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Side-by-Side Comparison Independent Updated Oct 2, 2026

TMGM vs Capital Index 2026: Which Broker is Better?

Choosing between TMGM and Capital Index depends on your trading style, preferred markets, and budget. TMGM is headquartered in Melbourne, Australia, while Capital Index operates from London, UK. TMGM has the longer track record, established in 2013, compared to Capital Index which was founded in 2014. This in-depth comparison covers regulation, fees, platforms, markets, and overall ratings to help you decide which broker is the better fit in 2026.

TMGM

Capital Index

Higher ratedTMGM logo

TMGM

3.5/ 5
Visit TMGM →Full review
VS
TMGMCapital Index
BrokerRank Score3.5/5 ✓3.2/5
Min. Deposit$100$100
Spread from0 pips0 pips
Max Leverage1:5001:500
RegulationASIC, FCA ✓FCA
PlatformsMT4, MT5MT4, MT5
Quick VerdictBrokerRank recommends
Best for Beginners
TMGMCapital Index
Best for Low Fees
TMGMCapital Index
Best for Regulation
TMGMCapital Index
Best Overall
TMGMCapital Index
Quick Answer

TMGM is the better choice overall, scoring 3.5/5 vs 3.2/5 on BrokerRank's independent rating. On fees, TMGM offers lower spreads (0 pips).

See full side-by-side comparison below

TMGM vs Capital Index: Key Differences

Feature

TMGM

Winner

Capital Index

Our Rating
3.5 / 5
3.2 / 5
Min. Deposit
$100
$100
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
$3/lot
Regulated By
Platforms
MT4, MT5
MT4, MT5
Markets
Forex, Cfd, Indices, Commodities, Stocks
Forex, Cfd, Indices, Commodities, Crypto
Founded
2013
2014
Headquarters
Melbourne, Australia
London, UK
Score
2 / 3
1 / 3

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Fees Comparison

Fee

TMGM

Capital Index

Lower fees
Spread From
0 pips
0 pips
Commission
$3.5/lot
$3/lot
Deposit Fee
None
None
Withdrawal Fee
None
None

Regulation & Trust

TMGM holds licences from ASIC, FCA. Capital Index is regulated by FCA.

Markets & Assets

Both brokers offer access to Forex, Cfd, Indices, Commodities markets. TMGM additionally covers Stocks. Capital Index adds Crypto.

Trading Platforms

TMGM supports MT4, MT5. Capital Index offers MT4, MT5. Both brokers are available on MT4, MT5.

Minimum Deposit

TMGM requires a minimum deposit of $100, while Capital Index sets a minimum deposit of $100. Both are suitable for traders with moderate starting capital.

Overall Ratings

BrokerRank scores TMGM at 3.45/5 and Capital Index at 3.21/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. TMGM leads overall with a clear advantage.

BrokerRank Verdict

TMGM is our recommended pick in this comparison, scoring 3.45/5 versus Capital Index's 3.21/5. TMGM holds more tier-1 licences (ASIC, FCA), offering stronger regulatory protection. Capital Index is still a solid option for traders who prefer Capital Index's specific platform or market selection, but TMGM offers a stronger overall package for the majority of traders.

Who Should Choose Which?

TMGM

TMGM

3.5/5

Top pick

Choose TMGM if you want…

  • Higher overall rating (3.5/5)
  • More regulatory licences (2)
  • More established (est. 2013)
Capital Index

Capital Index

3.2/5

Choose Capital Index if you want…

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80% of retail CFD accounts lose money.

Both TMGM & Capital Index are available in

Frequently Asked Questions

1

Is TMGM better than Capital Index?

TMGM scores higher overall on our independent rating system. TMGM holds a 3.5/5 rating vs Capital Index's 3.2/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.

2

Which has lower fees, TMGM or Capital Index?

TMGM offers spreads from 0 pips, while Capital Index starts at 0 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for TMGM vs Capital Index?

TMGM requires a minimum deposit of $100. Capital Index requires $100.

4

Which broker is safer, TMGM or Capital Index?

TMGM is regulated by ASIC, FCA, while Capital Index holds licences from FCA.

5

What trading platforms do TMGM and Capital Index support?

TMGM supports MT4, MT5. Capital Index supports MT4, MT5.

6

Can I use both TMGM and Capital Index?

Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.

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