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Plus500 Futures vs TMGM : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Plus500 Futures

Plus500 Futures

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

2008

2013

Customer Base / Number of Accounts

30+ Million

No information


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Regulation & Security

Regulations (governing bodies)

NFA, CFTC

ASIC, VFSC and FSC

Awards Won (count for the last 2 years)

NA

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

NA

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

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

No

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

2800+ including Equity index

12,000 instruments including shares

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

No

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

No

Yes

Stocks

No

Yes

Options

No

No

Futures

Yes

Yes

Bonds

Yes

No

Mutual Funds

No

No

Fractional Shares

No

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

No

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

No

Yes

Copy Trading

No

Yes

Other Trading Platforms (proprietary, etc.)

Mobile and web trading platform

TMGM app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Plus500 futures trading account

Edge and classic account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

$100

$100

Leverage Available

1:30 - 1:300

1:100 to 1:1000

Trade Limit (maximum per trade)

Depends on the asset type

Depends on the assets type

Commission (per account type)

$0

Currency Pairs: $7 ; Precious Metals: $5

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

Beginners

Experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Visa, Master card, Bank transfer, e-wallets

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

Withdrawal Methods

Visa, Master card, Bank transfer, e-wallets

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

Other E-Wallets Supported

Apple pay, GPay, Klarna

Skrill, Neteller.SticPay, FasaPay, UnionPay


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Trading academy, News and Markets insights, Risk management tools

Market analysis, Traders terminology, Trading tools


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Fees & Commissions

Trading-Related Fees

NFA Regulatory Fee- $0.02 per side, Commission -$0.49 to $0.89

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

Spread (typical, fixed, variable)

Fixed

variable/floating spread

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

1:300 for professional account

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)

NA

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

NA

Yes

Statement or Document Fee

$0

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

NA

NA

Deposit Fee

$0

$0

Currency Conversion Fee

NA

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)

Yes

No


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the assets type

Depends on the assets type


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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)

E-mail through Query Form, Live chat

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

Support Languages

2

15+


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Additional Information

Headquarters Location

Israel

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.
Budget-wise, Plus500 Futures keeps futures pricing simple and avoids hidden platform fees. TMGM can be more or less expensive depending on products like stocks, CFDs or FX, so value hinges on what you trade.
Opening an account at Plus500 Futures is digital with ID verification; a demo account is available. Minimum deposit is $100 and Islamic accounts aren't offered. TMGM may add extra checks or account tiers, which can help advanced users tailor margin and permissions.
Plus500 Futures supports WebTrader and mobile, with core charting. Social/copy trading isn't the focus. TMGM may offer additional research suites or specialist tools depending on its product mix.
If your priority is regulated access to U.S. futures with straightforward costs, Plus500 Futures is a solid fit. Choose TMGM if you want broader multi-asset coverage or platform extras beyond core futures trading.