Online brokers compared for fees, trading platforms, safety and more. See how TMGM stacks up against XM!
Last update of data—Dec 2022
TMGM is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Recommended for forex traders who prefer the MetaTrader platform.
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening.
TMGM
TMGM is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
Recommended for forex traders who prefer the MetaTrader platform.
XM
XM is a global forex and CFD broker regulated by Australia's ASIC, CySEC of Cyprus, and Belizean authority IFSC.
Recommended for forex and CFD traders who prefer MetaTrader platforms and seek great account opening.
TMGM's service is on par with XM's and a comparison of their fees shows that TMGM's fees are similar to XM's.
Account opening takes about the same effort at TMGM compared to XM, deposit and withdrawal processes are somewhat more complicated at TMGM, while customer service quality is similar to XM's.
Our experts rated the trading platform of TMGM as being of the same quality as the platform of XM, found that clients have access to about the same number of markets and products with TMGM, while XM provides somewhat better research and education.
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