Switch Markets vs TMGM

Switch Markets vs TMGM Comparison Table 2022
Switch Markets TMGM
WINNER
TMGM is the better broker
Not Yet Rated
United States Flag Traders from US not accepted
3.4
United States Flag Traders from US not accepted
Switch Markets offers leveraged trading on forex, commodities, indices and cryptocurrencies. TMGM is a competitive forex and CFD broker with a wide range of instruments, features and tools provided at low-cost.
Bonus
100% Deposit Bonus Point-based loyalty system
Instruments
Stocks, CFD, Forex, Crypto CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Minimum Trade
$1 0.01 lots
Regulator
ASIC 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
No Yes
STP Account
No No
ECN Account
No 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
Yes No
P2P Trading
No No
Spot Trading
Yes Yes
Mobile Apps
iOS & Android iOS & Android
Auto Trading
Yes - Equinix Yes
Copy Trading
Yes Yes
Copy Trading Platform
Switch Markets offers copy trading services with low fees via the MetaTrader 4 terminal. Copy trading through HUBx, a service designed to help investors automatically mirror the positions of successful traders.
Social Trading
Yes No
Trade Signals
MT4 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
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
  • CHF
  • SGD
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
Stock Exchanges
Commodities
CFD Trading
Switch Markets offers CFDs on stocks, indices and commodities. TMGM offers a massive range of CFD instruments, encompassing more than 12,000 global equities, indices, currency pairs and commodities
Leverage
1:500 1:500
FTSE Spread
1.2 4.0
GBPUSD Spread<
0.5 1.4
Oil Spread
2.0 0.0
Stocks Spread
Variable Variable
Forex Trading
Switch Markets offer 60+ currency pairs, including majors, minors and exotics. TMGM supports forex trading on all three of its platforms with competitive spreads and VPS hosting services
GBPUSD Spread
0.5 1.4
EURUSD Spread
0.1 0.3
EURGBP Spread
0.6 0.2
Assets
60+ 50+
Cryptocurrency
Switch Markets offers four cryptocurrencies with competitive fees. TMGM supports crypto CFD trading, pegging each token against the USD. Up to 1:20 leverage
Spread
Variable Variable
Coins
  • BTC
  • ETH
  • LTC
  • XRP
  • 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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