Written by ForexBrokers.com
In this head to head comparison of TMGM vs ATFX, 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.
TMGM, established in 2013, and ATFX, founded in 2017, are both online brokerage firms that are not publicly traded and do not operate as banks. When it comes to regulatory strength, ATFX holds a slight edge with four Tier-1 licenses compared to TMGM’s two. Both brokers are considered trusted, with TMGM earning a Trust Score of 83 and ATFX a slightly higher score of 85 according to ForexBrokers.com.
In addition to their Tier-1 licenses, ATFX is further bolstered by two Tier-2 licenses, reinforcing its status as a trusted platform. TMGM, meanwhile, doesn’t hold any Tier-2 licenses. For those prioritizing regulatory oversight, ATFX may present a more appealing option, although both brokers maintain a solid position in terms of trust and reliability within the online trading community.
| Feature |
TMGM
|
ATFX
|
|---|---|---|
| Year Founded | 2013 | 2017 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 4 |
| Tier-2 Licenses | 0 | 2 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
If you’re comparing commissions and fees, TMGM is rated 4 out of 5 stars and ranks 37th out of 63 brokers for this category at ForexBrokers.com, while ATFX is rated 3 out of 5 stars and ranks 61st out of 63. Both brokers lack published average spread data, which makes direct cost comparisons harder.
TMGM offers two pricing setups: the Classic account (spread-only) and the Edge account (commission-based). The Edge account charges a small $3.50 per side ($7 round trip) plus low prevailing spreads, and TMGM notes no requotes. Recent average spread data for EUR/USD was not available, and publishing such averages helps traders estimate real-world costs. Islamic (swap-free) trading is available only on the Edge account; the Classic account does not offer a swap-free option.
ATFX does not publish average spread data, so traders will need to gauge costs from live quotes or a demo. With a 3 out of 5 star rating and a 61/63 ranking for commissions and fees, ATFX trails TMGM’s 4 out of 5 star rating and 37/63 ranking in this specific area.
| Feature |
TMGM
|
ATFX
|
|---|---|---|
| Minimum Deposit | $100 | $500 |
| Average spread (EUR/USD) - Standard account | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | ||
| Skrill (Deposit/Withdraw) | ||
| Bank Wire (Deposit/Withdraw) |
Dive deeper: Best Low Spread Forex Brokers.
TMGM vs ATFX on range of investments: both brokers let you trade forex as CFDs or as spot. TMGM lists about 12,000 tradeable symbols, while ATFX offers around 150. For currency traders, TMGM provides 62 forex pairs, compared with 44 at ATFX. Both platforms also support copy trading, making it easier to follow experienced traders.
Neither broker lets you buy exchange-traded shares directly on U.S. or international stock exchanges, and neither sells actual cryptocurrency; instead, both offer cryptocurrency CFDs. Reflecting these lineups, ForexBrokers.com rates TMGM 4.5/5 stars for Range of Investments (ranked 18th of 63 brokers) and ATFX 3.5/5 stars (ranked 58th of 63). If you want the widest selection and more forex pairs, TMGM is the stronger pick, while ATFX covers key markets with a leaner catalog.
| Feature |
TMGM
|
ATFX
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12000 | 150 |
| Forex Pairs (Total) | 62 | 44 |
| U.S. Stocks (Shares) | No | No |
| Global Stocks (Non-U.S. Shares) | No | 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.
Comparing TMGM vs ATFX for trading platforms and tools, both brokers check the same key boxes: they offer free demo (paper) accounts, Windows-based desktop platforms, web-based platforms, copy trading, and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5). You can place trades directly from charts with either broker. Neither TMGM nor ATFX provides a proprietary, in-house platform. Details such as the exact number of built-in indicators or watchlist fields weren’t specified.
Based on ForexBrokers.com’s assessments, TMGM earns 4 stars and ranks 49th out of 63 brokers for Trading Platforms and Tools, while ATFX earns 3.5 stars and ranks 63rd. If you want slightly higher-rated platform tools within the MetaTrader ecosystem, TMGM edges out ATFX; if you’re simply seeking MT4/MT5 access with demo and copy trading, both brokers offer similar capabilities.
| Feature |
TMGM
|
ATFX
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading Platform | No | 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.
Both TMGM and ATFX offer mobile trading apps for iPhone and Android, and each supports price alerts, drawing trendlines on charts, and auto-saving those drawings. The big difference is charting depth: TMGM provides 30 technical indicators, while ATFX includes 7. Neither app currently syncs watchlists between the mobile app and your online account.
According to ForexBrokers.com, TMGM’s mobile app earns 4 stars and ranks #48 out of 63 brokers, while ATFX scores 3.5 stars and ranks #64. If you want more indicators for on-the-go charting, TMGM is the stronger pick. If you only need basic charting and alerts, ATFX can do the job, but keep in mind that watchlists won’t sync on either platform.
| Feature |
TMGM
|
ATFX
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 7 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing TMGM vs ATFX for market research: both brokers provide daily market commentary and an economic calendar, plus access to Trading Central. TMGM stands out with forex news from top-tier sources like Bloomberg, Reuters, and Dow Jones, and it includes a sentiment tool showing long/short positioning—features ATFX doesn’t offer. TMGM also adds research from Acuity Trading (e.g., Signal Centre), while ATFX’s access to Acuity Trading and TipRanks isn’t specified. ATFX’s key advantage is Autochartist, which TMGM does not provide.
