Broker comparison

Moneta Markets vs.
TMGM

Which broker fits your needs?

Platforms, products and fees side by side.

Updated: October 2026

See comparison

Summary

Your goal decides.

The minimum deposit is lower at Moneta Markets with 50 $. TMGM has been in the market since 2013, making it the more experienced provider. On spreads, Moneta Markets offers EUR/USD from 1.2 pip (Standard), 0.0 pip (Pro/Prime) + $7.00 per lot round turn, while TMGM offers EUR/USD from 0.0 pip (Edge) + $7.00 per lot round turn, 1.0 pip (Standard). TMGM charges no inactivity fee, while the other does.

Australian Forex broker with STP/ECN execution and low spreads

ASIC-regulated Forex broker with fast execution and premium liquidity

At a glance

The key differences

Criterion
PlatformsMT4, MT5, PRO TraderMT4, MT5, IRESS
Product typesForex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDsForex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs
Options tradingNoNo
Fee modelfrom 0.0 pips (ECN) + $3 commission per lotfrom 0.0 pips (Edge account) + $3.50 commission per lot
Minimum deposit50 $100 $
RegulationASIC/FSCAASIC
More informationDetailsDetails

Platforms

Moneta Markets

MT4, MT5, PRO Trader

TMGM

MT4, MT5, IRESS

Product types

Moneta Markets

Forex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDs

TMGM

Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs

Options trading

Moneta Markets

No

TMGM

No

Fee model

Moneta Markets

from 0.0 pips (ECN) + $3 commission per lot

TMGM

from 0.0 pips (Edge account) + $3.50 commission per lot

Minimum deposit

Moneta Markets

50 $

TMGM

100 $

Regulation

Moneta Markets

ASIC/FSCA

TMGM

ASIC

More information

Moneta Markets

Details

Product access and costs depend on market, account and permissions.

Detailed comparison

Comparing fees

Compare total costs, not just the order fee.

from 0.0 pips (ECN) + $3 commission per lot

Published fee
from 0.0 pips (ECN) + $3 commission per lot
Minimum deposit
50 $
Inactivity
$10/month after 12 months of inactivity
See terms at provider

from 0.0 pips (Edge account) + $3.50 commission per lot

Published fee
from 0.0 pips (Edge account) + $3.50 commission per lot
Minimum deposit
100 $
Spread figure
EUR/USD from 0.0 pip (Edge) + $7.00 per lot round turn, 1.0 pip (Standard)
See terms at provider

The relevant costs depend on market, currency, order size and trading style.

Execution quality

Order type, venue and liquidity affect execution.

Check the provider’s execution policy and available order types for your account.

Provider information

Check the provider’s execution policy and available order types for your account.

Provider information

Product range

ForexCFDsIndicesCommoditiesCrypto CFDsStocks CFDs
ForexCFDsIndicesCommoditiesStocks CFDsCrypto CFDs

Categories come from broker profiles. Check specific markets and permissions before deciding.

Trading platforms

MT4 · MT5 · PRO Trader

Moneta Markets offers MetaTrader 4, MetaTrader 5, and the proprietary PRO Trader platform. MT4 and MT5 deliver proven functionality with Expert Advisors and comprehensive charting tools. The PRO Trader platform stands out with modern design, over 80 technical indicators, multi-chart layouts, and an integrated risk management dashboard.

Explore platform

MT4 · MT5 · IRESS

TMGM offers MetaTrader 4, MetaTrader 5, and the professional IRESS platform. MT4 and MT5 deliver proven Forex trading functionality with Expert Advisors. IRESS is the premium offering, enabling direct market access (DMA) to Australian and international stock markets with Level II market depth and professional order types.

Explore platform

Regulation & security

ASIC/FSCA

Regulatory information

Regulation does not prevent market losses. The relevant authority depends on the contracting entity.

Your investor profile

Who might it suit?

Australian Forex broker with STP/ECN execution and low spreads

  • ASIC-regulated with solid reputation
  • Tight spreads from 0.0 pips on ECN account
  • Low minimum deposit of $50
  • Relatively new broker (founded 2018)
  • Support not available 24/7

ASIC-regulated Forex broker with fast execution and premium liquidity

  • ASIC-regulated with premium liquidity access
  • Tight spreads from 0.0 pips on Edge account
  • IRESS platform for direct exchange access
  • Minimum deposit of $100
  • Less known in Europe

Find the broker that fits

Moneta Markets oder TMGM?

Side by side. Decided with knowledge.

See the differences that matter, and the Academy lessons that explain them.

VS
  • Fees
  • Platform
  • Regulation
  • Matching lessons
Two brokers. Many options. Your call.
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Your questions

Frequently asked questions

How do fees differ between Moneta Markets and TMGM?
Moneta Markets: from 0.0 pips (ECN) + $3 commission per lot. TMGM: from 0.0 pips (Edge account) + $3.50 commission per lot. Compare total costs for the specific market, product, currency and order size in the current fee schedule.
Which broker offers more products: Moneta Markets or TMGM?
Moneta Markets offers Forex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDs. TMGM offers Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs.
How are Moneta Markets and TMGM regulated?
The broker profiles list ASIC/FSCA for Moneta Markets and ASIC for TMGM. Your account's contracting entity determines the applicable oversight and protection rules; check its current disclosures.
Is Moneta Markets or TMGM better for beginners?
Moneta Markets lists a 50 $ minimum deposit and offers MT4, MT5, PRO Trader. TMGM lists 100 $ and offers MT4, MT5, IRESS. Compare usability, available products and costs for your intended use.
Moneta Markets vs TMGM: Which broker is better overall?
The choice between Moneta Markets (3.8/5, 430 reviews) and TMGM (3.8/5, 410 reviews) depends on your needs. Moneta Markets: Australian Forex broker with STP/ECN execution and low spreads. TMGM: ASIC-regulated Forex broker with fast execution and premium liquidity.
How do spreads compare between Moneta Markets and TMGM?
Moneta Markets offers typical spreads of EUR/USD from 1.2 pip (Standard), 0.0 pip (Pro/Prime) + $7.00 per lot round turn. TMGM offers EUR/USD from 0.0 pip (Edge) + $7.00 per lot round turn, 1.0 pip (Standard). Tighter spreads reduce trading costs especially for active trading.
Do Moneta Markets or TMGM charge an inactivity fee?
Moneta Markets: $10/month after 12 months of inactivity. TMGM: no inactivity fee.

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