Skip to main content
Side-by-Side Comparison Independent Updated Oct 2, 2026

TMGM vs InvestEngine 2026: Which Broker is Better?

Choosing between TMGM and InvestEngine depends on your trading style, preferred markets, and budget. TMGM is headquartered in Melbourne, Australia, while InvestEngine operates from London, UK. TMGM has the longer track record, established in 2013, compared to InvestEngine which was founded in 2019. 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

InvestEngine

Higher ratedTMGM logo

TMGM

3.5/ 5
Visit TMGM →Full review
VS
TMGMInvestEngine
BrokerRank Score3.5/5 ✓3.2/5
Min. Deposit$100$0 ✓
Spread from0 pips0 pips
Max Leverage1:500 ✓1:1
RegulationASIC, FCA ✓FCA
PlatformsMT4, MT5Proprietary Web, Proprietary Mobile
Quick VerdictBrokerRank recommends
Best for Beginners
InvestEngineTMGM
Best for Low Fees
TMGMInvestEngine
Best for Regulation
TMGMInvestEngine
Best Overall
TMGMInvestEngine
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 InvestEngine: Key Differences

Feature

TMGM

InvestEngine

Our Rating
3.5 / 5
3.2 / 5
Min. Deposit
$100
$0
Max Leverage
Spread From
0 pips
0 pips
Commission
$3.5/lot
None
Regulated By
Platforms
MT4, MT5
Proprietary Web, Proprietary Mobile
Markets
Forex, Cfd, Indices, Commodities, Stocks
Stocks
Founded
2013
2019
Headquarters
Melbourne, Australia
London, UK
Score
2 / 4
2 / 4

Still deciding between TMGM and InvestEngine?

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

InvestEngine

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

Regulation & Trust

TMGM holds licences from ASIC, FCA. InvestEngine is regulated by FCA.

Markets & Assets

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

Trading Platforms

TMGM supports MT4, MT5. InvestEngine offers Proprietary Web, Proprietary Mobile.

Minimum Deposit

TMGM requires a minimum deposit of $100, while InvestEngine sets no minimum deposit. This makes InvestEngine accessible to traders with any budget.

Overall Ratings

BrokerRank scores TMGM at 3.45/5 and InvestEngine at 3.19/5, 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 InvestEngine's 3.19/5. TMGM holds more tier-1 licences (ASIC, FCA), offering stronger regulatory protection. Traders with smaller budgets may find InvestEngine's lower minimum deposit of $0 more accessible. InvestEngine is still a solid option for beginners starting with a smaller initial capital, 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)
  • Higher leverage (up to 1:500)
  • More regulatory licences (2)
  • More market types (5)
InvestEngine

InvestEngine

3.2/5

Choose InvestEngine if you want…

  • No per-trade commission
  • No minimum deposit

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
#3AvaTrade logo
AvaTrade
4.0
MAS
Visit
#4Plus500 logo
Plus500
4.0
MAS
Visit

80% of retail CFD accounts lose money.

#6XM logo
XM
3.9
Visit

Both TMGM & InvestEngine are available in

Frequently Asked Questions

1

Is TMGM better than InvestEngine?

TMGM scores higher overall on our independent rating system. TMGM holds a 3.5/5 rating vs InvestEngine'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 InvestEngine?

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

3

What is the minimum deposit for TMGM vs InvestEngine?

TMGM requires a minimum deposit of $100. InvestEngine requires $0.

4

Which broker is safer, TMGM or InvestEngine?

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

5

What trading platforms do TMGM and InvestEngine support?

TMGM supports MT4, MT5. InvestEngine supports Proprietary Web, Proprietary Mobile.

6

Can I use both TMGM and InvestEngine?

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