Broker Comparison

TMGM vs IC Markets — Broker Comparison & Review

Compare TMGM and IC Markets on pricing, execution speed, account types, and platform features. Both are popular choices, but TMGM offers unique advantages for Asia-Pacific traders.

TMGM: Competitive raw spreads from 0.0 pips
IC Markets: Known for low forex spreads
TMGM offers Cent Account for small deposits
Both support MetaTrader 4 & 5 and cTrader
TMGM has stronger SEA regional presence
Compare fees, instruments, and support
Head-to-Head

TMGM vs IC Markets — Full Comparison

FeatureTMGMIC Markets
Year Founded20132007
RegulationASIC, FMA, VFSCASIC, CySEC, FSA Seychelles, FSCA
Min Deposit$10 (Cent) / $100 (Classic/Edge)$200 (Standard) / $200 (Raw)
Gold Spread (XAUUSD)From 0.15From 0.15–0.5 (varies)
EUR/USD SpreadFrom 0.0 (Edge)From 0.0 (Raw Spread)
Commission$0 (Classic/Cent) / $3/lot (Edge)$0 (Standard) / $3.5/lot per side (Raw)
Max LeverageUp to 1:1000 (Cent)Up to 1:500
Cent AccountYes — $10 min, SEA marketsNo
PlatformsMT4, MT5, TMGM App, WebTraderMT4, MT5, cTrader
cTraderNot availableYes — cTrader & cAlgo
Asian Language SupportVI, TH, EN, ZH, MSEN, ZH, limited others
ExecutionSTP / ECNECN / Raw Spread
Instruments12,000+ CFDs2,250+ instruments
Swap-FreeAvailable on requestAvailable (swap-free accounts)
Negative Balance ProtectionYesYes

Why Traders Choose TMGM

Cent Account from $10 — ideal for beginners in SEA
Wider range: 12,000+ instruments vs IC Markets' ~2,250
Strong Vietnamese and Thai localization
No minimum deposit barrier on Cent Account
Cashback and partner programs for active traders
All platforms available on all account types

IC Markets Strengths

Established reputation since 2007
Raw spreads from 0.0 pips on major pairs
cTrader platform for advanced order types
Strong reputation in Australia and Europe
ASIC and CySEC dual regulation
Fast execution with Equinix NY4 servers

Platform Differences

IC Markets offers cTrader, which appeals to traders who want advanced order types and detachable charts. TMGM does not offer cTrader but provides the TMGM proprietary mobile app with deeper localization for Southeast Asian markets. Both support MT4 and MT5 fully.

TMGM Platforms

MetaTrader 4
MetaTrader 5
TMGM Mobile App (iOS/Android)
WebTrader (browser-based)

IC Markets Platforms

MetaTrader 4
MetaTrader 5
cTrader (advanced order types)
cAlgo (automated trading)

Start Trading with TMGM

Open your account and experience the TMGM difference — 12,000+ instruments, local support, and Cent Account from $10.

Start Trading with TMGM Today

Open your account in minutes and access global markets with professional trading conditions.

Open TMGM Account