Author:Rankly Research Team·Research Team
Reviewer:Sarah Mitchell, Senior Editor·Senior Editor
Last updated:2026-05-30
Testing date:May 2026
MethodologyEditorial Policy
HomeCompareTMGM vs IC Markets
TMGM

TMGM

4.6

ASIC, VFSC

Min Deposit

$100

Spreads

0.0 pips

Verified
Multi-asset CFD traders seeking deep liquidity
Read Full TMGM Review
VS

Side-by-Side

IC

IC Markets

4.7

ASIC, CySEC

Min Deposit

$200

Spreads

0.0 pips

Verified
Advanced traders and MetaTrader power users
Read Full IC Markets Review

TMGM vs IC Markets: Full Broker Comparison 2026

Independent side-by-side comparison of TMGM and IC Markets — platforms, spreads, regulation, markets, app, accounts, and promotions. Not investment advice.

Risk Warning

Trading CFDs involves risk. Your capital is at risk. Always compare regulation, fees, withdrawal conditions, and platform transparency before depositing. This information is for educational and comparison purposes only — not investment advice.

TMGM

TMGM — Key Points

Verified
Ranked #1 by retail FX and other instrument volume (Finance Magnates Intelligence Report)
ASIC-regulated with institutional-grade liquidity and ECN execution
Offers IRESS platform in addition to MT4/MT5 — rare among retail CFD brokers
Higher minimum deposit of $100 compared to some competitors
Educational resources less comprehensive than XM or eToro
IC

IC Markets — Key Points

Verified
True ECN execution with institutional-grade liquidity from 25+ top-tier banks
Ultra-tight raw spreads averaging 0.1 pips on EUR/USD
Full cTrader support — ideal for traders who prefer this platform
Higher minimum deposit of $200 compared to some retail brokers
Limited educational content compared to XM or eToro

Full Side-by-Side Comparison

Feature
T

TMGM

Top Pick
Overview
Best ForMulti-asset CFD traders seeking deep liquidityAdvanced traders and MetaTrader power users
Founded20132007
RegulationASIC, VFSCASIC, CySEC
Trading Conditions
Spreads From0.0 pips0.0 pips
Min Deposit$100$200
Max Leverage1:5001:500
Raw Commission$7/RT (Edge)$3.50/lot (Raw)
Platforms
MetaTrader 4
MetaTrader 5
cTrader
Proprietary PlatformIRESS ViewPoint
Mobile App
Markets
Forex Pairs60+ pairs60+ pairs
Gold Trading
Oil Trading
Indices15 indices25 indices
Stock CFDs10,000+ via IRESS2,100+ CFDs
Crypto CFDs20+ CFDs25+ CFDs
Accounts
Account TypesClassic, Edge, IslamicStandard, Raw Spread, cTrader Raw
Islamic Account
Demo Account
Deposits & Payments
Payment MethodsCard, Wire, POLi, PayID, CryptoCard, Wire, Skrill, Neteller, PayPal, Crypto
Withdrawal Time1-2 daysSame day (e-wallets)
Deposit FeesNoneNone
Promotions
No-Deposit Bonus
Deposit Bonus
Cashback Program
Support & Education
Customer Support24/5 multilingual24/5 multilingual
Education ResourcesModerateBasic
Languages10+10+
Best For
Multi-asset CFD traders seeking deep liquidityActive multi-asset traders seeking institutional-grade liquidity
Advanced traders and MetaTrader power usersAlgorithmic and automated traders using EAs or cAlgo
Not Suitable For
Beginners with very small deposits under $100Traders who need extensive educational resources and webinars
Beginners with small deposits under $200Traders who need extensive educational content and webinars
Risk Level
Verified
Verified
Review Score
4.6
4.7
Full Review

Category Verdicts

Spreads
TMGMLower spread entry costs
Min Deposit
TMGMMore accessible to beginners
Rating
IC MarketsHigher overall review score
Platform Range
TMGMMore platform options
Market Range
TMGMMore tradeable markets

Overall Edge: TMGM

TMGM wins 4 out of 5 categories in this comparison. However, the best broker for you depends on your trading style, country, and preferred platform. Read both full reviews before opening an account.

* Category verdicts are editorial comparisons only. Not investment advice.

T
TMGM

Best For

Multi-asset CFD traders seeking deep liquidityActive multi-asset traders seeking institutional-grade liquidityAustralian and APAC region traders wanting ASIC regulation

Not Suitable For

Beginners with very small deposits under $100Traders who need extensive educational resources and webinars
I
IC Markets

Best For

Advanced traders and MetaTrader power usersAlgorithmic and automated traders using EAs or cAlgoScalpers and high-frequency traders requiring raw ECN spreads

Not Suitable For

Beginners with small deposits under $200Traders who need extensive educational content and webinars

TMGM vs IC Markets — FAQ

TMGM has a minimum deposit of $100, while IC Markets requires $200. TMGM is generally more accessible for beginners in terms of entry capital. Both offer demo accounts for practice trading.

Disclaimer: This TMGM vs IC Markets comparison is for educational and informational purposes only. It does not constitute investment advice or a recommendation to open an account with either broker. CFD trading involves significant risk of loss. Always verify broker information on their official websites.

Data Sources

Live account testingBroker official websitesRegulatory databases

Affiliate Disclosure

Rankly may receive compensation when you click on links to trading platforms and open an account. This does not influence our independent editorial ratings, rankings, or reviews. We only recommend platforms that meet our strict quality standards. See our full affiliate disclosure for more details.

Risk Warning

CFD trading involves a high risk of losing money rapidly due to leverage. Between 60–80% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford the high risk of losing your money. This content is for educational purposes only and does not constitute investment advice. See our full risk warning.