Account Type
TMGM offers two primary types of trading accounts, each tailored to different trading styles and preferences:
-
EDGE Account:
- Spreads: Raw spreads from 0.0 pips.
- Commission: $7 per round turn.
- Minimum Deposit: $100.
- Minimum Lot Size: 0.01 lot.
- Maximum Leverage: 1:30.
- Execution Type: ECN.
- Features: Islamic Account option, hedging allowed, and compatibility with Expert Advisors (EAs).
- Trading Platforms: Available on MT4 and MT5.
- Available Markets: 55+ FX pairs, 15+ indices, 50+ shares, 12 cryptocurrencies, and 6 commodities.
- Funding and Withdrawal: Fee-free funding and withdrawal.
-
CLASSIC Account:
- Spreads: Variable spreads from 1.0 pips.
- Commission: No commission.
- Minimum Deposit: $100.
- Minimum Lot Size: 0.01 lot.
- Maximum Leverage: 1:30.
- Execution Type: ECN.
- Features: Islamic Account option, hedging allowed, and compatibility with Expert Advisors (EAs).
- Trading Platforms: Available on MT4 and MT5.
- Available Markets: 55+ FX pairs, 15+ indices, 50+ shares, 12 cryptocurrencies, and 6 commodities.
- Funding and Withdrawal: Fee-free funding and withdrawal.
Choosing the Best Account:
- EDGE Account is suitable for short-term traders or scalpers who prefer opening small but frequent positions, given its low spreads and ECN execution.
- CLASSIC Account is a good choice for new traders or those who prefer to open larger positions, as it does not include commission fees.