TradingCritique

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TMGM vs ATFX : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

TMGM

TMGM

VS
ATFX

ATFX

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

ECN broker

ECN

Years of Existence / Established Year

2013

2017

Customer Base / Number of Accounts

No information

254,000 +


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Regulation & Security

Regulations (governing bodies)

ASIC, VFSC and FSC

FCA FSCA ASIC SCA , FSC, FSA CySEC FSC Seychelles FSA SFC

Awards Won (count for the last 2 years)

Most Trusted Forex Broker 2024, Best Forex Trading Platform 2024, SkyLine Guide 2024 Award, Most Innovative Sports Sponsorship 2024, Brokersview Fastbull 2024 Award

Best Global Forex Broker 2024 Best Global Forex Chairman 2024 Best Forex MT4 Broker - Asia 2024 in Global Brand Magazin Awards 2024 Most trusted forex broker in Asia 2023 in FAME awards

Security Measures

Civil Liability Insurance program for a limit of $10,000,000

ATFX Client funds insurance up to USD1,000,000,

SSL Encryption / 2FA

Yes

No

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes (Not for professional clients)


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

12,000 instruments including shares

300+ instruments 15+ US, European & Asian stock indices, shares

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

Yes

Yes

Bonds

No

No

Mutual Funds

No

No

Fractional Shares

Yes

Yes (only in ETFs)

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

Yes

Yes

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

TMGM app

ATFX Mobile Trading App

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Edge and classic account

Micro, Classic, Premium, Raw

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$100

$100

Leverage Available

1:100 to 1:1000

1:400

Trade Limit (maximum per trade)

Depends on the assets type

30 lots maximum trade

Commission (per account type)

Currency Pairs: $7 ; Precious Metals: $5

Raw- 7 USD per lot

Best Suited For (e.g., beginners, experienced traders)

Experienced traders

Beginners & experienced


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Deposit & Withdrawal Options

Deposit Methods

Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets

Bank transfers Credit card Debit card E-Wallets

Withdrawal Methods

Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets

Bank transfers Credit card Debit card E-Wallets

Other E-Wallets Supported

Skrill, Neteller.SticPay, FasaPay, UnionPay

Neteller Skrill Perfect money


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Market analysis, Traders terminology, Trading tools

Tools MT4 & MT5 ATFX Copytrade Trading Central Autochartist ATFX Support & Resistance Indicator MT4 Indicators Position size calculators


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Fees & Commissions

Trading-Related Fees

Currency Pairs: $7 USD ; Precious Metals: $5 USD, Spread-0.0pips

Spread- starts from 0.0 to 2.8 pips

Spread (typical, fixed, variable)

variable/floating spread

Variable

Per Lot Fees

NA

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

1:400


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Non-Trading Fees

Dormant Fees

$30 per month after 6 months of inactivity

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

NA

NA

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

$0

Deposit Fee

$0

$0

Currency Conversion Fee

Charges not mentioned, May apply for non-USD deposits

0

Withdrawal Fee

$0

5 Euro/USD charged for withdrawals below 100 EUR/USD


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the assets type

24x5 forex trading hours Sydney - 10pm to 7am summer session. 11pm to 8am winter session. Tokyo - 11pm to 8am summer session. 12pm to 9am winter session. London - 7am to 4pm summer session. 8am to 5pm winter session. New York - 12pm to 9pm summer session. 1am to 10pm winter session.


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24x5

Customer Support Methods (phone, email, live chat)

Phone +61 2 8036 8388, Fax +61 2 8036 8388, Email [email protected], Live chat

E mail: mailto:[email protected] Line:Taiwan 00801127901 Thailand 1800012752

Support Languages

15+

10+


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Additional Information

Headquarters Location

100 Barangaroo Ave., Level 28, Tower One, Sydney NSW 2000, Australia.

1st Floor, 32 Cornhill, London EC3V 3SG, United Kingdom

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
While TMGM maintains low trading fees with no minimum deposit, ATFX includes some charges for premium features and certain asset trades, making TMGM the better option for budget-focused traders.
TMGM uses a digital-first onboarding approach with clear instructions and fast ID verification. ATFX goes a step further with manual checks and optional account tiers, ideal for serious professionals.
TMGM excels in real-time trade execution with minimal latency, whereas ATFX complements its execution with strong analytical modules and educational support within the platform.
Advanced users will enjoy TMGM capabilities, but ATFX remains a favorite for its streamlined and beginner-centric approach.