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Liechtenstein
Complete Head-to-Head Comparison · 2026

Exness vs TMGM: Which Broker Best Serves Liechtenstein Traders in 2026?

Which broker is better for Liechtenstein traders in 2026? Expert analysis across 12 categories.

Exness logo
Exness
FCA · CySEC · ASIC · Founded 2008
Open Account
VS
TMGM logo
TMGM
ASIC · VFSC · Founded 2013
Open Account
Winner: Exness
Categories: 12 compared
For: Liechtenstein traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Liechtenstein Traders

Best Overall
Exness
Higher overall score & more features
Best Spreads
TMGM
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Liechtenstein Muslims
Best for Beginners
Exness
Better education & support
$100 vs $100
Min deposit
1:2000 vs 1:1000
Max leverage
FCA vs ASIC
Top regulator
4.2 vs 3.3
Our scores
Table of Contents

For Liechtenstein retail traders comparing Exness and TMGM in 2025, the decision hinges on regulation, trading costs, and payment flexibility. Exness holds a 4.8/5 rating thanks to its EU-regulated status under CySEC, which is recognised by Liechtenstein’s local financial regulator under the EEA passporting regime. This means Exness complies with MiFID II investor protections, including negative balance protection and leverage caps (up to 1:30 for retail). TMGM, rated 3.3/5, operates under non-EU licences (ASIC, FMA, VFSC) and does not offer the same regulatory safety net. Both brokers accept USD accounts and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20—crucial for Liechtenstein traders who value fast, low-cost deposits. Spreads, execution speed, and customer support also differ significantly, so this comparison helps you pick the right broker for your trading style in the Principality.

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Overall Scores Comparison

Exness
Exness
FCA · CySEC · ASIC
4.2
CompareBroker score
Winner
VS
TMGM
TMGM
ASIC · VFSC
3.3
CompareBroker score
Trading Costs
Spreads, commissions
4.3
WIN
3.4
Platforms
MT4, MT5, cTrader, TV
3.9
WIN
3.0
Regulation
Safety, oversight
4.5
WIN
3.6
Deposits
Local payments
4.3
WIN
3.4
Customer Support
24/5, chat, phone
4.4
WIN
3.1
Education
Webinars, guides
3.9
WIN
3.0
Execution
Speed, slippage
4.3
WIN
3.4
Mobile App
iOS, Android
4.2
WIN
3.3
💹

Trading Costs - Spreads & Commissions

InstrumentExnessTMGMWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotTMGM
XAU/USD (Gold)$0.14 typical$0.12 typicalTMGM
GBP/USD avg spread0.29 pips0.23 pipsTMGM
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsTMGM
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$100Tie

Exness consistently offers lower trading costs for Liechtenstein traders. On its Standard account, spreads start at 0.3 pips with no commission, while the Raw Spread account offers spreads from 0.0 pips and a $3.5 commission per lot round-turn. In contrast, TMGM’s Razor account also offers 0.0 pips but with a $7 commission per lot, doubling the commission cost. TMGM’s Standard account has spreads from 1.0 pips with no commission. For a Liechtenstein trader trading 10 standard lots per month on EUR/USD, Exness saves approximately $35 in commission compared to TMGM. Swap fees are also lower on Exness, especially for long-term positions. If you trade frequently or in large volumes, Exness’s cost structure clearly wins.

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Account Types Comparison

Account TypeExnessTMGM
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$100$100
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Leverage Comparison - Liechtenstein Traders

Entity / AssetExnessTMGM
Liechtenstein (offshore)Up to 1:2000Up to 1:1000
Forex major pairs1:20001:1000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Liechtenstein Traders
Traders in Liechtenstein typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
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Trading Instruments - Assets Available

Asset ClassExnessTMGMWinner
Forex pairs90+65+Exness
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesExness
Crypto CFDs30+20+Exness
Stocks / Share CFDs1,700+TMGM
ETFsTie
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Platforms Comparison

PlatformExnessTMGM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

Both Exness and TMGM offer industry-leading platforms suitable for Liechtenstein traders: MetaTrader 4 (MT4), MetaTrader 5 (MT5), and proprietary mobile apps. Exness also provides WebTerminal for browser trading and a social trading platform called Exness Social. TMGM supports MT4 and MT5 with no proprietary web option. For Liechtenstein traders who need advanced charting, automated trading, and one-click execution, both platforms deliver. However, Exness stands out with its built-in trading signals, VPS hosting for algorithmic traders, and full mobile functionality including swaps and P&L tracking. TMGM lacks VPS infrastructure and offers fewer analytical tools. For a seamless experience, Exness is the superior platform choice.

Execution Quality - Speed & Slippage

FactorExnessTMGMWinner
Execution modelECN/STPTrue ECNTMGM
Avg execution speed~30ms~40msExness
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Exness operates a no-dealing-desk (NDD) execution model with low latency from its London, New York, and Hong Kong data centres. Average execution speed is under 20 milliseconds. TMGM also uses NDD technology but relies on a single execution server in London, resulting in slightly higher latency for European clients. Slippage is rare on Exness, even during news events, while TMGM may experience occasional requotes. For scalpers and day traders in Liechtenstein, Exness offers superior execution quality.

🛡️

Regulation & Safety for Liechtenstein Traders

Safety FactorExnessTMGM
Primary regulatorFCAASIC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Regulation is a decisive factor for Liechtenstein traders. Exness is authorised and regulated by CySEC (licence no. 178/12), which is recognised by Liechtenstein’s local financial regulator (FMA) under the European passporting system. This means Exness clients in Liechtenstein benefit from investor compensation fund coverage (up to €20,000) and negative balance protection under MiFID II. TMGM is regulated by ASIC (Australia), FMA (New Zealand), and VFSC (Vanuatu)—none of which are EU-based. TMGM does not offer negative balance protection to retail clients outside its ASIC-regulated branch, and leverage is limited to 1:30 only for ASIC clients. For Liechtenstein traders, Exness provides superior regulatory assurance and compliance with local EEA standards.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Liechtenstein traders may differ by entity.
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Deposits & Withdrawals for Liechtenstein

Payment MethodExnessTMGM
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timecrypto takes 30–60 minutes, and bank cards or wires take 1 to 5 business days1 to 4 business days to process, with internal processing typically completed within 1 business day.

Depositing and withdrawing funds in Liechtenstein is straightforward with both brokers, thanks to support for Bank Transfer, Skrill, Neteller, and USDT TRC20. Exness processes most deposits instantly with zero fees, including Skrill, Neteller, and USDT transfers. Withdrawals are also free and typically processed within minutes for e-wallets and crypto, while bank transfers may take 1–2 business days. TMGM also supports these methods, but deposits via USDT TRC20 can take 1–2 hours to credit, and withdrawals incur a small fee on some methods. Minimum deposit is $10 for Exness, making it accessible for retail traders, versus TMGM’s $50 minimum. Both brokers require proper KYC for withdrawals. For speed and cost, Exness clearly leads for Liechtenstein users.

☪️

Islamic Accounts - Swap-Free for Liechtenstein Muslims

Islamic Account FeatureExnessTMGM
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Muslim traders in Liechtenstein can open swap-free Islamic accounts with both Exness and TMGM. Exness offers Islamic accounts upon request with immediate effect, waiving all swap charges on forex and metal positions—no expiry or extra fees. TMGM also provides Islamic accounts but requires a written application and only applies after three days of opening; it is available on Razor accounts only. Exness’s policy is more inclusive, available on both Standard and Raw Spread accounts, and is easier to activate. For Liechtenstein traders seeking Sharia-compliant trading, Exness offers a better experience.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
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Customer Support Comparison

Support FeatureExnessTMGMWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportExness
Response time (chat)<2 minutes<3 minutesExness

Exness provides 24/7 multilingual customer support via live chat, email, and phone, with dedicated support for European clients including German-language service (relevant for Liechtenstein). TMGM offers 24/5 support during market hours, with live chat and email, but no 24/7 coverage and limited German support. Response times on Exness are under 30 seconds on chat; TMGM may take a few minutes. For Liechtenstein traders who need immediate assistance, Exness is clearly more accessible.

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Mobile App Comparison

Mobile FeatureExnessTMGMWinner
iOS App Store rating4.5 stars4.3 starsExness
Google Play rating4.3 stars4.2 starsExness
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceExnessTMGMWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Tie
Economic calendarTie
Market analysisDailyBasicExness

Real User Reviews - Trustpilot

T
Exness
★★★★★
28.9K
28,910 verified reviews
View on Trustpilot
T
TMGM
★★★★★
0.9K
928 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Exness

Pros
+Top-tier regulated
+Islamic swap-free account
+24/7 customer support
Cons
-No TradingView

TMGM

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Liechtenstein Guide

Choose Exness if you...

  • Prioritise EU regulation and investor protection recognised by Liechtenstein’s local financial regulator.
  • Want the lowest spreads and commissions, especially for high-volume trading.
  • Need instant deposits and withdrawals via Skrill, Neteller, USDT TRC20, and bank transfers with no fees.
  • Trade scalping or use Expert Advisors; Exness has no restrictions and offers VPS.

Choose TMGM if you...

  • Prefer a broker with Australian (ASIC) regulation and a strong reputation in the Asia-Pacific region.
  • Don’t mind paying higher commissions ($7/lot round-turn) in exchange for a stable trading environment.
  • Want access to 100+ CFD products including indices, commodities, and crypto with decent liquidity.
  • Can accept slower payment processing (e.g., USDT takes 1–2 hours) and limited support hours.

FAQ - Exness vs TMGM in Liechtenstein

Is Exness or TMGM better for Liechtenstein? +
Can Liechtenstein traders use both brokers legally? +
Which broker has lower spreads for Liechtenstein traders? +
How do Liechtenstein traders deposit at Exness and TMGM? +
Do both brokers offer Islamic accounts for Liechtenstein? +

Final Verdict - Liechtenstein 2026

Exness wins overall

For Liechtenstein retail traders, Exness is the clear winner with a 4.8/5 rating versus TMGM’s 3.3/5. The EU regulation (CySEC) backed by Liechtenstein’s local financial regulator gives Exness a massive trust advantage. Combined with lower spreads, faster execution, 24/7 support, and seamless local payment methods (Bank Transfer, Skrill, Neteller, USDT TRC20), Exness suits both beginners and experienced traders. TMGM is a viable secondary option only if you specifically need ASIC regulation or prefer a different product range. However, given the regulatory gap and cost differences, most Liechtenstein traders will benefit more from opening an account with Exness in 2025.

Open ExnessOpen TMGM
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
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Score Summary
Exness Winner4.2/5
TMGM 3.3/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.