CMC Markets
TMGM
VS
Higher Rated
CMC Markets
Capital at risk · T&Cs apply
In this comparison, we explore the key differences between CMC Markets and TMGM, two prominent brokers in the trading industry. CMC Markets, established in 1989 and headquartered in London, appeals to traders seeking a comprehensive range of over 10,000 instruments and a robust proprietary platform, with no minimum deposit requirement. On the other hand, TMGM, based in Melbourne and founded in 2013, attracts traders interested in raw spreads from 0.0 pips and a solid selection of stock CFDs, though it requires a minimum deposit of $100. Both brokers are regulated by ASIC and FCA, offering a secure trading environment with a maximum leverage of 1:500.
CMC Markets
TMGM
| CMC Markets | TMGM | |
|---|---|---|
| BrokerRank Score | 4.0/5 ✓ | 3.5/5 |
| Min. Deposit | $0 ✓ | $100 |
| Spread from | 0.7 pips | 0 pips ✓ |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, ASIC, MAS ✓ | ASIC, FCA |
| Platforms | Proprietary Web, Proprietary Mobile, MT4 | MT4, MT5 |
CMC Markets is the better choice overall, scoring 4.0/5 vs 3.5/5 on BrokerRank's independent rating. On fees, TMGM offers lower spreads (0 pips).
See full side-by-side comparison belowCMC Markets
WinnerTMGM
CMC Markets
TMGM
CMC Markets
4.0/5
Choose CMC Markets if you want…
TMGM
3.5/5
Choose TMGM if you want…
CMC Markets scores higher overall on our independent rating system. CMC Markets holds a 4.0/5 rating vs TMGM's 3.5/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
CMC Markets offers spreads from 0.7 pips, while TMGM starts at 0 pips. Check the fees section above for a full breakdown.
CMC Markets requires a minimum deposit of $0. TMGM requires $100.
CMC Markets is regulated by FCA, ASIC, MAS, while TMGM holds licences from ASIC, FCA.
CMC Markets supports Proprietary Web, Proprietary Mobile, MT4. TMGM supports MT4, MT5.
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.