Octa vs TMGM 2026
By Akash · Facts last confirmed (UTC) · 34 of 41 facts confirmed on the brokers’ own pages
Octa has the higher TFB Score (76/100 vs 65/100). Octa is regulated by CySEC; TMGM by ASIC, VFSC, FSA. TFB Score: Octa 76/100, TMGM 65/100.
Octa is a CFD broker whose EU arm, Octa Markets Cyprus Ltd, is licensed by CySEC (372/18); its international site offers OctaTrader, MT4 and MT5 accounts with spread-only pricing.
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 | Octa | TMGM |
|---|---|---|
| TFB Score | 76/100▲ | 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 | 20/25▲All-in cost from 0.60 pips, no commission | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 13/20Minimum deposit $25 (recommended $100; Octa international site) | 14/20▲Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 15/20MT4, MT5; leverage up to 1:2000 | 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 | $25 (recommended $100; Octa international site) | $100 (EDGE and CLASSIC) |
| Spreads from | 0.6 pips (floating spread with markup; Octa international site) | Not published |
| Commission | $0 (no trading commission, spread markup; Octa international site) | Not published |
| Max leverage | 1:2000 | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Octa review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Octa or TMGM better?
Octa has the higher TFB Score (76/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are Octa and TMGM regulated?
Octa: 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, Octa or TMGM?
Octa 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 Octa and TMGM?
Octa: $25 (recommended $100; Octa international site). TMGM: $100 (EDGE and CLASSIC). Octa asks for less to start.
Do Octa and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 5 and MetaTrader 4. Octa: OctaTrader, MetaTrader 5, MetaTrader 4. TMGM: MT4, MT5.
What is the maximum leverage at Octa and TMGM?
Octa: 1:2000. 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 Octa 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. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning