Libertex vs TMGM 2026
By Akash · Facts last confirmed (UTC) · 36 of 41 facts confirmed on the brokers’ own pages
Libertex has the higher TFB Score (71/100 vs 65/100). Libertex is regulated by CySEC; TMGM by ASIC, VFSC, FSA. TFB Score: Libertex 71/100, TMGM 65/100.
Libertex is operated in the EU by Indication Investments Ltd, a Cyprus Investment Firm licensed by CySEC (164/12), offering CFDs on its own Libertex platform and on MetaTrader 4 and 5.
84% 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 | Libertex | TMGM |
|---|---|---|
| TFB Score | 71/100▲ | 65/100 |
| Regulation & safety | 28/35▲1 tier-1 regulator (CySEC), investor compensation | 23/351 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 11/25Spreads and commission not published (counted as neutral) | 13/25▲Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 17/20▲Minimum deposit €100, 10 deposit methods, 5 withdrawal methods | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 15/20MT4, MT5; leverage up to 1:30 for retail clients (Indication Investments 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 | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | €100 | $100 (EDGE and CLASSIC) |
| Commission | From 0.0% (depending on the underlying asset) | Not published |
| Max leverage | 1:30 for retail clients (Indication Investments Ltd, CySEC) | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Credit/debit card (1 EUR fee), PayPal (free), Skrill (1%), Neteller (1%), SEPA / International bank wire (0.5%, min 2 EUR, max 10 EUR) | Not published |
| Retail accounts losing money | 84% | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Libertex review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Libertex or TMGM better?
Libertex has the higher TFB Score (71/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are Libertex and TMGM regulated?
Libertex: CySEC. TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Every licence is linked to the regulator's register on each review.
Which is safer, Libertex or TMGM?
Libertex 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 Libertex and TMGM?
Libertex: €100. TMGM: $100 (EDGE and CLASSIC).
Do Libertex and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. Libertex: Libertex, MetaTrader 4, MetaTrader 5. TMGM: MT4, MT5.
What is the maximum leverage at Libertex and TMGM?
Libertex: 1:30 for retail clients (Indication Investments 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 Libertex 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 Libertex, 84% 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