Written by ForexBrokers.com
In this head to head comparison of TMGM vs Spreadex, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
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When comparing online brokers TMGM and Spreadex, it's important to consider their trust ratings and regulatory credentials. TMGM, established in 2013, holds two Tier-1 licenses, which are highly trusted according to ForexBrokers.com’s rating system. With a Trust Score of 83 out of 99, TMGM is categorized as a trusted broker. Spreadex, founded earlier in 1999, has one Tier-1 license. Its Trust Score sits at 71, placing it in the average risk category.
Both TMGM and Spreadex are privately held companies that are not publicly traded on the stock exchange, nor do they operate as banks. These factors underscore the importance of their regulatory ratings for prospective clients. For those prioritizing trust and regulatory compliance, TMGM appears to have a slight edge over Spreadex, thanks to its higher Trust Score and additional Tier-1 license.
| Feature |
TMGM
|
Spreadex
|
|---|---|---|
| Year Founded | 2013 | 1999 |
| 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 |
Comparing commissions and fees, TMGM and Spreadex both earn 4 stars, yet their pricing transparency differs. Spreadex publishes average spread data, while TMGM does not for EUR/USD, which makes it harder to gauge total trading costs at a glance. In ForexBrokers.com’s Commissions and Fees category, TMGM ranks #37 out of 63 brokers, while Spreadex ranks higher at #28.
TMGM offers two account types: a spread-only Classic account and the commission-based Edge account. The Edge account is the better value for active traders, charging a low $3.50 per side ($7 round trip) plus tight prevailing spreads, and it’s also the only option for swap-free (Islamic) accounts. However, TMGM does not publish recent EUR/USD average spreads, a key data point many traders use to compare costs.
Spreadex discloses its pricing: in January 2024, the average EUR/USD spread was 0.81 pips, with the minimum spread of 0.6 pips reached 60% of the time. This level of detail helps traders estimate real-world costs more easily. Overall, both brokers score 4/5 for pricing, but Spreadex’s higher ranking (#28 vs. TMGM’s #37) and published spread data give it a slight edge for fee transparency.
| Feature |
TMGM
|
Spreadex
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average spread (EUR/USD) - Standard account | N/A | 0.81 |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | No | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
TMGM vs Spreadex: both support forex trading as CFDs or spot contracts and both offer cryptocurrency CFDs, but neither lets you buy actual crypto. TMGM lists about 12,000 tradeable symbols and 62 forex pairs, while Spreadex offers around 10,000 symbols and 52 pairs. Neither broker provides direct access to exchange-traded shares on U.S. or international exchanges (so you can’t buy stocks like Apple or Vodafone outright).
Feature-wise, TMGM includes copy trading, while Spreadex does not. For range of investments, TMGM is rated 4.5/5 stars and ranks 18th out of 63 brokers; Spreadex scores 5/5 stars and ranks 14th. Choose TMGM if you value a larger symbol list and copy trading, or opt for Spreadex if you prefer a higher expert rating within a wide selection that includes forex and crypto CFDs.
| Feature |
TMGM
|
Spreadex
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12000 | 10000 |
| Forex Pairs (Total) | 62 | 52 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | No |
| Copy Trading | Yes | No |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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.
Comparing TMGM vs Spreadex for trading platforms and tools: both brokers offer a free demo (paper) account and web-based trading, and both let you place trades straight from charts. TMGM does not have a proprietary platform; instead it supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and provides a downloadable Windows desktop platform. Spreadex takes the opposite route: it offers its own proprietary platform but no Windows desktop download, and it does not support MT4 or MT5. Copy trading is available at TMGM but not at Spreadex.
For quality, ForexBrokers.com rates both brokers 4 out of 5 stars for Trading Platforms and Tools, with Spreadex ranked 47th out of 63 brokers and TMGM ranked 49th. In short, choose TMGM if you want MT4/MT5, a Windows desktop app, and copy trading; pick Spreadex if you prefer a proprietary, web-based experience and can do without MetaTrader and copy trading.
| Feature |
TMGM
|
Spreadex
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | Yes |
| Desktop Platform (Windows) | Yes | No |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | No |
| MetaTrader 4 (MT4) | Yes | No |
| MetaTrader 5 (MT5) | Yes | No |
| Charting - Indicators / Studies (Total) | 30 | 58 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
TMGM and Spreadex both deliver mobile trading apps for iPhone and Android. Each app supports stock and forex price alerts and lets you draw trendlines on charts. However, neither broker syncs watchlists between the mobile app and the web platform, so changes you make in one place won’t carry over to the other.
