Axi vs TMGM 2026
By Akash · Facts last confirmed (UTC) · 39 of 48 facts confirmed on the brokers’ own pages
Axi has the higher TFB Score (81/100 vs 65/100). Axi is regulated by FCA, ASIC, CySEC; TMGM by ASIC, VFSC, FSA. TFB Score: Axi 81/100, TMGM 65/100.
Axi is a forex and CFD broker with FCA, ASIC, CySEC and DFSA-regulated entities, offering MT4, MT5 and the Axi Trading Platform app with Standard, Premium and Elite accounts on its global site (Standard and Pro on the Australian site).
66.36% of retail CFD accounts lose money with this provider.
TMGM is an Australian-founded CFD broker (since 2013) offering MetaTrader 4 and MetaTrader 5 with EDGE (spreads from 0.0 pips plus commission) and CLASSIC (spreads from 1.0 pips, no commission) accounts, operating through entities regulated by ASIC, the VFSC, the FSA Seychelles, the FSC Mauritius and the CMA Kenya.
Side by side
| Item | Axi | TMGM |
|---|---|---|
| TFB Score | 81/100â–² | 65/100 |
| Regulation & safety | 34/35â–²3 tier-1 regulators (FCA, ASIC, CySEC), investor compensation | 23/351 tier-1 regulator (ASIC), client money kept apart |
| Fees & costs | 18/25â–²All-in cost from 1.13 pips | 13/25Spreads and commission not published (counted as neutral) |
| Deposits & withdrawals | 13/20Minimum deposit $500, 6 deposit methods, 1 withdrawal method | 14/20â–²Minimum deposit $100 (EDGE and CLASSIC), 3 deposit methods |
| Platforms & trading | 16/20â–²MT4, MT5; leverage up to 1000:1 (global site, AxiTrader LLC; 30:1 for retail clients of the ASIC and CySEC entities) | 15/20MT4, MT5; leverage up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Trader Score | No trader scores yet | No trader scores yet |
| Regulators | FCA, ASIC, CySEC, DFSA, FMA (NZ) | ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC |
| Minimum deposit | $500 | $100 (EDGE and CLASSIC) |
| Spreads from | 0.68 pips | Not published |
| Commission | $4.5 round trip per lot (Premium; Elite $3.5 round trip; none on Standard; global site, AxiTrader LLC) | Not published |
| Max leverage | up to 1000:1 (global site, AxiTrader LLC; 30:1 for retail clients of the ASIC and CySEC entities) | up to 1:1000 (international entities; 1:30 for the Australian entity) |
| Platforms | ||
| Withdrawal methods | Same method as deposit for initial deposit, then other available methods | Not published |
| Retail accounts losing money | 66.36% | Not published |
Facts from each broker's own website and the regulators' registers. Full sources are on each review: Axi review · TMGM review.
Frequently asked questions
Short answers, from the facts shown on this page.
Is Axi or TMGM better?
Axi has the higher TFB Score (81/100 vs 65/100). The best choice depends on your country, platform and payment method.
Are Axi and TMGM regulated?
Axi: FCA, ASIC, CySEC, DFSA, FMA (NZ). TMGM: ASIC, VFSC, FSA, FSA Seychelles, FSC Mauritius, FSC. Every licence is linked to the regulator's register on each review.
Which is safer, Axi or TMGM?
Axi holds 3 tier-1 licences (FCA, ASIC and CySEC); TMGM holds 1 (ASIC). Tier-1 regulators have the strictest rules on client money. Your protection depends on which company opens your account.
What is the minimum deposit at Axi and TMGM?
Axi: $500. TMGM: $100 (EDGE and CLASSIC). TMGM asks for less to start.
Do Axi and TMGM offer MetaTrader and TradingView?
Both offer MetaTrader 4 and MetaTrader 5. Axi: MT4, MT5, Axi Trading Platform app. TMGM: MT4, MT5.
What is the maximum leverage at Axi and TMGM?
Axi: up to 1000:1 (global site, AxiTrader LLC; 30:1 for retail clients of the ASIC and CySEC entities). TMGM: up to 1:1000 (international entities; 1:30 for the Australian entity). Leverage depends on the company that opens your account and on your country.
More Axi comparisons
More TMGM comparisons
Forex trading at these brokers is done through CFDs (contracts for difference): you trade on the price moving up or down, without owning the currency itself.Risk warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. At Axi, 66.36% of retail investor accounts lose money when trading CFDs with that provider. You should consider whether you can afford to take the high risk of losing your money. Read the full risk warning