OctaFX vs TMGM

OctaFX vs TMGM Comparison Table 2022
OctaFX TMGM
WINNER
OctaFX is the better broker
4.1
United States Flag Traders from US not accepted
3.4
United States Flag Traders from US not accepted
OctaFX offers commission-free multi-asset trading on MT4 & MT5 platforms with tight floating spreads. Users can also benefit from a proprietary copy trading service. TMGM is a competitive forex and CFD broker with a wide range of instruments, features and tools provided at low-cost.
Awards
  • Most Secure Broker Indonesia 2022- International Business Magazine
  • Best Global Broker Asia 2022- International Business Magazine
  • Best Forex Broker Pakistan 2022- Global Brands
  • Best Forex Broker India 2022- World Finance
  • Best Mobile Trading Platform 2022- FXDailyInfo
  • Best In Class For Social Copy Trading 2022- Forexbrokers.com
  • Best Trading Conditions Asia 2021- World Business Outlook
Bonus
Up to 50% deposit bonus Point-based loyalty system
Instruments
Forex, CFDs, indices, 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
SVGFSA, CySEC 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
Yes No
eSignal
No No
Trading Central
No Yes
STP Account
No No
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
No 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
Yes (iOS & Android) iOS & Android
Auto Trading
Yes Yes
Copy Trading
Yes Yes
Copy Trading Platform
Copy trading in OctaFX is offered through a proprietary platform and mobile app, as well as integration via the MetaTrader suites. Users can easily diversify portfolios by copying the most profitable traders. Track professionals and their performance for live for smart investing, control your portfolio and view how your funds are invested and manage risks in real time. Copy trading through HUBx, a service designed to help investors automatically mirror the positions of successful traders.
Social Trading
Yes No
Trade Signals
Yes (EAs) 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
Inactivity Fee
0
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
Stock Exchanges
Commodities
CFD Trading
Trade CFDs on the financial markets with floating spreads and flexible leverage. TMGM offers a massive range of CFD instruments, encompassing more than 12,000 global equities, indices, currency pairs and commodities
Leverage
1:500 (Global), 1:30 (EU) 1:500
FTSE Spread
1.8 4.0
GBPUSD Spread<
1.1 1.4
Oil Spread
0.7 0.0
Stocks Spread
Variable Variable
Forex Trading
OctaFX offers leveraged trading on currencies with floating spreads from 0.6 pips. TMGM supports forex trading on all three of its platforms with competitive spreads and VPS hosting services
Forex App

OctaFX offers a user-friendly trading platform that can be used to take positions on major and minor currency pairs. Copy trading is also available via the broker’s in-house mobile application.

GBPUSD Spread
1.1 1.4
EURUSD Spread
0.7 0.3
EURGBP Spread
2.1 0.2
Assets
35 50+
Cryptocurrency
Trade 30+ popular digital currencies paired with the USD. TMGM supports crypto CFD trading, pegging each token against the USD. Up to 1:20 leverage
Spread
Variable Variable
Coins
  • BTC
  • LTC
  • ETH
  • ZEC
  • SOL
  • ADA
  • DOT
  • ATOM
  • LINK
  • AVAX
  • BTB
  • MANA
  • MATIC
  • NEAR
  • IOTA
  • DOGE
  • DASH
  • ALGO
  • AAVE
  • 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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