TMGM vs Trading 212 2026
By Akash · Facts last confirmed (UTC) · 45 of 50 facts confirmed on the brokers’ own pages
Trading 212 has the higher TFB Score (78/100 vs 65/100). TMGM is regulated by ASIC, VFSC, FSA; Trading 212 by FCA, CySEC, ASIC. TFB Score: TMGM 65/100, Trading 212 78/100.
TMGM is an Australian-founded CFD broker (since 2013) offering MetaTrader 4 and MetaTrader 5 with EDGE (spreads from 0.0 pips plus commission) and CLASSIC (spreads from 1.0 pips, no commission) accounts, operating through entities regulated by ASIC, the VFSC, the FSA Seychelles, the FSC Mauritius and the CMA Kenya.
Trading 212 offers commission-free CFDs through Trading 212 UK Ltd (FCA, FRN 609146), Trading 212 Markets Ltd (CySEC, 398/21) and Trading 212 AU (ASIC, AFSL 541122), on its own app and web platform, with retail negative balance protection.
75% of retail CFD accounts lose money with this provider.
Side by side
| Item | TMGM | Trading 212 |
|---|---|---|
| TFB Score | 65/100 | 78/100▲ |
| Regulation & safety | 23/351 tier-1 regulator (ASIC), client money kept apart | 35/35▲4 tier-1 regulators (FCA, CySEC, ASIC…), investor compensation |
| Fees & costs | 13/25Spreads and commission not published (counted as neutral) | 16/25▲Spreads not published (counted as neutral); no commission |
| Deposits & withdrawals | 14/20Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods | 17/20▲Minimum deposit £10, €10, $10, 8 deposit methods, 1 withdrawal method |
| Platforms & trading | 15/20▲MT4, MT5; leverage up to 1:1000 (international entities; 1:30 for the Australian entity) | 10/20Trading 212 app, Web platform; leverage up to 1:30 on major currency pairs (retail CFD account) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC | FCA, CySEC, ASIC, BaFin |
| Minimum deposit | $100 (EDGE and CLASSIC) | £10, €10, $10 |
| Spreads from | Not published | Dynamic (variable spreads; average spread per instrument published on its site) |
| Commission | Not published | Free (no trading commission) |
| Max leverage | up to 1:1000 (international entities; 1:30 for the Australian entity) | 1:30 on major currency pairs (retail CFD account) |
| Platforms | ||
| Withdrawal methods | Not published | Payment methods (back to the methods you deposited with, up to the amount deposited with each unless verified) |
| Retail accounts losing money | Not published | 75% |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: TMGM review · Trading 212 review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is TMGM or Trading 212 better?
Trading 212 has the higher TFB Score (78/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are TMGM and Trading 212 regulated?
TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Trading 212: FCA, CySEC, ASIC, BaFin. Every licence is linked to the regulator's register on each review.
Which is safer, TMGM or Trading 212?
TMGM holds 1 tier-1 licence (ASIC); Trading 212 holds 4 (FCA, CySEC, ASIC and BaFin). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
What is the minimum deposit at TMGM and Trading 212?
TMGM: $100 (EDGE and CLASSIC). Trading 212: £10, €10, $10.
Do TMGM and Trading 212 offer MetaTrader and TradingView?
TMGM: MT4, MT5. Trading 212: Trading 212 app, Web platform.
What is the maximum leverage at TMGM and Trading 212?
TMGM: up to 1:1000 (international entities; 1:30 for the Australian entity). Trading 212: 1:30 on major currency pairs (retail CFD account). Leverage depends on the company that opens your account and on your country.
More TMGM comparisons
More Trading 212 comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. At Trading 212, 75% of retail investor accounts lose money when trading CFDs with that provider. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning