Pepperstone
TMGM
Our Rating
9.33
8.33
74.7% of retail investor accounts lose money when trading spread bets and CFDs with this provider
TMGM don't provide % of clients who lose money

Regulations and Licenses

Feature
Pepperstone
TMGM
ASIC (Australia)
FCA (UK)
CYSEC (Cyprus)
FMA (New Zealand)
DFSA (Dubai)
BaFin (Germany)
SCB (Bahamas)

Brokerage

Feature
Pepperstone
TMGM
EUR/USD Avg. Raw Spread
0.1
0.10
GBP/USD Avg. Raw Spread
0.6
0.42
AUD/USD Avg. Raw Spread
0.3
0.21
EUR/USD Standard Spread
1.10
1.0
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.40
1.32
AUD/USD Avg. Standard Spread
1.20
1.11
Commissions (USD Base)
$3.50
$3.50
Minimum Deposit
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
16+
5+
No Funding Fees

Markets and Instruments

Feature
Pepperstone
TMGM
Currency Pairs
62+
60+
Cryptocurrency CFDs*
12+
12+
Index CFDs
14+
15+
Share CFDs
300+
12,000+
Commodities CFD
9+
5+
Stockbroking
-
Retail Max Leverage (Australia)
Major Pairs 30:1
Minor Pairs 20:1
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
500:1
500:1
Retail Max. Leverage (The United Kingdom)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (The United Kingdom)
500:1
-
Retail Max. Leverage (Europe)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (Europe)
500:1
-
Retail Max. Leverage (UAE)
Major Pairs 30:1
Minor Pairs 20:1
-
Pro. Max. Leverage (UAE)
500:1
-
Retail Max. Leverage (Kenya)
400:1
-
Retail Max. Leverage (New Zealand)
Major Pairs 200:1
Retail Max. Leverage (With offshore regulators)
200:1
500:1

*Cryptocurrency CFDs are not available to retail traders in the UK due to FCA regulations
*CFD trading is not available in the USA due to NFA and CFTC regulations, American traders spot trade in place of CFDs.

Trading Platforms + Tools

Feature
Pepperstone
TMGM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Proprietary Platform
Automated Trading
Social + Copy Trading
Standard Stop Loss
Guaranteed Stop Loss
Demo Account

Overall

Pepperstone
TMGM
Our Rating
9.33
8.33