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

Broker Name

CMC Markets

CMC Markets

VS
TMGM

TMGM

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Broker Overview

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

Market maker

ECN broker

Years of Existence / Established Year

1989

2013

Customer Base / Number of Accounts

265k+

No information


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Regulation & Security

Regulations (governing bodies)

FCA, ASIC, CIRO, MAS, FMA

ASIC, VFSC and FSC

Awards Won (count for the last 2 years)

Best Mobile Trading Platform, No.1 Most Currency Pairs, Best for CFDs -2024, No.1 Web Platform, Best Forex Broker, Best In-House Analysts 2023

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

Security Measures

FSCS

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

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

12,000+ tradable instruments including shares, Treasuries

12,000 instruments including shares

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

No

Yes

Options

No

No

Futures

No

Yes

Bonds

Yes

No

Mutual Funds

No

No

Fractional Shares

Yes

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

CMC web platform, iOS and Android app

TMGM app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Spread betting, CFD account , FX active, Corporate account

Edge and classic account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$0

$100

Leverage Available

30:1 to 1:500

1:100 to 1:1000

Trade Limit (maximum per trade)

No information

Depends on the assets type

Commission (per account type)

Standard - No commission, FX active account- $2.50

Currency Pairs: $7 ; Precious Metals: $5

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

Professional and retail traders

Experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer, Debit/credit card, Online banking

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

Withdrawal Methods

Bank transfer, Debit/credit card, Online banking

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

Other E-Wallets Supported

No

Skrill, Neteller.SticPay, FasaPay, UnionPay


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Learn spread betting, Learn to trade CFDs, Learn forex trading, technical indicators, Fundamental analysis, Webinars & events, Platform guides, Trading guides

Market analysis, Traders terminology, Trading tools


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Fees & Commissions

Trading-Related Fees

CFD trading -US shares from $10; FX active - US shares from $10; Typical STP: Spread of 1.2 pips, Typical ECN: Spread of 0.2 pips, Spread- starts from 0.0 to 0.6 pips, Overnight holding costs: 0.0027%

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

Spread (typical, fixed, variable)

Fixed/Variable

variable/floating spread

Per Lot Fees

$2.50

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

$5.00 per $100,000 in nominal value

NA

Guaranteed Stop Loss Fees

Crude Oil Brent $0.02 per unit, Apple Inc $0.41 per unit, US 30 $1.50 per unit, GBP/USD $0.00015 per

NA

Maximum Leverage

1:500

1:1000


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Non-Trading Fees

Dormant Fees

$0

$30 per month after 6 months of inactivity

Subscription Fees (for premium features, data feeds)

ASX Dynamic Data package $41.25 a month (non-professional investors) $118.80 a month, International Data service fees (US) $11, International Data service fees (NZ) $11, Live Data package Free

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

$0

NA

Account Maintenance Fee

NA

NA

Deposit Fee

$0

$0

Currency Conversion Fee

0.50%

Charges not mentioned, May apply for non-USD deposits

Withdrawal Fee

$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the instrument offer

Depends on the assets type


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Customer Support

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

Monday to Friday from 8am to 8pm

24/7

Customer Support Methods (phone, email, live chat)

Email: [email protected], Phone: +44 (0)20 7170 8200

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

Support Languages

12+

15+


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Additional Information

Headquarters Location

CMC Markets UK plc, 133 Houndsditch, London, EC3A 7BX, United Kingdom

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

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.
Both CMC Markets and TMGM offer affordable fee structures, but CMC Markets generally edges out with no inactivity fees and lower commissions on standard trades, whereas TMGM shines with bundled research and platform access.
The account creation flow at CMC Markets is modern and app-driven, making it seamless for new users. TMGM, however, leans toward traditional processes with forms and verifications that take more time.
CMC Markets provides a modern trading experience with its proprietary or MT4/MT5 platform, ideal for technical traders. TMGM, on the other hand, offers more research tools and is better suited for data-driven investors.
CMC Markets supports complex strategies and asset diversity, while TMGM offers clarity and low-cost access for long-term holders.