Moneta Markets vs Trading212
Moneta Markets or Trading212 – which is better for UK traders 2024? Compare Moneta Markets and Trading212 in this detailed breakdown of their platforms, features and fees.
| Moneta Markets | Trading212 |
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| Moneta Markets is ranked #92 among CFD brokers. | Trading212 is ranked #91 among CFD brokers. |
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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. |
Trading 212 is a European and UK-regulated CFD broker that also offers stock investing and ISAs. It’s best known for its commission-free trading model and beginner-friendly app, which has helped it attract 2.5 million users and £3.5 billion in client assets. |
| 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, ETFs |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $50 | $1 |
| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, FSCA, FSA | FCA, CySEC, FSC |
| 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. |
Trading212 have positioned themselves at the front of the mobile trading movement. Their platform is based on a ‘mobile-first’ model, so they prioritize this type of trader. The app offers 1800+ instruments, zero commissions and a free practise account. Download the app risk free and try it out.
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| iOS App Rating | |
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| Android App Rating | |
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| Margin Trading | |
| Yes | Yes |
| MetaTrader 4 | |
| Yes | No |
| MetaTrader 5 | |
| Yes | No |
| cTrader | |
| No | No |
| AlgoTrader | |
| No | No |
| OmniTrader | |
| No | No |
| TradingView | |
| No | No |
| Autochartist | |
| No | No |
| eSignal | |
| No | No |
| Trading Central | |
| Yes | No |
| STP Account | |
| Yes | Yes |
| 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 | Yes |
| Market Maker | |
| No | Yes |
| P2P Trading | |
| No | No |
| Spot Trading | |
| No | No |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | AutoInvest Portfolio |
| Copy Trading | |
| Yes | No |
| 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. | |
| Social Trading | |
| Yes | Yes |
| Trade Signals | |
| Yes | |
| VPS Hosting | |
| Yes | No |
| Tournaments | |
| No | No |
| Demo Competitions | |
| No | No |
| Ethical Investing | |
| No | Yes |
| 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 | |
| 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. | Engage in leveraged CFD trading across a wide array of instruments, encompassing forex, stocks, commodities, and indices. Yet while the selection of asset classes is satisfactory, the charting software and floating spreads for short-term traders fall behind that of competitors. |
| Leverage | |
| 1:1000 | 1:30 |
| FTSE Spread | |
| 13.33 | 2.5 |
| GBPUSD Spread< | |
| 0.56 | 0.00028 |
| Oil Spread | |
| 2.90 | 0.4 |
| Stocks Spread | |
| 0.3 | 0.2% Var |
| 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. | Trade over 180 major, minor, and exotic forex pairs on the Trading 212 platform, featuring floating spreads and leverage up to 1:30. It’s important to note, though, that the forex broker has a history of adjusting margin requirements without providing adequate notice. As a result, CMC Markets is a better pick for forex traders with more currency pairs and a cleaner record. |
| Assets | |
| 45+ | 180+ |
| GBPUSD Spread | |
| 0.56 | 0.00028 |
| EURUSD Spread | |
| 0.26 | 0.00015 |
| EURGBP Spread | |
| 0.36 | 0.00044 |
| Currency Indices | |
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| Moneta Markets | Trading212 |
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