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HFM vs TMGM : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
HFM
TMGM
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
Market maker broker
ECN broker
Years of Existence / Established Year
2010
2013
Customer Base / Number of Accounts
2500000 clients
No information
Regulation & Security
Regulations (governing bodies)
FSC, CySEC, DFSA, FCA, ISA, FSCA, MAS, CMA, FMA
ASIC, VFSC and FSC
Awards Won (count for the last 2 years)
Best Global Affliiate Programs 2024, Best Trading Accounts Global, Best Stock Broker 2023, Best Trading Platform Broker
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
Civil Liability insurance program with a limit of €5,000,000
Civil Liability Insurance program for a limit of $10,000,000
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)
Over 500 markets including energies
12,000 instruments including shares
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
No
Yes
Bonds
Yes
No
Mutual Funds
No
No
Fractional Shares
Exchange Traded Notes (ETNs)
No
No
Precious Metals
Yes
Yes
Real Estate Investment Trusts (REITs)
No
No
Equities
No
Yes
Trading Platforms & Technology
Trading Platform Availability
Yes
Yes
MT4
Yes
Yes
MT5
Yes
Yes
cTrader
No
No
Social Trading
Yes
Copy Trading
Yes
Yes
Other Trading Platforms (proprietary, etc.)
HFM Platform, Web trading, Mobile trading
TMGM app
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Cent, Zero, Pro , Premium, Corporate, Joint account
Edge and classic account
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
Yes
Yes
Minimum Deposit
$0
$100
Leverage Available
1:1000- 1:2000
1:100 to 1:1000
Trade Limit (maximum per trade)
60/ 200 Standard lots per position depends on account types
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 to experienced traders
Experienced traders
Deposit & Withdrawal Options
Deposit Methods
Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets
Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets
Withdrawal Methods
Bank Transfers, Wire transfers, Credit/Debit cards,Crypto, e-Wallets
Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets
Other E-Wallets Supported
FasaPay, Neteller
Skrill, Neteller.SticPay, FasaPay, UnionPay
Tools & Educational Resources
Economic Calendar
Yes
Yes
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Webinars, eBooks and Guides, Video Tutorials
Market analysis, Traders terminology, Trading tools
Fees & Commissions
Trading-Related Fees
Spread: starts from 0.0- 1.2 pips, commissions: $0.03 per 1k lot, Commission for Forex: $0.03 - $3, gold: $7- $14
Currency Pairs: $7 USD ; Precious Metals: $5 USD, Spread-0.0pips
Spread (typical, fixed, variable)
Variable
variable/floating spread
Per Lot Fees
NA
NA
Options Contract Fees
NA
NA
Futures Contract Fees
NA
NA
Markup Fees on Spread
$0
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
34:20:00
1:1000
Non-Trading Fees
Dormant Fees
$10 inactive for 90 days
$30 per month after 6 months of inactivity
Subscription Fees (for premium features, data feeds)
$0
NA
Advisory Fees
NA
NA
Swap Fees (Overnight Financing)
$0
Yes
Statement or Document Fee
NA
NA
Account Opening Fee
$0
NA
Account Maintenance Fee
$0
NA
Deposit Fee
$0
$0
Currency Conversion Fee
$0
Charges not mentioned, May apply for non-USD deposits
Withdrawal Fee
$0
$0
Bonuses, Promotions & Benefits
Bonuses, Promotions, and Referrals
Yes
Yes
Customer Benefits (e.g., Retirement Plan)
No
No
Trading Hours
Trading Hours (for each asset class if applicable)
Varies by instrument
Depends on the assets type
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/5
24/7
Customer Support Methods (phone, email, live chat)
Live support: Available 24/5, Email : [email protected], Phone: +44-203 097 85 71
Phone +61 2 8036 8388, Fax +61 2 8036 8388, Email [email protected], Live chat
Support Languages
27+
15+
Additional Information
Headquarters Location
financial hub of Limassol, Cyprus
100 Barangaroo Ave., Level 28, Tower One, Sydney NSW 2000, Australia.
Complaints (for crypto brokers)
No
No
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