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OANDA , MONETA MARKETS Broker Comparison

Do you want to know which is the better broker between OANDA and MONETA MARKETS ?

In the table below, you can compare the features of OANDA , MONETA MARKETS side by side to determine the best fit for your needs.

  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
  • Rating
  • Basic Information
  • Trading Env.
  • Account Info
  • Related News
  • Relevant Exposures
 2 / 3  forex brokers comparison in total
Rating
Score
Regulatory Status
WikiFX Guarantee
WikiFX Survey
Risk Evaluation
Exposure
Basic Information
Est. Date
Regulatory License
MT4
MT5
Crypto
Deposit/Withdrawal Methods
Trading Env.
Trading Environment Rating
Execution Speed
Trading Speed Rating
Average Execution Speed
Minimum Execution Latency
Minimum Open Latency
Minimum Close Latency
Maximum Execution Latency
Maximum Open Latency
Maximum Close Latency
Slippage
Slippage Rating
Average Slippage
Max Slippage
Maximum Positive Slippage
Maximum Negative Slippage
Trading Cost
Trading Cost Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Swap
Swap Rating
  • Average Trading Cost
  • (EURUSD)
  • Average Trading Cost
  • (XAUUSD)
Disconnection Instances
Disconnection Rating
Avg. Disconnection Frequency (/day)
Avg. Reconnection Time
Account Info
Accounts
Account Name
Trading Instruments
Minimum Deposit
Maximum Leverage
Typical Spread
Stop-Out Level
Spread Types
Minimum Trade Size
Crypto
Lock Position
Scalping
EA Trading
OANDA
8.34
Domestic Regulation
Under guarantee
20+ years
ASIC,FCA,FSA,NFA,CIRO,MAS,FSC
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
--
Premium Plus,Premium
--
S$100,000
--
--
0.00
--
--
--
MONETA MARKETS
7.11
Regulated
Under guarantee
5-10 years
FCA,FSCA,FSA
Unionpay,Fasapay,Credit Card,BTC,USDT,Wire transfer
AA
A
389.6
93
207
93
1547
1500
1547
A

EURUSD: -0.3

XAUUSD: 0.9

8
--
8
AA
9.29 USD/Lot
15.04 USD/Lot
AA

Long: -6.92

Short: 3.13

Long: -86.02

Short: 28.2

AA
0.2
58
PRIME ECN,ULTRA ECN,DIRECT STP
44 FX Pairs | 16 Indices, 19 Commodities | 700+ Share CFDs 50+ ETFs 7 Bonds
$50
1:1000
from 0.0
50.00
--
0.01
--

OANDA 、 MONETA MARKETS BrokerRelated News

OANDA 、 MONETA MARKETS BrokerRelevant Exposures

Which broker is more reliable?

To evaluate a broker's reliability and trustworthiness, consider the following four factors:

1.Forex broker introduction。

2.Do oanda and moneta-markets have lower transaction costs?

3.Which broker is safer?

4.Which broker offers the best trading platform?

Based on these four factors, we can compare which is reliable. We have broken down the reasons as follows:

Forex broker introduction

oanda
OANDA Broker Overview
FeatureDetails
Founded1996
Registered Country/RegionUnited States
RegulationASIC, FCA, FSA, NFA, CIRO, MAS
Market InstrumentsForex, Cryptocurrencies, Commodities, Indices
Demo AccountAvailable
LeverageUp to 50:1 for Forex, No leverage for Cryptos
SpreadFrom 0.1 pips (depending on account type)
Trading PlatformsOANDA Web Platform, MetaTrader 4, TradingView, Mobile Apps
Minimum DepositNo minimum deposit (Premium account requires USD 20,000 minimum)
Customer SupportOffice: 17 State Street, Suite 300, New York, NY 10004-1501

What Is OANDA?

OANDA is a global online trading platform that was established in 2001 and is registered in the United States. It is regulated by the Commodity Futures Trading Commission (CFTC) and the National Futures Association (NFA). OANDA provides trading services in a variety of markets, including Forex, cryptocurrencies, commodities, and indices.

The platform is widely recognized for its low spreads, user-friendly tools, and robust educational resources. These features make it suitable for both beginner and experienced traders. OANDA also offers demo accounts, allowing users to practice trading with virtual funds before trading with real money.

For Forex trading, OANDA provides flexible leverage options. Traders can access the platform through MetaTrader 4 (MT4), TradingView, or its own proprietary OANDA trading platform, giving them multiple options to execute their trades.

OANDA trading

Is OANDA Legit?

