Compare TMGM Vs MTrading: Which is the Better Forex Broker in 2024?
TMGM Vs MTrading, which one is better? Both brokers are often compared to each other to find which one comes out to be the better one. What many traders may not comprehend is that the best choice may differ for every one of them, and there's nothing wrong with it. To make it easier for you to decide which one is the best between TMGM Vs MTrading, here is the direct comparison:
Feature | TMGM | MTrading |
General Rating |
2.42/5 |
1.00/5 |
|
Score | 66 | 51 | |
Trustpilot |
4.3/5 718 users |
4.1/5 122 users |
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💼 Regulation | |||
❗Info | |||
⌛ Established | 2013 | 2001 | |
💲 Min Deposit | $100 | $10 | |
⚖ Max Leverage | 1:500 | 1:1000 | |
🔢 Spread | Fixed | Fixed | |
💸 Commissions | $3.50 | $4 | |
💡 Min Position | 0.01 lot | 0.01 lot |
💳 Payment | Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, AliPay, FasaPay and Tether (USDT) | Skrill, Wire transfer, Credit/debit cards, Neteller, Local bank transfer, Crypto, Tether (USDT), Fasapay and Perfect Money | |
🏢 Office(s) |
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🧩 Demo Account | |||
📁 Segregated Account | |||
🕋 Islamic Account | |||
👨💻 PAMM Account | |||
📈 Managed Account | |||
LAMM Account | |||
MAM Account |
💱 Hedging | |||
🇺🇸 US traders | |||
📫 Requires sending documents via postal mail | |||
🕛 Swaps | |||
☎️ Trading by telephone |
🏆 Trading contests | |||
⚡ Automated trading | |||
💰 Bonus offers | |||
📖 Free education | |||
👔 Affiliate program |
1️⃣ One-click trading | |||
⏱ Trailing stop | |||
⏳ Pending orders |
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🗣 Website Languages | English, Spanish, French, Indonesian, Italian, Portuguese, Thai, Vietnamese, Chinese, Korean, Malay | English, Spanish, Indonesian, Malay, Portuguese, Romanian, Russian, Thai, Vietnamese, Chinese |
🚪 Trade Now | Open TMGM | Open MTrading |
Testimonials
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TMGM: Highly recommended
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TMGM: Need VPS info
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TMGM: Furious!
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TMGM: Not bad, my oders are properly executed
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TMGM: Best trading experience
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See More TMGM Testimonials
News
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TMGM to Bring the Jay Chou Carnival World Tour 2023 to Bangkok
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TMGM Signs Partnership with Chelsea
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TMGM Sponsors VFSC Symposium on Virtual Assets
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Celebrating a Decade, TMGM Delivers Solid Trading Security
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Bridging Financial Markets and Crypto, TMGM to be Part of Crossover Markets
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TMGM Sucessfully Concluded Info Finance Vietnam Event
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TMGM Offers Two Free Blackpink Concert Tickets
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TMGM to Change Payment Schedule During Australia Day
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TMGM Wins Award as the Best Trading Service in Asia
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Boost the Trading Spirit with New Phones from TMGM
Articles
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How to Deposit and Withdraw from MTrading
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How to Get a Free $30 Welcome Bonus from MTrading
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How to Open Account in MTrading
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Start Your Trade with 200% Deposit Bonus by MTrading
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Earn Extra Rewards Up to 10% of Your Net Deposit with MTrading
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The Ultimate Trading Competition 2023: Win $194,500 from TMGM
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Forex Brokers in 2022: How TMGM Performed
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What Is IRESS Platform in TMGM?
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Trade Now and Get Rewards from TMGM Loyalty Program
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TMGM Deposits and Withdrawals: Easy Steps for Beginners
Bonus
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- Comparison List
Which one has the better spread?
Considering that spread is a trading cost, the lower the spread, the better it is for traders. However, spread information among brokers is not easy to get, as not every broker transparently publishes their spreads data.
However, traders can still choose their ideal brokers by the type of their spreads. The most two popular types of spread are fixed and variable. The pros and cons between the two spreads can vary for every trader. In this case, TMGM provides their pricing with Fixed spread while MTrading offers Fixed spread.
TMGM vs MTrading: Who hosts the best trading platform?
The trading platform is essential as you can't execute a trade without it. Additionally, trading platforms provide price charts and an assortment of analytical tools to help traders with their strategies.
To support their clients, TMGM enables trading with MetaTrader 4, MetaTrader 5, Social trading. The offer is supported with One-click trading, Trailing stop, Pending orders. In comparison, MTrading provides trading with MetaTrader 4 with the support of One-click trading, Trailing stop, Pending orders.
Is TMGM or MTrading better in providing the trading instruments?
It is widely known that forex brokers offer other trading instruments other than currency pairs. The offer gives interesting choices for traders to explore other markets that may be proven beneficial for them and to diversify their trading portfolios.
In this case, TMGM supports trading with Forex, Gold & silver, Stocks, Indexes, Crypto, while MTrading presents the ability of trading with Forex, CFD, Crypto, Commodities, Indices, Stock, Index, Gold, Oil.
In conclusion, deciding the better broker eventually comes down to your consideration. If you are an active trader, it is better to choose a broker with a variable spread that is generally lower than the fixed one. For the trading platform, MetaTrader 4 is the standard choice for every trader. But if you want to have a different experience with a more advanced platform, choose the broker that provides alternative platforms. The same goes for trading instruments; if you want to try delving into different markets, seek for a broker with more options on trading instruments.
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