InstaForex vs TMGM 2026
By Akash · Facts last confirmed (UTC) · 37 of 42 facts confirmed on the brokers’ own pages
InstaForex has the higher TFB Score (79/100 vs 65/100). InstaForex is regulated by CySEC, BVI FSC; TMGM by ASIC, VFSC, FSA. TFB Score: InstaForex 79/100, TMGM 65/100.
InstaForex operates a BVI-licensed global entity and a CySEC-regulated EU entity (Instant Trading EU Ltd), offering MetaTrader 4 and MetaTrader 5.
77.95% 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 | InstaForex | TMGM |
|---|---|---|
| TFB Score | 79/100â–² | 65/100 |
| Regulation & safety | 28/35â–²1 tier-1 regulator (CySEC), investor compensation | 23/351 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 17/25â–²Spreads from 0 pips; commission not comparable in USD per lot | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 19/20â–²Minimum deposit 1 USD (Insta.Standard, global InstaFinance Ltd; 1 EUR/USD/GBP at Instant Trading EU Ltd), 6 deposit methods, 6 withdrawal methods | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 15/20MT4, MT5; leverage up to 1:30 for EU retail clients (Instant Trading EU Ltd; global InstaFinance Ltd site shows up to 1:5000) | 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, BVI FSC | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | 1 USD (Insta.Standard, global InstaFinance Ltd; 1 EUR/USD/GBP at Instant Trading EU Ltd) | $100 (EDGE and CLASSIC) |
| Spreads from | 0 pips (Insta.Raw, with a fixed 0.5 USD commission; global entity) | Not published |
| Commission | Fixed commission of 0.5 USD on Insta.Raw (Insta.Standard and Insta.Pro: no commission; EU ECN accounts from $2.5 per 100k traded) | Not published |
| Max leverage | 1:30 for EU retail clients (Instant Trading EU Ltd; global InstaFinance Ltd site shows up to 1:5000) | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Visa, Mastercard, Neteller, Skrill, SEPA (bank transfer), SWIFT (bank transfer) | Not published |
| Retail accounts losing money | 77.95% | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: InstaForex review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is InstaForex or TMGM better?
InstaForex has the higher TFB Score (79/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are InstaForex and TMGM regulated?
InstaForex: CySEC, BVI FSC. TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Every licence is linked to the regulator's register on each review.
Which is safer, InstaForex or TMGM?
InstaForex holds 1 tier-1 licence (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 InstaForex and TMGM?
InstaForex: 1 USD (Insta.Standard, global InstaFinance Ltd; 1 EUR/USD/GBP at Instant Trading EU Ltd). TMGM: $100 (EDGE and CLASSIC). InstaForex asks for less to start.
Do InstaForex and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. InstaForex: MetaTrader 4, MetaTrader 5, WebTrader, MultiTerminal. TMGM: MT4, MT5.
What is the maximum leverage at InstaForex and TMGM?
InstaForex: 1:30 for EU retail clients (Instant Trading EU Ltd; global InstaFinance Ltd site shows up to 1:5000). 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 InstaForex 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 InstaForex, 77.95% 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