Written by ForexBrokers.com
In this head to head comparison of ActivTrades vs TMGM, we will compare the trading platforms, mobile apps, range of investments, costs, market research, and more. Let's dive in.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 51% and 89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
ActivTrades and TMGM are both prominent online brokers with established reputations in financial trading, though they exhibit some differences in their operational histories and regulatory credentials. ActivTrades was founded in 2001, while TMGM entered the scene in 2013. Neither company is publicly traded or operates as a bank. Both brokers have secured two Tier-1 licenses, putting them in the highly trusted category by regulatory standards. However, ActivTrades also holds one Tier-2 license, indicating a broader regulatory outreach in slightly less stringent jurisdictions compared to TMGM, which holds no Tier-2 licenses.
When it comes to trust scores by ForexBrokers.com, ActivTrades achieves a rating of 81, marking it as a trusted broker. Meanwhile, TMGM slightly edges out with a score of 83, also placing them in the trusted bracket, albeit marginally higher. This minor difference suggests that both brokers uphold a similar level of trustworthiness, with slight variations in their regulatory approach. These factors are central for investors when considering the reliability and regulatory standing of their trading platforms.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Year Founded | 2001 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
When comparing the commission and fee structures of ActivTrades and TMGM, both brokers present distinct options depending on trader needs. ActivTrades offers an Individual Account, along with Professional and Islamic Accounts, yet lacks specific pricing incentives for high-volume trading. Their average spread for EUR/USD is 0.98 pips, and spreads might vary, especially during rollover periods. Islamic accounts offer Sharia compliance, making ActivTrades a versatile choice for diverse traders, earning it a 4-star rating and a rank of #28 out of 63 brokers for commissions and fees.
On the other hand, TMGM provides competitive pricing with its Edge account, featuring a straightforward commission of $3.50 per side and low spreads, although average spread data for EUR/USD isn't disclosed. Their account types include a spread-only Classic account and a commission-based Edge account, allowing traders to select based on their trading style. They also cater to Islamic finance needs with swap-free accounts available for the Edge option only. TMGM matches ActivTrades with a 4-star rating but is slightly lower ranked at #36 in the same category.
Ultimately, while both brokers offer solid commission structures, ActivTrades might appeal to traders seeking diverse account options, while TMGM offers a more transparent commission structure with its Edge account, albeit with less data availability. Each broker's offerings cater to specific trading preferences, enabling traders to choose based on their individual needs and financial practices.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average Spread EUR/USD - Standard | 0.98 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
ActivTrades and TMGM both cater to forex traders by offering trading of forex as CFDs or spot contracts. However, when it comes to the number of tradeable symbols available, TMGM provides a significantly larger selection with 12,000 symbols compared to ActivTrades' 1,267. Despite this, both platforms maintain a commendable selection of forex pairs, with TMGM offering 62 pairs and ActivTrades offering 49. Neither broker enables the purchase of exchange-traded securities on U.S. exchanges, but ActivTrades does allow access to international exchanges like the London Stock Exchange, which TMGM does not.
Both ActivTrades and TMGM support copy trading, providing opportunities for users to replicate trades from experienced traders. However, they do not offer the ability to purchase actual cryptocurrencies but do provide cryptocurrency derivatives. When evaluated for their range of investments, ActivTrades is rated 4 out of 5 stars, ranking 31st out of 63 brokers according to ForexBrokers.com. Meanwhile, TMGM scores slightly higher, with a 4.5-star rating, and ranks 17th. This suggests TMGM holds a competitive edge in investment variety and overall trading options.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1267 | 12000 |
| Forex Pairs (Total) | 49 | 62 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | Yes | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Physical) | No | No |
| Cryptocurrency (Derivative) | Yes | Yes |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
Dive deeper: Best Copy Trading Platforms.
ActivTrades and TMGM both offer comprehensive trading platforms suitable for beginners and seasoned traders alike. Each broker provides free virtual demo accounts, enabling users to practice trading without financial risk. ActivTrades distinguishes itself by offering a proprietary trading platform, crafted in-house, alongside industry staples like MetaTrader 4 and MetaTrader 5. TMGM, on the other hand, sticks to these popular MetaTrader platforms without a proprietary alternative. Both brokers support Windows-based and web-based trading applications, catering to varying trader preferences. Furthermore, copy trading is available on both platforms, giving traders flexibility in their strategies.
When it comes to charting and analysis, both ActivTrades and TMGM provide 15 drawing tools for detailed technical analysis and allow trading directly from stock charts. However, they differ slightly in their watch list capabilities, with ActivTrades offering 11 columns of data fields compared to TMGM's 7. Despite these similarities and differences, both brokers receive a commendable four-star rating for their trading platforms and tools. According to ForexBrokers.com, ActivTrades holds a higher rank at #30 compared to TMGM's #48, reflecting ActivTrades' slight edge in this competitive category.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 11 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
When it comes to mobile trading apps, both ActivTrades and TMGM offer strong options for iPhone and Android users. Each app provides key features such as stock and forex price alerts, and the ability to create watchlists with real-time quotes. Both platforms also include 30 technical studies for charting, the ability to draw trendlines, and support for viewing multiple time frames like daily, weekly, or intraday. A feature that stands out for both apps is the auto-saving of drawings on charts.
