Moneta Markets vs Freetrade
Moneta Markets or Freetrade – which is better for UK traders 2024? Compare Moneta Markets and Freetrade in this detailed breakdown of their platforms, features and fees.
Moneta Markets | Freetrade |
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Moneta Markets is ranked #97 among CFD brokers. | Freetrade is ranked #63 among UK brokers. |
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. |
Freetrade is a London-headquartered investing platform that offers zero-commission trading on thousands of UK, European and US stocks and ETFs through a beginner-friendly platform. Open a standard investment account, a self-invested pension or a stocks and shares ISA and start building a portfolio from as little as £2. |
Pros | |
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Cons | |
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Awards | |
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FCA Regulated | |
No | Yes |
Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto | Stocks, ETFs |
Demo Account | |
Yes | No |
Minimum Deposit | |
$50 | $0 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | £2 |
Regulator | |
FSCA, ASIC, FSA | FCA |
Mobile Apps | |
iOS & Android | Yes |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | No |
MetaTrader 4 | |
Yes | No |
MetaTrader 5 | |
Yes | No |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
Yes | No |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
Yes | No |
STP Account | |
Yes | No |
ECN Account | |
Yes | No |
DMA Account | |
No | No |
MAM Account | |
No | No |
PAMM Account | |
Yes | No |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | No |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | |
Copy Trading | |
Yes | No |
Copy Trading Platform | |
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 | No |
Trade Signals | |
Yes | |
VPS Hosting | |
Yes | No |
Tournaments | |
No | No |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
Yes | No |
Account Currencies | |
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Commodities | |
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CFD | |
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 | |
1:1000 | |
FTSE Spread | |
13.33 | |
GBPUSD Spread< | |
0.56 | |
Oil Spread | |
2.90 | |
Stocks Spread | |
0.3 | |
Forex | |
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 | |
45+ | |
GBPUSD Spread | |
0.56 | |
EURUSD Spread | |
0.26 | |
EURGBP Spread | |
0.36 | |
Moneta Markets | Freetrade |
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