Page Summary
XM Group and Moneta Markets are top brokerage firms. XM Group is a trustworthy MetaTrader broker with straightforward platforms and tools. It has top-tier licenses from the ASIC, FCA, CySEC, and IFSC. XM provides access to leading educational content. It is an excellent choice for beginner investors who want to improve their trading skills and knowledge.
Moneta Markets is a professional forex and CFD broker with access to the MetaTrader suite. It has top-tier licenses from the FCA and ASIC. Moneta Markets has professional trading tools and some educational materials. We recommend it for traders of all levels of experience.
This article discusses the advantages and disadvantages of XM Group and Moneta Markets.
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XM
Moneta Markets
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:888 | 500:1 |
| MetaTrader 4 (MT4) | ||
| MetaTrader 5 (MT5) | ||
| Mobile Version | ||
| Mutual Fund Management | ||
| Proprietary Platform | ||
| Social/Copy Trading | ||
| Trading Alerts | ||
| Trading signals | ||
| Watchlist | ||
| Web Version |
Fees
| Withdrawal Fee | 0 | 0 |
| Deposit Fee | 0 | 0 |
| Inactivity Fee | 0 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 1.6 pips | 0.4 pips |
| Stocks & ETF | 0,1% – (min $5) | 2.7 pips |
| CFD (Gold) | 3 pips | 2.7 pips |
| Crypto | 0 | |
| Options | 0 | 0 |
| Conversion Fees | 0 | 0 |
| Misc. Fees | 0 | 0 |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $5 | $50 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 100 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| Forex Instruments | 55 | 44 |
| CFD Indices & Funds | 14 | 16 |
| CFD Stocks | 1286 | 226 |
| CFD Commodities | 14 | 19 |
| CFD Crypto | 5 | 16 |
| CFD Bonds | 0 | 0 |
| Binary Options | 0 | 0 |
| SWAPS | 0 | 0 |
| Saving Plans | 0 | 0 |
Research & Education
| Webinars | ||
| Educational Resources | ||
| Daily News Updates | ||
| Market Indepth Analysis | ||
| Pers. Training & Room | ||
| Market Research |
Customer Support
| Phone | ||
| Live Chat | ||
| 24/7 support | ||
| Multilingual | ||
| Personal Account Manager |
Winner
Top findings from the XM Group vs. Moneta Markets review:
- XM Group offers beginner-friendly platforms with valuable tools and tutorials.
- Moneta Markets offers low-cost trading fees and professional trading tools.
- Both brokers offer a virtual trading account to test their offering.
XM Group is a good choice for new traders who want access to valuable trading information. We recommend Moneta Markets for professional investors, as it has competitive prices and professional tools.
Level of experience
Beginner investors choose XM Group over Moneta Markets. XM offers an impressive trading experience with beginner-friendly platforms and tools. It offers investor trading support and valuable learning tools. This broker provides access to a virtual trading account to test its services.
Moneta Markets offers a smooth trading experience with the WebTrader app and MetaTrader suite. It has straightforward platforms with some educational materials. We recommend Moneta Markets for professional traders, as it has premium services and advanced trading videos.
Fees
The minimum deposit fee at XM Group ranges between $5 and $100, depending on the brokerage account you opt for. Moneta Markets has a deposit fee of $50. The average EUR/USD spread at XM is 1.6, while at Moneta Markets is 1.36.
Assets
XM Group has 57 forex currency pairs, while Moneta Markets offers 45 pairs. XM has 1372 CFDs, while Moneta Markets has 266 available CFDs.
Trading platform
XM Group doesn’t have a proprietary platform, but it offers access to the full MetaTrader suite. The MT4 and MT5 suites are highly customizable and user-friendly. XM has an excellent research and learning center with articles, charting, and trading signals. This broker offers diverse educational content, which is why it is a good fit for new investors.
Moneta Markets has MT4, MT5, and the WebTrader App. The MetaTrader suite is versatile and has many trading and research tools. The WebTrader app is easy to learn, but it has many professional tools. We recommend Moneta Markets for traders at all levels who want to improve their trading knowledge.
Banking services
Banking services add up to a good online trading experience. XM offers many funding solutions, including bank wire, credit/debit cards, and Skrill. Moneta Markets has bank transfers and credit/debit cards.
Final verdict
XM Group and Moneta Markets are top brokerage firms with excellent trading experiences. Both brokers have advantages and disadvantages, depending on your trading skills and experience. We recommend XM Group for new traders, as it has a diverse educational center. Moneta Markets is a better fit for professionals because it offers premium trading tools.
XM compared to other brokers:
XM review