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
XM
Regulation
ASIC (Australia), CySEC (Cyprus), DFSA (Dubai, UAE)
Founded
N/A
Headquarters
Cyprus
Overall Rating
TMGM
Regulation
FCA (UK), ASIC (Australia), FSC (Mauritius)
Founded
N/A
Headquarters
Australia
Overall Rating
Trading Conditions
| Feature | XM | TMGM |
|---|---|---|
| Minimum Deposit | $5.00 | $100.00 |
| Average Spreads | From 0.6 pips (Ultra Low/Zero accounts); average 1 pip on Standard | From 0.0 pips |
| Maximum Leverage | Up to 1:1000 | 1:1000 |
| Commission | None | None |
Account Types
XM
TMGM
Platforms & Tools
XM
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
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
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
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
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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