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Justmarkets or TMGM? Learn What Broker Is Better
Choosing the right brokerage platform is a real headache for every trader, no matter if you are a seasoned pro or just a newbie. You should take into account so many factors, starting from the broker’s experience on the market and ending with the reviews on TrustPilot and other reliable websites.
To help you with this challenging task and make it less stressful, we prepared another article with a comparison of top brokerage platforms. Today, we are going to talk about JustMarkets & TMGM, discovering which broker has better Forex promotion conditions, offers, and bonuses for their clients.
Key Points on Promotions from JustMarkets and TMGM Brokers
As Forex market is more than competitive, all brokers puzzle over the same problem: “How to be better than others and make users come and stay?” An answer to this question lies in a quite simple trick — to give them a sweetener. In the realm of Forex, promotion offers fulfill this very role, improving trading conditions and making traders’ journey as nice as pie.
From deposit and welcome bonuses to referral programs, such activities can attract new clients and retrain the existing user base. But who is better in this promotion rally, if comparing JustMarkets and TMGM? Let’s find out right away.
TMGM: Review of the Main Promotional Offers
Bonus of $50 and Other Promotion Offers for TMGM Clients
TMGM cannot boast of numerous promotion offers presented on their site. However, there are 2 bonuses that are worthy of note — a one-time 50$ Welcome Bonus and the Loyalty Program.
The first one was created to reward new users for starting using the company’s services. It’s a common trick in the finance sector that positively affects the client’s initial experience with the platform. The loyalty program, in turn, offers traders a chance to gain points with every their trade. Later on, users can exchange these points for goods or cashback, which also adds extra value to trading activities.
How to Get the $50 Bonus and What to Spend It On
To get the bonus, newcomers have to sign up for a TMGM account and pass the verification. After that, welcome $50 will be automatically credited to your balance. Once the bonus is sent to your account, you can use it, but you cannot withdraw this money directly. Due to TMGM’s terms and conditions, the welcome bonus can be used on trading activities only.
What Users Think of TMGM Forex Promotions
Most TMGM clients love a $50 welcome bonus and a loyalty program, as these are tiny yet pleasant encouragements for newbies to start their Path of the Traider. The conditions for getting the bonuses are also quite simple and stress-free, and who doesn’t like it when something is explained on fingers?
Justmarkets Bonus Offers Review
Promotional Benefits from JustMarkets
Now, let’s see what promotional gifts another top broker, JustMarkets, can offer their clients. A little spoiler for all of you: JustMarkets is known for its generous and ongoing promotions. Therefore, we should delve into it in more detail and see why so many people consider this broker to have one of the best bonuses on the market.
0% Fees on Deposits & Withdrawals Bonus and Other Promotions for JustMarkets Clients
JustMarkets offers bigger bonuses in comparison to the TMGM broker. These extensive promotions involve an Invite Friends Program and 0% Fees on Deposits and Withdrawals. Each is designed to provide clients with a pleasant experience, motivate new traders, and encourage customer loyalty. And what’s most important, they are not one-time but ongoing, read more about it below.
How to Get JustMarkets’ Bonuses and What are Their Main Perks
0% Fees on Deposits and Withdrawals
JustMarkets covers the costs of both deposits and withdrawals, ensuring that customers can transfer their funds free of charge. This offers great savings and make it easier to trade with JustMarkets — a life-saving advantage for newcomers and traders with a tight budget, and a pleasant bonus for pros as well.
Just Invite Friends Program
Referral program is a timeless classic for companies in all industries, including fintech. No wonder JustMarkets bonuses’ selection contains this popular and beneficial program as well. It’s a win-win situation for both the company and its clients, as JustMarkets gain new clients, while traders earn up to $25 for every lot traded by their referrals.
The conditions to participate are also more than simple. You just have to share the link with your friends, and once they fill out the needed form, it’s all done. The program rewards you based on the trading activities of your referred clients and their sub-referrals. As easy as ABC!
Comparative Analysis of TMGM and JustMarkets Promotions
TMGM and JustMarkets Bonuses: Which Broker Suits Your Needs?
Both brokerage platforms offer various promotions designed to engage and retain clients. Each company has created various initiatives to meet the needs and wants of different customers, allowing them to trade in their own way. But which broker has the best bonuses for you? Let’s sum everything up in the tables below.
Pros and Cons of Each Broker Based on Their Promotional Offers
Advantages | |
TMGM | JustMarkets |
Loyalty Program: TMGM‘s loyalty program rewards traders for their activity. Points earned can be exchanged for products and cashback. | No Deposit Fees: The 0% fees on deposits and withdrawals make JustMarkets a good choice for cost-conscious traders. |
Welcome Bonus: The $50 welcome bonus is easily earned and provides a good initial promotion for new traders. | Referral Program: The Invite Friends program allows everyone to gain earning opportunities through bonuses based on the trading activities of their referrals. |
Clear Rules: On the official website, JustMarkets shows clear and really detailed rules for bonuses and promotions. | |
Both Promotions are Ongoing: Unlike TMGM‘s welcome bonus, all the promotions JustMarkets provides can be activated repeatedly. | |
Disadvantages | |
TMGM | JustMarkets |
Limited Cash Bonus: The $50 welcome bonus is relatively small compared to other brokers, potentially limiting its appeal. | Complex Deposit System: For those who are new to trading, the conditions to fully use and withdraw the deposit bonus can be somehow complex and might deter some newcomers. |
Conditional Withdrawals: Profits made from the welcome bonus can only be withdrawn under specific conditions, which might be restrictive for some traders. | Limited Time for Bonuses: Bonuses are limited in time. They should be utilized within a precise time, and inattentive traders can forget about it. |
Unclear Rules: On the website, there is no detailed information about how to get the bonuses. | |
One-Time Bonus: The welcome bonus is pleasant, but it’s one-time. | |
Summary On Which Broker Has More Beneficial Conditions for Clients?
Overall, both brokers offer competitive promotions with specific cons and pros. To pick the best platform, you can try both TMGM and JustMarkets or make your own conclusions based on this article and the info the companies post on their websites. Choose wisely, and remember that your very best brokerage platform should suit your individual preferences and trading style.
FAQ
Promotional offers and bonuses from both JustMarkets and TMGM are updated quite regularly. To know everything first, you can check their website, and social media channels. Also, consider subscribing to their newsletter.
Yes, bonuses and promotions indeed increase profit potential as they provide you with additional trading capital and reduce costs.
Sure, you can use bonuses from both JustMarkets and TMGM to trade in the cryptocurrency market. To know more, read their terms and conditions.
Of course! Clients from all countries the brokers are present in (150+ countries for TMGM and 160+ for JustMarkets) can enjoy promotional offers.