However, a slight limitation for both ActivTrades and TMGM is the absence of watchlist symbol syncing between their mobile apps and online accounts. Despite these similarities, ActivTrades edges out TMGM in rankings, being placed 19th out of 63 brokers for mobile trading apps by ForexBrokers.com, while TMGM is ranked 47th. Both apps have earned a 4-star rating for mobile trading, indicating user satisfaction. Whether you prefer ActivTrades or TMGM, you're likely to find a capable tool for trading on the go.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Alerts - Basic Fields | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | Yes | Yes |
| Mobile Charting - Drawings Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When considering ActivTrades and TMGM for market research, both platforms offer daily market commentary and access to forex news from reputable sources like Bloomberg and Reuters, ensuring traders stay informed. However, when it comes to advanced research tools, TMGM takes a slight edge by providing access to Trading Central's technical analytics and Acuity Trading's research tools, which ActivTrades does not offer. Both brokers provide sentiment-based trading tools and economic calendars, useful for tracking market trends and global events.
Despite TMGM's additional tools, ActivTrades stands out with a higher research rating of 4 stars compared to TMGM's 3.5 stars, as assessed by industry reviewers. This superior rating reflects its comprehensive market offerings without specialized tools. Additionally, in a comparison of 63 brokers, ActivTrades ranks #30 in research quality, while TMGM is positioned at #53 according to ForexBrokers.com. This suggests that even though TMGM provides more in terms of specialized tools, ActivTrades may still deliver a superior user experience and more effective general research capabilities.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational offerings for beginners between ActivTrades and TMGM, ActivTrades stands out as a suitable choice for new traders eager to learn about forex and CFDs. ActivTrades provides an extensive range of educational resources, including over 10 articles and videos focused on forex and CFDs, as well as monthly live webinars to enhance client learning. They also have a searchable archive of past webinars, making it easy for users to access and revisit past sessions. For beginners seeking structured learning, ActivTrades delivers with over 10 educational videos specifically for newcomers to trading, plus a suite of advanced videos designed for more seasoned traders.
On the other hand, TMGM falls short in offering similar depth in educational resources. While they provide a searchable archive of client webinars and an investor dictionary with more than 50 investing terms, they lack a dedicated array of beginner-oriented trading videos and live educational webinars. TMGM also does not reach the minimum of 10 educational pieces primarily focused on forex and CFDs. As a result, for those prioritizing education, especially beginners, ActivTrades is rated higher, achieving 4 stars compared to TMGM's 3.5 stars on ForexBrokers.com. Additionally, ActivTrades is better ranked in the education category among brokers, placing at #38, while TMGM ranks #54 out of 63 brokers.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | No | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that ActivTrades is better than TMGM. ActivTrades finished with an overall rank of #33, while TMGM finished with an overall rank of #37.
ActivTrades is a long-standing brand that offers a proprietary trading platform, ActivTrader, and support for the award-winning TradingView and MetaTrader (MT4 and MT5) platforms. ActivTrades also delivers a selection of custom add-ons, indicators, and trading tools for traders who prefer to use MetaTrader. Drawbacks for trading with ActivTrades include a smaller selection of tradeable symbols and fewer educational resources than what’s available from the best forex brokers.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 83 |
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While neither ActivTrades nor TMGM provide options to purchase actual cryptocurrencies, both brokers offer the ability to trade cryptocurrency derivatives, making them viable options for those interested in trading digital assets indirectly.
Comparing ActivTrades and TMGM, both brokers support Skrill, Visa/Mastercard, and bank wire transactions, but only TMGM offers PayPal as an additional deposit and withdrawal option, while neither provides ACH or SEPA transfer services.
Please note:
We review each broker’s overall global offering – a “Yes” checkmark in our Compare Tool does not guarantee the availability of any specific features in your country of residence. To verify the availability of any features within your country of residence, please contact the broker directly.
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0 of 5| Overall Rating | ActivTrades | TMGM | |
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| Trust Score | 81 | 83 | |
| Winner | check_circle | ||
| Review | ActivTrades Review | TMGM Review |
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| Regulation | ActivTrades | TMGM | |
|---|---|---|---|
| Trust Score | 81 | 83 | |
| Year Founded | 2001 | 2013 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 2 | |
| Tier-2 Licenses | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | ActivTrades | TMGM | |
|---|---|---|---|
| Australia (ASIC Authorised) | No | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | No | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | ActivTrades | TMGM | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | ActivTrades | TMGM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1267 | 12000 | |
| Forex Pairs (Total) | 49 | 62 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | Yes | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Physical) | No | No | |
| Cryptocurrency (Derivative) | Yes | Yes | |
| Disclaimers | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). | Note: Crypto CFDs are not available to retail traders from any broker's U.K. entity, nor to U.K. residents (except to Professional clients). |
| Cost | ActivTrades | TMGM | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 0.98 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | Yes | |
| Execution: Agency Broker | No | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | ActivTrades | TMGM | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Visa/Mastercard (Credit/Debit) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| ACH or SEPA Transfers | No | No |
| Trading Platforms | ActivTrades | TMGM | |
|---|---|---|---|
| Proprietary Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Social Trading / Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | No |
| Trading Tools | ActivTrades | TMGM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 11 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| Charting - Drawing Tools (Total) | 15 | 15 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | ActivTrades | TMGM | |
|---|---|---|---|
| Android App | Yes | Yes | |
| Apple iOS App | Yes | Yes | |
| Mobile Alerts - Basic Fields | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Watchlist Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Multiple Time Frames | Yes | Yes | |
| Mobile Charting - Drawings Autosave | Yes | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | ActivTrades | TMGM | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | No | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | ActivTrades | TMGM | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | No | Yes |
| Major Forex Pairs | ActivTrades | TMGM | |
|---|---|---|---|
| GBP/USD | Yes | Yes | |
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD | Yes | Yes | |
| Review | ActivTrades Review | TMGM Review |
| Overall | ActivTrades | TMGM | |
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| Trust Score | 81 | 83 | |
| Winner | check_circle | ||
| Review | ActivTrades Review | TMGM Review |
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