Written by ForexBrokers.com
In this head to head comparison of Trading 212 vs TMGM, 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.
Trading 212, founded in 2004, and TMGM, established in 2013, are both online brokers that are not publicly traded or associated with any bank. When it comes to regulatory standing, Trading 212 holds three Tier-1 licenses, which are highly trusted according to ForexBrokers.com. TMGM, on the other hand, holds two Tier-1 licenses. Although neither broker holds any Tier-2 licenses, their overall trust scores reflect a solid level of credibility, with Trading 212 scoring 80 and TMGM slightly higher at 83.
The Trust Scores from ForexBrokers.com indicate that Trading 212 is regarded as a trusted broker, while TMGM enjoys an even more favorable trust rating. Evaluating their regulatory credentials reveals that both platforms are reliable choices, but TMGM seems to edge out slightly in terms of trust score. Whether you prioritize years in operation or a higher trust score, both Trading 212 and TMGM offer dependable options for online trading.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Year Founded | 2004 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 3 | 2 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 0 | 2 |
Trading 212’s commissions and fees depend on the account you choose. This comparison focuses on the CFD account (minimum deposit €10; the Invest account requires €1). Trading 212 markets zero-commission trading, but you still pay the spread. It now publishes average spread data: in April 2025, EUR/USD averaged 2.7 pips—well above the industry norm, which can mean higher costs for active forex and CFD traders. For commissions and fees, Trading 212 is rated 4 out of 5 stars and ranks #50 of 63 brokers on ForexBrokers.com.
TMGM offers two pricing structures: the Classic account (spread-only) and the Edge account (commission plus typically lower spreads). The Edge plan charges $3.50 per side ($7 per round trip) in addition to the spread, and it’s the required choice for swap-free (Islamic) accounts; the Classic option doesn’t offer a swap-free setup. Recent average spread data for EUR/USD wasn’t available from TMGM, which makes apples-to-apples cost comparisons harder. TMGM is rated 4 out of 5 stars for commissions and fees and ranks #37 of 63 on ForexBrokers.com.
Bottom line: If you want published average spreads, Trading 212 provides them—though its 2.7-pip EUR/USD average (April 2025) is higher than many peers. TMGM’s Edge account can be cost-effective thanks to its $7 round-trip commission plus low prevailing spreads, but you may need to check live or demo pricing to gauge real-world costs due to the lack of recent average spread figures.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Minimum Deposit | €1 | $100 |
| Average spread (EUR/USD) - Standard account | 2.7 | N/A |
| All-in Cost EUR/USD - Active | 2.7 | N/A |
| Non-wire bank transfer | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Trading 212 vs TMGM: both brokers offer forex trading and cryptocurrency CFDs (neither supports buying actual crypto). TMGM lists more tradeable symbols overall (about 12,000 vs 7,868 for Trading 212), while Trading 212 provides a wider choice of forex pairs (146 vs 62 for TMGM). Independent ratings reflect this mix: ForexBrokers.com scores Trading 212 at 5 stars and ranks it #16 for Range of Investments, while TMGM earns 4.5 stars and ranks #18 out of 63 brokers.
If you want access to real shares, Trading 212 lets you buy exchange-traded securities on both U.S. and international markets—TMGM does not offer this. On the other hand, TMGM supports copy trading, whereas Trading 212 does not. In short, choose Trading 212 if you need direct stock investing across major exchanges and a larger set of forex pairs; pick TMGM if sheer instrument count and copy trading are higher on your list.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7868 | 12000 |
| Forex Pairs (Total) | 146 | 62 |
| U.S. Stocks (Shares) | Yes | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | No | Yes |
| 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.
Trading 212 and TMGM both offer free demo (paper) accounts to practice trading. Trading 212 provides a proprietary, web-based platform but no Windows desktop download. TMGM does not have its own platform; instead, it supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), offers a Windows desktop platform, and also has a web-based option. Both brokers let you trade directly from charts. For social features, TMGM supports copy trading, while Trading 212 does not.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, though ForexBrokers.com ranks Trading 212 higher (#20 of 63) than TMGM (#49 of 63). The number of technical indicators and the available watchlist columns were not specified. In short, choose Trading 212 if you want a streamlined, in-house web platform; pick TMGM if you prefer MT4/MT5, copy trading, or a Windows desktop platform.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| Charting - Indicators / Studies (Total) | 54 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Trading 212 and TMGM both offer mobile trading apps for iPhone and Android, with price alerts, the ability to draw trendlines on charts, and auto-saving for chart drawings. A key difference is watchlists: Trading 212 syncs watchlists between the mobile app and your online account, while TMGM does not, which may matter if you switch devices often.
For charting, Trading 212 provides 104 technical studies compared with TMGM’s 30, giving more options for analysis on the go. Both apps are rated 4 out of 5 stars, but Trading 212 ranks higher in ForexBrokers.com’s Mobile Trading Apps category (#17 out of 63) than TMGM (#48), which may sway traders who want deeper in-app tools and smoother cross-device use.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, Trading 212 and TMGM cover many of the same basics. Both deliver forex news from trusted sources such as Bloomberg, Reuters, and Dow Jones, include an economic calendar, and provide a sentiment tool that shows the ratio of long and short positions. Neither broker offers Autochartist or TipRanks. The key difference: TMGM publishes daily market commentary, while Trading 212 does not.
For extra tools, TMGM stands out with access to Trading Central and Acuity Trading (Signal Centre), which Trading 212 does not provide. Despite these additions, both brokers earn the same research score of 3.5 out of 5 stars. In ForexBrokers.com’s rankings out of 63 brokers, Trading 212 places higher at #45, compared with TMGM at #54. Your choice may come down to whether you value TMGM’s added tools and daily commentary or Trading 212’s higher category ranking.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Daily Market Commentary (Articles) | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing Trading 212 and TMGM, the difference shows up in video learning. Trading 212 offers at least 10 beginner videos and at least 10 advanced videos, giving newcomers and progressing traders plenty to watch. TMGM doesn’t meet that 10‑video mark for either level. Neither broker runs monthly educational webinars. Even though both earn 3.5 out of 5 stars for Education from ForexBrokers.com, Trading 212 ranks higher at #21 out of 63, while TMGM sits at #54.
If you prefer to learn at your own pace through on‑demand videos, Trading 212 is the more beginner‑friendly choice. If live webinars are a must, note that neither provider schedules monthly sessions.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that Trading 212 is better than TMGM. Trading 212 finished with an overall rank of #31, while TMGM finished with an overall rank of #37.
Best known for its mobile trading app, Trading 212 offers an easy-to-use trading platform suite for CFD and share trading, as well as a large variety of forex pairs. However, despite its well-designed platform and wide range of symbols, its lack of advanced trading tools and flat research offerings hamper Trading 212’s bid to be considered a top broker.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 80 | 83 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
In a Trading 212 vs TMGM comparison, neither online broker offers the ability to buy actual (delivered) cryptocurrency, but both support trading cryptocurrency CFDs instead.
In a Trading 212 vs TMGM comparison of deposit and withdrawal methods, Trading 212 supports ACH/SEPA, PayPal, and bank wire transfers but not Skrill, while TMGM supports PayPal, Skrill, and bank wire transfers but not ACH/SEPA; Visa/Mastercard availability isn’t specified for either broker.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | Trading 212 | TMGM | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 80 | 83 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | TMGM Review |
| Broker Screenshots | Trading 212 | TMGM | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| Regulation | Trading 212 | TMGM | |
|---|---|---|---|
| Trust Score | 80 | 83 | |
| Year Founded | 2004 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 3 | 2 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 0 | 2 |
| Tier-1 Licenses (Highly Trusted) | Trading 212 | TMGM | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| 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) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Trading 212 | TMGM | |
|---|---|---|---|
| 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 | Trading 212 | TMGM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7868 | 12000 | |
| Forex Pairs (Total) | 146 | 62 | |
| U.S. Stocks (Shares) | Yes | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | No | Yes | |
| 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 | Trading 212 | TMGM | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | 2.7 | N/A | |
| All-in Cost EUR/USD - Active | 2.7 | N/A | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | TMGM | |
|---|---|---|---|
| Minimum Deposit | €1 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | Yes | No |
| Trading Platforms | Trading 212 | TMGM | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No |
| Trading Tools | Trading 212 | TMGM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 54 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Trading 212 | TMGM | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Trading 212 | TMGM | |
|---|---|---|---|
| Daily Market Commentary (Articles) | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Trading 212 | TMGM | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Trading 212 | TMGM | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | Trading 212 Review | TMGM Review |
| Overall | Trading 212 | TMGM | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 80 | 83 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | TMGM Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill