TMGM Fees & Spreads (2026)
Rated 4.1/5 overall
- Spreads from
- 1.0 pips (Classic Account), 0.0 pips (Edge Account)
- Spread type
- Variable
- Commission
- Classic Account: No commission, Edge Account: $3.5 per lot per side
- Maximum leverage
- 1:30 (ASIC), 1:1000 (FSCM), 1:1000 (VFSC), 1:1000 (CMA)
Fees score 4.4/5 - #31 of 49
TMGM ranks #31 for fees among the 49 brokers we track, scoring better than 25% of them.
$100 to start
Minimum deposit is $100, so you can verify these costs on a small account first.
Our analysis of TMGM's fees
TMGM uses a two-account pricing model for retail traders, with costs that are competitive, particularly on its raw-spread account.
| Account | Spread from | Commission | Best suited to |
|---|---|---|---|
| Classic | 1.0 pip | None | Beginners and lower-frequency traders |
| Edge | 0.0 pips | $3.50 per side ($7 round turn) | Scalpers and active traders |
The Edge account is TMGM's true ECN offering, pairing raw spreads with a transparent commission. The Classic account removes the commission in exchange for wider spreads, which suits less active traders who prefer simple pricing. Index and stock CFD costs on MetaTrader are included in the spread.
How TMGM's forex costs compare
| Broker | Avg. spread (EUR/USD) | Commission per standard lot (round-turn) |
|---|---|---|
| TMGM (Edge) | 0.1 pips | $7.00 |
| Pepperstone (Razor) | 0.1 pips | $7.00 |
| IC Markets (Raw) | 0.1 pips | $7.00 |
| IG (standard) | 0.9 pips | None |
On all-in costs, TMGM’s Edge account sits alongside the leading ECN brokers rather than ahead of them.
Non-trading fees
TMGM charges no deposit or withdrawal fees. An inactivity fee of $10 per month applies if an account is inactive for more than one year. Overnight swap costs are relatively high, eroding returns on positions held over multiple days.
Bottom Line
TMGM is cost-competitive for active traders, with Edge pricing in line with that of the best ECN brokers. The inactivity trigger and high overnight swaps are the main drawbacks, making it better suited to frequent, short-term traders than to occasional or long-term traders.
More on TMGM
80% of retail FX and CFD accounts lose money.