This contrast overview helps users that battle to pick between Plus500 and Moneta Markets to discover the best online broker for their trading and investment needs. It examines the highlights of the two brokers side by side to help individuals contrast their service and make a notified decision.
To aid customers choose the appropriate broker in between Plus500 and Moneta Markets to find the best-suited system, listed below is a listing of broker’s advantages and disadvantages, followed by a contrast of their primary trading features, including trading platforms & tools, charges, mobile trading, down payment & withdrawal, possessions, regulation, and client assistance.
Plus500 vs. Moneta Markets: Summary
Plus500 is a reputable CFD online broker licensed by the DFSA (F005651). They offer access to a wide range of assets including 2,800 CFDs on stocks & ETFs, cryptos, futures, forex, commodities, and indices. The Plus500 trading platform offers basic trading tools including Technical analysis charts, real-time quotes, quick buy and sell options from the same window and 3 order different types (market, limit stop order).
Plus500 trading fees are average compared to similar forex and CFD brokers. They charge an average spread of 0.8 pips (EUR/USD) without any commission. Plus500 charges non trading fees in the form of overnight fees, currency conversion fees, guaranteed stop order fees, and inactivity fees.
Plus500’s customer service is available 24/7 (even during the weekends and holidays) by phone, email, WhatsApp, and live chat.
Moneta Markets is an Australian forex and CFD broker founded in 2019 and regulated by 3 tier-one regulators (the Australian Securities and Investments Commission, Financial Sector Conduct Authority, and the Saint Vincent and Grenadines Financial Services Authority).
Moneta Markets offers users access to 1,016 tradable financial instruments, including CFDs on forex pairs, shares, indices, commodities, bonds, and precious metals. The broker’s trading platforms include its proprietary ProTrader, AppTrader, and CopyTrader app, the desktop-based MetaTrader 4 and 5 trading platforms, and MetaTrader 4 WebTrader.
The most prominent platform features include 100+ built-in indicators, 12 different chart types, 20 chart layouts, light and dark modes, and the option to place stop loss and take profit orders based on pips, percentage, price, and dollar value.
Pros
- Low minimum deposit ($100)
- Competitive spread of 0.8 pips EUR/USD
- Multiple order types and technical indicators
- Excellent customer service
- Negative balance protection
- Intuitive mobile trading app
Cons
- Relatively high fees compared to other brokers
- Limited markets
- Limited charting tools and features
Pros
Cons
Key features
- Access to 3,000 CFDs
- Beginner-friendly trading platform and mobile app
- Low, floating spreads from 0.8 pips EUR/USD
- Advanced (conditional) order types available such as GSOs and TSOs
- Free unlimited demo paper trading account
- Fast account opening
Key features
- Access to over 1,000 CFDs
- Leverage up to 1,000:1
- Low minimum deposit of $50
- Fast and easy account opening
- Wide range of trading platforms
- Free forex trading VPS
- 50% cashback bonus for new clients
Plus500 vs. Moneta Markets Comparison
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Plus500
Moneta Markets
BROKER COMPARISON
Trading Platform & Tools
| Automated Trading | ||
| Charting Tools | ||
| Conditional Orders | ||
| cTrader | ||
| Demo Account | ||
| Desktop Platform | ||
| Max Leverage | 1:30 | 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 | $10 | 0 |
| Cost Per Trade | 0 | 0 |
| Cost Per Month | 0 | 0 |
| Forex (EUR/USD) | 0.8 pips | 0.4 pips |
| Stocks & ETF | 0 | 2.7 pips |
| CFD (Gold) | 7.2 pips | 2.7 pips |
| Crypto | 0 | 0 |
| Options | 0 | 0 |
| Conversion Fees | 0 | |
| Misc. Fees | 0 | |
| Overnight Fees |
Deposit & Withdrawal
| Minimum deposit (in UAE) | $100 | $50 |
| Bank Wire | ||
| Credit/Debit Card | ||
| Cash | ||
| Check | ||
| Islamic Account Transfer | ||
| E-payments | ||
| Paypal | ||
| Skrill | ||
| Neteller |
Assets
| Shares | 0 | 0 |
| ETF & Funds | 0 | 0 |
| Crypto | 0 | 0 |
| Commodities | 0 | 0 |
| Indices | 0 | 0 |
| Options | 0 | 0 |
| Futures | 0 | 0 |
| Bonds | 0 | 0 |
| CFDs on Forex Instruments | 60 | 44 |
| CFD Indices & Funds | 430 | 16 |
| CFD Stocks | 1000 | 226 |
| CFD Commodities | 22 | 19 |
| CFD Crypto | 0 | 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
Plus500 vs. Moneta Markets Comparison Conclusion
The results of our contrast of Plus500 vs. Moneta Markets are involved the table below.
| Broker: | Best For: |
| Plus500 | CFD trading and investing |
| Moneta Markets |
Picking the best option in between Plus500 and Moneta Markets can be tough. Both online brokers have similarities yet differ regarding trading tools, platforms & applications, regulation, down payment & withdrawals, and study and education. Choosing the most effective broker depends upon individuals’ trading & investment objectives, specific choices, and experience level.
To make a better-informed decision, users can read our detailed broker reviews, comparison or use our broker selector to help them find the ideal broker.