IC Markets vs Moneta Markets: Comparison

Andriy BondarenkoAndriy Bondarenko
  • Year Founded: 2007
  • Broker Type: ECN, DMA
  • Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
  • Spread: Low
  • Maximum Leverage: 1:500
  • Minimum Deposit: $200
Broker is not available inUS Flag
Find me a Broker

Your capital is at risk

  • Year Founded: 2020
  • Broker Type: STP, ECN
  • Platforms: MetaTrader 4 (MT4), MetaTrader 5 (MT5), PRO Trader
  • Spread: Average
  • Maximum Leverage: 1:1000
  • Minimum Deposit: $50
Broker is not available inUS Flag
Find me a Broker

Your capital is at risk

Our pick:

IC Markets

Based on multiple factors—spreads and fees, available assets and instruments, platforms and execution speed, quality of support and educational resources. This is not financial advice.

Comparison of IC Markets and Moneta Markets

FeatureIC MarketsMoneta Markets
Broker
Year Founded20072020
Broker TypeECN, DMASTP, ECN
DealingA-bookA-book
ExecutionMarketMarket
RegulationSFSA, ASIC, CySEC, CMAFSCA, SFSA
PlatformsMetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingViewMetaTrader 4 (MT4), MetaTrader 5 (MT5), PRO Trader
Spread Low Average
Maximum Leverage1:5001:1000
Minimum Deposit$200$50
Base CurrenciesUSD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKDUSD, EUR, GBP, CAD, NZD, SGD, HKD, JPY, BRL
Funding MethodsBank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, RapidpayBank Wire, Credit Card, Debit Card, FasaPay, SticPay, Bitcoin (BTC), Tether (USDT), ETH (Ethereum), USDC (USD Coin)
Inactivity Fee
Interest on Margin
Withdrawal Fee
Investor ProtectionInvestor Compensation Fund (ICF)-
Protection Size€20 000-
Segregated Accounts
Negative Balance Protection
Guaranteed Stop Loss
Copy Trading
VPS
MAM/PAMM
Scalping Allowed
EAs/Robots
Depth of Market (DOM)
Tradable Assets (CFDs)Currencies, Indices, Stocks, ETFs, Bonds, Cryptocurrencies, Metals, Energies, Soft CommoditiesCurrencies, Indices, Stocks, ETFs, Bonds, Metals, Energies, Soft Commodities, Cryptocurrencies
ReviewIC Markets ReviewMoneta Markets Review

About IC Markets

IC Markets is a leading forex and CFD broker, well-known for its exceptional trading conditions and advanced technology. Established in 2007 and regulated by multiple top-tier authorities, including ASIC, CySEC, and the FSA Seychelles, IC Markets has earned a solid reputation among retail and institutional traders alike. The broker is particularly favored by scalpers, day traders, and algorithmic traders for its ultra-tight spreads, fast execution speeds, and no-dealing-desk (NDD) model. With access to powerful platforms like MetaTrader 4, MetaTrader 5, and cTrader, IC Markets offers a seamless trading experience across various asset classes, including forex, indices, commodities, and cryptocurrencies. Its focus on transparency, competitive pricing, and exceptional liquidity ensures that traders can execute strategies efficiently. However, while IC Markets excels in trading infrastructure, it offers limited educational resources, which may not fully cater to beginners.

Pros

  • Regulated by top-tier authorities (ASIC, CySEC)
  • Tight spreads starting from 0.0 pips on Raw Spread accounts
  • No dealing desk (NDD) model ensures transparent and fast execution
  • Excellent platforms: MetaTrader 4, MetaTrader 5, and cTrader
  • High liquidity and competitive pricing ideal for scalping and algorithmic trading
  • Wide range of tradable assets, including cryptocurrencies
  • Dedicated 24/7 customer support

Cons

  • Restricted availability in some regions due to regulatory constraints
  • Withdrawal fees may apply for certain methods

About Moneta Markets

Moneta Markets is a technology-focused forex and CFD broker (part of the Vantage group) that gives traders access to more than 1000 instruments-currencies, indices, commodities, shares, ETFs, bonds and crypto. Regulated by ASIC and the FSCA, with an additional offshore licence (SVGFSA), it pairs Tier-1 liquidity with Equinix data-centre hosting to deliver ECN pricing from 0.0 pips and execution under 30 ms. Clients can start with as little as $50, trade with flexible leverage up to 1 : 1000, and choose from MT4/MT5, the TradingView-powered ProTrader web terminal, or the dedicated CopyTrader app. Fee-free deposits, same-day withdrawals and regular cashback promotions round out a package aimed at both active scalpers and copy-trade investors.

