Moneta Markets vs FTX

Moneta Markets or FTX – which is better for UK traders 2024? Compare Moneta Markets and FTX in this detailed breakdown of their platforms, features and fees.

Moneta Markets vs FTX Comparison Table 2024
Moneta Markets FTX
rating empty
rating full
4.4
rating empty
rating full
0.3
Moneta Markets is ranked #97 among CFD brokers. FTX is ranked #83 among crypto 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.
FTX and FTX US has filed for Chapter 11 bankruptcy. We strongly advise against making any deposits. The FTX platform has been hacked. A warning has ben issued that the website, platform and app might be infected by trojan malware. We recommend that you refrain from using them.
FTX is a cryptocurrency exchange that offered a vast array of derivatives products and digital tokens. However, the company collapsed and filed for bankruptcy on November 11, 2022 after a wave of withdrawals revealed that the firm has mismanaged client funds and did not have sufficient liquidity.
Pros
  • Traders can access ECN and STP trading accounts with competitive pricing and zero commissions on US shares
  • Moneta Markets is a reputable broker regulated by the ASIC, FSCA and FSA
  • There's an excellent product portfolio for traders with over 1000 assets
  • Award-winning customer support is available 24/7 via multiple channels
  • There's an easy-to-use CopyTrader app for social investors
  • Access to top-tier charting platforms including MetaTrader 4 and MetaTrader 5
  • The $50 minimum deposit is very accessible for beginners
  • Very high leverage is available up to 1:1000 for experienced investors
  • Lower fees than most other cryptocurrency exchanges, thanks to its tiered system
  • An official mobile app is available on both Android and iOS
  • Built-in automated trading through Quant Zone
  • Ability to stake in the exchange using FTT
Cons
  • You have to deposit $500 to access the best educational materials
  • The broker's offshore regulation weakens legal safeguards for some traders
  • The demo account expires after only one month
  • Major safety and security concerns - you should not deposit with this firm
  • Limited options for currency withdrawals compared to other exchanges
  • Country restrictions apply to US citizens
  • No demo account available
  • Withdrawal problems
Awards
  • 10 Best Companies To Watch 2021
  • Best Forex Broker For Beginners 2021
  • Best Forex Broker For Professionals 2021
  • Most Advanced CFD Trading Platform 2020
FCA Regulated
No No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Crypto Cryptos, Futures, Options
Demo Account
Yes No
Minimum Deposit
$50 $1
Payment Methods
Minimum Trade
0.01 Lots $1
Regulator
FSCA, ASIC, FSA
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
rating empty
rating full
5
rating empty
Android App Rating
rating empty
rating full
4.4
rating empty
Margin Trading
Yes Yes
MetaTrader 4
Yes No
MetaTrader 5
Yes No
cTrader
No No
AlgoTrader
No Yes
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 Yes
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
  • USD
  • EUR
  • GBP
  • CAD
  • NZD
  • JPY
  • HKD
  • SGD
  • BRL
Commodities
  • Gold
  • Silver
  • Oil
  • Gasoline
  • Copper
  • Cocoa
  • Coffee
  • Cotton
  • Sugar
  • Natural Gas
  • Orange Juice
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
Cryptocurrency
Trade dozens of popular cryptos against the USD with 1:5 leverage. Digital currencies can be traded as CFDs only - they cannot be directly bought and sold. Moneta Markets also enhanced its crypto offering in 2024 with 6 ETFs that provide exposure to digital currencies. FTX supports crypto trading on hundreds of major tokens by way of spot trades and derivatives contracts. This includes access to popular cryptos like Bitcoin, Ethereum and Litecoin.
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • DSH
  • LTC
  • ETH
  • XRP
  • BTC
  • ETH
  • SOL
  • FTT
  • USDT
  • MATIC
  • BNB
  • XRP
  • DOGE
  • SRM
  • LINK
  • LTC
  • FTM
  • SUSHI
  • RAY
  • UNI
  • STEP
  • AAVE
  • AGLD
Crypto Lending
No Yes
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No Yes
Moneta Markets FTX
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