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TMGM vs MultiBank 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of TMGM vs MultiBank, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.

TMGM
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 83
  • Tradeable Symbols (Total): 12000
MultiBank
4/5 Stars Overall
  • Minimum Deposit: $50
  • Trust Score: 84
  • Tradeable Symbols (Total): 1042

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.

Regulation

When comparing online brokers TMGM and MultiBank, both platforms have carved out reputable positions in the trading industry. Founded in 2013, TMGM holds 2 Tier-1 licenses, emphasizing its commitment to security and reliability. On the other hand, MultiBank, established in 2005, holds 3 Tier-1 licenses and an additional Tier-2 license, reflecting a slightly broader regulatory footprint. Neither broker is publicly traded on stock exchanges, nor operates as a bank, minimizing complexities for traders.

In terms of trustworthiness, ForexBrokers.com assigns TMGM a trust score of 83 out of 99, labeling it as a trusted entity. MultiBank closely follows with a score of 84, which also places it in the trusted category. These scores reflect their conformance with industry standards and dedication to providing secure trading environments. Both brokers offer solid regulatory compliance, although MultiBank's additional licensing might appeal to traders seeking slightly higher assurance.

Feature TMGM logoTMGM
MultiBank logoMultiBank
Year Founded info 2013 2005
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 3
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 3

Fees

TMGM and MultiBank both earn 4 out of 5 stars for commissions and fees. On ForexBrokers.com’s 63-broker list, TMGM ranks #37 and MultiBank ranks #39. TMGM’s pricing depends on the account: the Classic account is spread-only, while the Edge account adds a $3.50 per side ($7 round-trip) commission in exchange for typically lower spreads and no requotes. TMGM does not publish recent average spread data for EUR/USD, which makes precise cost comparisons harder—many cost-focused traders prefer brokers that share average spread figures.

MultiBank offers three accounts: Standard (higher spreads, $50 minimum deposit), Pro (lower spreads, $1,000 minimum), and ECN (its tightest spreads) with a $10,000 minimum deposit and a small $3 round-trip commission. MultiBank also charges a $60 monthly inactivity fee after 90 days without trading. TMGM notes that swap-free (Islamic) accounts are available only on the Edge account; the Classic account does not offer a swap-free option.

If you’re fee-sensitive and trade frequently, TMGM’s Edge account and MultiBank’s ECN account are the most compelling options. MultiBank’s ECN commission is lower ($3 round trip) than TMGM’s Edge ($7 round trip), but your true cost also depends on spreads—which are not published by TMGM for EUR/USD. Traders with smaller balances may find MultiBank’s Standard or Pro easier to access, while Islamic finance customers at TMGM must choose the Edge account.

Feature TMGM logoTMGM
MultiBank logoMultiBank
Minimum Deposit info $100 $50
Average spread (EUR/USD) - Standard account info N/A info N/A
All-in Cost EUR/USD - Active info N/A info N/A
Non-wire bank transfer info No Yes
PayPal (Deposit/Withdraw) info
Skrill (Deposit/Withdraw) info
Bank Wire (Deposit/Withdraw) info

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

TMGM vs MultiBank: when it comes to range of investments, TMGM offers far more markets to explore with about 12,000 tradeable symbols and 62 forex pairs, compared with MultiBank’s 1,042 symbols and 40 forex pairs. Both brokers support forex trading via CFDs/spot and both provide copy trading. Based on our data, TMGM earns 4.5 out of 5 stars for Range of Investments and ranks #18 out of 63 brokers, while MultiBank scores 4 stars and ranks #38.

Neither broker lets you buy exchange-traded shares on U.S. or international stock exchanges. For crypto, both offer cryptocurrency CFDs, but only MultiBank also lets you buy actual (delivered) crypto. If you want the widest selection of instruments and more currency pairs, TMGM is the stronger choice. If buying real crypto matters to you, MultiBank has the edge.

Feature TMGM logoTMGM
MultiBank logoMultiBank
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 12000 1042
Forex Pairs (Total) info 62 40
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No Yes
Cryptocurrency (CFDs) info 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).

Dive deeper: Best Copy Trading Platforms.

Trading platforms and tools

TMGM and MultiBank both check the core boxes for trading platforms and tools. Each broker provides a free demo account for paper trading, Windows desktop and web-based platforms, copy trading, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Both also let you place trades directly from charts. A key difference: MultiBank offers its own proprietary platform, while TMGM does not, which may matter if you want an in-house platform option alongside MetaTrader.

For Trading Platforms and Tools, both brokers earn 4-star ratings. In ForexBrokers.com’s rankings out of 63 brokers, MultiBank places higher at #40, while TMGM is #49. If you value having a proprietary platform in addition to MT4 and MT5, MultiBank has the edge; if you’re focused on the MetaTrader experience with demo access and copy trading, both are comparable.

Feature TMGM logoTMGM
MultiBank logoMultiBank
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
Charting - Indicators / Studies (Total) info 30 38
Charting - Trade From Chart info Yes Yes

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

TMGM and MultiBank both deliver capable mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts and includes charting with 30 technical studies. You can draw trendlines on charts, and those drawings auto-save, so your work stays put the next time you open a chart.

Neither app offers watchlist symbol syncing between mobile and the online account, which may matter if you switch devices often. Both earn a 4-star rating for Mobile Trading Apps, while ForexBrokers.com ranks MultiBank slightly higher (#42 of 63) than TMGM (#48 of 63). If you want very similar features, either app will work; if rankings sway your choice, MultiBank has a small edge.

