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XTB vs TMGM 2025

ForexBrokers.com

Written by ForexBrokers.com

February 05, 2025

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.

XTB
5/5 Stars Overall
  • Minimum Deposit: $0 info
  • Trust Score: 96
  • Tradeable Symbols (Total): 7184
TMGM
4/5 Stars Overall
  • Minimum Deposit: $100
  • Trust Score: 83
  • Tradeable Symbols (Total): 12000

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.

Regulation

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 logoXTB
TMGM logoTMGM
Year Founded info 2002 2013
Publicly Traded (Listed) info Yes No
Bank info No No
Tier-1 Licenses info 2 2
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 2

Fees

When comparing the commissions and fees of online brokers XTB and TMGM, there are several important distinctions. XTB offers two main account types: a spread-only Standard account and a commission-based Professional account. However, the Professional account is being phased out and is mostly reserved for certain clients in the U.K. and Europe. XTB's average spread for the EUR/USD is around 1 pip. Although their pricing aligns with industry standards, it lags behind top-tier competitors. XTB has a 4.5-star rating for commissions and fees and ranks 11th out of 63 brokers in this category according to ForexBrokers.com.

On the other hand, TMGM provides two different account types: the spread-only Classic account and the commission-based Edge account. The Edge account charges a commission of $3.50 per side ($7 per round trip), alongside its low prevailing spreads, making it a favored choice for many traders. However, specific average spread data, such as that for the EUR/USD currency pair, is not readily available, which is offered by some of the best forex brokers for more comprehensive cost analysis. TMGM is rated 4 stars for commissions and fees and stands at 36th position out of 63 brokers as ranked by ForexBrokers.com.

Both XTB and TMGM cater to different types of traders with their distinct account offerings. XTB’s active trader program offers rebates of up to 30% for high-volume traders, adding an incentive for clients who meet specific criteria. Meanwhile, TMGM’s Edge account is also appealing to those seeking competitive commission rates. This account is particularly suitable for Islamic finance customers looking for Sharia-compliant options, as it's the only account offering swap-free conditions. Each broker has tailored their fees and commissions to different target audiences, leaving traders to decide based on their trading volume, region, and specific trading needs.

Feature XTB logoXTB
TMGM logoTMGM
Minimum Deposit info $0 info $100
Average Spread EUR/USD - Standard info 1.00 info N/A info
All-in Cost EUR/USD - Active info 1.00 info N/A info
Active Trader or VIP Discounts info No No
ACH or SEPA Transfers info No No
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes

Dive deeper: Best Low Spread Forex Brokers.

Featured Offers


Range of investments

When comparing the range of investments offered by online brokers XTB and TMGM, there are distinct differences in what each platform provides. XTB offers 7,184 tradeable symbols, with a more extensive option for exchange-traded securities, allowing customers to purchase shares directly from U.S. and international exchanges, such as Apple and Vodafone. In contrast, TMGM provides a more extensive selection of tradeable symbols, reaching up to 12,000. However, it does not offer the purchase of exchange-traded securities on U.S. or international exchanges. Both brokers provide forex trading as CFDs with XTB offering 71 forex pairs while TMGM offers 62. Additionally, both platforms allow trading of cryptocurrency derivatives, but neither supports buying actual cryptocurrencies.

For investors interested in the features unique to each platform, XTB stands out with its access to direct stock purchases from major global exchanges, earning it a perfect 5-star rating for its range of investments, and placing it 14th out of 63 brokers according to ForexBrokers.com. TMGM, which ranks 17th with a strong 4.5-star rating, appeals to those interested in a larger variety of tradeable symbols and beneficial copy trading options, allowing users to replicate the trades of experienced investors.

Feature XTB logoXTB
TMGM logoTMGM
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7184 12000
Forex Pairs (Total) info 71 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 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 platforms and tools

XTB and TMGM both offer free virtual demo accounts, making it easy for beginners to practice trading without risk. XTB shines with its proprietary trading platform, offering a Windows-based desktop app and a web-based platform for flexible access. TMGM also supports Windows and web-based trading through established platforms like MetaTrader 4 and MetaTrader 5, offering a different experience focused on familiar tools. However, TMGM stands out with its copy trading capabilities, which XTB does not offer.

