Choosing between TMGM and Rakuten Securities depends on your trading style, preferred markets, and budget. TMGM is headquartered in Melbourne, Australia, while Rakuten Securities operates from Tokyo, Japan. Rakuten Securities has the longer track record, established in 1999, 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
Rakuten Securities
| TMGM | Rakuten Securities | |
|---|---|---|
| BrokerRank Score | 3.5/5 | 3.5/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:3 |
| Regulation | ASIC, FCA ✓ | FSA |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile, MarketSpeed II |
Rakuten Securities is the better choice overall, scoring 3.5/5 vs 3.5/5 on BrokerRank's independent rating. On fees, TMGM offers lower spreads (0 pips).
See full side-by-side comparison belowTMGM
Rakuten Securities
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TMGM
Rakuten Securities
Lower feesTMGM holds licences from ASIC, FCA. Rakuten Securities is regulated by FSA.
Both brokers offer access to Forex, Indices, Stocks markets. TMGM additionally covers Cfd, Commodities. Rakuten Securities adds Etf, Crypto.
TMGM supports MT4, MT5. Rakuten Securities offers Proprietary Web, Proprietary Mobile, MarketSpeed II.
TMGM requires a minimum deposit of $100, while Rakuten Securities sets no minimum deposit. This makes Rakuten Securities accessible to traders with any budget.
BrokerRank scores TMGM at 3.45/5 and Rakuten Securities at 3.42/5, based on 50+ data points covering regulation, fees, platforms, markets, and user experience. TMGM leads overall with a marginal advantage.
TMGM
3.5/5
Choose TMGM if you want…
Rakuten Securities
3.5/5
Choose Rakuten Securities if you want…
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Rakuten Securities scores higher overall on our independent rating system. TMGM holds a 3.5/5 rating vs Rakuten Securities's 3.5/5. 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 Rakuten Securities starts at 0 pips. Check the fees section above for a full breakdown.
TMGM requires a minimum deposit of $100. Rakuten Securities requires $0.
TMGM is regulated by ASIC, FCA, while Rakuten Securities holds licences from FSA.
TMGM supports MT4, MT5. Rakuten Securities supports Proprietary Web, Proprietary Mobile, MarketSpeed II.
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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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.
Higher Rated
Rakuten Securities
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