IC Marketsvs
TMGMCrypto Exchange Comparison
Two CFD focused brokers compete for crypto exposure across regulated regimes and multiple trading platforms. The tension pits platform breadth and coin availability against regulatory coverage and support features.
Our Verdict
IC Markets winsby 0.5 pts
IC Markets is the winner, with a higher editorial score (4.1 vs 3.6) and broader platform coverage.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1IC Markets offers 24/5 live chat.
- 2IC Markets lists 20 coins vs TMGM's 6.
- 3IC Markets offers compensation scheme
Who should choose IC Markets vs TMGM?
Find out which crypto exchange best suits your trading profile.
Choose IC Markets if…
Choose IC Markets if you want 24/5 live chat support. You also get 20 crypto CFDs across MT4, MT5, cTrader, and TradingView with ASIC and CySEC regulation.
Choose TMGM if…
Choose TMGM if you prefer MT4/MT5 and IRESS. It is regulated by ASIC and VFSC and offers 6 crypto CFDs.
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
Equally matched.
Best for low fees
IC Markets vs TMGM: Side-by-Side Crypto Exchange Comparison
| Criteria |  IC Markets |  TMGM |
|---|---|---|
| Editorial score | 4.1/ 5 | 3.6/ 5 |
| Min Deposit | $200 | $100▼ lower |
| Spreads From | 0 pips | 0 pips |
| Taker Fee | 7.00% | 7.00% |
IC Markets vs TMGM Crypto Exchange Pros & Cons
Pros
- ECN-adjacent raw spreads on crypto CFDs, tighter than most retail market makers
- All four platforms (MT4, MT5, cTrader, TradingView) support crypto CFDs from one account
- ASIC and CySEC regulated with segregated client funds and negative balance protection
- No inactivity fee; 24/7 customer support across multiple channels
Cons
- CFDs only, no real crypto ownership, staking, or on-chain withdrawals
IC Markets vs TMGM: Detailed Category Breakdown
A closer look at the specific criteria each exchange meets or misses within each scoring category.
2
IC Markets
criteria wins
0
TMGM
criteria wins
Highlighted rows show where the two exchanges differ
| Criteria | IC 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 |
IC Markets vs TMGM: Frequently Asked Questions
The scores are close: IC Markets rates 4.1/5 and TMGM rates 3.6/5. IC 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 IC 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.
TMGM has $100, while IC Markets requires at least $200. This makes TMGM more accessible for traders looking to start with a smaller crypto investment.
Both IC 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, two factors stand out: TMGM requires a lower minimum deposit ($100), lowering the barrier to entry, and both exchanges provide negative balance protection. Also compare demo account availability and educational resources before deciding.
IC 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.
Both IC Markets and TMGM charge the same commission of $7 per trade on applicable accounts. 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.
IC Markets supports cTrader, MetaTrader 5, TradingView, MetaTrader 4, while TMGM supports IRESS, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. IC Markets has exclusive access to cTrader and TradingView. TMGM has exclusive access to IRESS.
IC 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.
