TMGM Demo Account (2026)
Rated 4.1/5 overall
- Free demo account
- Yes
- Practice platforms
- Mobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5)
- Min. deposit to go live
- $100
- Swap-free account available
- Yes
48 of 49 brokers offer demos
A demo is table stakes - what differs is platform quality and how closely practice conditions match live pricing.
Education score 3.0/5 - #39 of 49
TMGM's learning resources rank #39 among the 49 brokers we score for education - useful while you practise.
TMGM account types, including the demo
TMGM offers two main retail accounts, the Classic and Edge accounts. The choice between Classic and Edge comes down to pricing rather than features.
| Account | Minimum deposit | Spread from | Commission |
|---|---|---|---|
| Classic | $100 | 1.0 pip | None |
| Edge | $100 | 0.0 pips | $3.50 per side |
Both retail accounts support a 0.01-lot minimum and offer a range of base currencies, including USD, AUD, EUR, GBP, NZD, and CAD. Swap-free Islamic accounts are available to clients who require Shariah-compliant conditions.
Leverage varies by entity. Australian retail clients under ASIC are capped at 1:30 on major forex pairs and 1:20 on minor forex pairs. New Zealand clients under the FMA are capped at 1:200 on forex, while offshore registrations can extend up to 1:1000.
Bottom Line
TMGM's account structure is straightforward, with the main decision between the commission-free Classic and the raw-spread Edge. The Classic account is ideal for beginners who prioritize simplicity over savings, whereas the Edge account is better suited for most active forex traders. The extensive range of leverage will be most significant for traders choosing between regulated and offshore entities.
More on TMGM
80% of retail FX and CFD accounts lose money.