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 | 0.98 | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts [DELETED] | ||
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | No | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) [DELETED] | ||
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
ActivTrades and TMGM both let you trade forex as CFDs/spot and support copy trading. TMGM stands out with about 12,000 tradeable symbols and 62 forex pairs, while ActivTrades lists around 1,267 symbols and 49 pairs. Neither broker lets you buy U.S.-listed stocks outright, and neither offers delivered cryptocurrency. Both provide access to crypto through derivatives. A key difference: ActivTrades offers some international exchange-traded shares (not CFDs), while TMGM does not.
For range of investments, TMGM is rated 4.5/5 stars and ranks 18th out of 63 brokers, whereas ActivTrades is rated 4/5 stars and ranks 32nd. TMGM suits traders who want a very large list of symbols and more currency pairs. ActivTrades may appeal if you also want the ability to buy certain international shares directly alongside CFD trading.
| 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 cover the essentials for traders who want flexibility: each offers Windows desktop and web-based platforms, along with the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). A key difference is that ActivTrades also provides its own proprietary platform built in-house, while TMGM focuses on the MetaTrader suite. Both brokers let you place trades directly from charts, which can speed up order entry and management.
For practice and strategy testing, both brokers offer free demo (paper) trading accounts, and each supports copy trading options. According to ForexBrokers.com, both earn 4 out of 5 stars for Trading Platforms and Tools; however, ActivTrades ranks higher at #32 out of 63 brokers, compared with TMGM at #49. If you want an additional in-house platform alongside MT4/MT5, ActivTrades has the edge; if you prefer sticking with MetaTrader alone, 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 |
| Social Trading / Copy Trading | Yes | Yes |
| MetaTrader 4 (MT4) | Yes | Yes |
| MetaTrader 5 (MT5) | Yes | Yes |
| DupliTrade [DELETED] | ||
| ZuluTrade [DELETED] | ||
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) [DELETED] | ||
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields [DELETED] |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Choosing between ActivTrades and TMGM for mobile trading? Both brokers offer iPhone and Android apps with price alerts, real-time quote watchlists, and capable charting. Each app includes 30 technical studies, lets you draw trendlines, and automatically saves your chart drawings. One caveat: neither broker syncs watchlist symbols between the mobile app and your online account.
In third-party testing by ForexBrokers.com, both apps earned 4 out of 5 stars. That said, ActivTrades ranks higher in the Mobile Trading Apps category (#19 of 63 brokers) compared with TMGM (#48). If overall standing matters to you, ActivTrades has the edge, while their mobile features are largely on par.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Watchlist Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Multiple Time Frames | ||
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist | 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 | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | No | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginner traders comparing education at ActivTrades vs TMGM, the differences are clear. ActivTrades runs client webinars at least monthly and offers 10+ beginner videos as well as 10+ advanced videos, giving newcomers and progressing traders plenty of step-by-step lessons. TMGM, by contrast, does not host monthly educational webinars and does not meet the 10+ video mark for beginner or advanced topics. Whether either broker meets a broader “forex and CFDs education” threshold of 10+ total pieces, provides a searchable archive of recorded webinars, or maintains an investor dictionary of 50+ terms was not specified in the details provided.
Ratings echo this gap: ActivTrades earns 4 stars for Education and ranks #38 out of 63 brokers on ForexBrokers.com, while TMGM holds 3.5 stars and ranks #54. If you want structured learning with regular webinars and a deeper video library for both beginner and advanced topics, ActivTrades stands out. TMGM may suit traders who need fewer learning materials and don’t rely on live classes.
| Feature |
ActivTrades
|
TMGM
|
|---|---|---|
| Education (Forex or CFDs) | ||
| Webinars | Yes | No |
| Client Webinars (Archived) [DELETED] | ||
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) [DELETED] |
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 |
|
|
| Trust Score | 81 | 83 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
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 online brokers ActivTrades vs TMGM: both support Skrill and bank wire deposits/withdrawals and do not offer ACH/SEPA, ActivTrades does not support PayPal while TMGM does, and Visa/Mastercard availability is not specified for either.
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.
Select Brokers
↓×Compare
0 of 5| Overall Rating | ActivTrades | TMGM | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 81 | 83 | |
| Winner | check_circle | ||
| Review | ActivTrades Review | TMGM Review |
| Broker Screenshots | ActivTrades | TMGM | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
|
| 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) | Yes | ||
| Canada (CIRO Authorised) | No | ||
| Hong Kong (SFC Authorised) | No | ||
| Japan (SFC Authorised) | No | ||
| Singapore (MAS Authorised) | No | ||
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | ||
| New Zealand (FMA Authorised) | Yes | ||
| Regulated in one or more EU or EEA countries (MiFID). | No |
| Tier-2 Licenses (Trusted) | ActivTrades | TMGM | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | ||
| South Africa (FSCA Authorised) | No | ||
| UAE (DFSA, FSRA, or SCA Authorised) | No | ||
| India (SEBI Authorised) | No | ||
| Jordan (JSC Authorised) |
| 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 | |
| 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 | |
| Bank Wire (Deposit/Withdraw) | Yes | 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 | |
| Social Trading / 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 | Yes | Yes | |
| Watchlist 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 | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | 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 | 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 | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 81 | 83 | |
| Winner | check_circle | ||
| Review | ActivTrades Review | TMGM Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill