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XM Group vs TMGM 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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

XM Group
4.5/5 Stars Overall
  • Minimum Deposit: $5
  • Trust Score: 93
  • Tradeable Symbols (Total): 1394
TMGM
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 83
  • Tradeable Symbols (Total): 12000

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 the regulatory standing of online brokers XM Group and TMGM, both are privately held and are not publicly traded or functioning as banks. Founded in 2009, XM Group stands out with a Trust Score of 93 out of 99 according to ForexBrokers.com, placing them in the highly trusted category. This broker has secured 4 Tier-1 licenses, which are considered highly secure, and also holds 1 Tier-2 license, adding an additional layer of trust with regulators.

On the other hand, TMGM, founded in 2013, has a respectable Trust Score of 83, indicating it is trusted yet not as highly as XM Group. This broker is authorized by 2 Tier-1 regulators but lacks Tier-2 licenses. These regulatory differences highlight XM Group's stronger position in terms of the number and level of licenses they possess, offering potentially more reassurance to traders about their operational security compared to TMGM.

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

Fees

XM Group and TMGM both earn 4 out of 5 stars for commissions and fees. In ForexBrokers.com’s 63-broker comparison, XM Group ranks #34 while TMGM ranks #37. Both offer competitive setups, but the details of spreads and how costs are disclosed are key differences.

XM Group’s Standard account has relatively expensive spreads. For its commission-based XM Zero account, XM does not publish average spread data, making it harder to estimate typical trading costs across market conditions. This lack of transparency can be a drawback for cost-focused traders who want to compare average pricing, not just minimums.

TMGM’s Edge account stands out for low spreads, no requotes, and a small commission of $3.50 per side ($7 per round trip). The spread-only Classic account is also available, but the Edge account tends to deliver better pricing for active traders. Note that recent average spread data for EUR/USD was not available, and the best forex brokers typically publish average spreads to help traders judge true costs. Islamic (swap-free) accounts at TMGM are available only on the Edge account, not on the Classic option.

Feature XM Group logoXM Group
TMGM logoTMGM
Minimum Deposit info $5 $100
Average spread (EUR/USD) - Standard account info 1.6 info N/A info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Non-wire bank transfer info No No
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

Comparing the range of investments at XM Group and TMGM, TMGM stands out for sheer variety with about 12,000 tradeable symbols, while XM Group lists 1,394. TMGM also edges out XM Group on currency markets with 62 forex pairs versus 55. Both brokers support forex trading, offer copy trading, and let you speculate on digital assets via cryptocurrency CFDs (neither offers buying actual crypto).

Where XM Group pulls ahead is access to real stocks: you can buy exchange-traded shares on both U.S. and international exchanges at XM Group, while TMGM does not offer direct share dealing. For Range of Investments, both earn 4.5 stars; however, ForexBrokers.com ranks TMGM higher (#18 of 63) than XM Group (#25 of 63). In short, pick TMGM for the widest list of symbols, or XM Group if you want to own actual shares alongside CFDs.

Feature XM Group logoXM Group
TMGM logoTMGM
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 12000
Forex Pairs (Total) info 55 62
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
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). 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

XM Group and TMGM both cover the essentials for trading platforms and tools. Neither offers a proprietary platform, but both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5) on Windows desktop and in the browser. Each provides a free demo account for simulated trading, along with copy trading. You can place trades directly from charts, and because they rely on MetaTrader, you’ll find plenty of indicators and customizable watchlists—though exact counts can vary by platform version and add-ons.

Both brokers earned 4 out of 5 stars for Trading Platforms and Tools from ForexBrokers.com. In the latest ranking of 63 brokers, XM Group sits at #33 while TMGM is #49 in this category, giving XM Group a slight edge. If you’re deciding between them, compare the specific MT4/MT5 web features, available plugins, and copy-trading integrations each broker supports to see which setup best matches your trading style.

Feature XM Group logoXM Group
TMGM logoTMGM
Virtual Trading (Demo) info Yes Yes
Proprietary Desktop Trading Platform info No No
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 30
Charting - Trade From Chart info Yes Yes

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

Forex trading apps

XM Group and TMGM both provide mobile trading apps for iPhone and Android, and each supports price alerts. Both apps earned 4 out of 5 stars for mobile trading. In ForexBrokers.com’s Mobile Trading Apps category, XM Group ranks 31st out of 63 brokers, while TMGM ranks 48th.

For charting, each app offers 30 technical studies and the ability to draw trendlines. The main differences come down to workflow: XM Group syncs watchlists with your online account so changes carry across devices, while TMGM does not. Conversely, TMGM auto-saves chart drawings, whereas XM Group does not. If you move between mobile and web often, XM’s syncing is handy; if you rely on saved annotations, TMGM’s auto-save may suit you better.

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

Dive deeper: Best Forex Trading Apps.

Market research

XM Group and TMGM both cover the essentials for market research: daily market commentary, forex news from top-tier outlets like Bloomberg and Reuters, Trading Central tools, sentiment indicators showing long vs. short positions, and an economic calendar. Neither broker offers Autochartist or TipRanks. One key difference is that TMGM adds research from Acuity Trading (Signal Centre), which XM Group does not provide.

