Moneta Markets Vs. TMGM - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Moneta Markets is an international broker that specialises in CFDs trading via MetaTrader 4 and their proprietary platform ProTrader powered by TradingView.

TMGM is an Australian broker specialised in financial derivatives known as contract-for-differences (CFDs). Operating since 2013, TMGM provides trading in forex, stocks, indices, cryptocurrencies and commodities.

• Scalpers looking to take advantage of the spreads and commissions on ECN account
• International traders looking for an off-shore high leverage broker.

• Swing traders who can use high leverage
• Stock traders who do not have access or funds to trade with specialised brokers

• ASIC (Australia)
• FSCA (South Africa)
• FSA (Seychelles)
• SVGFSA (Saint Vincent and the Grenadines)

• ASIC (Australia)
• FMA (New Zealand)
• VFSC (Vanuatu)

• ProTrader platform powered by TradingView
• Competitive commissions on ECN account
• Moneta Markets is part of the Vantage group which holds an ASIC license

• High and flexible leverage
• No deposit or withdrawal fees
• Supports Expert Advisors (EAs), hedging and news trading

• Demo accounts only last 30 days
• Asset offering is extremely low (below 300 instruments)
• Weak regulatory framework with only 1 license
• STP account spreads are really high for industry standards

• Only has financial derivatives (CFDs)
• Inactivity fee is tied to minimum account balance

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Visa
• Mastercard
• FasaPay
• JCB
• SticPay
• Bank Transfer

• Bank Transfer
• Credit cards
• Debit cards
• FasaPay
• Neteller
• RMB Instant
• Revolut
• Paytrust
• Skrill
• Sticpay
• UnionPay
• Wise

AF, AS, AL, AU, BY, BE, BM, BA, BG, BI, CA, CF, HR, CU, CY, CD, ER, FR, GU, IR, IQ, IT, JP, LB, LR, LY, MK, ML, ME, MM, KP, PR, GN, GW, RO, SL, RS, SG, SI, SO, SS, SD, ES, SY, US, UK, VI, VE, YE, ZW. 

US.

$30 fee if there is no activity for 6 months or if the account balance falls below $500.

Commission structure varies as follows:

• No commissions on Direct STP account
• $3 per lot per side commission on Prime ECN account
• $1 per lot per side commission on Ultra ECN account

Yes, from $3.5 per lot round turn