HomeCompareTickmill vs TMGMSudan
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Complete Head-to-Head Comparison · 2026

Tickmill vs TMGM: Which Broker is Best for Sudan Traders in 2026?

Which broker is better for Sudan traders in 2026? Expert analysis across 12 categories.

Tickmill logo
Tickmill
FCA · CySEC · FSCA · Founded 2014
Open Account
VS
TMGM logo
TMGM
ASIC · VFSC · Founded 2013
Open Account
Winner: Tied
Categories: 12 compared
For: Sudan traders
Updated: July 2026
Compare any two brokers
VS

Quick Verdict — Sudan Traders

Best Overall
Tickmill & TMGM
Higher overall score & more features
Best Spreads
TMGM
Lower trading costs for scalpers
Islamic Accounts
Both Available
Swap-free for Sudan Muslims
Best for Beginners
Tickmill
Better education & support
$100 vs $100
Min deposit
1:1000 vs 1:1000
Max leverage
FCA vs ASIC
Top regulator
3.3 vs 3.3
Our scores
Table of Contents

For Sudanese retail traders looking to trade forex and CFDs, choosing the right broker is crucial. Tickmill and TMGM are two well-known offshore brokers accepted by traders in Sudan. Tickmill holds an overall rating of 4/5, while TMGM scores 3.3/5. Both offer USD accounts and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, which are popular in Sudan due to banking restrictions. The local financial regulator in Sudan does not directly oversee these brokers, so traders must rely on the brokers' licenses from reputable authorities. This comparison will help you decide which broker best fits your trading needs, focusing on costs, platforms, and deposit options that matter most to Sudanese traders in 2025.

🏆

Overall Scores Comparison

Tickmill
Tickmill
FCA · CySEC · FSCA
3.3
CompareBroker score
Winner
VS
TMGM
TMGM
ASIC · VFSC
3.3
CompareBroker score
Trading Costs
Spreads, commissions
3.4
Tie
3.4
Platforms
MT4, MT5, cTrader, TV
3.0
Tie
3.0
Regulation
Safety, oversight
3.6
Tie
3.6
Deposits
Local payments
3.4
Tie
3.4
Customer Support
24/5, chat, phone
3.1
Tie
3.1
Education
Webinars, guides
3.0
Tie
3.0
Execution
Speed, slippage
3.4
Tie
3.4
Mobile App
iOS, Android
3.3
Tie
3.3
💹

Trading Costs - Spreads & Commissions

InstrumentTickmillTMGMWinner
EUR/USD avg spread0.09 pips + $3.5/lot0.0 pips + $3.5/lotTMGM
XAU/USD (Gold)$0.14 typical$0.12 typicalTMGM
GBP/USD avg spread0.29 pips0.23 pipsTMGM
Standard acc spreadfrom 1.0 pipsfrom 0.8 pipsTMGM
ECN commission$3.5/lot/side$3.5/lot/sideTie
Min deposit$100$100Tie

For Sudanese traders, trading costs are a key factor. Tickmill's Raw Spread account offers spreads from 0.0 pips on major pairs like EUR/USD with a $3 commission per lot round turn. TMGM's standard account spreads start around 1.0 pips with no commission. For a volume of 10 lots per month, Tickmill can save a Sudanese trader roughly $50-100 in total costs compared to TMGM. TMGM also offers a Razor account with lower spreads but higher commission, making it competitive. Overall, Tickmill provides better cost efficiency for most retail traders in Sudan, especially those trading frequently.

📂

Account Types Comparison

Account TypeTickmillTMGM
Standard account
ECN / Raw spread
Islamic (swap-free)
Demo account
PAMM / MAM account
Zero spread account
Copy trading
Min deposit$100$100
⚖️

Leverage Comparison - Sudan Traders

Entity / AssetTickmillTMGM
Sudan (offshore)Up to 1:1000Up to 1:1000
Forex major pairs1:10001:1000
Gold (XAU/USD)1:2001:200
Indices1:1001:100
Cryptocurrencies1:2 to 1:101:2 to 1:10
Leverage Warning for Sudan Traders
Traders in Sudan typically open accounts under offshore entities with up to 1:500 leverage. High leverage significantly increases risk.
📈

Trading Instruments - Assets Available

Asset ClassTickmillTMGMWinner
Forex pairs90+65+Tickmill
Gold (XAU/USD)Tie
Oil (WTI/Brent)Tie
Stock indices25+ indices20+ indicesTickmill
Crypto CFDs20+Tickmill
Stocks / Share CFDs1,700+TMGM
ETFsTie
🖥️

Platforms Comparison

PlatformTickmillTMGM
MetaTrader 4 (MT4)
MetaTrader 5 (MT5)
cTrader
TradingView
Expert Advisors (EAs)
Scalping allowed
Hedging allowed

Both Tickmill and TMGM offer MetaTrader 4 (MT4) and MetaTrader 5 (MT5), the industry-standard platforms that are stable and feature-rich. Sudanese traders benefit from these platforms' low bandwidth requirements and mobile access via Android and iOS apps. Tickmill also provides a proprietary WebTrader for quick access without installation. TMGM additionally offers the IRESS platform for advanced traders. Given Sudan's internet infrastructure, MT4 and MT5 are the most reliable options, and both brokers support them equally, making platform choice less decisive.

Execution Quality - Speed & Slippage

FactorTickmillTMGMWinner
Execution modelECN/STPTrue ECNTMGM
Avg execution speed~30ms~40msTickmill
SlippageVery lowVery lowTie
RequotesVery rareVery rareTie
Scalping allowedTie
EA / Bot tradingTie

Tickmill offers ultra-low latency execution with servers located in London and New York, providing fast order processing for Sudan traders. TMGM also uses high-speed infrastructure via Equinix data centers but may have slightly higher slippage on volatile news. Both brokers use STP (Straight Through Processing) models. For scalpers and day traders in Sudan, Tickmill's execution speed and minimal requotes give it an advantage.

🛡️

Regulation & Safety for Sudan Traders

Safety FactorTickmillTMGM
Primary regulatorFCAASIC
Top-tier regulated
Investor protection
Segregated funds
Neg. balance protection

Tickmill is regulated by the FCA (UK), CySEC (Cyprus), and the Seychelles FSA, offering strong client protection including negative balance protection and compensation schemes. TMGM is regulated by ASIC (Australia) and the FMA (Vanuatu), with high standards but less extensive investor compensation. For Sudanese traders, neither broker is under the local financial regulator, so regulatory choice matters for safety. Tickmill's FCA oversight provides an edge in trustworthiness, especially for larger deposits. TMGM's ASIC regulation is also reputable but limited to accounts under the Australian entity.

Verify regulation independently
Always verify your broker's registration directly on the official regulator website before depositing. Regulation details for Sudan traders may differ by entity.
💳

Deposits & Withdrawals for Sudan

Payment MethodTickmillTMGM
Bank Wire Transfer
Visa / Mastercard
Skrill
Neteller
USDT / Crypto
Withdrawal timeMost withdrawals 1 business day; bank wire 1-3 days, Credit/Debit Cards: Up to 8 working days.1 to 4 business days to process, with internal processing typically completed within 1 business day.

Sudanese traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 with both brokers. Tickmill processes most deposits instantly, with no fees for Skrill and Neteller. USDT TRC20 deposits are credited within minutes. Bank transfers take 1-3 business days. TMGM similarly supports these methods, but withdrawals via Skrill and Neteller are also fast, usually within 24 hours. For USDT TRC20, both brokers offer low-cost transfers ideal for avoiding traditional banking delays. Minimum deposits: Tickmill starts at $25 (via USDT), TMGM at $100. Overall, Tickmill is more flexible for small-balance Sudanese traders.

☪️

Islamic Accounts - Swap-Free for Sudan Muslims

Islamic Account FeatureTickmillTMGM
Swap-free available
Admin fee instead of swapOn some instrumentsOn some instruments
MT4 / MT5 supported
How to applyContact supportContact support

Both Tickmill and TMGM offer Islamic swap-free accounts compliant with Sharia law for Sudanese Muslim traders. Tickmill provides automatic conversion to Islamic accounts upon request, with no swap fees on all instruments. TMGM also offers Islamic accounts but may apply administrative fees after a holding period. Sudanese traders should verify that the account remains entirely interest-free. Tickmill's Islamic account policy is simpler and more transparent, making it a better choice for observing Muslims in Sudan.

Islamic Account Note
Always verify current swap-free terms directly with broker support before trading. Admin fees or holding period restrictions may apply.
💬

Customer Support Comparison

Support FeatureTickmillTMGMWinner
Live chatTie
Phone supportTie
Email supportTie
24/7 supportTie
Response time (chat)<2 minutes<3 minutesTickmill

Customer support is available 24/5 from both brokers. Tickmill offers live chat, email, and phone support in English and Arabic, which is a plus for Sudanese traders. TMGM also provides multilingual support including Arabic, but response times can be slower during peak hours. Tickmill's help center and FAQ cover common issues like deposits and account setup, aiding Sudanese users. Overall, Tickmill has a slight edge in support accessibility.

📱

Mobile App Comparison

Mobile FeatureTickmillTMGMWinner
iOS App Store rating4.5 stars4.3 starsTickmill
Google Play rating4.3 stars4.2 starsTickmill
Biometric loginTie
Push notificationsTie
Full charting on mobileTie
TradingView mobileTie
📚

Education & Research Tools

ResourceTickmillTMGMWinner
Video tutorials100+ videos50+ videosTie
Webinars (live)Tie
Economic calendarTie
Market analysisDailyBasicTickmill

Real User Reviews - Trustpilot

T
Tickmill
★★★★★
1.1K
1,080 verified reviews
View on Trustpilot
T
TMGM
★★★★★
0.9K
928 verified reviews
View on Trustpilot
⚖️

Pros & Cons of Each Broker

Tickmill

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support

TMGM

Pros
+Top-tier regulated
+Islamic swap-free account
Cons
-No TradingView
-No 24/7 support
👤

Who Should Use Which Broker? - Sudan Guide

Choose Tickmill if you...

  • Want the lowest spreads and commissions for forex trading
  • Prefer FCA regulation for higher client fund protection
  • Need Islamic account with no hidden fees
  • Use USDT TRC20 for low-cost deposits

Choose TMGM if you...

  • Prefer ASIC regulation and a more established Australian broker
  • Want access to IRESS platform for advanced trading
  • Trade larger volumes and need VPS hosting (offered by TMGM)
  • Accept slightly higher spreads in exchange for no commission accounts

FAQ - Tickmill vs TMGM in Sudan

Is Tickmill or TMGM better for Sudan? +
Can Sudan traders use both brokers legally? +
Which broker has lower spreads for Sudan traders? +
How do Sudan traders deposit at Tickmill and TMGM? +
Do both brokers offer Islamic accounts for Sudan? +

Final Verdict - Sudan 2026

Tickmill & TMGM tied wins overall

For the majority of Sudanese retail traders, Tickmill is the superior choice with a higher overall rating of 4/5 versus TMGM's 3.3/5. Tickmill offers lower trading costs, better regulatory oversight, and more favorable Islamic account terms. Both brokers support Bank Transfer, Skrill, Neteller, and USDT TRC20, but Tickmill's lower minimum deposit ($25) makes it more accessible. While the local financial regulator in Sudan does not directly oversee these brokers, Tickmill's FCA license provides extra reassurance. If you value low spreads and Arabic support, Tickmill is the best option for trading from Sudan in 2025.

Open TickmillOpen TMGM
Risk Disclaimer: CFDs and forex trading involve significant risk of loss. Between 74-89% of retail investor accounts lose money when trading CFDs. All data verified as of July 2026.
Find Your Best Broker
Compare all brokers for Sudan traders based on your trading style.
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Score Summary
Tickmill 3.3/5
TMGM 3.3/5
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Risk Warning: CFDs are complex instruments. 74-89% of retail accounts lose money.