TradingCritique

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

Broker Name

TMGM

TMGM

VS
Global Prime

Global Prime

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Broker Overview

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

ECN broker

Market maker broker

Years of Existence / Established Year

2013

2010

Customer Base / Number of Accounts

No information

No information


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Regulation & Security

Regulations (governing bodies)

ASIC, VFSC and FSC

ASIC and VFSC

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

No major awards listed

Security Measures

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

No compensation scheme

SSL Encryption / 2FA

Yes

No

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 instruments including shares

150+ Financial assets

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

No

Stocks

Yes

No

Options

No

No

Futures

Yes

No

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

No

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

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

TMGM app

No

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

Standard and Raw account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$100

$0

Leverage Available

1:100 to 1:1000

1:5 to 1:500

Trade Limit (maximum per trade)

Depends on the assets type

1000 lots

Commission (per account type)

Currency Pairs: $7 ; Precious Metals: $5

Standard: $0, Raw account: $3.5 per lot

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

Experienced traders

Beginner traders


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Deposit & Withdrawal Options

Deposit Methods

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

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Withdrawal Methods

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

Visa, Mastercard, Crypto, Bpay, Bank wire, QR code, Astro pay, Interac,PayID, e-wallets

Other E-Wallets Supported

Skrill, Neteller.SticPay, FasaPay, UnionPay

PayPal, Neteller, Skrill, GATE8, Dragon Pay, VN Pay, FasaPay, Pagsmile, Jeton, Mifinity, XPay, 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

Trading Education, Market Analysis, Webinars, Trading Guides, Video Tutorials, Podcast Market Insights, Blog Trading News and Analysis


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Fees & Commissions

Trading-Related Fees

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

Crypto: 0.1%, indices, Bonds, and Commodities (excl. Metals): $0, Commission: AUD $7, USD $7, EUR € 6.20, GBP £5.4, SGD $9.50, CAD $9, Standard: 0.9 pips, raw : $3.5

Spread (typical, fixed, variable)

variable/floating spread

Variable

Per Lot Fees

NA

$3.50

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

$0

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

1:500


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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

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

NA

NA

Deposit Fee

$0

$0

Currency Conversion Fee

Charges not mentioned, May apply for non-USD deposits

$20-$30

Withdrawal Fee

$0

International bank transfer: $20-$30


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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 assets type

24 hours a day, 5 days a week. 5 PM New York on Sunday through to 5 PM New York on Friday


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Customer Support

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

24/7

24/7

Customer Support Methods (phone, email, live chat)

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

Phone: +61 (2) 8379 3622, E-mail: [email protected], Live chat

Support Languages

15+

14+


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Additional Information

Headquarters Location

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

FMGP Trading Group Pty Ltd Level 10, 627 Chapel St, South Yarra 3141 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.
TMGM stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Global Prime offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
If speed and simplicity matter to you, TMGM delivers a streamlined account setup. In contrast, Global Prime includes more documentation and KYC checks, which can delay access but ensures strong compliance.
Traders who value simplicity and execution speed may prefer TMGM platform. Meanwhile, Global Prime offers more flexibility through tools like advanced order types and multi-screen support.
TMGM strength lies in high-performance trading, while Global Prime provides a more accessible route for everyday investors.