

IC Markets vs Moneta Markets (2026): Which Broker Is Actually Better?
We compare IC Markets against Moneta Markets across spreads, regulations, platforms, and trading costs. Read our algorithmic breakdown and expert verdict to find out which broker suits your trading style in 2026.
Which is better: IC Markets or Moneta Markets?
Sources & References
- IC Markets Trading Accounts— IC Markets
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
Verified promotions on this matchup
We keep this factual and secondary to safety, pricing, and platform fit. Terms still matter.

IC Markets
Cashback / RebateUp to $2.50/Lot Rebate + 21% Comm Off
Raw Trader Plus rebate up to $2.50/lot. Save ~$1.50/lot with 21% lifetime commission discount.

Moneta Markets
Deposit Match50% + 20% Deposit Bonus (up to $20,000)
50% on first $1,000 + 20% on additional. 50% cashback bonus also available (min $500).
Verdict: On Par — Both Are Strong Picks
Both IC Markets and Moneta Markets are strong, well-regulated brokers and the matchup is essentially a tie on our weighted scoring. IC Markets is ideal for scalpers, ea traders & low-latency algorithmic trading, while Moneta Markets excels for ecn traders & copy-trading followers across asia-pacific. Your choice should depend on whether you prioritize consistently deepest liquidity and tightest raw spreads (0.0) or fca and asic regulated, not on a meaningful quality gap.
IC Markets vs Moneta Markets: Side-by-Side Comparison
| Feature | ![]() | ![]() |
|---|---|---|
| Founded | 2007 | 2020 |
| Overall Rating | 4.6/5.0 | 4.1/5.0 |
| Minimum Deposit | $200 | $50 |
| EUR/USD Spread | 0.0 pips (Raw) | 0.8 pips (Standard) | 0.0 pips (ECN) |
| Maximum Leverage | 1:1000 (Global) | 1:30 (Retail) | 1:500 |
| MetaTrader 4 | Yes | Yes |
| MetaTrader 5 | Yes | Yes |
| cTrader | Yes | No |
| TradingView | Yes | No |
| Copy Trading | Yes | Yes |
| Forex Pairs | 61 | 45+ |
| Deposit Methods | Card, PayPal, Neteller, Skrill, Wire, Broker-to-Broker | Card, Bank Wire, Crypto, FasaPay, SticPay, UnionPay, JCB |
| Withdrawal Speed | 24-48 hours | 1-2 business days |
| Execution Type | True ECN | ECN / STP |
IC Markets vs Moneta Markets: Fee Breakdown
When comparing the trading costs between IC Markets and Moneta Markets, it's essential to look beyond just the advertised spreads. We must factor in commissions, swap rates, and non-trading fees like deposit or inactivity charges. IC Markets offers pricing characterized by $3.50/lot (Raw Spread) alongside 0.0 pips (Raw) | 0.8 pips (Standard) spreads. In contrast, Moneta Markets utilizes a model with $3/lot (ECN) and 0.0 pips (ECN) spreads. For active, high-volume traders, either broker provides the superior cost-efficiency curve.
| Fee Type | IC Markets | Moneta Markets |
|---|---|---|
| EUR/USD Spread | 0.0 pips (Raw) | 0.8 pips (Standard) | 0.0 pips (ECN) |
| Commission Defaults | $3.50/lot (Raw Spread) | $3/lot (ECN) |
| Execution Model | True ECN | ECN / STP |
| Deposit Fees | None | None |
| Withdrawal Speed | 24-48 hours | 1-2 business days |
Safety & Regulation: Is IC Markets or Moneta Markets Safer?
Trust is paramount in forex trading. Both IC Markets and Moneta Markets are highly regulated entities, but their jurisdictional footprints differ. IC Markets is armed with 2 Tier-1 licenses and has been securing client funds since 2007. Moneta Markets, licensed since 2020, counters with 2 Tier-1 regulatory bodies overseeing its operations. They are evenly matched in terms of top-tier trust metrics. Both brokers employ strict client fund segregation.

IC Markets
Tier 1- Regulators:ASIC (Australia)CySEC (Cyprus)Seychelles FSASCB (Bahamas)
- Investor Protection: ASIC client money rules & European ICF
- Licensed Since: 2007

Moneta Markets
Tier 1- Regulators:FCA (UK)ASIC (Australia)FSCA (South Africa)FSC (Mauritius)
- Investor Protection: Segregated client funds, FSCS (£85k) for UK clients
- Licensed Since: 2020
Platform & Tools Comparison
The software you trade on dictates your execution speed and analytical depth. Both brokers provide industry stalwarts, but divergencies exist. IC Markets equips its clients with MT4, MT5, cTrader, TradingView. Moneta Markets, on the other hand, grants access to MT4, MT5, AppTrader, ProTrader. If you rely on TradingView charting, this section heavily dictates your broker choice.
| Feature | IC Markets | Moneta Markets |
|---|---|---|
| MetaTrader 4 | ||
| MetaTrader 5 | ||
| cTrader | ||
| TradingView | ||
| Proprietary Environment | Yes (AppTrader) | |
| Copy Trading Network |
Pros & Cons: IC Markets vs Moneta Markets

IC Markets
Pros
- Consistently deepest liquidity and tightest raw spreads (0.0)
- Servers located in NY4 & LD5 datacenters for <40ms latency
- No restrictions on scalping, hedging, or EAs
- Excellent support for cTrader and TradingView
- Massive global trading volume
Cons
- Customer service can be slower during peak times
- Protection and leverage depend heavily on your account entity
- Basic research and educational material

Moneta Markets
Pros
- FCA and ASIC regulated
- ECN spreads from 0.0 pips
- Native CopyTrader + DupliTrade copy trading
- Low $50 minimum deposit
- Swap-free on all account types
Cons
- Relatively newer brand vs. legacy competitors
- Ultra ECN tier needs $20,000
Expert Verdict: IC Markets vs Moneta Markets
When we place IC Markets and Moneta Markets side-by-side, we observe two distinct philosophies in client servicing. IC Markets, licensed since 2007, has carved out a massive niche focusing on scalpers, ea traders & low-latency algorithmic trading. Their execution model heavily leans into True ECN, and their platform environment highlights MT4.
Conversely, Moneta Markets, operational out of Melbourne, Australia, has architected its infrastructure predominantly for ecn traders & copy-trading followers across asia-pacific. Their $3/lot (ECN) commission structure combined with 0.0 pips (ECN) spreads makes them a formidable competitor.
The Bottom Line: If your primary directive is consistently deepest liquidity and tightest raw spreads (0.0), and you intend to start with a minimum of $200, IC Markets is the logical path forward. If, however, you value fca and asic regulated and require MT4, Moneta Markets edges out the competition and earns our recommendation.
IC Markets vs Moneta Markets: Frequently Asked Questions
People Also Search For
Ready to Start Trading?
Open a free demo account with either broker to test their platforms risk-free.
Risk Warning: Forex and CFD trading involves significant risk of loss. 68–80% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.|Affiliate Disclosure: We may receive compensation from the brokers listed on this page. This does not influence our rankings or reviews, which are based on independent analysis.
Comparison data updated August 2026. Broker terms, spreads, and conditions vary by region and account type. See our methodology | Editorial Policy | Data Sources | Full Disclaimer | Privacy Policy