AMarketsvs
TMGMForex Broker Comparison
AMarkets and TMGM square off over regulation, costs, and platforms. The balance between safety nets and breadth of assets drives the tension, inviting a closer look at the verdict.
Our Verdict
TMGM winsby 0.2 pts
TMGM edges AMarkets on the editorial score due to ASIC regulation and a broader instrument selection. AMarkets offers MT4/MT5 and cTrader with transparent pricing, but TMGM provides ASIC licensing, negative balance protection, and IRESS access.
No commercial relationship. The verdict and scores are entirely editorial. No payment influences this comparison.
Key Differences
- 1ASIC licensing versus SVG FSA regulation.
- 212,000+ instruments vs 250 assets.
- 3TMGM provides negative balance protection; AMarkets lacks.
Who should choose AMarkets vs TMGM?
Find out which broker best suits your trader profile.
Verdict by Trader Profile
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
Best for low cost trading
It’s a tie
Both equally suited
Both brokers offer spreads from 0.00 pips.
Best for safety & regulation
Recommended
AMarkets vs TMGM: Side-by-Side Forex Broker Comparison
Score
= highlighted score shows which broker leads in that category| Editorial score | 3.8/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 3.4 / 5 | 4.3 / 5▲ |
AMarkets vs TMGM Forex Broker Pros & Cons
Pros
MT4, MT5, and cTrader all available
Competitive $6 round-turn ECN commission
Mature PAMM platform with full performance transparency
No inactivity fee
Client funds held in segregated accounts
Raw spread account available
AMarkets vs TMGM: Detailed Category Breakdown
A closer look at the specific criteria each broker meets or misses within each scoring category.
0
AMarkets
criteria wins
3
TMGM
criteria wins
Highlighted rows show where the two brokers differ
| Criteria | AMarkets | TMGM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Fail | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Fail | Pass |
| Compensation scheme (e.g. FSCS) | Fail | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Pass | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Pass | Pass |
| Proprietary platform | Fail | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Fail | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
AMarkets vs TMGM: Frequently Asked Questions
The scores are close: AMarkets rates 3.8/5 and TMGM rates 4/5. TMGM 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 AMarkets and TMGM start from 0 pips, making them equivalent on this metric. Compare commissions and account types to evaluate total trading costs.
Both AMarkets and TMGM require a minimum deposit of $100 to open a live trading account.
TMGM holds top-tier regulation (ASIC, VFSC), providing stronger investor protections. AMarkets 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, TMGM provides negative balance protection, capping losses at your deposit amount. Also compare demo account availability and educational resources on each broker's site before deciding.
AMarkets lists maximum leverage of 3000:1, while TMGM lists up to 500:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
AMarkets charges $6 per lot, lower than TMGM's $7 per lot. Lower commissions benefit active traders who execute many trades per day.
AMarkets supports cTrader, MetaTrader 5, MetaTrader 4, while TMGM supports IRESS, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. AMarkets has exclusive access to cTrader. TMGM has exclusive access to IRESS.
