XTB vs TMGM
XTB | TMGM |
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4.8
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3.4
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XTB is one of the largest stock exchange-listed forex and CFD brokers in the world, offering access to over 5800 day trading markets on their xStation platform. They boast 700,000 active traders, 20 years experience and authorization from tier-one regulators, including the UK's FCA. |
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. |
81% of retail accounts lose money. | |
Bonus Offer | |
Point-based loyalty system | |
Promotions | |
Comment by Reviewer | |
"XTB is a great option for beginners with a user-friendly platform, no minimum deposit and low short-term trading fees. The free education center is also a bonus, as well as the straightforward account opening process." | "TMGM is a great all-round choice thanks to its huge range of assets, diverse account types and platform choices, plus competitive pricing." |
Pros | |
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Cons | |
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Awards | |
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Instruments | |
CFDs, Forex, Stocks, Indices, Commodities, Crypto | CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$0 | $100 |
Trading Platforms | |
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Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
FCA, CySEC, IFSC, KNF, DFSA | ASIC, FMA, VFSC |
Margin Trading | |
Yes | Yes |
Margin Rate | |
4.5% | |
STP Account | |
Yes | 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 | |
No | No |
P2P Trading | |
No | No |
Spot Trading | |
Yes | Yes |
Mobile Apps | |
iOS & Android | iOS & Android |
Auto Trading | |
Open API | 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 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 | |
Yes | No |
Inactivity Fee | |
$0 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Stock Exchanges | |
Commodities | |
CFD Trading | |
Trade a large suite of 2100 CFDs with ultra-fast execution speeds and 24-hour trading. You can build a diverse portfolio with access to forex, indices, commodities, cryptos, stocks and ETFs. Retail traders also get negative balance protection and zero commissions. | 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 | |
1:500 | 1:500 |
FTSE Spread | |
0.08% | 4.0 |
GBPUSD Spread | |
0.1 | 1.4 |
Oil Spread | |
0.03 | 0.0 |
Stocks Spread | |
0.2% | Variable |
Forex Trading | |
Trade 48 currency pairs with low spreads from 0.1 pips and leverage up to 1:30 (EU) and 1:500 (Global). Micro lot trading is also available and new currency traders can make near-instant deposits with no fees. | 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. |
Forex App | |
With over 1 million downloads and a rating of 4.5*, XTB deliver a mobile trading platform that users love. Slick and reliable, the app boasts a range of extra features including advanced charts and market sentiment indicators. Download xStation by XTB here. |
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GBPUSD Spread | |
0.1 | 1.4 |
EURUSD Spread | |
0.2 | 0.3 |
EURGBP Spread | |
0.1 | 0.2 |
Assets | |
45+ | 50+ |
Cryptocurrency | |
XTB offers an excellent range of crypto markets, all with competitive spreads. They also offer intra-crypto pairs such as ETH/BTC and DSH/BTC. Cryptos can be traded 24/7 in a secure environment with transparent accounts. | 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 | |
From 0.22% | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
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81% of retail accounts lose money. | |
More Comparisons | |
XTB vs |
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