Compare Pepperstone vs TMGM


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

Pepperstone vs TMGM
overall rating
4.4
4.3
overall pros
  • Fast and fully digital account opening
  • Great customer service
  • Seamless and free deposit and withdrawal
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
overall cons
  • Only forex and CFDs
  • Basic news flow
  • No investor protection for clients outside the EU&UK
  • Slim product portfolio
  • Limited research and educational tools
  • No negative balance protection
fees
3.7
  • No withdrawal fee
  • No inactivity fee
  • High costs for holding positions overnight
4.5
  • Low forex fees
  • No withdrawal fee
  • No inactivity fee
account opening
5.0
  • Fast
  • Fully digital
  • No minimum deposit
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.3
  • Credit/Debit card available
  • No deposit fee
  • Several account base currencies
  • High bank withdrawal fee for clients outside the EU/Australia
4.3
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Minor currencies not accepted
web trading platform
2.8
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Order confirmation
  • No two-step (safer) login
  • No price alerts
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
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.3
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
3.4
  • Clear fee report
  • Good customizability (for charts, workspace)
  • Price alerts
  • No two-step (safer) login
  • Poor design
markets and products
1.7
  • Forex
  • CFD
  • Crypto
1.9
  • Forex
  • CFD
  • Crypto
research
3.3
  • Trading ideas
  • Daily market analysis
  • Newsflow is basic within MetaTrader
  • No fundamental data available
1.5
  • Strategy Tester for automated trading
  • No trading ideas
  • No fundamental data available
  • No/poor quality news flow
customer service
4.5
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
4.5
  • Live chat
  • Fast response time
  • Relevant answers
  • No 24/7 support
  • Phone support problematic
education
5.0
  • Demo account
  • Trading platform tutorial
  • Educational videos and webinars
1.5
  • Demo account
  • No trading platform tutorial videos
  • No educational videos
  • No webinars
  • Majority of clients belong to a top-tier financial authority
  • Negative balance protection for EU&UK clients
  • Does not hold a banking license
  • Not listed on stock exchange
  • Financial information is not publicly available
  • Regulated by the top-tier ASIC
  • No negative balance protection
  • Not listed on stock exchange
  • No investor proection by regulators
recommended for Forex traders looking for great account opening and customer service Forex traders who prefer the MetaTrader platform
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