TMGM vs World Forex
| TMGM | World Forex |
|---|---|
3.4
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4
World Forex is #7 in our binary options broker rankings. |
 Traders from US not accepted
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Traders from US accepted |
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TMGM is an ASIC-regulated forex and CFD broker with a vast range of tradeable assets covering forex, stock, index, crypto and commodity markets. The account types on offer provide a flexible choice between no commission or zero spreads, with competitive pricing all-round. |
World Forex is an offshore broker registered in St Vincent and the Grenadines, offering commission-free trading with a $1 minimum deposit and 1:1000 leverage. Digital contracts are also available, offering beginners a straightforward way to speculate on popular financial markets. |
| Bonus Offer | |
| Point-based loyalty system | 100% Deposit Bonus |
| Promotions | |
| Comment by Reviewer | |
| "TMGM is a great all-round choice thanks to its huge range of assets, diverse account types and platform choices, plus competitive pricing." | "World Forex provides both highly leveraged CFDs and digital contracts, making this a good broker for clients who want flexible and rewarding ways to trade. The copy trading service will also appeal to newer traders." |
| Pros | |
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| Cons | |
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| Instruments | |
| CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex | Forex, CFD Stocks, Metals, Energies, Cryptos, Digital Contracts |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $100 | $1 |
| Trading Platforms | |
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| Payment Methods | |
| Minimum Trade | |
| 0.01 Lots | 0.01 Lots |
| Regulator | |
| ASIC, FMA, VFSC | SVGFSA |
| Margin Trading | |
| Yes | Yes |
| STP Account | |
| No | Yes |
| ECN Account | |
| Yes | Yes |
| DMA Account | |
| Yes | No |
| MAM Account | |
| Yes | No |
| PAMM Account | |
| Yes | No |
| LAMM Account | |
| No | No |
| Demat Account | |
| No | No |
| AI / Machine Learning | |
| No | No |
| Robo Advisor | |
| No | No |
| Negative Balance Protection | |
| Yes | No |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Mobile Apps | |
| iOS & Android | iOS, Android + Web Browser |
| Auto Trading | |
| Yes | Yes |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Copy trading is available through HUBx, a service designed to help investors automatically mirror the positions of successful traders. This is ideal if you want hands-off access to popular financial markets. | Use copy trading signals on MT4 to replicate strategies in your own live account. No additional fees apply and the platform is available via downloadable software plus a web-accessible solution. |
| Social Trading | |
| No | No |
| Trade Signals | |
| MT4 Expert Advisors (EAs) | Yes |
| VPS Hosting | |
| Yes | Yes |
| Tournaments | |
| Yes | Yes |
| Demo Competitions | |
| No | Yes |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| Yes | Yes |
| Account Currencies | |
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| Stock Exchanges | |
| Commodities | |
| CFD Trading | |
| Trade CFDs on a broad range of asset classes including forex, energies, precious metals, company shares, indices and cryptos. The excellent trade execution and opportunity to trade with direct market access pricing sets this broker apart from rivals. | World Forex's leveraged CFDs are available on a modest suite of 100+ instruments, including stocks, commodities and forex. Very high leverage up to 1:1000 is available for account balances up to $1000, with lower levels available to accounts with higher balances. |
| Leverage | |
| 1:500 | 1:1000 |
| FTSE Spread | |
| 4.0 | NA |
| GBPUSD Spread | |
| 1.4 | NA |
| Oil Spread | |
| 0.0 | NA |
| Stocks Spread | |
| Variable | From 0.03 |
| Forex Trading | |
| Trade 50+ forex pairs, including popular major, minor and exotic pairs. This is a decent selection, but traders will have a choice between the attractive MT4, MT5 or IRESS platforms and regulatory cover from ASIC. The VPS will also suit automated forex trading strategis. | World Forex offers CFD and digital contract trading on 53 forex pairs, including EUR/USD and GBP/EUR. High leverage is available for CFDs, which can be accessed with competitive spreads on certain account types. |
| GBPUSD Spread | |
| 1.4 | From 0.6 |
| EURUSD Spread | |
| 0.3 | From 0.6 |
| EURGBP Spread | |
| 0.2 | From 0.6 |
| Assets | |
| 50+ | 53 |
| Cryptocurrency | |
| Trade CFDs on 12 major cryptocurrencies including BTC and ETH in pairs with USD and with leverage up to 1:20. The dozen tokens on offer is very respectable for a CFD broker, though crypto traders looking for emerging tokens will prefer an exchange or dedicated crypto broker. | Traders can access CFDs on crypto assets through World Forex's dedicated W-CRYPTO accounts, which offer leveraged cryptocurrency trading with spreads from zero. We rate that you can trade on 10 cryptos paired with the USD and EUR, while crypto-crypto pairs are also available. |
| Spread | |
| Variable | 0 |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| Binary Options | |
| Binary options trading not offered | World Forex offers binary options where you simply decide the stake, price direction and contract timeframe. The payouts are high at up to 100% on American contracts and 85% on European, which also offers a partial refund to traders who close contracts before expiry. |
| Payout | |
| 100% | |
| Expiry Times | |
| 1 minute - 7 days | |
| Ladder Options | |
| No | No |
| Boundary Options | |
| No | No |
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TMGM vs |
World Forex vs |