IG vs Moneta Markets
By Akash · Facts re-checked (UTC)
Here is how IG and Moneta Markets compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| IG | Moneta Markets | |
|---|---|---|
| Regulators | FCA | FCA, FSCA, FSC Mauritius |
| Minimum deposit | No minimum balance to open an account | $50 (standard accounts; ECN account $20,000) |
| Spreads from | 0.6 pips EUR/USD (MT4, UK) | 0.0 pips (ECN accounts) |
| Commission | Commission-free on MT4 forex | From $3 per lot per side on ECN; $1 per lot per side on a higher tier |
| Max leverage | 30:1 on major forex pairs for retail clients (IG Markets Ltd, UK, 3.33% margin) | Up to 1000:1 on FX, indices and precious metals (international entities, not the FCA entity) |
| Platforms | IG web platform, IG app, MetaTrader 4, MetaTrader 5, TradingView, ProRealTime | MetaTrader 4, MetaTrader 5, AppTrader |
| Retail accounts losing money | 70% | – |
Full reviews: IG review · Moneta Markets review
Frequently asked questions
What is the minimum deposit at IG and Moneta Markets?
IG: No minimum balance to open an account. Moneta Markets: $50 (standard accounts; ECN account $20,000).
Are IG and Moneta Markets regulated?
IG: FCA. Moneta Markets: FCA, FSCA, FSC Mauritius.
Which has tighter spreads, IG or Moneta Markets?
Published spreads start from 0.6 pips EUR/USD (MT4, UK) at IG and 0.0 pips (ECN accounts) at Moneta Markets; commission: IG Commission-free on MT4 forex, 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