Moneta Markets vs NordFX 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 Moneta Markets and NordFX
| Broker | Moneta Markets | NordFX |
|---|---|---|
| Rating | 4.4/5 | 3.5/5 |
| Foundation Year | 2020 | 2008 |
| Regulated in Countries | South Africa, Seychelles | — |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Moneta Markets Review | NordFX Review |
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.
NordFX suits traders who prefer MetaTrader 4 and value various analytical tools. It is perfect for those who prioritize individual support and tight spreads.
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.
NordFX Review
NordFX is a broker with various trading accounts and conditions, making it attractive for different categories of traders — from beginners to professionals. Tight spreads and analytical tools are backed by good technical support, which is a significant plus.
NordFX is suitable for traders who prefer to use MetaTrader 4 and who do not require a wide range of CFDs or alternative trading platforms. This broker is perfect for those seeking diverse market analysis options and personalized support.
Pros and Cons of NordFX
Pros
- Diversity of trading accounts and services.
- Tight spreads.
- Wide range of deposit and withdrawal methods.
- Extensive set of analytical tools.
- Good customer support.
Cons
- Lack of regulation.
- High commission on Zero account.
- Long withdrawal request processing time.
- Lack of soft commodities and limited overall number of CFDs.
- There are no alternatives to MT4.
NordFX is in the top 10 of the following ratings:
Reliability
| Broker | Moneta Markets | NordFX |
|---|---|---|
| Reliability | 4/5 | 2/5 |
| Foundation Year | 2020 | 2008 |
| Regulated in Countries | South Africa, Seychelles | — |
| Regulators | FSCA FSCA SFSA SFSA - | - |
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)
NordFX
NordFX holds legal registration, but the lack of regulation diminishes its reliability, which is crucial for protecting client interests.
Account Opening
| Broker | Moneta Markets | NordFX |
|---|---|---|
| Account Opening | 5/5 | 5/5 |
| Minimum Deposit |
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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
NordFX
Registration is simple and intuitive, with minimal requirements to start trading. Verification, while mandatory, complies with international standards.
Account Types
| Broker | Moneta Markets | NordFX |
|---|---|---|
| Account Types | 4.5/5 | 5/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:1000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Demo Account | ||
| Swap-free Account |
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
NordFX
NordFX offers a wide range of account types and services.
Pros
- Flexible options for different traders.
- PAMM accounts and copy trading available.
- VPS available.
Cons
- Lack of cent accounts.
Commissions
| Broker | Moneta Markets | NordFX |
|---|---|---|
| Commissions | 4.2/5 | 2.5/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.3 | 1.2 |
| Commission per Lot | $3 | $3.5 |
Moneta Markets
Moneta Markets delivers competitive trading conditions thanks to tight spreads and transparent commissions.
Pros
- No deposit/withdrawal fees
- Cashback program
- Tight spreads
NordFX
NordFX's commission policy is quite flexible and offers various options for different types of traders.
Pros
- Flexible commission system suitable for different strategies.
- Tight spreads on the Pro account.
Cons
- Above-average transaction commission on the Zero account.
- Inactivity fee.
- High swaps.
Deposit and Withdrawal
| Broker | Moneta Markets | NordFX |
|---|---|---|
| Rating | 4.3/5 | 4/5 |
| Account Funding Methods |
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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
NordFX
NordFX offers a wide range of methods for depositing and withdrawing funds, including cryptocurrencies. Most transactions are processed quickly, but withdrawal times can take up to 5 business days.
Pros
- Numerous available deposit methods.
- Competitive commissions.
- Instant account funding.
Cons
- Withdrawal time up to 5 business days.
- Withdrawal only by the same method as deposit.
- Verification required for fund withdrawal.
Markets and Products
| Broker | Moneta Markets | NordFX |
|---|---|---|
| Markets and Products | 5/5 | 4/5 |
| Forex | 48 | 33 |
| Precious Metals | 5 | 2 |
| Energy Carriers | 6 | 3 |
| Soft Commodities | 5 | - |
| Indices | 23 | 4 |
| Stocks | 830 | 68 |
| ETF | 57 | - |
| Bonds | 7 | - |
| Cryptocurrency | 57 | 15 |
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
NordFX
NordFX offers a variety of markets, including currencies, metals, and cryptocurrencies. However, the selection is limited compared to competitors, especially in terms of CFDs and the lack of soft commodities.
Pros
- Diversity of asset classes.
- Access to 15 cryptocurrencies.
Cons
- Lack of soft commodities.
- Limited number of CFDs.
Trading Platforms
| Broker | Moneta Markets | NordFX |
|---|---|---|
| Rating | 5/5 | 3/5 |
| Trading Platforms |
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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
NordFX
NordFX provides the MetaTrader 4 platform, which is reliable and feature-rich. The platform is available on various devices, including MultiTerminal for managing multiple accounts.
Pros
- Reliable and proven MT4 platform.
- Desktop and mobile versions available.
- MultiTerminal for managing multiple accounts.
Cons
- Lack of a web-based platform.
- Limited choice of trading platforms.
Analytics
| Broker | Moneta Markets | NordFX |
|---|---|---|
| Rating | 4/5 | 4/5 |
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
NordFX
NordFX boasts strong analytics. A variety of tools are offered: weekly forecasts, economic calendar, trader's calculator.
Pros
- Weekly forecasts for Forex and cryptocurrencies.
- Economic calendar.
- Convenient calculator for estimating potential profits.
Cons
- Lack of trading signals.
- Insufficient analytics from company experts.
- Limited selection of analytical materials.
Education
| Broker | Moneta Markets | NordFX |
|---|---|---|
| Rating | 3.5/5 | 4/5 |
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
NordFX
The broker offers a variety of video and audio courses, as well as useful articles in the blog, which is a plus for self-directed trader education.
Pros
- Variety of formats: video, audio, articles.
- Materials for different skill levels.
- Regular blog publications.
Cons
- Lack of webinars.
- No seminars or master classes.
- No personalized training.
Customer Support
| Broker | Moneta Markets | NordFX |
|---|---|---|
| Rating | 5/5 | 5/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Instagram
Twitter
LinkedIn
YouTube
Pinterest
TelegramMoneta 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
NordFX
NordFX technical support deserves high praise for the variety of communication channels and the effectiveness of the solutions provided. Client reviews highlight the high level of service.
Pros
- 24/7 availability.
- Multiple communication channels: live chat, email, phone.
- High level of staff professionalism.
