AvaTrade vs TMGM 2026
By Akash · Facts from the brokers’ own sites, sources linked on each review
AvaTrade has the higher TFB Score (78/100 vs 65/100). AvaTrade is regulated by CBI, ASIC, FSCA; TMGM by ASIC, VFSC, FSA. TFB Score: AvaTrade 78/100, TMGM 65/100.
AvaTrade is a CFD and forex broker operating through entities regulated by the Central Bank of Ireland, ASIC, FSCA, CySEC and the BVI FSC, offering MT4, MT5 and WebTrader with a 100 base-currency minimum deposit.
TMGM is an Australian-founded CFD broker (since 2013) offering MetaTrader 4 and MetaTrader 5 with EDGE (spreads from 0.0 pips plus commission) and CLASSIC (spreads from 1.0 pips, no commission) accounts, operating through entities regulated by ASIC, the VFSC, the FSA Seychelles, the FSC Mauritius and the CMA Kenya.
Side by side
| Item | AvaTrade | TMGM |
|---|---|---|
| TFB Score | 78/100▲ | 65/100 |
| Regulation & safety | 35/35▲4 tier-1 regulators (CBI, ASIC, JFSA…), investor compensation | 23/351 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 17/25▲All-in cost from 0.90 pips, no commission | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 13/204 deposit methods, 2 withdrawal methods | 14/20▲Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 13/20MT4, MT5; leverage up to 400:1 (non-EU entities; 30:1 for EU retail) | 15/20▲MT4, MT5; leverage up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | CBI, ASIC, FSCA, ADGM FSRA, FSA Japan, FSC BVI, CySEC | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | 100 (USD/EUR/GBP/AUD, base currency) | $100 (EDGE and CLASSIC) |
| Spreads from | EUR/USD from 0.9 pips | Not published |
| Commission | No commission on CFDs (cost is in the spread) | Not published |
| Max leverage | Up to 400:1 (non-EU entities; 30:1 for EU retail) | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Original funding method (card/e-payment), Wire transfer | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: AvaTrade review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is AvaTrade or TMGM better?
AvaTrade has the higher TFB Score (78/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are AvaTrade and TMGM regulated?
AvaTrade: CBI, ASIC, FSCA, ADGM FSRA, FSA Japan, FSC BVI, CySEC. TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Every licence is linked to the regulator's register on each review.
Which is safer, AvaTrade or TMGM?
AvaTrade holds 4 tier-1 licences (CBI, ASIC, JFSA and CySEC); TMGM holds 1 (ASIC). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
What is the minimum deposit at AvaTrade and TMGM?
AvaTrade: 100 (USD/EUR/GBP/AUD, base currency). TMGM: $100 (EDGE and CLASSIC).
Do AvaTrade and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. AvaTrade: MT4, MT5, WebTrader, AvaTradeGO. TMGM: MT4, MT5.
What is the maximum leverage at AvaTrade and TMGM?
AvaTrade: Up to 400:1 (non-EU entities; 30:1 for EU retail). TMGM: up to 1:1000 (international entities; 1:30 for the Australian entity). Leverage depends on the company that opens your account and on your country.
More AvaTrade comparisons
More TMGM comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning