
Trading Account Comparison: Exness Raw Spreadvs Moneta Markets Direct STP
Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.


Direct STP
What Makes Exness Raw Spread Different from Moneta Markets Direct STP?
Before comparing the numbers, it is important to understand the purpose of each account and the conditions that may make it suitable for different traders.
Exness Raw Spread
The Exness Raw Spread account targets traders who place a high priority on tighter spreads and are comfortable with a pricing model that includes a separate commission. Its value is better assessed through total transaction cost rather than spread alone, making it especially relevant to scalping, active trading and strategies where small differences in entry and exit costs can matter.
Moneta Markets Direct STP
The Moneta Markets Direct STP account is categorized by Broker Alarab for beginners and traders who prefer commission-free pricing. According to our data, spreads range from 1.2–1.6 pips with a recorded average of 1.4 pips, the separate commission is $0, the minimum deposit is $50 and the account uses STP Execution. Direct STP differs from Prime ECN and Ultra ECN through spread-based pricing without a separate commission.
Compare Trading Accounts, Spreads, Commissions and Platforms
Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.
01 — Basic Account Information
Compare the broker, account name, account classification and regulatory information.
Broker
Account Name
Account Type
Broker Regulatory Licenses
Broker-level regulatory information. Verify which legal entity serves your country.
02 — Spreads and Trading Costs
Compare the recorded trading costs without assuming undocumented pricing.
Advertised Spread Range
Minimum Recorded Spread
Based on the available account information.
Average Recorded Spread
Advertised Commission
03 — Deposits and Execution
Review account funding requirements and order execution characteristics.
Minimum Deposit
Order Execution Method
Trading Platforms
Available platforms may differ by account type.
04 — Account Features and Conditions
Review relevant account characteristics and trading suitability.
Scalping Suitability
An internal classification, not a guarantee of suitability.
05 — Broker Information and Regulation
Broker-level information does not guarantee that every license applies to the selected account.
Listed Regulatory Licenses
Broker Maximum Leverage
Actual leverage may depend on the account, jurisdiction and legal entity.
Open a Trading Account
Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.
| Comparison Criteria | Exness Raw Spread | Moneta Markets Direct STP |
|---|---|---|
01 — Basic Account Information Compare the broker, account name, account classification and regulatory information. | ||
| Broker | Exness | Moneta Markets |
| Account Name | Raw Spread | Direct STP |
| Account Type | raw | standard |
| Broker Regulatory Licenses Broker-level regulatory information. Verify which legal entity serves your country. | FCA | CySEC | FSCA | JSC | FCA | FSCA | FSC |
02 — Spreads and Trading Costs Compare the recorded trading costs without assuming undocumented pricing. | ||
| Advertised Spread Range | 0.0 – 0.3 | 1.2 - 1.6 |
| Minimum Recorded Spread Based on the available account information. | 0 | 1.2 |
| Average Recorded Spread | 0.1 | 1.4 |
| Advertised Commission | Not specified | $0 |
03 — Deposits and Execution Review account funding requirements and order execution characteristics. | ||
| Minimum Deposit | $200 | $50 |
| Order Execution Method | Market Execution | STP Execution |
| Trading Platforms Available platforms may differ by account type. | MT4 | MT5 | MT4 | MT5 | AppTrader |
04 — Account Features and Conditions Review relevant account characteristics and trading suitability. | ||
| Scalping Suitability An internal classification, not a guarantee of suitability. | Classified as suitable for scalping | Not classified in this category |
05 — Broker Information and Regulation Broker-level information does not guarantee that every license applies to the selected account. | ||
| Listed Regulatory Licenses | FCA | CySEC | FSCA | JSC | FCA | FSCA | FSC |
| Broker Maximum Leverage Actual leverage may depend on the account, jurisdiction and legal entity. | 1:2000 | 1:1000 |
| Open a Trading Account | Open Account ↗ | Open Account ↗ |
Broker Alarab's Assessment of Both Accounts
We review each account independently, highlighting strengths, limitations and the types of traders it may suit, without declaring an unsupported winner.

