Admiral Markets
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81% of retail CFD accounts lose money.

Vs.

TMGM
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74-89% of retail CFD accounts lose money./

Admiral Markets Vs. TMGM - Compare and Choose the Right One

Updated May 26 2022

Visit

81% of retail CFD accounts lose money.

Visit

74-89% of retail CFD accounts lose money./

Overview

Admiral Markets (now Admirals) is a global broker headquartered in Estonia with a comprehensive asset offering (5000+) in CFDs and real stocks or ETFs along with MetaTrader 4 & 5.

TMGM is an Australian broker specialised in financial derivatives known as contract-for-differences (CFDs). Operating since 2013, TMGM provides trading in forex, stocks, indices, cryptocurrencies and commodities.

Best For
  • Beginners looking to get started investing in stocks or ETFs
  • Intermediate and advanced traders looking to trade CFDs
  • Professional traders and asset managers 
  • Swing traders who can use high leverage
  • Stock traders who do not have access or funds to trade with specialised brokers
Licenses

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

2

Other Licenses

2

Provided by
TheTradingBible.com

Learn More

Financial
Licenses

Regulation

Regulated

Top-tier Licenses

1

Other Licenses

2

Provided by
TheTradingBible.com

Learn More
🏛 Financial Regulators
  • ASIC (Australia)
  • CySec (Cyprus)
  • FCA (United Kingdom)
  • JSC (Jordan)
  • ASIC (Australia)
  • FMA (New Zealand)
  • VFSC (Vanuatu)
The Good
  • Broad offering of 5000+ assets including CFDs, real stocks and ETFs
  • MetaTrader 4 & 5 along their propietary trading app
  • Tools for professionals and asset managers
  • High and flexible leverage
  • No deposit or withdrawal fees
  • Supports Expert Advisors (EAs), hedging and news trading
The Bad
  • Costly spreads in some of their assets when compared to similar competitors
  • No propietary web trading platform 
  • Only has financial derivatives (CFDs)
  • Inactivity fee is tied to minimum account balance
Status
Operational Operational
Recent News
N/A N/A
Key Data
⌛ Account Opening Time
1 Day 1 Day
📋 Documents Required
  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

  • Valid identity document (Passport, ID Card, etc)
  • Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

📍 Year Founded
2001 2013
💳 Minimum Deposit
€, £, $ - 100 $, -100
💰 Payment Methods
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Skrill
  • Bank Transfer
  • Credit cards
  • Debit cards
  • FasaPay
  • Neteller
  • RMB Instant
  • Revolut
  • Paytrust
  • Skrill
  • Sticpay
  • UnionPay
  • Wise
💵 Account Base Currencies
10 -EUR, GBP, USD, CHF, BGN, CZK, HRK, HUF, PLN, RON. 6 - EUR, USD, GBP, AUD, NZD, CAD
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US, CA. US.
📊 STP Account
Yes Yes
📊 DMA Account
Yes Yes
📊 ECN Account
No Yes
Assets
📚 Available Assets
  • Real stocks and ETFs
  • CFDs on stocks, commodities, currencies, cryptocurrencies, indices and ETFs.

CFDs on stocks, currencies, commodities and indices.

📙 Stocks
778 Real Stocks / 3,254 CFDs 12,000+
📘 Currency Pairs
40 55
📗 Commodities
28 6
📕 Indices
43 15
📔 ETFs
372 ETFs CFDs / 192 Real ETFs N/A
💸 Cryptocurrencies
42 12
📒 Bonds
2 N/A
📓 Options
N/A N/A
📗 Futures
N/A N/A
📝 Notes:

Admiral Markets provides the option to trade either CFDs or real stocks and ETFs with their direct market access offering.

All of TMGM's assets are CFDs

Trading Experience
📈 Minimum Stock Trade Size
Varies by share (Fractional share trading) 1 Share
📉 Minimum ETFs Trade Size
N/A N/A
📈 Minimum Crypto Trade Size
Varies by cryptocurrency (Eg: 0.01 BTC) Varies per Cryptocurrency (Eg: 0.01 BTC)
📉 Minimum FX Trade Size
$1000 (0.01 Lots) $1,000 (0.01 lots)
📈 Minimum Commodities Trade Size
Varies by Commodity (Eg: 1 Troy ounce of Gold) Varies per Commodity (0.01 lots for gold, 1 lot for Crude Oil)
📉 Minimum Bonds Trade Size
N/A N/A
📈 Minimum Futures Trade Size
N/A N/A
📉 Minimum Options Trade Size
N/A N/A
💪 Retail Leverage
Up to 1:30 Up to 1:500
💪 Professional Leverage
Up to 1:500 Up to 1:500
✍ Customisable Leverage
No Yes
🎲 Deleveraged Trading
Yes Yes
🎓 Demo Account
Yes Yes
📱 IOS App
Yes Yes
📱 Android App
Yes Yes
📺 MetaTrader 4
Yes Yes
📺 MetaTrader 5
Yes Yes
💻 Web trader
Yes Yes
💻 TradingView Platform
No No
💻 Proprietary Platform
Yes (Only on mobile) No
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
Yes No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
Yes No
🔨 Trailing Stop-loss
No Yes
Fees
💰 Inactivity Fee
$10 monthly after 24 months of inactivity

$30 fee if there is no activity for 6 months or if the account balance falls below $500.

💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

Yes depending on account type (Eg: Zero MT4 or 5 accounts have a $3 per lot round turn commission, ASX shares have a 0.15% fee, etc)

Yes, from $3.5 per lot round turn

Spreads
📈 EUR/USD
From 0.8 Pips Dynamic - From 0 pips
📉 SP500
From 50 Pips Dynamic - From 30 Pips
📈 GOLD
Dynamic - From 20 Pips Dynamic - From 11 pips
📉 TSLA (Stock CFD)
Dynamic - From $1.45 Dynamic - From $0.48
📈 XLK (ETF - CFD)
Dynamic - From 2 Pips N/A
📉 BTC
Variable - From $208 Dynamic - From $32
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
No Yes
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
No Yes
📡 Reuters Feed
No No

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