TMGM
Webull
VS
Higher Rated
Webull
Capital at risk · T&Cs apply
In this broker comparison, we examine TMGM and Webull, highlighting their key differences to help traders make informed decisions. TMGM, established in 2013 and regulated by ASIC and FCA, caters to experienced forex and CFD traders seeking access to a wide range of over 5,000 instruments and competitive raw spreads starting at 0.0 pips. In contrast, Webull, founded in 2017 and regulated by the SEC and FCA, appeals to cost-conscious traders interested in commission-free stock and crypto trading, utilising its proprietary platforms with advanced charting tools. While TMGM requires a minimum deposit of $100 and offers high leverage up to 1:500, Webull provides a more accessible entry with no minimum deposit and a focus on US markets.
TMGM
Webull
| TMGM | Webull | |
|---|---|---|
| BrokerRank Score | 3.5/5 | 3.6/5 ✓ |
| Min. Deposit | $100 | $0 ✓ |
| Spread from | 0 pips | 0 pips |
| Max Leverage | 1:500 ✓ | 1:4 |
| Regulation | ASIC, FCA | SEC, FCA |
| Platforms | MT4, MT5 | Proprietary Web, Proprietary Mobile |
Webull is the better choice overall, scoring 3.6/5 vs 3.5/5 on BrokerRank's independent rating. On fees, TMGM offers lower spreads (0 pips).
See full side-by-side comparison belowTMGM
Webull
WinnerTMGM
Webull
Lower fees
TMGM
3.5/5
Choose TMGM if you want…
Webull
3.6/5
Choose Webull if you want…
Webull scores higher overall on our independent rating system. TMGM holds a 3.5/5 rating vs Webull's 3.6/5. The best choice ultimately depends on your trading style — see our full verdict above for a detailed breakdown.
TMGM offers spreads from 0 pips, while Webull starts at 0 pips. Check the fees section above for a full breakdown.
TMGM requires a minimum deposit of $100. Webull requires $0.
TMGM is regulated by ASIC, FCA, while Webull holds licences from SEC, FCA.
TMGM supports MT4, MT5. Webull supports Proprietary Web, Proprietary Mobile.
Yes, you can hold accounts at multiple brokers simultaneously. Many traders diversify across platforms to access different markets and tools.
Only 26% of Brokers Are Truly Fee-Free
BrokerRank Research — Hidden costs across 345 brokers
58% of Brokers Hold a Single Licence
BrokerRank Research — Regulation quality analysis
71% of Retail Traders Lose Money
BrokerRank Research — Loss rates across 50 EU brokers
76% of Brokers Use Proprietary Platforms
BrokerRank Research — MT4 vs MT5 vs proprietary
Trading involves risk. Past performance is not indicative of future results. Capital at risk. Full risk disclosure.