Moneta Markets vs GBE brokers 2024

Trust Score is a data-driven rating system that provides an at-a-glance rating of a broker’s overall trust by tracking 60+ brokers and over 100 regulatory jurisdictions across the globe. To make things clearer for everyday traders, we’ve created a five-tier system for regulators and Trust Score rating labels. Learn more about Trust Score, and check out our country guides to see the most trusted brokers in your country of residence.

Moneta Markets has a Trust Score of 72, giving it a "Average Risk" Trust Score Label.

GBE brokers has a Trust Score of 71, giving it a "Average Risk" Trust Score Label.

Moneta Markets, part of the Vantage Group, is an up-and-coming brand that provides the full MetaTrader trading platform suite (MT4and MT5) alongside its own apps for web (WebTrader) and mobile (AppTrader); it's worth noting, however, that the broker's WebTrader and AppTrader platforms lack integrated trading tools. Fans of social copy trading will appreciate that Moneta provides access to both ZuluTrade and Duplitrade. That said, Moneta's pricing, education, and research still have plenty of room to improve.

Founded in 2013 and based in Cyprus, GBE Brokers offers the full MetaTrader suite (both MT4 and MT5) as well as a decent range of markets (500 available symbols). That said, GBE's lack of significant regulatory licenses (outside of Cyprus) brings down its overall Trust Score rating.

Tier-1 is reserved for the strictest, most stringent regulatory jurisdictions in the world. Tier-1 regulators impose additional capital requirements and require a tougher initial screening process. Moneta Markets holds regulatory licenses in the following Tier-1 jurisdictions: Australia (ASIC Authorised). GBE brokers, on the other hand, is licensed in these Tier-1 regulatory jurisdictions: none. Neither have Canada (CIRO Authorised), Hong Kong (SFC Authorised), CBI Authorised (Ireland), Japan (SFC Authorised), Singapore (MAS Authorised), New Zealand (FMA Authorised), Switzerland (FINMA Authorised), United Kingdom (U.K.) (FCA Authorised) and USA (CFTC Authorized)

Tier-2 and tier-3 licenses are still important in evaluating the overall trustworthiness of forex brokers. As far as tier-2 licenses go, Moneta Markets is South Africa (FSCA Authorised), while GBE brokers is Cyprus (CySEC Authorised).. Neither have China (CBRC Authorised), India (SEBI Authorised), Israel (ISA Authorised), Russia (CBR Authorised), Thailand (SEC Authorised) and UAE (DFSA/Central Bank Authorised). When comparing tier-3 licenses Moneta Markets is none, while GBE brokers is British Virgin Islands (FSC Authorised).. Neither have Bahamas (SCB Authorised), Belize (FSC Authorised), Bermuda (BMA Authorised), Cayman Islands (CIMA Authorised), Mauritius (FSC Authorised) and Vanuatu (VFSC Authorised).

Whether your broker develops its own proprietary platforms or provides access to popular third-party platforms, you should make sure you can use your preferred type of trading platform. In our testing, we found that Moneta Markets offers a Desktop Platform (Windows) and ZuluTrade, whereas GBE brokers supports a Desktop Platform (Windows). Neither have Proprietary Platform, cTrader and DupliTrade

Both Moneta Markets and GBE brokers offer the whole MetaTrader suite, which consists of both MetaTrader 4 and MetaTrader 5. If you’re new to MetaTrader 4 here’s our educational guide on how to use MT4.

Moneta Markets requires a minimum deposit of $50, while GBE brokers requires a minimum deposit of $500. It's also important to ensure your broker accepts the funding options and deposit methods that work best for you. In our research, we've found that Moneta Markets supports Bank Wire (Deposit/Withdraw) and Visa/Mastercard (Credit/Debit) for funding and deposit methods, whereas GBE brokers supports Bank Wire (Deposit/Withdraw), Visa/Mastercard (Credit/Debit), PayPal (Deposit/Withdraw) and Skrill (Deposit/Withdraw)

When choosing a forex broker, it’s important to consider each broker’s available investment products and tradeable asset classes. We’ve researched each broker’s individual offering of investments to help you pick the right broker for what you want to trade. During our testing, we found that Moneta Markets delivers a more diverse selection of investment options than GBE brokers, offering tradeable asset classes and investment types such as Forex Trading (Spot or CFDs), Social Trading / Copy Trading, Metals, Energies, Agriculturals, ETF and U.S. Stocks (CFD). Neither have Spread Betting.

We also keep track of each broker’s total number of tradeable symbols; Moneta Markets offers 1016, and GBE brokers offers a total of 500 tradeable symbols.

Crypto trading has become popular among forex traders across a range of international jurisdictions. As a result, many forex brokers now offer crypto products to their clients; most crypto assets are offered either as an underlying physical asset (such as when you own actual bitcoin assets, for example) or as a derivative product like a CFD. If you are looking to trade physical cryptocurrencies, you’ll find that neither Moneta Markets nor GBE brokers allow you to trade physical cryptocurrencies.

Market research plays a huge role in any forex trader’s ability to conduct analysis within the global forex market. We test each broker’s research offering to help you decide which broker is right for your technical or fundamental analysis needs. Moneta Markets delivers the following research tools: Daily Market Commentary, Stock Charts, Forex News (Top-Tier Sources), Trading Central (Recognia) and Social Trading / Copy Trading. GBE brokers, on the other hand, provides the tools listed here: Daily Market Commentary, Stock Charts and Social Trading / Copy Trading. Neither have Autochartist

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