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TMGM vs MEXEM : Fees, Safety & Trading Conditions Compared (2026)
Broker Name
TMGM
MEXEM
Broker Overview
Broker Type (e.g., Market Maker, ECN/STP)
ECN broker
STP
Years of Existence / Established Year
2013
2018
Customer Base / Number of Accounts
No information
Info not available
Regulation & Security
Regulations (governing bodies)
ASIC, VFSC and FSC
Cysec AFM FSMA
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
No major awards listed
Security Measures
Civil Liability Insurance program for a limit of $10,000,000
ICCL
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
150 + trading assets Warrant
Currency Pairs
Yes
Yes
Commodities
Yes
Yes
Indices
Yes
No
Cryptocurrencies
Yes
Yes
CFDs
Yes
Yes
ETFs
Yes
Yes
Stocks
Yes
Yes
Options
No
Yes
Futures
Yes
Yes
Bonds
No
Yes
Mutual Funds
No
Yes
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
Yes
Other Trading Platforms (proprietary, etc.)
TMGM app
Client Portal Desktop TWS Mobile TWS MEXEM Lite Watch TWS MEXEM APIs
Platform Compatibility (Windows, Mac, iOS, Android)
Yes
Yes
Account Types & Conditions
Account Types (Retail, Pro, VIP, etc.)
Edge and classic account
Individual Accounts Instituitional Accounts
Demo Account (Yes/No)
Yes
Yes
Islamic Accounts (Yes/No)
Yes
No
Minimum Deposit
$100
$0
Leverage Available
1:100 to 1:1000
NA
Trade Limit (maximum per trade)
Depends on the assets type
Varies for each product
Commission (per account type)
Currency Pairs: $7 ; Precious Metals: $5
NA
Best Suited For (e.g., beginners, experienced traders)
Experienced traders
Experienced only
Deposit & Withdrawal Options
Deposit Methods
Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets
Bank Transfer
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
No
Tools & Educational Resources (tutorials, webinars, market news, etc.)
Market analysis, Traders terminology, Trading tools
Practical tutorials on using TWS trader workstatioin Video tutorials
Fees & Commissions
Trading-Related Fees
Currency Pairs: $7 USD ; Precious Metals: $5 USD, Spread-0.0pips
FX - 0.005% Warrents - 0.2% for EUR & HKD. 0.12% for AUD Metals - 0.03% in USD Bonds - 0.15% Mutual Funds - 0.1% (Max Euro 4 and Min Eur 29) Futures & Options - vary for each currency contract Stocks & ETFs - vary for each currency
Spread (typical, fixed, variable)
variable/floating spread
NA
Per Lot Fees
NA
NA
Options Contract Fees
NA
0.65% per contract
Futures Contract Fees
NA
0.85% per contract
Markup Fees on Spread
NA
NA
Guaranteed Stop Loss Fees
NA
NA
Maximum Leverage
1:1000
NA
Non-Trading Fees
Dormant Fees
$30 per month after 6 months of inactivity
NA
Subscription Fees (for premium features, data feeds)
NA
NA
Advisory Fees
NA
$0
Swap Fees (Overnight Financing)
Yes
NA
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
0.05%
Withdrawal Fee
$0
First withdrawal (within 30 days) is free for all methods. Wire/SEPA Euro: £8 /w. Wire USD: $10 /w SEPA GBP: £7 / w
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
Monday to Thursday 8:30am to 8pm Friday 8:30 am to 5:30 pm Saturday and Sunday closed
Customer Support
Support Hours (e.g., 24/7, weekdays only)
24/7
Monday to Thursday: 8:30am to 8:00pm. Friday: 8:30am 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
Leave a message, Live chatCyprus - +357-25030447, mailto:[email protected]
Support Languages
15+
10+
Additional Information
Headquarters Location
100 Barangaroo Ave., Level 28, Tower One, Sydney NSW 2000, Australia.
Archiepiskopou Kyprianou, 1 Loucaides Building, 3036 Limassol, Cyprus
Complaints (for crypto brokers)
No
No
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