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Broker Comparison

QRS Markets vs TMGM

Side-by-side comparison of QRS Markets and TMGM on every dimension professional traders care about — from fees and leverage to regulators, scalping rules, and EA support. Updated May 2026.

Reviewed & ranked byTradingEdge IC License — Investment Consultant (Thai SEC) Strategic Partner of Top-Tier Brokers
Published April 1, 2026·Last updated May 3, 2026·See our review methodology
QR
QRS Markets
⭐ 3.9 · Saint Vincent & the Grenadines

QRS Markets is a newer broker focused on Thai market needs — fast deposit/withdrawal via True Wallet and PromptPay, plus daily auto-credited rebates.

$8/lotSpread 0.2p1:500
Open account QRS MarketsRead full review →
winner
TM
TMGM
⭐ 4.0 · Sydney, Australia

TMGM (TradeMax Global Markets) is an Australian broker founded in 2013 in Sydney, focused on multi-asset trading: Forex, Stocks, Crypto, Indices. Famous for ECN execution and 12,000+ stock CFDs.

$9.4/lotSpread 0p1:500
Open account TMGMRead full review →
Verdict

TMGM wins 7/13 categories — the better all-round choice.

QRS Markets: 2 · TMGM: 7 · tied: 4
FieldQRS MarketsTMGM
Rebate per lot$8 / lot$9.40 / lot
Spread from0.2 pips0 pips
Execution speed100 ms45 ms
Max leverage1:5001:500
Min deposit$50$100
User rating3.9 / 5 (320)4.0 / 5 (1,245)
Trust score6.80 / 108.05 / 10
Execution typeSTPECN / DMA
Liquidity providers5+17+
RegulatorsVFSC (Vanuatu)ASIC (AU) #436416 · FMA (NZ) #FSP345553 · VFSC (VU) #40356
PlatformsMT4 · MT5MT4 · MT5 · IRESS · TMGM Mobile
Payout frequencyรายวันทุก 2 วัน
Withdrawal time24 ชม.1-4 ชม.
Swap-free / Islamic✓—
Scalping allowed✓✓
EA / algo allowed✓✓
Negative balance protection✓✓
Strengths of QRS Markets
  • Optimised for Thai traders
  • Fast Thai-bank deposits
  • Thai-language support
  • Daily rebates
  • Newer brand
  • Limited regulatory footprint
Strengths of TMGM
  • 12,000+ stock CFDs — biggest selection
  • ECN execution under 35ms
  • ASIC + FMA regulation
  • IRESS Pro included
  • No deposit bonus
  • Spread wider than IC Markets / Pepperstone

Other comparisons traders look at

QRS Markets vs HF MarketsTMGM vs HF MarketsQRS Markets vs IC MarketsTMGM vs IC Markets
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