In charting, TMGM lists 30 technical studies in its app, while Spreadex does not disclose a count. TMGM also auto-saves your chart drawings, whereas Spreadex does not. Both earn 4 stars for Mobile Trading Apps from ForexBrokers.com, with Spreadex ranked 47th and TMGM 48th out of 63 brokers. If you value a defined set of indicators and saved drawings, TMGM has the edge; if you just need alerts, trendlines, and dependable iOS/Android access, both are similar.
| Feature |
TMGM
|
Spreadex
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | N/A |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | No |
Dive deeper: Best Forex Trading Apps.
TMGM and Spreadex both cover the essentials for market research: each delivers daily market commentary, premium forex news from major outlets like Bloomberg or Reuters, a trader sentiment tool, and an economic calendar to track upcoming events. Neither broker includes TipRanks, so equity research signals from that provider aren’t part of the package.
The key differences are in the add-on tools. Spreadex integrates Autochartist for automated chart pattern scanning, while TMGM counters with Trading Central plus Acuity Trading (Signal Centre), which can appeal to traders who want analyst-driven insights and AI-powered signals. For overall research quality, ForexBrokers.com rates Spreadex slightly higher at 4 stars and ranks it #32 of 63, whereas TMGM earns 3.5 stars and ranks #54. In short, choose Spreadex if you value Autochartist and a higher third-party rating; pick TMGM if Trading Central and Acuity Trading better match your workflow.
| Feature |
TMGM
|
Spreadex
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central | Yes | No |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing TMGM vs Spreadex for beginner education, Spreadex offers a clearer path for new traders. It provides at least 10 beginner-focused trading videos, while TMGM does not meet that threshold. Neither broker hosts monthly client webinars, and neither offers 10 or more advanced videos, so traders wanting ongoing live training or deep-dive lessons may find options limited at both firms.
In our Education ratings, Spreadex scores 4 stars and ranks 45th out of 63 brokers, while TMGM earns 3.5 stars and ranks 54th. For beginners who prefer video-based learning, Spreadex is the stronger choice. TMGM can still help you get started, but its beginner content isn’t as extensive.
| Feature |
TMGM
|
Spreadex
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | 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 Spreadex. TMGM finished with an overall rank of #37, while Spreadex finished with an overall rank of #39.
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
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Spreadex
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| Trust Score | 83 | 71 |
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TMGM vs Spreadex: neither online broker supports buying actual (delivered) cryptocurrencies, but both allow trading cryptocurrency CFDs.
TMGM vs Spreadex comparison: both online brokers do not support ACH/SEPA transfers; Spreadex supports bank wire deposits/withdrawals but not PayPal or Skrill, while the provided data does not specify whether TMGM supports PayPal, Skrill, Visa/Mastercard, or bank wires, nor whether Spreadex accepts Visa or Mastercard.
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 | Spreadex | |
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| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
| Review | TMGM Review | Spreadex Review |
| Broker Screenshots | TMGM | Spreadex | |
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| Regulation | TMGM | Spreadex | |
|---|---|---|---|
| Trust Score | 83 | 71 | |
| Year Founded | 2013 | 1999 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| 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 | Spreadex | |
|---|---|---|---|
| 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) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | TMGM | Spreadex | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | TMGM | Spreadex | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12000 | 10000 | |
| Forex Pairs (Total) | 62 | 52 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | No | |
| Copy Trading | Yes | No | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 | Spreadex | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | 0.81 | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | TMGM | Spreadex | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | No | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | TMGM | Spreadex | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | Yes | |
| Desktop Platform (Windows) | Yes | No | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | No | |
| MetaTrader 4 (MT4) | Yes | No | |
| MetaTrader 5 (MT5) | Yes | No | |
| cTrader | No | No |
| Trading Tools | TMGM | Spreadex | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 58 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | TMGM | Spreadex | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | N/A | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | No | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | TMGM | Spreadex | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central | Yes | No | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | TMGM | Spreadex | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | TMGM | Spreadex | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | TMGM Review | Spreadex Review |
| Overall | TMGM | Spreadex | |
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| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
| Review | TMGM Review | Spreadex Review |
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