1. Home
  2. Online Brokers and Trading Platforms 2023

Eightcap vs TMGM

Eightcap vs TMGM Comparison Table 2023
Eightcap TMGM
Review
4.6
Review
3.4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Eightcap is a multi-regulated FX and CFD broker offering MT4 and MT5. The brand provides award winning trading platforms, zero commissions, free education and low spreads.

TMGM is a competitive forex and CFD broker with a wide range of instruments, features and tools provided at low-cost.

Awards
  • Best Forex Broker 2023 - DayTrading.com
  • Best Cryptocurrency Broker 2023 - DayTrading.com
  • Best MT4/MT5 Broker 2022 - DayTrading.com
  • Best Global Forex MT4 Broker 2020 - Global Forex Awards
Bonus
Point-based loyalty system
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes Yes
Minimum Deposit
£/€/$100 $100
Payment Methods
Minimum Trade
0.01 lots 0.01 lots
Regulator
ASIC, VFSC ASIC, FMA, VFSC
Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
Yes Yes
Autochartist
No No
eSignal
No No
Trading Central
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No Yes
MAM Account
Yes Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Capitalise.ai & Expert Advisors Yes
Copy Trading
No Yes
Copy Trading Platform
Copy trading through HUBx, a service designed to help investors automatically mirror the positions of successful traders.
Social Trading
No No
Trade Signals
Cryptocrusher - signals for cryptocurrencies MT4 Expert Advisors (EAs)
VPS Hosting
Yes Yes
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on popular indices, shares, forex, cryptos & commodities TMGM offers a massive range of CFD instruments, encompassing more than 12,000 global equities, indices, currency pairs and commodities
Leverage
1:30 - 1:500 depending on local regulation 1:500
FTSE Spread
1.2 4.0
GBPUSD Spread<
1.0 but 0.0 on Raw Account 1.4
Oil Spread
0.03 0.0
Stocks Spread
$0.02 per share, per side ($4 per lot round turn) Variable
Forex Trading
Trade 40+ major, minor & exotic pairs with an award winning platform. Zero commission and tight spreads TMGM supports forex trading on all three of its platforms with competitive spreads and VPS hosting services
GBPUSD Spread
1.0 but 0.0 on Raw Account 1.4
EURUSD Spread
1.0 but 0.0 on Raw Account 0.3
EURGBP Spread
1.0 but 0.0 on Raw Account 0.2
Assets
40+ 50+
Cryptocurrency
Trade Bitcoin, major altcoins, cross pairs and indices. Eightcap delivers over 250 crypto backed derivatives TMGM supports crypto CFD trading, pegging each token against the USD. Up to 1:20 leverage
Spread
From $0 Variable
Coins
  • BTC
  • ETH
  • XRP
  • ADA
  • DOGE
  • BNB
  • LTC
  • TRX
  • BCH
  • XRP
  • EOS
  • DOT
  • LINK
  • MATIC
  • SHIB
  • BSV
  • VET
  • AXS
  • NEO
  • SOL
  • XLM
  • UNI
  • DASH
  • AAVE
  • KSM
  • THETA
  • CAKE
  • SUSHI
  • ATOM
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
  • DOT
  • EOS
  • LINK
  • UNI
  • XTZ
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Review
Review
More Comparisons
Eightcap
vs
 TMGM
vs