TMGM
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74-89% of retail CFD accounts lose money.

Vs.

Admiral Markets
Visit

81% of retail CFD accounts lose money.

TMGM Vs. Admiral Markets - Compare Trustworthiness, Capabilities, Fees and Legitimacy

Updated Oct 20 2022

Visit

74-89% of retail CFD accounts lose money.

Visit

81% of retail CFD accounts lose money.

Overview

TMGM is an Australian broker specialised in financial derivatives known as contract-for-differences (CFDs). Operating since 2013, TMGM provides trading in forex, stocks, indices, cryptocurrencies and commodities.

Admiral Markets (now Admirals) is a global broker headquartered in Estonia with a comprehensive asset offering (5000+) in CFDs and real stocks or ETFs along with MetaTrader 4 & 5.

Best For
  • Swing traders who can use high leverage
  • Stock traders who do not have access or funds to trade with specialised brokers
  • Beginners looking to get started investing in stocks or ETFs
  • Intermediate and advanced traders looking to trade CFDs
  • Professional traders and asset managers 
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • FMA (New Zealand)
  • VFSC (Vanuatu)
  • ASIC (Australia)
  • CySec (Cyprus)
  • FCA (United Kingdom)
  • JSC (Jordan)
The Good
  • High and flexible leverage
  • No deposit or withdrawal fees
  • Supports Expert Advisors (EAs), hedging and news trading
  • Broad offering of 5000+ assets including CFDs, real stocks and ETFs
  • MetaTrader 4 & 5 along their propietary trading app
  • Tools for professionals and asset managers
The Bad
  • Only has financial derivatives (CFDs)
  • Inactivity fee is tied to minimum account balance
  • Costly spreads in some of their assets when compared to similar competitors
  • No propietary web trading platform 
Status
Operational Operational
Recent News

No fresh news at the moment. Check again soon!

No fresh news at the moment. Check again soon!

Key Data
⌛ Account Opening Time
1 day 1 day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2013 2001
💳 Minimum Deposit Range
$100 $100
💰 Payment Methods
  • Bank Transfer
  • Credit cards
  • Debit cards
  • FasaPay
  • Neteller
  • RMB Instant
  • Revolut
  • Paytrust
  • Skrill
  • Sticpay
  • UnionPay
  • Wise
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
💵 Account Base Currencies
6 - EUR, USD, GBP, AUD, NZD, CAD. 10 -EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries

US.

US, CA.

📊 STP Account
Yes Yes
📊 DMA Account
Yes Yes
📊 ECN Account
Yes No
Banking License
No No
Debit Card
No Yes
Assets
📚 Assets Type
CFDs Hybrid
Total Asset Offering
12,091 4,559
Exchange Access
0 1
📙 Real Stocks
0 0
📙 Stock CFDs
12,000 3,254
📘 Currency Pairs
0 0
📘 Currency Pair CFDs
55 40
📗 Commodities
0 0
📗 Commodities CFDs
6 28
📕 Indices
0 0
📕 Indices CFDs
15 43
📔 ETFs
0 778
📔 ETFs CFDs
0 372
💸 Cryptocurrencies
0 0
💸 Cryptocurrency CFDs
15 42
📒 Bonds
0 0
📒 Bonds CFDs
0 2
📓 Options
0 0
📓 Options CFDs
0 0
📗 Futures
0 0
📗 Futures CFDs
0 0
Trading Experience
📈 Minimum Stock Trade Size
1 Share Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
Unavailable Unavailable
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC) Varies by cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1,000 (0.01 Lots) $1000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per Commodity (0.01 lots for gold, 1 lot for Crude Oil) Varies by Commodity (Eg: 1 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
Unavailable Unavailable
📈 Minimum Futures Trade Size
Unavailable Unavailable
📉 Minimum Options Trade Size
Unavailable Unavailable
💪 Retail Leverage
500 30
💪 Professional Leverage
Unavailable 500
✍ Customisable Leverage
Yes No
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
📺 cTrader
No No
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes No
👬 Copy Trading
No Yes
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No Yes
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

$30 fee if there is no activity for 6 months or if the account balance falls below $500.

$10 monthly after 24 months of inactivity.

💰 Deposit Fees
None None
💰 Withdrawal Fees
None None
💰 Commissions

Yes, from $3.5 per lot round turn

Depending on account type (eg: Zero MT4 or 5 accounts have a $3 per lot round turn commission, ASX shares have a 0.15% fee, etc)

Spreads
📈 EUR/USD
Dynamic - From 0 pips From 0.8 Pips
📉 SP500
Dynamic - From 30 Pips From 50 Pips
📈 GOLD
Dynamic - From 11 pips Dynamic - From 20 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.48 Dynamic - From $1.45
📈 XLK (ETF - CFD)
Unavailable Dynamic - From 2 Pips
📉 BTC
Dynamic - From $32 Variable - From $208
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes No
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No
📡 Educational Content
No Yes
📡 Live Chat Support
No Yes
📡 Video Tutorials
No No
📡 Account Management
No Yes
📡 Webinars
No Yes