Moneta Markets vs FXOpen
Moneta Markets or FXOpen – which is better for UK traders 2025? Compare Moneta Markets and FXOpen in this detailed breakdown of their platforms, features and fees.
Moneta Markets | FXOpen |
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Moneta Markets is ranked #91 among CFD brokers. | FXOpen is ranked #73 among CFD brokers. |
Moneta Markets has closed or no longer accepts UK clients.
Founded in 2019 and headquartered in Johannesburg, South Africa, Moneta Markets offers over 1000 instruments for short-term trading. New traders can choose between STP and ECN accounts while the smooth sign-up process has helped attract 70,000 registered traders. |
Established in 2005, FXOpen is a multi-regulated broker that has attracted over 1 million traders. Designed for active trading, it provides access to a growing selection of more than 700 markets and supports high-frequency trading, scalping, and all forms of algorithmic trading using expert advisors (EAs). |
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 | CFDs, Forex, Stocks, Indices, Commodities, Crypto, ETFs |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$50 | $100 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
ASIC, FSCA, FSA | FCA, CySEC, FC |
Mobile Apps | |
iOS & Android | iOS & Android |
Trading App | |
Moneta Markets supports the MT4 and MT5 applications but has stepped up its game by introducing a proprietary AppTrader. Powered by TradingView, it has a strong focus on technical analysis. It also sports a more intuitive interface and comprehensive functionality, including full-screen chart viewing and an integrated news stream. The added advantage is straightforward account management, allowing you to deposit, withdraw and access 24/7 chat support directly in the app. |
The FXOpen Trading App is a user-friendly mobile app for trading 700+ global markets. With real-time data, level 2 pricing, live charts, and financial news, it’s been refined over the years to deliver one of the highest Android app store ratings we’ve seen – a testament to its top-notch user experience. |
iOS App Rating | |
Android App Rating | |
Margin Trading | |
Yes | Yes |
MetaTrader 4 | |
Yes | Yes |
MetaTrader 5 | |
Yes | Yes |
cTrader | |
No | No |
AlgoTrader | |
No | No |
OmniTrader | |
No | No |
TradingView | |
No | Yes |
Autochartist | |
No | No |
eSignal | |
No | No |
Trading Central | |
Yes | No |
STP Account | |
Yes | Yes |
ECN Account | |
Yes | Yes |
DMA Account | |
No | Yes |
MAM Account | |
No | No |
PAMM Account | |
Yes | Yes |
LAMM Account | |
No | No |
Demat Account | |
No | No |
AI / Machine Learning | |
No | No |
Robo Advisor | |
No | No |
Negative Balance Protection | |
Yes | Yes |
Market Maker | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
No | No |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Expert Advisors (EAs) on MetaTrader |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Moneta Markets is one of few brokers that offers its own social trading service, allowing clients to engage in copy trading through its user-friendly CopyTrader app. This easy-to-use solution lets beginner traders select and follow seasoned traders, accessing real-time performance statistics. Moneta Markets also offers ZuluTrade, a respected social and copy trading platform. | FXOpen’s PAMM Copy Trading service empowers investors to mirror the strategies of experienced traders, offering a transparent, performance-driven model that combines flexibility, automated profit-sharing, and account oversight. |
Social Trading | |
Yes | No |
Trade Signals | |
Yes | Yes |
VPS Hosting | |
Yes | Yes |
Tournaments | |
No | Yes |
Demo Competitions | |
No | Yes |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$0 | $10 |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
CFD traders have the opportunity to speculate on short-term movements across a wide range of assets, including forex, stocks, indices, commodities, bonds, and ETFs. Where Moneta Markets stands out is its high leverage up to 1:1000 for seasoned traders, though this seriously amplifies the risk of large losses for inexperienced investors. | FXOpen has a compelling CFD offering, complete with 700+ underlying assets, from shares and indices to currencies, commodities, cryptos, and an expanded range of ETFs. With access to top-tier tools, especially since adding TradingView in 2022 and improving its TickTrader platform, FXOpen provides a complete CFD trading experience. |
Leverage | |
1:1000 | 1:30 (EU, UK), 1:1000 (Global) |
FTSE Spread | |
13.33 | 0.7 |
GBPUSD Spread< | |
0.56 | 0.4 |
Oil Spread | |
2.90 | 0.04 |
Stocks Spread | |
0.3 | 0.40 (Apple) |
Forex | |
Moneta Markets provides an extensive selection of over 45 forex pairs, featuring leverage ratios that surpass those offered by the vast majority of brokers, reaching up to 1:1000. The HokoCloud VPS can also enhance automated forex trading strategies and is free if you deposit $500 and trade 5 forex lots per month. | |
Assets | |
45+ | 50+ |
GBPUSD Spread | |
0.56 | 0.4 |
EURUSD Spread | |
0.26 | 0.2 |
EURGBP Spread | |
0.36 | 0.5 |
Currency Indices | |
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Cryptocurrency | |
Moneta Markets supports trading on popular cryptos against the USD with 1:5 leverage. Moneta Markets also enhanced its crypto offering in 2024 with 6 ETFs that provide exposure to digital currencies. However, tokens can be traded as CFDs only - they cannot be directly bought and sold. Also, average spreads on Bitcoin trail the cheapest crypto brokers. | FXOpen offers over 40 crypto CFDs, including crypto-only pairs, as well as tokens paired with fiat currencies such as GBP, USD and JPY. You can trade crypto CFDs with 1:2 leverage and choose between three order types (market, limit, and stop) with scripts also available to auto trade crypto. |
Spread | |
230.81 (Bitcoin) | 9.0 (BTC) |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Moneta Markets | FXOpen |
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