Forex Broker Comparison
Detailed side-by-side analysis
Quick Summary
Best for Beginners
XM
$5.00Tightest Spreads
TMGM
From 0.0 pips pipsHighest Leverage
XM
1:Up to 1:1000Best Rated
TMGM
Mobile Trading
Both
✓✓General Information
TMGM
Regulation
FCA (UK), ASIC (Australia), FSC (Mauritius)
Founded
N/A
Headquarters
Australia
Overall Rating
XM
Regulation
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)
Founded
N/A
Headquarters
Cyprus
Overall Rating
Trading Conditions
| Feature | TMGM | XM |
|---|---|---|
| Minimum Deposit | $100.00 | $5.00 |
| Average Spreads | From 0.0 pips | From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard |
| Maximum Leverage | 1:1000 | Up to 1:1000 |
| Commission | None | None |
Account Types
TMGM
XM
Platforms & Tools
TMGM
MetaTrader 4, MetaTrader 5, WebTrader
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
XM
MetaTrader 4, MetaTrader 5
Mobile Trading
Available
Web Trading
Available
VPS Hosting
Available
Social Trading
Available
Payments
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
XM
Deposit Methods
Credit/Debit Cards (Visa/MasterCard), Bank Wire Transfer, Skrill, Neteller, Google Pay, Local Methods (e.g., UnionPay in Asia)
Withdrawal Methods
Same as deposits: Credit/Debit Cards, Bank Wire, Skrill, Neteller (processed same-day for verified accounts)
Withdrawal Fee
None
Support
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
XM
Support Languages
30+ (English, Arabic, Chinese, French, German, Spanish, Japanese, Russian, etc.)
Support Channels
24/5 customer support through live chat, email, and phone, with assistance available in multiple languages.
Account Manager
Not Available
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