BlackBull Markets
TMGM
Our Rating
95
71
TMGM don't provide % of clients who lose money

Regulations and Licenses

Feature
BlackBull Markets
TMGM
ASIC (Australia)
FMA (New Zealand)
FSA (Seychelles)
FSC (Mauritius)
VFSA (Vanuatu)

Brokerage

Feature
BlackBull Markets
TMGM
EUR/USD Avg. Raw Spread
0.14
0.20
GBP/USD Avg. Raw Spread
0.43
0.30
AUD/USD Avg. Raw Spread
0.30
0.10
EUR/USD Standard Spread
1.10
1.20
EUR/USD Fixed Spreads
-
GBP/USD Avg. Standard Spread
1.40
1.20
AUD/USD Avg. Standard Spread
1.20
1.0
Commissions (USD Base)
$3.00
$3.50
Minimum Deposit
$0
$100
Swap Free Account
No Inactivity Fees
Funding Methods
4+
5+
No Funding Fees

Markets and Instruments

Feature
BlackBull Markets
TMGM
Currency Pairs
72
61
Cryptocurrency CFDs*
9
12
Index CFDs
10
12
Share CFDs
26000+
12000+
Commodities CFD
21+
5
Stockbroking
23,000+
-
Retail Max Leverage (Australia)
-
Major Pairs 30:1
Minor Pairs 20:1
Pro. Max Leverage (Australia)
-
500:1
Retail Max. Leverage (With offshore regulators)
500:1
Major Pairs 200:1

*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
BlackBull Markets
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

BlackBull Markets
TMGM
Our Rating
95
71
 

Our full comparison covers the 10 most important trading factors. Here are noticeable differences between BlackBull Markets and TMGM:

  • BlackBull Markets is based in New Zealand and is known for its competitive spreads and superior execution speed.
  • BlackBull Markets offers spreads starting from 0.1 pips for RAW account holders.
  • TMGM is regulated by the Australian Securities and Investments Commission (ASIC) and the VFSC.