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fpmarkets vs TMGM

Independent side-by-side on safety (scam-risk, regulation, reviews) and selection (costs, products, funding, who it's best for). We charge brokers nothing.

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Safer pick fpmarkets leads on safety — winning 2 of 3 trust metrics (lower scam-risk, stronger regulation). Check the selection rows for the best fit.
fpmarkets Forex
20/100 risk
🇦🇺 Australia
Read review →
TMGM Forex
10/100 risk
🇦🇺 Australia
Read review →
Safety & Trust
Scam-risk score lower = safer
20
10
Verdict
Low risk
Low risk
Regulated
Yes
Yes
Licenses
2
2
Tier-1 regulators
2
1
Trustpilot score
4.8
Reviews collected
10255
Exit risk lower = safer
Guarded
Known clones
6
10
Regulator warnings
0
0
Cost & Accounts
Min deposit lower = easier to start
$100
$100
Max leverage
1:500
1:1000
Min spread (best acct)
from 0
from 0
Commission
$3.5
Cost grade
AAA
B
Account types
2
3
Best for
Suits
Traders who prioritize regulatory oversight (ASIC, CySEC) and a wide range of instruments, Traders who value fast, friendly customer support for routine issues, Traders comfortable with a low-risk score and willing to navigate occasional withdrawal friction
Experienced ECN traders seeking raw spreads, MT4/MT5 users who want a low $100 minimum deposit, Algorithmic and scalping strategies (via Edge account)
Not for
Traders who require guaranteed, hassle-free withdrawals, Traders who are sensitive to latency and execution speed, Traders who have had prior disputes over 'abusive trading' accusations
Traders who need strong retail protections and leverage caps, Those uncomfortable with offshore licensing (VFSC), US or UK residents (not onboarded under major Western regulators)
Products & Funding
Instruments
70+ FX pairs, metals, indices, commodities
FX: 56 Bullion: 3 Oil: 2 CFD: 20 Crypto: 12 Shares: 48
Deposit methods
Bank, transfer, NETELLER, Skrill, PerfectMoney
Bank, transfer, Skrill, MASTER, VISA
Withdrawal
Skrill, PerfectMoney, Neteller
Bank, transfer, Neteller, Skrill
Execution
Speed
AA
AAA
Slippage
D
C
Swap cost
B
A
Company
Founded
2017-09-07
2017-11-27
Headquarters
🇦🇺 Australia
🇦🇺 Australia
Employees
0
0

✓ = stronger value on that row · good · caution · weak · "—" = not yet collected. Independent scoring, never for sale.

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