AvaTrade vs TMGM

AvaTrade vs TMGM Comparison Table 2023
AvaTrade	TMGM
Review 4.9	Review 3.4
Traders from US not accepted	Traders from US not accepted
Leading forex and CFD broker since 2006, regulated in Ireland, Australia, Canada, Japan, Abu Dhabi, and South Africa. AvaTrade offers multiple trading platforms, including MT4/5, Web Trader, Mobile App, Vanilla options and Social Trading. +1250 Financial Instruments, Educational content and multilanguage customer support active 24/7. 20% Welcome bonus available on allowed countries.	TMGM is a competitive forex and CFD broker with a wide range of instruments, features and tools provided at low-cost.
Awards
Best Overall Broker 2022 - DayTrading.com Best Trading App 2021 - DayTrading.com Best Forex Broker 2019 - DayTrading.com
Bonus
Welcome bonus 20% up to 10.000$	Point-based loyalty system
Instruments
Stocks, Options, CFD, Forex, Crypto, Volatility Index	CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes	Yes
Minimum Deposit
$100	$100
Payment Methods
Boleto Credit Card Debit Card FasaPay JCB Card Mastercard MoneyGram Neteller Perfect Money Skrill Swift WebMoney Western Union Wire Transfer	Alipay Credit Card Debit Card FasaPay Mastercard Neteller Skrill UnionPay Visa Wire Transfer
Minimum Trade
$.01	0.01 lots
Regulator
CBoI, ASIC, FSA, FSCA, FSB	ASIC, FMA, VFSC
Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	No
eSignal
No	No
Trading Central
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
Yes	Yes
MAM Account
Yes	Yes
PAMM Account
Yes	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS and Android	iOS & Android
Auto Trading
Avatrader make auto trading easy with API integration into numerous platforms including MetaTrader4, Duplitrade and MQL5	Yes
Copy Trading
Yes	Yes
Copy Trading Platform
Regulated across multiple jurisdictions, AvaTrade not only offers a proprietary platform, but also a selection of social and copy trading systems, including its own AvaSocial app, along with MetaTrader suites. There’s also the web-based platforms, DupliTrade and ZuluTrade, which are both easy-to-use and suit novices and experts alike.	Copy trading through HUBx, a service designed to help investors automatically mirror the positions of successful traders.
Social Trading
Yes	No
Trade Signals
Yes	MT4 Expert Advisors (EAs)
VPS Hosting
Yes	Yes
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD	USD EUR GBP CAD AUD NZD
Stock Exchanges
Australian Securities Exchange Borsa Italiana Deutsche Boerse Euronext Hang Seng IBEX 35 Japan Exchange Group Korean Stock Exchange London Stock Exchange Nasdaq Russell 2000 Shanghai Stock Exchange SIX Swiss Exchange Toronto Stock Exchange Taiwan Stock Exchange	Australian Securities Exchange CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange
Commodities
Cocoa Coffee Copper Corn Cotton Gasoline Gold Natural Gas Oil Palladium Platinum Precious Metals Silver Soybeans Sugar Wheat	Gold Natural Gas Oil Platinum Silver
CFD Trading
Leveraged CFD trading is available on popular financial markets with rates up to 1:400.	TMGM offers a massive range of CFD instruments, encompassing more than 12,000 global equities, indices, currency pairs and commodities
Leverage
1:400	1:500
FTSE Spread
0.5 pt	4.0
GBPUSD Spread<
1.0 var	1.4
Oil Spread
0.02	0.0
Stocks Spread
0.13 Abv Market	Variable
Forex Trading
Avatrade offer 50+ currency pairs and their spreads are some of the best among any broker. They are regulated across 5 continents.	TMGM supports forex trading on all three of its platforms with competitive spreads and VPS hosting services
Forex App
AvaTrade provide AvaTradeGo for mobile trading. The app offers 1000+ markets, the ability to create watchlists and make trades. The AvaProtect™ feature even adds another layer of risk protection. Rated 4.2* , it is one of the more popular trading apps. Download it today.
GBPUSD Spread
1.0 var	1.4
EURUSD Spread
0.7 var	0.3
EURGBP Spread
1.7 var	0.2
Assets
50+	50+
Cryptocurrency
Regulated in 5 continents, Avatrade offer a very secure way to access Crypto markets. They offer a great range of Crypto, very tight spreads, and 1:2 leverage. [Not available in Canada]	TMGM supports crypto CFD trading, pegging each token against the USD. Up to 1:20 leverage
Spread
BTC 1% ETH 2%	Variable
Coins
BCH BTC BTG ETH LTC XRP EOS DASH	BTC BCH ETH LTC XRP BNB DOT EOS LINK UNI XTZ XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

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