Written by ForexBrokers.com
In this head to head comparison of DooPrime 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.
DooPrime and TMGM are two reputable online brokers with similar Trust Scores of 83, as rated by ForexBrokers.com. Despite both brokers being founded in the early 2010s, neither is publicly traded nor operates as a bank. DooPrime was established in 2014, while TMGM started its operations in 2013. Both brokers are considered "trusted" based on their Trust Scores, indicating a secure trading environment for their clients.
When it comes to regulatory compliance, DooPrime holds an advantage with four Tier-1 licenses, which signals a higher level of trustworthiness and oversight. In comparison, TMGM holds two Tier-1 licenses. Neither broker has Tier-2 licenses, which also sit in the trusted category. This regulatory standing shows that while both brokers offer a trusted service, DooPrime may provide a slight edge in regulatory credibility.
| Feature |
DooPrime
|
TMGM
|
|---|---|---|
| Year Founded | 2014 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 2 |
DooPrime vs TMGM on commissions and fees: DooPrime is rated 3 out of 5 stars and ranks 60th out of 63 brokers for this category at ForexBrokers.com. TMGM earns 4 out of 5 stars and ranks 37th out of 63.
TMGM offers two account types. The Classic account is spread-only, while the Edge account charges a small commission of $3.50 per side ($7 round trip) on top of low prevailing spreads, and advertises no requotes. Recent average spread data for EUR/USD isn’t available, and Islamic (swap‑free) accounts are only offered on the Edge account—not on the Classic option.
For DooPrime, average spread data is not available, which makes it harder to estimate overall trading costs or compare them with other brokers. In general, brokers that publish average spreads make cost comparisons easier. With average spread figures missing from both brands, TMGM’s clear Edge commission and account choices may still appeal to cost‑focused traders, while DooPrime’s pricing is tougher to assess.
| Feature |
DooPrime
|
TMGM
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
DooPrime and TMGM both support forex trading through CFDs or spot contracts and include copy trading. TMGM lists about 12,000 tradeable symbols versus DooPrime’s 10,000, and edges out on forex pairs with 62 to DooPrime’s 60. This gives TMGM a slightly wider overall catalog for traders who prioritize sheer number of markets.
For exchange-traded securities, DooPrime stands out by offering real shares on U.S. and international exchanges (think Apple or Vodafone), while TMGM does not. Neither broker offers delivered crypto; however, TMGM provides cryptocurrency CFDs, whereas DooPrime does not. In independent ratings for range of investments, DooPrime scores 5 stars and ranks #13 out of 63 brokers, while TMGM earns 4.5 stars and ranks #18. Choose TMGM if you want more symbols and crypto CFDs, or pick DooPrime if access to actual U.S. and global stocks matters most.
| Feature |
DooPrime
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 12000 |
| Forex Pairs (Total) | 60 | 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) | No | 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.
DooPrime and TMGM both check the key boxes for platform access and practice trading. Each broker offers a free demo account, Windows desktop and browser-based platforms, copy trading, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). A notable difference: DooPrime also provides its own proprietary platform, while TMGM sticks to third-party options. Both let you place trades directly from charts, which can simplify timing and execution.
For Trading Platforms and Tools, both brokers earn 4 out of 5 stars. That said, their category rankings differ: DooPrime places #25 out of 63 brokers at ForexBrokers.com, while TMGM ranks #49. If you want MT4/MT5 plus an in-house platform to try, DooPrime may have the edge. If you only need MT4/MT5 with copy trading and a demo account, TMGM delivers those essentials too.
| Feature |
DooPrime
|
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.
DooPrime and TMGM both check the key boxes for mobile trading: each offers an iPhone app and an Android app, plus in-app price alerts for forex and other markets. One limitation they share is the lack of watchlist symbol syncing between the mobile app and the web platform, so changes made in one place won’t automatically appear in the other.
For charting on the go, the two apps are closely matched: each provides 30 technical studies, lets you draw trendlines, and auto-saves your annotations. Both earn 4 out of 5 stars for their mobile trading apps. The main differentiator is independent ranking: according to ForexBrokers.com, DooPrime is placed #25 out of 63 brokers for mobile apps, while TMGM sits at #48. If ranking sway matters to you, DooPrime has the edge; otherwise, their mobile features are largely comparable.
| Feature |
DooPrime
|
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.
DooPrime and TMGM both deliver daily market commentary and real-time forex news from top-tier sources like Bloomberg, Reuters, or Dow Jones. Each broker also features Trading Central tools and an easy-to-use economic calendar, and neither includes Autochartist.
Key differences: TMGM adds a sentiment tool that shows long/short positioning and offers Acuity Trading (Signal Centre). DooPrime does not include a sentiment tool, and its access to TipRanks or Acuity Trading isn’t clearly listed; TMGM does not offer TipRanks either. For overall research, DooPrime scores 4 stars and ranks #30 out of 63 on ForexBrokers.com, while TMGM scores 3.5 stars and ranks #54. If you want sentiment data and Acuity signals, TMGM has the edge; if you prefer a higher-rated research lineup, DooPrime may be the better fit.
| Feature |
DooPrime
|
TMGM
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | Yes | Yes |
| Client sentiment data | No | Yes |
| TipRanks | No | |
| Acuity Trading | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing DooPrime vs TMGM on education, DooPrime comes out ahead for video-based learning. DooPrime provides at least 10 beginner videos and at least 10 advanced videos, making it easier to move from basics to more in-depth forex and CFD topics. TMGM does not meet that video count for either beginner or advanced levels. Neither broker offers monthly educational client webinars, so traders who prefer live classes won’t find them here.
Independent ratings back up the gap: DooPrime earns 4 out of 5 stars for Education and ranks 25th out of 63 brokers at ForexBrokers.com, while TMGM scores 3.5 stars and ranks 54th. If you want a larger, structured set of video lessons to start learning forex and CFDs, DooPrime is the stronger pick; if live webinars are essential, you may need to look elsewhere.
| Feature |
DooPrime
|
TMGM
|
|---|---|---|
| Webinars | No | 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 DooPrime is better than TMGM. DooPrime finished with an overall rank of #28, while TMGM finished with an overall rank of #37.
DooPrime is mainly regulated in the UK, as well as two offshore locations (Vanuatu and Mauritius), and offers 10,000 investment products, and multiple platforms including the full MetaTrader suite, and social copy trading platforms. That said, DooPrime trails behind the best brokers in key categories.
| Feature |
DooPrime
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TMGM
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|---|---|---|
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| Trust Score | 83 | 83 |
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DooPrime vs TMGM: Neither online broker lets you buy actual delivered cryptocurrency, but TMGM offers cryptocurrency CFD trading while DooPrime does not.
DooPrime vs TMGM: both brokers do not support ACH or SEPA transfers for deposits or withdrawals, and the availability of PayPal, Skrill, Visa/Mastercard, and bank wire options is not specified in the provided information.
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 | DooPrime | TMGM | |
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| Trust Score | 83 | 83 | |
| Winner | check_circle | ||
| Review | TMGM Review |
| Broker Screenshots | DooPrime | TMGM | |
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| Regulation | DooPrime | TMGM | |
|---|---|---|---|
| Trust Score | 83 | 83 | |
| Year Founded | 2014 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 2 |
| Tier-1 Licenses (Highly Trusted) | DooPrime | TMGM | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | Yes | 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). | No | No |
| Tier-2 Licenses (Trusted) | DooPrime | TMGM | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | DooPrime | TMGM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 10000 | 12000 | |
| Forex Pairs (Total) | 60 | 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) | No | 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 | DooPrime | TMGM | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | DooPrime | TMGM | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | No | No |
| Trading Platforms | DooPrime | 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 | DooPrime | 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 | DooPrime | 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 | DooPrime | TMGM | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | Yes | Yes | |
| TipRanks | No | ||
| Client sentiment data | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | TMGM | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | DooPrime | TMGM | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | TMGM Review |
| Overall | DooPrime | TMGM | |
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| Trust Score | 83 | 83 | |
| Winner | check_circle | ||
| Review | TMGM Review |
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