choice of e-wallets
Markets and Products
| Broker | AvaTrade | Moneta Markets |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 53 | 48 |
| Precious Metals | 7 | 5 |
| Energy Carriers | 5 | 6 |
| Soft Commodities | 7 | 5 |
| Indices | 46 | 23 |
| Stocks | 614 | 830 |
| ETF | 61 | 57 |
| Bonds | 2 | 7 |
| Cryptocurrency | 20 | 57 |
AvaTrade
AvaTrade offers various financial instruments, including currency pairs, CFDs, stocks, ETFs, bonds, cryptocurrencies, etc.
Moneta Markets
Moneta Markets offers an extensive range of trading instruments, enabling diversified investing from a single account.
Pros
- Over 1000 instruments
- One account for all assets
- High leverage up to 1:1000
Trading Platforms
| Broker | AvaTrade | Moneta Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Trading Platforms |
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AvaTrade
AvaTrade provides various trading platforms: MetaTrader 4 and 5, WebTrader, and AvaTradeGO, giving traders flexibility in choosing the right tool for their trading strategies.
Moneta Markets
Moneta Markets provides an excellent set of platforms for any trading need, from the classic MetaTrader to the user-friendly PRO Trader.
Pros
- MT4/MT5 available
- Convenient PRO Trader web platform
- Mobile app with trade copying
Analytics
| Broker | AvaTrade | Moneta Markets |
|---|---|---|
| Rating | 5/5 | 4/5 |
AvaTrade
The broker provides good market analysis tools.
Pros
- Collaboration with Trading Central.
- Economic calendar.
- Trader's calculator.
Moneta Markets
Moneta Markets provides high-quality, diverse analytics, including unique AI solutions. However, some valuable services are only available after a deposit of $500.
Pros
- Helpful Trading Central and Market Buzz tools
- Regular video analytics and reviews
- Built-in calculators and sentiment indicators
Cons
- Trading Central is only available with a deposit of $500 or more
- No in-depth macroeconomic reports
Education
| Broker | AvaTrade | Moneta Markets |
|---|---|---|
| Rating | 5/5 | 3.5/5 |
AvaTrade
AvaTrade offers quality video tutorials and articles for traders of all levels.
Pros
- Quality materials.
- Educational resources available on the AvaTrade site.
Moneta Markets
Market Masters educational materials are high-quality, but full access requires a deposit of $500 or more.
Pros
- Quality Market Masters course
- Unlimited demo account
Cons
- Course only available from $500
- Limited amount of free materials
- No webinars
Customer Support
| Broker | AvaTrade | Moneta Markets |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Whatsapp
Facebook
Instagram
Twitter
LinkedIn
YouTubeAvaTrade
The broker's technical support offers various channels of communication and 24/7 availability.
Moneta Markets
Moneta Markets support is available around the clock and quickly resolves customer issues.
Pros
- 24/7 operation
- Fast responses in live chat
- Knowledgeable specialists
