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TMGM vs RoboForex 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

In this head to head comparison of TMGM vs RoboForex, 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
RoboForex
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 73
  • Tradeable Symbols (Total): 8400

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 broker firms TMGM and RoboForex, one good starting point is their regulatory standings. TMGM was founded in 2013 and holds two Tier-1 licenses, which are highly regarded by ForexBrokers.com. It has a Trust Score of 83, placing it in the "trusted" category. In contrast, RoboForex, founded in 2009, holds one Tier-1 license and carries a Trust Score of 73, marking it as an "average risk" broker. Both firms are privately owned and not publicly traded on any stock exchange. Also, neither TMGM nor RoboForex operates as a bank.

Feature TMGM logoTMGM
RoboForex logoRoboForex
Year Founded info 2013 2009
Publicly Traded (Listed) info No No
Bank info No No
Tier-1 Licenses info 2 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 2

Fees

If you’re comparing trading costs, TMGM’s commission-based Edge account charges $3.50 per side ($7 per round trip) and pairs that with generally low spreads and no requotes. By contrast, RoboForex’s Pro and Procent accounts list average EUR/USD spreads around 1.3 pips, which is on the high side for that pair.

At TMGM you can choose between the spread-only Classic account or the commission-based Edge account; however, TMGM has not published recent average spread data for EUR/USD, which makes precise cost comparisons harder—top brokers typically publish average spread data. For swap-free (Islamic) trading at TMGM, you’ll need the Edge account, as the Classic option does not offer an interest-free setup.

Ratings and rankings: TMGM earns 4 stars for Commissions and Fees and ranks #37 out of 63 brokers on ForexBrokers.com. RoboForex earns 3.5 stars and ranks #56 out of 63 in the same category.

Feature TMGM logoTMGM
RoboForex logoRoboForex
Minimum Deposit info $100 $100
Average Spread EUR/USD - Standard info N/A info 1.3 info
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info No Yes
ACH or SEPA Transfers info No Yes
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Comparing TMGM vs RoboForex for range of investments, both brokers let you trade forex as CFDs or spot contracts and support copy trading. TMGM lists about 12,000 tradeable symbols, while RoboForex offers around 8,400. If currency choice matters, TMGM provides 62 forex pairs compared with 28 at RoboForex. Neither broker offers exchange-traded stocks on U.S. or international exchanges (non-CFDs), so stock exposure is through derivatives rather than direct share ownership.

For crypto, neither platform lets you buy actual coins, but both provide cryptocurrency derivatives. Each broker earns 4.5 out of 5 stars for Range of Investments, according to ForexBrokers.com. That said, TMGM ranks slightly higher at #18 of 63 brokers, versus RoboForex at #21. In short: choose TMGM if you want more symbols and forex pairs; pick either if you’re focused on CFDs, copy trading, and crypto derivatives.

Feature TMGM logoTMGM
RoboForex logoRoboForex
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 12000 8400
Forex Pairs (Total) info 62 28
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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). 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 RoboForex offer very similar trading platforms and tools. Both brokers provide free demo (paper) accounts, Windows desktop downloads, and web-based trading. Neither has a proprietary platform; instead, each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Copy trading is available at both brokers, though not through DupliTrade or ZuluTrade. For charting, each lets you place trades directly from the chart, includes 15 drawing tools, and offers watchlists with 7 columns. The number of built-in technical indicators wasn’t provided for either broker.

In terms of quality, both TMGM and RoboForex earn 4 stars for Trading Platforms and Tools. According to ForexBrokers.com, RoboForex holds a slight edge in category ranking (#44 of 63) compared with TMGM (#49 of 63). If you want MT4/MT5 access, copy trading, and the ability to trade from charts on web and desktop, both brokers fit the bill; choosing between them may come down to small preferences and which ecosystem you find easier to use.

Feature TMGM logoTMGM
RoboForex logoRoboForex
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 7 7

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

Forex trading apps

TMGM vs RoboForex mobile app comparison: both brokers offer iPhone and Android trading apps with real-time quotes, customizable watchlists, and price alerts. For charting, each app includes 30 technical studies, the ability to draw trendlines, switch among intraday, daily, and weekly time frames, and automatic saving of drawings so your analysis stays in place.

One caveat is that neither app syncs watchlist symbols between mobile and the online account. Both are rated 4 out of 5 stars for Mobile Trading Apps, while ForexBrokers.com ranks RoboForex #44 out of 63 brokers and TMGM #48, giving RoboForex a slight edge. If you want dependable alerts, capable charting, and on-the-go trading on iOS or Android, either app will meet everyday needs.

Feature TMGM logoTMGM
RoboForex logoRoboForex
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

TMGM and RoboForex both deliver plenty of market research basics: daily market commentary, forex news from leading sources like Bloomberg, Reuters, and Dow Jones, plus research tools from Trading Central and Acuity Trading. Each broker also offers an economic calendar. On the flip side, neither integrates Autochartist or TipRanks.

