EuroTrader vs TMGM

Eurotrader or TMGM – which is better for UK traders 2024? Compare Eurotrader and TMGM in this detailed breakdown of their platforms, features and fees.

Eurotrader vs TMGM Comparison Table 2024
Eurotrader TMGM
rating empty
rating full
2.8
rating empty
rating full
3.4
Eurotrader is ranked #97 among CFD brokers. TMGM is ranked #75 among CFD brokers.
Review
Review
EuroTrader is a CySEC-regulated CFD broker, established in 2018. The brand aims to empower and educate traders of all abilities, offering bespoke software including a copy trading app. EuroTrader customers can also trade on MT4 and MT5, with VPS connectivity, market insights and trading calculators. TMGM is an ASIC-regulated forex and CFD broker with a vast range of tradeable assets covering forex, stock, index, crypto and commodity markets. The account types on offer provide a flexible choice between no commission or zero spreads, with competitive pricing all-round.
Pros
  • Choice of account types to suit different experience levels and investment goals
  • Fee-free deposit methods, the majority offering instant processing
  • Copy trading app where you can follow the positions of other traders
  • 2000+ instruments including forex, commodities and cryptos
  • Free demo account that replicates live market conditions
  • High-quality EuroTrader Academy learning center
  • Trusted broker regulated by the CySEC
  • Commission-free trading accounts
  • Access to MetaTrader software
  • Islamic-friendly trading
  • Huge range of assets including 10,000 global stocks
  • Well-regulated and reputable brand with a solid client base
  • Excellent platform support with MetaTrader 4, MetaTrader 5 and IRESS
  • Low trading fees with spreads from 1 pip on the classic account and from zero with $7 round-turn commissions on the raw spread account
  • Good range of rewards and bonuses offered through a points-based loyalty system
  • Accommodates new and time-poor traders with copy trading support from HUBx
  • Free VPS for automated trading
Cons
  • Withdrawals take up to five days - slower than many alternatives
  • US traders not accepted
  • CFD trading only
  • Shares are only available on the IRESS account, and not tradeable via MT4 and MT5
  • $30 fee levied monthly on accounts which are inactive for 6 months or have a balance below $500
FCA Regulated
Yes No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Stocks, Cryptos, Commodities CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes Yes
Minimum Deposit
$50 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC, FINMA, FSCA, FCA ASIC, FMA, VFSC
Mobile Apps
iOS & Android iOS & Android
iOS App Rating
rating empty
rating empty
Android App Rating
rating empty
rating empty
Margin Trading
No Yes
MetaTrader 4
Yes Yes
MetaTrader 5
Yes Yes
cTrader
No No
AlgoTrader
No No
OmniTrader
No No
TradingView
No Yes
Autochartist
No No
eSignal
No No
Trading Central
No Yes
STP Account
No No
ECN Account
No Yes
DMA Account
No Yes
MAM Account
No Yes
PAMM Account
No Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Yes
Copy Trading
Yes Yes
Copy Trading Platform
Copy trading is available through HUBx, a service designed to help investors automatically mirror the positions of successful traders. This is ideal if you want hands-off access to popular financial markets.
Social Trading
No No
Trade Signals
Yes MT4 Expert Advisors (EAs)
VPS Hosting
No Yes
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
Commodities
  • Silver
  • Silver
  • Oil
  • Gold
  • Platinum
  • Natural Gas
CFD
EuroTrader offers leveraged CFDs on a large suite of 2000+ instruments with MT4/MT5 access. Trade with high leverage up to 1:500 and choice of pricing models, alongside 24/5 customer support. Trade CFDs on a broad range of asset classes including forex, energies, precious metals, company shares, indices and cryptos. The excellent trade execution and opportunity to trade with direct market access pricing sets this broker apart from rivals.
Leverage
1:500 1:500
FTSE Spread
6 4.0
GBPUSD Spread<
0.7 1.4
Oil Spread
3 0.0
Stocks Spread
Variable Variable
Forex
Trade 50+ major, minor and exotic currency pairs including EUR/USD and USD/JPY. Invest commission-free on the Micro Account with average spreads of 1.2 pips and a low $50 minimum deposit. Trade 50+ forex pairs, including popular major, minor and exotic pairs. This is a decent selection, but traders will have a choice between the attractive MT4, MT5 or IRESS platforms and regulatory cover from ASIC. The VPS will also suit automated forex trading strategis.
Assets
59 50+
GBPUSD Spread
0.7 1.4
EURUSD Spread
0.2 0.3
EURGBP Spread
0.6 0.2
Cryptocurrency
Trade 17 cryptocurrency CFDs including Bitcoin and Ethereum with a 50% margin rate. Commission fees apply from 0.5%, which are reasonable but now the lowest. Trade CFDs on 12 major cryptocurrencies including BTC and ETH in pairs with USD and with leverage up to 1:20. The dozen tokens on offer is very respectable for a CFD broker, though crypto traders looking for emerging tokens will prefer an exchange or dedicated crypto broker.
Spread
Variable Variable
Coins
  • BTC
  • ETH
  • LTC
  • BCH
  • BNB
  • BAT
  • DASH
  • EOS
  • ETC
  • IOT
  • NEO
  • OMG
  • TRX
  • XLM
  • XMR
  • XRP
  • ZEC
  • BTC
  • BCH
  • ETH
  • LTC
  • XRP
  • BNB
  • DOT
  • EOS
  • LINK
  • UNI
  • XTZ
  • XLM
Crypto Lending
No No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
Eurotrader TMGM
Review
Review
More Comparisons
Eurotrader
vs

 TMGM
vs