Written by ForexBrokers.com
In this head to head comparison of TMGM vs Earn, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Founded in 2013, TMGM is a young player in the online brokerage space, while Earn has been around since 1994, giving it a longer history in the industry. Neither company is publicly traded or operates as a bank, which might influence your decision depending on your preference for public accountability or banking affiliation.
When it comes to regulatory standing, TMGM holds two Tier-1 licenses, ensuring a higher level of trust for its users according to ForexBrokers.com. In contrast, Earn has one Tier-1 license. With a Trust Score of 83, TMGM falls into the trusted category, whereas Earn, with a Trust Score of 71, represents an average risk. Neither broker holds any Tier-2 licenses, further establishing the importance of their Tier-1 credentials in assessing their reliability.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Year Founded | 2013 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
Both TMGM and Earn are online trading platforms that offer competitive rates, but they have different approaches to commissions and fees that might appeal to different traders. TMGM provides two types of accounts: the spread-only Classic account and the commission-based Edge account. If you opt for the Edge account, you benefit from low spreads and a commission of $3.50 per side, totaling $7 per round trip. However, recent average spread data for pairs like EUR/USD is not publicly available, which could make assessing overall trading costs more challenging. On the other hand, Earn also lacks publicly available average spread data, making it difficult to evaluate its trading costs comparatively.
For traders adhering to Islamic finance principles, TMGM offers a Sharia-compliant swap-free account through its Edge account option. No similar offering was mentioned for Earn, which could influence the decision for traders seeking such features. When comparing overall ratings, both TMGM and Earn receive a four-star rating out of five for their commissions and fees.
In terms of ranking, ForexBrokers.com places TMGM at 36th out of 63 brokers in the Commissions and Fees category, whereas Earn is ranked 45th. These rankings indicate that while both brokers offer appealing features regarding commissions and fees, TMGM stands slightly higher in terms of competitive rates, according to the industry's assessment.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing the range of investments offered by online brokers TMGM and Earn, several key differences emerge. TMGM stands out with an impressive 12,000 tradeable symbols, significantly surpassing Earn's 500 symbols. In terms of forex pairs, TMGM offers 62, just edging past Earn's 61 pairs. Both brokers provide the opportunity to trade forex as CFDs or spot contracts and offer copy trading. However, neither broker facilitates the purchase of exchange-traded securities on U.S. or international exchanges, nor do they allow investors to buy actual cryptocurrencies—only cryptocurrency derivatives are available at both firms.
TMGM is highly rated for its range of investments, garnering a 4.5-star rating compared to Earn's 3.5 stars. On ForexBrokers.com’s rankings, TMGM ranks at a commendable 17th place out of 63 brokers for investment options, while Earn trails behind at 45th. This suggests that TMGM provides a more extensive and versatile trading platform, particularly appealing to those seeking a wider array of investment opportunities. These differences may be crucial for traders deciding which platform best suits their diverse trading needs.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12000 | 500 |
| Forex Pairs (Total) | 62 | 61 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing the trading platforms and tools of TMGM and Earn, both brokers provide traders with essential features. They each offer simulated trading options with free virtual demo accounts and have Windows-based desktop and web-based platforms available. While neither broker has a proprietary platform, both support MetaTrader 4 (MT4) and MetaTrader 5 (MT5), with Earn going a step further by also offering ZuluTrade for social trading enthusiasts. Unfortunately, neither broker provides DupliTrade for copy trading purposes.
In terms of charting capabilities, both TMGM and Earn stand on equal ground, offering 15 drawing tools each and the ability to trade directly from stock charts. For personalized tracking, both firms provide watch lists with 7 customizable columns. Despite having similar offerings, customer ratings place TMGM slightly ahead with a 4-star rating in trading platforms and tools, and a rank of #48 out of 63 brokers according to ForexBrokers.com. Earn also scores 4 stars but ranks slightly lower at #51. Both brokers deliver valuable features for traders seeking flexibility and a comprehensive trading experience.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 35 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both TMGM and Earn offer mobile trading apps for iPhone and Android devices, providing a range of features to facilitate online trading. Users can receive price alerts for stocks and forex, and have the capability to draw trendlines on charts. Each platform also supports various time frames on charts, like daily or intraday views, and automatically saves drawing adjustments made by the user. While both offer the creation of real-time watchlists, neither allows the syncing of watchlists between the mobile app and the online account, requiring users to manage their lists separately on each platform.
When it comes to technical studies within their charting tools, TMGM's app provides 30, whereas Earn offers 35. Despite the similarity in feature offerings, differences emerge in rankings and user ratings. TMGM's mobile app garners a score of 4 out of 5 stars but is ranked as number 47 out of 63 brokers on ForexBrokers.com. Meanwhile, Earn also receives a 4-star user rating but stands out with a stronger ranking at number 27. This suggests Earn may offer a slightly more favorable user experience or perception in the market compared to TMGM, despite their close star ratings.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When evaluating TMGM and Earn for their market research offerings, both platforms provide daily market commentary and update traders with forex news from esteemed sources like Bloomberg and Reuters. While neither broker supports tools from Autochartist or offers research from TipRanks, TMGM distinguishes itself by incorporating Trading Central's technical analytics, a benefit Earn lacks. Additionally, TMGM provides a sentiment-based trading tool, enabling traders to gauge market positions, which is not available with Earn.
Both TMGM and Earn feature economic calendars, helping traders keep track of important global news events. TMGM, however, also includes research tools from Acuity Trading, like Signal Centre, enhancing its analytical capabilities. Despite these differences, both brokers receive an identical research rating of 3.5 stars. However, according to ForexBrokers.com, Earn comes ahead in research ranking at #38 out of 63 brokers, compared to TMGM's position at #53.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When evaluating the educational resources available for beginners between TMGM and Earn, neither broker provides a selection of at least 10 educational items focused on forex or CFDs, which could include articles, videos, or webinars. Both brokers also fall short in delivering regular online educational webinars monthly. However, TMGM sets itself apart by offering a searchable archive of previously recorded client webinars, whereas Earn does not provide this feature. Moreover, TMGM includes an investor dictionary with over 50 investing term definitions, a resource not available with Earn.
For those just starting in trading, neither TMGM nor Earn offers the extensive beginner or advanced educational video content that could be beneficial for skill development. Despite these limitations, both brokers receive a mid-range rating of 3.5 stars for their educational offerings. Still, in ForexBrokers.com’s ranking, TMGM comes in at a higher position at #54, compared to Earn's #62 spot, suggesting TMGM provides slightly better educational support overall.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that TMGM is better than Earn. TMGM finished with an overall rank of #37, while Earn finished with an overall rank of #50.
TMGM stands out for its impressive education toolset, though it still trails behind the best brokers in most categories. TMGM offers a small range of markets via the MetaTrader 4 (MT4) platform. While primarily a MetaTrader broker, it also offers the more exclusive IRESS platform – though the platform-specific requirements will limit who can use it.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 71 |
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Both TMGM and Earn do not provide the option to purchase actual, delivered cryptocurrency, but they each offer the ability to invest in cryptocurrency derivatives instead.
When comparing online brokers TMGM and Earn, both offer Skrill, Visa, Mastercard, and bank wires as deposit and withdrawal options, but TMGM additionally supports PayPal, whereas neither supports ACH or SEPA transfers.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | TMGM | Earn | |
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| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
| Review | TMGM Review |
| Broker Screenshots | TMGM | Earn | |
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| Regulation | TMGM | Earn | |
|---|---|---|---|
| Trust Score | 83 | 71 | |
| Year Founded | 2013 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | TMGM | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | TMGM | Earn | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | TMGM | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12000 | 500 | |
| Forex Pairs (Total) | 62 | 61 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | TMGM | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | TMGM | Earn | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | TMGM | Earn | |
|---|---|---|---|
| Proprietary Platform | No | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | TMGM | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 35 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | TMGM | Earn | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 35 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | TMGM | Earn | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | TMGM | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | TMGM | Earn | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | TMGM Review |
| Overall | TMGM | Earn | |
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| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
| Review | TMGM Review |
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