HFM vs TMGM 2026
By Akash · Facts last confirmed (UTC) · 39 of 48 facts confirmed on the brokers’ own pages
HFM has the higher TFB Score (87/100 vs 65/100). HFM is regulated by CySEC, FCA, FSCA; TMGM by ASIC, VFSC, FSA. TFB Score: HFM 87/100, TMGM 65/100.
HFM (HF Markets Group) is a multi-regulated CFD broker offering MT4, MT5, its WebTrader and app, with a Premium account with no minimum deposit and a Zero account charging commission.
80.83% 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 | HFM | TMGM |
|---|---|---|
| TFB Score | 87/100â–² | 65/100 |
| Regulation & safety | 32/35â–²2 tier-1 regulators (CySEC, FCA), investor compensation | 23/351 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 21/25â–²All-in cost from 0.60 pips | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 19/20â–²Minimum deposit No minimum deposit (Premium and Cent accounts; Zero $25, Pro $100, InfinityX $500), 4 deposit methods, 3 withdrawal methods | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 15/20MT4, MT5; leverage up to 1:2000 (international site, HF Markets (SV) Ltd; InfinityX account: unlimited) | 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 | CySEC, FCA, FSCA, FSA Seychelles, CMA Kenya | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | No minimum deposit (Premium and Cent accounts; Zero $25, Pro $100, InfinityX $500) | $100 (EDGE and CLASSIC) |
| Spreads from | 0.0 pips (Zero), 0.3 pips (InfinityX), 0.6 pips (Pro), 1.4 pips (Premium and Cent) | Not published |
| Commission | From $3 per lot (Zero account, $6 round turn per 100,000 units on forex); Premium, Pro, Cent and InfinityX no commission | Not published |
| Max leverage | up to 1:2000 (international site, HF Markets (SV) Ltd; InfinityX account: unlimited) | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Bank transfer, Credit/debit cards, Alternative methods | Not published |
| Retail accounts losing money | 80.83% | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: HFM review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is HFM or TMGM better?
HFM has the higher TFB Score (87/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are HFM and TMGM regulated?
HFM: CySEC, FCA, FSCA, FSA Seychelles, CMA Kenya. TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Every licence is linked to the regulator's register on each review.
Which is safer, HFM or TMGM?
HFM holds 2 tier-1 licences (CySEC and FCA); 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 HFM and TMGM?
HFM: No minimum deposit (Premium and Cent accounts; Zero $25, Pro $100, InfinityX $500). TMGM: $100 (EDGE and CLASSIC).
Do HFM and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. HFM: MetaTrader 4, MetaTrader 5, HFM WebTrader, HFM App. TMGM: MT4, MT5.
What is the maximum leverage at HFM and TMGM?
HFM: up to 1:2000 (international site, HF Markets (SV) Ltd; InfinityX account: unlimited). 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 HFM 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 HFM, 80.83% 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