Compare Swissquote vs TMGM


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

Swissquote vs TMGM
overall rating
4.7
4.4
overall pros
  • Access to many markets and products
  • No inactivity fee
  • Rock-solid background
  • Low forex fees
  • Easy and fast account opening
  • Free deposit and withdrawal
overall cons
  • High trading fees
  • Confusing trading platform selection
  • Some research tools are not free
  • Slim product portfolio
  • Limited research and educational tools
  • No negative balance protection
fees
2.4
  • Low fund fees
  • No inactivity fee
  • High stock and ETF fees
  • High bond fees
4.6
  • Low forex fees
  • No withdrawal fee
  • No inactivity fee
  • Inactivity fee
account opening
4.0
  • Fully digital
  • No minimum deposit for trading account
  • Long wait times
  • Forex and robo-advisor accounts have high minimum deposit
5.0
  • Fast
  • Fully digital
  • Low minimum deposit
deposit and withdrawal
4.6
  • Credit/Debit card available
  • Several account base currencies
  • Swiss entity charges withdrawal and deposit fees
4.3
  • Credit/Debit card available
  • Free withdrawal
  • No deposit fee
  • Minor currencies not accepted
web trading platform
4.3
  • Clear fee report
  • Two-step (safer) login
  • Good search function
  • Easy to get lost among functions
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
4.7
  • User-friendly
  • Good search function
  • Price alerts
  • No advanced search filters
3.8
  • User-friendly
  • Good search function
  • Price alerts
  • No two-step (safer) login
  • No Touch/Face ID login
desktop trading platform
3.4
  • 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
5.0
  • Stock
  • ETF
  • Forex
  • Fund
  • Bond
  • Options
  • Futures
  • CFD
  • Crypto
  • Themes trading
  • Robo-advisory
1.9
  • Forex
  • CFD
  • Crypto
research
3.3
  • Good interactive chart
  • Trading ideas
  • Quality news flow
  • Limited fundamental data
  • Recommendations are not structured
4.0
  • Trading ideas
  • User-friendly
  • Good set of analytical tools
  • Good economic calendar
customer service
4.4
  • Phone support
  • Live chat
  • Fast response time
  • No 24/7 support
  • Email answers are not always relevant
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
2.0
  • Demo account
  • Quality educational texts in its blog
  • No trading platform tutorial videos
  • No educational videos
  • No webinars
  • Majority of clients belong to a top-tier financial authority
  • Banking background
  • Listed on stock exchange
  • Regulated by the top-tier ASIC
  • Not listed on stock exchange
  • No investor protection by regulators
recommended for Affluent investors who value safety and are OK with higher fees Forex traders who prefer the MetaTrader platform
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