Two brokers contrast on trust, cost, and platforms. Capital.com relies on a proprietary platform with strong regulation, while TMGM offers MT4/MT5 with raw spreads.
Capital.com edges TMGM on the editorial score, underpinned by FCA/ASIC/CySEC/MAS regulation and zero-commission pricing. TMGM offers raw spreads with ECN Edge and broader instrument access, but its overall score remains lower.
Find out which broker best suits your trader profile.
Choose Capital.com if…
Choose Capital.com if you want strong regulation and zero-commission trades.
Choose TMGM if…
Choose TMGM if you want MT4/MT5 access and raw spreads.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
TMGM offers tighter spreads from 0.00 pips vs 0.60 pips for Capital.com, reducing trading costs.
| Editorial score | 4.3/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.3 / 5 |
Pros
Very low $20 minimum deposit
AI-powered pattern recognition built into proprietary platform
Zero commission on all trades
FCA, ASIC, CySEC, and MAS regulation
Client funds held in segregated accounts
Negative balance protection
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Capital.com | TMGM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, CFTC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS) | Pass | Fail |
| Fees & Spreads | ||
| Raw/ECN spreads available | Fail | Pass |
| No deposit fee | Pass | Pass |
| No inactivity fee | Pass | Pass |
| Transparent pricing page | Pass | Pass |
| Platforms & Tools | ||
| MT4/MT5 available | Fail | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Fail | Pass |
| Multilingual support | Pass | Pass |
The scores are close: Capital.com rates 4.3/5 and TMGM rates 4/5. Capital.com 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.
TMGM starts from 0 pips, tighter than Capital.com's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Capital.com has $20, while TMGM requires at least $100. This makes Capital.com more accessible for traders with limited starting capital.
Both Capital.com and TMGM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: Capital.com requires a lower minimum deposit ($20), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Capital.com lists maximum leverage of 30:1, 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.
TMGM charges $7 per lot on commission-based accounts. Commission details for Capital.com are not currently available. Check their website for up-to-date pricing.
Capital.com supports Proprietary Web/Mobile, while TMGM supports IRESS, MetaTrader 5, MetaTrader 4. Capital.com has exclusive access to Proprietary Web/Mobile. TMGM has exclusive access to IRESS and MetaTrader 5 and MetaTrader 4.
Capital.com wins for safety and regulation due to FCA/ASIC/CySEC/MAS licenses and segregated client funds.
TMGM wins for active traders with high leverage up to 500:1 and DMA access.
TMGM is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
TMGM wins for platform choice due to MT4/MT5 support.
Capital.com wins for beginners with a $20 minimum deposit and zero-commission trades.
TMGM wins for instrument variety with 10,000+ instruments including DMA equities.
Fees & Spreads 30% weight | 4.2 / 5 | 4.3 / 5▲ |
|---|
Platforms & Tools 20% weight | 4.5 / 5▲ | 4.2 / 5 |
|---|
Customer Support 10% weight | 4.2 / 5▲ | 4.1 / 5 |
|---|
| Founded | 2016 | 2013 |
|---|
| Headquarters | London, United Kingdom | Melbourne, Australia |
|---|
| Min Deposit | $20▼ lower | $100 |
|---|
| Spreads From | 0.6 pips | 0 pips▼ lower |
|---|
| Commission / lot | N/A | $7/lot |
|---|
| N/A | 0.7 pips |
| Max Leverage | 30:1 | 500:1▲ higher |
|---|
| Inactivity Fee | $10/month (after 3 months) | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNetellerPayPalApple PayGoogle Pay | Bank transferCredit cardDebit cardCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | MAS FCA ASIC CySEC CMA | ASIC VFSC |
|---|
| Platforms | Proprietary Web/Mobile | IRESS MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Investor compensation scheme coverage
No deposit fees
No inactivity fee
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Multilingual customer support
Pros
10,000+ instruments including real equities via IRESS DMA
ASIC regulated, Tier 1 Australian investor protections
ECN Edge account: raw spreads from 0.0 pips at $7 commission
Strong multilingual support for Asian clients
Client funds held in segregated accounts
Negative balance protection
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
Cons
Proprietary platform only, no MT4 or MT5
Limited product range for advanced traders
No phone support
No raw spread account option
No MetaTrader support
Cons
$100 minimum deposit on standard accounts
Less brand recognition than IC Markets or Pepperstone in Australia
IRESS DMA platform requires separate setup
No investor compensation scheme
No proprietary platform
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Personalised recommendation
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