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TMGM vs NinjaTrader : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
TMGM
NinjaTrader
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
ECN/STP
Years of Existence / Established Year
2013
2003
Customer Base / Number of Accounts
No information
1.5M
Regulation & Security
Regulations (governing bodies)
ASIC, VFSC and FSC
CFTC NFA
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
Leading Broker in TASC's 2024 Readers' Choice Awards 2024 Great Place to Work Best Brokerage for Trading Futures at Benzinga Global Fintech Awards 2023
Security Measures
Civil Liability Insurance program for a limit of $10,000,000
SIPC & FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
No
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
12,000 instruments including shares
115+ trading instruments
Currency Pairs
Yes
No
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
Yes
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
No
Yes
Equities
Yes
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
No
MT5
Yes
No
cTrader
No
No
Social Trading
No
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
TMGM app
Ninjatrader 8
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Edge and classic account
Free Plan Lifetime Plan Monthly Plan
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$100
$0
Leverage Available
1:100 to 1:1000
No
Trade Limit (maximum per trade)
Depends on the assets type
Depends on assets type
Commission (per account type)
Currency Pairs: $7 ; Precious Metals: $5
Free- $0.35 per micro and $1.29 per standard, Monthly- $0.25 per micro and $0.99 per standard, Lifetime- $.09 per micro contract and $0.59 per standard
Best Suited For (e.g., beginners, experienced traders)
Experienced traders
Beginners & experienced
Deposit & Withdrawal Options
Deposit Methods
Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets
ACH Transfer Debit Card Wire Transfer / SEPA By Check
Withdrawal Methods
Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets
Bank Transfer
Other E-Wallets Supported
Skrill, Neteller.SticPay, FasaPay, UnionPay
No
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Market analysis, Traders terminology, Trading tools
Video tutorials Learning tools Technical analysis
Fees & Commissions
Trading-Related Fees
Currency Pairs: $7 USD ; Precious Metals: $5 USD, Spread-0.0pips
$.05 to $.25 per contract
Spread (typical, fixed, variable)
variable/floating spread
variable
Per Lot Fees
NA
NA
Options Contract Fees
NA
$0.25 per contract (order routing fees)
Futures Contract Fees
NA
$0.29 to $.85
Markup Fees on Spread
NA
Variable
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
1:1000
NA
Non-Trading Fees
Dormant Fees
$30 per month after 6 months of inactivity
$25 monthly
Subscription Fees (for premium features, data feeds)
NA
Volume Indicators - $59 Data Fees - $4 per exchange Multi-License broker - $99
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
Yes
$50
Statement or Document Fee
NA
NA
Account Opening Fee
NA
Free Plan - $0 Monthly Plan - $99 Lifetime Plan - $1499
Account Maintenance Fee
NA
NA
Deposit Fee
$0
ACH - Free Domestic Wire Transfer - $30
Currency Conversion Fee
Charges not mentioned, May apply for non-USD deposits
1% of currency converted, minimum 10 units of currency sold
Withdrawal Fee
$0
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
Yes
Trading Hours
Trading Hours (for each asset class if applicable)
Depends on the assets type
Depends on the assets type
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
24/5
Customer Support Methods (phone, email, live chat)
Phone +61 2 8036 8388, Fax +61 2 8036 8388, Email [email protected], Live chat
Emergency trade desk: 312.423.2234 General inquiries: 1.800.496.1683 Fax: 312.329.9888 Email: mailto:[email protected] , Live chat
Support Languages
15+
1
Additional Information
Headquarters Location
100 Barangaroo Ave., Level 28, Tower One, Sydney NSW 2000, Australia.
222 N LaSalle Street Suite 1450, Chicago, IL 60601
Complaints (for crypto brokers)
No
No
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