Online brokers compared for fees, trading platforms, safety and more. See how Interactive Brokers stacks up against TMGM!
Last update of data—Dec 2022
Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
TMGM is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.
Recommended for traders looking for broad market access and a professional trading environment.
Recommended for forex traders who prefer the MetaTrader platform.
Interactive Brokers
Interactive Brokers is a US discount broker. It is listed on a stock exchange and regulated by several authorities, including top-tier ones like the FCA and the SEC.
Recommended for traders looking for broad market access and a professional trading environment.
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.
Interactive Brokers's service is slightly better than TMGM's and a comparison of their fees shows that Interactive Brokers's fees are similar to TMGM's.
Account opening takes more effort at Interactive Brokers compared to TMGM, deposit and withdrawal processes are more complicated at Interactive Brokers, while customer service quality is somewhat lower than TMGM's.
Our experts rated the trading platform of Interactive Brokers as being of the same quality as the platform of TMGM, found that clients have access to much more markets and products with Interactive Brokers, 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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