Compare TMGM Vs InstaForex: Which is the Better Forex Broker in 2024?
TMGM Vs InstaForex, 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 InstaForex, here is the direct comparison:
Compare | TMGM | InstaForex |
General Rating |
2.42/5 |
2.24/5 |
Score | ||
Trustpilot |
4.3/5 717 users |
2.8/5 330 users |
πΌ Regulation | ||
β Info | ||
β Established | 2013 | 2007 |
π² Min Deposit | $100 | $1 |
β Max Leverage | 1:500 | 1:1000 |
π’ Spread | Fixed | Fixed |
πΈ Commissions | $3.50 | $30 |
π‘ Min Position | 0.01 lot | 0.0001 lot |
π³ Payment | Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, AliPay, FasaPay and Tether (USDT) | Skrill, Wire transfer, Credit/debit cards, Neteller, UnionPay, AliPay, SOFORT, Crypto, Litecoin, Dash, Crypto Cash, AdvCash, Ripple, Tether (USDT), Dogecoin, NEO, AstroPay and EOS.IO |
π’ Office(s) |
𧩠Demo Account | ||
π Segregated Account | ||
π Islamic Account | ||
π¨βπ» PAMM Account | ||
π Managed Account |
π± Hedging | ||
πΊπΈ US traders | ||
π Swaps |
π Trading contests | ||
β‘ Automated trading | ||
π° Bonus offers | ||
π Free education |
1οΈβ£ One-click trading | ||
β± Trailing stop | ||
β³ Pending orders |
Forex | ||
CFD | ||
Indexes | ||
Spread Betting | ||
Gold & Silver | ||
Crypto | ||
Stocks | ||
Oil | ||
Metals | ||
Energies | ||
Futures | ||
ETF | ||
Options | ||
Agriculture | ||
Commodities | ||
Stock | ||
Indices | ||
Etf | ||
Bonds | ||
Binary Options | ||
ETFs | ||
Corporate Stocks | ||
Shares | ||
Silver | ||
Index | ||
Stocks 1:5 | ||
Physical Stock |
π£ Website Languages | English, Spanish, French, Indonesian, Italian, Portuguese, Thai, Vietnamese, Chinese, Korean, Malay | Arabic, Azerbaijani, Bulgarian, Czech, German, English, Spanish, Indonesian, Italian, Japanese, Georgian, Lithuanian, Latvian/Lettish, Malay, Dutch, Polish, Portuguese, Russian, Slovak, Turkish, Ukrai |
πͺ Trade Now | Open TMGM | Open InstaForex |
Compare Again
Testimonials
-
TMGM: Highly recommended
-
TMGM: Need VPS info
-
TMGM: Furious!
-
TMGM: Not bad, my oders are properly executed
-
TMGM: Best trading experience
-
InstaForex: Hi, I have been trading with InstaForex since last Christmas....
-
InstaForex: I noticed that InstaForex also accept cash deposit as well...
-
InstaForex: I have experienced smooth trading experiments with this broker. Although...
-
InstaForex: I just start trading with this broker and so far...
-
InstaForex: InstaForex is one of few brokers that actually keep their...
-
See More TMGM Testimonials
-
See More InstaForex Testimonials
News
-
Forex Broker InstaForex Awarded the Best Forex Broker in LatAm
-
Unlock Your Fortune: InstaForex Presents the Grand Choice Contest
-
Join InstaForex Trade Wise Campaign, Win Apple
-
InstaForex Begins Weekly FX-1 Rally Contest for Clients
-
TMGM to Bring the Jay Chou Carnival World Tour 2023 to Bangkok
-
Get Honda CV-R for Indonesian Traders from InstaForex
-
TMGM Signs Partnership with Chelsea
-
TMGM Sponsors VFSC Symposium on Virtual Assets
-
Celebrating a Decade, TMGM Delivers Solid Trading Security
-
See More Related TMGM News
-
See More Related InstaForex News
Article
-
How to Deposit and Withdraw in InstaForex
-
InstaForex App Review: Trade Forex Like a Pro on Your Phone
-
How to Verify Your InstaForex Account
-
How to Open Account in InstaForex
-
InstaForex Chancy Deposit: Boost Your Deposit Every Month
-
InstaForex 100% Bonus Agreement: Get Up to $2,000
-
Increase Your Profit Chance with InstaForex 30% Bonus
-
The Ultimate Trading Competition 2023: Win $194,500 from TMGM
-
InstaForex Analytics to Improve Your Trading Performance
-
See More Related TMGM Article
-
See More Related InstaForex Article
More Comparisons
- Exness vs FBS
- IC Markets vs Octa
- RoboForex vs XM
- HF Markets vs Pepperstone
- Admirals vs AvaTrade
- ThinkMarkets vs LiteFinance
- eToro vs FXOpen
- InstaForex vs FP Markets
- FXTM vs Markets4you
- FirewoodFX vs Vantage Markets
- FIBOGroup vs BDSwiss
- JustMarkets vs Tickmill
- FxPro vs MTrading
- Grand Capital vs
- More Comparisson
- 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 InstaForex offers Fixed spread.
TMGM vs InstaForex: 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, InstaForex provides trading with MetaTrader 4, MetaTrader 5, Web, Social trading with the support of One-click trading, Trailing stop, Pending orders.
Is TMGM or InstaForex 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 InstaForex presents the ability of trading with Forex, Gold & silver, CFD, Binary options, Crypto, Oil, Indices, Stock, Commodities.
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.
Looking for more references? Here are other comparisons related to TMGM and InstaForex:
- Compare TMGM vs RoboForex
- Compare TMGM vs Dukascopy
- Compare TMGM vs Exness
- Compare InstaForex vs Fxview
- Compare InstaForex vs XM
- Compare InstaForex vs Admirals
For more comparisons, visit this page.