Written by ForexBrokers.com
In this head to head comparison of Vantage vs TMGM, 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.
Vantage and TMGM are both reputable online brokers, but they have some differences in their regulatory standings and trust ratings. Vantage, established in 2009, and TMGM, founded in 2013, are not publicly traded companies and neither operates as a bank. Both brokers boast two Tier-1 licenses each, indicating they are highly trusted by regulatory standards. However, Vantage holds an additional Tier-2 license, further enhancing its trusted status among brokers, while TMGM does not possess any Tier-2 licenses.
When it comes to trust scores, Vantage has an impressive rating of 90 out of 99 according to ForexBrokers.com, earning it the label of highly trusted. TMGM, with a trust score of 83, is also regarded as trusted, but does not reach the same level of trust as Vantage. These scores reflect the brokers' regulatory compliance and general reliability in the financial markets, providing potential clients with insight into their trustworthiness.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Year Founded | 2009 | 2013 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 2 |
| Tier-2 Licenses | 1 | 0 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 2 |
Vantage offers three account types with varying commission structures: the Standard STP, Raw ECN, and PRO ECN accounts. The Standard account features typical spreads of 1.30 pips on EUR/USD. The Raw account, favored for tighter spreads, boasts an average of 0.15 pips with a $6 per round turn commission, resulting in a total cost of 0.75 pips. For traders seeking competitive pricing, the PRO ECN account is notable for its $4 per round turn commission, though it does come with specific requirements depending on the regulating entity. The active trader program offers rebates up to $8 per standard lot but is limited to the Standard account.
TMGM provides two main account types: the spread-only Classic and the commission-based Edge accounts. The Edge account stands out with a commission charge of $7 per round trip and low spreads, although exact average spreads for EUR/USD weren't disclosed. Islamic finance customers looking for interest-free swap options must choose the Edge account, as these accounts are not available with the Classic option.
In terms of commissions and fees, Vantage scores 4.5 out of 5 stars and is ranked 18th out of 62 brokers by ForexBrokers.com. TMGM, meanwhile, earns a 4 out of 5-star rating and is ranked 35th. While both brokers offer competitive options, Vantage tends to provide more value with lower fees if account requirements are met, particularly in the PRO account category.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Minimum Deposit | $50 | $100 |
| Average Spread EUR/USD - Standard | 1.30 | N/A |
| All-in Cost EUR/USD - Active | 0.75 | N/A |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Visa/Mastercard (Credit/Debit) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
When comparing Vantage and TMGM, both brokers offer forex trading through CFDs or spot contracts, allowing investors to engage in currency market transactions without purchasing the actual currencies. Vantage provides 57 tradeable forex pairs, while TMGM offers a broader selection of 62 pairs. If you're looking for a wider variety of tradeable symbols, TMGM clearly stands out with 12,000 symbols compared to Vantage's 1,000. However, neither broker allows for the purchase of exchange-traded securities like Apple on U.S. or international exchanges. Both platforms do, however, offer the convenience of copy trading.
For those interested in cryptocurrency, Vantage and TMGM provide options to trade cryptocurrency derivatives rather than owning the actual cryptocurrencies. Based on the Range of Investments category, ForexBrokers.com rates Vantage at 3.5 stars, ranking it 50th out of 62 brokers, while TMGM receives a higher rating of 4.5 stars and is ranked 17th. This rating underscores TMGM's more extensive range of investment offerings, making it a preferable option for traders seeking more diverse investment opportunities.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 12000 |
| Forex Pairs (Total) | 57 | 62 |
| 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.
When comparing Vantage and TMGM for their trading platforms and tools, both brokers offer the convenience of simulated or paper trading with free virtual demo accounts. Vantage sets itself apart by providing a proprietary platform developed in-house, while TMGM does not have this feature. Both brokers deliver a comprehensive platform experience with Windows-based desktop downloads and web-based browser platforms. They support the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) suites, as well as offering copy trading. Notably, Vantage includes access to DupliTrade and ZuluTrade, enhancing its offerings for those interested in automated and social trading options, which TMGM lacks.
