Written by ForexBrokers.com
In this head to head comparison of TMGM vs Earn, 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.
Founded in 2013, TMGM is a young player in the online brokerage space, while Earn has been around since 1994, giving it a longer history in the industry. Neither company is publicly traded or operates as a bank, which might influence your decision depending on your preference for public accountability or banking affiliation.
When it comes to regulatory standing, TMGM holds two Tier-1 licenses, ensuring a higher level of trust for its users according to ForexBrokers.com. In contrast, Earn has one Tier-1 license. With a Trust Score of 83, TMGM falls into the trusted category, whereas Earn, with a Trust Score of 71, represents an average risk. Neither broker holds any Tier-2 licenses, further establishing the importance of their Tier-1 credentials in assessing their reliability.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Year Founded | 2013 | 1994 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
When comparing the online brokers TMGM and Earn for commissions and fees, TMGM stands out with its competitive pricing, especially with its Edge account. TMGM offers two account types: the Classic account, which operates on a spread-only basis, and the Edge account, which is commission-based. The Edge account is popular among traders due to its combination of low spreads and a manageable commission fee of $3.50 per side, or $7 per round trip. Although recent average spread data for EUR/USD was unavailable, TMGM has been rated 4 stars in the commissions and fees category and ranks #35 out of 62 brokers on ForexBrokers.com.
Earn, on the other hand, does not provide transparency regarding its average spread data, which can make it challenging for traders to evaluate their potential costs effectively. Rated similarly with 4 stars for commissions and fees, Earn holds a lower ranking position, coming in at #46 out of 62 brokers according to ForexBrokers.com. This lack of available data on spread averages might impact some traders' ability to make informed decisions about their overall trading costs.
Both brokers cater to different needs, but TMGM's offering of an Edge account with disclosed commission costs and its position higher in rankings indicate a potential edge over Earn. Islamic finance clients requiring Sharia-compliant accounts can opt for TMGM's Edge account, which is designed to be interest-free, providing an additional option for clients adhering to specific financial principles.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing TMGM to Earn, TMGM stands out with a broader range of investment options. Both platforms provide access to forex trading via CFDs or spot contracts, but TMGM offers a significantly larger selection of tradeable symbols, boasting 12,000 compared to Earn's 500. In terms of forex pairs, TMGM also holds a slight edge with 62 pairs, just one more than Earn's 61. Despite neither broker allowing the purchase of actual exchange-traded securities on U.S. or international exchanges, both TMGM and Earn support copy trading, which can be appealing for users interested in following experienced traders. Additionally, while neither offers the ability to buy delivered cryptocurrencies, they both facilitate trading in cryptocurrency derivatives.
Overall, TMGM receives a higher rating of 4.5 stars in the Range of Investments category, compared to Earn's 3.5 stars. This difference is further reflected in their rankings by ForexBrokers.com, where TMGM is placed at #17, a considerably better position than Earn's #45 out of 62 brokers. Therefore, for those seeking a wide array of investment opportunities, TMGM may be the more preferable option between the two.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12000 | 500 |
| Forex Pairs (Total) | 62 | 61 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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.
Both TMGM and Earn provide a comprehensive trading experience for users with their wide range of features. Both platforms offer simulated trading accounts, making it easy for beginners to practice without any financial risk. While neither company has developed their own custom trading platform, they do offer popular options like MetaTrader 4 and MetaTrader 5. Users of both brokers can take advantage of Windows-based and web-based platforms for convenient access. When it comes to copy trading, both TMGM and Earn support it, although Earn adds extra functionality with the inclusion of ZuluTrade. Both platforms enable traders to execute trades directly from stock charts, using a selection of 15 drawing tools for charting analysis.
Regarding watch lists, TMGM and Earn both provide seven columns for organizing fields, facilitating personalized monitoring of market trends. They each have been rated four stars out of five for their trading platforms and tools, reflecting solid user satisfaction. However, TMGM ranks slightly higher, standing at 48th place compared to Earn's 51st position among 62 brokers evaluated by ForexBrokers.com. This ranking might influence traders who value an overall evaluation score when selecting their platform. In conclusion, both brokers offer strong functionalities, though TMGM edges slightly ahead in rankings, potentially making it a more appealing choice for some traders.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | Yes |
| Charting - Indicators / Studies (Total) | 30 | 35 |
| Charting - Drawing Tools (Total) | 15 | 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 TMGM and Earn, both brokers are equipped to cater to iPhone and Android users. They provide stock and forex price alerts, essential for keeping traders informed on the go. In terms of charting capabilities, TMGM offers 30 technical studies, slightly fewer than Earn’s 35, but both allow traders to draw trendlines and view multiple time frames such as daily, weekly, or intraday. Additionally, any chart drawings are automatically saved, preserving your analytical work.
