TMGM
Forex.com
Our Rating
70
61
TMGM don't provide % of clients who lose money
72% of retail investor accounts lose money when trading CFDs

Regulations and Licenses

Feature
TMGM
Forex.com
ASIC (Australia)
FCA (UK)
NFA or CFTC (USA)
CYSEC (Cyprus)
CIRO / IIROC (Canada)
FMA (New Zealand)
Other Regulators

Brokerage

Feature
TMGM
Forex.com
EUR/USD Avg. Raw Spread
0.10
-
GBP/USD Avg. Raw Spread
0.42
-
AUD/USD Avg. Raw Spread
0.21
-
EUR/USD Standard Spread
1.0
1.2
EUR/USD Fixed Spreads
-
-
GBP/USD Avg. Standard Spread
1.32
1.6
AUD/USD Avg. Standard Spread
1.11
1.4
Commissions (USD Base)
$3.50
$6.00
Minimum Deposit
$100
$100
Swap Free Account
No Inactivity Fees
Funding Methods
5+
4+
No Funding Fees

Markets and Instruments

Feature
TMGM
Forex.com
Currency Pairs
60+
80+
Cryptocurrency CFDs*
12+
8+
Index CFDs
15+
15+ (Standard Account)
Share CFDs
12,000+
220+ (Standard Account)
Commodities CFD
5+
26+
Stockbroking
-
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max Leverage (Australia)
500:1
-
Retail Max. Leverage (United Kingdom)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (United Kingdom)
-
400:1
Retail Max. Leverage (Europe)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max. Leverage (Europe)
-
400:1
Retail Max. Leverage (USA)
-
Spot 50:1
Futures 6.25:1
Retail Max. Leverage (Canada)
-
Major Pairs 33:1
Minor Pairs 17:1
Retail Max. Leverage (With offshore regulators)
Major Pairs 200:1
-

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
TMGM
Forex.com
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

TMGM
Forex.com
Our Rating
700
610
 

How Do FOREX.com Vs TMGM Compare?

Our full comparison covers the 10 most important trading factors, but here are five key differences between TMGM and FOREX.com:

  • TMGM offers an average spread of 1.16 for the top 5 most traded forex pairs, narrower than FOREX.com’s 1.66.
  • TMGM’s average raw spread is 0.26, which is highly competitive, whereas FOREX.com’s raw spread data is not available.
  • TMGM is regulated by ASIC, VFSC, and FMA, while FOREX.com holds regulation from FCA, NFA/CFTC, CIRO, MAS, JFSA, and CIMA.
  • FOREX.com provides both MetaTrader 4 and MetaTrader 5, while TMGM currently offers only MetaTrader 4.
  • TMGM requires a minimum deposit of $100 to open an account, identical to FOREX.com’s requirement.