While both brokers allow trading directly from stock charts, XTB impresses with 32 drawing tools, compared to TMGM’s 15, providing traders with more options for technical analysis. XTB also offers more watchlist customization with eight fields versus TMGM's seven. These advantages contribute to XTB's higher rating of 4.5 stars for trading platforms and tools, versus TMGM's 4 stars. According to ForexBrokers.com, XTB is ranked #9 in the trading platforms and tools category among 63 brokers, while TMGM is #48, indicating XTB's stronger reputation in this area.

Feature XTB logoXTB
TMGM logoTMGM
Virtual Trading (Demo) info Yes Yes
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
DupliTrade info No No
ZuluTrade info No No
Charting - Indicators / Studies (Total) info 39 30
Charting - Drawing Tools (Total) info 32 15
Charting - Trade From Chart info Yes Yes
Watchlists - Total Fields info 8 7
View More

Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.

Forex trading apps

When comparing mobile trading apps, both XTB and TMGM offer applications for iPhone and Android devices, catering well to traders on the go. Both platforms provide essential features such as stock and forex price alerts and the ability to draw trendlines and view multiple time frames on their charts. However, XTB pulls ahead with its offer of 39 technical studies for advanced charting, compared to TMGM's 30. Both brokers fall short in terms of watchlist symbol syncing between the mobile app and the online account.

In terms of usability and ratings, XTB's mobile app excels with a rating of 4.5 out of 5 stars and holds the 8th position among 63 brokers, according to ForexBrokers.com. Meanwhile, TMGM's app has a slightly lower rating of 4 stars and ranks 47th. Both apps allow users to create watchlists with real-time quotes and automatically save chart drawings, ensuring a seamless trading experience. However, XTB's higher rating and ranking indicate a more user-friendly and feature-rich mobile trading environment.

Feature XTB logoXTB
TMGM logoTMGM
Android App info Yes Yes
Apple iOS App info Yes Yes
Mobile Alerts - Basic Fields info Yes Yes
Watchlist Syncing info No No
Mobile Charting - Indicators / Studies info 39 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Watchlist info Yes Yes

Dive deeper: Best Forex Trading Apps.

Market research

When comparing XTB and TMGM for market research capabilities, both brokers provide daily market commentary and access to forex news from top-tier sources like Bloomberg and Reuters. They also offer sentiment-based trading tools to help gauge market direction. However, TMGM goes a step further by including research tools from Acuity Trading and Trading Central, which XTB does not. Both platforms feature economic calendars to keep traders updated on global news events, but XTB takes the lead with a higher research rating and ranking. It is rated 5 stars and ranked 7th out of 63 brokers, compared to TMGM's 3.5-star rating and 53rd place in the same category.

While XTB excels in offering comprehensive and reliable market insights, TMGM stands out in providing additional technical tools through partnerships with recognized analysis firms. This difference can influence your decision based on whether you prioritize premium market ratings and rankings or specific analysis features offered by TMGM. Ultimately, XTB and TMGM each have their strengths, allowing traders to choose based on their unique preferences and needs for market research.

Feature XTB logoXTB
TMGM logoTMGM
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 Yes Yes
TipRanks info No No
Signal Centre (Acuity Trading) info No Yes
Economic Calendar info Yes Yes

Dive deeper: Best Brokers for Forex Research.

Beginners and education

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 logoXTB
TMGM logoTMGM
Education (Forex or CFDs) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No Yes

Dive deeper: Best Forex Brokers for Beginners.

Winner

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 logoXTB
TMGM logoTMGM
Overall Rating info 5/5 Stars 4/5 Stars
Trust Score info 96 83
Range of Investments 5/5 Stars 4.5/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Education 4.5/5 Stars 3.5/5 Stars

FAQs

Can you trade cryptocurrency with XTB or TMGM?

