Moneta Markets
Pros
- Regulated by FCA and ASIC alongside three additional regulators
- Client funds held in segregated accounts with Lloyds insurance
- ECN spreads from 0.0 pips with low $50 minimum deposit
- Over 1,000 tradable instruments across multiple asset classes
- No deposit or inactivity fees
- MT4 and MT5 plus proprietary AppTrader mobile platform
- Negative balance protection
- Copy trading available via DupliTrade and ZuluTrade
Cons
- Demo account limited to 30 days
- Best ECN pricing (Ultra ECN) requires $20,000 minimum deposit
- Subsequent bank transfer withdrawals cost $20 per transaction
- Not available to US residents
- Some educational and research tools are gated behind a funded account requirement
- Offshore FSA (Seychelles) entity offers weaker regulatory protections
- Original ProTrader platform discontinued; replacement ProTrader V2 had not launched as of early 2026