Pros

  • Wide market selection: 1000+ instruments across forex, stocks, indices, commodities, ETFs, bonds and crypto
  • Choice of modern platforms - MT4, MT5, ProTrader (TradingView) and CopyTrader - plus mobile apps
  • ECN spreads from 0.0 pips and ultra-fast execution via Tier-1 liquidity and Equinix servers
  • High leverage up to 1 : 1000 and low $50 minimum deposit make accounts accessible
  • Fast, fee-free deposits and typically same-day withdrawals through multiple payment methods
  • Ongoing incentives such as 50 % cashback bonus, Trading Central research and copy-trading infrastructure

Cons

  • Premium analytics and education tools are gated behind a $500 minimum deposit
  • Core offshore registration (SVGFSA) offers weaker investor protection than top-tier regulators
  • No fixed-spread account option for traders who want completely predictable costs during high volatility

IC Markets & Moneta Markets Regulation

Companies
IC Markets
Raw Trading Ltd, International Capital Markets Pty Ltd, IC Markets (EU) Ltd, IC Markets (KE) Limited
Moneta Markets
Moneta Markets (Pty) Ltd, Moneta Markets Ltd
Countries
IC Markets
Seychelles, Australia, Cyprus, Kenya
Moneta Markets
Mauritius, Seychelles
Regulators
IC Markets
SFSA, ASIC, CySEC, CMA
Moneta Markets
FSCA, SFSA
Investor Protection
IC Markets
Investor Compensation Fund (ICF)
Moneta Markets
-
Investor Protection Size
IC Markets
€20 000
Moneta Markets
-
Publicly Traded
IC Markets
Moneta Markets
Segregated Accounts
IC Markets
Moneta Markets
Guaranteed Stop Loss
IC Markets
Moneta Markets
Negative Balance Protection
IC Markets
Moneta Markets

Account Types

STP Account
Account Name
IC Markets
Moneta Markets
Direct STP
Min Deposit
IC Markets
Moneta Markets
$50
Lot Size
IC Markets
Moneta Markets
0.01
Spread Type
IC Markets
Moneta Markets
Floating
Execution
IC Markets
Moneta Markets
Market
Min Spread
IC Markets
Moneta Markets
1.2
Fee
IC Markets
Moneta Markets
No
Max Leverage
IC Markets
Moneta Markets
1:1000
Stop Out
IC Markets
Moneta Markets
50%
Margin Call
IC Markets
Moneta Markets
80%
ECN Account
Account Name
IC Markets
Standard
Moneta Markets
Prime ECN
Min Deposit
IC Markets
$200
Moneta Markets
$50
Lot Size
IC Markets
0.01
Moneta Markets
0.01
Spread Type
IC Markets
Floating
Moneta Markets
Floating
Execution
IC Markets
Market
Moneta Markets
Market
Min Spread
IC Markets
0.6
Moneta Markets
0
Fee
IC Markets
No
Moneta Markets
$6 per 1 lot
Max Leverage
IC Markets
1:500
Moneta Markets
1:1000
Stop Out
IC Markets
50%
Moneta Markets
50%
Margin Call
IC Markets
100%
Moneta Markets
80%
Zero Account
Account Name
IC Markets
Raw Spread
Moneta Markets
Ultra ECN
Min Deposit
IC Markets
$200
Moneta Markets
$20 000
Lot Size
IC Markets
0.01
Moneta Markets
0.01
Spread Type
IC Markets
Floating
Moneta Markets
Floating
Execution
IC Markets
Market
Moneta Markets
Market
Min Spread
IC Markets
0
Moneta Markets
0
Fee
IC Markets
$7 per 1 lot
Moneta Markets
$2 per 1 lot
Max Leverage
IC Markets
1:500
Moneta Markets
1:500
Stop Out
IC Markets
50%
Moneta Markets
50%
Margin Call
IC Markets
100%
Moneta Markets
80%
Additional Features
Demo Account
IC Markets
Moneta Markets
VIP Account
IC Markets
Moneta Markets
Swap-Free Account
IC Markets
Moneta Markets
Copy Trading
IC Markets
Moneta Markets
VPS
IC Markets
Moneta Markets
PAMM/MAM Accounts
IC Markets
Moneta Markets

Funding and Fees

Base currencies
IC Markets
USD, EUR, GBP, AUD, CHF, JPY, NZD, SGD, HKD
Moneta Markets
USD, EUR, GBP, CAD, NZD, SGD, HKD, JPY, BRL
Deposit and withdrawal methods
IC Markets
Bank Wire, Credit Card, Debit Card, Neteller, PayPal, Skrill, Bpay, FasaPay, Klarna, POLi, Rapidpay
Moneta Markets
Bank Wire, Credit Card, Debit Card, FasaPay, SticPay, Bitcoin (BTC), Tether (USDT), ETH (Ethereum), USDC (USD Coin)
Inactivity fee
IC Markets
Moneta Markets
Interest on margin
IC Markets
Moneta Markets
Withdrawal fee
IC Markets
Moneta Markets

Trading Platforms and Conditions

Trading Platforms
IC Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader, TradingView
Moneta Markets
MetaTrader 4 (MT4), MetaTrader 5 (MT5), PRO Trader
Execution Speed
IC Markets
40 ms
Moneta Markets
15 ms
Scalping
IC Markets
Moneta Markets
Expert Advisors (EAs)
IC Markets
Moneta Markets
Depth of Market (DOM)
IC Markets
Moneta Markets
Spread
IC Markets
low
Moneta Markets
average

Trading Assets

Currencies
IC Markets
61
Moneta Markets
48
Indices
IC Markets
25
Moneta Markets
23
Stocks
IC Markets
2175
Moneta Markets
830
Cryptocurrencies
IC Markets
21
Moneta Markets
57
Bonds
IC Markets
10
Moneta Markets
7
Metals
IC Markets
7
Moneta Markets
5
Energies
IC Markets
5
Moneta Markets
6
Soft Commodities
IC Markets
8
Moneta Markets
5
ETFs
IC Markets
38
Moneta Markets
57

Education and Analytics

Economic Calendar
IC Markets
Moneta Markets
Indicators
IC Markets
Moneta Markets
Robots
IC Markets
Moneta Markets
Signals
IC Markets
Moneta Markets
Autochartist
IC Markets
Moneta Markets
Expert Analytics
IC Markets
Moneta Markets
News Feed
IC Markets
Moneta Markets
Education Articles
IC Markets
Moneta Markets
Webinars
IC Markets
Moneta Markets
Seminars
IC Markets
Moneta Markets

Customer Support

Phone
IC Markets
Moneta Markets
Facebook
IC Markets
Moneta Markets
LinkedIn
IC Markets
Moneta Markets
YouTube
IC Markets
Moneta Markets
Instagram
IC Markets
Moneta Markets
Twitter
IC Markets
Moneta Markets

Which Broker is Better?

After comparing IC Markets and Moneta Markets, IC Markets comes out ahead as our overall pick. It ranks higher in our internal scoring and delivers a stronger balance of pricing (spreads/fees), platform experience, and product range. That said, the runner-up may still be a better fit if you prioritize specific needs—like a particular account type, funding method, or niche instruments. This is not financial advice; always choose a broker that matches your goals and local regulatory requirements.

More Comparisons

Andriy Bondarenko

Andriy Bondarenko

Broker Analyst

Andriy is a seasoned expert in broker reviews with over a decade of experience in finance and trading. Under his leadership, the team produces in-depth and unbiased analyses of leading trading platforms.