Current Location: TMGM >> Account Type

Account Type

TMGM offers two primary types of trading accounts, each tailored to different trading styles and preferences:

  1. 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.
  2. 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.
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