Written by ForexBrokers.com
In this head to head comparison of TMGM vs Axi, 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.
When comparing TMGM to Axi, both online brokers offer a trustworthy trading environment, though with subtle differences in their credentials. TMGM, founded in 2013, and Axi, established in 2007, are not publicly traded companies nor do they operate as banks. Each broker holds two highly-valued Tier-1 licenses, indicating their credibility in the market. Additionally, Axi holds one Tier-2 license, enhancing its reputation further.
Both TMGM and Axi achieve similar Trust Scores as rated by ForexBrokers.com, with TMGM receiving a score of 83 and Axi close behind at 82. These scores place them both in the 'trusted' category, providing traders confidence in their reliability. Despite their slightly different license portfolios, TMGM and Axi maintain similar levels of trust and serve as strong candidates for those looking to engage in online trading.
| Feature |
TMGM
|
Axi
|
|---|---|---|
| Year Founded | 2013 | 2007 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 1 |
TMGM and Axi each earn 4 out of 5 stars for commissions and fees. In ForexBrokers.com’s 2024 rankings, TMGM places #37 of 63 brokers, while Axi is #44 of 63—giving TMGM a slight edge in this category.
TMGM’s pricing depends on the account you choose. The Edge account charges a low commission of $3.50 per side ($7 round trip) on top of typically low spreads, and TMGM advertises no requotes. The Classic account is spread-only. Note that TMGM does not publish recent average spread data for popular pairs like EUR/USD. Also, swap-free (Islamic) trading is available only on the Edge account.
Axi does not publish average spread data either, which makes direct cost comparisons harder. Since average spreads help you estimate real-world trading costs, the lack of this transparency from both brokers is a drawback. If you want a clear, low-commission setup with the option for swap-free trading, TMGM’s Edge account stands out; with Axi, you may want to test pricing on a demo or small live trade to gauge typical spreads for your markets.
| Feature |
TMGM
|
Axi
|
|---|---|---|
| Minimum Deposit | $100 | $0 |
| Average Spread EUR/USD - Standard | N/A | N/A |
| All-in Cost EUR/USD - Active | N/A | N/A |
| Active Trader or VIP Discounts | No | Yes |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Comparing TMGM vs Axi for range of investments, TMGM offers far more tradeable symbols overall (12,000 vs 175). Axi holds a slight edge in forex pairs (65 vs 62), and both brokers offer forex trading. Neither broker lets you buy real, exchange-traded shares on U.S. or international stock exchanges, so you can’t purchase actual stocks like Apple or Vodafone through either platform.
Both TMGM and Axi support copy trading and let you trade cryptocurrency derivatives, but neither allows buying actual (delivered) crypto. For range of investments, ForexBrokers.com rates TMGM 4.5/5 (ranked #18 of 63) and Axi 3.5/5 (ranked #57). In short, TMGM suits traders seeking many markets, while Axi may fit those focused mainly on forex pairs with access to copy trading and crypto derivatives.
| Feature |
TMGM
|
Axi
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12000 | 175 |
| Forex Pairs (Total) | 62 | 65 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | 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.
TMGM vs Axi: both brokers offer free paper trading (demo accounts), Windows desktop and web-based platforms, and no in‑house proprietary platform. Each supports MetaTrader 4 (MT4), while only TMGM also offers MetaTrader 5 (MT5)—a key difference if you want newer order types and more symbols. Copy trading is available at both, but Axi connects to ZuluTrade while TMGM does not; neither supports DupliTrade.
For tools, both TMGM and Axi let you trade directly from charts, include 15 drawing tools, and provide watchlists with 7 columns. Indicator availability depends on the MetaTrader platform you use. According to ForexBrokers.com, TMGM earns 4 stars for Trading Platforms & Tools versus Axi’s 3.5 stars, with TMGM ranked ahead of Axi in this category. In short: choose TMGM if you need MT5, and consider Axi if ZuluTrade is important to your copy‑trading setup.
| Feature |
TMGM
|
Axi
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | No |
| DupliTrade | No | No |
| ZuluTrade | No | Yes |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Drawing Tools (Total) | 15 | 15 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
TMGM and Axi both offer mobile trading apps for iPhone and Android, with price alerts and the ability to build watchlists with real-time quotes. Each app includes 30 technical studies, lets you draw trendlines, and supports multiple time frames from intraday to daily and weekly. One shared limitation is that watchlists in the mobile apps do not sync with your online account.
The key difference is chart management: TMGM auto-saves your drawings, while Axi does not. TMGM’s app is rated 4 stars versus Axi’s 3.5 stars, and in ForexBrokers.com’s Mobile Trading Apps ranking, TMGM places 48th out of 63 brokers while Axi is 60th. If saving chart markups and a slightly higher score matter to you, TMGM has the edge; otherwise, their core mobile features are very similar.
| Feature |
TMGM
|
Axi
|
|---|---|---|
| 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 | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Comparing TMGM vs Axi for market research: TMGM supplies daily market commentary, while Axi does not. Both brokers stream forex news from top-tier sources such as Bloomberg, Reuters, or Dow Jones. For technical and fundamental tools, TMGM integrates Trading Central and research from Acuity Trading (e.g., Signal Centre), plus a sentiment tool that shows long/short ratios. Axi counters with Autochartist and its own sentiment tool. Both TMGM and Axi provide an economic calendar. TMGM does not offer TipRanks, and Axi’s availability for TipRanks or Acuity Trading wasn’t specified.
