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 and TMGM offer distinct experiences for traders in terms of commissions and fees. Trading 212, with its Invest and CFD accounts, is particularly noted for its zero-commission structure. Despite this feature, traders must pay attention to the spreads, especially when dealing with CFDs and forex. For instance, the average spread for the EUR/USD pair was recorded at 2.7 pips in April 2025, which is significantly higher than the industry's average and could add to trading costs. Trading 212 receives a 4-star rating for commissions and fees but ranks #49 out of 63 brokers in this category according to ForexBrokers.com.
In contrast, TMGM offers competitive trading fees primarily through its Edge account. This account charges a commission of $3.50 per side, totaling $7 per round trip, which is complemented by low spreads and no requotes. While specific average spread data for the EUR/USD pair isn't available, traders generally find TMGM’s pricing favorable. TMGM also supports Sharia-compliant accounts through its Edge account option. As with Trading 212, TMGM earns a 4-star rating for commissions and fees but is ranked higher at #36 out of 63 brokers by ForexBrokers.com.
When comparing the two, although both brokers share the same star rating for commissions and fees, TMGM ranks better due to its competitive pricing structure and flexibility with account types. Traders who prioritize detailed spread transparency may find Trading 212 less appealing, while those interested in low overall trading costs might favor TMGM.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Minimum Deposit | €1 | $100 |
| Average Spread EUR/USD - Standard | 2.7 | N/A |
| All-in Cost EUR/USD - Active | 2.7 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | No | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When evaluating the investment options between Trading 212 and TMGM, there are several aspects to consider. Trading 212 offers an impressive selection of 7,868 tradeable symbols, including 146 forex pairs. It allows access to both U.S. and international exchange-traded securities, providing the ability to purchase stocks like Apple and Vodafone directly. On the other hand, TMGM boasts a wider selection overall with 12,000 tradeable symbols, although it offers fewer forex pairs at 62. TMGM does not provide direct access to U.S. or international exchange-traded securities, but it does include the feature of copy trading, which some investors might find appealing.
Both brokers offer the chance to trade forex as a CFD or spot contract and allow trading in cryptocurrency derivatives, though neither offers actual cryptocurrency delivery. Trading 212 is rated a perfect five stars for its range of investments and is ranked #15 out of 63 brokers by ForexBrokers.com in this category. TMGM, with its wider range of symbols, earns a close 4.5-star rating and ranks slightly lower at #17. This comparison shows that both platforms cater to different types of investors, with Trading 212 excelling in stock access and TMGM in overall symbol variety and copy trading opportunities.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7868 | 12000 |
| Forex Pairs (Total) | 146 | 62 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | No | 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 Trading 212 and TMGM, both brokers offer substantial features for users. Trading 212 stands out with its proprietary platform, which is developed in-house, catering well to its user base. Unlike TMGM, Trading 212 does not provide a downloadable desktop platform for Windows but compensates with an easy-to-access web-based trading platform. Both brokers enable simulated or paper trading, allowing users to practice without risk. However, Trading 212 does not support popular platforms like MetaTrader 4 (MT4) or MetaTrader 5 (MT5), which TMGM offers.
TMGM edges ahead in compatibility with widely used trading platforms by offering both MetaTrader 4 and MetaTrader 5, perfect for traders who prefer these tools. Additionally, TMGM supports copy trading, further diversifying its offerings, though both brokers do not offer DupliTrade or ZuluTrade. For charting, Trading 212 provides 20 drawing tools compared to TMGM's 15, and both brokers allow trading directly from stock charts. When it comes to watch lists, TMGM offers more columns or fields at seven compared to Trading 212's five. Both Trading 212 and TMGM are rated four stars for their trading platforms and tools, but Trading 212 is ranked higher at #20, compared to TMGM's #48 out of 63 brokers on ForexBrokers.com.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | No | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | No | Yes |
| MetaTrader 4 (MT4) | No | Yes |
| MetaTrader 5 (MT5) | No | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 54 | 30 |
| Charting - Drawing Tools (Total) | 20 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 5 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Trading 212 and TMGM, both platforms offer a user-friendly experience on iPhone and Android devices. Each app allows for stock and forex price alerts, providing timely market updates. Users can draw trend lines and utilize multiple time frames on charts within both apps. Another highlight is their support for real-time quotes in watchlists. However, a key difference lies in watchlist symbol syncing. Trading 212's app syncs watchlists with the client's online account, ensuring changes are updated across devices, a feature absent in TMGM's app.
Chart enthusiasts might prefer Trading 212 as it offers 104 technical studies compared to TMGM's 30. Both apps save chart drawings automatically, streamlining users' experience. These features contribute to Trading 212's #17 ranking out of 63 for mobile trading apps on ForexBrokers.com, in contrast to TMGM's position at #47. Despite these differences, both apps hold a solid 4-star rating, highlighting their overall quality and ease of use for mobile trading.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | Yes | No |
| Mobile Charting - Indicators / Studies | 104 | 30 |
| 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 comparing the market research offerings of Trading 212 and TMGM, each brings its strengths to the table, though they differ in several areas. Trading 212 provides forex news from credible sources like Bloomberg and Reuters, along with a sentiment-based trading tool. However, it lacks daily market commentary and technical analysis tools from companies like Autochartist or Trading Central. TMGM, on the other hand, offers daily market commentary and features such as tools from Trading Central and Acuity Trading, while also providing access to top-tier forex news and a sentiment-based trading tool. Both brokers offer an economic calendar to track global news events.
Despite these differences, both Trading 212 and TMGM receive a research rating of 3.5 out of 5 stars. According to ForexBrokers.com, Trading 212 ranks 44th among 63 brokers for research, slightly ahead of TMGM, which is ranked 53rd. The choice between them may boil down to specific research tool preferences and the overall research experience traders seek. Whether it's comprehensive news updates or enhanced analysis tools, both platforms cater to varying trader needs in unique ways.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Daily Market Commentary | No | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Trading 212 and TMGM offer different educational tools for traders. Trading 212 provides a rich variety of resources for those new to forex or CFDs, with more than ten educational articles, videos, and webinars tailored for beginners. Additionally, Trading 212 has a searchable archive of past webinars, and an extensive range of beginner and advanced video tutorials. TMGM, on the other hand, does not meet the threshold of ten beginner-focused videos but offers a searchable archive of webinars and an investor dictionary, similar to Trading 212.
Both platforms include an investor dictionary with over 50 definitions, a solid foundation for understanding trading terminology. However, neither offers regular live webinars. According to ForexBrokers.com, Trading 212 holds a more favorable position in their Education category, ranking 20th out of 63 brokers, higher than TMGM's 54th spot. Both brokers receive an equal educational rating of 3.5 stars, reflecting strengths and opportunities for enhancement in their educational offerings.
| Feature |
Trading 212
|
TMGM
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
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 |
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| Trust Score | 80 | 83 |
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Both Trading 212 and TMGM do not offer the option to buy actual delivered cryptocurrency, but they do provide the opportunity to trade cryptocurrency derivatives.
Trading 212 distinguishes itself from TMGM by supporting ACH or SEPA transfers, unlike TMGM, which does not; both platforms offer PayPal and Visa or Mastercard options, but TMGM provides the additional flexibility of Skrill, while both brokers accommodate bank wire transactions.
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 | Trading 212 | TMGM | |
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| Trust Score | 80 | 83 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | TMGM Review |
| Broker Screenshots | Trading 212 | TMGM | |
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| 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) | No | No | |
| 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) | 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 | Trading 212 | TMGM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7868 | 12000 | |
| Forex Pairs (Total) | 146 | 62 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | No | 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 | Trading 212 | TMGM | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 2.7 | N/A | |
| All-in Cost EUR/USD - Active | 2.7 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Trading 212 | TMGM | |
|---|---|---|---|
| Minimum Deposit | €1 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | No | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Trading 212 | TMGM | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | No | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | No | Yes | |
| MetaTrader 4 (MT4) | No | Yes | |
| MetaTrader 5 (MT5) | No | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Trading 212 | TMGM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 5 | 7 | |
| Charting - Indicators / Studies (Total) | 54 | 30 | |
| Charting - Drawing Tools (Total) | 20 | 15 | |
| 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 Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | Yes | No | |
| Mobile Charting - Indicators / Studies | 104 | 30 | |
| 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 | Trading 212 | TMGM | |
|---|---|---|---|
| Daily Market Commentary | No | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Trading 212 | TMGM | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Trading 212 | TMGM | |
|---|---|---|---|
| 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 | Trading 212 Review | TMGM Review |
| Overall | Trading 212 | TMGM | |
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| Trust Score | 80 | 83 | |
| Winner | check_circle | ||
| Review | Trading 212 Review | TMGM Review |
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