Broker Alarab
Detailed Trading Account Comparison

Trading Account Comparison: IC Markets Raw Provs Moneta Markets Prime ECN

Explore differences in spreads, commissions, deposits and trading conditions, alongside a detailed review of each account's advantages and limitations.

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ACCOUNT OVERVIEW

What Makes IC Markets Raw Pro Different from Moneta Markets Prime ECN?

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.

IC Markets Raw Pro

The IC Markets Raw Pro account is one of the broker’s tight-spread options and is categorized by Broker Alarab for active traders. Spreads range from 0.0–0.1 pips, commission is $1.5 per lot, the minimum deposit is $200 and orders use Market Execution. This positions Raw Pro between Raw Pro+ and Raw Spread as an account that should be compared carefully on spread, commission and trading volume.

Moneta Markets Prime ECN

The Moneta Markets Prime ECN account is the tight-spread option categorized by Broker Alarab for scalpers, EAs and active traders. According to our data, spreads range from 0.0–0.3 pips with a recorded average of 0.1 pip, commission is $6 per lot, the minimum deposit is $50 and the account uses ECN Execution. Prime ECN differs from Direct STP by separating commission from the spread.

SIDE-BY-SIDE COMPARISON

Compare Trading Accounts, Spreads, Commissions and Platforms

Review spreads, commissions, minimum deposits, trading platforms, execution methods and broker-level regulatory information.

IC Markets
Raw Pro
Moneta Markets
Prime ECN

01 — Basic Account Information

Compare the broker, account name, account classification and regulatory information.

Broker

IC Markets
IC Markets
Moneta Markets
Moneta Markets

Account Name

IC Markets
Raw Pro
Moneta Markets
Prime ECN

Account Type

IC Markets
raw
Moneta Markets
raw

Broker Regulatory Licenses

Broker-level regulatory information. Verify which legal entity serves your country.

IC Markets
ASIC | CySEC | FSA | SCB
Moneta Markets
FCA | FSCA | FSC

02 — Spreads and Trading Costs

Compare the recorded trading costs without assuming undocumented pricing.

Advertised Spread Range

IC Markets
0.0 - 0.1
Moneta Markets
0.0 - 0.3

Minimum Recorded Spread

Based on the available account information.

IC Markets
0
Moneta Markets
0

Average Recorded Spread

IC Markets
0.05
Moneta Markets
0.1

Advertised Commission

IC Markets
Not specified
Moneta Markets
Not specified

03 — Deposits and Execution

Review account funding requirements and order execution characteristics.

Minimum Deposit

IC Markets
$200
Moneta Markets
$50

Order Execution Method

IC Markets
Market Execution
Moneta Markets
ECN Execution

Trading Platforms

Available platforms may differ by account type.

IC Markets
MT4 | MT5 | cTrader | TradingView
Moneta Markets
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.

IC Markets
Not classified in this category
Moneta Markets
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

IC Markets
ASIC | CySEC | FSA | SCB
Moneta Markets
FCA | FSCA | FSC

Broker Maximum Leverage

Actual leverage may depend on the account, jurisdiction and legal entity.

IC Markets
1:500
Moneta Markets
1:1000

Open a Trading Account

IC Markets
Open Account ↗
Moneta Markets
Open Account ↗

Information is based on records available to Broker Alarab. Trading conditions may vary by account, country and legal entity.

EXPERT ANALYSIS

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.

IC Markets logo

IC Markets

Raw Pro

Moneta Markets logo

Moneta Markets

Prime ECN

Broker Alarab's Assessment

We see IC Markets Raw Pro as an account that is best evaluated through direct comparison rather than isolated figures. Its 0.0–0.1 pip range is relevant to active traders, but the $1.5-per-lot commission should be compared directly with Raw Pro+ and the other Raw options. With a $200 minimum deposit, effective cost and trading volume become the key decision factors.

Broker Alarab's Assessment

We see Moneta Prime ECN as clearly relevant to scalpers, EAs and active traders, with recorded spreads of 0.0–0.3 pips, a 0.1-pip average and a $50 minimum deposit. The $6 per-lot commission is an essential cost component, however, so it should be compared with Direct STP based on total trading cost rather than the spread difference alone.