In terms of charting tools, both Vantage and TMGM provide users with 15 drawing tools and enable trading directly from stock charts, offering a streamlined experience for technical analysis. Both brokers equip traders with watch lists that feature seven columns to keep tabs on market movements effectively. Nonetheless, when it comes to overall ratings and rankings, Vantage earns a slightly higher rank, securing the 15th spot out of 62 brokers in the Trading Platforms and Tools category by ForexBrokers.com, while TMGM is positioned at 48th. Despite this, both brokers achieve an admirable four-star rating in this category, ensuring traders have access to capable and diverse trading platforms.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | Yes | 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 | Yes |
| DupliTrade | Yes | No |
| ZuluTrade | Yes | No |
| 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.
Both Vantage and TMGM provide mobile trading apps available for iPhone and Android users. These apps support essential trading features, such as stock or forex price alerts, the ability to draw trendlines, and viewing multiple time frames like daily or weekly charts. They also automatically save chart drawings, ensuring that your technical analysis is always preserved. Both brokers offer 30 technical studies on their charts, allowing for in-depth analysis, and users can create watchlists with real-time quotes effortlessly.
One limitation shared by the two platforms is the absence of watchlist syncing across devices, requiring traders to manually update symbols on both their mobile app and online account. When considering user ratings, both Vantage and TMGM's mobile trading apps receive a solid 4-star rating. However, Vantage ranks higher at 26th place, compared to TMGM at 46th, out of 62 brokers evaluated by ForexBrokers.com. This difference suggests that while both apps have similar functionalities, Vantage may offer a slightly better overall experience according to the rankings.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| 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 | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When comparing Vantage and TMGM in terms of market research, both offer daily market commentaries and provide forex news from major sources like Bloomberg, Reuters, and Dow Jones. They each utilize Trading Central for technical analysis tools but neither includes resources from Autochartist. Additionally, both brokers offer sentiment-based trading tools, presenting traders with ratios of long and short positions across various currency pairs or instruments. Furthermore, both Vantage and TMGM provide access to an economic calendar that highlights current and upcoming global news events.
Despite these similarities, Vantage surpasses TMGM in research rankings. Notably, Vantage does not feature tools from Acuity Trading, while TMGM does incorporate the Signal Centre from this company. Vantage holds a research rating of 4 stars and is ranked #24 out of 62 brokers by ForexBrokers.com. Meanwhile, TMGM earns a slightly lower research rating of 3.5 stars, securing the #53 spot. This demonstrates Vantage's edge in delivering a more comprehensive research offering for its clients.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | No | No |
| Trading Central (Recognia) | Yes | Yes |
| Social Sentiment - Currency Pairs | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources available to beginners at Vantage and TMGM, Vantage clearly stands out in several key areas. Vantage offers a rich array of educational content, including over 10 articles, videos, and webinars focused on forex or CFDs. They also provide weekly live webinars, which is something TMGM does not. Additionally, Vantage has a comprehensive library of recorded webinars that users can search through, similar to TMGM's offering. However, Vantage goes a step further by providing over 10 beginner-focused videos aimed at enhancing trading skills, while TMGM falls short in this area.
Vantage shines again with its advanced educational videos, offering more than 10 pieces aimed at experienced traders—a feature TMGM lacks. Both platforms offer a dictionary with definitions of over 50 investing terms, but Vantage is rated 4 stars for education, outperforming TMGM's 3.5-star rating. In terms of rankings by ForexBrokers.com, Vantage holds the 27th spot out of 62 brokers, whereas TMGM is ranked 54th. This difference reflects Vantage's more comprehensive approach to trader education, which can be crucial for beginners seeking a stronger foundation in trading.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Education (Forex or CFDs) | Yes | No |
| Client Webinars | Yes | No |
| Client Webinars (Archived) | Yes | Yes |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
| Investor Dictionary (Glossary) | Yes | Yes |
Dive deeper: Best Forex Brokers for Beginners.
After testing 62 of the best forex brokers, our research and account testing finds that Vantage is better than TMGM. Vantage finished with an overall rank of #26, while TMGM finished with an overall rank of #37.
Vantage rounds out its MetaTrader platform suite offering with support for multiple social trading platforms, content powered by Trading Central and a proprietary mobile app. However, Vantage trails industry leaders in key areas such as research and education.
| Feature |
Vantage
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TMGM
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|---|---|---|
| Overall Rating |
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| