TradingCritique

Select Your Brokers to Compare

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

Broker Name

TMGM

TMGM

VS
MEXEM

MEXEM

Icon

Broker Overview

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

ECN broker

STP

Years of Existence / Established Year

2013

2018

Customer Base / Number of Accounts

No information

Info not available


Icon

Regulation & Security

Regulations (governing bodies)

ASIC, VFSC and FSC

Cysec AFM FSMA

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

ICCL

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

12,000 instruments including shares

150 + trading assets Warrant

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

No

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

No

Yes

Futures

Yes

Yes

Bonds

No

Yes

Mutual Funds

No

Yes

Fractional Shares

Yes

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

Yes


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

Yes

No

cTrader

No

No

Social Trading

Yes

No

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

TMGM app

Client Portal Desktop TWS Mobile TWS MEXEM Lite Watch TWS MEXEM APIs

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

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

Edge and classic account

Individual Accounts Instituitional Accounts

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$100

$0

Leverage Available

1:100 to 1:1000

NA

Trade Limit (maximum per trade)

Depends on the assets type

Varies for each product

Commission (per account type)

Currency Pairs: $7 ; Precious Metals: $5

NA

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

Experienced traders

Experienced only


Icon

Deposit & Withdrawal Options

Deposit Methods

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

Bank Transfer

Withdrawal Methods

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

Bank Transfer

Other E-Wallets Supported

Skrill, Neteller.SticPay, FasaPay, UnionPay

No


Icon

Tools & Educational Resources

Economic Calendar

Yes

No

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

Market analysis, Traders terminology, Trading tools

Practical tutorials on using TWS trader workstatioin Video tutorials


Icon

Fees & Commissions

Trading-Related Fees

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

FX - 0.005% Warrents - 0.2% for EUR & HKD. 0.12% for AUD Metals - 0.03% in USD Bonds - 0.15% Mutual Funds - 0.1% (Max Euro 4 and Min Eur 29) Futures & Options - vary for each currency contract Stocks & ETFs - vary for each currency

Spread (typical, fixed, variable)

variable/floating spread

NA

Per Lot Fees

NA

NA

Options Contract Fees

NA

0.65% per contract

Futures Contract Fees

NA

0.85% per contract

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

NA


Icon

Non-Trading Fees

Dormant Fees

$30 per month after 6 months of inactivity

NA

Subscription Fees (for premium features, data feeds)

NA

NA

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

0.05%

Withdrawal Fee

$0

First withdrawal (within 30 days) is free for all methods. Wire/SEPA Euro: £8 /w. Wire USD: $10 /w SEPA GBP: £7 / w


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the assets type

Monday to Thursday 8:30am to 8pm Friday 8:30 am to 5:30 pm Saturday and Sunday closed


Icon

Customer Support

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

24/7

Monday to Thursday: 8:30am to 8:00pm. Friday: 8:30am to 5:30pm.

Customer Support Methods (phone, email, live chat)

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

Leave a message, Live chatCyprus - +357-25030447, mailto:[email protected]

Support Languages

15+

10+


Icon

Additional Information

Headquarters Location

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

Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus

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 TMGM and MEXEM offer affordable fee structures, but TMGM generally edges out with no inactivity fees and lower commissions on standard trades, whereas MEXEM shines with bundled research and platform access.
New users will likely find TMGM sign-up process more intuitive. Meanwhile, MEXEM takes a more regulated path to onboarding, which could benefit traders seeking high capital limits and detailed agreements.
New traders may find TMGM interface more welcoming, while MEXEM appeals to experienced users looking for tools like heatmaps, screeners, and market sentiment overlays.
TMGM caters to serious traders who value advanced features, whereas MEXEM appeals to beginners due to its user-friendly platform.