HomeCompareExness vs TMGMSweden
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Sweden
Complete Head-to-Head Comparison · 2026

Exness vs TMGM – Sweden Trader Comparison (2026)

Which broker is better for Sweden 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: Sweden traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Sweden Traders

Best Overall
Exness
Higher overall score & more features
Best Spreads
TMGM
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Sweden 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

Sweden traders seeking a reliable forex broker face a choice between Exness (rated 4.8/5) and TMGM (rated 3.3/5). Both brokers accept Swedish clients and offer local payment methods such as Bank Transfer, Skrill, Neteller, and USDT TRC20. However, the regulatory landscape differs: Exness operates under multiple licenses including the FSA and FCA, while TMGM holds an ASIC license. For Swedish traders, the local financial regulator (Finansinspektionen) does not directly supervise offshore brokers, so due diligence on regulatory protection is essential. Exness stands out with higher trust scores, tighter spreads, and more flexible deposit options, making it a preferred choice for most Swedish retail traders. TMGM is still a viable option for those seeking ASIC-regulated brokerage, but its lower overall rating suggests less robust services. This comparison will help Sweden traders decide based on costs, regulation, deposit methods, and trading conditions.

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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 offers significantly lower trading costs for Sweden traders. On its raw spread account, spreads start from 0.0 pips with a commission of $3 per lot round-turn. TMGM's standard account has spreads from 1.0 pips without commission, but its raw account starts from 0.0 pips with a $7 commission. For a Sweden trader trading 10 lots per month, Exness can save up to $40 in spread costs compared to TMGM. Additionally, Exness has no hidden fees on deposits via Bank Transfer or Skrill, while TMGM may charge conversion fees for SEK deposits. Frequent traders will benefit more from Exness's cost structure.

📂

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
⚖️

Leverage Comparison - Sweden Traders

Entity / AssetExnessTMGM
Sweden (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 Sweden Traders
Traders in Sweden typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

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
🖥️

Platforms Comparison

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

Both Exness and TMGM support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the most popular platforms among Sweden traders. Exness also offers a proprietary WebTerminal and mobile app with advanced charting tools, while TMGM provides a similar WebTrader interface. For Swedish traders, the availability of MT4/MT5 ensures seamless use with Expert Advisors (EAs). Exness additionally supports integration with TradingView, which is favored by many local traders for its social features. Platform speed and reliability are comparable, but Exness has a slight edge in execution speed and uptime.

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 boasts average execution speeds of 0.1 seconds with minimal slippage, powered by its proprietary technology. TMGM reports execution speeds of 0.3 seconds, which is still fast but less consistent under high volatility. Sweden traders who trade news events or scalping strategies will prefer Exness for its faster fills and tighter requotes. Both brokers offer no dealing desk (NDD) execution, but Exness's infrastructure is more advanced.

🛡️

Regulation & Safety for Sweden Traders

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

Exness is regulated by the FSA (Seychelles), FCA (UK), CySEC, and other authorities, offering strong client protection including negative balance protection. TMGM is regulated by ASIC (Australia) and FMA (New Zealand). For Sweden traders, neither broker is directly supervised by the local financial regulator (Finansinspektionen), but Exness's FCA regulation provides additional safeguards under UK law. ASIC regulation is also reputable but does not cover all clients equally. Exness has a higher trust score (4.8/5 vs 3.3/5) partly due to its longer operational history and transparent regulatory reporting. Sweden traders should consider that broker regulations may affect leverage limits and fund segregation.

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

Deposits & Withdrawals for Sweden

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.

Sweden traders can fund their accounts using Bank Transfer (SEK), Skrill, Neteller, and USDT TRC20 at both brokers. Exness processes local bank transfers within 1-3 business days with no fees, while Skrill and Neteller deposits are instant. USDT TRC20 deposits are also instant on both platforms, but Exness offers a 1% deposit bonus on crypto deposits occasionally. TMGM supports the same methods but may take 2-5 days for local bank transfers. Withdrawals are generally faster at Exness (same day for e-wallets) compared to TMGM (1-2 days). Both brokers handle currency conversion from SEK to USD automatically, but Exness has lower conversion costs. For Sweden traders preferring crypto-based funding, Exness's USDT TRC20 option is more competitive.

☪️

Islamic Accounts - Swap-Free for Sweden Muslims

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

Both Exness and TMGM offer Islamic accounts (swap-free) for Muslim traders in Sweden who require Sharia-compliant trading. Exness provides Islamic accounts on all account types including standard, raw, and zero, with simple request via live chat. TMGM requires a manual application and approval, which can take up to 24 hours. On Exness, Islamic accounts have no swap but may have slightly wider spreads on certain instruments. TMGM also adjusts spreads for swap-free accounts. Sweden traders should verify that the broker's Islamic account policy aligns with their religious requirements, and note that Exness's instant activation is more convenient.

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

Customer Support Comparison

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

Exness offers 24/7 multilingual customer support via live chat, email, and phone, with dedicated Swedish language support available during European business hours. TMGM provides 24/5 support with English and Chinese options, but lacks Swedish-speaking agents. For Sweden traders, Exness's round-the-clock availability and local language support provide a significant advantage. Response times at Exness average under 30 seconds, while TMGM can take up to 5 minutes during peak hours.

📱

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? - Sweden Guide

Choose Exness if you...

  • Want lower spreads and commissions for frequent trading.
  • Prefer instant deposits via Skrill, Neteller, or USDT TRC20 with no fees.
  • Need 24/7 Swedish language support and faster withdrawals.
  • Value high trust scores and multiple regulatory licenses including FCA.

Choose TMGM if you...

  • Prefer an ASIC-regulated broker with a focus on Australian oversight.
  • Trade with moderate volumes and don't need ultra-low spreads.
  • Are comfortable with longer withdrawal processing (1-2 days).
  • Use only standard MetaTrader platforms without extra features.

FAQ - Exness vs TMGM in Sweden

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

Final Verdict - Sweden 2026

Exness wins overall

For Sweden traders in 2025, Exness is the clear winner with a 4.8/5 rating, lower trading costs, faster execution, and better local support. Its acceptance of Bank Transfer, Skrill, Neteller, and USDT TRC20 ensures convenient funding, while its compliance with the local financial regulator's expectations (via FCA) adds trust. TMGM, with a 3.3/5 score, remains a decent choice for those preferring ASIC regulation, but its higher spreads and slower deposits/withdrawals make it less competitive. Overall, Exness offers better value for Swedish retail traders seeking a reliable, low-cost broker with strong regulatory protection.

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.