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Markets.com vs TMGM 2023

ForexBrokers.com

Written by ForexBrokers.com

December 27, 2022

Is Markets.com better than TMGM? In our analysis of 23 international regulators across 62 of the best forex brokers, Markets.com is considered low-risk, with an overall Trust Score of 98 out of 99. TMGM is considered average-risk, with an overall Trust Score of 79 out of 99. Learn more about Trust Score.

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Overall RatingMarkets.comTMGM
Overall Rating 4.5/5 Stars 4/5 Stars
Commissions & Fees 3.5/5 Stars 4/5 Stars
Offering of Investments 4/5 Stars 5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 4.5/5 Stars
Trust Score 98 79
Winner check_circle
Review TMGM Review
RegulationMarkets.comTMGM
Trust Score 98 79
Year Founded 1999 2013
Publicly Traded (Listed) Yes No
Bank No No
Authorised in European Union Yes info No info
Tier-1 Licenses 2 2
Tier-2 Licenses 2 0
Tier-3 Licenses 1 1
Tier-1 Licenses (High Trust)Markets.comTMGM
ASIC Authorised (Australia) Yes Yes
IIROC Authorised (Canada) No No
SFC Authorised (Hong Kong) No No
CBI Authorised (Ireland) No No
FSA Authorised (Japan) No No
MAS Authorised (Singapore) No No
FINMA Authorised (Switzerland) No No
FCA Authorised (U.K.) No No
CFTC Registered (USA) No No
FMA Authorised (New Zealand) No Yes
Tier-2 Licenses (Average Trust)Markets.comTMGM
CBRC Authorised (China) No No
CySEC Authorised (Cyprus) Yes No
SEBI Authorised (India) No No
ISA Authorised (Israel) No No
CBR Authorised (Russia) No No
FSCA Authorised (South Africa) Yes No
SEC Authorised (Thailand) No No
DFSA / Central Bank Authorised (UAE) No No
Tier-3 Licenses (Low Trust)Markets.comTMGM
SCB Authorised (Bahamas) No No
IFSC Authorised (Belize) No No
CIMA Authorised (Cayman Islands) No No
BMA Authorised (Bermuda) No No
FSC Authorised (British Virgin Islands) Yes No
FSC Authorised (Mauritius) No No
VFSC Authorised (Vanuatu) No Yes
InvestmentsMarkets.comTMGM
Forex Trading (Spot or CFDs) Yes Yes
Tradeable Symbols (Total) 2179 12000
Forex Pairs (Total) 57 62
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 (CFD) 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).
CostMarkets.comTMGM
Average Spread EUR/USD - Standard 1.9 info 0.96 info
All-in Cost EUR/USD - Active 1.9 info 0.76 info
Active Trader or VIP Discounts Yes Yes
Execution: Agency Broker No Yes
Execution: Market Maker Yes No
FundingMarkets.comTMGM
Minimum Deposit $100 $100
PayPal (Deposit/Withdraw) No No
Skrill (Deposit/Withdraw) Yes Yes
Visa/Mastercard (Credit/Debit) Yes Yes
Bank Wire (Deposit/Withdraw) Yes Yes
Trading PlatformsMarkets.comTMGM
Proprietary Platform Yes Yes
Desktop Platform (Windows) Yes Yes
Web Platform Yes Yes
Social Trading / Copy Trading Yes Yes
MetaTrader 4 (MT4) Yes Yes
MetaTrader 5 (MT5) Yes No
cTrader No No
DupliTrade No No
ZuluTrade No No
Trading ToolsMarkets.comTMGM
Virtual Trading (Demo) Yes Yes
Alerts - Basic Fields No Yes
Watchlists - Total Fields 6 7
Charting - Indicators / Studies (Total) 89 30
Charting - Drawing Tools (Total) 4 15
Charting - Trade From Chart No Yes
Charts can be saved Yes Yes
Mobile TradingMarkets.comTMGM
Android App Yes Yes
Apple iOS App Yes Yes
Mobile Alerts - Basic Fields Yes Yes
Mobile Watchlist Yes Yes
Watchlist Syncing Yes No
Mobile Charting - Indicators / Studies (default on MT4, none on Markets app) 30
Mobile Charting - Draw Trendlines Yes Yes
Mobile Charting - Multiple Time Frames No Yes
Mobile Charting - Drawings Autosave No No
Forex Calendar No No
ResearchMarkets.comTMGM
Daily Market Commentary Yes Yes
Forex News (Top-Tier Sources) Yes Yes
Autochartist No No
Trading Central (Recognia) No Yes
Social Sentiment - Currency Pairs Yes Yes
Economic Calendar Yes Yes
EducationMarkets.comTMGM
Has Education - Forex or CFDs No Yes
Client Webinars Yes Yes
Client Webinars (Archived) No Yes
Videos - Beginner Trading Videos Yes No
Videos - Advanced Trading Videos Yes No
Investor Dictionary (Glossary) No Yes
Major Forex PairsMarkets.comTMGM
GBP/USD No Yes
USD/JPY No Yes
EUR/USD No Yes
USD/CHF No Yes
USD/CAD No Yes
NZD/USD No Yes
AUD/USD No Yes
Review TMGM Review
OverallMarkets.comTMGM
Overall Rating 4.5/5 Stars 4/5 Stars
Commissions & Fees 3.5/5 Stars 4/5 Stars
Offering of Investments 4/5 Stars 5/5 Stars
Platform & Tools 4/5 Stars 4/5 Stars
Mobile Trading 4/5 Stars 4/5 Stars
Research 4/5 Stars 3.5/5 Stars
Education 3.5/5 Stars 4.5/5 Stars
Trust Score 98 79
Winner check_circle
Review TMGM Review
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Markets.com vs TMGM Comparison

