Trade.com vs TMGM

Trade.com vs TMGM Comparison Table 2023
Trade.com TMGM
3.7
3.4
United States Flag Traders from US not accepted
United States Flag Traders from US not accepted

Trade.com is a trustworthy online broker with a global presence. The broker offers 2,100+ CFDs in major markets, as well as futures, options and more. The broker offers best-in-class platforms and superior analysis tools for experienced traders. The broker is also regulated by top-tier authorities including the FCA and CySEC.

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.

78.60% of retail CFD accounts lose money.
Bonus Offer
Point-based loyalty system
Comment by Reviewer
"Trade.com is a top pick for experienced investors looking for diverse markets, including IPOs and bonds with competitive DMA pricing." "TMGM is a great all-round choice thanks to its huge range of assets, diverse account types and platform choices, plus competitive pricing."
Pros
  • Low starting deposit
  • Free demo account for new traders
  • DMA investing with low trading fees
  • Full range of investments including CFDs and spread betting
  • Advanced trading platform with a suite of analysis tools and order types
  • Support for the market-leading MetaTrader 4 platform and mobile apps
  • Huge range of assets including 10,000 global stocks
  • Well-regulated and reputable brand with a solid client base
  • Excellent platform support with MetaTrader 4, MetaTrader 5 and IRESS
  • Low trading fees with spreads from 1 pip on the classic account and from zero with $7 round-turn commissions on the raw spread account
  • Good range of rewards and bonuses offered through a points-based loyalty system
  • Accommodates new and time-poor traders with copy trading support from HUBx
  • Free VPS for automated trading
Cons
  • No bonuses for EU residents
  • Copy trading withdrawn
  • Shares are only available on the IRESS account, and not tradeable via MT4 and MT5
  • $30 fee levied monthly on accounts which are inactive for 6 months or have a balance below $500
Instruments
Forex, CFDs, Indices, Shares, Commodities, ETFs, Bonds, Cryptos, Warrants, IPOs, Futures, Mutual Funds, Fixed Income, Options CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Trading Platforms
  • MT4
  • MT5
  • TradingView
  • TradingCentral
  • MT4
  • MT5
  • TradingView
  • TradingCentral
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
FCA, CySEC, FSC, FSCA, FINRA ASIC, FMA, VFSC
Margin Trading
Yes Yes
STP Account
No No
ECN Account
No Yes
DMA Account
Yes Yes
MAM Account
Yes 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
iOS & Android iOS & Android
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
No 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.
Social Trading
No No
Trade Signals
Yes (MT4 & MT5) MT4 Expert Advisors (EAs)
VPS Hosting
Yes Yes
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
Yes No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$25
Islamic Account
No Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
Stock Exchanges
Commodities
CFD Trading
Access over 2,000 CFDs across diverse markets including indices, commodities and bonds. There is also premium daily analysis and strategy resources for savvy traders. 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.
Leverage
1:30 (EU), 1:300 (Global) 1:500
FTSE Spread
1.4 4.0
GBPUSD Spread
0.8 1.4
Oil Spread
2.0 0.0
Stocks Spread
Variable Variable
Forex Trading
As well as a competitive selection of 55+ forex pairs, traders can access high leverage up to 1:300. You can also enjoy advanced analysis from Trading Central with easy integration into MetaTrader 4. 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.
GBPUSD Spread
0.8 1.4
EURUSD Spread
0.8 0.3
EURGBP Spread
1.6 0.2
Assets
55+ 50+
Cryptocurrency
Over 10 of the most popular cryptos are available with leverage of 1:2. With just a $100 minimum deposit, traders can benefit from advanced crypto analysis tools. 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.
Spread
Raw spread + 0.5% commission Variable
Coins
  • BTC
  • BCH
  • DSH
  • ETH
  • LTC
  • XRP
  • DOT
  • EOS
  • LINK
  • XLM
  • 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
78.60% of retail CFD accounts lose money.
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