Comdirect vs TMGM compared

Online brokers compared for fees, trading platforms, safety and more. See how Comdirect stacks up against TMGM!

Comdirect
TMGM
68% of retail CFD accounts lose money

Last update of dataNov 2022

Comdirect

Comdirect is a German investment bank offering online banking and brokerage services.

Recommended for investors speaking German and focusing on European securities.

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.

Comdirect's service is on par with TMGM's and a comparison of their fees shows that Comdirect's fees are higher than TMGM's.

Account opening takes more effort at Comdirect compared to TMGM, deposit and withdrawal processes are somewhat more complicated at Comdirect, while customer service quality is somewhat lower than TMGM's.

Our experts rated the trading platform of Comdirect as somewhat better than the platform of TMGM, found that clients have access to much more markets and products with Comdirect, while TMGM provides just about the same quality of research and education.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

Basic data of broker

Overall Score
4.2

Recommended for Investors speaking German and focusing on European securities

Overall Score
4.3

Recommended for Forex traders who prefer the MetaTrader platform

Country of origin

Germany

Country of origin

Australia

Fees

Fees score
2.3
Fees score
4.4
Fees summary

High trading fees, low non-trading fees, no withdrawal fee

Fees summary

Low trading and non-trading fees

Stock and ETF fees

Forex fees

Fund fees

Bond fees

Options fees

Futures fees

CFD fees

Non-trading fees

Deposit and withdrawal

Deposit and withdrawal score
3.5
Deposit and withdrawal score
4.3
Number of base currencies

12

Number of base currencies

6

Deposit type

Withdrawal type

Account opening

Account opening score
2.8
Account opening score
5.0
Account opening fully online
Account opening fully online
Minimum deposit
*

$0

*
Minimum deposit
*

$100

*
Time to open account

>3 days

Time to open account

1 day

Required documents
*

Proof of identity: personal ID / passport / driver's licence / video identification Proof of residence: utility bill / bank statement / video identification

*
Required documents

Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill

Trading platform

Web platform score
4.4
Web platform score
2.8
Mobile platform score
4.7
Mobile platform score
3.8
Desktop platform score
3.5
Desktop platform score
3.4

Markets and products

Markets and products score
5.0
Markets and products score
2.2
Stocks
Stocks
Fractional shares
Fractional shares
ETFs
ETFs
Forex
Forex
Funds
Funds
Bonds
Bonds
Options
Options
Futures
Futures
Crypto
*
*
Crypto
*
*
CFDs
CFDs
CFD disclaimer

Disclaimer: 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

Research, education

Research score
4.0
Research score
4.0
Charting quality

Great

Charting quality

Mid-range

Education score
5.0
Education score
3.0
Demo account
Demo account

Customer service

Customer service score
3.9
Customer service score
5.0
Phone
Phone
Live chat
Live chat
Email
Email
24/7 availability
24/7 availability

Security

Investor protection amount

€100,000 for cash deposits and €20,000 for securities

Investor protection amount

No protection

Banking background
Banking background
Listed on stock exchange
Listed on stock exchange
Foundation date

1994

Foundation date

2013

Country of regulation

Germany

Country of regulation

Australia, Vanuatu, New Zealand

Comdirect

For detailed information and hands-on experience, read our review of this broker.

TMGM

For detailed information and hands-on experience, read our review of this broker.

*Data marked with an asterisk contain additional info, expand the relevant sections below to see details.

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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