AvaTrade vs TMGM

AvaTrade vs TMGM Comparison Table 2023
AvaTrade TMGM
4.9
3.4
United States Flag Traders from US not accepted
United States Flag 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
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
Commodities
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
More Comparisons
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