Interactive Brokers vs TMGM 2026: which is better?
We compared Interactive Brokers and TMGM on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.
Key differences
- Interactive Brokers holds 10 licences from strong regulators, against 1 for TMGM.
- The minimum deposit at Interactive Brokers is $0, against $15 at TMGM.
- Interactive Brokers offers Web Trader, TradingView, which TMGM does not.
- TMGM offers MetaTrader 4, MetaTrader 5, which Interactive Brokers does not.
Comparison table
| Comparison table |
Interactive Brokers
Broker
|
TMGM
Broker
|
|---|---|---|
| Licences | FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS Best | ASIC, FSA, VFSC, FSC (MU) |
| Minimum deposit | $0 Best | $15 |
| Maximum leverage | 1:30 | 1:500 |
| Trading platforms | Trader Workstation, IBKR Desktop, Client Portal, IBKR GlobalTrader, Web Trader, Mobile App, TradingView | 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) |
| Demo account | ✓ Yes | ✓ Yes |
| Founded | 1977 | — |
| Headquarters | Greenwich, United States | — |
| 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 Interactive Brokers if you
- want more licences from strong regulators
- want to start with less money
- use Web Trader, TradingView
Choose TMGM if you
- use MetaTrader 4, MetaTrader 5
Frequently asked questions
Which is better, Interactive Brokers or TMGM?
We compared Interactive Brokers and TMGM on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Interactive Brokers holds 10 licences from strong regulators, against 1 for TMGM. The minimum deposit at Interactive Brokers is $0, against $15 at TMGM. The best choice depends on your country and trading style, so check which licence your account will be opened under.
Are Interactive Brokers and TMGM regulated?
Interactive Brokers licences: FCA, ASIC, SEC, FINRA, CFTC, NFA, CBI, CIRO, SFC, MAS. TMGM licences: ASIC, FSA, VFSC, FSC (MU).
What is the minimum deposit at Interactive Brokers and TMGM?
Interactive Brokers: $0. TMGM: $15.
Do Interactive Brokers and TMGM offer an Islamic account?
Interactive Brokers: No. TMGM: No.