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TMGM vs Spreadex : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
TMGM
Spreadex
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
STP
Years of Existence / Established Year
2013
1999
Customer Base / Number of Accounts
No information
60,000+ traders
Regulation & Security
Regulations (governing bodies)
ASIC, VFSC and FSC
FCA
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
Best Spread Betting Broker - by Good Money Guide Awards 2024 Best Mobile Trading App 2024 - ADVFN International Financial Awards
Security Measures
Civil Liability Insurance program for a limit of $10,000,000
FSCS
SSL Encryption / 2FA
Yes
Yes
Segregated Funds
Yes
Yes
Negative Balance Protection
Yes
Yes
Trading Instruments/Products Offered
Assets Types / Trading Instruments (total count and breakdown)
12,000 instruments including shares
10,000 trading assets
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
Yes
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
No
No
Futures
Yes
No
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
No
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
No
Other Trading Platforms (proprietary, etc.)
TMGM app
Spreadex TradingView
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Edge and classic account
Spread betting Financial trading
Demo Account (Yes/No)
Yes
No
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$100
€0
Leverage Available
1:100 to 1:1000
30:1
Trade Limit (maximum per trade)
Depends on the assets type
Varies by instrument
Commission (per account type)
Currency Pairs: $7 ; Precious Metals: $5
€2.50 per lot
Best Suited For (e.g., beginners, experienced traders)
Experienced traders
Only experienced
Deposit & Withdrawal Options
Deposit Methods
Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets
Easy Bank transfer UK Debit cards Credit card E-wallets
Withdrawal Methods
Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets
Bank Transfer Credit / Debit Cards
Other E-Wallets Supported
Skrill, Neteller.SticPay, FasaPay, UnionPay
Apple Pay
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Market analysis, Traders terminology, Trading tools
Customisable platform 35+ technical indicators Price alerts
Fees & Commissions
Trading-Related Fees
Currency Pairs: $7 USD ; Precious Metals: $5 USD, Spread-0.0pips
Spread starts from 0.6 pips
Spread (typical, fixed, variable)
variable/floating spread
Variable
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
1:1000
30:1
Non-Trading Fees
Dormant Fees
$30 per month after 6 months of inactivity
1 per month
Subscription Fees (for premium features, data feeds)
NA
€0
Advisory Fees
NA
€0
Swap Fees (Overnight Financing)
Yes
Yes
Statement or Document Fee
NA
€0
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
Info not available
Withdrawal Fee
$0
€0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
No
Customer Benefits (e.g., Retirement Plan)
No
No
Trading Hours
Trading Hours (for each asset class if applicable)
Depends on the assets type
Monday: 24 hours Tuesday: 24 hours Wednesday: 24 hours Thursday: 24 hours Friday: 00:00 to 21.15 Saturday: Closed Sunday: 21:00 to 00:00Out of Hours trading: US stock market between 2:30pm to 9pm
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
7 days a week 8:00am 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
Financial Desk: 08000 526 570 +44 (0) 727 895 151General Enquiries: +44 (0) 727 895 000E mail: [email protected]
Support Languages
15+
1
Additional Information
Headquarters Location
100 Barangaroo Ave., Level 28, Tower One, Sydney NSW 2000, Australia.
Churchill House, Upper, Marlborough Road, St Albans, Hertfordshire, AL1 3UU
Complaints (for crypto brokers)
No
No
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