Gann Markets vs TMGM
Gann Markets or TMGM – which is better for UK traders 2024? Compare Gann Markets and TMGM in this detailed breakdown of their platforms, features and fees.
Gann Markets | TMGM |
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Gann Markets is ranked #91 among CFD brokers. | TMGM is ranked #58 among CFD brokers. |
Gann Markets is a forex and CFD broker founded in 2018 and based in Montenegro. The broker offers Standard and ECN accounts with access to 150+ instruments. Registered offshore in St. Vincent and the Grenadines, Gann Markets aims to offer straightforward tools and fast funding for both novices and experienced traders. | 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 | |
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Cons | |
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FCA Regulated | |
No | No |
Instruments | |
CFDs, Forex, Commodities, Cryptos, Stocks, Indices | CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex |
Demo Account | |
Yes | Yes |
Minimum Deposit | |
$100 | $100 |
Payment Methods | |
Minimum Trade | |
0.01 Lots | 0.01 Lots |
Regulator | |
SVGFSA | ASIC, FMA, VFSC |
Mobile Apps | |
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 | |
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 | |
No | Yes |
Auto Trading | |
Expert Advisors (EAs) on MetaTrader | Yes |
Copy Trading | |
Yes | Yes |
Copy Trading Platform | |
Copy trading signals available via the MT4 platform. Multiple traders and strategies can be followed. Users can also set risk management controls and retain access to their funds. | 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 | |
No | Yes |
Demo Competitions | |
No | No |
Ethical Investing | |
No | No |
Custodial Account | |
No | No |
Guaranteed Stop Loss | |
No | No |
Inactivity Fee | |
$10 | |
Islamic Account | |
Yes | Yes |
Account Currencies | |
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Commodities | |
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CFD | |
Access 5 asset classes via CFDs with commissions of $7 per round lot in the ECN account. Traders can enjoy fee-free deposit and withdrawals, ideal for active traders. Users also get reliable trading software. | 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 | |
1:400 | 1:500 |
FTSE Spread | |
17 | 4.0 |
GBPUSD Spread< | |
7 | 1.4 |
Oil Spread | |
25 | 0.0 |
Stocks Spread | |
From 1 | Variable |
Forex | |
Trade a reasonable selection of 38 currency pairs with typical spreads from 1 pip. Standard account users can start with a $0 minimum deposit and very high 1:400 leverage. | 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 | |
38 | 50+ |
GBPUSD Spread | |
7 | 1.4 |
EURUSD Spread | |
1 | 0.3 |
EURGBP Spread | |
7 | 0.2 |
Cryptocurrency | |
Trade 10 of the world's most popular digital assets including BTC/USD. Beginners can also replicate other crypto positions using the platform's copy-trading feature. | 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 | |
From 147 | Variable |
Coins | |
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Crypto Lending | |
No | No |
Crypto Mining | |
No | No |
Crypto Staking | |
No | No |
Auto Market Maker | |
No | No |
Gann Markets | TMGM |
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