Skip to content
Regulated Newest challenger

Young broker,
grown-up
pricing.

Raw pricing and a slick mobile app from a broker that added FCA cover in 2025.

$50 (Direct STP / Prime ECN); ECN Pro $20,000
Min. deposit
1:30
Max. leverage
$9.00
All-in cost/lot
1,000+
Instruments
2020
Founded
72.21 / 100
BrokersNest score

We don't link to Moneta Markets from your region, because it doesn't serve retail clients here through a locally regulated company. You can still read our full review. Moneta Markets serves UK clients through its FCA-regulated entity and Australian clients as an authorised representative of an AFSL holder. It has no EU entity.

We don't link to brokers from the US or Canada, because retail CFD trading isn't offered to residents there. You can still read our full review.

We don't link to brokers from your country. You can still read our full review.

Account links appear once we can confirm your region. You can still read our full review. Moneta Markets serves UK clients through its FCA-regulated entity and Australian clients as an authorised representative of an AFSL holder. It has no EU entity.

You open directly with the broker — we never take your documents or your money.

The verdict

ECN-level raw pricing and a strong mobile app, from a broker still building its record.

Moneta prices like an established ECN and ships one of the better mobile apps in the index. It picked up FCA authorisation in the UK in 2025 — its first tier-one licence. Australian clients are served under a Corporate Authorised Representative arrangement rather than Moneta’s own AFSL, and the Seychelles and Mauritius entities still carry no compensation scheme.

How it scores

How the score adds up

Cost (30%) 70.5
Regulation & protection (25%) 39.33
Platforms & range (20%) 40.52
Trading conditions (15%) 90
Client outcomes (10%) 42.75

This entity doesn't publish the figure, so we used the median of the brokers that do.

What we'd open it for
Pricing punches above its age

Prime ECN sits close to the established leaders.

One of the better apps

AppTrader is genuinely usable for managing positions.

What would send us elsewhere
No compensation scheme outside the UK

FCA cover protects UK clients under FSCS; the Seychelles and Mauritius entities, and the ASIC authorised-representative arrangement in Australia, don't carry one.

Short track record

Founded 2020 — there is not much history to check.

What it costs

What each account costs you

All-in cost: $9.00 per standard lot — spread plus commission, on the cheapest account.

At 5 lots a month, that's about $540 a year in trading costs.

Commission
$0/lot
Typical spread
0.3 pips
Commission
$6/lot
Swap (long/short)
−1.2 / 0.0
Typical spread
1.2 pips
Commission
$0/lot
Swap (long/short)
−1.2 / 0.0
All-in cost per lot vs. the cheapest brokers available in the EU
Pepperstone
$8.00
XM
$8.00
AvaTrade
$9.00
FxPro
$9.00
Moneta Markets (this broker) Not available in the EU. Cost shown is its cheapest elsewhere.
$9.00
Eightcap
$10.00
ActivTrades
$10.80
Plus500
$13.00
All-in cost per lot vs. the cheapest brokers available in the UK
Vantage Markets
$7.00
Pepperstone
$8.00
Axi
$9.00
FxPro
$9.00
Moneta Markets (this broker) Not linked from your region.
$9.00
Eightcap
$10.00
ActivTrades
$10.80
All-in cost per lot vs. the cheapest brokers available in Australia
Vantage Markets
$7.00
Pepperstone
$8.00
AvaTrade
$9.00
Axi
$9.00
Moneta Markets (this broker) Not linked from your region.
$9.00
Eightcap
$10.00
Plus500
$13.00
All-in cost per lot vs. the cheapest brokers available globally
Exness
$6.00
Vantage Markets
$7.00
Pepperstone
$8.00
AvaTrade
$9.00
Axi
$9.00
Axiory
$9.00
FxPro
$9.00
Moneta Markets (this broker) Not linked from your region.
$9.00
Eightcap
$10.00
Platforms & markets

Where and how you trade

MT4 · MT5 · ProTrader · AppTrader

MetaTrader 4 MetaTrader 5 ProTrader
Forex Indices Commodities Stocks Social Energies
60
FX pairs
20
Indices
750
Share CFDs
15
Commodities
—
Crypto CFDs
—
ETFs
—
Currency indices
Who it suits

Open Moneta Markets if…

  • You want raw pricing, with FCA cover if you're a UK client.
  • You manage positions mostly from a phone.
  • You are comfortable with a young firm.
  • You trade FX and indices rather than crypto.
Licences & protection

Which entity holds your money

Same brand, different legal entity depending on where you sign up — each carries its own regulator and protections.

Where you can open an account: Australia, United Kingdom, Everywhere else

AU
Moneta Markets Pty Ltd
Registration
Authorised representative no. 1298177 of AGC Capital Securities Pty Ltd (AFSL 481024)
Regulator
ASIC. Operates as an authorised representative of AGC Capital Securities Pty Ltd (AFSL 481024), not under its own licence
UK
Moneta Markets Capital Ltd
Registration
FRN 613381 · Co. 08279988
Regulator
FCA 613381
GL
Moneta Markets Ltd · Moneta Markets Trading Limited
Registration
SD144 (Seychelles) · GB24203391 (Mauritius)
Regulator
FSA Seychelles · FSC Mauritius
Licence summary
FCA (FRN 613381) · FSCA (47490) · FSA Seychelles (SD144) · FSC Mauritius (GB24203391)
Compensation scheme
UK: FSCS up to £85k · AU: no statutory compensation scheme · GL (Seychelles/Mauritius): none
Full specs

Every number, checked

Max. leverage
Retail up to 1:30 (FCA/ASIC); up to 1:1000 (offshore)
EUR/USD spread & commission
Direct STP: 1.2-1.8 pips; Prime ECN: ~0.3 + $3 per side
Platforms
MT4 · MT5 · ProTrader · AppTrader
Mobile
iOS; Android
Currency pairs
60
Hedging
Available
Scalping
Available

Specs verified 21 Sep 2026

Good to know

The day-to-day

Support
24/5 chat
Demo account
Unlimited
Withdrawal payout
1–2 business days
Open an account

Ready for Moneta Markets?

Application, ID check, first deposit. Most people finish in one sitting.

Continue to Moneta Markets →
BrokersNest may be compensated if you open an account through this link. It does not change our score, our ranking, or a single figure on this page.