Account Advantages

  • ✓Spreads range from 0.0–0.1 pips according to Broker Alarab data
  • ✓Defined commission of $1.5 per lot
  • ✓Categorized for active traders in our account data
  • ✓Minimum deposit is $200
  • ✓Provides tight-spread Raw pricing for traders who prefer it over the Standard model

Account Advantages

  • ✓Recorded spreads range from 0.0–0.3 pips
  • ✓Recorded average spread is 0.1 pip
  • ✓Minimum deposit is $50
  • ✓Categorized for scalpers, EAs and active traders
  • ✓Tighter recorded spread range than Direct STP in Broker Alarab data

Disadvantages and Considerations

  • !Carries a separate $1.5-per-lot commission
  • !A spread starting at 0.0 does not mean zero trading cost
  • !Commission is higher than Raw Pro+ in our data despite the same listed spread range
  • !Traders need to compare several Raw options before determining the most suitable account

Disadvantages and Considerations

  • !A separate $6 per-lot trading commission applies
  • !A spread starting from 0.0 does not mean trading is cost-free
  • !The cumulative impact of commission increases with total trading volume
  • !Traders should compare total costs with Direct STP rather than spreads alone

Who Is This Account Suitable For?

  • •Active traders who prioritize a tight spread range
  • •Traders who prefer Raw pricing with tighter spreads and a separate commission
  • •Users comparing the cost of Raw Pro with Raw Pro+
  • •Frequent traders who calculate transaction costs using actual lot volume

Who Is This Account Suitable For?

  • •Scalpers according to Broker Alarab account categorization
  • •EA and automated-strategy users
  • •Active traders who prioritize tighter spreads
  • •Users able to calculate the impact of per-lot commission on total trading costs

Detailed Account Analysis

IC Markets Raw Pro vs Raw Pro+: What Is the Difference?

According to Broker Alarab data, the accounts share several important characteristics: 0.0–0.1 pip spreads, a $200 minimum deposit and Market Execution. The clear difference in our table is commission. Raw Pro carries a $1.5-per-lot commission, while Raw Pro+ carries $1 per lot. Total traded lots therefore become important when comparing them. As volume rises, the cumulative effect of the $0.50-per-lot difference increases, making expected trading volume central to the comparison.

Is IC Markets Raw Pro Suitable for Active Traders?

Broker Alarab categorizes Raw Pro for active traders, and its 0.0–0.1 pip spread range is relevant to users who pay close attention to repeated entry and exit costs. Active trading also means the $1.5-per-lot commission repeats as volume increases. The tight spread should therefore not be evaluated alone. Total commission and spread costs should be calculated and compared with Standard and the other Raw accounts before determining whether Raw Pro fits the trader’s actual activity.

Raw Pro vs Raw Spread: Which Cost Structure Is Stronger?

Raw Pro uses 0.0–0.1 pip spreads with a $1.5-per-lot commission in our data, while Raw Spread uses 0.0–0.3 pips with a $7-per-lot commission. Both have a $200 minimum deposit. These figures make comparison important, but suitability cannot be determined from one spread or commission figure alone. Trading volume, strategy and transaction frequency determine how much each pricing difference actually affects the trader.

Detailed Account Analysis

What Are the Moneta Prime ECN Spread and Commission?

The recorded Prime ECN spread ranges from 0.0–0.3 pips with a 0.1-pip average, while commission is $6 per lot according to Broker Alarab data. The account therefore cannot be evaluated using the 0.0-pip figure alone. Traders should combine spread, commission and trading volume to form a more complete view of costs.

Moneta Prime ECN for Scalping and EA Trading

Broker Alarab categorizes Prime ECN for scalpers, EAs and active traders. Its 0.0–0.3 pip recorded spread range makes the pricing structure particularly relevant to this search intent, but the $6 per-lot commission means frequent traders should calculate the cumulative commission generated by their total trading volume.

Prime ECN vs Ultra ECN: What Is the Difference?

Prime ECN starts from $50 and has recorded spreads of 0.0–0.3 pips with a $6 per-lot commission. Ultra ECN requires $20,000 but has a 0.0–0.2 pip recorded range and a $2 per-lot commission. Ultra therefore represents a substantially different capital tier, while Prime ECN remains more accessible in terms of deposit requirement.

Important details about the IC Markets Raw Pro account

Raw Pro commission is $1.5 per lot in our data

Broker Alarab data lists a $1.5-per-lot commission for the account. It should be combined with the spread effect when calculating total trading cost.

A 0.0–0.1 pip spread does not mean cost-free trading

Even when the spread reaches the lower end of the listed range, commission remains part of the pricing structure. Spread and commission should therefore be evaluated together.

