JustMarkets vs TMGM 2026
By Akash · Facts last confirmed (UTC) · 38 of 47 facts confirmed on the brokers’ own pages
JustMarkets has the higher TFB Score (80/100 vs 65/100). JustMarkets is regulated by CySEC, FSC Mauritius, BVI FSC; TMGM by ASIC, VFSC, FSA. TFB Score: JustMarkets 80/100, TMGM 65/100.
JustMarkets operates entities regulated by CySEC, the FSC Mauritius, the BVI FSC and the Seychelles FSA, with a maximum leverage of 1:3000 outside the EU and 1:30 for EU retail clients.
69.19% 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 | JustMarkets | TMGM |
|---|---|---|
| TFB Score | 80/100â–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 | 21/25â–²All-in cost from 0.60 pips | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 16/20â–²Minimum deposit $10 (Standard and Standard Cent; Pro and Raw Spread: $200; EU: 100 EUR), 5 deposit methods, 1 withdrawal method | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 15/20MT4, MT5; leverage up to 1:3000 (global entities; 1:30 for EU retail clients at JustMarkets Ltd, CySEC) | 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, FSC Mauritius, BVI FSC, FSA Seychelles | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | $10 (Standard and Standard Cent; Pro and Raw Spread: $200; EU: 100 EUR) | $100 (EDGE and CLASSIC) |
| Spreads from | 0.0 pips (Raw Spread account; Standard from 0.3, Pro from 0.1) | Not published |
| Commission | $3 each side per lot (Raw Spread; Standard, Standard Cent and Pro: no commission) | Not published |
| Max leverage | 1:3000 (global entities; 1:30 for EU retail clients at JustMarkets Ltd, CySEC) | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Same system and account that was initially used for the deposit | Not published |
| Retail accounts losing money | 69.19% | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: JustMarkets review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is JustMarkets or TMGM better?
JustMarkets has the higher TFB Score (80/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are JustMarkets and TMGM regulated?
JustMarkets: CySEC, FSC Mauritius, BVI FSC, FSA Seychelles. TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Every licence is linked to the regulator's register on each review.
Which is safer, JustMarkets or TMGM?
JustMarkets 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 JustMarkets and TMGM?
JustMarkets: $10 (Standard and Standard Cent; Pro and Raw Spread: $200; EU: 100 EUR). TMGM: $100 (EDGE and CLASSIC). JustMarkets asks for less to start.
Do JustMarkets and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. JustMarkets: MetaTrader 4, MetaTrader 5. TMGM: MT4, MT5.
What is the maximum leverage at JustMarkets and TMGM?
JustMarkets: 1:3000 (global entities; 1:30 for EU retail clients at JustMarkets Ltd, CySEC). 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 JustMarkets 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 JustMarkets, 69.19% 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