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City Index vs Moneta Markets

By · Facts re-checked (UTC)

Here is how City Index and Moneta Markets compare on regulation, costs and platforms. See the table for regulators, costs and platforms.

City IndexMoneta Markets
RegulatorsFCAFCA, FSCA, FSC Mauritius
Minimum deposit£100 minimum initial deposit for MT4 / new cards (UK)$50 (standard accounts; ECN account $20,000)
Spreads from0.5 pts on MT4; 0.8 pts on standard platform (UK)0.0 pips (ECN accounts)
CommissionNone on MT4 except sharesFrom $3 per lot per side on ECN; $1 per lot per side on a higher tier
Max leverage–Up to 1000:1 on FX, indices and precious metals (international entities, not the FCA entity)
PlatformsCity Index Web Trader (TradingView charts), MetaTrader 4, TradingViewMetaTrader 4, MetaTrader 5, AppTrader
Retail accounts losing money68%–

Full reviews: City Index review · Moneta Markets review

Frequently asked questions

What is the minimum deposit at City Index and Moneta Markets?

City Index: £100 minimum initial deposit for MT4 / new cards (UK). Moneta Markets: $50 (standard accounts; ECN account $20,000).

Are City Index and Moneta Markets regulated?

City Index: FCA. Moneta Markets: FCA, FSCA, FSC Mauritius.

Which has tighter spreads, City Index or Moneta Markets?

Published spreads start from 0.5 pts on MT4; 0.8 pts on standard platform (UK) at City Index and 0.0 pips (ECN accounts) at Moneta Markets; commission: City Index None on MT4 except shares, Moneta Markets From $3 per lot per side on ECN; $1 per lot per side on a higher tier.

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 more