TMGM Vs. eToro - Compare and Choose the Right One


Visit 74-89% of retail CFD accounts lose money./	Visit 68% of retail CFD accounts lose money.
Overview
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.	eToro is an international broker specialised in social and copy trading that offers real stocks and cryptocurrencies along with CFDs on several asset classes.
Best For
Swing traders who can use high leverage Stock traders who do not have access or funds to trade with specialised brokers	New traders looking to use the copy trading feature Experienced traders looking to monetise their skills by gaining followers Passive investors looking to buy and hold shares with no commissions
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 2 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FMA (New Zealand) VFSC (Vanuatu)	CySec (Cyprus) FCA (UK) ASIC (Australia) FSAS (Seychelles)
The Good
High and flexible leverage No deposit or withdrawal fees Supports Expert Advisors (EAs), hedging and news trading	Social and Copy trading capabilities Trading real shares and cryptocurrencies
The Bad
Only has financial derivatives (CFDs) Inactivity fee is tied to minimum account balance	Copy Trading statistics are not clear enough Lack of advanced order placement controls
Status
Operational	Operational
Recent News
N/A	N/A
Key Data
⌛ Account Opening Time
1 Day	1 day minimum (may take longer)
📋 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
2013	2007
💳 Minimum Deposit
$, -100	From $5 to $200
💰 Payment Methods
Bank Transfer Credit cards Debit cards FasaPay Neteller RMB Instant Revolut Paytrust Skrill Sticpay UnionPay Wise	Visa Mastercard Bank Transfer Sofort Neteller Paypal Skrill
💵 Account Base Currencies
6 - EUR, USD, GBP, AUD, NZD, CAD	1 - USD
🗽 Available to U.S Citizens
No	Only for crypto Trading
❌ Restricted Countries
US.	AF, AL, BS, BB, BY, BA, BW, BN, BI, KH, CA, TD, CD, CG, ET, FJ, GH, GN, GW, GY, IR, IQ, JM, JP, LA, LY, ML, MU, MN, ME, MM, NA, NI, KP, MK, PK, PW, WS, RS, SO, LK, SD, SY, TT, TN, TR, UG, VU, YE, ZM
📊 STP Account
Yes	Yes
📊 DMA Account
Yes	No
📊 ECN Account
Yes	Yes
Assets
📚 Available Assets
CFDs on stocks, currencies, commodities and indices.	Real stocks and ETFs CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies and indices
📙 Stocks
12,000+	2,000+ Real Stocks / 2,000+ CFDs
📘 Currency Pairs
55	47
📗 Commodities
6	14
📕 Indices
15	13
📔 ETFs
N/A	145
💸 Cryptocurrencies
12	26
📒 Bonds
N/A	N/A
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
All of TMGM's assets are CFDs	Real stocks are offered without leverage, all the rest of the assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
1 Share	$50
📉 Minimum ETFs Trade Size
N/A	$50
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC)	$25
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$1,000
📈 Minimum Commodities Trade Size
Varies per Commodity (0.01 lots for gold, 1 lot for Crude Oil)	$1,000
📉 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 1:500	Up to 1:30
💪 Professional Leverage
Up to 1:500	Varies
✍ Customisable Leverage
Yes	No
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	No
📺 MetaTrader 5
Yes	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 Proprietary Platform
No	Yes
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
$30 fee if there is no activity for 6 months or if the account balance falls below $500.	After 12 months of inactivity, a $10 monthly inactivity fee will be charged.
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No	$5
💰 Commissions
Yes, from $3.5 per lot round turn	No
Spreads
📈 EUR/USD
Dynamic - From 0 pips	Dynamic - From 1 Pip
📉 SP500
Dynamic - From 30 Pips	Dynamic - From 75 Pips
📈 GOLD
Dynamic - From 11 pips	Dynamic - From 45 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.48	Dynamic - From 0.09%
📈 XLK (ETF - CFD)
N/A	Dynamic - From 0.09%
📉 BTC
Dynamic - From $32	Dynamic - From 0.75%
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	No