Moneta Markets vs Roboforex 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 Roboforex
| Broker | Moneta Markets | Roboforex |
|---|---|---|
| Rating | 4.4/5 | 4.4/5 |
| Foundation Year | 2020 | 2009 |
| Regulated in Countries | South Africa, Seychelles | Belize |
| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:2000 |
| Trading Assets (CFDs) |
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| Trading Platforms |
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| Review | Moneta Markets Review | Roboforex 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.
Roboforex is suitable for both beginners and professional traders, thanks to its impeccable reputation, reliability, and fair conditions.
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.
Roboforex Review
RoboForex is recognized as one of the few Forex brokers with an impeccable reputation. The company strictly adheres to its regulations, does not delay payments, and provides fair quotes. RoboForex can be a good choice for both novice and professional traders due to its robust offerings, which include a variety of trading instruments, account types, platforms, and competitive trading conditions. The broker's commitment to transparency and customer service further solidifies its standing in the Forex community.
Pros and Cons of Roboforex
Pros
- A variety of trading platforms.
- Over 12,000 trading assets.
- Different types of trading accounts.
- Competent 24/7 customer support.
- Loyalty programs and bonus offers for clients.
- Low spreads and fees.
Cons
- Regulation in an offshore jurisdiction.
- Beginner traders may find a lack of educational materials.
Roboforex is in the top 10 of the following ratings:
Reliability
| Broker | Moneta Markets | Roboforex |
|---|---|---|
| Reliability | 4/5 | 3.6/5 |
| Foundation Year | 2020 | 2009 |
| Regulated in Countries | South Africa, Seychelles | Belize |
| Regulators | FSCA FSCA SFSA SFSA - | BFSC BFSC |
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)
Roboforex
RoboForex, as a regulated broker, offers a high degree of client protection and compliance with standards.
Pros
- Regulated by the Financial Services Commission (FSC).
- Participation in The Financial Commission's Compensation Fund.
- Civil Liability Insurance Program in place.
Cons
- Lacks oversight from stricter regulators such as the FCA, ASIC or CFTC.
Account Opening
| Broker | Moneta Markets | Roboforex |
|---|---|---|
| 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
Roboforex
Registration on the RoboForex website is quick and uncomplicated. A notable advantage is the option to select the type of account right at registration, which is beneficial for those who already know they want to trade on a live account.
Account Types
| Broker | Moneta Markets | Roboforex |
|---|---|---|
| Account Types | 4.5/5 | 4.8/5 |
| Trading Accounts |
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| Minimum Deposit |
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| Spread | from 0 points | from 0 points |
| Max Leverage | 1:1000 | 1:2000 |
| 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
Roboforex
RoboForex accounts offer sufficiently diverse trading conditions to meet the needs of various trader categories, from beginners to professionals who prefer investing.
Pros
- Availability of ECN and cent accounts
- Access to VPS
- Regularly held contests
Cons
- Lack of fixed spread accounts
Commissions
| Broker | Moneta Markets | Roboforex |
|---|---|---|
| Commissions | 4.2/5 | 3.7/5 |
| Spread | from 0 points | from 0 points |
| Average Spread (EURUSD) | 1.3 | 1.4 |
| Commission per Lot | $3 | $2.16 |
Moneta Markets
Moneta Markets delivers competitive trading conditions thanks to tight spreads and transparent commissions.
Pros
- No deposit/withdrawal fees
- Cashback program
- Tight spreads
Roboforex
RoboForex boasts relatively low commissions, potentially appealing to a broad spectrum of traders.
Pros
- Low trading fees
- No inactivity fee
- No withdrawal fee
Cons
- High swaps.
Deposit and Withdrawal
| Broker | Moneta Markets | Roboforex |
|---|---|---|
| Rating | 4.3/5 | 5/5 |
| 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
Roboforex
A wide array of deposit and withdrawal methods, including bank transfers, credit cards, and electronic wallets, makes the process of funding and cashing out convenient and flexible for traders.
Pros
- Extensive deposit and withdrawal options
- No deposit and withdrawal fees
- Broker covers payment system commissions twice a month
Markets and Products
| Broker | Moneta Markets | Roboforex |
|---|---|---|
| Markets and Products | 5/5 | 5/5 |
| Forex | 48 | 33 |
| Precious Metals | 5 | 5 |
| Energy Carriers | 6 | 2 |
| Soft Commodities | 5 | 4 |
| Indices | 23 | 12 |
| Stocks | 830 | 8400 |
| ETF | 57 | 19 |
| Bonds | 7 | - |
| Cryptocurrency | 57 | - |
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
Roboforex
RoboForex offers an extensive range of trading instruments, with over 12,000 options available, impressively catering to traders' diverse needs. Traders have access to classic Forex instruments, CFDs, and even real stocks.
Trading Platforms
| Broker | Moneta Markets | Roboforex |
|---|---|---|
| Rating | 5/5 | 5/5 |
| 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
Roboforex
One of RoboForex's trump cards is the variety of trading platforms. With so many options, it can sometimes be challenging for a beginner to choose.
Analytics
| Broker | Moneta Markets | Roboforex |
|---|---|---|
| Rating | 4/5 | 5/5 |
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
Roboforex
RoboForex provides extensive analytical tools and materials, including an analytics center, market forecasts, an economic calendar, and a trading calculator.
Education
| Broker | Moneta Markets | Roboforex |
|---|---|---|
| Rating | 3.5/5 | 3.5/5 |
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
Roboforex
Despite some educational materials such as webinars, videos, and FAQ lists, it seems that RoboForex lacks some vital educational resources.
Pros
- Availability of webinars and video tutorials
Cons
- Lack of courses, seminars, and extensive articles
Customer Support
| Broker | Moneta Markets | Roboforex |
|---|---|---|
| Rating | 5/5 | 4.7/5 |
| Email Support |
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| Hotline Phones |
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| Social Media |
Facebook
Instagram
Twitter
LinkedIn
YouTube
Messenger
Telegram
Viber
Whatsapp
SkypeMoneta 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
Roboforex
RoboForex offers several communication methods, including online chat, email, and phone. The 24/7 online chat is convenient for clients in different time zones.
Pros
- Multiple support communication channels
- 24/7 customer support
- Telegram bot available
Cons
- Only international phone calls available
