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Advanced Markets vs TMGM
Both of these regulated forex brokers have built a positive reputation, and feedback from our members supports that.
That said, Advanced Markets currently holds a lower overall rating (1.9) compared to TMGM (4).
Both brokers have the same minimum deposit of 100.0.
Both platforms offer their clients demo accounts, mobile trading, scalping, MAM/PAMM.
Traders should note that
both companies offer the same minimum lot size 0.01, but Advanced Markets has a maximum lot size of 100.0, while TMGM offers 80.0.
Advanced Markets offers a lower maximum leverage of 1:500, whereas TMGM allows trading with up to 1:1000.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
If youre unsure which of these two brokers to choose, you can always explore our full list of recommended brokers here or ask for opinions from other members in Myfxbook Community.
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Overall Rating:
Platform:
Pricing:
Customer service:
Features:
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| Minimum deposit ($) | 100.0 | 100.0 |
| Commission | 0.0 | 7.0 |
| Accepting US clients? | ||
| Swap free accounts | ||
| Segregated accounts | ||
| Interest on margin | ||
| Managed accounts | ||
| Accounts for money managers (MAM, PAMM) | ||
| One click trading | ||
| API | ||
| OCO orders | ||
| Trading over the phone | ||
| Hedging allowed | ||
| Trailing stops | ||
| Mobile trading | ||
| Scalping allowed | ||
| Bonuses | ||
| Demo Accounts | ||
| Web based trading | ||
| Contests | ||
| Decimals | 5 | 5 |
| Minimum lot size | 0.01 | 0.01 |
| Maximum lot size | 100.0 | 80.0 |
| Spread | Variable | Variable |
| Broker type | STP, DMA, Prime of Prime | STP, ECN, Market Maker |
| Maximal leverage (1:?) | 500 | 1000 |
| Availability | STP, DMA, Prime of Prime | STP, ECN, Market Maker |
| Regulation | FCA (UK), ASIC (Australia) | ASIC (Australia), FMA (NZ), VFSC (Vanuatu), FSC (Mauritius) |
| Trading Platforms | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform, MT4 (via bridge), Fortex 5, Fortex 6 | MetaTrader 4 (MT4), MetaTrader 5 (MT5), Web Platform, Mobile Platform, IRESS |
| Funding/Withdrawal methods | Wire Transfer | Wire Transfer, Credit Card, Debit Card, Neteller, UnionPay, Skrill, FasaPay, AliPay, POLi, Broker to Broker |
| Account Currency | USD, GBP, EUR | USD, GBP, EUR, NZD, CAD, AUD |
| Languages | English, Spanish, French, Portuguese, Arabic, Korean | English, Spanish, French, Portuguese, Italian, Mandarin, Chinese, Indonesian, Malay, Thai, Vietnamese, Korean, Filipino |
| Country | United States | Australia |
| Trading platform(s) timezone | United Arab Emirates, China, France, Japan, United Kingdom | Australia |
| Other trading instruments | Indices, Commodities, Energies, CFDs, Precious Metals | Stocks, Futures, Indices, Commodities, Energies, Shares, CFDs, Cryptocurrency, Precious Metals |
| spreads | ||
| EUR/USD | - | - |
| GBP/USD | - | - |
| USD/JPY | - | - |
| USD/CAD | - | - |
| XAU/USD | - | - |