In independent ratings, TMGM earns 3.5 stars for Research and ranks #54 out of 63 brokers at ForexBrokers.com, while ATFX scores 3 stars and ranks #55. Choose TMGM if you want built-in news coverage and sentiment insights; pick ATFX if Autochartist’s pattern recognition is a priority.
| Feature |
TMGM
|
ATFX
|
|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | No |
| Autochartist | No | Yes |
| Trading Central | Yes | Yes |
| Client sentiment data | Yes | No |
| TipRanks | No | |
| Acuity Trading | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
TMGM vs ATFX for beginner trading education: ATFX is the better pick if you prefer learning through videos, offering at least 10 beginner-focused trading videos. TMGM does not meet that 10-video beginner mark. Neither broker runs monthly educational webinars, and neither provides 10 or more advanced trading videos. If you want a larger, video-led path into forex and CFD education, ATFX has the edge.
How they score: TMGM earns 3.5 out of 5 stars for Education and ranks #54 out of 63 brokers at ForexBrokers.com. ATFX is rated 3 out of 5 stars but ranks higher at #28 out of 63. In short, ATFX brings more beginner videos and a stronger category placement, while TMGM carries a slightly higher star rating—choose based on whether you value a bigger beginner video library or the higher star score.
| Feature |
TMGM
|
ATFX
|
|---|---|---|
| Webinars | No | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 of the best forex brokers, our research and account testing finds that TMGM is better than ATFX. TMGM finished with an overall rank of #37, while ATFX finished with an overall rank of #51.
TMGM stands out for its impressive education toolset, though it still trails behind the best brokers in most categories. TMGM offers a small range of markets via the MetaTrader 4 (MT4) platform. While primarily a MetaTrader broker, it also offers the more exclusive IRESS platform – though the platform-specific requirements will limit who can use it.
| Feature |
TMGM
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ATFX
|
|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 85 |
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TMGM vs ATFX: neither online broker supports buying actual (delivered) cryptocurrencies, but both brokers allow trading cryptocurrency CFDs instead.
TMGM vs ATFX: both online brokers do not offer ACH or SEPA transfers for deposits or withdrawals, and the provided data does not specify whether either supports PayPal, Skrill, Visa/Mastercard, or bank wire funding methods.
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 | TMGM | ATFX | |
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| Trust Score | 83 | 85 | |
| Winner | check_circle | ||
| Review | TMGM Review |
| Broker Screenshots | TMGM | ATFX | |
|---|---|---|---|
| Broker Gallery (click to expand) |
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| Regulation | TMGM | ATFX | |
|---|---|---|---|
| Trust Score | 83 | 85 | |
| Year Founded | 2013 | 2017 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes | |
| Tier-1 Licenses | 2 | 4 | |
| Tier-2 Licenses | 0 | 2 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | TMGM | ATFX | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | Yes | |
| Canada (CIRO Authorised) | No | No | |
| Hong Kong (SFC Authorised) | No | Yes | |
| Japan (SFC Authorised) | No | No | |
| Singapore (MAS Authorised) | No | No | |
| Switzerland (FINMA Authorised) | |||
| United Kingdom (U.K.) (FCA Authorised) | No | Yes | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | Yes |
| Tier-2 Licenses (Trusted) | TMGM | ATFX | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No |
| Investments | TMGM | ATFX | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12000 | 150 | |
| Forex Pairs (Total) | 62 | 44 | |
| U.S. Stocks (Shares) | No | No | |
| Global Stocks (Non-U.S. Shares) | No | 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 | TMGM | ATFX | |
|---|---|---|---|
| Average spread (EUR/USD) - Standard account | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Inactivity Fee | Yes | No | |
| Order execution: Agency | Yes | No | |
| Order execution: Market Maker | Yes | Yes |
| Funding | TMGM | ATFX | |
|---|---|---|---|
| Minimum Deposit | $100 | $500 | |
| PayPal (Deposit/Withdraw) | |||
| Skrill (Deposit/Withdraw) | |||
| Bank Wire (Deposit/Withdraw) | |||
| Non-wire bank transfer | No | No |
| Trading Platforms | TMGM | ATFX | |
|---|---|---|---|
| Proprietary Desktop Trading Platform | No | 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 | TMGM | ATFX | |
|---|---|---|---|
| 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 | TMGM | ATFX | |
|---|---|---|---|
| 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 | 7 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | TMGM | ATFX | |
|---|---|---|---|
| Daily Market Commentary (Articles) | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | No | |
| Autochartist | No | Yes | |
| Trading Central | Yes | Yes | |
| TipRanks | No | ||
| Client sentiment data | Yes | No | |
| Economic Calendar | Yes | Yes |
| Education | TMGM | ATFX | |
|---|---|---|---|
| Webinars | No | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No |
| Major Forex Pairs | TMGM | ATFX | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY [DELETED] | |||
| EUR/USD | Yes | Yes | |
| USD/CHF [DELETED] | |||
| USD/CAD [DELETED] | |||
| NZD/USD [DELETED] | |||
| AUD/USD [DELETED] | |||
| Review | TMGM Review |
| Overall | TMGM | ATFX | |
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| Trust Score | 83 | 85 | |
| Winner | check_circle | ||
| Review | TMGM Review |
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