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TMGM accounts and how they score

Account range and entry terms feed the rating. Here are TMGM's accounts and the facts the score is built on.

Facts last checked . Read the full TMGM review.

Accounts

Minimum deposit
$100
Account types
EDGE, CLASSIC, Islamic/Swap-Free, Demo
Account currencies
USD, AUD, EUR, GBP, NZD, CAD
Islamic account
Yes
Demo account
Yes
Professional account
Yes, jurisdiction-dependent
Minimum trade size
0.01 lots
Time to open
Less than 3 minutes

What this means

TMGM runs 4 account types. More choice is not automatically better: the tightest headline spread almost always sits on the account that also charges a commission, so the comparison that matters is the two added together.

Base currencies: USD, AUD, EUR, GBP, NZD, CAD. Holding the account in the currency you fund it with avoids a conversion charge on every deposit and withdrawal - a cost that never shows up in a spread comparison.

The smallest position is 0.01 lots. For anyone starting carefully this matters more than the minimum deposit, because it sets the least you can put at risk on a single trade.

A demo account is available. Worth using for the platform rather than the results: fills are simulated, so it tells you how the software behaves but very little about execution.

Questions about TMGM accounts

What account types does TMGM offer?

TMGM offers 4 account types: EDGE, CLASSIC, Islamic/Swap-Free, Demo.

What is the minimum deposit at TMGM?

The minimum deposit at TMGM is $100. It can differ by account type and by the entity you register with.

Does TMGM offer an Islamic account?

Yes. TMGM offers a swap-free account for clients who need one.

Accounts at brokers under the same regulator

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