FP Marketsvs
TMGMCrypto Exchange Comparison
FP Markets and TMGM meet as CFD-based brokers offering crypto access. The tension centers on regulation, platform breadth, and coin selection.
Our Verdict
FP Markets winsby 0.4 pts
FP Markets edges TMGM on editorial score, driven by stronger trust and broader crypto platform coverage.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1FP Markets lists 15 coins, TMGM lists 6.
- 2FP Markets offers 24/5 live chat, TMGM does not.
- 3FP Markets provides a compensation scheme; TMGM does not.
Who should choose FP Markets vs TMGM?
Find out which crypto exchange best suits your trading profile.
Choose FP Markets if…
Choose FP Markets if you want a larger coin selection, access to 24/5 live chat support, and a compensation scheme, all within a regulated, multi-asset trading environment that aligns with your forex and equity trading experience.
Choose TMGM if…
Choose TMGM if you value ASIC plus VFSC regulation and professional MT4/MT5 charting, combined with competitive ECN crypto spreads, solid risk controls, and reliable execution that suits traders building a diversified digital asset portfolio today.
Verdict by Trader Profile
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
Best for security
It’s a tie
Both equally suited
FP Markets offers stronger security through ASIC and CySEC regulation with segregated client funds.
Best for low fees
FP Markets vs TMGM: Side-by-Side Crypto Exchange Comparison
| Criteria |  FP Markets |  TMGM |
|---|---|---|
| Editorial score | 4.0/ 5 | 3.6/ 5 |
| Min Deposit | $100 | $100 |
| Spreads From | 0 pips | 0 pips |
| Taker Fee | 6.00%▼ lower | 7.00% |
FP Markets vs TMGM Crypto Exchange Pros & Cons
Pros
- Crypto CFDs available on MT4, MT5, cTrader, and TradingView, no platform switching
- ASIC and CySEC regulation with segregated client funds
- Integrates into existing multi-asset account alongside forex, indices, and shares
- No commission on crypto CFDs; spread-only pricing
Cons
- CFDs only, no real crypto ownership, staking, or on-chain access
FP Markets vs TMGM: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
2
FP Markets
criteria wins
0
TMGM
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | FP Markets | TMGM |
|---|---|---|
| Security | ||
| Cold storage for assets | Fail | Fail |
| Proof of reserves published | Fail | Fail |
| Segregated client funds | Pass | Pass |
| Top-tier regulator (FCA, ASIC, etc.) | Pass | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Fail |
| Transparent pricing page | Pass | Pass |
| Features | ||
| Staking available | Fail | Fail |
| DeFi integration | Fail | Fail |
| NFT trading | Fail | Fail |
| 500+ coins listed | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| 24/5 live chat | Pass | Fail |
| Phone support | Pass | Pass |
FP Markets vs TMGM: Frequently Asked Questions
The scores are close: FP Markets rates 4/5 and TMGM rates 3.6/5. FP Markets has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
Both FP Markets and TMGM list the same spread figure of 0. Compare each exchange's full fee schedule, including maker/taker rates and any volume discounts, to evaluate total trading costs.
Both FP Markets and TMGM require a minimum deposit of $100 to start trading crypto.
Both FP Markets and TMGM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each exchange's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, both exchanges provide negative balance protection. Also compare demo account availability and educational resources on each exchange's site before deciding.
FP Markets offers up to 2:1 on perpetual or margin products, versus TMGM's 2:1 cap. Margin and futures trading carry higher risk than spot crypto; confirm product availability and jurisdiction-specific limits on each exchange's website.
FP Markets charges $6 per trade, lower than TMGM's $7 per trade. Lower commissions benefit active traders who execute many trades per day. Crypto fees are typically quoted as maker/taker rates rather than fixed per-trade commissions; check each exchange's fee schedule for volume-based discounts.
FP Markets supports cTrader, IRESS, MetaTrader 5, TradingView, MetaTrader 4, while TMGM supports IRESS, MetaTrader 5, MetaTrader 4. Both provide IRESS and MetaTrader 5 and MetaTrader 4. FP Markets has exclusive access to cTrader and TradingView.
FP Markets scores better on fee criteria (no deposit fee, no inactivity fee). Always check both exchanges' current fee schedules, as maker/taker rates and withdrawal fees vary and are subject to change.
