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S.A.M Trade vs TMGM

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

S.A.M Trade vs TMGM Comparison Table 2024
S.A.M Trade	TMGM

3.3	3.4
S.A.M Trade is ranked #96 among CFD brokers.	TMGM is ranked #74 among CFD brokers.
Review	Review
S.A.M Trade is an STP/ECN broker that was established in 2015. The firm provides an impressive range of features and accounts to adapt to different needs, whilst its several rewards and bonus programmes will motivate traders of all levels. The company has used this ethos to obtain more than 200,000 clients and regulation from the ASIC.	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
In-person training course and tips from S.A.M Trade experts Tier-based rewards program based on trading volumes Proprietary copy trading terminal and analysis tools MetaTrader 4 integration Islamic account available Low minimum deposit	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
Limited deposit and withdrawal methods No live chat or telephone support Basic educational resources No proprietary mobile app Regulatory issues	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, Indices, Commodities, Futures, Cryptocurrencies	CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes	Yes
Minimum Deposit
$10	$100
Payment Methods
Credit Cards Debit Card Mastercard Visa Wire Transfer	Alipay Credit Cards Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSC, ASIC, FINTRAC	ASIC, FMA, VFSC
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating

Android App Rating

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
Yes	No
ECN Account
Yes	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
Yes	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
The CopySam™ system offers straightforward copy trading across accounts with 10% to 40% profit sharing and a $100 minimum investment.	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
Yes	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$50
Islamic Account
Yes	Yes
Account Currencies
USD	USD EUR GBP CAD AUD NZD
Commodities
Gold Silver Oil Natural Gas	Silver Oil Gold Platinum Natural Gas
CFD
S.A.M Trade offers a limited selection of 70 CFD products, with only two commodities and zero shares. However, we were impressed to see 17 of the world's most popular indices and leverage up to 1:500.	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
1:1000	1:500
FTSE Spread
50	4.0
GBPUSD Spread<
2.4 - 2.6	1.4
Oil Spread
5.0 cents	0.0
Stocks Spread
NA	Variable
Forex
S.A.M Trade offers 30 currency pairs and we found that all majors and most minors are offered via both STP and ECN execution systems. You can trade currency pairs on the MT4 platform with powerful charting and analysis tools.	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
30	50+
GBPUSD Spread
2.4 - 2.6	1.4
EURUSD Spread
1.7 - 2.0	0.3
EURGBP Spread
2.4 - 2.7	0.2
Cryptocurrency
S.A.M Trade supports cryptocurrencies more than most brokers we see. Traders can access 20 different DeFi instruments, including crypto-crypto pairs and crypto-fiat pairs.	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
AVE ADA BNB BCH BSV BTC DSH DOT EOS ETH LNK LTC THT TRX UNI VET XLM XMR XRP XTZ	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

S.A.M Trade	TMGM
Review	Review
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