TMGM
Webull
Basic data of broker
Recommended for Forex traders who prefer the MetaTrader platform
Recommended for Investors and traders looking for zero-commission trading and easy platforms
Best broker for IPO
Australia
USA, Hong Kong and Macao
Fees
Low trading and non-trading fees
Commission-free stock and ETF trading, low 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
6
1
Deposit type
Withdrawal type
Account opening
$100
$0
1 day
1 day
Proof of identity: national ID / passport / driver's license Proof of residency: bank statement / utility bill
Proof of identity: SSN / passport / national ID card / driver's license/tax identification number
Trading platform
Markets and products
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
Mid-range
Great
Customer service
Security
No protection
$500,000 (securities up to $500,000, cash up to $250,000) for US customers, and HKD 500,000 for securities and HKD 0 for cash in Hong Kong and China
2013
2017
Australia, Vanuatu, New Zealand
USA, Hong Kong
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.
TMGM's service is slightly weaker than Webull's and a comparison of their fees shows that TMGM's fees are slightly higher than Webull's.
Account opening takes about the same effort at TMGM compared to Webull, deposit and withdrawal processes are much more seamless at TMGM, while customer service quality is better than Webull's.
Our experts rated the trading platform of TMGM as less user-friendly than the platform of Webull, found that clients have access to slightly less markets and products with TMGM, while Webull provides somewhat better research and education.