While neither TMGM nor Earn supports watchlist symbol syncing, both offer the ability to create a watchlist with real-time quotes, keeping you updated with the latest market data. Both apps boast a solid four-star rating for mobile trading, though Earn is positioned higher at #26 compared to TMGM's #46 ranking according to ForexBrokers.com in the Mobile Trading Apps category. Despite minor differences in charting tools and rankings, both brokers provide reliable options for trading on the move.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 35 |
| 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, both TMGM and Earn offer daily market commentary and access to forex news from leading sources like Bloomberg and Reuters. However, their technical analysis tools differ. TMGM provides access to Trading Central tools, including Technical Analytics, and offers a sentiment-based trading tool to gauge market positions, features that Earn lacks. On the other hand, neither broker has integrated Autochartist tools into their platforms, nor do they offer market research from TipRanks.
TMGM also stands out with offerings from Acuity Trading, such as Signal Centre, which is not available with Earn. Both brokers offer economic calendars to keep traders informed about global economic events. Although their overall research offerings are similar with a 3.5-star rating by ForexBrokers.com, Earn slightly edges out TMGM in ranking, coming in at #38 compared to TMGM's #53 among 62 brokers. This suggests that while both platforms are competitive, Earn may have a slight edge in the research category as per this ranking platform.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | No |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available from online brokers TMGM and Earn, there are several factors to consider for those new to trading. Neither broker offers a significant library of educational pieces, such as articles or videos, specifically focused on forex or CFDs. Similarly, both do not provide monthly educational webinars for clients, which could be a setback for beginners seeking live guidance. However, TMGM stands out by offering a searchable archive of previously recorded webinars, a feature not available with Earn. This can be a valuable resource for those who prefer learning at their own pace. Additionally, TMGM provides an extensive investor dictionary with over 50 investing terms, helping newcomers grasp essential concepts. In contrast, Earn does not offer this feature.
While both brokers are similarly rated at 3.5 stars for education, TMGM has a slight edge in its ranking by ForexBrokers.com, holding the #54 spot out of 62 brokers, as compared to Earn's #61 ranking. This may suggest that despite limited educational offerings, TMGM provides better support for beginners' informational needs compared to Earn. However, for those seeking a more comprehensive educational experience as a novice trader, exploring other broker options with more extensive learning materials and features may be advisable.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Education (Forex or CFDs) | No | No |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | No |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that TMGM is better than Earn. TMGM finished with an overall rank of #37, while Earn finished with an overall rank of #50.
TMGM stands out for its impressive education toolset, though it still trails behind the best brokers in most categories. TMGM offers a small range of markets via the MetaTrader 4 (MT4) platform. While primarily a MetaTrader broker, it also offers the more exclusive IRESS platform – though the platform-specific requirements will limit who can use it.
| Feature |
TMGM
|
Earn
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 71 |
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Both TMGM and Earn do not provide the option to purchase actual, delivered cryptocurrency, but they each offer the ability to invest in cryptocurrency derivatives instead.
When comparing online brokers TMGM and Earn, both offer Skrill, Visa, Mastercard, and bank wires as deposit and withdrawal options, but TMGM additionally supports PayPal, whereas neither supports ACH or SEPA transfers.
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 | TMGM | Earn | |
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| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
| Review | TMGM Review |
| Broker Screenshots | TMGM | Earn | |
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| Regulation | TMGM | Earn | |
|---|---|---|---|
| Trust Score | 83 | 71 | |
| Year Founded | 2013 | 1994 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | TMGM | Earn | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | No | |
| Canada (CIRO Authorised) | No | 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) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | TMGM | Earn | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | TMGM | Earn | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12000 | 500 | |
| Forex Pairs (Total) | 62 | 61 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | TMGM | Earn | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | TMGM | Earn | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | TMGM | Earn | |
|---|---|---|---|
| Proprietary Platform | No | 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 | Yes |
| Trading Tools | TMGM | Earn | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 35 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | TMGM | Earn | |
|---|---|---|---|
| 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 | 35 | |
| 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 | TMGM | Earn | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | TMGM | Earn | |
|---|---|---|---|
| Education (Forex or CFDs) | No | No | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | No | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | No |
| Major Forex Pairs | TMGM | Earn | |
|---|---|---|---|
| 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 | TMGM Review |
| Overall | TMGM | Earn | |
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| Trust Score | 83 | 71 | |
| Winner | check_circle | ||
| Review | TMGM Review |
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