Online brokers compared for fees, trading platforms, safety and more. See how Barclays stacks up against TMGM!
Last update of data—Jan 2023
Barclays is a UK-based bank. Barclays Smart Investor is the brokerage service provided by Barclays and regulated by the top-tier FCA.
TMGM is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
Recommended for long-term investors looking for a broker with low fees and solid background.
Recommended for forex traders who prefer the MetaTrader platform.
Barclays
Barclays is a UK-based bank. Barclays Smart Investor is the brokerage service provided by Barclays and regulated by the top-tier FCA.
Recommended for long-term investors looking for a broker with low fees and solid background.
TMGM
TMGM is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
Recommended for forex traders who prefer the MetaTrader platform.
Barclays's service is on par with TMGM's and a comparison of their fees shows that Barclays's fees are slightly higher than TMGM's.
Account opening takes more effort at Barclays compared to TMGM, deposit and withdrawal processes are about the same quality at Barclays, while customer service quality is considerably lower than TMGM's.
Our experts rated the trading platform of Barclays as much less user-friendly than the platform of TMGM, found that clients have access to slightly more markets and products with Barclays, while TMGM provides just about the same quality of research and education.
Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology.
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