TradingCritique

Select Your Brokers to Compare

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

Broker Name

TMGM

TMGM

VS
Exness

Exness

Icon

Broker Overview

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

ECN broker

ECN / Market maker

Years of Existence / Established Year

2013

2008

Customer Base / Number of Accounts

No information

800,000


Icon

Regulation & Security

Regulations (governing bodies)

ASIC, VFSC and FSC

FSA CBCS FSC FSCA CySEC FCA CMA JSC

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 Retail FX Broker, Most Trusted Broker 2024 , Best Multi-Asset Broker and Most Trusted Broker in Africa 2024 ,Five awards at the Cyprus Responsible Business Awards 2024

Security Measures

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

ICF

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

200+ trading instruments

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

Yes

Bonds

No

No

Mutual Funds

No

No

Fractional Shares

Yes

No

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

Yes

MT5

Yes

Yes

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

TMGM app

Exness Terminal Exness Trade App

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

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

Edge and classic account

Standard Accounts Standard cent Accounts Pro Accounts Raw Spread Accounts Demo Trading Accounts Social Trading Accounts

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$100

$1 for standard accounts $200 for professional accounts

Leverage Available

1:100 to 1:1000

1:30 to1 : 2000

Trade Limit (maximum per trade)

Depends on the assets type

200 lots - day time 60 lots for forex & 20 lots others - night time

Commission (per account type)

Currency Pairs: $7 ; Precious Metals: $5

$3.5 per lot for Raw Spread accountsCommission free for Standard, Standard Cent & Pro accounts

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

Experienced traders

Beginners


Icon

Deposit & Withdrawal Options

Deposit Methods

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

Bank transfer Card E Wallets

Withdrawal Methods

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

Bank transfer Card E Wallets

Other E-Wallets Supported

Skrill, Neteller.SticPay, FasaPay, UnionPay

Neteller Skrill Perfect Money Sticpay


Icon

Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Market analysis, Traders terminology, Trading tools

Analytical tools Trading calculator Currency converter Tick history VPS hosting


Icon

Fees & Commissions

Trading-Related Fees

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

Forex- 0.0 pips, Commission- $0

Spread (typical, fixed, variable)

variable/floating spread

Variable

Per Lot Fees

NA

NA

Options Contract Fees

NA

USD 0.05 to 3.5 per contract

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

1:2000


Icon

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

$0

Swap Fees (Overnight Financing)

Yes

Yes

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

Withdrawal Fee

$0

$0


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

Forex trading hours - Sunday 22:05 to Friday 21:59Crypto trading hours - Sunday from 21:35 to Friday 22:05Indices trading hours - Sunday 23:05 to Friday 21:00Commodities - Sunday 23:05 to Friday 21:58


Icon

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

Help Center Support hub, Live chat

Support Languages

15+

15+


Icon

Additional Information

Headquarters Location

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

1 Siafi Street, Portobello Office 401, Limassol 3042, 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.
TMGM is known for competitive pricing on basic trades, especially for beginners. However, Exness fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
TMGM uses a digital-first onboarding approach with clear instructions and fast ID verification. Exness goes a step further with manual checks and optional account tiers, ideal for serious professionals.
TMGM integrates well with algorithmic trading tools and third-party plugins. In contrast, Exness emphasizes educational content and built-in research features within its platform.
Those seeking technical depth may prefer TMGM, while Exness shines with intuitive design and streamlined features.