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Side-by-Side Comparison Independent Updated Oct 16, 2026

TMGM vs Forex.com 2026: Which Broker is Better?

Compare TMGM and Forex.com side by side on fees, regulation, platforms and our expert ratings. Find out which broker suits your needs.

TMGM

Forex.com

VS
TMGMForex.com
BrokerRank Score3.5/54.4/5 ✓
Min. Deposit$100$100
Spread from0 pips ✓0.8 pips
Max Leverage1:500 ✓1:200
RegulationASIC, FCAFCA, CFTC, ASIC ✓
PlatformsMT4, MT5MT4, MT5, Proprietary Web
Quick VerdictBrokerRank recommends
Best for Beginners
TMGMForex.com
Best for Low Fees
TMGMForex.com
Best for Regulation
Forex.comTMGM
Best Overall
Forex.comTMGM
Quick Answer

Forex.com is the better choice overall, scoring 4.4/5 vs 3.5/5 on BrokerRank's independent rating. On fees, TMGM offers lower spreads (0 pips).

See full side-by-side comparison below

TMGM vs Forex.com: Key Differences

Feature

TMGM

Forex.com

Winner
Our Rating
3.5 / 5
4.4 / 5
Min. Deposit
$100
$100
Max Leverage
Spread From
0 pips
0.8 pips
Commission
$3.5/lot
None
Platforms
MT4, MT5
MT4, MT5, Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Stocks
Forex, Cfd, Stocks, Indices, Commodities, Crypto
Founded
2013
1999
Headquarters
Melbourne, Australia
Bedminster, USA
Score
1 / 4
3 / 4

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Fees Comparison

Fee

TMGM

Forex.com

Spread From
0 pips
0.8 pips
Commission
$3.5/lot
None
Deposit Fee
None
None
Withdrawal Fee
None
None

BrokerRank Verdict

TMGM scores 3.45/5 while Forex.com scores 4.40/5 in our independent rating.

Forex.com 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

TMGM

3.5/5

Choose TMGM if you want…

  • Tighter spreads (from 0 pips)
  • Higher leverage (up to 1:500)
Forex.com

Forex.com

4.4/5

Top pick

Choose Forex.com if you want…

  • Higher overall rating (4.4/5)
  • No per-trade commission
  • More regulatory licences (4)
  • More market types (6)

Also consider

View all rankings

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.

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4.3
FCA
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FxPro
4.1
FCA
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#5AvaTrade logo
AvaTrade
4.0
MAS
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#6Plus500 logo
Plus500
4.0
MAS
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80% of retail CFD accounts lose money.

Both TMGM & Forex.com are available in

Frequently Asked Questions

1

Is TMGM better than Forex.com?

Forex.com scores higher overall on our independent rating system. TMGM holds a 3.5/5 rating vs Forex.com's 4.4/5. 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 Forex.com?

TMGM offers spreads from 0 pips, while Forex.com starts at 0.8 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for TMGM vs Forex.com?

TMGM requires a minimum deposit of $100. Forex.com requires $100.

4

Which broker is safer, TMGM or Forex.com?

TMGM is regulated by ASIC, FCA, while Forex.com holds licences from FCA, CFTC, ASIC, MAS.

5

What trading platforms do TMGM and Forex.com support?

TMGM supports MT4, MT5. Forex.com supports MT4, MT5, Proprietary Web, Proprietary Mobile.

6

Can I use both TMGM and Forex.com?

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

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