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TMGM fees

Cost is where brokers in the same regulatory bracket actually differ. The full fee record for TMGM, from the database.

Facts last checked . Read the full TMGM review.

What it costs to trade

Spread from
0.0 pips
EUR/USD spread
Approx. 0.1 pips, EDGE
GBP/USD spread
Approx. 0.3 pips, EDGE
Commission
$3.50 per side / $7 round turn, EDGE
All-in cost, EUR/USD
Approx. 0.8 pips
Spread type
Variable
Overnight swap
Both: overnight swaps may be charged or credited; Islamic account available
Inactivity fee
$10/month after 12 months inactivity
Withdrawal fee
None internally
Currency conversion
Conversion at daily bank rate

What this means

Cost is where brokers in the same regulatory bracket actually differ.

A quoted spread from 0.0 pips is a raw-spread figure, which almost always means a separate commission per lot. Compare the two together - a "zero spread" account with a high commission can cost more than a wider spread with none.

Quoted spreads are best-case figures on the most liquid pair, in normal conditions. What you actually pay widens around news and at the session open.

TMGM lists a minimum deposit of $100. Treat it as the cost of opening an account, not the cost of trading one - position sizing on a small balance is what tends to cause damage.

Questions about TMGM fees

What is the EUR/USD spread at TMGM?

TMGM records an average EUR/USD spread of approx. 0.1 pips, EDGE on a variable pricing model.

Does TMGM charge commission?

TMGM's commission is $3.50 per side / $7 round turn, EDGE. A commission account usually pairs with a tighter spread, so the two have to be read together.

Does TMGM charge an inactivity fee?

TMGM's inactivity fee is recorded as $10/month after 12 months inactivity.

Fees at brokers under the same regulator

More about TMGM