OANDA is a well-regulated broker with oversight from several major financial regulatory bodies. Here's a summary of OANDA's regulatory information:

Regulatory AgencyStatusLicense TypeRegulatory JurisdictionLicense NumberLicensed Entity
Australian Securities and Investments Commission (ASIC)RegulatedMarket Maker (MM)Australia412981OANDA AUSTRALIA PTY LTD
Financial Conduct Authority (FCA)RegulatedMarket Maker (MM)United Kingdom542574OANDA Europe Limited
Financial Services Agency (FSA)RegulatedRetail Forex LicenseJapan関東財務局長(金商)第2137号OANDA証券株式会社
National Futures Association (NFA)RegulatedMarket Maker (MM)United States325821OANDA CORPORATION
Canadian Investment Regulatory Organization (CIRO)RegulatedMarket Maker (MM)CanadaUnreleasedOANDA (Canada) Corporation ULC
Monetary Authority of Singapore (MAS)RegulatedRetail Forex LicenseSingaporeUnreleasedOANDA ASIA PACIFIC PTE. LTD.
regulatory
regulatory
regulatory
OANDA regulatory
OANDA regulatory
OANDA regulatory

What Can I Trade on OANDA?

OANDA offers a variety of tradable instruments, including:

Market InstrumentAvailable?
Forex
Cryptocurrencies
Commodities
Indices
Stocks
ETFs
Options

What Are the Account Types and Fees on OANDA?

OANDA provides several account types tailored to different needs:

Account TypeMinimum DepositLeverageSpreadsCommission
Standard AccountNo minimumUp to 50:1 (Forex)From 0.1 pipsNone
Premium AccountUSD 20,000+Up to 50:1 (Forex)From 0.1 pipsDiscounts on Spreads
Demo AccountNoneNoneVirtual fundsNone

What Trading Platforms Does OANDA Offer?

OANDA supports multiple trading platforms to cater to various user preferences:

PlatformDeviceTarget Audience
OANDA Web PlatformWeb (Desktop, Mobile)Beginner to Advanced Traders
MetaTrader 4 (MT4)Desktop, Mobile, TabletAdvanced Traders (Automated Trading)
TradingViewWeb (Desktop, Mobile)Chart Enthusiasts, Advanced Traders
OANDA Mobile AppMobileOn-the-Go Traders

What Are the Deposit and Withdrawal Methods on OANDA?

OANDA supports a variety of deposit and withdrawal methods:

Deposit MethodFeesProcessing Time
Bank Wire TransferNo fees from OANDA1-3 business days
Debit Card (Visa/Mastercard)No fees from OANDAImmediate
ACH TransferNo fees from OANDAImmediate (for Instant ACH)

Risk Disclaimer: Trading involves significant risk, and it is not suitable for everyone. You should only trade with money that you can afford to lose. Please ensure you understand the risks involved and seek independent advice if necessary. OANDA offers leverage on Forex, but be aware that leverage can magnify both gains and losses. Always trade responsibly.

Ready to start trading with OANDA? Open an account today and take advantage of their competitive spreads and advanced trading tools.

moneta-markets
Moneta MarketsReview Summary
Founded2012-07-18
Registered Country/RegionUnited Kingdom
RegulationFCA in the United Kingdom
Market InstrumentsForex, Indices, Commodities, Share CFDs, ETFS
Demo Account
LeverageUp to 1:1000
SpreadFrom 0.0 pips
Trading PlatformMobile: MetaTrader 5, MetaTrader 4, AppTraderWeb: PRO Trader
Min Deposit$50
Customer Support(24/5)Email: support@monetamarkets.com
Phone: +44(113)3204819(U.K), +61 2 8330 1233(International)
Live Chat
Facebook, Instagram, Twitter, YouTube, LinkedIn

Moneta Markets Information

Moneta Markets is a CFD broker that provides 1000+ of the most liquid currencies, indices, commodities, share CFDs, ETFs and more with PRIME ECN spreads from 0.0 pips! Traders can also access MetaTrader 5, MetaTrader 4, AppTrader, and PRO Trader platforms through Moneta Markets. The broker also provides a demo account.

Moneta Markets Information

Pros and Cons

Pros Cons
Spread as low as 0.0 pips/
Leverage up to 1:1000
MT4/MT5 available
Demo and Islamic account available
50% deposit bonus
24/5 customer support

Is Moneta Markets Legit?

Moneta Markets is primarily regulated by the UKs Financial Conduct Authority (FCA), with regulatory number: 613381. The FCA is globally renowned for its rigorous regulation and robust investor protection. It mandates that brokers must implement client fund segregation, regularly submit financial reports, and undergo annual audits. In the event that a regulated broker becomes insolvent, investors can receive compensation of up to £85,000 through the Financial Services Compensation Scheme (FSCS), applicable to all global clients.

Is Moneta Markets Legit?

What Can I Trade on Moneta Markets?

Moneta Markets offers 1000+ market instruments, including 44 FX Pairs, 16 Indices, 19 Commodities, 700+ Share CFDs, 30+ Crypto CFDs, 50+ ETFs, and 7 Bonds.

Tradable Instruments Supported
Forex
Commodities
Indices
Currencies
Share CFDs
ETFs
Bonds
What Can I Trade on Moneta Markets?

Account Type

Moneta Markets has three live account types: Direct STP, Prime ECN, and Ultra ECN. Traders who want low spreads and deposits can choose a Prime ECN account, while those with a sufficient budget can open an Ultra ECN account.

In addition, the demo account is predominantly used to familiarize traders with the trading platform and for educational purposes only. Muslims are allowed to open Islamic accounts without swaps.

Account Type Direct STPPrime ECNUltra ECN
PlatformPRO Trader, MetaTrader 4, MetaTrader 5, AppTrader
Range of Markets44 FX Pairs, 16 Indices, 19 Commodities, 700+ Share CFDs, 30+ Crypto CFDs, 50+ ETFs,7 Bonds
Minimum Deposit$50$50$20,000
Minimum Volume0.01 Lot0.01 Lot0.01 Lot
LeverageUp to 1:1000Up to 1:1000Up to 1:1000
Spreads from1.2 Pips0.0 Pips0.0 Pips
Commission$0$3 per lot per side$1 per lot per side
Islamic accountYESYESYES
Suitable forBeginnersScalpers and EAsProfessional traders andmoney managers
Stop out50%50%50%
HedgingYESYESYES

Moneta Markets Fees

The spread starts from 0.0 pips, the commission is from 0, and the swap is as low as zero. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:1000 meaning that profits and losses are magnified 1000 times.

Leverage

Trading Platform

Traders can conduct financial activities in MT4, MT5, AppTrader, and PRO Trader. Both MT4 and MT5 provide various trading strategies and implement EA systems. Moneta Markets offers trading platforms for mobile and web versions.

Copy trading is also available, a way for inexperienced traders or followers who dont have the time to do extensive research or want to diversify their portfolio to copy the trades of experienced traders (also known as money managers or copy trading gurus).

Trading PlatformSupported Available Devices Suitable for
MetaTrader 5MobileProfessional traders
MetaTrader 4MobileJunior traders
AppTraderMobileAll traders
PRO TraderWebAll traders

Deposit and Withdrawal

The first deposit amount must be $50 or above. Moneta Markets accepts International EFT, Credit/Debit Cards (Visa and MasterCard), FasaPay, JCB, Sticpay, and more for deposit. Withdrawal will be processed within 1-3 business days.

Deposit and Withdrawal

Bonus

Traders who deposit $500 or more into their real account will receive a 50% bonus.

Do oanda and moneta-markets have lower transaction costs?

To compare transaction costs across different brokers, our experts analyze the transaction-specific fees (such as spreads) and non-trading fees (such as inactivity fees and payment costs).

To get a comprehensive understanding of how cheap or expensive oanda and moneta-markets are, we first considered common fees for standard accounts. On oanda, the average spread for the EUR/USD currency pair is -- pips, while on moneta-markets the spread is from 0.0.

Which broker between oanda, moneta-markets is safer?

To determine the safety of our top brokers, our experts will consider many factors. This includes which licenses the broker holds and the credibility of these licenses. We also consider the history of brokers, because long-term brokers are usually more reliable and trustworthy than new brokers.

oanda is regulated by ASIC,FCA,FSA,NFA,CIRO,MAS,FSC. moneta-markets is regulated by FCA,FSCA,FSA.

Which broker between oanda, moneta-markets provides better trading platform?

When our experts review brokers, they will open their own accounts and trade through the broker's trading platform. This enables them to comprehensively evaluate the quality, ease of use, and function of the platform.

oanda provides the Premium Plus,Premium platform with products like --; moneta-markets offers the PRIME ECN,ULTRA ECN,DIRECT STP platform featuring assets including 44 FX Pairs | 16 Indices, 19 Commodities | 700+ Share CFDs 50+ ETFs 7 Bonds.

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