Gann Markets vs TMGM

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

Gann Markets vs TMGM Comparison Table 2024
Gann Markets TMGM
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3
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3.4
Gann Markets is ranked #96 among CFD brokers. TMGM is ranked #74 among CFD brokers.
Gann Markets is a forex and CFD broker founded in 2018 and based in Montenegro. The broker offers Standard and ECN accounts with access to 150+ instruments. Registered offshore in St. Vincent and the Grenadines, Gann Markets aims to offer straightforward tools and fast funding for both novices and experienced traders. 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
  • PAMM solution
  • Free demo account
  • MetaTrader 4 platform
  • Flexible leverage up to 1:400
  • Welcome bonuses and promotions
  • ECN account for experienced traders
  • Deposit and withdraw in under 5 minutes
  • Multiple deposit and withdrawal methods
  • Competitive pricing with tight spreads and low to zero commissions
  • 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
  • Poor educational resources
  • Offshore regulatory oversight
  • Clients from the USA not accepted
  • Small asset universe compared to competitors
  • 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
No

List of FCA Regulated Brokers

No

List of FCA Regulated Brokers

Instruments
CFDs, Forex, Commodities, Cryptos, Stocks, Indices CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes Yes
Minimum Deposit
$100 $100
Payment Methods
Minimum Trade
0.01 Lots 0.01 Lots
Regulator
SVGFSA ASIC, FMA, VFSC
Mobile Apps
Android iOS & Android
iOS App Rating
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Android App Rating
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Margin Trading
Yes Yes
MetaTrader 4
Yes Yes
MetaTrader 5
No 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
Yes Yes
DMA Account
No Yes
MAM Account
No 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
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
No Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader Yes
Copy Trading
Yes Yes
Copy Trading Platform
Copy trading signals available via the MT4 platform. Multiple traders and strategies can be followed. Users can also set risk management controls and retain access to their funds. 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
MT4 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
Inactivity Fee
$10
Islamic Account
Yes Yes
Account Currencies
  • USD
  • EUR
  • GBP
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
  • NZD
Commodities
  • Gold
  • Silver
  • Oil
  • Natural Gas
  • Palladium
  • Platinum
  • Silver
  • Oil
  • Gold
  • Platinum
  • Natural Gas
CFD
Access 5 asset classes via CFDs with commissions of $7 per round lot in the ECN account. Traders can enjoy fee-free deposit and withdrawals, ideal for active traders. Users also get reliable trading software. 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
1:400 1:500
FTSE Spread
17 4.0
GBPUSD Spread<
7 1.4
Oil Spread
25 0.0
Stocks Spread
From 1 Variable
Forex
Trade a reasonable selection of 38 currency pairs with typical spreads from 1 pip. Standard account users can start with a $0 minimum deposit and very high 1:400 leverage. 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
38 50+
GBPUSD Spread
7 1.4
EURUSD Spread
1 0.3
EURGBP Spread
7 0.2
Cryptocurrency
Trade 10 of the world's most popular digital assets including BTC/USD. Beginners can also replicate other crypto positions using the platform's copy-trading feature. 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
From 147 Variable
Coins
  • BTC
  • ETH
  • XMR
  • ZEC
  • BCH
  • DOGE
  • DOT
  • EOS
  • TRX
  • ADA
  • 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
Gann Markets TMGM
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