RoboForex vs TMGM 2026
By Akash · Facts last confirmed (UTC) · 33 of 38 facts confirmed on the brokers’ own pages
TMGM has the higher TFB Score (65/100 vs 60/100). RoboForex is regulated by FSC Belize; TMGM by ASIC, VFSC, FSA. TFB Score: RoboForex 60/100, TMGM 65/100.
RoboForex Ltd is registered with the Financial Services Commission of Belize (licence 9759600, an offshore regulator) and offers Pro, ProCent, ECN and Prime accounts on MetaTrader 4, MetaTrader 5 and R StocksTrader.
75.85% 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 | RoboForex | TMGM |
|---|---|---|
| TFB Score | 60/100 | 65/100▲ |
| Regulation & safety | 11/35Strongest licence FSC Belize (tier 3) | 23/35▲1 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 15/25▲Spreads from 0 pips; commission not published | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 18/20▲Minimum deposit $10 (ECN account), 4 deposit methods, 4 withdrawal methods | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 16/20▲MT4, MT5; leverage up to 1:2000 (Pro and ProCent accounts; ECN up to 1:500, Prime up to 1:300; RoboForex Ltd, FSC Belize) | 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 | FSC Belize | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | $10 (ECN account) | $100 (EDGE and CLASSIC) |
| Spreads from | 0 pips (ECN and Prime; Pro and ProCent floating from 1.3 points) | Not published |
| Commission | ECN: depends on traded volume; Pro and ProCent: 0% | Not published |
| Max leverage | Up to 1:2000 (Pro and ProCent accounts; ECN up to 1:500, Prime up to 1:300; RoboForex Ltd, FSC Belize) | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Bank payments, Electronic payments, Bank cards, QR & Vouchers | Not published |
| Retail accounts losing money | 75.85% | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: RoboForex review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is RoboForex or TMGM better?
TMGM has the higher TFB Score (65/100 vs 60/100). The best choice depends on your country, platform and payment method.
Are RoboForex and TMGM regulated?
RoboForex: FSC Belize. TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Every licence is linked to the regulator's register on each review.
Which is safer, RoboForex or TMGM?
RoboForex holds no tier-1 licence; 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 RoboForex and TMGM?
RoboForex: $10 (ECN account). TMGM: $100 (EDGE and CLASSIC). RoboForex asks for less to start.
Do RoboForex and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. RoboForex: MetaTrader 4, MetaTrader 5, R StocksTrader, MobileTrader, WebTrader. TMGM: MT4, MT5.
What is the maximum leverage at RoboForex and TMGM?
RoboForex: Up to 1:2000 (Pro and ProCent accounts; ECN up to 1:500, Prime up to 1:300; RoboForex Ltd, FSC Belize). 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 RoboForex 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 RoboForex, 75.85% 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