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 |
ActivTrades vs TMGM: both earn 4/5 stars for commissions and fees, but their rankings differ—ActivTrades sits at #29 of 63, while TMGM is #37 of 63 (ForexBrokers.com). ActivTrades leans on tight, spread-only pricing without special discounts for high-volume traders. TMGM’s standout is its commission-based Edge account that pairs a small commission with low spreads, though it lacks recent published average spread data to fully benchmark costs.
At ActivTrades, the primary Individual account shares the same spreads as its Professional and Islamic (swap‑free) options; the Pro account mainly changes margin requirements and access to leverage. Spreads are slightly better than the industry average but not among the very lowest. In May 2024, the average EUR/USD spread reported by ActivTrades was 0.98 pips, with spreads that can widen during rollover. Actual costs vary by asset and by platform.
TMGM offers two structures: the Classic account with spread-only pricing, and the Edge account that charges $3.50 per side ($7 round trip) plus low prevailing spreads. Because TMGM hasn’t published recent average spreads for EUR/USD, it’s harder to compare all-in costs to peers. Islamic, swap‑free trading is available only on the Edge account, not the Classic option.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Minimum Deposit | $0 | $100 |
| Average spread (EUR/USD) - Standard account | 0.98 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | |
| Skrill (Deposit/Withdraw) | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing ActivTrades vs TMGM on range of investments, TMGM stands out for sheer breadth with about 12,000 tradable symbols and 62 forex pairs, while ActivTrades lists 1,267 symbols and 49 forex pairs. Both brokers support forex trading (via CFDs or spot), and both include copy trading. Independent ratings back up the difference in depth: ActivTrades earns 4 out of 5 stars and ranks #32 out of 63 for Range of Investments, whereas TMGM scores 4.5 stars and ranks #18.
Asset access varies in other ways, too. Neither broker offers direct, exchange-traded U.S. shares (for example, Apple on NASDAQ). ActivTrades does provide access to exchange-traded international shares, which TMGM does not. For digital assets, both brokers let you trade cryptocurrency via CFDs, but neither lets you buy actual, delivered crypto. If you want the widest list of markets, TMGM has the edge; if you need direct access to international shares alongside CFDs and forex, ActivTrades is the pick.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1267 | 12000 |
| Forex Pairs (Total) | 49 | 62 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | Yes | No |
| Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | No | No |
| Cryptocurrency (CFDs) | 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 make it easy to get started with a free demo (paper) account and offer Windows desktop and web-based trading. Each supports MetaTrader 4 (MT4) and MetaTrader 5 (MT5), copy trading, and the ability to place trades directly from charts. The standout difference is platform choice: ActivTrades adds its own proprietary platform to the mix, while TMGM sticks to third-party options like MetaTrader. Both provide charting and watchlists (the exact number of indicators and watchlist columns depends on the platform used).
For Trading Platforms and Tools, both brokers earn 4 out of 5 stars. In ForexBrokers.com’s comparison of 63 brokers, ActivTrades ranks #32 and TMGM ranks #49. If you want an extra, broker-built platform alongside MetaTrader, ActivTrades is appealing. If you prefer focusing on MetaTrader across web and desktop, TMGM fits the bill.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | Yes | No |
| Desktop Platform (Windows) | Yes | Yes |
| Web Platform | Yes | Yes |
| Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
ActivTrades and TMGM both deliver full-featured mobile trading apps for iPhone and Android. Each app supports price alerts for stocks and forex, offers 30 built-in technical studies, and lets you draw trendlines that auto-save to your charts. One limitation shared by both is the lack of watchlist syncing between the mobile app and your online account. In terms of user feedback, both ActivTrades and TMGM earn 4 out of 5 stars for their mobile trading apps.
The main difference shows up in industry rankings. According to ForexBrokers.com, ActivTrades ranks #19 out of 63 brokers for Mobile Trading Apps, while TMGM ranks #48 out of 63. If mobile charting and alerts on the go are your priorities, both apps cover the essentials, with ActivTrades holding the stronger position in third-party rankings.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing ActivTrades vs TMGM for market research: both brokers publish daily market commentary and stream forex news from premium sources such as Bloomberg, Reuters, or Dow Jones. Each provides a sentiment tool that shows the long/short split across instruments and includes an economic calendar for upcoming events. Neither broker integrates Autochartist or TipRanks.
The key difference is in third‑party research suites. TMGM adds Trading Central and Acuity Trading (Signal Centre) to its lineup, while ActivTrades does not. Even so, ActivTrades holds the edge in overall research scoring at ForexBrokers.com with 4 stars and a #31 rank out of 63, compared with TMGM’s 3.5 stars and #54 rank. In short: choose ActivTrades for higher-rated research overall, or TMGM if you want added tools from Trading Central and Acuity Trading.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Acuity Trading | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
Comparing ActivTrades vs TMGM for beginner trading education, ActivTrades stands out. It runs online client webinars at least once a month, while TMGM does not. ActivTrades also offers at least 10 beginner-focused videos and at least 10 advanced videos, giving newcomers a clear path from basics to more complex topics; TMGM doesn’t meet the 10-video threshold for either beginner or advanced content. The provided data doesn’t specify whether either broker has 10 or more total forex/CFD educational pieces overall.
On quality and recognition, ActivTrades earns 4 out of 5 stars for Education and ranks #38 out of 63 brokers on ForexBrokers.com. TMGM scores 3.5 out of 5 stars and ranks #54 out of 63. If you’re a beginner seeking frequent webinars and a deeper video lineup, ActivTrades is likely the better fit; TMGM may suit traders who don’t need many educational resources.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
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
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TMGM
|
|---|---|---|
| Overall Rating |
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| Trust Score | 81 | 83 |
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ActivTrades vs TMGM: neither broker supports buying actual (delivered) cryptocurrencies, but both offer cryptocurrency CFD trading.
ActivTrades vs TMGM deposit and withdrawal methods: ActivTrades does not support ACH/SEPA or PayPal but offers Skrill and bank wire transfers (Visa/Mastercard not specified), while TMGM does not support ACH/SEPA and provides no stated information on PayPal, Skrill, Visa/Mastercard, or bank wires.
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 |
| Broker Screenshots | ActivTrades | TMGM | |
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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 | ||
| 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 | ||
| 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 |
| Tier-2 Licenses (Trusted) | ActivTrades | TMGM | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | ||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | ActivTrades | TMGM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1267 | 12000 | |
| Forex Pairs (Total) | 49 | 62 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | Yes | No | |
| Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | No | No | |
| Cryptocurrency (CFDs) | 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 account | 0.98 | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | Yes | |
| Order execution: Agency | No | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | ActivTrades | TMGM | |
|---|---|---|---|
| Minimum Deposit | $0 | $100 | |
| PayPal (Deposit/Withdraw) | No | ||
| Skrill (Deposit/Withdraw) | Yes | ||
| Bank Wire (Deposit/Withdraw) | Yes | ||
| Non-wire bank transfer | No | No |
| Trading Platforms | ActivTrades | TMGM | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | Yes | No | |
| Desktop Platform (Windows) | Yes | Yes | |
| Web Platform | Yes | Yes | |
| Copy Trading | Yes | Yes | |
| MetaTrader 4 (MT4) | Yes | Yes | |
| MetaTrader 5 (MT5) | Yes | Yes | |
| cTrader | No | No |
| Trading Tools | ActivTrades | TMGM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist [DELETED] | |||
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | ActivTrades | TMGM | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central | No | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | ActivTrades | TMGM | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | ActivTrades | TMGM | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| 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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