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 | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
DooPrime and TMGM both support forex trading (CFD/spot) and offer copy trading. TMGM lists slightly more tradeable products overall, with about 12,000 symbols and 62 forex pairs, compared to DooPrime’s 10,000 symbols and 60 forex pairs. For crypto, neither broker lets you buy actual coins, but TMGM does offer cryptocurrency derivatives, while DooPrime does not.
If you want access to real stocks, DooPrime stands out: you can buy exchange-traded securities on both U.S. and international exchanges. TMGM does not offer exchange-traded shares. Based on range of investments, DooPrime holds a 5-star rating and ranks 13th out of 63 brokers, while TMGM earns 4.5 stars and ranks 18th. In short, pick DooPrime for actual stock investing across U.S. and global markets, or TMGM if you value a slightly wider list of symbols and forex pairs plus crypto derivatives.
| Feature |
DooPrime
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 10000 | 12000 |
| Forex Pairs (Total) | 60 | 62 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | 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 trading tools. Each broker offers a free demo account for simulated trading, desktop (Windows) and web-based platforms, copy trading, and support for MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can place trades directly from charts at both brokers, and their charting toolkits include 15 drawing tools along with watchlists that display seven fields. Neither broker integrates DupliTrade or ZuluTrade. Counts for technical indicators aren’t provided.
The main difference is that DooPrime also offers an in-house proprietary platform, while TMGM does not. Both are rated 4 out of 5 stars for Trading Platforms and Tools, but ForexBrokers.com ranks DooPrime higher in this category (#25 out of 63) compared to TMGM (#49 out of 63). If you want MT4/MT5 with web and desktop access plus a demo account and chart trading, either broker fits the bill; if having an extra proprietary platform matters, DooPrime has the edge.
| Feature |
DooPrime
|
TMGM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
DooPrime and TMGM both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts, real-time quote watchlists, and 30 built-in technical indicators. You can draw trendlines, switch among multiple time frames (intraday to weekly), and your chart drawings auto-save—useful for tracking forex and stock setups on the go. One limitation shared by both: watchlists in the mobile app don’t sync with the online account, so changes made in one place won’t appear in the other.
In terms of quality scores, both apps earn 4 out of 5 stars. Where they differ is industry placement: according to ForexBrokers.com, DooPrime ranks 25th out of 63 brokers for Mobile Trading Apps, while TMGM lands at 48th. If you want similar features on iOS and Android but care about a higher category ranking, DooPrime has the edge; if the feature set alone is your priority, either app will feel familiar and capable for day-to-day trading.
| Feature |
DooPrime
|
TMGM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | No | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources available for beginners, DooPrime outshines TMGM in various areas. DooPrime actively supports beginner traders with over ten pieces of educational content, including articles and videos focused on forex and CFDs. They also offer more than ten videos specifically tailored for beginners, which is a significant advantage for those just starting out. Additionally, experienced traders can benefit from DooPrime’s collection of advanced educational videos. On the other hand, TMGM falls short in these aspects, lacking both the variety and quantity of beginner-focused content that DooPrime provides.
In terms of unique offerings, TMGM does have a searchable archive of previously recorded webinars that can serve as a useful resource for learners. They also provide an investor dictionary with definitions for over 50 investing terms. Despite these features, TMGM’s overall educational offerings are less comprehensive than those of DooPrime, as reflected in their education ratings. DooPrime is rated 4 stars and ranks 25th out of 63 brokers in the education category according to ForexBrokers.com, whereas TMGM holds a slightly lower rating of 3.5 stars and is ranked 54th. This clearly positions DooPrime as a more favorable choice for those prioritizing extensive educational resources in their trading journey.
| Feature |
DooPrime
|
TMGM
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | No | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
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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|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 83 |
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While both DooPrime and TMGM do not provide the option to purchase actual cryptocurrencies (delivered), unlike DooPrime, TMGM does offer the ability to trade cryptocurrency derivatives.
Both DooPrime and TMGM provide options for depositing or withdrawing account funds via PayPal, Skrill, Visa or Mastercard, and bank wires, but neither support ACH or SEPA transfers.
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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| Broker Gallery (click to expand) |
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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/Central Bank 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. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | 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 | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | DooPrime | TMGM | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | DooPrime | TMGM | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | DooPrime | TMGM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | DooPrime | TMGM | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | No | Yes | |
| Economic Calendar | Yes | Yes |
| Education | DooPrime | TMGM | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | No | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | DooPrime | TMGM | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | TMGM Review |
| Overall | DooPrime | TMGM | |
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| Trust Score | 83 | 83 | |
| Winner | check_circle | ||
| Review | TMGM Review |
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