For overall research quality, XM Group stands out. It holds a 5-star Research rating and ranks #8 out of 63 brokers at ForexBrokers.com, while TMGM earns 3.5 stars and ranks #54. If you want the strongest all-around research experience, XM Group is the better choice; if you value Acuity Trading signals specifically, TMGM has that edge.

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

Dive deeper: Best Brokers for Forex Research.

Beginners and education

When it comes to forex and CFD education for beginners, XM Group clearly has more to offer. XM runs online educational webinars at least once a month and provides a sizable video library with at least 10 beginner-focused videos plus at least 10 advanced lessons, making it easier to learn step by step. By contrast, TMGM’s educational selection is leaner: it does not host monthly webinars and has fewer than 10 videos at both the beginner and advanced levels.

This gap shows up in independent ratings. ForexBrokers.com rates XM Group 5 stars for Education and ranks it #7 out of 63 brokers, while TMGM earns 3.5 stars and ranks #54. If you want structured learning with frequent webinars and plenty of videos to grow from beginner to more advanced topics, XM Group is likely the better choice; TMGM may suit traders who only need a lighter intro.

Feature XM Group logoXM Group
TMGM logoTMGM
Webinars info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos 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 XM Group is better than TMGM. XM Group finished with an overall rank of #17, while TMGM finished with an overall rank of #37.

XM Group is a MetaTrader-only broker that offers a strong selection of high-quality educational content and market research.

Feature XM Group logoXM Group
TMGM logoTMGM
Overall Rating info 4.5/5 Stars 4/5 Stars
Trust Score info 93 83
Range of Investments 4.5/5 Stars 4.5/5 Stars
Commissions & Fees 4/5 Stars 4/5 Stars
Platforms & Tools 4/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with XM Group or TMGM?

XM Group and TMGM do not support purchasing actual (delivered) cryptocurrencies, but both brokers offer cryptocurrency CFD trading for speculating on crypto prices without owning the underlying asset.

What funding options does each broker offer?

Comparing XM Group vs TMGM for deposits and withdrawals: both do not support ACH or SEPA; XM Group does not support PayPal but does support Skrill and bank wire transfers (Visa/Mastercard not specified), while TMGM’s support for PayPal, Skrill, Visa/Mastercard, and bank wire transfers was not specified.

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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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Overall Rating XM Group TMGM
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 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 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 93 83
Winner check_circle
Review XM Group Review TMGM Review
Broker Screenshots XM Group TMGM
Broker Gallery (click to expand) info
XM MetaTrader 5 mobile trading app XM MetaTrader 5 desktop trading platform. XM research articles market news and analysis XM educational content forex course chapters.
TMGM MetaTrader 5 MT5 mobile app charts. TMGM client dashboard login TMGM Research Acuity Trading Signal Centre trading signals detail. TMGM learning center academy educational beginner courses progress tracking
Regulation XM Group TMGM
Trust Score info 93 83
Year Founded info 2009 2013
Publicly Traded (Listed) info No No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-1 Licenses info 4 2
Tier-2 Licenses info 1 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 1 2
Tier-1 Licenses (Highly Trusted) XM Group TMGM
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 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 No Yes
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-2 Licenses (Trusted) XM Group TMGM
Kenya (CMA Authorised) info
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA, FSRA, or SCA Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info
Investments XM Group TMGM
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1394 12000
Forex Pairs (Total) info 55 62
U.S. Stocks (Shares) info Yes No
Global Stocks (Non-U.S. Shares) info Yes No
Copy Trading info Yes Yes
Cryptocurrency (Underlying) info No No
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). 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 XM Group TMGM
Average spread (EUR/USD) - Standard account info 1.6 info N/A info
All-in Cost EUR/USD - Active info 0.8 info N/A info
Inactivity Fee info Yes Yes
Order execution: Agency info No Yes
Order execution: Market Maker info Yes Yes
Funding XM Group TMGM
Minimum Deposit info $5 $100
PayPal (Deposit/Withdraw) info No
Skrill (Deposit/Withdraw) info Yes
Bank Wire (Deposit/Withdraw) info Yes
Non-wire bank transfer info No No
Trading Platforms XM Group TMGM
Proprietary Desktop Trading Platform info No No
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 XM Group TMGM
Virtual Trading (Demo) info Yes Yes
Price Alerts info Yes Yes
Charting - Indicators / Studies (Total) info 30 30
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading XM Group TMGM
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 Yes No
Mobile Charting - Indicators / Studies info 30 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Trendlines Autosave info No Yes
Mobile Research - Economic Calendar info Yes Yes
Research XM Group TMGM
Daily Market Commentary (Articles) info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central info Yes Yes
TipRanks info No No
Client sentiment data info Yes Yes
Economic Calendar info Yes Yes
Education XM Group TMGM
Webinars info Yes No
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Major Forex Pairs XM Group TMGM
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 XM Group Review TMGM Review
Overall XM Group TMGM
Overall Rating info 4.5/5 Stars 4/5 Stars
Commissions & Fees 4/5 Stars 4/5 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 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 93 83
Winner check_circle
Review XM Group Review TMGM Review
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