Exness vs Moneta Markets -2024

Published :
Updated :
Written by
Ryan Hardy sitting before his forex trading desk
Fact Checked by
Richard Walz headshoot
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Forex traders are constantly looking for a better broker with excellent services to suit their strategies and trading preferences. With over a thousand online forex brokers, making the right choice is becoming an uphill task. Both Exness and Moneta Markets offer almost similar trading services. However, there are differences in their regulations, reputations, and operations. Exness is regulated in two tier-1 jurisdictions, one tier-2 jurisdictions, and four tier-4 jurisdictions, including  FSA-S , CBCS , FSC Mauritius, FSCA , CySEC , FCA ,BVI FSC. On the other hand, Moneta Markets is regulated by  CIMA and FSCA. Each of the brokers has its strengths and weaknesses.

In this review, we will analyze and compare the two brokers. We will also explore fees, features, trading platforms, and the pros and cons of each broker to enable traders to make the right choices.

Exness vs Moneta Markets: In a Nutshell

Exness

Established in 2008, Exness is a regulated forex and CFD broker. It is regulated by multiple jurisdictions. The broker gives access to trade more than 230 tradable instruments on its MT4 and MT5 Trading platforms. The broker allows copy trading, news trading, and EA Trading. You can start trading with as low as 0.01 lot in Exness. The broker also offers a very tight spread starting from 0.3pips. However, Exness does not have ASIC regulation.

Exness Overview

Exness Overview
  • Founded In: 2008
  • Founder:Petr Valov, Igor Lychagov
  • Trading Instruments: 200+ Trading Instruments including Forex, CFDs, Cryptocurrencies, Stocks CFDs, Commodity CFDs
  • Minimum Deposit: as low as $1 for standard accounts, $200 for Pro, Raw Spread, and Zero accounts.
  • Maximum Leverage: 1:Unlimited (condition apply)  or 1:2000 for FCS, CFCS, 1:30 for ASIC, CySEC jurisdiction, 1:400 for CMA Jurisdiction
  • Regulations: FCA, CySEC, CMA, CBCS, FSCA, (FSC) in BVI, (FSC) in BVI Mauritius, FSA in Seychelles
  • Trading platform: MT4, MT5, MetaTrader WebTerminal, MetaTrader Mobile,  Exness Trade App, Exness Terminal
  • Account Types: Standard, Pro, Raw Spread, Zero
  • Payment Options: VISA, MasterCard, AstroPay, Bitcoin, Boleto, CASHU, FasaPay, Local Bank Deposits, Local Bank Transfers, Neosurf, Neteller, Oxxo, PerfectMoney, Skrill, Tether (USDT), WebMoney
  • Funding Currencies : AED, ARS, AUD,  AZN, BDT, BHD, BND, BRL, CAD, CHF, CNY, EGP, EUR, GBP, GHS, HKD, HUF, IDR, INR, JOD, JPY, KES, KRW, KWD, KZT, MAD, MXN, MYR, NGN, NZD, OMR, PHP,  PKR, QAR, SAR, SGD, THB, UAH, UGX, USD, UZS, VND, XOF, ZAR,
  • US Traders: Not Accepted

Moneta Markets

Founded in 2020, Moneta Markets is a new broker but was founded by experienced experts. Traders can enjoy ECN trading of over 1,000 forex and CFD instruments on its MetaTrader platforms, proprietary app trader as well as on the PRO TRADER; powered by TradingView. Social trading is via the Moneta CopyTrader app. Its ultra ECN account comes with tight spreads and commissions as low as $1/lot.

Moneta Markets Overview
  • Founded In: 2009
  • Minimum Deposit: $50
  • Maximum Leverage: 1000:1
  • Regulations:FSP , FSCA
  • Trading platform:RO TRADER ,APP TRADER ,Mt4,Mt 5,METATRADER APP,MT4,WEBTRADER,COPYTRADER APP
  • Account Types: Direct, Prime, Ultra
  • Payment Options: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, FasaPay, JCB, SticPay
  • US Traders: Not Accept

Exness vs Moneta Markets: Pros and Cons

Exness

Pros
  • Top tire regulations ( FCA, CySEC, FSC, FSA-S SBCS, FSCA, BVI FSC, and so on. 
  • The maximum leverage is as high as 1:2000
  • The minimum deposit is as low as $1
  • Free VPS hosting; to qualify, you need to trade for a minimum of 14 days and lifetime deposits of $500;
  • Competitive spreads starting from 0.3 pips on standard accounts
  • Swap-Free/Islamic Account Provided
  • Scalping, EA Trading, and Copy Trading are allowed 
  • Instant Withdrawal of Money 24/7
Cons
  •  No Passive investment programme ( PAMM, MAM Accounts) 
  •   No Ctrader, Tradingview, zuletrade offered 
  •  US Traders are not accepted 
  •  Only MT4 and MT5 Trading Platforms 
  • Limited educational resources

