winner
FxPro
⭐ 4.5 · London, UK
FxPro is a UK broker founded in 2006, an industry leader in NDD (No Dealing Desk) execution and the originator of cTrader. Multiple Tier-1 regulators with offices around the world.
$7.8/lotSpread 0p1:500
Broker Comparison
FxPro vs TMGM
Side-by-side comparison of FxPro 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
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
Verdict
FxPro wins 6/13 categories — the better all-round choice.
FxPro: 6 · TMGM: 1 · tied: 6
| Field | FxPro | TMGM |
|---|---|---|
| Rebate per lot | $7.80 / lot | $9.40 / lot |
| Spread from | 0 pips | 0 pips |
| Execution speed | 38 ms | 45 ms |
| Max leverage | 1:500 | 1:500 |
| Min deposit | $100 | $100 |
| User rating | 4.5 / 5 (2,890) | 4.0 / 5 (1,245) |
| Trust score | 8.95 / 10 | 8.05 / 10 |
| Execution type | NDD / DMA | ECN / DMA |
| Liquidity providers | 20+ | 17+ |
| Regulators | FCA (UK) #509956 · CySEC (CY) #078/07 · FSCA (ZA) #45052 | ASIC (AU) #436416 · FMA (NZ) #FSP345553 · VFSC (VU) #40356 |
| Platforms | MT4 · MT5 · cTrader · FxPro Edge · TradingView | MT4 · MT5 · IRESS · TMGM Mobile |
| Payout frequency | รายวัน | ทุก 2 วัน |
| Withdrawal time | 1-3 วันทำการ | 1-4 ชม. |
| Swap-free / Islamic | ✓ | — |
| Scalping allowed | ✓ | ✓ |
| EA / algo allowed | ✓ | ✓ |
| Negative balance protection | ✓ | ✓ |
Strengths of FxPro
- 5 Tier-1 regulators (FCA, CySEC, FSCA, DFSA, SCB)
- cTrader native support
- NDD execution — no conflict of interest
- 7,000+ instruments
- No deposit bonus
- Tight account-type restrictions
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