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InstaForex vs TMGM

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

InstaForex vs TMGM Comparison Table 2025
InstaForex	TMGM

3.2	3.4
InstaForex is ranked #40 among CFD brokers.	TMGM is ranked #50 among CFD brokers.
Review	Review
InstaForex, established in 2007, is a forex and CFD brokerage. It provides extensive market access to millions of traders, featuring traditional assets such as currencies and shares. The broker also offers intriguing options like IPO investments.	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.
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone.
Pros
InstaForex provides an excellent trading environment, utilising the robust MT4 and MT5 platforms. These platforms come equipped with numerous technical analysis tools, automation features, and various order types. The broker is an excellent choice for dedicated forex traders, offering over 100 currency pairs and competitive spreads starting at 0.0 pips. Additionally, it provides a top-tier collection of forex market resources. The broker is beginner-friendly, offering low minimum deposits and commission-free trading.	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
Customer support is offered exclusively in English, Czech, Polish, and Slovak. The broker exclusively offers trading instruments as CFDs. The broker's website and client portal seem outdated, making navigation challenging for beginners.	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.
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
Currencies, Cryptocurrencies, Stocks, Indices, Metals, Oil and Gas, Commodity Futures and InstaFutures	CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Bonus
Choose between: Club Bonus, 30 %, 55 % and 100 % bonuses
Demo Account
Yes	Yes
Minimum Deposit
$1	$100
Payment Methods
Mastercard Neteller Rapid Transfer Skrill Visa Wire Transfer	Alipay Credit Cards Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.10 of the lot (0.0001 of market lot for Cent.Standard and Cent.Eurica)	0.01 Lots
Regulator
BVI FSC	ASIC, FMA, VFSC
Mobile Apps
iOS and Android + browser based platform	iOS & Android
iOS App Rating
3.6	4.7
Android App Rating
3.6	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
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
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
No	Yes
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
No	Yes
Copy Trading Platform
The Copy Trading feature at Instaforex is gaining popularity thanks to its user-friendly design and expanding roster of expert traders and markets.	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
Yes	No
Trade Signals
	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 PLN CZK	USD EUR GBP CAD AUD NZD
Commodities
Oil Gold Silver Palladium Natural Gas Copper Gasoline Cocoa Coffee Cotton Soybeans Livestock Wheat Orange Juice Platinum Sugar	Silver Oil Gold Platinum Natural Gas
CFD
Trade CFDs across diverse markets with flexible accounts and up to 1:1000 leverage. Access MT4 and MT5 platforms for executing a variety of short-term trading strategies. Utilise numerous pre-integrated technical indicators and graphical tools to enhance your trading.	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
1:30 for retail clients, 1:500 for professional	1:500
FTSE Spread
Fixed	4.0
GBPUSD Spread<
Av. Floating 0.6 pips	1.4
Oil Spread
Fixed	0.0
Stocks Spread
0.1%	Variable
Forex
InstaForex offers an extensive selection of over 100 currency pairs, a notable range in the industry. Enjoy ECN spreads starting at 0.0 pips with no commission fees. With a minimum deposit of just $1, the broker is ideal for novices. Traders also benefit from top-tier forex analysis and insights.	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
1000+	50+
GBPUSD Spread
0.6	1.4
EURUSD Spread
0.2	0.3
EURGBP Spread
0.5	0.2
Currency Indices
USD
Cryptocurrency
A variety of over 10 crypto tokens can be traded against USD, with fees of 0.1% and leverage up to 1:5. Bitcoin trading is available with spreads near 25, comparable to other brokers.	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
0.1%	Variable
Coins
BCH BTC ETH LTC XRP and50+more	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

InstaForex	TMGM
Review	Review
All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage. You should not engage in trading these instruments unless you fully understand the nature of the transactions you are entering into, and the true extent of your exposure. These types of investments may be suitable for some investors, but they are not for everyone.
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