TMGM vs XM
Side-by-side broker comparison covering rebates, spreads, leverage, regulation, and platforms.
| Feature | TMGM | XM |
|---|---|---|
| Rebate | Upto $20/lot | Upto $18/lot |
| Rebate % | 100% | 100% |
| Min deposit | $100 | $30 |
| Max leverage | 1:500 | 1:1000 |
| Spreads | From 0.0 pips | From 30 pips |
| Withdrawal time | 1-2 business days | Instant |
| Regulators | ASIC, VFSC | CySEC, FSC, ASIC, DFSA, FCA |
| Platforms | MT4, MT5, IRESS | MT4, MT5, XM WebTrader, XM App, TradingView, WebTrader, Mobile App |
| Category | FOREX | FOREX |
Rebate by Instrument
| Feature | TMGM | XM |
|---|---|---|
| AUDUSD | $10 | $8.1 |
| BTCUSD | $1.5 | $18 |
| ETHUSD | $1.5 | $1.3 |
| EURUSD | $10 | $8.1 |
| GBPUSD | $10 | $10.8 |
| GOLD | — | $18 |
| NZDUSD | $10 | $9 |
| OILCASH | — | $1.94 |
| SILVER | — | $81 |
| USDJPY | $10 | $8.1 |
| USOIL | $1.43 | — |
| XAGUSD | $20 | — |
| XAUUSD | $20 | — |
Account Types
TMGM
- StandardMin deposit: $100 · Max leverage: 1:500 · Rebate %: $20.00/lot
- ClassicMin deposit: $100 · Max leverage: 1:500 · Rebate %: $4.00/lot
- ProMin deposit: $100 · Max leverage: 1:500 · Rebate %: $10.00/lot
- EdgeMin deposit: $100 · Max leverage: 1:500 · Rebate %: $2.00/lot
XM
- Standard / Standard MicroMin deposit: $30 · Max leverage: 1:1000 · Rebate %: 100%
- Ultra Low / Micro UltralowMin deposit: $30 · Max leverage: 1:1000 · Rebate %: 100%
Regulation Detail
TMGM
- ASIC · AustraliaStrict client-fund segregation, 1:30 retail leverage cap.
- VFSC · VanuatuOffshore licence, leverage up to 1:1000 typically allowed.
XM
- CySEC · —See regulator website for client-protection details.
- FSC · —See regulator website for client-protection details.
- ASIC · AustraliaStrict client-fund segregation, 1:30 retail leverage cap.
- DFSA · —See regulator website for client-protection details.
- FCA · United KingdomFSCS up to £85,000 per client, 1:30 retail leverage cap.
Why pick TMGM
- ✓Higher rebate per lot (Upto $20/lot vs Upto $18/lot), direct cost reduction for active traders.
Why pick XM
- ✓Lower minimum deposit ($30 vs $100), easier entry for new accounts.
- ✓Regulated by more authorities (5 vs 2), broader cross-jurisdiction oversight.
- ✓Wider platform support (MT4, MT5, XM WebTrader, XM App, TradingView, WebTrader, Mobile App).
Verdict
Both TMGM and XM are viable choices. Choose based on platform familiarity, account-type fit, and the regulator that matters in your jurisdiction; the rebate gap is small.