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Trading 212 vs TMGM 2023

ForexBrokers.com

Written by ForexBrokers.com

August 29, 2023

Is Trading 212 better than TMGM? In our analysis of 23 international regulators across 62 of the best forex brokers, Trading 212 is considered Average-Risk, with an overall Trust Score of 77 out of 99. TMGM is considered Trusted, with an overall Trust Score of 83 out of 99. Learn more about Trust Score.

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Compare

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Overall Rating Trading 212 TMGM
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 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 3.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4.5/5 Stars
Trust Score info 77 83
Winner check_circle
Review Trading 212 Review TMGM Review
Broker Screenshots Trading 212 TMGM
Trading Platforms Gallery (click to expand) info
Mobile Trading Gallery (click to expand) info
Research Gallery (click to expand) info
Education Gallery (click to expand) info
Regulation Trading 212 TMGM
Trust Score info 77 83
Year Founded info 2004 2013
Publicly Traded (Listed) info No No
Bank info No No
European Union Authorised (MiFID) info Yes info No info
Tier-1 Licenses info 2 2
Tier-2 Licenses info 0 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 0 2
Tier-1 Licenses (Highly Trusted) Trading 212 TMGM
Australia (ASIC Authorised) info No Yes
Canada (CIRO Authorised) info No No
Hong Kong (SFC Authorised) info No No
Japan (SFC Authorised) info No No
Singapore (MAS Authorised) info No No
Switzerland (FINMA Authorised) info No No
United Kingdom (U.K.) (FCA Authorised) info Yes No
USA (CFTC Authorized) info No No
New Zealand (FMA Authorised) info No Yes
European Union Authorised (MiFID) info Yes info No info
Tier-2 Licenses (Trusted) Trading 212 TMGM
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info No No
UAE (DFSA/Central Bank Authorised) info No No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments Trading 212 TMGM
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 1785 12000
Forex Pairs (Total) info 184 62
U.S. Stock Trading (Non CFD) info Yes No
Int'l Stock Trading (Non CFD) info Yes No
Social Trading / Copy Trading info No Yes
Cryptocurrency (Physical) info No No
Cryptocurrency (Derivative) info No 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 info N/A info 0.96 info
All-in Cost EUR/USD - Active info N/A info 0.76 info
Active Trader or VIP Discounts info No Yes
Inactivity Fee info No Yes
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding Trading 212 TMGM
Minimum Deposit info โ‚ฌ10 $100
PayPal (Deposit/Withdraw) info Yes No
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
Trading Platforms Trading 212 TMGM
Proprietary Platform info Yes No
Desktop Platform (Windows) info No Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No No
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools Trading 212 TMGM
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 5 7
Charting - Indicators / Studies (Total) info 45 30
Charting - Drawing Tools (Total) info 19 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading Trading 212 TMGM
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Mobile Watchlist info Yes Yes
Watchlist Syncing info Yes No
Mobile Charting - Indicators / Studies info 45 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes No
Forex Calendar info Yes Yes
Research Trading 212 TMGM
Daily Market Commentary info Yes Yes
Forex News (Top-Tier Sources) info Yes Yes
Autochartist info No No
Trading Central (Recognia) info No Yes
Social Sentiment - Currency Pairs info No Yes
Economic Calendar info Yes Yes
Education Trading 212 TMGM
Education (Forex or CFDs) info No Yes
Client Webinars info No Yes
Client Webinars (Archived) info No Yes
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info Yes Yes
Major Forex Pairs Trading 212 TMGM
GBP/USD info Yes Yes
USD/JPY info Yes Yes
EUR/USD info Yes Yes
USD/CHF info Yes Yes
USD/CAD info Yes Yes
NZD/USD info Yes Yes
AUD/USD info Yes Yes
Review Trading 212 Review TMGM Review
Overall Trading 212 TMGM
Overall Rating info 4/5 Stars 4/5 Stars
Commissions & Fees 4/5 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 3.5/5 Stars 3.5/5 Stars
Education 4/5 Stars 4.5/5 Stars
Trust Score info 77 83
Winner check_circle
Review Trading 212 Review TMGM Review
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Trading 212 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 Trading 212 vs TMGM.

Does Trading 212 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 Trading 212 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 Trading 212 and TMGM hold 2 global Tier-1 licenses. Both Trading 212 and TMGM hold 0 global Tier-2 licenses. In our analysis of 23 international regulators across 50 brokers, TMGM (83) earned a higher Trust Score than Trading 212 (77).

Which trading platform is better: Trading 212 or TMGM?

To compare the trading platforms of both Trading 212 and TMGM, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Trading 212 offers a better experience. With research, Trading 212 offers superior market research. Finally, we found Trading 212 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. Neither broker offers Meta Trader.Copy trading is not offered by either broker.

How many forex pairs and CFDs are available to trade?

Trading 212 provides traders 184 currency pairs (e.g., EUR/USD) compared to TMGM's 62 available pairs. Forex pairs aside, TMGM offers traders access to 12000 CFDs while Trading 212 has 1785 available CFDs, a difference of 10215.

Can I trust Trading 212?

Trading 212 is not publicly traded and does not operate a bank. Trading 212 is authorized by two tier-1 regulators (Highly Trusted), zero tier-2 regulators (Average Trust), zero tier-3 regulators (Low Trust), and zero tier-4 regulators (High-Risk). Trading 212 is authorised by the following tier-1 regulators: the Financial Conduct Authority (FCA) and the European Union via MiFID.

Can I trust TMGM?

TMGM is not publicly traded and does not operate a bank. TMGM is authorised by two tier-1 regulators (Highly Trusted), zero tier-2 regulators (Trusted), zero tier-3 regulator (Average Risk), and two tier-4 regulators (High Risk). TMGM is authorised by the following tier-1 regulators: the Australian Securities & Investment Commission (ASIC) and the Financial Markets Authority (FMA).

Is Trading 212 good?

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 212โ€™s bid to be considered a top broker.

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 โ€“ though the platform-specific requirements will limit who can use it.

Overall winner: Trading 212

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announcementPlease note:

We review each brokerโ€™s overall global offering โ€“ a โ€œYesโ€ 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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