Compare TMGM vs XM

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

TMGM vs XM
open account	Visit broker 74-89% of retail CFD accounts lose money	Visit broker 78.28% of retail CFD accounts lose money
overall rating	4.4	4.5
overall pros	Low forex fees Easy and fast account opening Free deposit and withdrawal	Low stock CFD and withdrawal fees Easy and fast account opening Great educational tools
overall cons	Slim product portfolio Limited research and educational tools No negative balance protection	Limited product portfolio Average forex and stock index CFD fees No investor protection for non-EU clients
fees	4.6 Low forex fees No withdrawal fee No inactivity fee Inactivity fee	3.8 No withdrawal fee Low stock CFD fees Inactivity fee Average FX fees
account opening	5.0 Fast Fully digital Low minimum deposit	5.0 Fast Fully digital Low minimum deposit
deposit and withdrawal	4.3 Credit/Debit card available Free withdrawal No deposit fee Minor currencies not accepted	5.0 Credit/Debit card available Several account base currencies Free wire withdrawal above $200
web trading platform	2.8 Clear fee report Good customizability (for charts, workspace) Order confirmation No two-step (safer) login No price alerts Poor design	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	3.4 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Poor design	3.4 Clear fee report Good customizability (for charts, workspace) Price alerts No two-step (safer) login Outdated design Search function could be better
markets and products	1.9 Forex CFD Crypto	2.5 Forex CFD Real stocks for clients under Belize (IFSC)
research	4.0 Trading ideas User-friendly Good set of analytical tools Good economic calendar	4.4 Trading ideas Quality news flow User-friendly No fundamental data available
customer service	4.5 Live chat Fast response time Relevant answers No 24/7 support Phone support problematic	4.0 Phone support Live chat Fast response time No 24/7 support
education	2.0 Demo account Quality educational texts in its blog No trading platform tutorial videos No educational videos No webinars	4.5 Demo account Trading platform tutorial Educational videos
safety	Regulated by the top-tier ASIC Not listed on stock exchange No investor protection by regulators	Negative balance protection Regulated by the top-tier ASIC Does not hold a banking license Not listed on stock exchange Financial information is not publicly available
recommended for	Forex traders who prefer the MetaTrader platform	Forex and CFD traders who prefer MetaTrader platforms and seek great account opening

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