Basic data of broker
Recommended for Traders interested in social trading (i.e. copying other investors’ trades) and zero-commission stock trading
Best broker for beginners
Recommended for Forex traders who prefer the MetaTrader platform
Israel
Australia
Fees
Low trading fees, high non-trading fees, free stock and ETF trading
Low trading and non-trading fees
Stock and ETF fees
Forex fees
Fund fees
Bond fees
Options fees
Futures fees
Crypto fees
CFD fees
Non-trading fees
Deposit and withdrawal
1
6
Deposit type
Withdrawal type
Account opening
$50
$100
1 day
1 day
Proof of identity: passport / personal ID Proof of residency: utility bill
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Trading platform
Markets and products
Disclaimer: 77% 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.
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
Great
Mid-range
Customer service
Security
£85k to UK, €20k to EU, $500k (cash up to $250k) to US clients
No investor protection
£85k to UK, €20k to EU, $500k (cash up to $250k) to US clients
No investor protection
2007
2013
UK, Cyprus, Australia
Australia, Vanuatu, New Zealand
For detailed information and hands-on experience, read our review of this broker.
For detailed information and hands-on experience, read our review of this broker.
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.
eToro's service is slightly better than TMGM's and a comparison of their fees shows that eToro's fees are slightly lower than TMGM's.
Account opening takes about the same effort at eToro compared to TMGM, deposit and withdrawal processes are somewhat more complicated at eToro, while customer service quality is somewhat lower than TMGM's.
Our experts rated the trading platform of eToro as better than the platform of TMGM, found that clients have access to much more markets and products with eToro, while TMGM provides somewhat better research and education.