Written by ForexBrokers.com
In this head to head comparison of Admirals vs TMGM, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Admirals, established in 2001, stands out with a strong trust factor in the world of online brokerage, holding a trust score of 93 as ranked by ForexBrokers.com. Admirals boasts four Tier-1 licenses, indicating a high level of reliability among financial regulators, and adds to this with three Tier-2 licenses. This deep regulatory framework positions Admirals within the "highly trusted" category. Admirals is not publicly traded and does not operate as a bank.
Founded in 2013, TMGM presents itself as a trusted player with an 83 trust score by ForexBrokers.com. TMGM holds two Tier-1 licenses, reflecting a commendable commitment to regulatory compliance. Unlike Admirals, TMGM does not possess any Tier-2 licenses, yet it remains within the "trusted" category. TMGM is also not publicly traded and functions independently of banking operations, offering users a secure online trading experience.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Year Founded | 2001 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
For commissions and fees, Admirals and TMGM are both competitive, but they take different paths. Admirals stands out for publishing clear spread information, with typical spreads around 0.8 pips on its Trade account and similar pricing on its Zero account. TMGM’s Edge account pairs low spreads with a small commission, but recent average spread data for the EUR/USD wasn’t available—a drawback, since the best forex brokers typically publish average spreads to help you gauge total trading costs. Ratings and rankings reflect this: Admirals earns 4.5/5 stars and ranks #18 out of 63 brokers for Commissions and Fees, while TMGM earns 4/5 stars and ranks #37 out of 63.
Admirals’ value proposition is straightforward: competitive pricing with typical spreads near 0.8 pips on the Trade account, and similar pricing on the Zero account type. If you want transparent, spread-focused pricing and an easy way to estimate your costs on popular pairs like EUR/USD, Admirals makes that simple.
TMGM’s commissions and fees hinge on your account choice. The Classic account is spread-only, while the Edge account charges a small commission of $3.50 per side ($7 per round trip) alongside low spreads and no requotes. One caution: TMGM did not provide recent average spread data for the EUR/USD, which makes apples-to-apples cost comparisons harder. Also note for Islamic finance clients: swap-free (interest-free) trading is available only on the Edge account, not on the Classic option.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average spread (EUR/USD) - Standard account | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
Admirals and TMGM both let you trade forex as CFDs or spot contracts, and each supports copy trading. TMGM lists more total instruments (about 12,000) than Admirals (about 8,702), while Admirals offers more currency pairs (82 vs. 62). Both brokers provide cryptocurrency CFDs, but neither allows you to buy actual crypto.
For stocks, Admirals stands out by offering exchange-traded shares on both U.S. and international markets; TMGM does not offer exchange-traded shares. Despite these differences, both earn 4.5 out of 5 stars for Range of Investments. In ForexBrokers.com’s rankings out of 63 brokers, TMGM is placed at #18 and Admirals at #20—so your choice may come down to whether you value TMGM’s larger instrument list or Admirals’ access to real shares alongside its broad forex lineup.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 12000 |
| Forex Pairs (Total) | 82 | 62 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
Admirals and TMGM both make it easy to get started with a free demo account and offer trading on Windows desktop and in your web browser. Each supports copy trading and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, and both let you place trades directly from charts. A key difference: Admirals also provides its own in-house platform, while TMGM focuses on third‑party platforms.
For Trading Platforms and Tools, both brokers earn 4 stars, but Admirals ranks higher (#19 of 63) than TMGM (#49 of 63) on ForexBrokers.com. Specific counts for built-in chart indicators and watchlist fields aren’t listed. If you want MetaTrader with the option to try an additional in-house platform, Admirals has the edge; if you’re set on MT4/MT5, either broker fits the bill.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Admirals and TMGM both deliver mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts, offers 30 technical studies for charting, lets you draw trendlines, and auto-saves those drawings. One shared limitation: neither app syncs watchlist symbols with the web platform, so changes you make on mobile won’t automatically appear online.
Both apps earn 4 stars for Mobile Trading Apps, but Admirals holds a higher placement in ForexBrokers.com’s rankings—#23 out of 63 brokers—while TMGM is #48. If you care most about equal charting tools and alerts on either iOS or Android, both are solid options. If third‑party rankings influence your choice, Admirals has the edge.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Admirals and TMGM both cover the basics traders expect for market research: daily market commentary, an economic calendar with upcoming events, and live forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Each broker also supplies Trading Central and Acuity Trading (Signal Centre) tools for technical and fundamental ideas, plus a sentiment tool that shows the share of long vs. short positions across markets. Neither broker includes Autochartist.
Where they differ is depth. Admirals adds TipRanks research, which TMGM doesn’t provide. That edge is reflected in third-party evaluations: Admirals earns 4 stars for Research and ranks #15 out of 63 brokers on ForexBrokers.com, while TMGM earns 3.5 stars and ranks #54. If you want broader stock and analyst insights alongside forex research tools, Admirals has the advantage; if you mainly need daily commentary, news, and core analysis tools, both will do the job.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | Yes | No |
| Acuity Trading | Yes | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner forex and CFD traders, Admirals stands out for education. You get monthly webinars, plus at least 10 video lessons for beginners and another 10 for advanced topics. That mix makes it easier to move from basics—like how trading platforms work and risk control—to more in-depth strategies. TMGM’s education is lighter: it does not run monthly webinars and it doesn’t meet the 10‑video mark for either beginner or advanced topics, so new traders may find fewer guided lessons.
These differences show up in independent ratings. ForexBrokers.com rates Admirals 4 out of 5 stars for Education and ranks it 12th of 63 brokers, while TMGM scores 3.5 stars and ranks 54th. If you want a clearer learning path with regular live sessions and plenty of video content, Admirals is the stronger pick; if you only need a basic intro and plan to learn elsewhere, TMGM can still work.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Admirals is better than TMGM. Admirals finished with an overall rank of #18, while TMGM finished with an overall rank of #37.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
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TMGM
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|---|---|---|
| Overall Rating |
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| Trust Score | 93 | 83 |
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Admirals vs TMGM: both brokers do not support buying actual delivered cryptocurrency, but each offers cryptocurrency CFDs for trading.
Admirals vs TMGM: For deposits and withdrawals, only Admirals offers ACH/SEPA transfers while TMGM does not; availability of PayPal, Skrill, Visa/Mastercard, and bank wire options was not specified.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Admirals | TMGM | |
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| Trust Score | 93 | 83 | |
| Winner | check_circle | ||
| Review | Admirals Review | TMGM Review |
| Broker Screenshots | Admirals | TMGM | |
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| Regulation | Admirals | TMGM | |
|---|---|---|---|
| Trust Score | 93 | 83 | |
| Year Founded | 2001 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Admirals | TMGM | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Admirals | TMGM | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes |
| Investments | Admirals | TMGM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 12000 | |
| Forex Pairs (Total) | 82 | 62 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Admirals | TMGM | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Admirals | TMGM | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Admirals | TMGM | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | Admirals | TMGM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | TMGM | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Admirals | TMGM | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | Yes | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | TMGM | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Admirals | TMGM | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Admirals Review | TMGM Review |
| Overall | Admirals | TMGM | |
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| Trust Score | 93 | 83 | |
| Winner | check_circle | ||
| Review | Admirals Review | TMGM Review |
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