Moneta Markets
ASIC/FSCA
TMGM
ASIC
Moneta Markets vs TMGM
Head-to-Head Comparison 2026
Our Verdict
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.
Comparison Table
| Criteria | Moneta Markets | TMGM |
|---|---|---|
| Rating | 3.8/5 (430 reviews) | 3.8/5 (410 reviews) |
| Regulation | ASIC/FSCA | ASIC |
| Fees | from 0.0 pips (ECN) + $3 commission per lot | from 0.0 pips (Edge account) + $3.50 commission per lot |
| Min. Deposit | 50 $ | 100 $ |
| Instruments | Forex, CFDs, Indices, Commodities, Crypto CFDs, Stocks CFDs | Forex, CFDs, Indices, Commodities, Stocks CFDs, Crypto CFDs |
| Platforms | MT4, MT5, PRO Trader | MT4, MT5, IRESS |
| Options Trading | No | No |
| Spread (typical) | EUR/USD from 1.2 pip (Standard), 0.0 pip (Pro/Prime) + $7.00 per lot round turn | EUR/USD from 0.0 pip (Edge) + $7.00 per lot round turn, 1.0 pip (Standard) |
| Inactivity Fee | $10/month after 12 months of inactivity | None |
| Founded | 2018 | 2013 |
| Headquarters | Sydney | Sydney |
Detailed Comparison
Fee Comparison
Moneta Markets: from 0.0 pips (ECN) + $3 commission per lot. Minimum deposit: 50 $. Spread: EUR/USD from 1.2 pip (Standard), 0.0 pip (Pro/Prime) + $7.00 per lot round turn. Inactivity fee: $10/month after 12 months of inactivity.
TMGM: from 0.0 pips (Edge account) + $3.50 commission per lot. Minimum deposit: 100 $. Spread: EUR/USD from 0.0 pip (Edge) + $7.00 per lot round turn, 1.0 pip (Standard).
Product Range
Moneta Markets (6 categories)
TMGM (6 categories)
Trading Platforms
Moneta Markets
- MT4
- MT5
- PRO Trader
TMGM
- MT4
- MT5
- IRESS
Regulation & Security
Moneta Markets is regulated by ASIC/FSCA (HQ: Sydney).
TMGM is regulated by ASIC (HQ: Sydney).
Who Is It For?
Moneta Markets
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
TMGM
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
Frequently Asked Questions
Is Moneta Markets or TMGM cheaper?
Which broker offers more products: Moneta Markets or TMGM?
Which broker is better regulated?
Is Moneta Markets or TMGM better for beginners?
Moneta Markets vs TMGM: Which broker is better overall?
How do spreads compare between Moneta Markets and TMGM?
Do Moneta Markets or TMGM charge an inactivity fee?
Moneta Markets
Australian Forex broker with STP/ECN execution and low spreads
Open Account →From 50 $ min. deposit
TMGM
ASIC-regulated Forex broker with fast execution and premium liquidity
Open Account →From 100 $ min. deposit