Exness
Raw Spread

Moneta Markets
Direct STP
Broker Alarab's Assessment
Raw Spread is a more specialized account than Standard or Pro. We see it as suitable for traders who understand how commissions and spreads affect total costs and whose strategies benefit from lower spreads. The correct comparison should be based on the complete transaction cost rather than the spread figure alone.
Broker Alarab's Assessment
We see Moneta Markets Direct STP as distinguished by its straightforward pricing and accessible entry requirement: a $50 minimum deposit and $0 separate commission. The trade-off is a recorded 1.2–1.6 pip spread range, wider than the ECN accounts. It is therefore more relevant to traders prioritizing simple pricing over obtaining the tightest possible spread.
Account Advantages
- ✓Low spreads suitable for cost-sensitive strategies
- ✓Suitable for active traders
- ✓Can be practical for scalping strategies
- ✓Clear pricing structure combining spreads and commissions
- ✓Designed for more experienced traders
Account Advantages
- ✓No separate trading commission according to Broker Alarab data
- ✓Minimum deposit is $50
- ✓Categorized for beginners and commission-free trading
- ✓Straightforward pricing based primarily on the spread
- ✓Substantially lower deposit requirement than Ultra ECN
Disadvantages and Considerations
- !Trading commissions must be considered alongside spreads
- !More complex than commission-free accounts
- !Not necessarily the lowest-cost option for every instrument or strategy
- !May not be the most suitable choice for beginners
Disadvantages and Considerations
- !The recorded spread range is wider than Prime ECN and Ultra ECN
- !No separate commission does not mean trading is cost-free
- !The 1.2-pip minimum does not represent the complete recorded spread range
- !Active traders should compare total costs with Prime ECN
Who Is This Account Suitable For?
- •Active traders
- •Traders using scalping strategies
- •Those who place a high priority on low spreads
- •Traders comfortable calculating spreads and commissions together
Who Is This Account Suitable For?
- •Beginners according to Broker Alarab account categorization
- •Traders who prefer pricing without a separate commission
- •Users seeking a Moneta account with a $50 minimum deposit
- •Traders who prefer a cost structure based primarily on the spread
Detailed Account Analysis
Raw Spread vs Standard
Raw Spread and Standard use different cost models. Standard relies on spreads without a direct trading commission, while Raw Spread aims to provide lower spreads while adding a trading commission. Standard can therefore be easier for traders who prefer simple pricing, whereas Raw Spread may become more attractive to frequent traders who genuinely benefit from lower spreads after including commission in the total transaction cost.
Raw Spread vs Pro
Pro offers a model without a direct commission and more competitive spreads than basic accounts, while Raw Spread separates more of the trading cost between the spread and commission. The choice depends on instruments, trading volume and frequency. Traders prioritizing simplicity may prefer Pro, while those highly sensitive to spread costs may favor Raw Spread after comparing the complete transaction cost under both pricing models.
Raw Spread vs Zero
Both accounts target traders focused on reducing spread-related costs, but their pricing and commissions vary by account and instrument. There is therefore no single answer that applies to every trader. A better comparison is to select the instruments normally traded and calculate both spread and commission under each account. This helps determine whether Raw Spread or Zero is more cost-efficient for the trader's actual strategy.
Detailed Account Analysis
Moneta Direct STP vs Prime ECN: How Does Pricing Differ?
Both accounts have a $50 minimum deposit in Broker Alarab data, but their pricing structures differ. Direct STP has recorded spreads of 1.2–1.6 pips with a 1.4-pip average and no separate commission, while Prime ECN has 0.0–0.3 pip spreads with a 0.1-pip average and a $6 per-lot commission. Total costs should therefore be compared according to trading style and volume.
Is the Moneta Markets Direct STP Account Commission-Free?
The separate commission recorded for Direct STP by Broker Alarab is $0. This does not mean trading cost is zero because the recorded spread ranges from 1.2–1.6 pips with a 1.4-pip average. The spread is therefore the primary listed component when evaluating account costs.
What Is the Moneta Direct STP Minimum Deposit?
The recorded minimum deposit is $50, the same requirement recorded for Prime ECN and substantially below the $20,000 required for Ultra ECN. This figure represents an account requirement and should not be interpreted as a recommendation for suitable trading capital or risk management.
Important details about the Exness Raw Spread account
Low spreads with a separate commission
Raw Spread separates more of the trading cost from the spread and charges it as a per-lot commission. For this reason, traders should compare the combined spread-and-commission cost rather than choosing the account based on spread alone.
Commission depends on the instrument
Exness states that Raw Spread commission can be up to USD 3.50 per lot per side on most instruments, with the exact amount depending on the instrument traded. Commission applies to both directions of the trade, so contract specifications should be checked.
Designed for more active trading
Exness positions Raw Spread for experienced traders, combining ultra-low spreads with market execution and no general limit on the number of open positions. This structure makes it relevant for scalping, active trading and spread-sensitive strategies.
Important details about the Moneta Markets Direct STP account
The separate commission is $0
There is no separate trading commission according to Broker Alarab data, but the 1.2–1.6 pip spread remains a direct component of trading cost.
The recorded average spread is 1.4 pips
The recorded minimum is 1.2 pips and the range extends to 1.6 pips, so both the range and average provide more context than the starting figure alone.
The minimum deposit is $50
This is the account requirement recorded in our data, the same as Prime ECN, and it is not a recommendation for appropriate trading capital.
How to Choose the Right Trading Account
Numbers alone are not enough. Account suitability depends on your trading strategy, capital, financial instruments and the conditions applicable to you.
Compare Spreads and Commissions Together
The recorded spread for Exness Raw Spread is 0.0 – 0.3, while Moneta Markets Direct STP shows 1.2 - 1.6. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.
Review Minimum Deposit Requirements
The recorded minimum deposit for Exness Raw Spread is $200, compared with $50 for Moneta Markets Direct STP. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.
Compare Trading Platforms and Execution
Check which trading platforms each broker actually offers for the selected account, including MetaTrader 4 or MetaTrader 5 where supported. Also review execution policies and potential slippage. Availability and conditions may vary by account and country.
Verify Regulation and Eligibility
Confirm the legal entity that will serve your account, the regulatory framework applicable to that entity, and whether the selected account is available in your country.
FAQs About Exness Raw Spread vs Moneta Markets Direct STP
Answers to common questions about account comparisons, trading costs and account conditions.
What is the difference between Exness Raw Spread and Moneta Markets Direct STP?+
Is the account with the lowest spread always better?+
Can I compare two accounts from the same broker?+
How can I verify the trading conditions?+
What is the Exness Raw Spread account and who is it suitable for?+
How much is the commission on the Exness Raw Spread account?+
What is the difference between Exness Raw Spread and Zero?+
Is the Exness Raw Spread account good for scalping?+
What is the Moneta Markets Direct STP account?+
What is the Moneta Direct STP spread?+
Explore Both Trading Accounts in Detail
Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.