The main difference is sentiment data: TMGM includes a tool that shows long/short positioning across instruments, while RoboForex does not. In terms of scores, both earn 3.5 out of 5 stars for Research, yet RoboForex ranks higher overall (#38 of 63) compared with TMGM (#54 of 63) on ForexBrokers.com.

Feature TMGM logoTMGM
RoboForex logoRoboForex
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
Social Sentiment - Currency Pairs info Yes No
TipRanks info No No
Signal Centre (Acuity Trading) info Yes Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

If you’re a beginner comparing TMGM and RoboForex for education, both offer limited forex and CFD learning materials. Neither meets the bar of 10 dedicated lessons or videos, and neither runs monthly educational webinars. Their video libraries don’t reach 10 beginner or advanced tutorials. Where they differ: TMGM provides a searchable archive of past client webinars and an investor dictionary with 50+ trading terms, while RoboForex does not.

Beginners who want quick definitions and the ability to browse recorded sessions may find TMGM slightly more helpful. Still, both are rated 3.5 stars for Education, with TMGM ranked #54 and RoboForex #57 out of 63 brokers by ForexBrokers.com—so expectations should be modest. If education is a priority, consider supplementing with external courses and guides alongside either broker.

Feature TMGM logoTMGM
RoboForex logoRoboForex
Education (Forex or CFDs) info No No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info No No
Videos - Advanced Trading Videos info No No
Investor Dictionary (Glossary) info Yes 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 RoboForex. TMGM finished with an overall rank of #37, while RoboForex finished with an overall rank of #46.

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
RoboForex logoRoboForex
Overall Rating info 4/5 Stars 4/5 Stars
Trust Score info 83 73
Range of Investments 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4/5 Stars 3.5/5 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 Stars

FAQs

Can you trade cryptocurrency with TMGM or RoboForex?

Both TMGM and RoboForex do not offer the option to buy actual delivered cryptocurrencies but provide the ability to trade cryptocurrency derivatives, allowing investors to engage in cryptocurrency markets without owning the actual assets.

What funding options does each broker offer?

When comparing online brokers TMGM and RoboForex in terms of deposit and withdrawal options, TMGM offers PayPal, Skrill, Visa, Mastercard, and bank wire services, but lacks ACH or SEPA transfers, while RoboForex provides the same payment methods, including PayPal, Skrill, Visa, Mastercard, bank wire, and additionally supports ACH and SEPA transfers.




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 RoboForex
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 4.5/5 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 Stars
Trust Score info 83 73
Winner check_circle
Review TMGM Review RoboForex Review
Broker Screenshots TMGM RoboForex
Broker Gallery (click to expand) info
Regulation TMGM RoboForex
Trust Score info 83 73
Year Founded info 2013 2009
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info No info Yes info
Tier-1 Licenses info 2 1
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 2
Tier-1 Licenses (Highly Trusted) TMGM RoboForex
Australia (ASIC Authorised) info Yes No
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
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 info
Tier-2 Licenses (Trusted) TMGM RoboForex
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 No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments TMGM RoboForex
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 12000 8400
Forex Pairs (Total) info 62 28
U.S. Stock Trading (Non CFD) info No No
Int'l Stock Trading (Non CFD) info No No
Social Trading / Copy Trading info Yes Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) 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). 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 RoboForex
Average Spread EUR/USD - Standard info N/A info 1.3 info
All-in Cost EUR/USD - Active info N/A info N/A
Active Trader or VIP Discounts info No Yes
Inactivity Fee info Yes Yes
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding TMGM RoboForex
Minimum Deposit info $100 $100
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No Yes
Trading Platforms TMGM RoboForex
Proprietary Platform info No No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info Yes Yes
MetaTrader 4 (MT4) info Yes Yes
MetaTrader 5 (MT5) info Yes Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools TMGM RoboForex
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 7 7
Charting - Indicators / Studies (Total) info 30 30
Charting - Drawing Tools (Total) info 15 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading TMGM RoboForex
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research TMGM RoboForex
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info Yes Yes
TipRanks info No No
Social Sentiment - Currency Pairs info Yes No
Economic Calendar info Yes Yes
Education TMGM RoboForex
Education (Forex or CFDs) info No No
Client Webinars info No No
Client Webinars (Archived) info Yes No
Videos - Beginner Trading Videos info No No
Videos - Advanced Trading Videos info No No
Investor Dictionary (Glossary) info Yes No
Major Forex Pairs TMGM RoboForex
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review TMGM Review RoboForex Review
Overall TMGM RoboForex
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 3.5/5 Stars
Range of Investments 4.5/5 Stars 4.5/5 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 Stars
Trust Score info 83 73
Winner check_circle
Review TMGM Review RoboForex Review
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