FXCC vs TMGM

FXCC or TMGM – which is better for UK traders 2025? Compare FXCC and TMGM in this detailed breakdown of their platforms, features and fees.

FXCC vs TMGM Comparison Table 2025
FXCC TMGM
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4.5
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3.4
FXCC is ranked #4 among CFD brokers. TMGM is ranked #50 among CFD brokers.
FXCC, a well-established brokerage since 2010, offers cost-effective online trading. Registered in Nevis and regulated by CySEC, it is distinguished by its ECN conditions and absence of a minimum deposit requirement. The account opening process is efficient, taking under five minutes. TMGM, an ASIC-regulated broker, offers a broad selection of tradeable assets, including forex, stocks, indices, cryptocurrencies, and commodities. Traders can choose between account options that feature either no commission or zero spreads, ensuring competitive pricing throughout.
Pros
  • FXCC has introduced MT5, which in our evaluations, mirrored the trading conditions of MT4 by offering swift execution, improved charting, and market depth tools.
  • FXCC offers competitive and transparent ECN spreads starting from 0.0 pips, with no commissions. This makes it one of the most cost-effective forex brokers available.
  • The complimentary education section, featuring the 'Traders Corner' blog, provides a wide array of resources suitable for traders of all experience levels.
  • There are no deposit fees other than standard cryptocurrency mining charges, which benefits active traders.
  • FXCC is a trusted and licensed broker under the regulation of CySEC, a leading European authority ensuring excellent safeguarding standards.
  • There are no limitations on short-term trading techniques such as trading and scalping.
  • Vast array of assets, featuring 10,000 international stocks.
  • A well-regulated and trustworthy brand with a strong client base.
  • Robust platform integration with MetaTrader 4, MetaTrader 5, and IRESS.
  • Low trading fees feature spreads starting from 1 pip on the classic account. For the raw spread account, enjoy zero spreads paired with a $7 round-turn commission.
  • A variety of rewards and bonuses available through a points-based loyalty programme.
  • Caters to new and time-constrained traders by offering copy trading support through HUBx.
  • Complimentary VPS for algorithmic trading.
Cons
  • FXCC's exclusive MetaTrader platform is a limitation, especially when compared to more versatile options like AvaTrade, which offers five different platforms to cater to various trader needs.
  • While the MetaTrader suite excels in technical analysis, its outdated design detracts from the overall trading experience, particularly when contrasted with contemporary platforms such as TradingView.
  • The range of research tools, such as Trading Central and Autochartist, is quite limited. Leading platforms in this category, like IG, offer more advanced features.
  • The variety of currency pairs surpasses most options, but the choice of other assets is limited. Notably, stocks are absent.
  • Unaware traders might face steep withdrawal fees, such as a notable $45 for bank transfers.
  • Shares can be traded exclusively through the IRESS account. They are not accessible via MT4 or MT5 platforms.
  • A £30 monthly fee is charged on accounts inactive for six months or with balances under £500.
Awards
  • Best STP Broker 2019 - World Finance Magazine Awards
  • Best Trading Account (XL Account) 2019 - World Finance Magazine Awards
  • Best Trading Account (XL Account) Europe 2018 - Global Banking & Finance Awards
  • Best STP Broker Europe 2018 - Global Banking & Finance Awards
  • Best Trading Account (XL Account) 2018 - JFEX Awards
  • Best MT4 Broker 2018 - JFEX Awards
  • Best Islamic Forex Broker (XL Account) 2018 - MENA Forex Show Awards
  • Best STP/ECN Forex Broker 2018 - MENA Forex Show Awards
  • Best Forex Trading Account 2017 - UK Forex Awards
FCA Regulated
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Indices, Commodities, Crypto CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes Yes
Minimum Deposit
$0 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
CySEC ASIC, FMA, VFSC
Mobile Apps
iOS & Android iOS & Android
Trading App

FXCC elevates mobile trading with the MT4 app on iPhone, iPad, and Android, perfect for traders with its reliable, advanced charting featuring 30 indicators, 9 timeframes and 3 chart types. It’s incredibly easy to dive into trading on the MT4 app through an FXCC account, with just 3 simple steps. The app offers the flexibility to trade a great selection of over 70 currency pairs and other popular markets on the go.

iOS App Rating
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rating full
4.8
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4.7
Android App Rating
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4.4
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4.6
Margin Trading
Yes 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
Yes No
ECN Account
Yes Yes
DMA Account
No Yes
MAM Account
Yes Yes
PAMM Account
Yes Yes
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
Yes Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
No Yes
Copy Trading Platform
HUBx offers copy trading, enabling investors to automatically replicate the strategies of successful traders. This is perfect for those seeking effortless entry into prominent financial markets.
Social Trading
No No
Trade Signals
Yes MT4 Expert Advisors (EAs)
VPS Hosting
Yes Yes
Tournaments
No Yes
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Inactivity Fee
$5
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
Commodities
  • Gold
  • Silver
  • Precious Metals
  • Platinum
  • Palladium
  • Oil
  • Silver
  • Oil
  • Gold
  • Platinum
  • Natural Gas
CFD
FXCC provides a modest selection of CFDs beside forex, including metals, energies, indices, and cryptos. Nevertheless, it distinguishes itself by offering high leverage of up to 1:500. This feature appeals to seasoned traders wishing to enhance their purchasing power while betting on market fluctuations. Engage in trading across a diverse array of asset classes, including forex, energies, precious metals, company shares, indices, and cryptocurrencies. This broker stands out due to its superior execution and the chance to trade using direct market access pricing.
Leverage
1:500 1:500
FTSE Spread
Variable 4.0
GBPUSD Spread<
1.0 1.4
Oil Spread
0.03 0.0
Stocks Spread
NA Variable
Forex
FXCC champions its competitive forex trading environment. ECN spreads can drop to an impressive 0.0 pips during busy trading periods. Offering more variety than many competitors, it supports over 70 currency pairs. Furthermore, traders benefit from MT4, renowned for its exceptional charting capabilities, specifically designed for forex trading. Trade over 50 forex pairs, encompassing major, minor, and exotic categories. While this selection is satisfactory, traders can opt for the appealing MT4, MT5, or IRESS platforms. With regulatory oversight from ASIC, security is ensured. The VPS is ideal for those employing automated trading strategies.
Assets
70+ 50+
GBPUSD Spread
1.0 1.4
EURUSD Spread
0.2 0.3
EURGBP Spread
0.5 0.2
Cryptocurrency
FXCC provides access to eight popular cryptocurrencies such as Bitcoin, Ethereum, and Litecoin. Traders can utilise high leverage, up to 1:10 for Bitcoin and 1:5 for other cryptocurrencies. All trading strategies are allowed, with the use of Expert Advisors (EAs) permitted. Engage in trading CFDs on 12 leading cryptocurrencies, such as BTC and ETH, paired with USD and leveraged up to 1:20. For a CFD broker, offering a dozen tokens is commendable. However, traders seeking emerging tokens might favour an exchange or specialised crypto broker.
Spread
Variable Variable
Coins
  • BTC
  • BCH
  • ETH
  • LTC
  • XMR
  • ZEC
  • DAS
  • XRP
  • 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
FXCC TMGM
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