TradingCritique

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

Broker Name

XTB

XTB

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

2002

2013

Customer Base / Number of Accounts

2 Million

No information


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Regulation & Security

Regulations (governing bodies)

FCA, KNF, CySEC, DFSA, BaFin, FSCA, and FSC.

ASIC, VFSC and FSC

Awards Won (count for the last 2 years)

Best for low cost ISA 2025, Best CFD Broker of 2025, Europe's fastest growing company 2025, Highly Recommended Finder Awards 2024,

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

FSCS

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


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

11400+ trading instruments, including an investment plan

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

No

No

Mutual Funds

No

No

Fractional Shares

Yes

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

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.)

X station

TMGM app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Standarad, Professional

Edge and classic account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

Yes

Minimum Deposit

$0

$100

Leverage Available

1:2 to 1:500

1:100 to 1:1000

Trade Limit (maximum per trade)

Depends on assets class

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


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Deposit & Withdrawal Options

Deposit Methods

bank transfers, credit and debit cards, e-wallets

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

Withdrawal Methods

bank transfers, credit and debit cards, e-wallets

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

Other E-Wallets Supported

Skrill, Neteller

Skrill, Neteller.SticPay, FasaPay, UnionPay


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Tools & Educational Resources

Economic Calendar

Yes

Yes

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

Educational Articles and Market Articles

Market analysis, Traders terminology, Trading tools


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Fees & Commissions

Trading-Related Fees

Spread 0.1 to 0.8 pips, Stock transfer fee- USD 25, ETF commission- 0.2%

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

Spread (typical, fixed, variable)

Variable

variable/floating spread

Per Lot Fees

0.08% per lot, or 0.16% per round turn

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

(1:500)

1:1000


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Non-Trading Fees

Dormant Fees

Charges apply 12 months of inactivity

$30 per month after 6 months of inactivity

Subscription Fees (for premium features, data feeds)

NA

NA

Advisory Fees

0% advisory fee for cash-enhanced portfolio, 0.30% annual advisory fee for market-focused portfolio, 0.75-0.85% annual advisory fee for personal advice

NA

Swap Fees (Overnight Financing)

No

Yes

Statement or Document Fee

$0

NA

Account Opening Fee

$0

NA

Account Maintenance Fee

$0

NA

Deposit Fee

$0- Bank transfer, Visa, Mastercard, or Maestro, 2% fee for deposits via Skrill.

$0

Currency Conversion Fee

0.50%

Charges not mentioned, May apply for non-USD deposits

Withdrawal Fee

$0 - above $50, £5 or $20 fee for withdrawals below £50 or $50

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

22:00 on Sunday to 21:00 on Friday GMT.

Depends on the assets type


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

(24/5)

24/7

Customer Support Methods (phone, email, live chat)

Phone: +48 222 739 976, Live chat, E-mail: [email protected]

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

Support Languages

10

15+


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Additional Information

Headquarters Location

Poland

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.
XTB is known for competitive pricing on basic trades, especially for beginners. However, TMGM fee structure, though slightly higher, covers a broader range of services, making it more suitable for active traders.
XTB makes starting out easy with a simple application, especially for retail clients. TMGM platform, while requiring more effort to join, allows experienced traders to customize their accounts from the start.
XTB excels in real-time trade execution with minimal latency, whereas TMGM complements its execution with strong analytical modules and educational support within the platform.
XTB delivers a robust ecosystem for seasoned traders, whereas TMGM focuses on ease of access and modern usability.