Fortrade vs TMGM

Fortrade vs TMGM Comparison Table 2023
Fortrade	TMGM
Review 3.8	Review 3.4
Traders from US not accepted	Traders from US not accepted
Fortrade is a multi-asset broker offering a simple live account with advanced trading tools and daily analysis features.	TMGM is a competitive forex and CFD broker with a wide range of instruments, features and tools provided at low-cost.
Pros
Demo account MetaTrader 4 Strong regulatory oversight
Cons
Slow deposit process Withdrawal fees
Promotions
	$176,500 Prize Pot Up For Grabs In The TMGM Ultimate Trading Competition
Bonus
	Point-based loyalty system
Instruments
Forex, CFDs, indices, shares, commodities, cryptocurrencies, DMAs, ETFs, bonds	CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes	Yes
Minimum Deposit
$100	$100
Payment Methods
Credit Card Debit Card Mastercard Neteller PayPal 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
FCA, ASIC, CySEC, NBRB, FSC, IIROC	ASIC, FMA, VFSC
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
No	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	No
eSignal
No	No
Trading Central
Yes	Yes
STP Account
No	No
ECN Account
Yes	Yes
DMA Account
Yes	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
No	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
Yes	MT4 Expert Advisors (EAs)
VPS Hosting
No	Yes
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$10
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP	USD EUR GBP CAD AUD NZD
Stock Exchanges
Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group Nasdaq S&P 500 Shanghai Stock Exchange SIX Swiss Exchange Toronto 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
Copper Corn Cotton Gasoline Gold Natural Gas Oil Palladium Platinum Silver Sugar Wheat	Gold Natural Gas Oil Platinum Silver
CFD Trading
Trade multiple financial assets with flexible leverage	TMGM offers a massive range of CFD instruments, encompassing more than 12,000 global equities, indices, currency pairs and commodities
Leverage
1:30 (varies by entity)	1:500
FTSE Spread
2	4.0
GBPUSD Spread<
2	1.4
Oil Spread
0.04	0.0
Stocks Spread
Variable	Variable
Forex Trading
Trade 50+ major and minor forex pairs	TMGM supports forex trading on all three of its platforms with competitive spreads and VPS hosting services
Forex App
The Fortrader mobile app can be used to trade 50+ currency pairs. Clients can also access daily market insights and manage deposits and withdrawals via the application. The forex trading app is available from the Apple App Store and Google Play.
GBPUSD Spread
2	1.4
EURUSD Spread
2	0.3
EURGBP Spread
3	0.2
Assets
50+	50+
Cryptocurrency
Trade four leading crypto coins against the US Dollar	TMGM supports crypto CFD trading, pegging each token against the USD. Up to 1:20 leverage
Spread
Variable	Variable
Coins
BTC DSH LTC ETH	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
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