Both XTB and TMGM do not provide the option to purchase actual (delivered) cryptocurrency; however, they both allow investors to buy cryptocurrency derivatives.

What funding options does each broker offer?

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.




announcementPlease 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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Compare

0 of 5
Overall Rating XTB TMGM
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 83
Winner check_circle
Review XTB Review TMGM Review
Broker Screenshots XTB 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 XTB TMGM
Trust Score info 96 83
Year Founded info 2002 2013
Publicly Traded (Listed) info Yes No
Bank info No No
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-1 Licenses info 2 2
Tier-2 Licenses info 2 0
Tier-3 Licenses info 0 0
Tier-4 Licenses info 2 2
Tier-1 Licenses (Highly Trusted) XTB 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
Regulated in one or more EU or EEA countries (MiFID). info Yes No info
Tier-2 Licenses (Trusted) XTB TMGM
Kenya (CMA Authorised) info No No
Israel (ISA Authorised) info No No
South Africa (FSCA Authorised) info Yes No
UAE (DFSA/Central Bank Authorised) info Yes No
India (SEBI Authorised) info No No
Jordan (JSC Authorised) info No No
Investments XTB TMGM
Forex Trading (Spot or CFDs) info Yes Yes
Tradeable Symbols (Total) info 7184 12000
Forex Pairs (Total) info 71 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 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 info 1.00 info N/A info
All-in Cost EUR/USD - Active info 1.00 info N/A info
Active Trader or VIP Discounts info No No
Inactivity Fee info Yes Yes
Execution: Agency Broker info Yes Yes
Execution: Market Maker info Yes Yes
Funding XTB TMGM
Minimum Deposit info $0 info $100
PayPal (Deposit/Withdraw) info Yes Yes
Skrill (Deposit/Withdraw) info Yes Yes
Visa/Mastercard (Credit/Debit) info Yes Yes
Bank Wire (Deposit/Withdraw) info Yes Yes
ACH or SEPA Transfers info No No
Trading Platforms XTB TMGM
Proprietary Platform info Yes No
Desktop Platform (Windows) info Yes Yes
Web Platform info Yes Yes
Social Trading / Copy Trading info No Yes
MetaTrader 4 (MT4) info No Yes
MetaTrader 5 (MT5) info No Yes
cTrader info No No
DupliTrade info No No
ZuluTrade info No No
Trading Tools XTB TMGM
Virtual Trading (Demo) info Yes Yes
Alerts - Basic Fields info Yes Yes
Watchlists - Total Fields info 8 7
Charting - Indicators / Studies (Total) info 39 30
Charting - Drawing Tools (Total) info 32 15
Charting - Trade From Chart info Yes Yes
Charts can be saved info Yes Yes
Mobile Trading XTB 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 No No
Mobile Charting - Indicators / Studies info 39 30
Mobile Charting - Draw Trendlines info Yes Yes
Mobile Charting - Multiple Time Frames info Yes Yes
Mobile Charting - Drawings Autosave info Yes Yes
Mobile Economic Calendar info Yes Yes
Research XTB 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
TipRanks info No No
Social Sentiment - Currency Pairs info Yes Yes
Economic Calendar info Yes Yes
Education XTB TMGM
Education (Forex or CFDs) info Yes No
Client Webinars info Yes No
Client Webinars (Archived) info Yes Yes
Videos - Beginner Trading Videos info Yes No
Videos - Advanced Trading Videos info Yes No
Investor Dictionary (Glossary) info No Yes
Major Forex Pairs XTB 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 XTB Review TMGM Review
Overall XTB TMGM
Overall Rating info 5/5 Stars 4/5 Stars
Commissions & Fees 4.5/5 Stars 4/5 Stars
Range of Investments 5/5 Stars 4.5/5 Stars
Platforms & Tools 4.5/5 Stars 4/5 Stars
Mobile Trading 4.5/5 Stars 4/5 Stars
Research 5/5 Stars 3.5/5 Stars
Education 4.5/5 Stars 3.5/5 Stars
Trust Score info 96 83
Winner check_circle
Review XTB Review TMGM Review
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