Two CFD crypto brokers line up for your due diligence, trading on MT4/MT5 and more. The tension centers on regulation, coin selection, and platform depth.
TMGM operates under ASIC as a top-tier regulator, while RoboForex does not hold a top-tier license, shaping a notable regulatory distinction between the two.
Which exchange wins for each type of crypto trader, based on security, fees, coin selection, and editorial scoring.
TMGM wins for security due to ASIC regulation and segregated client funds with negative balance protection.
| Criteria | ||
|---|---|---|
| Editorial score | 3.6/ 5 | 3.6/ 5 |
| Min Deposit | $10▼ lower | $100 |
| Spreads From | 0 pips | 0 pips |
| Taker Fee | 20.00% | 7.00%▼ lower |
A closer look at the specific criteria each exchange meets or misses within each scoring category.
| Criteria | RoboForex | 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.) | Fail | Pass |
| Fees | ||
| No deposit fee | Pass | Pass |
| No inactivity fee | Fail | 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 |
RoboForex and TMGM share the same editorial score of 3.6/5. One concrete differentiator: RoboForex requires a lower minimum deposit.
Both RoboForex 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.
RoboForex has $10, while TMGM requires at least $100. This makes RoboForex more accessible for traders looking to start with a smaller crypto investment.
TMGM holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. RoboForex may be regulated but does not hold top-tier status in our data. Verify regulatory status on each regulator's public register before depositing funds.
For beginners, two factors stand out: RoboForex requires a lower minimum deposit ($10), lowering the barrier to entry, and TMGM provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources before deciding.
RoboForex 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.
TMGM charges $7 per trade, lower than RoboForex's $20 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.
RoboForex supports cTrader, MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while TMGM supports IRESS, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. RoboForex has exclusive access to cTrader and Proprietary Web/Mobile. TMGM has exclusive access to IRESS.
TMGM is best for low fees with competitive ECN crypto spreads.
RoboForex wins for coin selection with 12 crypto CFDs versus TMGM's 6.
Neither broker offers DeFi or Web3 features, so this category is equally matched.
| 2 pips |
| 0.7 pips▼ lower |
| Inactivity Fee | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerWebMoneyPerfect MoneyCrypto | Bank transferCredit cardDebit cardCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNetellerWebMoneyPerfect MoneyCrypto | Bank transferCredit cardCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | FSCA CySEC IFSC | ASIC VFSC |
|---|
| Cold Storage | No | No |
|---|
| Proof of Reserves | No | No |
|---|
| Staking | No | No |
|---|
| DeFi Integration | No | No |
|---|
| NFT Trading | No | No |
|---|
| 500+ Coins | No | No |
|---|
| P2P Trading | No | No |
|---|
| Crypto Earn / Savings | No | No |
|---|
| Token Launchpad | No | No |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.6 / 5
Score 3.6 / 5
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