Moneta Markets

Pros
  • Regulated by FSA-S, FSCA 
  • The Maximum Leverage is as high as 1:1000
  • Low Spread Starting From as low as 0 pips 
  • Allow Scalping, EA Trading, Copy Trading 
  • Offers passive investment programme(MAM, PAMM Account)
  • Copy Trading, Zulutrade is allowed  
  • No Deposit or Inactivity fees 
  • Wide Range of instruments – 1000+ products to trade
  • Easy and Quick Account Opening 
  • Seamless Deposit and Withdrawal 
  •  Free Forex VPS
Cons
  • Moneta Markets does not have top tire regulations like FCA, NFA, ASIC, CySEC etc. 
  • Limited number of trading instruments compared to market leaders 
  • No investor protection scheme 
  • The Ctrader platform is not offered

Exness vs Moneta Markets: Side-by-Side Comparison

Exness
Moneta Markets
Product
Founded In
Founded In
2008
2009
Founded By
Founded By
David Morris
David Bily
Headquarters
Headquarters
Limassol, Cyprus
Johannesburg, 2193, South Africa
Regulations
Regulations
FSA, CBCS, FSC, FSCA, CySec, FCA, CMA
FSP , FSCA
Min Deposit
Min Deposit
$200
None
Max Leverage
Max Leverage
1: Unlimited
1000:1
Tradable Assets
Tradable Assets
Forex , Commodities, Stock ,Indices , Crypto
FOREX ,COMMODITIES,INDICES ,SHARE CFDs,ETFs,BONDS,TRADING HOURS,SPREADS AND COMMISSIONS
Fees
Fees
as low as 0.1 pips or commission upto $3.5 each side per lot
Spread from 0.0 pips, commissions $3/per lot
Platforms and Tools
Platforms and Tools
MT4, MT5, MetaTrader WebTerminal, MetaTrader Mobile, Exness Trade App , Exness Terminal
PRO TRADER ,APP TRADER ,Mt4,Mt 5,METATRADER APP,MT4,WEBTRADER,COPYTRADER APP
US Traders
US Traders
Not Allowed
Not Allowed

Exness Vs Moneta Markets: Our Scores and Ratings

We rated both brokers, Exness and Moneta Markets, on a scale of 1 to 10, with 0.1 increments. To achieve a comprehensive rating, we broadly grouped all services offered by brokers into 6 macro categories and assigned percentage weights to them. Each macro category is subdivided into several data points which contributes to the total score of 1.0-10.0 assigned to each macro category. Since all categories are not equally important, our weight percentage plays a significant role in assessing the broker accurately. For example, Regulation and Security contributes a total weight of 40% to the whole ratings because this is the most important rating category. To learn more, read our methodology.

Exness :

9.1
Exness Scores
Regulation and Security (40%)9.3
Fees and Commissions (20%)9.5
Trading (15%)8
Trading tools (10%)9
Customer Support (10%)9
Trading Education (5%)9

Moneta Markets

8.5
Total Score
Regulation and Security (40%)8
Fees and Commissions (20%)9
Trading (15%)9
Trading tools (10%)8.4
Customer Support (10%)8.8
Trading Education (5%)9

Final Verdict :

Exness and Moneta Markets are forex and CFD brokers. They offer similar trading services. Both brokers allow scalping, EA trading, Copy Trading, hedging, etc. The minimum lot size for both brokers is as low as 0.01. 

However, there are differences in some areas. For example, the minimum deposit for Exness is $200,  whereas the minimum deposit for Moneta Markets is $50. Additionally, the maximum leverage for the Exness is 200:1. In contrast, the maximum leverage for Moneta Markets is 1000:1. 

Our score for Exness is 9.1 and for Moneta Markets, it is 8.5 So, if you are looking for the most trusted forex brokers with low spreads, you may choose Exness. However, if you prefer that offers similar services, you may choose Moneta Markets.

Written by

Jason Paine is a forex trader, researcher, and tech enthusiast. He is passionate about financial markets and cutting-edge technology. With a dynamic 16-year trading career, he's on a mission to guide fellow traders. Having navigated diverse forex brokers, Jason shares his insights at Brokersway to bridge the gap between traders and the right brokerage.

Fact Checked by
Ryan Hardy is a Content Writer, Researcher, and Fact Checker at Brokersway. Specializing in forex trading, he focuses on ensuring accuracy in information related to broker regulations, scams, and safety measures. With a commitment to transparency, Ryan plays a vital role in providing traders with reliable insights into the world  of forex brokers
Edited by

Richard Walz, a seasoned content writer and broker’s research specialist, is your go-to authority for decoding online forex brokers and trading platforms. As an editor, he ensures precision and clarity, offering traders valuable insights on Brokersway, a trusted resource for informed decision-making in the dynamic world of currency trading. Richard's role as an editor ensures that the information presented is not only accurate but also presented in a manner that resonates with traders seeking clarity in making better decision.

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