Skip to main content
Side-by-Side Comparison Independent Updated Oct 27, 2026

TMGM vs IG Group 2026: Which Broker is Better?

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

TMGM

IG Group

VS
TMGMIG Group
BrokerRank Score3.5/54.3/5 ✓
Min. Deposit$100 ✓$250
Spread from0 pips ✓0.6 pips
Max Leverage1:500 ✓1:200
RegulationASIC, FCAFCA, ASIC, MAS ✓
PlatformsMT4, MT5Proprietary Web, Proprietary Mobile, MT4
Quick VerdictBrokerRank recommends
Best for Beginners
TMGMIG Group
Best for Low Fees
TMGMIG Group
Best for Regulation
IG GroupTMGM
Best Overall
IG GroupTMGM
Quick Answer

IG Group is the better choice overall, scoring 4.3/5 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 IG Group: Key Differences

Feature

TMGM

IG Group

Winner
Our Rating
3.5 / 5
4.3 / 5
Min. Deposit
$100
$250
Max Leverage
Spread From
0 pips
0.6 pips
Commission
$3.5/lot
None
Regulated By
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile, MT4
Markets
Forex, Cfd, Indices, Commodities, Stocks
Cfd, Forex, Stocks, Indices, Commodities, Crypto
Founded
2013
1974
Headquarters
Melbourne, Australia
London, UK
Score
2 / 5
3 / 5

Still deciding between TMGM and IG Group?

Skip the back-and-forth — answer 4 quick questions and we'll match you to your best fit.

Matching for:Travelling or on a VPN? Change it.
Find my match

Fees Comparison

Fee

TMGM

IG Group

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

BrokerRank Verdict

TMGM scores 3.45/5 while IG Group scores 4.33/5 in our independent rating.

IG Group 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)
  • Lower minimum deposit ($100)
  • Higher leverage (up to 1:500)
IG Group

IG Group

4.3/5

Top pick

Choose IG Group if you want…

  • Higher overall rating (4.3/5)
  • 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.

#1ForTrade logo
ForTrade
4.3
FCA
Visit
#2FxPro logo
FxPro
4.1
FCA
Visit
#4Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#5AvaTrade logo
AvaTrade
4.0
MAS
Visit

Both TMGM & IG Group are available in

Frequently Asked Questions

1

Is TMGM better than IG Group?

IG Group scores higher overall on our independent rating system. TMGM holds a 3.5/5 rating vs IG Group's 4.3/5. 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 IG Group?

TMGM offers spreads from 0 pips, while IG Group starts at 0.6 pips. Check the fees section above for a full breakdown.

3

What is the minimum deposit for TMGM vs IG Group?

TMGM requires a minimum deposit of $100. IG Group requires $250.

4

Which broker is safer, TMGM or IG Group?

TMGM is regulated by ASIC, FCA, while IG Group holds licences from FCA, ASIC, MAS, SEC.

5

What trading platforms do TMGM and IG Group support?

TMGM supports MT4, MT5. IG Group supports Proprietary Web, Proprietary Mobile, MT4.

6

Can I use both TMGM and IG Group?

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

Key Trading Terms

Related Guides

More Comparisons

BrokerRank Research

Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.

Featured

Deriv

4.0
Open Account

Capital at risk · T&Cs apply