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Trading 212 vs TMGM : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

Trading 212

Trading 212

VS
TMGM

TMGM

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Broker Overview

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

STP broker

ECN broker

Years of Existence / Established Year

2003

2013

Customer Base / Number of Accounts

3 million- lifetime funded account

No information


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Regulation & Security

Regulations (governing bodies)

FCA, CySEC, ASIC, FSC

ASIC, VFSC and FSC

Awards Won (count for the last 2 years)

No major awards listed

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

Security Measures

ICF

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

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


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Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

13,000+ Global stocks and ETFs

12,000 instruments including shares

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

Yes

Stocks

Yes

Yes

Options

No

No

Futures

No

Yes

Bonds

No

No

Mutual Funds

No

No

Fractional Shares

Yes

Yes

Exchange Traded Notes (ETNs)

No

No

Precious Metals

No

Yes

Real Estate Investment Trusts (REITs)

Yes

No

Equities

No

Yes


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Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

No

Yes

MT5

No

Yes

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

Trading 212 web and mobile trading platform

TMGM app

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


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Account Types & Conditions

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

Invest, CFD, Stock ISA, and cash ISA

Edge and classic account

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

No

Yes

Minimum Deposit

£1, €1, $1

$100

Leverage Available

1:30

1:100 to 1:1000

Trade Limit (maximum per trade)

Depends on the assets class

Depends on the assets type

Commission (per account type)

$0

Currency Pairs: $7 ; Precious Metals: $5

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

Beginners to experienced traders

Experienced traders


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Deposit & Withdrawal Options

Deposit Methods

Bank transfer, Instant bank transfer, Card payments, Online banking PL, Carte Bleue, Blik, Direct e-banking, e-wallets

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

Withdrawal Methods

Bank transfer, Instant bank transfer, Card payments, Online banking PL, Carte Bleue, Blik, Direct e-banking, e-wallets

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

Other E-Wallets Supported

Apple Pay, Google Pay, PayPal, iDEAL

Skrill, Neteller.SticPay, FasaPay, UnionPay


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Tools & Educational Resources

Economic Calendar

No

Yes

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

Trading Academy, Market News and Analysis, Webinars, Video Tutorial, Trading Guides and eBooks

Market analysis, Traders terminology, Trading tools


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Fees & Commissions

Trading-Related Fees

FX fees- 0.5%

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

Spread (typical, fixed, variable)

Variable

variable/floating spread

Per Lot Fees

NA

NA

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:30

1:1000


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Non-Trading Fees

Dormant Fees

$0

$30 per month after 6 months of inactivity

Subscription Fees (for premium features, data feeds)

$0

NA

Advisory Fees

NA

NA

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

NA

Account Opening Fee

NA

NA

Account Maintenance Fee

$0

NA

Deposit Fee

0.70%

$0

Currency Conversion Fee

0.15%

Charges not mentioned, May apply for non-USD deposits

Withdrawal Fee

$0

$0


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Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

No


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Trading Hours

Trading Hours (for each asset class if applicable)

pre-market session from 04:00 - 09:30 ET, regular trading from 09:30 - 16:00 ET, after-hours session from 16:00 - 20:00 ET

Depends on the assets type


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Customer Support

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

24/7

24/7

Customer Support Methods (phone, email, live chat)

Live chat, E-mail- [email protected] Phone- +447385762101

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

Support Languages

18+

15+


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Additional Information

Headquarters Location

Aldermary House, 10-15 Queen Street, London, EC4N 1TX.

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

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.
Trading 212 stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, TMGM offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
The account creation flow at Trading 212 is modern and app-driven, making it seamless for new users. TMGM, however, leans toward traditional processes with forms and verifications that take more time.
The trading interface of Trading 212 is known for its speed and ease-of-use, while TMGM shines with its customizable layouts and advanced charting capabilities, making it a strong choice for serious analysts.
If you're after professional-grade platforms, Trading 212 may be ideal. For casual investors, TMGM offers a low-barrier entry.