TMGM Vs. Trading 212 - Compare Trustworthiness, Capabilities, Fees and Legitimacy


Visit 74-89% of retail CFD accounts lose money.	Visit Majority 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.	Trading 212 is a global broker headquartered in the U.K specialising in real stocks and ETFs investing along with CFD trading.
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 to buy stocks or ETFs with their investing account Traders of all levels of experience looking to trade CFDs on shares
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 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FMA (New Zealand) VFSC (Vanuatu)	FCA (UK) CySec (Cyprus) FSC (Bulgaria)
The Good
High and flexible leverage No deposit or withdrawal fees Supports Expert Advisors (EAs), hedging and news trading	Broad asset offering in their investing account (more than 10,000 assets) Friendly, smooth and simple proprietary platforms (both web and mobile) Great spreads on stocks and no commissions on investing accounts
The Bad
Only has financial derivatives (CFDs) Inactivity fee is tied to minimum account balance	Despite both platforms being beautiful, they are gamified for engagement. Clicking on the buy button on mobile platform will trigger a random order without asking for confirmation Asides from stocks, their asset offering lacks variety Very high forex spreads (1.4 Pips on EUR/USD)
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
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	2004
💳 Minimum Deposit Range
$100	From $1 to $10
💰 Payment Methods
Bank Transfer Credit cards Debit cards FasaPay Neteller RMB Instant Revolut Paytrust Skrill Sticpay UnionPay Wise	Visa Mastercard Bank Transfer Paypal Neteller Skrill iDeal Apple Pay
💵 Account Base Currencies
6 - EUR, USD, GBP, AUD, NZD, CAD.	9 - USD, EUR, GBP, RON, PLN, CHF, SEK, NOK, CZK.
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US.	US, CA.
📊 STP Account
Yes	No
📊 DMA Account
Yes	Yes
📊 ECN Account
Yes	No
Banking License
No	No
Debit Card
No	No
Assets
📚 Assets Type
CFDs	Hybrid
Total Asset Offering
12,091	13,615
Exchange Access
0	0
📙 Real Stocks
0	10,000
📙 Stock CFDs
12,000	1,526
📘 Currency Pairs
0	0
📘 Currency Pair CFDs
55	179
📗 Commodities
0	0
📗 Commodities CFDs
6	25
📕 Indices
0	0
📕 Indices CFDs
15	35
📔 ETFs
0	1,800
📔 ETFs CFDs
0	50
💸 Cryptocurrencies
0	0
💸 Cryptocurrency CFDs
15	0
📒 Bonds
0	0
📒 Bonds CFDs
0	0
📓 Options
0	0
📓 Options CFDs
0	0
📗 Futures
0	0
📗 Futures CFDs
0	0
Trading Experience
📈 Minimum Stock Trade Size
1 Share	Variable - Fractions Allowed
📉 Minimum ETFs Trade Size
Unavailable	Variable - Fractions Allowed
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC)	Unavailable
📉 Minimum FX Trade Size
$1,000 (0.01 Lots)	$500 (0.005 Lots)
📈 Minimum Commodities Trade Size
Varies per Commodity (0.01 lots for gold, 1 lot for Crude Oil)	Varies by Commodity (Eg: 0.01 Troy ounce of Gold)
📉 Minimum Bonds Trade Size
Unavailable	Unavailable
📈 Minimum Futures Trade Size
Unavailable	Unavailable
📉 Minimum Options Trade Size
Unavailable	Unavailable
💪 Retail Leverage
500	30
💪 Professional Leverage
Unavailable	500
✍ 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
📺 cTrader
No	No
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	No
💻 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	Yes
Fees
💰 Inactivity Fee
$30 fee if there is no activity for 6 months or if the account balance falls below $500.	None
💰 Deposit Fees
None	None
💰 Withdrawal Fees
None	None
💰 Commissions
Yes, from $3.5 per lot round turn	None
Spreads
📈 EUR/USD
Dynamic - From 0 pips	Dynamic - From 1.4 Pips
📉 SP500
Dynamic - From 30 Pips	Dynamic - From 166 Pips
📈 GOLD
Dynamic - From 11 pips	Dynamic - From 30 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.48	Dynamic - From $0.6
📈 XLK (ETF - CFD)
Unavailable	Unavailable
📉 BTC
Dynamic - From $32	Unavailable
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	No
📡 Reuters Feed
No	No
📡 Educational Content
No	Yes
📡 Live Chat Support
No	No
📡 Video Tutorials
No	Yes
📡 Account Management
No	No
📡 Webinars
No	No