For overall research quality, TMGM is rated 3.5 out of 5 stars and ranks 54th out of 63 brokers at ForexBrokers.com, while Axi is rated 3 out of 5 stars and ranks 56th. In short, choose TMGM if you want daily commentary and Trading Central insights; pick Axi if Autochartist is a priority. Either way, you’ll still get sentiment data, an economic calendar, and mainstream forex news coverage.
| Feature |
TMGM
|
Axi
|
|---|---|---|
| Daily Market Commentary | Yes | No |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | Yes |
| Trading Central (Recognia) | Yes | No |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | |
| Signal Centre (Acuity Trading) | Yes | |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When it comes to educational resources for beginners, online brokers TMGM and Axi provide different offerings. TMGM does not offer an extensive range of materials, falling short of providing at least ten pieces of content on forex or CFDs for beginners. However, TMGM does have a searchable archive of recorded webinars and provides an investor dictionary with over 50 investment terms. On the contrary, Axi offers a robust collection of beginner-focused resources, including more than ten educational pieces and video tutorials on trading. They also host regular online webinars for their clients, yet do not offer a searchable archive of recorded sessions.
In terms of educational ratings and rankings, TMGM receives a slightly higher score than Axi with 3.5 stars compared to Axi's 3 stars. Interestingly, despite TMGM's higher star rating, it ranks lower in the educational category according to ForexBrokers.com, sitting at #54 out of 63 compared to Axi's #27 ranking. Both brokers provide investor dictionaries with numerous terms, ensuring users have access to essential trading definitions. For beginner traders prioritizing comprehensive educational resources and ongoing live learning opportunities, Axi seems to have the upper hand, whereas TMGM may appeal to those preferring access to previously aired webinar content.
| Feature |
TMGM
|
Axi
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | Yes |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | No |
| Investor Dictionary (Glossary) | Yes | Yes |
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 Axi. TMGM finished with an overall rank of #37, while Axi finished with an overall rank of #49.
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
|
Axi
|
|---|---|---|
| Overall Rating |
|
|
| Trust Score | 83 | 82 |
| Range of Investments |
|
|
| Commissions & Fees |
|
|
| Platforms & Tools |
|
|
| Research |
|
|
| Mobile Trading |
|
|
| Education |
|
|
Both TMGM and Axi do not offer the ability to purchase actual (delivered) cryptocurrency; however, they both provide options to buy cryptocurrency derivatives.
While both TMGM and Axi facilitate deposits and withdrawals via Skrill, Visa, Mastercard, and bank wires, TMGM also provides PayPal as an option while neither broker supports ACH or SEPA transfers.
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 | TMGM | Axi | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 83 | 82 | |
| Winner | check_circle | ||
| Review | TMGM Review |
| Broker Screenshots | TMGM | Axi | |
|---|---|---|---|
| Broker Gallery (click to expand) |
|
| Regulation | TMGM | Axi | |
|---|---|---|---|
| Trust Score | 83 | 82 | |
| Year Founded | 2013 | 2007 | |
| 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 | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 1 |
| Tier-1 Licenses (Highly Trusted) | TMGM | Axi | |
|---|---|---|---|
| Australia (ASIC Authorised) | Yes | 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) | |||
| 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 | No |
| Tier-2 Licenses (Trusted) | TMGM | Axi | |
|---|---|---|---|
| Kenya (CMA Authorised) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | No | |
| UAE (DFSA/Central Bank Authorised) | No | Yes | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | TMGM | Axi | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12000 | 175 | |
| Forex Pairs (Total) | 62 | 65 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | 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 | TMGM | Axi | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | N/A | |
| All-in Cost EUR/USD - Active | N/A | N/A | |
| Active Trader or VIP Discounts | No | Yes | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | TMGM | Axi | |
|---|---|---|---|
| Minimum Deposit | $100 | $0 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| 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 | TMGM | Axi | |
|---|---|---|---|
| Proprietary Platform | No | 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 | No | |
| cTrader | No | No | |
| DupliTrade | No | No | |
| ZuluTrade | No | Yes |
| Trading Tools | TMGM | Axi | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 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 | TMGM | Axi | |
|---|---|---|---|
| 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 | No | |
| Mobile Economic Calendar | Yes | No |
| Research | TMGM | Axi | |
|---|---|---|---|
| Daily Market Commentary | Yes | No | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | Yes | |
| Trading Central (Recognia) | Yes | No | |
| TipRanks | No | ||
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | TMGM | Axi | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | Yes | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | TMGM | Axi | |
|---|---|---|---|
| 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 | TMGM Review |
| Overall | TMGM | Axi | |
|---|---|---|---|
| Overall Rating |
|
| |
| Commissions & Fees |
|
| |
| Range of Investments |
|
| |
| Platforms & Tools |
|
| |
| Mobile Trading |
|
| |
| Research |
|
| |
| Education |
|
| |
| Trust Score | 83 | 82 | |
| Winner | check_circle | ||
| Review | TMGM Review |
IG
CMC Markets
FOREX.com
XTB
eToro
AvaTrade
Plus500
Pepperstone
FP Markets
Tickmill