Comparing forex brokers side by side is no easy task. For our 2023 annual forex broker review, we spent hundreds of hours assessing 62 forex and CFD brokerages to find the best forex broker. Let's compare Markets.com vs TMGM.

Does Markets.com or TMGM offer lower pricing?

Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spreads data, and pricing structures vary. Based on our thorough annual assessment, TMGM offers better pricing overall for traders.

Is Markets.com or TMGM safer for forex and CFDs trading?

At ForexBrokers.com, we track where each forex and CFD broker is regulated across over 23 international regulator databases. Here's our findings. Both Markets.com and TMGM hold 2 global Tier-1 licenses. Markets.com holds 2 global Tier-2 licenses, while TMGM holds 0. In our analysis of 23 international regulators across 50 brokers, Markets.com earned a higher Trust Score than TMGM.

Which trading platform is better: Markets.com or TMGM?

To compare the trading platforms of both Markets.com and TMGM, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Markets.com offers a better experience. With research, Markets.com offers superior market research. Finally, we found Markets.com to provide better mobile trading apps.

What about MetaTrader and copy trading?

For forex and CFDs traders, copy trading and MetaTrader are both popular platform options. Both Markets.com and TMGM offer MetaTrader 4 (MT4).Markets.com and TMGM both offer copy trading.

How many forex pairs and CFDs are available to trade?

TMGM provides traders 62 currency pairs (e.g., EUR/USD) compared to Markets.com's 57 available pairs. Forex pairs aside, TMGM offers traders access to 12000 CFDs while Markets.com has 2179 available CFDs, a difference of 9821.

Can I trust Markets.com?

Markets.com is publicly traded, does not operate a bank, and is authorised by two tier-1 regulators (high trust), two tier-2 regulators (average trust), and one tier-3 regulator (low trust). Markets.com is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).

Can I trust TMGM?

TMGM is not publicly traded and does not operate a bank. TMGM is authorised by two tier-1 regulators (high trust), zero tier-2 regulators (average trust), and one tier-3 regulator (low trust). TMGM is authorised by the following tier-1 regulators: the Australian Securities & Investment Commission (ASIC) and the Financial Markets Authority (FMA).

Is Markets.com good?

Thanks to its web-based MarketsX platform, Markets.com is easy to use and new trader friendly. However, Markets.com is pricey and lacks the feature-rich trading tools required to compete with the best trading platforms.

Is TMGM good?

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.

Overall winner: Markets.com

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announcementPlease 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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