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Swissquote vs TMGM 2026: which is better?

We compared Swissquote and TMGM on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences.

Key differences

Comparison table

Comparison table Swissquote Swissquote Broker TMGM TMGM Broker
Licences FCA, DFSA, SFC, MAS, FINMA, CSSF, CySEC, FSCA, MFSA Best ASIC, FSA, VFSC, FSC (MU)
Minimum deposit $1,000 $15 Best
Maximum leverage 1:100 1:500
Trading platforms MetaTrader 4, MetaTrader 5, CFXD, Mobile App 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 1996 —
Headquarters Gland, Switzerland —
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 Swissquote if you

  • want more licences from strong regulators
Full Swissquote review

Choose TMGM if you

  • want to start with less money
Full TMGM review

Frequently asked questions

Which is better, Swissquote or TMGM?

We compared Swissquote and TMGM on licences, deposits, platforms and accounts. The better choice depends on what you need; these are the main differences. Swissquote holds 6 licences from strong regulators, against 1 for TMGM. The minimum deposit at TMGM is $15, against $1,000 at Swissquote. The best choice depends on your country and trading style, so check which licence your account will be opened under.

Are Swissquote and TMGM regulated?

Swissquote licences: FCA, CySEC, DFSA, SFC, MAS, FSCA, FINMA, CSSF, MFSA. TMGM licences: ASIC, FSA, VFSC, FSC (MU).

What is the minimum deposit at Swissquote and TMGM?

Swissquote: $1,000. TMGM: $15.

Do Swissquote and TMGM offer an Islamic account?

Swissquote: No. TMGM: No.