Choose Exness if you want…
Active traders and scalpers prioritizing tight raw spreads and fast withdrawals; MENA traders in particular.
Exness
⭐ 4.6 / 5
VS
TMGM
⭐ 4.3 / 5
Exness vs TMGM — which broker is better in 2026?
We compared Exness and TMGM across five core criteria: regulation, minimum deposit, spreads, platform choice, and overall user rating. Exness wins on more criteria (4 categories vs 0), making it the stronger default for most traders. Both brokers remain reputable, independently tier-1 regulated options.
| Exness | TMGM | Winner | |
|---|---|---|---|
| Rating | ⭐ 4.6 / 5 | ⭐ 4.3 / 5 | Exness |
| Regulators | CySEC, FCA, FSCA, FSA Seychelles | ASIC (Australia), VFSC Vanuatu, FMA New Zealand | Exness |
| Min. deposit | $10 | $100 | Exness |
| Spreads from | 0.0 pips (Raw Spread / Zero account) | 0.0 pips (Edge) | Tie |
| Max. leverage | Up to 1:Unlimited (jurisdiction dependent) | 1:500 (offshore) | — |
| Platforms | MT4, MT5, Exness Terminal (web), Exness Mobile | MT4, MT5, IRESS | Exness |
| Founded | 2008 | 2013 | — |
| HQ | Limassol, Cyprus | Sydney, Australia | — |
Pros & cons compared
Exness pros
- ✓ Industry-leading raw spreads from 0.0 pips on majors
- ✓ Instant withdrawals 24/7 via crypto and e-wallets
- ✓ Multi-jurisdictional regulation including CySEC and FCA
- ✓ Strong MENA presence with Arabic-language support
- ✓ Negative balance protection on all account types
Cons
- ✗ Variable leverage caps depending on entity (EU = 1:30 retail)
- ✗ Limited educational content vs. competitors like XM
- ✗ No proprietary trading platform beyond MT4/MT5
TMGM pros
- ✓ ASIC (Australia) and FMA (New Zealand) tier-1 regulation
- ✓ IRESS direct-market-access platform on top of MT4/MT5
- ✓ 12,000+ instruments including extensive share CFDs
- ✓ Raw Edge account with spreads from 0.0 pips
- ✓ Strong APAC presence and multilingual support
Cons
- ✗ IRESS carries data fees, particularly for inactive accounts
- ✗ Maximum leverage only via the offshore entity
- ✗ Education is lighter than XM or eToro
Which one should you choose?
Choose TMGM if you want…
Active APAC traders wanting ASIC regulation plus IRESS direct-market-access share trading.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs with TMGM. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Frequently asked questions
Which is better — Exness or TMGM?
Based on five comparison criteria (regulation, deposit, spreads, platforms, overall rating), Exness wins 4 categories. That makes it the stronger default choice — though both brokers remain reputable, independently tier-1 regulated options.
Is Exness more regulated than TMGM?
Exness holds licenses from: CySEC, FCA, FSCA, FSA Seychelles. TMGM holds licenses from: ASIC (Australia), VFSC Vanuatu, FMA New Zealand. Exness has more regulatory licenses, giving it broader geographic coverage.
What are the spreads at Exness vs TMGM?
Exness spreads start from 0.0 pips (Raw Spread / Zero account). TMGM spreads start from 0.0 pips (Edge). Actual spreads vary by account type and market conditions.
Which has a lower minimum deposit, Exness or TMGM?
Exness: $10. TMGM: $100. Exness has the lower entry barrier.
