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TMGM vs OKX

TMGM or OKX – which is better for UK traders 2026? Compare TMGM and OKX in this detailed breakdown of their platforms, features and fees.

TMGM vs OKX Comparison Table 2026
TMGM	OKX

3.4	4.1
TMGM is ranked #39 among CFD brokers.	OKX is ranked #3 among crypto brokers.
Review	Review
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.	Founded in 2017, OKX is a reputable cryptocurrency company, providing a comprehensive range of offerings, including trading and NFTs. It enables traders to access more than 400 crypto tokens through OTC trading and derivatives. Its excellent web platform, developer tools, and interactive charts make OKX a preferred option among technical traders.
Pros
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.	A vast array of blockchain products is available, featuring DeFi services, NFTs, and games, along with over 400 established and emerging cryptocurrencies. In 2025, OKX obtained a MiFID II licence, allowing it to offer regulated derivatives across Europe, ensuring peace of mind for traders. Access a diverse array of trading instruments, such as futures, options, and perpetual swaps, through both mobile and desktop platforms. OKX enjoys a strong reputation, serving 20 million clients worldwide and holding a licence from the Dubai Virtual Assets Regulatory Authority. Traders can obtain historical market information for both spot and futures markets, including OHLC data, aggregate trade details, and trading records. The platform offers an extensive developer lab and access to a marketplace of pre-built trading bots equipped with automatic arbitrage functionalities. Active traders benefit from competitive rates, with maker fees starting at 0.02% and taker fees at 0.05%.
Cons
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.	The firm has minimal regulatory oversight, which is typical for crypto brokers. Testing revealed that customer support quality varied. The broker's platform and features might feel intricate for beginners.
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex	Spot, futures, perpetual swaps, options
Demo Account
Yes	Yes
Minimum Deposit
$100	10 USDT
Payment Methods
Alipay Credit Card Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer	Apple Pay Banxa Credit Card Google Pay Mastercard PayPal Simplex Visa Wire Transfer
Minimum Trade
0.01 Lots	Variable
Regulator
ASIC, FMA, VFSC	VARA
Mobile Apps
iOS & Android	Android & iOS
iOS App Rating
4.7	4.6
Android App Rating
4.6	4.3
Margin Trading
Yes	Yes
MetaTrader 4
Yes	No
MetaTrader 5
Yes	No
cTrader
No	No
AlgoTrader
No	Yes
OmniTrader
No	No
TradingView
Yes	No
Autochartist
No	No
eSignal
No	No
Trading Central
Yes	No
STP Account
No	No
ECN Account
Yes	No
DMA Account
Yes	No
MAM Account
Yes	No
PAMM Account
Yes	No
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	No
Market Maker
No	No
P2P Trading
No	Yes
Spot Trading
Yes	Yes
Auto Trading
Yes	Yes
Copy Trading
Yes	No
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
MT4 Expert Advisors (EAs)
VPS Hosting
Yes	No
Tournaments
Yes	No
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	No
Account Currencies
USD EUR GBP CAD AUD NZD	USD EUR GBP INR JPY SGD RUB AED SAR
Commodities
Silver Oil Gold Platinum Natural Gas
CFD
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
FTSE Spread
4.0
GBPUSD Spread<
1.4
Oil Spread
0.0
Stocks Spread
Variable
Forex
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
50+
GBPUSD Spread
1.4
EURUSD Spread
0.3
EURGBP Spread
0.2
Cryptocurrency
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.	OKX provides an excellent range of over 400 tokens, such as Bitcoin and Ripple. Traders can engage in buying and selling tokens or engage in crypto trading on margin through derivatives like perpetual swaps, options, and futures. The platform is distinguished by its competitive fees, wide token selection, and rapid transaction processing.
Spread
Variable	Variable
Coins
BTC BCH ETH LTC XRP BNB DOT EOS LINK UNI XTZ XLM	BTC XCH ETH OKB OKT LTC DOT ADA DOGE XRP USDT ICP BCH LINK XLM ETC MATIC THETA UNI TRX EOS FIL XMR NEO USDC AAVE SHIB LUNA KSM BSC ATOM IOTA ALGO XTZ CRO MKR BTT CEL LEO WBTC WAVES KLAY DASH XEM COMP SNX ZEC DCR SUSHI SOL EGLD DAI BTG ZEN NANO KISHU
Crypto Lending
No	Yes
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

TMGM	OKX
Review	Review
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