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TMGM vs Interactive Investor : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

TMGM

TMGM

VS
Interactive Investor

Interactive Investor

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Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

ECN broker

None

Years of Existence / Established Year

2013

1995

Customer Base / Number of Accounts

No information

over 430,000


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Regulation & Security

Regulations (governing bodies)

ASIC, VFSC and FSC

FCA

Awards Won (count for the last 2 years)

Most Trusted Forex Broker 2024, Best Forex Trading Platform 2024, SkyLine Guide 2024 Award, Most Innovative Sports Sponsorship 2024, Brokersview Fastbull 2024 Award

Best Stocks and Shares ISA - The Times Money Mentor Awards 2024 Boring Money Best Buy ISA - AIC Shareholder Engagement Award 2024 Boring Money Best Buy Pension - AIC Shareholder Engagement Award 2024 Best online stock broker 2023 - ADVFN International Financial Awards

Security Measures

Civil Liability Insurance program for a limit of $10,000,000

FSCS

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

No


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

12,000 instruments including shares

43,000 + funds, Shares, Glits

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

No

CFDs

Yes

No

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

No

No

Futures

Yes

No

Bonds

No

Yes

Mutual Funds

No

Yes

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

Yes

Equities

Yes

No


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

No

MT5

Yes

No

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

No

Other Trading Platforms (proprietary, etc.)

TMGM app

Online ii Community - for social trading

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes only Web


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Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Edge and classic account

Trading Account SIPP Stocks & Shares ISA Junior ISA Cash Savings Managed ISA Joint Trading Account Company Account

Demo Account (Yes/No)

Yes

No

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$100

Euro 250

Leverage Available

1:100 to 1:1000

Info not available

Trade Limit (maximum per trade)

Depends on the assets type

Varies for each product

Commission (per account type)

Currency Pairs: $7 ; Precious Metals: $5

Monthly fee ISA / Trading account - £ 4.99 for investment upto £ 50,000 - £ 11.99 (no limit) SIPP - £ 5.99 for investment upto £50,000 - £12.99 (no limit) ISA + Trading Account + SIPP - £ 9.99 for investment upto £75,000 - £ 21.99 (no limit)

Best Suited For (e.g., beginners, experienced traders)

Experienced traders

Beginners


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Deposit & Withdrawal Options

Deposit Methods

Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets

Cash savings Ac - Bank transfer Debit cards Cheque Payit from Natwest

Withdrawal Methods

Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets

Bank Transfer

Other E-Wallets Supported

Skrill, Neteller.SticPay, FasaPay, UnionPay

No


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Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Market analysis, Traders terminology, Trading tools

StockScreener - Intuitive tool to explore the markets


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Fees & Commissions

Trading-Related Fees

Currency Pairs: $7 USD ; Precious Metals: $5 USD, Spread-0.0pips

UK & US shares, funds, ETFs, bonds and gilts - £3.99, Other international shares - £9.99 / £5.99 (Super Investor), Dividend reinvestment - £0.99, For value over £100,000 - 0.04% of trade value, Buying / Selling other international shares - £9.99, For value over £25,000 - 0.10% of trade value, International trading fees for super investors - £5.99

Spread (typical, fixed, variable)

variable/floating spread

Info not available

Per Lot Fees

NA

£ 3.99 per trade

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

Info not available


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Non-Trading Fees

Dormant Fees

$30 per month after 6 months of inactivity

$0

Subscription Fees (for premium features, data feeds)

NA

Super Investor plan - £ 19.99 per month Super Investor + SIPP = £29.99 per month

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

NA

Statement or Document Fee

NA

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

NA

Administrative charges Share certificate withdrawal - £ 35 + VAT - Per certificate Failed payments or late settlement - £ 25 Paper documents - £ 3 + VAT per document Contract notes sent by post - £ 1.50 + VAT per document VCTs processing charge - £ 30 per application

Deposit Fee

$0

£ 0

Currency Conversion Fee

Charges not mentioned, May apply for non-USD deposits

Value converted FX charge £ 0 - £ 24,999.99 1.5% £ 25,000 - £ 49,999.99 1.25% £ 50,000 - £ 99,999.99 1.00% £ 100,000 - £ 599,999.99 0.50% £ 600,000 or more 0.25%

Withdrawal Fee

$0

Urgent withdrawals cost - £15


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


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Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the assets type

UK- Pre-market: 7 AM - 9:30 AM After-hours: 4:05 PM - 8 PM


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Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

7.45am to 5.30pm (GMT) Monday - Friday

Customer Support Methods (phone, email, live chat)

Phone +61 2 8036 8388, Fax +61 2 8036 8388, Email [email protected], Live chat

Tel: 0345 607 6001 From abroad: +44 113 346 2309

Support Languages

15+

1


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Additional Information

Headquarters Location

100 Barangaroo Ave., Level 28, Tower One, Sydney NSW 2000, Australia.

Leeds One Embankment, Neville Street, Leeds, LS1 4DW

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
TMGM stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, interactive investor offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
TMGM makes starting out easy with a simple application, especially for retail clients. interactive investor platform, while requiring more effort to join, allows experienced traders to customize their accounts from the start.
While TMGM focuses on mobile-first design and clean user experience, interactive investor includes features like in-depth charting, integrated news feeds, and strong desktop performance.
For market veterans, TMGM brings the tools they need. New investors might find interactive investor more approachable and cost-effective.