Feature TMGM logoTMGM
MultiBank logoMultiBank
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlists - Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

Comparing TMGM and MultiBank for market research: TMGM offers daily market commentary, top-tier forex news, Trading Central tools for technical analysis, a sentiment indicator showing long vs. short positioning, Acuity Trading tools (such as Signal Centre), and an economic calendar. MultiBank provides top-tier forex news and an economic calendar, but it does not include daily commentary, Trading Central, or a sentiment tool; Autochartist and TipRanks are absent at both brokers. MultiBank’s use of Acuity Trading isn’t listed.

Both brokers earn 3.5 stars for Research. However, in ForexBrokers.com’s rankings, MultiBank places #50 out of 63, while TMGM is #54. Choose TMGM if you want ongoing commentary, trading signals via Trading Central, and sentiment data to guide decisions. Pick MultiBank if headline news and a clear calendar are enough and a slightly higher category ranking matters to you.

Feature TMGM logoTMGM
MultiBank logoMultiBank
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info Yes No
Client sentiment data info Yes No
TipRanks info No No
Acuity Trading info Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

For beginner traders comparing education at TMGM and MultiBank, the key difference is video content. MultiBank offers at least 10 beginner-friendly videos that cover trading basics for forex and CFDs, making it easier to get started through bite-size lessons. TMGM does not meet that same volume for beginner videos. Neither broker hosts monthly educational webinars, and both fall short on advanced video libraries, so if you prefer live classes or in-depth video series, you won’t find them here.

Both brands earn 3.5 out of 5 stars for Education, but MultiBank holds a slight edge in our rankings (50th of 63 brokers) compared with TMGM (54th of 63). If you want a learning path built around beginner videos, MultiBank is the more convenient choice. If webinars are essential, you may need to look elsewhere, as neither TMGM nor MultiBank runs monthly educational sessions.

Feature TMGM logoTMGM
MultiBank logoMultiBank
Webinars info No No
Videos - Beginner Trading Videos info No Yes
Videos - Advanced Trading Videos info No No

Dive deeper: Best Forex Brokers for Beginners.

Winner

After testing 63 of the best forex brokers, our research and account testing finds that TMGM is better than MultiBank. TMGM finished with an overall rank of #37, while MultiBank finished with an overall rank of #40.

TMGM stands out for its impressive education toolset, though it still trails behind the best brokers in most categories. TMGM offers a small range of markets via the MetaTrader 4 (MT4) platform. While primarily a MetaTrader broker, it also offers the more exclusive IRESS platform – though the platform-specific requirements will limit who can use it.

Feature TMGM logoTMGM
MultiBank logoMultiBank
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 83 84
Range of Investments 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 3.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with TMGM or MultiBank?

Online brokers TMGM and MultiBank compared: MultiBank lets you buy actual delivered cryptocurrency while TMGM does not; both brokers offer cryptocurrency CFDs.

What funding options does each broker offer?

In a TMGM vs MultiBank comparison of deposit and withdrawal methods, MultiBank supports ACH/SEPA transfers while TMGM does not; details for PayPal, Skrill, Visa/Mastercard, and bank wire options were not specified.




announcementPlease 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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Compare

0 of 5
Overall Rating TMGM MultiBank
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 83 84
Winner check_circle
Review TMGM Review MultiBank Review
Broker Screenshots TMGM MultiBank
Broker Gallery (click to expand) info
Regulation TMGM MultiBank
Trust Score info 83 84
Year Founded info 2013 2005
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes
Tier-1 Licenses info 2 3
Tier-2 Licenses info 0 1
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 3
Tier-1 Licenses (Highly Trusted) TMGM MultiBank
Australia (ASIC Authorised) info Yes Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No Yes
Switzerland (FINMA Authorised) info
United Kingdom (U.K.) (FCA Authorised) info No No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info Yes No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes
Tier-2 Licenses (Trusted) TMGM MultiBank
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA, FSRA, or SCA Authorised) info No Yes info
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments TMGM MultiBank
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 12000 1042
Forex Pairs (Total) info 62 40
U.S. Stocks (Shares) info No No
Global Stocks (Non-U.S. Shares) info No No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No Yes
Cryptocurrency (CFDs) info 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).
Cost TMGM MultiBank
Average spread (EUR/USD) - Standard account info N/A info N/A
All-in Cost EUR/USD - Active info N/A info N/A
Inactivity Fee info Yes Yes
Order execution: Agency info Yes No
Order execution: Market Maker info Yes Yes
Funding TMGM MultiBank
Minimum Deposit info $100 $50
PayPal (Deposit/Withdraw) info
Skrill (Deposit/Withdraw) info
Bank Wire (Deposit/Withdraw) info
Non-wire bank transfer info No Yes
Trading Platforms TMGM MultiBank
Proprietary Desktop Trading Platform info No Yes
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
Trading Tools TMGM MultiBank
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 30 38
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading TMGM MultiBank
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Price Alerts info Yes Yes
Mobile Watchlist [DELETED] info
Mobile Watchlists - Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info Yes Yes
Mobile Research - Economic Calendar info Yes Yes
Research TMGM MultiBank
Daily Market Commentary (Articles) info Yes No
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info Yes No
TipRanks info No No
Client sentiment data info Yes No
Economic Calendar info Yes Yes
Education TMGM MultiBank
Webinars info No No
Videos - Beginner Trading Videos info No Yes
Videos - Advanced Trading Videos info No No
Major Forex Pairs TMGM MultiBank
GBP/USD [DELETED] info
USD/JPY [DELETED] info
EUR/USD info Yes Yes
USD/CHF [DELETED] info
USD/CAD [DELETED] info
NZD/USD [DELETED] info
AUD/USD [DELETED] info
Review TMGM Review MultiBank Review
Overall TMGM MultiBank
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Range of Investments 4.5/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 3.5/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 3.5/5 Stars
Trust Score info 83 84
Winner check_circle
Review TMGM Review MultiBank Review
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