Admirals vs TMGM 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
Admirals has the higher TFB Score (88/100 vs 65/100). Admirals is regulated by FCA, ASIC, CySEC; TMGM by ASIC, VFSC, FSA. TFB Score: Admirals 88/100, TMGM 65/100.
Admirals (Admiral Markets) is a forex and CFD broker with FCA, ASIC and CySEC-regulated entities, offering MT4, MT5 and its own web and mobile platform.
TMGM is an Australian-founded CFD broker (since 2013) offering MetaTrader 4 and MetaTrader 5 with EDGE (spreads from 0.0 pips plus commission) and CLASSIC (spreads from 1.0 pips, no commission) accounts, operating through entities regulated by ASIC, the VFSC, the FSA Seychelles, the FSC Mauritius and the CMA Kenya.
Side by side
| Item | Admirals | TMGM |
|---|---|---|
| TFB Score | 88/100â–² | 65/100 |
| Regulation & safety | 34/35â–²3 tier-1 regulators (FCA, ASIC, CySEC), investor compensation | 23/351 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 21/25â–²All-in cost from 0.36 pips | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 18/20â–²Minimum deposit EUR 100 or equivalent (MT4 accounts), 5 deposit methods, 3 withdrawal methods | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 15/20MT4, MT5; leverage up to 1:30 on major FX pairs for retail clients | 15/20MT4, MT5; leverage up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | FCA, ASIC, CySEC | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | EUR 100 or equivalent (MT4 accounts) | $100 (EDGE and CLASSIC) |
| Spreads from | 0.0 pips | Not published |
| Commission | From USD 1.80 per lot per side on Zero.MT5 (forex/metals rate depends on monthly volume) | Not published |
| Max leverage | 1:30 on major FX pairs for retail clients | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Bank transfer, Visa/Mastercard, Skrill | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Admirals review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Admirals or TMGM better?
Admirals has the higher TFB Score (88/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are Admirals and TMGM regulated?
Admirals: FCA, ASIC, CySEC. TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Every licence is linked to the regulator's register on each review.
Which is safer, Admirals or TMGM?
Admirals holds 3 tier-1 licences (FCA, ASIC and CySEC); TMGM holds 1 (ASIC). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
What is the minimum deposit at Admirals and TMGM?
Admirals: EUR 100 or equivalent (MT4 accounts). TMGM: $100 (EDGE and CLASSIC).
Do Admirals and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. Admirals: MT4, MT5, Admirals web platform, Admirals mobile app. TMGM: MT4, MT5.
What is the maximum leverage at Admirals and TMGM?
Admirals: 1:30 on major FX pairs for retail clients. TMGM: up to 1:1000 (international entities; 1:30 for the Australian entity). Leverage depends on the company that opens your account and on your country.
More Admirals comparisons
More TMGM comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning