The rating, decomposed
TMGM review
What produced TMGM's rating - every factor, shown separately.
TMGM has not been rated yet - we score a broker only once it has been assessed against every measure, so the number stays comparable. Regulated by ASIC, offering MT4, MT5. What follows is drawn from the broker's own published material and covers the things that decide the account you end up with: who oversees them, what trading actually costs, and where the compromises sit.
Our rating
Not yet rated. We publish a score only once the broker has been assessed against every measure, so the number stays comparable across our sites. The specifications below are still accurate.
What it costs to trade
- Spread from
- 0.0 pips
- Minimum deposit
- $100
A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.
Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.
TMGM lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.
Platforms
- Trading software
- MT4, MT5
MetaTrader 4 remains the most widely supported platform for expert advisors. If you rely on an existing EA, this is usually the deciding factor.
MetaTrader 5 handles more asset classes and order types than MT4, but expert advisors are not compatible between the two - an MT4 EA will not run on it.
Leverage, markets and funding
- Maximum leverage
- 1:30
- Markets
- Not on record
- Funding
- Not on record
Leverage is capped at 1:30, which is the retail limit under tier-one regulation. It is a protection rather than a restriction: it caps how quickly a position can move against your balance.
Regulation and safety
- Regulated by
- ASIC
TMGM holds a tier-one authorisation from ASIC. That matters more than any headline spread: it determines your leverage cap, whether losses can exceed your deposit, and what happens to your money if the firm fails.
ASIC caps retail leverage at 1:30, requires negative balance protection, and obliges the broker to hold client money in a separate trust account.
Information is regularly updated. Last compiled from TMGM's own website on 26 August 2026.