TMGM
Monex
VS
Compare
TMGM
Capital at risk · T&Cs apply
Choosing between TMGM and Monex depends on your trading style, preferred markets, and budget. TMGM is headquartered in Melbourne, Australia, while Monex operates from Tokyo, Japan. Monex has the longer track record, established in 1999, compared to TMGM which was founded in 2013. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.
TMGM
Monex
| TMGM | Monex | |
|---|---|---|
| BrokerRank Score | 3.5/5 ✓ | 3.4/5 |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:3 |
| Regulation | ASIC, FCA | FSA, SEC |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile, TradeStation JP |
TMGM (3.5/5) and Monex (3.4/5) are closely matched. TMGM has lower spreads; the better pick depends on your priorities.
See full side-by-side comparison belowTMGM
Monex
WinnerTMGM
Monex
Lower feesTMGM holds licences from ASIC, FCA. Monex is regulated by SEC, FSA.
Both brokers offer access to Forex, Stocks markets. TMGM additionally covers Cfd, Indices, Commodities. Monex adds Etf, Crypto.
TMGM supports MT4, MT5. Monex offers Proprietary Web, Proprietary Mobile, TradeStation JP.
TMGM requires a minimum deposit of $100, while Monex sets no minimum deposit. This makes Monex accessible to traders with any budget.
BrokerRank scores TMGM at 3.45/5 and Monex at 3.42/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. TMGM leads overall with a marginal advantage.
TMGM
3.5/5
Choose TMGM if you want…
Monex
3.4/5
Choose Monex if you want…
TMGM (3.5/5) and Monex (3.4/5) are closely matched on our independent rating scale. The better choice depends on your priorities — fees, regulation, platforms, or available markets. See the full comparison above.
TMGM offers spreads from 0 pips, while Monex starts at 0 pips. Check the fees section above for a full breakdown.
TMGM requires a minimum deposit of $100. Monex requires $0.
TMGM is regulated by ASIC, FCA, while Monex holds licences from FSA, SEC.
TMGM supports MT4, MT5. Monex supports Proprietary Web, Proprietary Mobile, TradeStation JP.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
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BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.