Deriv vs TMGM 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
Deriv has the higher TFB Score (76/100 vs 65/100). Deriv is regulated by MFSA; TMGM by ASIC, VFSC, FSA. TFB Score: Deriv 76/100, TMGM 65/100.
Deriv is a CFD and options broker with entities licensed by the MFSA, LFSA, VFSC and BVI FSC, offering Deriv MT5, Deriv cTrader, TradingView, Deriv Trader and Deriv Bot.
70.78% of retail CFD accounts lose money with this provider.
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 | Deriv | TMGM |
|---|---|---|
| TFB Score | 76/100▲ | 65/100 |
| Regulation & safety | 28/35▲1 tier-1 regulator (MFSA), investor compensation | 23/351 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 15/25▲Spreads not published (counted as neutral); no commission | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 16/20▲Minimum deposit USD 5 (lowest per-method minimum on the payment methods page; Mastercard USD 10), 7 deposit methods, 1 withdrawal method | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 17/20▲MT5, cTrader, TradingView; leverage up to 1:1000 on Deriv MT5 Standard/Swap-free (non-EU entities) | 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 | MFSA | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | USD 5 (lowest per-method minimum on the payment methods page; Mastercard USD 10) | $100 (EDGE and CLASSIC) |
| Spreads from | Zero spread (Zero Spread account on Deriv MT5; Standard and Swap-free accounts have variable spreads, no minimum published) | Not published |
| Commission | commission-free CFD trading (TradingView, Deriv MT5 and Deriv cTrader) | Not published |
| Max leverage | Up to 1:1000 on Deriv MT5 Standard/Swap-free (non-EU entities) | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Same method as deposit (cards, e-wallets, crypto, Deriv P2P) | Not published |
| Retail accounts losing money | 70.78% | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Deriv review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Deriv or TMGM better?
Deriv has the higher TFB Score (76/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are Deriv and TMGM regulated?
Deriv: MFSA. TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Every licence is linked to the regulator's register on each review.
Which is safer, Deriv or TMGM?
Deriv holds 1 tier-1 licence (MFSA); 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 Deriv and TMGM?
Deriv: USD 5 (lowest per-method minimum on the payment methods page; Mastercard USD 10). TMGM: $100 (EDGE and CLASSIC). Deriv asks for less to start.
Do Deriv and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 5. Deriv: Deriv MT5, Deriv cTrader, TradingView, Deriv Trader, Deriv Bot. TMGM: MT4, MT5.
What is the maximum leverage at Deriv and TMGM?
Deriv: Up to 1:1000 on Deriv MT5 Standard/Swap-free (non-EU entities). 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 Deriv 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. At Deriv, 70.78% of retail investor accounts lose money when trading CFDs with that provider. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning