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

Vs.

Markets.com
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70% of retail CFD accounts lose money.

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

Updated May 13 2022

Visit

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

Visit

70% 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.

Markets.com is an international broker that offers share dealing and CFD trading accounts through their own proprietary platform or MT4 and MT5.

Best For
  • Swing traders who can use high leverage
  • Stock traders who do not have access or funds to trade with specialised brokers
  • Passive investors looking for share dealing services with the intent to hold shares over long perios of time
  • High volume CFD traders looking for exposure to several markets using their platform, MT4 or MT5
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)
  • FSCA (South Africa)
The Good
  • High and flexible leverage
  • No deposit or withdrawal fees
  • Supports Expert Advisors (EAs), hedging and news trading
  • Clear separation between investors and Traders by offering share dealing accounts and CFD trading accounts
  • Wide range of platforms (Proprietary, MT4, MT5)
  • Wide range of stocks and stock CFDs
The Bad
  • Only has financial derivatives (CFDs)
  • Inactivity fee is tied to minimum account balance
  • Minimum trade sizes larger than average
  • Spreads above average
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
2013 2008
💳 Minimum Deposit
$, -100 $, €, £ - 100
💰 Payment Methods
  • Bank Transfer
  • Credit cards
  • Debit cards
  • FasaPay
  • Neteller
  • RMB Instant
  • Revolut
  • Paytrust
  • Skrill
  • Sticpay
  • UnionPay
  • Wise
  • Visa
  • Mastercard
  • Bank Transfer
  • Neteller
  • Paypal
  • Skrill
💵 Account Base Currencies
6 - EUR, USD, GBP, AUD, NZD, CAD 11 - USD, EUR, GBP, PLN, SEK, DKK, NOK, ZAR, CZK, CHF, AUD.
🗽 Available to U.S Citizens
No No
❌ Restricted Countries
US. US, JP, CA, BE.
📊 STP Account
Yes No
📊 DMA Account
Yes No
📊 ECN Account
Yes No
Assets
📚 Available Assets

CFDs on stocks, currencies, commodities and indices.

  • Real stocks and ETFs
  • CFDs on stocks, ETFs, currencies, commodities, cryptocurrencies, indices and bonds
📙 Stocks
12,000+ 2,008 CFDs / 7,008 Real Stocks
📘 Currency Pairs
55 67
📗 Commodities
6 28
📕 Indices
15 40
📔 ETFs
N/A 66
💸 Cryptocurrencies
12 25
📒 Bonds
N/A 4
📓 Options
N/A NA
📗 Futures
N/A NA
📝 Notes:

All of TMGM's assets are CFDs

Markets.com also offers share dealing account with real stocks from 16 exchanges worldwide.

Trading Experience
📈 Minimum Stock Trade Size
1 Share 1 Stock
📉 Minimum ETFs Trade Size
N/A 1 ETF
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC) Varies by Crypto (Eg: 0.01 BTC)
📉 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) Varies by Commoditty (Eg: 1 Gold Contract)
📉 Minimum Bonds Trade Size
N/A Varies by Bond (Eg: 10 GER10Y Bond contracts)
📈 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 Up to 1:300
✍ Customisable Leverage
Yes No
🎲 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 Yes
💻 Proprietary Platform
No Yes
📊 Multi-chart Tools
Yes Yes
👬 Copy Trading
No No
👫 Social Trading
No No
🔑 Guaranteed Stop-loss
No No
🔨 Trailing Stop-loss
Yes No
Fees
💰 Inactivity Fee

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

Yes, $10 each month after 3 months of inactivity
💰 Deposit Fees
No No
💰 Withdrawal Fees
No No
💰 Commissions

Yes, from $3.5 per lot round turn

No comissions on CFDs. For share dealing, the first 3 months are commission free, then the structure is:
  • EU Shares = 0.1% (min €10)
  • UK Shares = 0.1% (min £8)
  • US Shares = 2c (min $15)
  • AU Shares = 0.1% (min A$10)
Spreads
📈 EUR/USD
Dynamic - From 0 pips Dynamic - From 0.7 Pips
📉 SP500
Dynamic - From 30 Pips Dynamic - From 100 Pips
📈 GOLD
Dynamic - From 11 pips Dynamic - From 50 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.48 Dynamic - From $1.81
📈 XLK (ETF - CFD)
N/A Dynamic - From $0.31
📉 BTC
Dynamic - From $32 Dynamic - From $104.10
Research and Analysis
⭐ Watchlists
Yes Yes
🔭 Stock Screener
Yes No, but Investment Strategy Builder is offered
🗓 Economic Calendar
Yes Yes
📜 Integrated Newsfeed
Yes No
📡 Reuters Feed
No No

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