Higher Rated
FxPro
Capital at risk · T&Cs apply
In this detailed comparison of FxPro and TMGM, we explore the unique offerings and target audiences of these two well-regarded brokers. FxPro, established in 2006 and headquartered in London, appeals to traders seeking a broker with a strong reputation and robust regulatory oversight from the FCA. It is especially attractive to those who value platform variety, including MT4, MT5, and proprietary options. On the other hand, TMGM, based in Melbourne since 2013, is ideal for traders prioritising low-cost trading with raw spreads starting from 0.0 pips, despite a commission charge. Both brokers require a minimum deposit of $100 and offer maximum leverage of 1:500, catering to both novice and experienced traders.
FxPro
TMGM
| FxPro | TMGM | |
|---|---|---|
| BrokerRank Score | 4.1/5 ✓ | 3.5/5 |
| Min. Deposit | $100 | $100 |
| Spread from | 0.6 pips | 0 pips ✓ |
| Max Leverage | 1:500 | 1:500 |
| Regulation | FCA, CySEC, ASIC ✓ | ASIC, FCA |
| Platforms | MT4, MT5, Proprietary Web | MT4, MT5 |
FxPro is the better choice overall, scoring 4.1/5 vs 3.5/5 on BrokerRank's independent rating. On fees, TMGM offers lower spreads (0 pips).
See full side-by-side comparison belowFxPro
WinnerTMGM
FxPro
TMGM
FxPro
4.1/5
Choose FxPro if you want…
TMGM
3.5/5
Choose TMGM if you want…
FxPro scores higher overall on our independent rating system. FxPro holds a 4.1/5 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.
FxPro offers spreads from 0.6 pips, while TMGM starts at 0 pips. Check the fees section above for a full breakdown.
FxPro requires a minimum deposit of $100. TMGM requires $100.
FxPro is regulated by FCA, CySEC, ASIC, while TMGM holds licences from ASIC, FCA.
FxPro supports MT4, MT5, Proprietary Web, Proprietary Mobile. 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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Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.