ThinkMarkets vs TMGM 2026
By Akash · Facts last confirmed (UTC) · 37 of 45 facts confirmed on the brokers’ own pages
ThinkMarkets has the higher TFB Score (91/100 vs 65/100). ThinkMarkets is regulated by FCA, ASIC, CySEC; TMGM by ASIC, VFSC, FSA. TFB Score: ThinkMarkets 91/100, TMGM 65/100.
ThinkMarkets is a forex and CFD broker founded in 2010, offering ThinkTrader, MetaTrader 4 and MetaTrader 5, with entities regulated by the FCA, ASIC, CySEC and the FSA Seychelles.
75% 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 | ThinkMarkets | TMGM |
|---|---|---|
| TFB Score | 91/100â–² | 65/100 |
| Regulation & safety | 34/35â–²3 tier-1 regulators (FCA, ASIC, CySEC), investor compensation | 23/351 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 22/25â–²All-in cost from 0.70 pips | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 17/20â–²Minimum deposit $10 (ThinkTrader account; Standard $50, ThinkZero $100), 7 deposit methods, 3 withdrawal methods | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 18/20â–²MT4, MT5, TradingView; leverage up to 2500:1 (ThinkTrader account, TF Global Markets Int Limited, FSA Seychelles; 500:1 on Standard and ThinkZero) | 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 | FCA, ASIC, CySEC, FSA Seychelles | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | $10 (ThinkTrader account; Standard $50, ThinkZero $100) | $100 (EDGE and CLASSIC) |
| Spreads from | 0.0 pips (ThinkZero; Standard and ThinkTrader from 0.4 pips) | Not published |
| Commission | ThinkZero: USD 7 per round turn lot on forex and metals; Standard and ThinkTrader: none | Not published |
| Max leverage | up to 2500:1 (ThinkTrader account, TF Global Markets Int Limited, FSA Seychelles; 500:1 on Standard and ThinkZero) | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Return to source (same method as deposit), Bank wire, USDT (for crypto deposits) | Not published |
| Retail accounts losing money | 75% | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: ThinkMarkets review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is ThinkMarkets or TMGM better?
ThinkMarkets has the higher TFB Score (91/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are ThinkMarkets and TMGM regulated?
ThinkMarkets: FCA, ASIC, CySEC, 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, ThinkMarkets or TMGM?
ThinkMarkets holds 3 tier-1 licences (FCA, ASIC and 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 ThinkMarkets and TMGM?
ThinkMarkets: $10 (ThinkTrader account; Standard $50, ThinkZero $100). TMGM: $100 (EDGE and CLASSIC). ThinkMarkets asks for less to start.
Do ThinkMarkets and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. ThinkMarkets: ThinkTrader, MetaTrader 4, MetaTrader 5, TradingView (ThinkTrader accounts only). TMGM: MT4, MT5.
What is the maximum leverage at ThinkMarkets and TMGM?
ThinkMarkets: up to 2500:1 (ThinkTrader account, TF Global Markets Int Limited, FSA Seychelles; 500:1 on Standard and ThinkZero). 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 ThinkMarkets 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 ThinkMarkets, 75% 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