Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
Decode FX
$0.00Tightest Spreads
TMGM
From 0.0 pips pipsHighest Leverage
Decode FX
1:Up to 1:500Best Rated
TMGM
Mobile Trading
Both
✓✓General Information
Decode FX
Regulation
ASIC (Australia), VFSC (Vanuatu)
Founded
N/A
Headquarters
Australia
Overall Rating
TMGM
Regulation
FCA (UK), ASIC (Australia), FSC (Mauritius)
Founded
N/A
Headquarters
Australia
Overall Rating
Trading Conditions
| Feature | Decode FX | TMGM |
|---|---|---|
| Minimum Deposit | $0.00 | $100.00 |
| Average Spreads | From 0.0 pips (Pro/ECN accounts) to 1.5 pips (Standard); average EUR/USD ~0.8 pips | From 0.0 pips |
| Maximum Leverage | Up to 1:500 | 1:1000 |
| Commission | None | None |
Account Types
Decode FX
TMGM
Platforms & Tools
Decode FX
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
TMGM
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
Decode FX
Deposit Methods
Credit/Debit Cards (Visa/Mastercard), Bank Wire, Skrill, Neteller, Alipay, Poli, DragonPay, USDT (crypto)
Withdrawal Methods
Same as deposits: Bank Wire (fee-free), Cards/Skrill/Neteller (fees apply), USDT
Withdrawal Fee
None
TMGM
Deposit Methods
💳 Credit/Debit Cards | 🏦 Bank Wire | 💼 Neteller | 💸 Skrill | 🀄 UnionPay | 🇨🇳 RMB Direct | 🌐 FasaPay
Withdrawal Methods
Same as deposit; no withdrawal fee
Withdrawal Fee
None
Support
Decode FX
Support Languages
English, Chinese, Spanish, Arabic, Indonesian (multi-language support via MT4/MT5)
Support Channels
24/5 live chat, email, phone; Responsive weekdays but mixed reviews on speed
Account Manager
Available
TMGM
Support Languages
English, Spanish, French, Portuguese, Italian, Mandarin, Chinese, Indonesian, Malay, Thai, Vietnamese, Korean, Filipino
Support Channels
24/7 support via live chat, email, and phone | Multilingual team for global accessibility | Personal account managers for tailored support | Fast response times, praised for responsiveness
Account Manager
Available
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