NordFX vs TMGM
NordFX or TMGM – which is better for UK traders 2025? Compare NordFX and TMGM in this detailed breakdown of their platforms, features and fees.
| NordFX | TMGM |
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| NordFX is ranked #23 among CFD brokers. | TMGM is ranked #50 among CFD brokers. |
| Established in 2008, NordFX is an offshore CFD brokerage catering to over 1.7 million clients across 190 countries. It provides trading opportunities in forex, stocks, commodities, indices, and cryptocurrencies. Traders use the MT4 and MT5 platforms, benefiting from zero spreads and minimal commissions. The company offers significant leverage of up to 1:1000, with initial deposits starting at just $10. | 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 | |
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| Cons | |
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| Awards | |
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| FCA Regulated | |
| No | No |
| Instruments | |
| Forex, CFDs, indices, commodities, cryptos, stocks | CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex |
| Demo Account | |
| Yes | Yes |
| Minimum Deposit | |
| $10 | $100 |
| Payment Methods | |
| Minimum Trade | |
| $1 | 0.01 Lots |
| Regulator | |
| ASIC, FMA, VFSC | |
| Mobile Apps | |
| iOS & 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 | |
| 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 | |
| No | Yes |
| Market Maker | |
| No | No |
| P2P Trading | |
| No | No |
| Spot Trading | |
| Yes | Yes |
| Auto Trading | |
| Expert Advisors (EAs) on MetaTrader | Yes |
| Copy Trading | |
| Yes | Yes |
| Copy Trading Platform | |
| Follow seasoned traders by mirroring their moves with real-time alerts. A fee of at least 10% applies to profitable trades. New users can begin with an attractive minimum deposit of just $100. | 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 | |
| Yes (via MetaQuotes Software Corp - MT4) | MT4 Expert Advisors (EAs) |
| VPS Hosting | |
| Yes | Yes |
| Tournaments | |
| No | Yes |
| Demo Competitions | |
| Yes | No |
| Ethical Investing | |
| No | No |
| Custodial Account | |
| No | No |
| Guaranteed Stop Loss | |
| No | No |
| Islamic Account | |
| No | Yes |
| Account Currencies | |
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| Commodities | |
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| CFD | |
| CFDs can be traded on a variety of assets, including forex, stocks, indices, metals, oil, and cryptocurrencies. Traders have access to MT4 and MT5 platforms, ensuring broad support. Execution times are efficient, with averages around 0.5 seconds. Additionally, a VPS service is available to provide continuous connectivity for algorithmic strategies. | 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 | |
| 1:1000 | 1:500 |
| FTSE Spread | |
| - | 4.0 |
| GBPUSD Spread< | |
| 0.1 | 1.4 |
| Oil Spread | |
| 0.0 | 0.0 |
| Stocks Spread | |
| 0.0 | Variable |
| Forex | |
| NordFX provides a limited selection of over 30 major and minor forex pairs. Unfortunately, it does not include any exotic pairs. However, traders benefit from competitive tight spreads starting at 0.0 pips and low commissions from 0.0035% per side. Additionally, the platform offers valuable weekly forecasts on key forex pairs such as EUR/USD. | 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 | |
| 30+ | 50+ |
| GBPUSD Spread | |
| 0.4 | 1.4 |
| EURUSD Spread | |
| 0.0 | 0.3 |
| EURGBP Spread | |
| 0.2 | 0.2 |
| Cryptocurrency | |
| NordFX provides 13 cryptocurrency CFDs, paired with USD, such as BTC, DOGE, LINK, and ETH. While the range is limited, traders can benefit from high leverage up to 1:1000. Additionally, a crypto-based savings account offers daily interest payouts. | 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 | |
| From 1.0 | Variable |
| Coins | |
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| Crypto Lending | |
| No | No |
| Crypto Mining | |
| No | No |
| Crypto Staking | |
| No | No |
| Auto Market Maker | |
| No | No |
| NordFX | TMGM |
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