Written by ForexBrokers.com
In this head to head comparison of ThinkMarkets 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.
Founded in 2010, ThinkMarkets is an online broker that inspires confidence with a ForexBrokers.com Trust Score rating of 92, making it highly trusted. The company is not publicly traded and does not operate as a bank. ThinkMarkets holds five Tier-1 licenses, which are deemed highly reliable, and two Tier-2 licenses, adding to its credibility. This robust regulatory framework sets it apart as a highly secure option for traders seeking a trustworthy online broker.
TMGM, on the other hand, was established in 2013 and offers a solid reputation with a ForexBrokers.com Trust Score rating of 83, categorizing it as trusted. Like ThinkMarkets, TMGM is not publicly traded and is not a banking institution. It holds two Tier-1 licenses, securing its status as a trusted platform. While TMGM does not possess Tier-2 licenses, it still provides a trustworthy environment for trading, supported by its adequate regulation.
| Feature |
ThinkMarkets
|
TMGM
|
|---|---|---|
| Year Founded | 2010 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 5 | 2 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 3 | 2 |
ThinkMarkets and TMGM both earn 4 out of 5 stars for commissions and fees, but TMGM ranks higher in this category (37 of 63) than ThinkMarkets (48 of 63). If keeping trading costs predictable is your priority, published average spread data is useful—but ThinkMarkets does not provide it, which makes direct cost comparisons harder.
TMGM offers two account types: the spread-only Classic and the commission-based Edge. The Edge account charges a small $3.50 per side ($7 round trip) commission with generally low spreads and no requotes, making it the more cost-focused choice. However, recent average spread data for EUR/USD was not available, which limits a full apples-to-apples comparison. For traders needing a swap-free (Islamic) option, TMGM provides this only on the Edge account.
ThinkMarkets’ commissions and fees picture is less clear because it does not publish average spreads, a data point that helps estimate total trading costs across market conditions. Bottom line: both brokers are rated 4/5, but TMGM’s higher ranking (37/63 vs. 48/63 for ThinkMarkets) and its transparent Edge commission structure may appeal more to fee-conscious traders—especially those seeking an Islamic account.
| Feature |
ThinkMarkets
|
TMGM
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average spread (EUR/USD) - Standard account | 1.1 | 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.
ThinkMarkets and TMGM both support forex trading (via CFD or spot), plus copy trading and cryptocurrency CFDs; neither lets you buy real crypto. TMGM offers a wider catalog with about 12,000 tradeable symbols and 62 forex pairs, compared with ThinkMarkets’ roughly 4,000 symbols and 46 pairs. Neither broker provides direct access to U.S.-listed shares, but ThinkMarkets does let you buy exchange-traded securities on certain international exchanges, while TMGM does not.
For range of investments, both earn 4.5/5 stars from ForexBrokers.com. TMGM ranks #18 of 63 brokers, ahead of ThinkMarkets at #24. Choose TMGM if you want more instruments and currency pairs; choose ThinkMarkets if access to actual international shares (not CFDs) is important to you.
| Feature |
ThinkMarkets
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 4000 | 12000 |
| Forex Pairs (Total) | 46 | 62 |
| U.S. Stocks (Shares) | No | 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.
If you’re comparing ThinkMarkets vs TMGM for trading platforms and tools, both brokers tick the core boxes: each offers a free demo (paper) trading account, web-based and Windows desktop platforms, MetaTrader 4 (MT4) and MetaTrader 5 (MT5), copy trading, and the ability to trade directly from charts. The key difference is that ThinkMarkets adds a proprietary, in-house platform alongside MetaTrader, while TMGM centers its experience on MetaTrader and its web/desktop access.
Both brokers earn 4 stars for Trading Platforms and Tools. However, on ForexBrokers.com, ThinkMarkets ranks #28 out of 63 brokers in this category, while TMGM ranks #49. That suggests ThinkMarkets may offer a slight edge in platform variety, whereas TMGM should suit traders who want a straightforward MetaTrader setup with copy trading and chart trading features.
| Feature |
ThinkMarkets
|
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.
ThinkMarkets and TMGM both deliver mobile trading apps for iPhone and Android. Each app supports forex and stock price alerts, plus drawing tools like trendlines, with your chart drawings auto-saved for later. One missing convenience on both platforms is watchlist symbol syncing, so changes you make on mobile won’t sync with your web account.
For charting depth, ThinkMarkets stands out with 94 technical studies compared with TMGM’s 30, which may appeal to traders who lean on indicators. Despite this difference, both apps earn 4 stars for Mobile Trading Apps. However, ForexBrokers.com ranks ThinkMarkets higher at #20 versus TMGM at #48 out of 63 brokers for this category. If rich charting tools matter to you, ThinkMarkets has the edge; if you just need core mobile trading features on iPhone or Android, either app will get the job done.
| Feature |
ThinkMarkets
|
TMGM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 94 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
ThinkMarkets vs TMGM: both brokers deliver daily market commentary and forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones. Each platform provides a sentiment tool that shows the long/short split, research from Acuity Trading (e.g., Signal Centre), and a handy economic calendar. Neither broker includes Autochartist or TipRanks.
The main difference is that TMGM adds Trading Central, while ThinkMarkets does not. In ForexBrokers.com’s research scores, both earn 3.5 stars; ThinkMarkets ranks #51 out of 63 brokers, and TMGM ranks #54. If Trading Central matters to you, TMGM has a slight edge. Otherwise, their market research lineups are largely alike.
| Feature |
ThinkMarkets
|
TMGM
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | Yes | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
ThinkMarkets vs TMGM for beginner education: ThinkMarkets gives newcomers more to work with. It runs client webinars at least once a month and offers 10+ beginner videos that explain trading basics (including forex and CFDs), plus 10+ advanced videos for when you want to level up. TMGM does not host monthly educational webinars and does not meet the 10-video mark for beginner or advanced topics, so there’s less guided learning for first-time traders.
Both are rated 3.5 out of 5 stars for Education by ForexBrokers.com, with ThinkMarkets ranked #52 of 63 brokers and TMGM at #54. If you want regular live sessions and a larger video library to learn step by step, ThinkMarkets has the edge. If you’re comfortable learning without webinars or many videos, TMGM may still suit casual study.
| Feature |
ThinkMarkets
|
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 ThinkMarkets is better than TMGM. ThinkMarkets finished with an overall rank of #27, while TMGM finished with an overall rank of #37.
ThinkMarkets has multiple regulatory license and offers a proprietary trading platform, as well as the entire MetaTrader suite. The broker has made progress in key areas, such as research and education, and the range of markets available, although trails behind the best brokers in these categories.
| Feature |
ThinkMarkets
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TMGM
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|---|---|---|
| Overall Rating |
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| Trust Score | 92 | 83 |
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ThinkMarkets vs TMGM: both online brokers do not offer buying actual delivered cryptocurrency, but each supports trading cryptocurrency CFDs.
Comparing deposit and withdrawal methods, both ThinkMarkets and TMGM do not support ACH or SEPA transfers, while the availability of PayPal, Skrill, Visa/Mastercard, and bank wire funding is not specified based on 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 | ThinkMarkets | TMGM | |
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| Trust Score | 92 | 83 | |
| Winner | check_circle | ||
| Review | TMGM Review |
| Broker Screenshots | ThinkMarkets | TMGM | |
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| Broker Gallery (click to expand) |
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| Regulation | ThinkMarkets | TMGM | |
|---|---|---|---|
| Trust Score | 92 | 83 | |
| Year Founded | 2010 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 5 | 2 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 3 | 2 |
| Tier-1 Licenses (Highly Trusted) | ThinkMarkets | TMGM | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | Yes | 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) | Yes | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | ThinkMarkets | TMGM | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | ThinkMarkets | TMGM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 4000 | 12000 | |
| Forex Pairs (Total) | 46 | 62 | |
| U.S. Stocks (Shares) | No | 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 | ThinkMarkets | TMGM | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 1.1 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | ThinkMarkets | TMGM | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | No | No |
| Trading Platforms | ThinkMarkets | 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 | ThinkMarkets | 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 | ThinkMarkets | 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 | 94 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | ThinkMarkets | TMGM | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | ThinkMarkets | TMGM | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | ThinkMarkets | 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 | ThinkMarkets | TMGM | |
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| Trust Score | 92 | 83 | |
| Winner | check_circle | ||
| Review | TMGM Review |
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