Written by ForexBrokers.com
In this head to head comparison of Admirals vs TMGM, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Admirals, established in 2001, stands out with a strong trust factor in the world of online brokerage, holding a trust score of 93 as ranked by ForexBrokers.com. Admirals boasts four Tier-1 licenses, indicating a high level of reliability among financial regulators, and adds to this with three Tier-2 licenses. This deep regulatory framework positions Admirals within the "highly trusted" category. Admirals is not publicly traded and does not operate as a bank.
Founded in 2013, TMGM presents itself as a trusted player with an 83 trust score by ForexBrokers.com. TMGM holds two Tier-1 licenses, reflecting a commendable commitment to regulatory compliance. Unlike Admirals, TMGM does not possess any Tier-2 licenses, yet it remains within the "trusted" category. TMGM is also not publicly traded and functions independently of banking operations, offering users a secure online trading experience.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Year Founded | 2001 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 4 | 2 |
| Tier-2 Licenses | 3 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 1 | 2 |
When comparing online brokers, Admirals and TMGM both stand out for their competitive pricing structures in the realm of commissions and fees, though they exhibit some notable differences. Admirals offers a favorable pricing model with typical spreads of 0.8 on their Trade account. This competitive rate is also reflected in their Zero account, which delivers similar pricing benefits. Admirals has been recognized with a 4.5-star rating and ranks as #17 out of 62 brokers for their commission and fee structure, according to ForexBrokers.com.
In contrast, TMGM provides attractive commission rates specifically for its Edge account, which features low spreads and a minimal commission charge of $3.50 per side, or $7 for a round trip. While TMGM's Classic account is spread-only, the Edge account remains the favored option for those prioritizing low costs and a streamlined fee structure. Although TMGM did not provide average spread data for popular currency pairs like the EUR/USD, which is a standard practice among top brokers, it still holds a 4-star rating and is positioned at #35 in the Commissions and Fees category by ForexBrokers.com.
Both Admirals and TMGM cater to a wide array of trading needs, offering different account types to suit individual preferences, such as Islamic finance options on TMGM’s Edge account. However, Admirals tends to offer more data transparency, which is essential for those seeking to understand their overall trading costs in finer detail. Each broker provides distinct benefits in terms of commission and fee structures, making them both worthy considerations depending on your specific trading requirements.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | 0.8 | N/A |
| All-in Cost EUR/USD - Active | 0.8 | N/A |
| Active Trader or VIP Discounts | Yes | No |
| ACH or SEPA Transfers | Yes | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Admirals and TMGM both provide extensive platforms for forex trading, available as CFDs or spot contracts. While TMGM offers a larger variety of tradeable symbols, totaling 12,000 compared to Admirals' 8,702, Admirals shines with a superior selection of forex pairs, offering 82 against TMGM's 62 options. Additionally, Admirals allows clients to invest directly in exchange-traded securities on both U.S. and international exchanges, whereas TMGM lacks this capability.
Both Admirals and TMGM accommodate copy trading enthusiasts and provide access to cryptocurrency derivatives, but neither allows the purchase of actual cryptocurrencies. When evaluating the range of investments, both platforms are rated 4.5 stars, yet TMGM is ranked slightly higher, at 17th place compared to Admirals' 19th, according to ForexBrokers.com. This nuanced comparison helps potential investors decide which platform aligns better with their trading needs and investment strategies.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 8702 | 12000 |
| Forex Pairs (Total) | 82 | 62 |
| U.S. Stock Trading (Non CFD) | Yes | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
When comparing Admirals and TMGM, both brokers offer a wide range of trading platforms and tools suitable for traders of all levels. Each provides access to MetaTrader 4 and MetaTrader 5, enabling users to utilize these widely respected platforms on both Windows-based and web-based formats. Admirals stands out by having developed its own proprietary platform, offering an additional choice for its customers, whereas TMGM does not have an in-house developed platform. Both brokers offer free virtual demo accounts, allowing new traders to practice without risk.
Admirals and TMGM both provide the option for copy trading but neither supports DupliTrade or ZuluTrade. When it comes to charting, Admirals offers a noteworthy 106 drawing tools compared to TMGM's 15, potentially providing users with more flexibility in their technical analysis. Each broker offers the ability to trade directly from a chart and provides seven columns for watch lists. Admirals is rated and ranked higher in trading platforms and tools, boasting a 4-star rating and a rank of 19th out of 62 brokers, while TMGM shares the 4-star rating but is ranked 48th. This indicates a stronger endorsement for Admirals in terms of platform features and user satisfaction.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 106 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When comparing the mobile trading apps of Admirals and TMGM, both platforms offer iPhone and Android apps, which cover the essential features needed for trading on the go. Admirals and TMGM each provide stock and forex price alerts, as well as the ability to draw trendlines and view various time frames on charts. Both apps are packed with 30 technical studies to aid in decision-making, and they enable users to create watchlists with real-time quotes. However, neither broker offers syncing for watchlist symbols between the mobile app and the online account, which would allow seamless updates across platforms.
While the functionalities offered by both brokers are quite similar, there is a notable difference in their industry rankings. Admirals stands out slightly with a #23 ranking in the Mobile Trading Apps category as per ForexBrokers.com, compared to TMGM's #46 ranking. Despite this difference, both brokers are rated four out of five stars for their mobile offerings. This suggests that while both provide reliable mobile trading experiences, Admirals might have a modest edge in terms of overall app recognition in the market.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to market research, Admirals and TMGM both offer daily market commentary and access to top-tier forex news from sources like Bloomberg and Reuters. They provide similar technical analysis tools via Trading Central but lack features from Autochartist. Both brokers have sentiment-based tools for gauging trading trends and maintain comprehensive economic calendars. However, Admirals stands out by offering additional market insights through TipRanks, which isn't available through TMGM. Admirals also features tools from Acuity Trading like Signal Centre, which TMGM matches.
Admirals earns a higher research rating of 4 stars compared to TMGM's 3.5 stars. This difference in quality is also reflected in their rankings: Admirals holds the 15th position among 62 brokers on ForexBrokers.com, while TMGM is positioned at 53rd. These distinctions make Admirals a more appealing choice for traders who prioritize extensive market research resources.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | Yes | No |
| Signal Centre (Acuity Trading) | Yes | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners, Admirals stands out with an extensive range of materials. It provides more than 10 educational pieces focused on forex and CFDs, utilizing various formats such as articles, videos, and archived webinars. Admirals also hosts monthly online webinars and offers a searchable archive of these recordings. They cater to both novices and experienced traders with over 10 videos for each level, making complex trading concepts more understandable. Their educational offerings are backed by an investor dictionary with clear definitions of over 50 investing terms. Admirals is recognized for its educational efforts, earning a 4-star rating and positioning as number 12 among 62 brokers in the Education category according to ForexBrokers.com.
In contrast, TMGM provides fewer educational resources for beginners. While it does maintain a searchable archive of past webinars and an investor dictionary similar to Admirals, it lacks a wider variety of educational content. TMGM does not meet the threshold of 10 educational pieces focused on forex and CFDs and does not offer a monthly schedule of client webinars. Additionally, they offer fewer video resources tailored specifically for beginners and experienced traders. Consequently, TMGM holds a slightly lower education rating of 3.5 stars and ranks 54th out of 62 brokers in the Education category as per ForexBrokers.com.
| Feature |
Admirals
|
TMGM
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Admirals is better than TMGM. Admirals finished with an overall rank of #18, while TMGM finished with an overall rank of #37.
Traders choose Admirals for its excellent investor education and advanced MetaTrader features – such as the Supreme add-ons – alongside an extensive range of shares, forex and CFD markets, and premium research content.
| Feature |
Admirals
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TMGM
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|---|---|---|
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| Trust Score | 93 | 83 |
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Both Admirals and TMGM do not offer the ability to buy actual delivered cryptocurrency, but they do provide opportunities to invest in cryptocurrency derivatives.
When comparing online brokers Admirals and TMGM, Admirals offers a wider range of account funding options, including ACH and SEPA transfers, PayPal, Skrill, Visa or Mastercard, and bank wires, while TMGM lacks ACH and SEPA transfer options but still supports PayPal, Skrill, Visa or Mastercard, and bank wires for deposits and withdrawals.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | Admirals | TMGM | |
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| Trust Score | 93 | 83 | |
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| Review | Admirals Review | TMGM Review |
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| Regulation | Admirals | TMGM | |
|---|---|---|---|
| Trust Score | 93 | 83 | |
| Year Founded | 2001 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No | |
| Tier-1 Licenses | 4 | 2 | |
| Tier-2 Licenses | 3 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 1 | 2 |
| Tier-1 Licenses (Highly Trusted) | Admirals | TMGM | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | Yes | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | Yes | No |
| Tier-2 Licenses (Trusted) | Admirals | TMGM | |
|---|---|---|---|
| Kenya (CMA Authorised) | Yes | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | Yes | No |
| Investments | Admirals | TMGM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 8702 | 12000 | |
| Forex Pairs (Total) | 82 | 62 | |
| U.S. Stock Trading (Non CFD) | Yes | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | Admirals | TMGM | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.8 | N/A | |
| All-in Cost EUR/USD - Active | 0.8 | N/A | |
| Active Trader or VIP Discounts | Yes | No | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Admirals | TMGM | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | Yes | No |
| Trading Platforms | Admirals | TMGM | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | Admirals | TMGM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 106 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | Admirals | TMGM | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Admirals | TMGM | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | Yes | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Admirals | TMGM | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Admirals | TMGM | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | Admirals Review | TMGM Review |
| Overall | Admirals | TMGM | |
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| Trust Score | 93 | 83 | |
| Winner | check_circle | ||
| Review | Admirals Review | TMGM Review |
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