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Moneta Markets vs TMGM 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of Moneta Markets vs TMGM, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

Moneta Markets
4/5 Stars Overall
  • Minimum Deposit: $50
  • Trust Score: 79
  • Tradeable Symbols (Total): 1016
TMGM
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 83
  • Tradeable Symbols (Total): 12000

CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

Regulation

Moneta Markets was established in 2009 and holds a respectable position among online brokers with a trust score of 79, as rated by ForexBrokers.com. This score places it in the average risk category. Moneta Markets boasts one Tier-1 license, enhancing its credibility, and one Tier-2 license, which is also considered trusted. While not publicly traded and not a bank, the broker maintains a solid regulatory stance that appeals to cautious investors.

Founded in 2013, TMGM has garnered a trust score of 83, which categorizes it as a trusted broker. It holds two Tier-1 licenses, providing a significant edge in terms of regulatory trust. However, TMGM does not possess any Tier-2 licenses. Similar to Moneta Markets, TMGM is not publicly traded nor is it a bank. This regulatory composition makes TMGM a compelling choice for traders seeking higher trust in their broker.

Feature Moneta Markets logoMoneta Markets
TMGM logoTMGM
Year Founded info 2009 2013
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 1 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2

Fees

Comparing commissions and fees, Moneta Markets offers more account choices while TMGM keeps things simpler. Moneta Markets earns 4.5 out of 5 stars and ranks #17 of 63 for Commissions and Fees, while TMGM holds 4 out of 5 stars and ranks #37 of 63. Both brokers provide a spread-only option and a commission-based option, but their pricing details and transparency differ.

Moneta Markets has three accounts: Direct STP (spread-only), Prime ECN, and Ultra ECN. The Direct STP account averaged 1.38 pips on EUR/USD in August 2023. The Prime ECN account averaged 0.194 pips on EUR/USD plus a $3-per-side commission ($6 round-trip), for an all-in cost near 0.79 pips—slightly below the industry average. The Ultra ECN tier tightens costs further with a $2 round-trip commission ($1 per side) but requires a $20,000 deposit. Despite these options, Moneta Markets’ pricing still trails the very cheapest forex brokers.

TMGM offers two accounts: the Classic (spread-only) and the Edge (commission-based). The Edge account charges $3.50 per side ($7 round-trip) on top of prevailing spreads and advertises no requotes; however, recent average spread data for EUR/USD is not available—something the most competitive brokers typically publish to help assess costs. Islamic (swap-free) accounts are available only on the Edge account, not the Classic.

Feature Moneta Markets logoMoneta Markets
TMGM logoTMGM
Minimum Deposit info $50 $100
Average Spread EUR/USD - Standard info 1.38 info N/A info
All-in Cost EUR/USD - Active info 0.79 info N/A info
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Moneta Markets and TMGM both let you trade forex as CFDs or spot contracts and support copy trading. The main difference is scale: Moneta Markets lists 1,016 tradeable symbols and 45 forex pairs, while TMGM offers 12,000 symbols and 62 currency pairs. Neither broker provides access to exchange-traded shares (non-CFDs) on U.S. or international exchanges. Both also avoid selling actual cryptocurrency, but each offers crypto derivatives for trading.

For range of investments, TMGM scores higher with 4.5/5 stars and ranks #18 out of 63 brokers on ForexBrokers.com, compared with Moneta Markets at 4/5 stars and #36. If you want the widest market selection, TMGM stands out; if you’re fine with a smaller lineup plus copy trading and CFD/spot forex, Moneta Markets is a practical alternative.

Feature Moneta Markets logoMoneta Markets
TMGM logoTMGM
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1016 12000
Forex Pairs (Total) info 45 62
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

Moneta Markets vs TMGM: both provide free demo (paper) accounts and rely on third-party platforms rather than proprietary software. Each supports MetaTrader 4 and MetaTrader 5, with access via Windows desktop downloads and web-based platforms. Copy trading is available at both brokers; however, only Moneta Markets connects with DupliTrade, while neither offers ZuluTrade. In the Trading Platforms and Tools category, both earn 4 stars, with Moneta Markets ranked 34th of 63 brokers and TMGM ranked 49th.

For charting and layout, both let you place trades directly from the chart. Moneta Markets lists 78 drawing tools compared with 15 at TMGM, which may appeal to traders who annotate price action. Watchlists also differ: Moneta Markets offers 4 fields (columns) versus 7 at TMGM. Indicator counts were not specified, so your choice may hinge on whether you value more drawing tools (Moneta Markets) or more watchlist fields (TMGM), all supported by the familiarity of MT4/MT5 and the convenience of a demo account at either broker.

Feature Moneta Markets logoMoneta Markets
TMGM logoTMGM
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info Yes No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 105 30
Charting - Drawing Tools (Total) info 78 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 4 7

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

Moneta Markets and TMGM both deliver capable mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, real-time quotes in watchlists, drawing tools like trendlines, multiple time frames (intraday through weekly), auto-saving of chart drawings, and 30 built-in technical studies for charting and analysis.

The standout difference is watchlist syncing: Moneta Markets syncs watchlists between the mobile app and your online account, while TMGM does not. Both earn 4-star ratings for Mobile Trading Apps, but Moneta Markets ranks higher on ForexBrokers.com (#36 out of 63) compared with TMGM (#48 out of 63). If seamless cross-device watchlists matter to you, Moneta Markets has the edge; otherwise, their mobile features are largely on par.

