Higher Rated
TMGM
Capital at risk · T&Cs apply
Choosing between TMGM and mBank depends on your trading style, preferred markets, and budget. TMGM is headquartered in Melbourne, Australia, while mBank operates from Warsaw, Poland. mBank has the longer track record, established in 2000, compared to TMGM which was founded in 2013. 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
mBank
TMGM is the better choice overall, scoring 3.5/5 vs 3.3/5 on BrokerRank's independent rating. On fees, TMGM offers lower spreads (0 pips).
See full side-by-side comparison belowOverall Rating
TMGM
3.5 vs 3.3
Lowest Fees
Tied
0 vs 0 pips
Regulation
TMGM
2 vs 1 licences
Min. Deposit
mBank
$100 vs $0
TMGM
mBank
TMGM
mBank
Lower feesTMGM holds licences from ASIC, FCA. mBank is regulated by KNF.
Both brokers offer access to Forex, Cfd, Indices, Stocks markets. TMGM additionally covers Commodities. mBank adds Etf.
TMGM supports MT4, MT5. mBank offers Proprietary Web, Proprietary Mobile, mBank Trader.
TMGM requires a minimum deposit of $100, while mBank sets no minimum deposit. This makes mBank accessible to traders with any budget.
BrokerRank scores TMGM at 3.45/5 and mBank at 3.27/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. TMGM leads overall with a clear advantage.
TMGM scores higher overall on our independent rating system. TMGM holds a 3.5/5 rating vs mBank's 3.3/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
TMGM offers spreads from 0 pips, while mBank starts at 0 pips. Check the fees section above for a full breakdown.
TMGM requires a minimum deposit of $100. mBank requires $0.
TMGM is regulated by ASIC, FCA, while mBank holds licences from KNF.
TMGM supports MT4, MT5. mBank supports Proprietary Web, Proprietary Mobile, mBank Trader.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
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58% of Brokers Hold a Single Licence
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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.