Moneta Markets vs Saxo
By Akash · Facts re-checked (UTC)
Here is how Moneta Markets and Saxo compare on regulation, costs and platforms. See the table for regulators, costs and platforms.
| Moneta Markets | Saxo | |
|---|---|---|
| Regulators | FCA, FSCA, FSC Mauritius | Danish FSA, FCA |
| Minimum deposit | $50 (standard accounts; ECN account $20,000) | No minimum deposit (individual account) |
| Spreads from | 0.0 pips (ECN accounts) | 1 pip EUR/USD minimum (global page; varies by country) |
| Commission | From $3 per lot per side on ECN; $1 per lot per side on a higher tier | USD 3 fixed commission on FX trades under 50,000 units |
| Max leverage | Up to 1000:1 on FX, indices and precious metals (international entities, not the FCA entity) | – |
| Platforms | MetaTrader 4, MetaTrader 5, AppTrader | SaxoTraderGO, SaxoTraderPRO, SaxoInvestor, TradingView |
| Retail accounts losing money | – | 66% |
Full reviews: Moneta Markets review · Saxo review
Frequently asked questions
What is the minimum deposit at Moneta Markets and Saxo?
Moneta Markets: $50 (standard accounts; ECN account $20,000). Saxo: No minimum deposit (individual account).
Are Moneta Markets and Saxo regulated?
Moneta Markets: FCA, FSCA, FSC Mauritius. Saxo: Danish FSA, FCA.
Which has tighter spreads, Moneta Markets or Saxo?
Published spreads start from 0.0 pips (ECN accounts) at Moneta Markets and 1 pip EUR/USD minimum (global page; varies by country) at Saxo; commission: Moneta Markets From $3 per lot per side on ECN; $1 per lot per side on a higher tier, Saxo USD 3 fixed commission on FX trades under 50,000 units.
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