TMGM vs XM 2026
By Akash · Facts last confirmed (UTC) · 43 of 48 facts confirmed on the brokers’ own pages
XM has the higher TFB Score (82/100 vs 65/100). TMGM is regulated by ASIC, VFSC, FSA; XM by FSC Belize, CySEC, DFSA. TFB Score: TMGM 65/100, XM 82/100.
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.
XM is a CFD broker brand of the Trading Point group, founded in 2009, offering MT4, MT5 and the XM App with Standard, Ultra Low and Shares accounts; xm.com is run by XM Global Limited (FSC Belize), with group entities licensed by CySEC, the DFSA, FSCA, Kenya's CMA, the FSC Mauritius and the FSA Seychelles.
Side by side
| Item | TMGM | XM |
|---|---|---|
| TFB Score | 65/100 | 82/100▲ |
| Regulation & safety | 23/351 tier-1 regulator (ASIC), client money kept apart | 28/35▲1 tier-1 regulator (CySEC), investor compensation |
| Fees & costs | 13/25Spreads and commission not published (counted as neutral) | 20/25▲All-in cost from 0.80 pips, no commission |
| Deposits & withdrawals | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods | 18/20▲Minimum deposit $5 (Standard and Ultra Low; XM Global; Shares account $10,000), 4 deposit methods, 5 withdrawal methods |
| Platforms & trading | 15/20MT4, MT5; leverage up to 1:1000 (international entities; 1:30 for the Australian entity) | 16/20▲MT4, MT5; leverage up to 1000:1 (XM Global Limited) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC | FSC Belize, CySEC, DFSA, FSCA, CMA Kenya, FSC Mauritius, FSA Seychelles |
| Minimum deposit | $100 (EDGE and CLASSIC) | $5 (Standard and Ultra Low; XM Global; Shares account $10,000) |
| Spreads from | Not published | 0.8 pips (as low as, XM Global) |
| Commission | Not published | Zero commission (as stated on its home page; check the Ultra Low and Shares account terms) |
| Max leverage | up to 1:1000 (international entities; 1:30 for the Australian entity) | up to 1000:1 (XM Global Limited) |
| Platforms | ||
| Withdrawal methods | Not published | Back to the source of the deposit, Credit/Debit Cards, Bank Transfers, Local Transfers, E-wallets |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: TMGM review · XM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is TMGM or XM better?
XM has the higher TFB Score (82/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are TMGM and XM regulated?
TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. XM: FSC Belize, CySEC, DFSA, FSCA, CMA Kenya, FSC Mauritius, FSA Seychelles. Every licence is linked to the regulator's register on each review.
Which is safer, TMGM or XM?
TMGM holds 1 tier-1 licence (ASIC); XM holds 1 (CySEC). 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 TMGM and XM?
TMGM: $100 (EDGE and CLASSIC). XM: $5 (Standard and Ultra Low; XM Global; Shares account $10,000). XM asks for less to start.
Do TMGM and XM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. TMGM: MT4, MT5. XM: MetaTrader 4, MetaTrader 5, XM App.
What is the maximum leverage at TMGM and XM?
TMGM: up to 1:1000 (international entities; 1:30 for the Australian entity). XM: up to 1000:1 (XM Global Limited). Leverage depends on the company that opens your account and on your country.
More TMGM comparisons
More XM 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