Markets.com and TMGM face off on regulation, costs, and platform choice. The axis of tension is how each balances protection, access to trading tools, and instrument breadth.
Find out which broker best suits your trader profile.
Choose if…
Choose Markets.com if you prioritize four-jurisdiction regulation and a $25 minimum deposit.
Choose if…
Choose TMGM if you want 12,000+ instruments and raw spreads from 0.0 pips with $7/lot.
Which broker wins for each type of trader, based on costs, safety, platforms, and editorial scoring.
| Editorial score | 4.0/ 5 | 4.0/ 5 |
|---|---|---|
| Score Breakdown | ||
Trust & Regulation 40% weight | 4.3 / 5 | 4.3 / 5 |
Pros
CySEC, FCA, ASIC, and FSCA four-jurisdiction regulation
$25 minimum deposit - lowest among brokers with this regulatory stack
2,200+ instruments including shares CFDs
FSCS protection (UK) and ICF compensation (EU)
Client funds held in segregated accounts
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Markets.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 | Pass | Pass |
| Proprietary platform | Pass | Fail |
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| Customer Support | ||
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
| Multilingual support | Pass | Pass |
Markets.com and TMGM share the same editorial score of 4/5. One concrete differentiator: Markets.com requires a lower minimum deposit.
TMGM starts from 0 pips, tighter than Markets.com's 0.6 pips. Tighter spreads lower the cost per trade, which matters most for high-frequency and scalping strategies.
Markets.com has $25, while TMGM requires at least $100. This makes Markets.com more accessible for traders with limited starting capital.
Both Markets.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: Markets.com requires a lower minimum deposit ($25), lowering the barrier to entry, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
Markets.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 Markets.com are not currently available. Check their website for up-to-date pricing.
Markets.com supports MetaTrader 5, Proprietary Web/Mobile, MetaTrader 4, while TMGM supports IRESS, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 5 and MetaTrader 4. Markets.com has exclusive access to Proprietary Web/Mobile. TMGM has exclusive access to IRESS.
TMGM offers tighter spreads from 0.00 pips vs 0.60 pips for Markets.com, reducing trading costs.
Markets.com wins for safety and regulation with four-jurisdiction oversight and fund segregation.
TMGM suits active traders with 12,000+ instruments and raw spreads via ECN Edge.
TMGM is better suited for scalpers: raw/ECN spreads available, tighter spreads from 0.00 pips.
TMGM offers MT4/MT5 and IRESS for advanced access to DMA equities.
Markets.com is best for beginners due to a low $25 minimum and strong regulatory protections.
TMGM wins for instrument variety with 12,000+ instruments.
Fees & Spreads 30% weight | 4.1 / 5 | 4.3 / 5▲ |
|---|
Platforms & Tools 20% weight | 3.9 / 5 | 4.2 / 5▲ |
|---|
Customer Support 10% weight | 4.0 / 5 | 4.1 / 5▲ |
|---|
| Founded | 2009 | 2013 |
|---|
| Headquarters | Limassol, Cyprus | Melbourne, Australia |
|---|
| Min Deposit | $25▼ 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 | None | None |
|---|
| Deposit Fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | Bank transferCredit cardCrypto |
|---|
| Withdrawal Fee | Free | Free |
|---|
| Regulators | ASIC CySEC FCA FSCA | ASIC VFSC |
|---|
| Platforms | MetaTrader 5 Proprietary Web/Mobile MetaTrader 4 | IRESS MetaTrader 5 MetaTrader 4 |
|---|
| Active bonuses |
|---|
Negative balance protection
Investor compensation scheme coverage
No deposit fees
No inactivity fee
MetaTrader 4 and MetaTrader 5 supported
Mobile trading app available
Proprietary trading platform available
Advanced charting tools included
Transparent pricing with clear cost disclosure
24/5 live chat support
Phone support available
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
Spread-only pricing, no raw ECN account
Research tools limited, no analyst reports or stock screener
Not available to US clients
Platform analytical depth below Saxo or IG
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
Markets.com has a proprietary trading platform, TMGM does not.
Dig deeper into each broker’s features, fees, and regulation.
Score 4 / 5
Score 4 / 5
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