City Index is better than Moneta Markets.
Trying to decide between City Index and Moneta Markets? We’ve taken the guesswork out of the equation with our Comparison Tool. Use our tool to compare hundreds of data points, side-by-side, to see how these two brokers stack up against each other.
| Overall Rating | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Overall Rating | 8.7 / 10 | 7.3 / 10 | 8.2 / 10 |
| Account Type | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Standard Account | Yes | Yes | Yes |
| Mini Account | Yes | Yes | Yes |
| Micro Account | Yes | Yes | Yes |
| Islamic Account | No | Yes | Yes |
| Copy Trading | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Social Trading / Copy Trading | Yes | Yes | Yes |
| DupliTrade | No | Yes | Yes |
| ZuluTrade | No | No | Yes |
| Cryptocurrency | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Cryptocurrency (Physical) | No | No | No |
| Crypto Trading | No | No | No |
| Bitcoin | Yes | Yes | Yes |
| ethereum | Yes | Yes | Yes |
| Forex Trading | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Indices (Index CFDs) | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| DAX | Yes | Yes | Yes |
| Dow Jones | Yes | Yes | Yes |
| FTSE | Yes | Yes | Yes |
| NASDAQ 100 | Yes | Yes | Yes |
| Nikkei | Yes | Yes | Yes |
| SP 500 | Yes | Yes | Yes |
| Investments | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Forex Trading | No | No | No |
| Trading - Forex or CFDs | Yes | Yes | Yes |
| Spread Betting | Yes | No | Yes |
| Social Trading / Copy Trading | Yes | Yes | Yes |
| Metals | Yes | Yes | Yes |
| Energies | Yes | Yes | Yes |
| Agriculturals | Yes | Yes | Yes |
| ETF | Yes | No | No |
| U.S. Stocks (CFD) | Yes | Yes | Yes |
| Trading Platforms | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Android App | No | No | No |
| Apple iOS App | Yes | Yes | Yes |
| Proprietary Platform | Yes | No | Yes |
| Desktop Platform (Windows) | No | No | No |
| Web Platform | No | No | No |
| MetaTrader 4 (MT4) | Yes | Yes | Yes |
| MetaTrader 5 (MT5) | No | Yes | Yes |
| Regulatory Licenses | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Tier-1 Licenses | 3 | 2 | 4 |
| ASIC Authorised (Australia) | Yes | Yes | Yes |
| IIROC Authorised (Canada) | No | No | Yes |
| FCA Authorised (U.K.) | Yes | Yes | No |
| SFC Authorised (Hong Kong) | No | No | No |
| MAS Authorised (Singapore) | Yes | No | No |
| FINMA Authorised (Switzerland) | No | No | No |
| CFTC Registered (USA) | No | No | No |
| Tier-2 Licenses | 1 | 0 | 3 |
| Tier-3 Licenses | 0 | 0 | 1 |
| Research, Education | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Trading Central (Recognia) | Yes | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes | Yes |
| Daily Market Commentary | Yes | Yes | Yes |
| Autochartist | No | No | No |
| Investor Dictionary (Glossary) | Yes | No | Yes |
| Videos - Beginner Trading Videos | Yes | Yes | Yes |
| Client Webinars (Archived) | Yes | No | Yes |
| Trading Costs | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Minimum Deposit | £100.00 | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.1 (August 2021) | 1.22 (August 2021) | 0.91 (Aug 2020) |
| All-in Cost EUR/USD - Active | 1.1 (August 2021) | 0.75 (August 2021) | 0.61 (Aug 2020) |
| Active Trader or VIP Discounts | Yes | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | Yes |
| PayPal (Deposit/Withdraw) | Yes | No | Yes |
| Trading Tools | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Watchlists - Total Fields | 20 | 4 | 6 |
| Mobile Watchlist | Yes | Yes | Yes |
| Charting - Indicators / Studies (Total) | 139 | 48 | 90 |
| Mobile Charting - Indicators / Studies (INTL) | 88 | 30 | 73 |
| Trust Factors | City Index | Moneta Markets | AvaTrade |
|---|---|---|---|
| Year Founded | 1983 | 2009 | 2006 |
| Publicly Traded (Listed) | Yes | No | No |
| Bank | No | No | No |
| Authorised in European Union | Yes | Yes | Yes |
| Trust Score | 99 | 83 | 93 |
