Trading 212 vs Moneta Markets 2024

Trading 212 is not publicly traded and does not operate a bank. Trading 212 is authorized by two Tier-1 regulators (Highly Trusted), zero Tier-2 regulators (Average Trust), zero Tier-3 regulators (Low Trust), and zero Tier-4 regulators (High-Risk). Trading 212 is authorised by the following Tier-1 regulators: the Financial Conduct Authority (FCA) and regulated in the European Union via the MiFID passporting system.

Moneta Markets is not publicly traded and does not operate a bank. Moneta Markets is authorised by one Tier-1 regulator (high trust), one Tier-2 regulator (average trust), zero Tier-3 regulators (low trust), and one Tier-4 regulator (High Risk). Moneta Markets is authorised by the following Tier-1 regulators: Australian Securities & Investment Commission (ASIC).

Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.

Moneta Markets is a new brand under parent company Vantage Group, which offers traders the MetaTrader suite of platforms as well as a basic web and mobile app. While it does support a decent range of third-party features, Moneta Markets has lackluster research and educational offerings, and its pricing is average.

To open a trading account with Trading 212, you'll need to make an initial minimum deposit of €10.

Moneta Markets requires a minimum deposit of $50 before you can open an account and start trading.

It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Trading 212 offers Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw) and PayPal (Deposit/Withdraw) for banking, whereas Moneta Markets provides Visa/Mastercard (Credit/Debit) and Bank Wire (Deposit/Withdraw). Neither have Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw).

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Moneta Markets offers better pricing overall for traders.

Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.

At ForexBrokers.com, we track over 110 international regulatory agencies and sort them by tiers (Tier-1, Tier-2, Tier-3, Tier-4, and Tier-5) to help you choose well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Trading 212 holds 2 global Tier-1 licenses, while Moneta Markets holds 1. Moneta Markets holds 1 global Tier-2 licenses, while Trading 212 holds 0.

After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Trading 212 (79) earned a higher Trust Score than Moneta Markets (72).

To compare the trading platforms of both Trading 212 and Moneta Markets, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Trading 212 offers a better experience. With research, Moneta Markets offers superior market research. Finally, we found Trading 212 to provide better mobile trading apps.

Here’s what trading platforms are available at Trading 212:

• Proprietary Platform - Yes
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - No
• MT5 - No
• ZuluTrade - No
• TradingView - No

Here’s what trading platforms are available at Moneta Markets:

• Proprietary Platform - No
• Web Platform - Yes
• cTrader - No
• DupliTrade - No
• MT4 - Yes
• MT5 - Yes
• ZuluTrade - Yes
• TradingView - Yes

The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Moneta Markets offers MetaTrader 4 (MT4), while Trading 212 does not. Forex traders also appreciate the ability to engage in social copy trading. While Moneta Markets offers copy trading, Trading 212 does not.

Trading 212 provides traders 146 currency pairs (e.g., EUR/USD) compared to Moneta Markets's 54 available pairs. If you are interested in trading CFDs, Trading 212 offers traders access to 8025 CFDs, while Moneta Markets offers access to 1016 CFDs; so Trading 212 offers 7009 more CFDs than Moneta Markets.

We found in our testing that Trading 212 offers a more diverse selection of investment options than Moneta Markets, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Int'l Stock Trading (Non CFD) and Cryptocurrency (Derivative). Neither have Cryptocurrency (Physical) and Spread Betting.