Feature Moneta Markets logoMoneta Markets
TMGM logoTMGM
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Moneta Markets and TMGM both deliver daily market commentary, top-tier forex news (from sources like Bloomberg, Reuters, or Dow Jones), and an easy-to-use economic calendar. Each broker offers Trading Central tools and a sentiment gauge that shows the ratio of long vs. short positions. Neither includes Autochartist or TipRanks. One key difference: TMGM adds research from Acuity Trading (such as Signal Centre), while Moneta Markets does not.

For overall quality, Moneta Markets holds a 4-star Research rating and ranks 33rd out of 63 brokers at ForexBrokers.com. TMGM earns 3.5 stars and ranks 54th out of 63. If you value Trading Central, sentiment data, and strong editorial coverage, Moneta Markets edges ahead. If you specifically want Acuity Trading signals alongside daily commentary and premium news, TMGM is worth a look.

Feature Moneta Markets logoMoneta Markets
TMGM logoTMGM
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When comparing the educational resources for beginners offered by Moneta Markets and TMGM, it's clear that Moneta Markets provides a more comprehensive suite of educational tools. Moneta Markets equips traders with over ten pieces of educational content focused on forex and CFDs, including articles, videos, and archived webinars. In contrast, TMGM does not meet this standard. Furthermore, Moneta Markets enriches the learning experience with beginner-friendly educational videos and advanced trading videos, while TMGM lacks such a collection. Both brokers offer a searchable archive of past webinars and an extensive investor dictionary, ensuring newcomers have access to essential trading terms and insights.

Despite not offering monthly webinars, Moneta Markets manages to earn higher recognition, receiving a 4-star rating for its educational offerings, while TMGM trails slightly with 3.5 stars. In global rankings for education by ForexBrokers.com, Moneta Markets stands at position 33 out of 63 brokers, indicating a stronger presence in providing quality educational content when compared to TMGM, which is ranked at 54. This orientation towards educating beginners positions Moneta Markets as a more favorable choice for those starting in online trading.

Feature Moneta Markets logoMoneta Markets
TMGM logoTMGM
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that Moneta Markets is better than TMGM. Moneta Markets finished with an overall rank of #35, while TMGM finished with an overall rank of #37.

Moneta Markets is a new brand under parent company Vantage Group, which offers traders the MetaTrader suite of platforms as well as a basic web and mobile app. While it does support a decent range of third-party features, Moneta Markets has lackluster research and educational offerings, and its pricing is average.

Feature Moneta Markets logoMoneta Markets
TMGM logoTMGM
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 79 83
Range of Investments 4/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with Moneta Markets or TMGM?

Both Moneta Markets and TMGM do not offer the option to buy actual, delivered cryptocurrency, but they do provide the ability to trade cryptocurrency derivatives.

What funding options does each broker offer?

When comparing online brokers Moneta Markets and TMGM, it's important to note that while both offer Visa, Mastercard, and bank wire options for depositing or withdrawing account funds, only TMGM provides additional flexibility with PayPal and Skrill, as neither broker supports ACH or SEPA transfers.




announcementPlease note:

We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.

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Compare

0 of 5
Overall Rating Moneta Markets TMGM
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 79 83
Winner check_circle
Review Moneta Markets Review TMGM Review
Broker Screenshots Moneta Markets TMGM
Broker Gallery (click to expand) info
Regulation Moneta Markets TMGM
Trust Score info 79 83
Year Founded info 2009 2013
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info No info
Tier-1 Licenses info 1 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2
Tier-1 Licenses (Highly Trusted) Moneta Markets TMGM
Australia (ASIC Authorised) info No Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No Yes
Regulated in one or more EU or EEA countries (MiFID). info No info No info
Tier-2 Licenses (Trusted) Moneta Markets TMGM
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments Moneta Markets TMGM
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1016 12000
Forex Pairs (Total) info 45 62
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info Yes Yes
Disclaimers Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients).
Cost Moneta Markets TMGM
Average Spread EUR/USD - Standard info 1.38 info N/A info
All-in Cost EUR/USD - Active info 0.79 info N/A info
Active Trader or VIP Discounts info No No
Inactivity Fee info No Yes
Execution: Agency Broker info No Yes
Execution: Market Maker info Yes Yes
Funding Moneta Markets TMGM
Minimum Deposit info $50 $100
PayPal (Deposit/Withdraw) info No Yes
Skrill (Deposit/Withdraw) info No Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms Moneta Markets TMGM
Proprietary Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info Yes No
ZuluTrade info No No
Trading Tools Moneta Markets TMGM
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 4 7
Charting - Indicators / Studies (Total) info 105 30
Charting - Drawing Tools (Total) info 78 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Moneta Markets TMGM
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research Moneta Markets TMGM
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
TipRanks info No No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education Moneta Markets TMGM
Education (Forex or CFDs) info Yes No
Client Webinars info No No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Moneta Markets TMGM
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Moneta Markets Review TMGM Review
Overall Moneta Markets TMGM
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 4/5 Stars 4.5/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 79 83
Winner check_circle
Review Moneta Markets Review TMGM Review
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