Traders consistently seek trusted and reliable trading platforms that suit their trading styles and preferences. Moneta Markets and TD Ameritrade are top-tier regulated brokers providing online trading services worldwide. Moneta Markets is known for its social trading and multi-asset platform, regulated in one tier-2 jurisdiction FSCA.On the other hand, TD Ameritrade specializes in online forex trading, regulated by three tier-1 jurisdictions including SEC , FINRA , SIPC. While these brokers offer similar services, they each have their own strengths and weaknesses.
In this article, I have compared Moneta Markets and TD Ameritrade in terms of trading platforms, Pros, Cons, regulations, tradable assets, fees, customer support, and overall trading experience score. This analysis aims to help you determine which broker better suits your trading style and preferences.
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. To learn more, you may read our review about Moneta Markets.
Moneta Markets Overview
- Founded In: 2009
- Founder: David Bily
- Headquarters: South Africa
- 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 Accepted
TD Ameritrade
Founded in 1971 as Ameritrade, TD Ameritrade is a well-known American online brokerage firm that offers a wide range of financial services including stocks, Forex, options, ETFs Mutual Funds, fixed income and other investment products TD Ameritrade went through a couple of acquisitions and mergers. In 2006, it acquired the US operations of TD Waterhouse, followed by the acquisition of Scottrade in 2017. Finally, in 2020, Charles Schwab Corporation acquired TD Ameritrade. TD Ameritrade provides access to both US and non-US traders to trade on this platform.
TD Ameritrade At a Glance
- Founded In: 1978
- Minimum Deposit: $0
- Maximum Leverage: 1:50
- Regulations: SEC , FINRA , SIPC
- Trading platform: Web Platforms, thinkorswim desktop, thinkorswim® web, Mobile Trading
- Account Types: Standard, Retirement, Education and Specialty accounts.
- Payment Options: Bank Wire (BankTransfer/SWIFT), ACH (Automated Clearing House), Check, Physical Stock Certificates, Transfer from Existing Broker
- US Clients : Accepted
Moneta Markets vs: TD Ameritrade Features
Moneta Markets
- Trading Instruments: 1000+ Trading instruments including forex, indices, commodities, share CFDs, Crypto CFDs, Bonds, and ETFs
- Maximum leverage: Maximum Leverage is as high as 1000:1
- Minimum Deposit: $50 for Direct and Prime Account, $20000 for Ultra Account
- Account Types: Three ( Direct, Prime, Ultra)
- Trading Fees: Spread starting from 1.2 pip for Direct Account or Commission $3 per lot per side for Prime Account, and $1 per lot per side for Ultra Account
- PAMM/ MAM: Available
- Zulutrade: Available
- Scalping: Allowed
- News Trading: Allowed
- EA/ Robot Trading: Allowed
TD Ameritrade
- Trading Instruments: 4,700+ trading instruments including Stocks, ETFs, mutual funds, options, fixed income, futures, and forex, as well as margin lending and cash management services
- Maximum Leverage: 50:1. Offers both leverage and non-leverage assets.
- Minimum Deposit: TD Ameritrade does not require a minimum deposit to open a trading account
- Account Type: Brokerage and Trading, Retirement Account, Education and Custodian, charitable giving, lending, Small business retirements, Checking and Savings, Robo and Dedicated Advice, credit cards, Annuities, Trust and Estate, Insurance
- Trading Fees: TD Ameritrade offers a $0 account minimum with no charges for trading stocks and ETFs. Bond trades are $1 per bond, and most options contracts cost $0.65 each. Mutual fund trades typically cost around $50, but the firm also provides access to over 3,600 no-transaction-fee funds
- PAMM/MAM: Not Available
- News Trading: Allowed
- Scalping: Allowed
- Automated Trading: Allowed
Moneta Markets vs TD Ameritrade: Pros and Cons
Moneta Markets Pros & Cons
- 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
- 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
TD Ameritrade Pros & Cons
- ETF, non-penny stock, and options trades are commission-free
- Expansive trading tools and resources for all types of investors
- Low trading fees (free stock and ETF trading)
- Regulated by FINRA, SIBC
- Part of Charles Schwab Corporation since October 2020, with a combined 28 million clients and $6 trillion in assets.
- The company does not charge fees for trading in American and Canadian stocks, options, and ETFs.
- There is a large selection of investments from which to choose
- Broker-assisted trades are somewhat costly
- No direct crypto Trading
- Forex trading via thinkorswim, a trading platform where you can trade forex
- No MT4, MT5, cTraders trading platforms are offered
- Fractional shares are not offered
- Accounts mostly limited to US residents
- As a U.S.-only forex broker, TD Ameritrade does not offer copy trading or MetaTrader (MT4).
Moneta Markets vs TD Ameritrade: Side-by-Side Comparison
Moneta Markets Vs TD Ameritrade: Our Scores and Ratings
We rated both brokers, Moneta Markets and TD Ameritrade, 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.
Moneta Markets :
TD Ameritrade
Final Verdict :
Both Moneta Markets and TD Ameritrade are regulated online trading platforms in the industry, offering services to traders and investors. However, there are some differences between them. Moneta Markets is a multi-asset and social trading platform, providing trading instruments, including FOREX ,COMMODITIES,INDICES ,SHARE CFDs,ETFs,BONDS,TRADING HOURS,SPREADS AND COMMISSIONS.It offers both leverage and non-leverage tradable assets. On the other hand, TD Ameritrade is a forex and CFD broker offering stocks,options,ETFs,mutual funds,futures,forex,margin trading,bonds & fixed income.
Our score for Moneta Markets is 8.5, and for TD Ameritrade, it is 8.8 (based on our research; a score above 8 is considered safe and trustworthy). If you are seeking a social trading platform where you can copy other successful traders and have a one-stop solution for various types of trading, you may choose Moneta Markets. However, if you prefer online forex and CFD brokers, you may choose TD Ameritrade.