IronFX vs Moneta Markets
IronFX or Moneta Markets – which is better for UK traders 2024? Compare IronFX and Moneta Markets in this detailed breakdown of their platforms, features and fees.
IronFX | Moneta Markets |
---|---|
IronFX is ranked #42 among CFD brokers. | Moneta Markets is ranked #97 among CFD brokers. |
IronFX is a multi-regulated forex and CFD broker founded in 2010. This award-winning firm offers 500+ markets to over 1.5 million clients across 180 countries. Traders can access various account types with competitive pricing on the MT4 platform, as well as 24/5 customer support in 30 languages. |
Moneta Markets has closed or no longer accepts UK clients.
Moneta Markets is a regulated multi-asset broker offering an excellent suite of 1000+ short-term instruments. There are no deposit fees and the minimum deposit is accessible at $50. The account opening process is also straightforward, taking just a few minutes to sign up and start trading. More than 70,000 traders have signed up with the ASIC, FSCA and FSA-regulated brokerage. |
Pros | |
|
|
Cons | |
|
|
Awards | |
|
|
FCA Regulated | |
Yes | No |
Instruments | |
Forex, Indices, Shares, Futures, Commodities, Metals (all CFDs) | CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $50 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
CySEC, FCA, FSCA, BMA / Bermuda | FSCA, ASIC, FSA |
Mobile Apps | |
Android, iOS, WebTrader | iOS & Android |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
No | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | Yes |
Autochartist | |
Yes | No |
eSignal | |
No | No |
Trading Central | |
Yes | Yes |
STP Account | |
Yes | Yes |
ECN Account | |
Yes | Yes |
DMA Account | |
No | No |
MAM Account | |
Yes | No |
PAMM Account | |
Yes | Yes |
LAMM Account | |
Yes | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
Yes | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | No |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
The TradeCopier service allows aspiring investors to copy the strategies of top traders in real-time. The tool is a great way for beginners to learn from more experienced investors, whilst strategy providers can earn performance fees. | Moneta Markets offers copy trading on its CopyTrader app and ZuluTrade. Both solutions allow clients to hand pick and follow experienced traders with real-time performance statistics and thousands of signal providers. |
Social Trading | |
Yes | Yes |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
Yes | Yes |
Tournaments | |
Yes | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
3% | $0 |
Islamic Account | |
Yes | Yes |
Account Currencies | |
|
|
Commodities | |
|
|
CFD | |
IronFX’s asset list of 300+ instruments covers forex, stocks, commodities and index CFDs. Maximum leverage from 1:30 to 1:1000 is available depending on account location. Traders can access superb technical analysis features, including 30 pre-integrated indicators and 9 charting time frames. | Moneta Markets clients can speculate on the direction of hundreds of assets covering forex, stocks, indices, commodities, bonds, cryptos and ETFs. Fees are transparent and there are no hidden charges. |
Leverage | |
1:30 (FCA), 1:30 (CySEC), 1:500 (FSCA), 1:1000 (BM) | 1:1000 |
FTSE Spread | |
140 | 13.33 |
GBPUSD Spread< | |
0.8 | 0.56 |
Oil Spread | |
3 | 2.90 |
Stocks Spread | |
Variable | 0.3 |
Forex | |
IronFX continues to offer a strong selection of 80 currency pairs. You can trade through the market-leading MT4 platform with a range of forex market research tools. That said, commission charges in the zero-spread accounts are high, starting from $13.50 per lot. | Moneta Markets offers more than 45 forex pairs with higher leverage than most brokers, up to 1:1000. Spreads are also tight while the trading platforms offer advanced market analysis tools. |
Assets | |
80+ | 45+ |
GBPUSD Spread | |
0.8 | 0.56 |
EURUSD Spread | |
0.7 | 0.26 |
EURGBP Spread | |
0.9 | 0.36 |
IronFX | Moneta Markets |
More Comparisons | |
IronFX vs |
Moneta Markets vs |