Raw Pro and Raw Pro+ require a direct comparison

Both accounts have the same spread range and minimum deposit in our data, while their commissions differ. Trading volume therefore becomes central to the comparison.

Important details about the Moneta Markets Prime ECN account

The recorded commission is $6 per lot

Commission is a separate component of Prime ECN pricing and should be calculated together with the spread and total trading volume.

0.0 pips does not mean zero cost

The recorded spread ranges from 0.0–0.3 pips with a 0.1-pip average, but the commission means trading is not cost-free.

The minimum deposit is $50

This is the account requirement recorded by Broker Alarab and is the same as Direct STP. It is not a recommendation for suitable trading capital.

Read the Full Account Review →
Read the Full Account Review →
DECISION GUIDE

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.

01

Compare Spreads and Commissions Together

The recorded spread for IC Markets Raw Pro is 0.0 - 0.1, while Moneta Markets Prime ECN shows 0.0 - 0.3. Evaluating overall trading costs also requires checking commission rates, pricing units, instruments and position sizes.

02

Review Minimum Deposit Requirements

The recorded minimum deposit for IC Markets Raw Pro is $200, compared with $50 for Moneta Markets Prime ECN. A lower deposit requirement may provide more flexibility, but it does not automatically make an account better.

03

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.

04

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.

FREQUENTLY ASKED QUESTIONS

FAQs About IC Markets Raw Pro vs Moneta Markets Prime ECN

Answers to common questions about account comparisons, trading costs and account conditions.

What is the difference between IC Markets Raw Pro and Moneta Markets Prime ECN?+
The recorded spread for IC Markets Raw Pro is 0.0 - 0.1, compared with 0.0 - 0.3 for Moneta Markets Prime ECN. The advertised commissions are Not specified and Not specified, respectively. You should also consider execution conditions, deposit requirements and account availability.
Is the account with the lowest spread always better?+
Not necessarily. Trading costs should be evaluated using both spreads and commissions, while considering the financial instrument, position size and execution conditions.
Can I compare two accounts from the same broker?+
Yes. Broker Alarab allows traders to compare accounts from the same broker or from different brokers.
How can I verify the trading conditions?+
Review the broker's official account specifications, applicable legal entity and trading conditions. Spreads, commissions and leverage may vary by instrument, account and jurisdiction.
What is the IC Markets Raw Pro account?+
The IC Markets Raw Pro account is one of the broker’s tight-spread options and is categorized by Broker Alarab for active traders. According to our data, spreads range from 0.0–0.1 pips, commission is $1.5 per lot, the minimum deposit is $200 and orders use Market Execution. The account is particularly relevant to compare with Raw Pro+ because their spread ranges match while commission differs.
What is the IC Markets Raw Pro spread and commission?+
According to Broker Alarab data, IC Markets Raw Pro spreads range from 0.0–0.1 pips and commission is $1.5 per lot. A spread reaching 0.0 does not mean the transaction has zero cost because commission remains a direct pricing component. Spread and commission should therefore be calculated together, particularly for active traders operating at higher volume or frequency.
What is the IC Markets Raw Pro minimum deposit?+
The IC Markets Raw Pro minimum deposit listed in Broker Alarab data is $200. This matches the minimum currently stored for the other IC Markets accounts in our table. The $200 amount represents the account requirement in our database and should not be interpreted as a recommendation for suitable trading capital or risk management.
What is the difference between IC Markets Raw Pro and Raw Pro+?+
Both accounts have 0.0–0.1 pip spreads, a $200 minimum deposit and Market Execution according to our data. The main difference is commission: Raw Pro carries a $1.5-per-lot commission, while Raw Pro+ carries a $1-per-lot commission. Trading volume and the total number of lots therefore become important when comparing their effective costs.
What is the Moneta Markets Prime ECN account?+
Prime ECN is the Moneta Markets account categorized by Broker Alarab for scalpers, EAs and active traders. Recorded spreads range from 0.0–0.3 pips with a 0.1-pip average, commission is $6 per lot, the minimum deposit is $50 and the account uses ECN Execution.
What is the Moneta Prime ECN commission?+
The commission recorded for Prime ECN in Broker Alarab data is $6 per lot. This commission should be evaluated alongside the recorded 0.0–0.3 pip spread range, particularly for active traders generating higher trading volume.

Explore Both Trading Accounts in Detail

Review the full account information, compare trading conditions and verify the broker's requirements before opening an account.

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