Alpari vs Moneta Markets 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
Moneta Markets has the higher TFB Score (78/100 vs 61/100).
Alpari, founded in 1998, is a trading name of Parlance Trading Ltd, licensed by the Mwali International Services Authority (an offshore regulator), offering Micro, Standard, ECN and Pro ECN accounts on MetaTrader 4, MetaTrader 5 and the Alpari app.
Moneta Markets is a CFD broker with Direct STP, Prime ECN and Ultra ECN accounts on PRO Trader, MT4, MT5 and AppTrader; its UK arm is FCA-authorised, other clients are served through FSCA (South Africa), FSC (Mauritius) and Saint Lucia-registered entities.
Side by side
| Item | Alpari | Moneta Markets |
|---|---|---|
| TFB Score | 61/100 | 78/100▲ |
| Regulation & safety | 7/35Strongest licence MISA (tier 3) | 28/35▲1 tier-1 regulator (FCA), investor compensation |
| Fees & costs | 22/25▲All-in cost from 0.00 pips, no commission | 21/25All-in cost from 0.60 pips |
| Deposits & withdrawals | 16/20▲Minimum deposit $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN), 5 deposit methods, 5 withdrawal methods | 13/20Minimum deposit $50 (Direct STP and Prime ECN; Ultra ECN $20,000), 5 deposit methods, 1 withdrawal method |
| Platforms & trading | 16/20MT4, MT5; leverage up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | 16/20MT4, MT5; leverage up to 1000:1 on FX, indices and precious metals (international entities, not the FCA entity) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | MISA | FCA, FSCA, FSC Mauritius |
| Minimum deposit | $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN) | $50 (Direct STP and Prime ECN; Ultra ECN $20,000) |
| Spreads from | 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) | 0.0 pips (Prime ECN and Ultra ECN) |
| Commission | None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded | $3 per lot per side (Prime ECN); $1 per lot per side (Ultra ECN) |
| Max leverage | Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd) | Up to 1000:1 on FX, indices and precious metals (international entities, not the FCA entity) |
| Platforms | ||
| Withdrawal methods | Bank transfers, Debit and credit cards, E-wallets, Local payment methods, Cryptocurrency | Same method and account details as the deposit |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Alpari review · Moneta Markets review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Alpari or Moneta Markets better?
Moneta Markets has the higher TFB Score (78/100 vs 61/100). The best choice depends on your country, platform and payment method.
Are Alpari and Moneta Markets regulated?
Alpari: MISA. Moneta Markets: FCA, FSCA, FSC Mauritius. Every licence is linked to the regulator's register on each review.
Which is safer, Alpari or Moneta Markets?
Alpari holds no tier-1 licence; Moneta Markets holds 1 (FCA). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
What is the minimum deposit at Alpari and Moneta Markets?
Alpari: $30 (Micro); $100 (Standard); $300 (ECN); $500 (Pro ECN). Moneta Markets: $50 (Direct STP and Prime ECN; Ultra ECN $20,000). Alpari asks for less to start.
Which has tighter spreads, Alpari or Moneta Markets?
Published spreads start from 0.0 pips (Pro ECN); 0.8 pips (ECN); 1.2 pips (Standard; Micro from 1.5 pips) at Alpari and 0.0 pips (Prime ECN and Ultra ECN) at Moneta Markets; commission: Alpari None on Micro, Standard and ECN; Pro ECN forex $2.5 per lot traded, Moneta Markets $3 per lot per side (Prime ECN); $1 per lot per side (Ultra ECN).
Do Alpari and Moneta Markets offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. Alpari: MetaTrader 4, MetaTrader 5, Alpari Mobile App. Moneta Markets: PRO Trader, MetaTrader 4, MetaTrader 5, AppTrader.
What is the maximum leverage at Alpari and Moneta Markets?
Alpari: Up to 1:3000 (ECN and Pro ECN, Parlance Trading Ltd). Moneta Markets: Up to 1000:1 on FX, indices and precious metals (international entities, not the FCA entity). Leverage depends on the company that opens your account and on your country.
More Alpari comparisons
More Moneta Markets comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning