Written by ForexBrokers.com
In this head to head comparison of XTB 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.
XTB, established in 2002, and TMGM, which started in 2013, are both reputable online brokers in the financial industry. XTB has earned a high Trust Score of 96 from ForexBrokers.com, indicating a highly trusted status. TMGM, on the other hand, holds a solid Trust Score of 83, falling into the trusted category. Both brokers are not banks, but XTB differs by being publicly traded, while TMGM is privately held.
Regarding regulatory compliance, XTB and TMGM each hold two Tier-1 licenses, marking them as highly trusted. XTB further strengthens its regulatory standing with two Tier-2 licenses, while TMGM does not hold any Tier-2 licenses. This difference is one of the key aspects contributing to the variance in their Trust Score ratings and reflects their differing approaches to regulatory coverage. These factors make XTB and TMGM both reliable choices, with particular distinctions in their regulatory profiles and public status.
| Feature |
XTB
|
TMGM
|
|---|---|---|
| Year Founded | 2002 | 2013 |
| Publicly Traded (Listed) | Yes | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 2 | 0 |
| Tier-3 Licenses | 1 | 0 |
| Tier-4 Licenses | 2 | 2 |
XTB and TMGM both offer low-cost ways to trade, but they take different paths. XTB earns 4.5 out of 5 stars for commissions and fees and is ranked 12th out of 63 brokers by ForexBrokers.com. TMGM earns 4 out of 5 stars and ranks 37th out of 63. In short, XTB’s pricing sits around the industry average and trails the very cheapest brokers, while TMGM’s value depends on choosing its commission account.
At XTB, the Standard account uses only spreads and averaged 1.0 pip on EUR/USD in Q4 2023. The Professional (commission) account is being phased out and is mostly limited to elective professionals in the U.K. and EU. Minimum deposit is 250 in your base currency. For smaller trade sizes, the Standard account tends to be cheaper; at higher volumes, Standard and Pro were historically similar. Active traders can join XTB’s Lower Spread Group to get 5%–30% of the spread rebated once monthly volume passes 20 lots, scaling up to 1,000 lots for the full discount.
TMGM offers two choices: the spread-only Classic account or the Edge account, which adds a small commission of $3.50 per side ($7 round trip) to typically low spreads and advertises no requotes. TMGM does not publish recent average spread data for EUR/USD, which makes direct cost comparisons harder. Islamic (swap-free) trading is available only on the Edge account. If you want published average spreads and volume-based rebates, XTB is more transparent; if you prefer a low-commission model—or need a swap-free option—TMGM’s Edge account is the draw.
| Feature |
XTB
|
TMGM
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 1.00 | N/A |
| All-in Cost EUR/USD - Active | 1.00 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
XTB and TMGM each offer forex trading (via CFDs or spot), but their product lineups differ in key ways. TMGM lists more total tradeable symbols (about 12,000) than XTB (7,184), which appeals to broad-market explorers. However, XTB features more tradeable forex pairs (71 vs. 62) and gives access to real, exchange-traded stocks on both U.S. and international exchanges—so you can buy shares like Apple or Vodafone directly, not just as CFDs. TMGM does not offer real share dealing, but it does include copy trading, which can be attractive if you want to mirror other traders’ strategies.
Both brokers support cryptocurrency derivatives but do not offer the ability to buy actual crypto. For Range of Investments, XTB earns 5 stars and is ranked #15 out of 63 brokers, while TMGM scores 4.5 stars and ranks #18. Choose XTB if direct stock ownership and a wider selection of forex pairs matter most; pick TMGM if you want a huge symbol list and built-in copy trading.
| Feature |
XTB
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 7184 | 12000 |
| Forex Pairs (Total) | 71 | 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.
Comparing XTB vs TMGM for trading platforms and tools: both brokers offer free demo (paper) accounts, web-based platforms, Windows desktop platforms, and the ability to trade directly from charts. XTB provides a proprietary in-house platform, while TMGM does not. TMGM supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5) and offers copy trading; XTB does not support MT4/MT5 and does not offer copy trading. Neither broker supports DupliTrade or ZuluTrade.
For charting, XTB includes 32 drawing tools compared with 15 at TMGM; indicator counts are not specified by either broker. Watchlists are a bit deeper at XTB (8 columns) than at TMGM (7 columns). In ForexBrokers.com ratings for Trading Platforms and Tools, XTB scores 4.5/5 and ranks #9 out of 63 brokers, while TMGM scores 4/5 and ranks #49. Choose TMGM if you need MetaTrader or copy trading; pick XTB if you want an easy-to-use proprietary platform across web and desktop.
| Feature |
XTB
|
TMGM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | 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) | 39 | 30 |
| Charting - Drawing Tools (Total) | 32 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 8 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
XTB and TMGM both offer mobile trading apps for iPhone and Android. Each app supports price alerts, real-time watchlists, drawing tools like trendlines, and multiple time frames (from intraday to daily and weekly), with chart drawings that auto-save. One limitation is that neither app syncs watchlist symbols with the online account. For charting depth, XTB includes 39 technical studies, while TMGM offers 30.
