ActivTrades and TMGM square off on regulation, platform power, and stock access. The tension centers on cost, ownership potential, and geographic reach.
ActivTrades and TMGM are closely matched, but ActivTrades emphasizes safety and zero-deposit entry, while TMGM emphasizes broad exchange access and DMA.
Find out which stock broker best suits your investing profile.
Choose ActivTrades if…
Choose ActivTrades if you want zero-deposit entry and strong regulatory protection.
Choose TMGM if…
Choose TMGM if you want DMA access and a broad exchange footprint.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
ActivTrades is FCA-regulated with supplemental private insurance up to GBP 1,000,000.
| Editorial score | 3.7/ 5 | 3.8/ 5 |
|---|---|---|
| Min deposit | No minimum▼ lower | $100 |
| Spreads from | 0.5 pips | 0 pips▼ lower |
| Commission / lot | N/A | $7/lot |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | ActivTrades | TMGM |
|---|---|---|
| Trust & Regulation | ||
| Top-tier regulator (FCA, ASIC, SEC, etc.) | Pass | Pass |
| Segregated client funds | Pass | Pass |
| Negative balance protection | Pass | Pass |
| Compensation scheme (e.g. FSCS, SIPC) | Pass | Fail |
| Costs | ||
| Commission-free trading | Fail | Fail |
| Features | ||
| Fractional shares | Fail | Fail |
| Dividend reinvestment (DRIP) | Fail | Fail |
| Extended hours trading | Fail | Fail |
| IPO access | Fail | Fail |
| Short selling | Pass | Pass |
| Stock screener tool | Fail | Fail |
| Support | ||
| Mobile app | Pass | Pass |
| Advanced charting tools | Pass | Pass |
| 24/5 live chat | Pass | Pass |
| Phone support | Pass | Pass |
The scores are close: ActivTrades rates 3.7/5 and TMGM rates 3.8/5. TMGM has a marginal edge in our scoring, but the difference is small enough that your specific priorities — fees, platforms, or regulatory jurisdiction — should guide the final choice.
TMGM lists tighter spreads from 0, compared with ActivTrades's 0.5. For stock trading, also factor in any per-trade or per-share commissions — spreads and commissions together determine the true cost per trade.
ActivTrades has no minimum deposit, while TMGM requires at least $100. This makes ActivTrades more accessible for traders with limited starting capital.
Both ActivTrades and TMGM hold licences from top-tier regulators, indicating a high standard of regulatory oversight. Check each broker's specific regulatory bodies to confirm coverage in your jurisdiction.
For beginners, two factors stand out: ActivTrades has no minimum deposit, removing the capital barrier entirely, and both brokers provide negative balance protection. Also compare demo account availability and educational resources before deciding.
ActivTrades lists maximum leverage of 20:1, while TMGM lists up to 20:1. Available leverage depends on your jurisdiction. EU retail clients under ESMA rules are capped at 1:30 on major forex pairs.
TMGM charges $7 per trade on commission-based accounts. Commission details for ActivTrades are not currently available. Check their website for up-to-date pricing. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
ActivTrades supports MetaTrader 4, ActivTrader, while TMGM supports IRESS, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. ActivTrades has exclusive access to ActivTrader. TMGM has exclusive access to IRESS and MetaTrader 5.
Neither ActivTrades nor TMGM is listed as offering commission-free trading in our data. Compare each broker's commission schedule directly, as fees vary by account type and the markets you trade.
ActivTrades scores higher on investor protection criteria, with compensation scheme coverage and segregated client funds. For stock investors, confirming compensation scheme coverage ensures your assets are protected up to a defined limit if the broker becomes insolvent.
TMGM offers DMA depth and a wide instrument range for active traders.
ActivTrades provides a $0 minimum deposit and straightforward accounts for beginners.
TMGM offers broad global access with 15 exchanges and real equities.
ActivTrades offers $0 min deposit and no commission on standard accounts.
TMGM provides real equities via IRESS DMA, appealing to longer-hold strategies.
| N/A |
| 0.7 pips |
| Inactivity fee | None | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardPayPal | Bank transferCredit cardDebit cardCrypto |
|---|
| Withdrawal methods | Bank transferCredit card | Bank transferCredit cardCrypto |
|---|
| Withdrawal fee | Free | Free |
|---|
| Commission-free | No | No |
|---|
| Fractional shares | No | No |
|---|
| Dividend reinvestment | No | No |
|---|
| Extended hours | No | No |
|---|
| IPO access | No | No |
|---|
| Short selling | Yes | Yes |
|---|
| Regulators | FCA CMVM SCB | ASIC VFSC |
|---|
| Platforms | MetaTrader 4 ActivTrader | IRESS MetaTrader 5 MetaTrader 4 |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
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