Compare Interactive Brokers vs TMGM

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

Interactive Brokers vs TMGM
open account	Visit broker	Visit broker 74-89% of retail CFD accounts lose money
overall rating	4.9	4.3
overall pros	Low trading fees Wide range of products Many great research tools	Low forex fees Easy and fast account opening Free deposit and withdrawal
overall cons	Complicated account opening process Complex desktop trading platform High forex fees	Slim product portfolio Limited research and educational tools No negative balance protection
fees	4.2 Low trading fees Free stock and ETF trading for US clients Low margin rates Inactivity fee	4.6 Low forex fees No withdrawal fee No inactivity fee
account opening	3.4 Fully digital No minimum deposit for most account types Not user-friendly Confusing messages throughout the process	5.0 Fast Fully digital Low minimum deposit
deposit and withdrawal	3.5 No deposit fee Several account base currencies First withdrawal each month free Credit/Debit card not available	4.3 Credit/Debit card available Free withdrawal No deposit fee Minor currencies not accepted
web trading platform	4.5 User-friendly Clear fee report Two-step (safer) login Limited customizability (for charts, workspace)	2.8 Clear fee report Good customizability (for charts, workspace) Order confirmation No two-step (safer) login No price alerts Poor design
mobile trading platform	3.8 Two-step (safer) login Good search function Good variety of order types User interface is a bit complex	3.8 User-friendly Good search function Price alerts No two-step (safer) login No Touch/Face ID login
desktop trading platform	3.0 Clear fee report Good customizability (for charts, workspace) Good variety of order types Not user-friendly Poor search function Too complex for beginners	3.4 Clear fee report Good customizability (for charts, workspace) Price alerts No two-step (safer) login Poor design
markets and products	5.0 Stock ETF Forex Fund Bond Options Futures CFD Crypto Warrants Structured Products	1.9 Forex CFD Crypto
research	3.5 Good interactive chart Trading ideas Data on asset fundamentals Not user-friendly	1.5 Strategy Tester for automated trading No trading ideas No fundamental data available No/poor quality news flow
customer service	3.4 Phone support Live chat Relevant answers No 24/7 support Slow support	4.5 Live chat Fast response time Relevant answers No 24/7 support Phone support problematic
education	4.5 Demo account Trading platform tutorial Educational videos Courses only available after registration	1.5 Demo account No trading platform tutorial videos No educational videos No webinars
safety	Listed on stock exchange Negative balance protection Regulated by top-tier financial authorities	Regulated by the top-tier ASIC No negative balance protection Not listed on stock exchange No investor proection by regulators
recommended for	Traders looking for low fees and a professional trading environment	Forex traders who prefer the MetaTrader platform

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