ActivTrader Vs. TMGM - Compare Trustworthiness, Capabilities, Fees and Legitimacy

ActivTrades is a global broker founded in Switzerland in 2001 that specialises in providing CFDs on stocks, ETFs, currencies, indices, commodities and cryptocurrencies along with their own proprietary platform and MT4 & 5.

TMGM is an Australian broker specialised in financial derivatives known as contract-for-differences (CFDs). Operating since 2013, TMGM provides trading in forex, stocks, indices, cryptocurrencies and commodities.

• Beginner and intermediate traders looking for a simple and powerful platform
• Experienced currency traders looking to exploit the tight spreads
• CFD traders looking for an de-leveraged option to trade

• Swing traders who can use high leverage
• Stock traders who do not have access or funds to trade with specialised brokers

• FCA (UK)
• SCB (Bahamas)
• CSSF (Luxembourg)

• ASIC (Australia)
• FMA (New Zealand)
• VFSC (Vanuatu)

• Great and intuitive proprietary platform
• MT4 and MT5 offered
• Low currency spreads

• High and flexible leverage
• No deposit or withdrawal fees
• Supports Expert Advisors (EAs), hedging and news trading

• Asset offering is small when compared to similar competitors
• Commissions are charged
• Cryptocurrency trading is disabled during weekends

• Only has financial derivatives (CFDs)
• Inactivity fee is tied to minimum account balance

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• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Valid identity document (Passport, ID Card, etc)
• Valid proof of residence document (Bank statement, utility bills)

All documents must be under the account holder's name.

• Visa
• Mastercard
• Neteller
• Skrill
• Sofort
• Bank Transfer

• Bank Transfer
• Credit cards
• Debit cards
• FasaPay
• Neteller
• RMB Instant
• Revolut
• Paytrust
• Skrill
• Sticpay
• UnionPay
• Wise

US, CA, SY, IR.

US.

$10 monthly after 1 year of inactivity.

$30 fee if there is no activity for 6 months or if the account balance falls below $500.

Yes depending on method:

• Credit and Debit cards have a 1.5% fee

Only for bank transfer withdrawals (9 GBP each)

Yes depending on asset:

• For European shares (excluding London) there are fees of 0.05% of the transaction value (minimum 1€) or 0.01% of the transaction value (minimum 5€)
• For London shares there are commissions of 0.10% of transaction value (minimum 1£)
• For New york and other international shares there are commissions of $0.02 per share (minimum $1)

Along specific commissions per asset there can be market data fees such as 1€ monthly for New york exchanges or others.

Yes, from $3.5 per lot round turn