According to ForexBrokers.com, XTB’s mobile app is rated 4.5 stars and ranks #8 out of 63 brokers, whereas TMGM’s app is rated 4 stars and ranks #48. If you want more built-in indicators and higher third-party ratings, XTB has the edge; if you just need core features on iPhone or Android, both apps cover the basics despite the lack of watchlist syncing.
| Feature |
XTB
|
TMGM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 39 | 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.
XTB vs TMGM: both brokers deliver daily market commentary, premium forex news from top-tier sources (such as Bloomberg and Reuters), a sentiment tool showing long/short positioning, and an economic calendar. Neither integrates Autochartist or TipRanks. Where they differ is in third‑party research suites: TMGM offers Trading Central and Acuity Trading tools, while XTB does not.
Despite TMGM’s added integrations, XTB earns the stronger overall score for research: 5 stars and a #7 ranking out of 63 brokers at ForexBrokers.com, versus TMGM’s 3.5 stars and #54 ranking. In short, choose XTB for higher-rated, in-house research and news coverage, or pick TMGM if you specifically want Trading Central and Acuity Trading alongside standard research features.
| Feature |
XTB
|
TMGM
|
|---|---|---|
| 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 |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources offered by XTB and TMGM for beginner traders, XTB stands out with a comprehensive suite of learning materials. XTB offers a strong selection of educational content, including more than ten articles, videos, and archived webinars focusing on forex and CFDs. They also host regular online webinars each month, providing an engaging way for beginners to learn in real-time. With a searchable archive available, these recorded sessions remain accessible for future reference. Additionally, XTB offers a wide range of educational videos tailored for both beginners and advanced traders, ensuring that individuals can build on their knowledge progressively. Overall, XTB's educational offerings have earned them a 5-star rating and an impressive ranking of 11th out of 63 brokers according to ForexBrokers.com.
TMGM, on the other hand, offers a more limited range of resources for beginner traders. Although they provide a searchable archive of client webinars, TMGM does not meet the threshold of offering ten educational pieces or videos specifically aimed at beginners or advanced traders. Consequently, beginners looking to grow their understanding of trading principles might find TMGM's offerings less extensive compared to XTB. However, TMGM does offer an investor dictionary with definitions of over 50 investing terms, which can be a helpful tool for gaining basic insights. Despite this feature, TMGM earns a 3.5-star rating and ranks 54th out of 63 brokers for educational resources in the ForexBrokers.com ranking, reflecting their more limited commitment to education.
| Feature |
XTB
|
TMGM
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that XTB is better than TMGM. XTB finished with an overall rank of #7, while TMGM finished with an overall rank of #37.
As a trusted multi-asset broker, XTB offers outstanding customer service, a wide variety of forex and CFDs, and an excellent overall trading experience. Its xStation 5 trading platform is well-designed and packed with innovative features, and XTB’s offers comprehensive educational content and market research.
| Feature |
XTB
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TMGM
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|---|---|---|
| Overall Rating |
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| Trust Score | 96 | 83 |
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Both XTB and TMGM do not provide the option to purchase actual (delivered) cryptocurrency; however, they both allow investors to buy cryptocurrency derivatives.
Both XTB and TMGM provide a range of deposit and withdrawal options, including PayPal, Skrill, Visa, Mastercard, and bank wires, but neither offers ACH or SEPA transfers.
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 | XTB | TMGM | |
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| Trust Score | 96 | 83 | |
| Winner | check_circle | ||
| Review | XTB Review | TMGM Review |
| Broker Screenshots | XTB | TMGM | |
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| Regulation | XTB | TMGM | |
|---|---|---|---|
| Trust Score | 96 | 83 | |
| Year Founded | 2002 | 2013 | |
| Publicly Traded (Listed) | Yes | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 2 | 0 | |
| Tier-3 Licenses | 1 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | XTB | 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) | XTB | TMGM | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | Yes | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | XTB | TMGM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 7184 | 12000 | |
| Forex Pairs (Total) | 71 | 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 | XTB | TMGM | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.00 | N/A | |
| All-in Cost EUR/USD - Active | 1.00 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | XTB | TMGM | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | XTB | TMGM | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | 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 | XTB | TMGM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 8 | 7 | |
| Charting - Indicators / Studies (Total) | 39 | 30 | |
| Charting - Drawing Tools (Total) | 32 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | XTB | TMGM | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 39 | 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 | XTB | TMGM | |
|---|---|---|---|
| Daily Market Commentary | Yes | 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 | XTB | TMGM | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | XTB | 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 | XTB Review | TMGM Review |
| Overall | XTB | TMGM | |
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| Trust Score | 96 | 83 | |
| Winner | check_circle | ||
| Review | XTB Review | TMGM Review |
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