FBS vs TMGM

FBS vs TMGM Comparison Table 2023
FBS	TMGM
Review 4.3	Review 3.4
Traders from US not accepted	Traders from US not accepted
FBS is a top online broker offering MT4 & MT5 trading across a range of popular markets. Multiple account tiers and loyalty bonuses are available.	TMGM is a competitive forex and CFD broker with a wide range of instruments, features and tools provided at low-cost.
Awards
Best Customer Service Broker WBO 2022 Most Reliable Forex Broker MENA 2020 Best Social Trading Application MENA 2020 Best Mobile Trading Platform Asia 2020 Best FX Broker Europe 2019 Most Transparent Forex Broker 2018 Best Forex Broker Asia 2018 Best Safety of Client Funds Asia 2015
Promotions
FBS: $140 Level Up Bonus FBS Makes Copytrading Risk-Free On Your First Three Trades	$176,500 Prize Pot Up For Grabs In The TMGM Ultimate Trading Competition
Bonus
$100 welcome bonus (only available in certain regions)	Point-based loyalty system
Instruments
CFDs, forex, indices, shares, commodities, cryptocurrencies	CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes	Yes
Minimum Deposit
$1	$100
Payment Methods
AstroPay Credit Card Maestro Mastercard Neteller Rapid Transfer Skrill Visa Wire Transfer	Alipay Credit Card Debit Card FasaPay Mastercard Neteller Skrill UnionPay Visa Wire Transfer
Minimum Trade
0.01 lots	0.01 lots
Regulator
ASIC, CySEC, IFSC, FSCA	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
No	Yes
Autochartist
No	No
eSignal
No	No
Trading Central
No	Yes
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
No	Yes
MAM Account
Yes	Yes
PAMM Account
Yes	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
Yes (EAs)	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
MT4 & MT5	MT4 Expert Advisors (EAs)
VPS Hosting
Yes	Yes
Tournaments
No	Yes
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	Yes
Account Currencies
USD EUR	USD EUR GBP CAD AUD NZD
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange
Commodities
Gasoline Gold Natural Gas Oil Silver	Gold Natural Gas Oil Platinum Silver
CFD Trading
Go long or short on popular financial markets with leveraged CFDs	TMGM offers a massive range of CFD instruments, encompassing more than 12,000 global equities, indices, currency pairs and commodities
Leverage
1:30 EU and restricted countries, 1:3000 rest of the world	1:500
FTSE Spread
From 0.0	4.0
GBPUSD Spread<
From 0.6	1.4
Oil Spread
From 0.0	0.0
Stocks Spread
Variable	Variable
Forex Trading
Trade a long list of currencies, including exotics, with competitive spreads	TMGM supports forex trading on all three of its platforms with competitive spreads and VPS hosting services
Forex App
The FBS Trader app allows clients to manage their finances and speculate on 44 forex pairs, among other assets. Instant deposits are available, as well as one-click trading. Users can also conduct technical analysis via interactive charting with multiple indicators. The app is free to download from the respective app stores.
GBPUSD Spread
From 0.6	1.4
EURUSD Spread
From 0.5	0.3
EURGBP Spread
From 2.1	0.2
Assets
44	50+
Cryptocurrency
FBS offer trading on crypto/metal, crypto/crypto or crypto/fiat pairs.	TMGM supports crypto CFD trading, pegging each token against the USD. Up to 1:20 leverage
Spread
Floating	Variable
Coins
ADA ALG AVA BAT BCH BNB BTC DOG DOT DSH EOS ETC ETH FIL IOT LNK LTC MKR MTC NEO OMG SHB SOL TRX UNI VEC XLM XMR XRPZEC	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

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