FOREX.com vs TMGM 2026
By Akash · Facts last confirmed (UTC) · 37 of 42 facts confirmed on the brokers’ own pages
FOREX.com has the higher TFB Score (81/100 vs 65/100). FOREX.com is regulated by FCA, NFA/CFTC; TMGM by ASIC, VFSC, FSA. TFB Score: FOREX.com 81/100, TMGM 65/100.
FOREX.com is a StoneX brand offering forex and CFD trading through regulated entities including StoneX Financial Ltd (FCA) in the UK and an NFA/CFTC-registered arm in the US.
74% 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 | FOREX.com | TMGM |
|---|---|---|
| TFB Score | 81/100â–² | 65/100 |
| Regulation & safety | 32/35â–²2 tier-1 regulators (FCA, CFTC/NFA), investor compensation | 23/351 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 17/25â–²Spreads from 0.7 pips; commission not comparable in USD per lot | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 15/20▲Minimum deposit $100 (US); £100 (UK), 4 deposit methods, 3 withdrawal methods | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 17/20â–²MT4, MT5, TradingView; leverage up to 50:1 (US entity, NFA/CFTC; default on the FOREX.com platform) | 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, NFA/CFTC | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | $100 (US); £100 (UK) | $100 (EDGE and CLASSIC) |
| Spreads from | 0.7 points on FX (Standard account, UK; RAW Spread from 0.0 plus commission) | Not published |
| Commission | RAW Spread account: $5 USD per $100k USD traded; Standard: no commission | Not published |
| Max leverage | 50:1 (US entity, NFA/CFTC; default on the FOREX.com platform) | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Bank transfer, Debit card, Wire | Not published |
| Retail accounts losing money | 74% | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: FOREX.com review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is FOREX.com or TMGM better?
FOREX.com has the higher TFB Score (81/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are FOREX.com and TMGM regulated?
FOREX.com: FCA, NFA/CFTC. TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Every licence is linked to the regulator's register on each review.
Which is safer, FOREX.com or TMGM?
FOREX.com holds 2 tier-1 licences (FCA and CFTC/NFA); 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 FOREX.com and TMGM?
FOREX.com: $100 (US); £100 (UK). TMGM: $100 (EDGE and CLASSIC).
Do FOREX.com and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. FOREX.com: MetaTrader 4, MetaTrader 5, TradingView, Mobile app. TMGM: MT4, MT5.
What is the maximum leverage at FOREX.com and TMGM?
FOREX.com: 50:1 (US entity, NFA/CFTC; default on the FOREX.com platform). 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 FOREX.com 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 FOREX.com, 74% 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