BrokerRatingAvaTrade vs TMGM 2026: which is better?
We compared AvaTrade and TMGM on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- AvaTrade holds 4 licences from strong regulators, against 1 for TMGM.
- AvaTrade offers a swap-free Islamic account; TMGM does not.
- AvaTrade offers copy trading; TMGM does not.
- AvaTrade offers Web Trader, which TMGM does not.
- The minimum deposit at TMGM is $15, against $100 at AvaTrade.
Comparison table
| Comparison table |
AvaTrade
Broker
|
TMGM
Broker
|
|---|---|---|
| Licences | ASIC, CBI, JFSA, FSRA, CySEC, FSCA, CMA (KE), ISA, SFC (CO), FSC (VG) Best | ASIC, FSA, VFSC, FSC (MU) |
| Minimum deposit | $100 | $15 Best |
| Maximum leverage | 1:400 | 1:500 |
| Trading platforms | MetaTrader 4, MetaTrader 5, Web Trader, Mobile App, AvaTrade App, AvaOptions, AvaSocial, DupliTrade | MetaTrader 4, MetaTrader 5, Mobile App, TMGM APP |
| Markets | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) | Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs) |
| Islamic account | ✓ Yes | — |
| Demo account | ✓ Yes | ✓ Yes |
| Copy trading | ✓ Yes | — |
| Founded | 2006 | — |
| Headquarters | Dublin, Ireland | — |
| Read the review | Read the review |
Data is for information only and may change; always check the official website before opening an account.
Add a third broker to the comparison
Choose AvaTrade if you
- want more licences from strong regulators
- need a swap-free Islamic account
- want to copy other traders
- use Web Trader
Choose TMGM if you
- want to start with less money
Frequently asked questions
Which is better, AvaTrade or TMGM?
We compared AvaTrade and TMGM on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. AvaTrade holds 4 licences from strong regulators, against 1 for TMGM. AvaTrade offers a swap-free Islamic account; TMGM does not. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are AvaTrade and TMGM regulated?
AvaTrade licences: CySEC, ASIC, CBI, FSCA, CMA (KE), FSC (VG), JFSA, FSRA, ISA, SFC (CO). TMGM licences: ASIC, FSA, VFSC, FSC (MU).
What is the minimum deposit at AvaTrade and TMGM?
AvaTrade: $100. TMGM: $15.
Do AvaTrade and TMGM offer an Islamic account?
AvaTrade: Yes. TMGM: No.