You’re a retail trader with a six-figure account, and you want access to trading conditions that feel more institutional: competitive spreads, fast execution, and a solid selection of instruments covering FX, commodities, crypto, and equities. All without the massive minimum balance a hedge fund would demand.
Choosing a broker always involves trade-offs. Trading costs aren’t fixed—they move with market conditions, the type of account you hold, and the specific instrument. Slippage and how the platform holds up can also vary when markets get choppy.
Brokers aren’t identical. They differ in how they price trades, how orders get filled, what their platforms offer, and how they’re regulated. This comparison reviews five multi-asset brokers based on available instruments, published costs, platforms, and regulatory details. Here’s the side-by-side look.
TL;DR
- This list looks at five multi-asset brokers, comparing instruments, platforms, pricing, and execution setup. TMGM is one of them.
- Published conditions, platform options, and infrastructure form the basis of the review. Account requirements and costs differ by broker and account type.
- It may help traders weighing platform features, pricing models, execution arrangements, and multi-asset access.
- The brokers selected offer access to several markets or platforms. Regulatory coverage varies by entity and jurisdiction.
How to Choose the Right Multi-Asset Broker
Compare brokers on pricing, execution, instruments, platforms, and regulation.
- Spread transparency — Ask for live spreads on main pairs, busy and quiet hours. If they hide them, they can’t compete.
- Execution latency — Get average execution speeds with server location. Sub-50ms matters for scalping.
- Asset breadth — Verify real instrument counts. “10,000+” often includes illiquid derivatives.
- Licensing — Check which entity handles your account and verify its license.
- Platform depth — Look beyond charting: advanced orders, API access, backtesting.
- Pricing clarity — Spreads, commissions, or both? Compare total costs, not labels.
Top 5 Multi-Asset Brokers
We compared five multi-asset brokers on published spreads and fees, available instruments, platform features, and regulation.
Pricing models, charting tools, and retail conditions differ. Spreads, execution, and product range can also change with account type, instrument, market conditions, and location.
TMGM
TMGM is a multi-asset forex and CFD broker that has been around since 2013. It gives retail traders access to international markets, a few different platforms, and some solid analysis tools.
The firm runs on OneZero technology and links up with several liquidity providers to help with pricing and execution. Spreads are advertised from 0.0 pips on certain instruments and accounts, though that depends on market conditions. Commissions and other costs can still apply.
You can trade forex, share CFDs, indices, gold and other metals, oil, commodities, and crypto CFDs—subject to where you live and what’s available. Platforms include MT4, MT5, and the TMGM App, all with charting, indicators, and order tools. Demo accounts are there if you want to test ideas with virtual money first.
Market research comes through Acuity Trading tools, plus news, economic data, and technical analysis. These sit alongside the trading side so you can keep an eye on what’s moving.
Account options, deposit and withdrawal methods, and 24/7 multilingual support are also part of the package. TMGM operates through regulated entities in different places, so protections, conditions, and product access can change depending on your location and which entity you’re with.
- Spreads from 0.0 pips on eligible instruments and accounts, depending on market conditions
- Multi-asset coverage: Forex, cryptocurrency CFDs, gold and other precious metals, commodities, share CFDs, and indices, subject to jurisdiction and product availability
- Established in 2013: Operating in international forex and CFD markets
- MT4, MT5, and TMGM App: Trading platforms with charting, technical analysis, and access to available research tools
- Pricing and execution infrastructure: OneZero technology and connections to multiple liquidity providers
Pepperstone EU Limited
Pepperstone EU Limited offers trading platforms and market research tools for clients in eligible jurisdictions. Its available instruments, pricing conditions, and services depend on the applicable account and regulatory entity.
Its CFD offering and research tools provide options for traders comparing platform features and market access. Trading conditions and platform availability should be checked against the relevant entity’s current documentation.
- 24/5 market access with real-time pricing
- Advanced trading platforms and research tools
- Available account and support arrangements, subject to verification against current company information
FP Markets
FP Markets started in 2005 and remains based in Sydney. It operates globally through different regulated entities.
The broker lists more than 10,000 instruments across forex, shares, indices, metals, commodities, digital currencies, bonds and ETFs—availability varies by region. Some accounts show raw spreads from 0.0 pips, but commissions and other fees can still apply. Checking the current pricing and execution disclosures is advisable.
Platforms on offer include MetaTrader 4 and 5, cTrader and TradingView, subject to local availability. Additional services such as VPS, Autochartist, Myfxbook, MAM/PAMM, Traders Toolbox and Signal Start are also part of the mix for certain clients.
Copy trading is available with selected services, allowing clients to replicate other traders’ activity. Features and risk controls differ between those services, and past performance never guarantees future results.
- Advertised access to 10,000+ instruments across multiple asset classes, subject to availability
- Raw spreads from 0.0 pips on eligible accounts; commissions may apply
- MT4/MT5, cTrader, and TradingView, subject to availability
- Copy-trading features, where available, with configurable risk controls
- AI tools, VPS, MAM/PAMM, and other services, depending on availability
Fusion Markets
Fusion Markets offers forex and CFD trading with pricing options that may include zero-spread conditions on selected instruments. Account requirements, commissions, and other charges should be checked against its current terms. Its available markets and services depend on the applicable entity and jurisdiction.
The broker may appeal to traders comparing pricing structures and platform features. The total cost of trading depends on the instrument, account type, spreads, commissions, and any applicable fees.
- Zero-spread conditions on selected instruments, subject to account terms
- Account minimums and deposit or withdrawal fees: Check current terms
- Hundreds of forex and CFD products, subject to availability
IC
IC Markets has accounts that show raw spreads from 0.0 pips on certain instruments. Market conditions and any commissions still apply, of course. Platforms and how orders get filled can change with the account type and your location, so checking the latest product details is a good idea.
You may have access to MetaTrader 4, MetaTrader 5, cTrader and TradingView, depending on what’s offered where you are. Markets can cover currencies, shares, commodities, futures, bonds and cryptocurrencies through the relevant products.
With raw-spread accounts the spread is usually listed separately from the commission. Both need to be factored in when you work out total costs. Execution speed itself depends on connectivity, order type, market conditions and the execution setup.
- Advertised raw spreads from 0.0 pips on eligible accounts; commissions may apply
- Multi-asset access: Forex, shares, CFDs, futures, bonds, and digital assets, subject to availability
- MT4/MT5, cTrader, and TradingView, subject to availability
Quick Comparison
Compare the brokers’ advertised spreads, available markets, and trading platforms. Actual trading costs and product availability vary by account and jurisdiction.
| Firm | Minimum Spread (EUR/USD) | Asset Classes | Trading Platforms |
| TMGM | From 0.0 pips on eligible accounts; conditions apply | Forex, cryptocurrency CFDs, gold, commodities, share CFDs, indices | MT4, MT5, TMGM App |
| Pepperstone EU Limited | N/A | CFDs, 24/5 markets | Advanced trading platforms |
| FP Markets | From 0.0 pips (ECN raw) | 10,000+ CFDs across 7 classes | MT4, MT5, cTrader, TradingView |
| Fusion Markets | Zero spreads (select instruments) | Forex, CFDs | N/A |
| IC | From 0.0 pips (raw interbank) | Forex, Stocks, CFDs, Futures, Bonds | MT4, MT5, TradingView |
Conclusion
For years, retail traders had to decide whether they wanted the kind of execution associated with the big names or were forced to accept inferior terms to take advantage of smaller brokerages.
These five brokerages combine both by offering tight spreads, fast order execution in less than 50ms and access to over 10,000 different financial instruments including forex, stocks, commodities and crypto without the need for a high minimum deposit. No matter what you value most, be it low prices, sophisticated trading platforms, or a range of regulatory oversight, these five brokers show that retail traders no longer have to make any compromises.
Sign up with two platforms from this list using their demo accounts. Perform a series of test trades and evaluate how well their fills compare to their spread claims. Actual performance is all that matters.
Frequently Asked Questions
Q: What kind of spreads can I anticipate from a reputable multi-asset broker in 2026?
A: At the best brokers, you’ll see 0.0-0.3 pip spreads on ECN accounts for EUR/USD. Standard accounts typically range 0.8-1.2 pips. Anything above 1.5 pips on major pairs means you’re paying too much. You no longer need an institutional account to get institutional-quality spreads; it just depends on where you choose to trade.
Q: How fast should my execution speeds be?
A: Execution under 50 milliseconds should be the baseline for any multi-asset broker offering serious trading services. Many of the top providers deliver 30-40 millisecond execution. This matters if you use scalping or other HFT strategies. Anything over 100 milliseconds gives you a higher chance of slippage, eating away at your tight spreads. Always test execution during volatile market hours to see how well your broker’s infrastructure holds up.
Q: Do brokers charge different fees for each asset class?
A: Most charge the same commission fee for all CFD assets. Typical fees run between $3 and $7 per lot for forex, and a percentage for stocks and commodities. Cleanest pricing comes from a model where spreads and commissions aren’t bundled together. You’ll want to check for other potential hidden costs, like overnight swap rates, inactivity fees, and withdrawal fees. These add up quickly.