TMGM vs City Index 2026: Which Broker is Better?
Compare TMGM and City Index side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.
TMGM
City Index
| TMGM | City Index | |
|---|---|---|
| BrokerRank Score | 3.5/5 | 4.1/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips ✓ | 0.5 pips |
| Max Leverage | 1:500 ✓ | 1:200 |
| Regulation | ASIC, FCA | FCA, ASIC, MAS ✓ |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile, MT4 |
City Index 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 belowTMGM vs City Index: Key Differences
TMGM
City Index
WinnerStill deciding between TMGM and City Index?
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Fees Comparison
TMGM
City Index
BrokerRank Verdict
TMGM scores 3.45/5 while City Index scores 4.06/5 in our independent rating.
City Index edges ahead overall, but TMGM may suit traders who prioritise different features. Read our full reviews for a detailed breakdown. Scores are based on our transparent methodology.
Who Should Choose Which?
TMGM
3.5/5
Choose TMGM if you want…
- Tighter spreads (from 0 pips)
- Higher leverage (up to 1:500)
City Index
4.1/5
Choose City Index if you want…
- Higher overall rating (4.1/5)
- No per-trade commission
- No minimum deposit
- More regulatory licences (3)
Also consider
We earn a commission when you open an account through these links, at no extra cost to you. Our ratings are scored independently — see the full independent ranking.
Both TMGM & City Index are available in
Frequently Asked Questions
1Is TMGM better than City Index?
City Index scores higher overall on our independent rating system. TMGM holds a 3.5/5 rating vs City Index's 4.1/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
2Which has lower fees, TMGM or City Index?
TMGM offers spreads from 0 pips, while City Index starts at 0.5 pips. Check the fees section above for a full breakdown.
3What is the minimum deposit for TMGM vs City Index?
TMGM requires a minimum deposit of $100. City Index requires $0.
4Which broker is safer, TMGM or City Index?
TMGM is regulated by ASIC, FCA, while City Index holds licences from FCA, ASIC, MAS.
5What trading platforms do TMGM and City Index support?
TMGM supports MT4, MT5. City Index supports Proprietary Web, Proprietary Mobile, MT4.
6Can I use both TMGM and City 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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BrokerRank Research
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71% of Retail Traders Lose Money
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76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.
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