In this head to head, Axi and TMGM contrast platform choice and market reach, creating distinct tradeoffs in access, regulation, and support.
Axi and TMGM are closely matched. TMGM edges ahead on exchange access.
Find out which stock broker best suits your investing profile.
Choose Axi if…
Choose Axi if you value a proprietary trading platform and a built-in compensation scheme that aligns costs with performance across assets. You also gain access to 8 exchanges, differentiating it from TMGM, and you can operate within a single account for equities CFDs.
Choose TMGM if…
Choose TMGM if you value 24/5 live chat and telephone support for urgent questions and account navigation. You also access 15 exchanges, including real equities via IRESS DMA, and a broad instrument universe beyond CFDs alone.
Which broker wins for each type of stock trader, based on costs, safety, features, and editorial scoring.
Axi combines ASIC and FCA oversight with a compensation scheme, boosting safety and protection.
| Editorial score | 3.7/ 5 | 3.8/ 5 |
|---|---|---|
| Min deposit | No minimum▼ lower | $100 |
| Spreads from | 0 pips | 0 pips |
| Commission / lot | $7/lot | $7/lot |
A closer look at the specific criteria each broker meets or misses within each scoring category.
| Criteria | Axi | 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 | Fail | Pass |
| Phone support | Fail | Pass |
The scores are close: Axi 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.
Both Axi and TMGM start from the same spread of 0. For stock trading, also compare per-trade or per-share commissions to determine the total cost per transaction.
Axi has no minimum deposit, while TMGM requires at least $100. This makes Axi more accessible for traders with limited starting capital.
Both Axi 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: Axi 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.
Axi 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.
Both Axi and TMGM charge the same commission of $7 per trade on applicable accounts. Stock commissions may be charged as a flat rate per trade or per share; confirm the exact structure on each broker's website.
Axi supports DXtrade, MetaTrader 4, while TMGM supports IRESS, MetaTrader 5, MetaTrader 4. Both provide MetaTrader 4. Axi has exclusive access to DXtrade. TMGM has exclusive access to IRESS and MetaTrader 5.
Neither Axi 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.
Axi 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 access and a wide instrument universe, appealing to active traders.
Axi's zero-deposit option and straightforward setup suit beginners.
TMGM provides 15 exchanges and IRESS-included equities for global reach.
Axi offers a zero minimum deposit, lowering entry costs for new investors.
TMGM supports real stock ownership via IRESS DMA, aiding long-term stock investment.
| 0.7 pips |
| 0.7 pips |
| Inactivity fee | None | None |
|---|
| Deposit fee | Free | Free |
|---|
| Deposit methods | Bank transferCredit cardDebit cardSkrillNeteller | Bank transferCredit cardDebit cardCrypto |
|---|
| Withdrawal methods | Bank transferCredit cardSkrillNeteller | 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 ASIC DFSA | ASIC VFSC |
|---|
| Platforms | DXtrade MetaTrader 4 | IRESS MetaTrader 5 MetaTrader 4 |
|---|
Dig deeper into each broker’s features, fees, and regulation.
Score 3.7 / 5
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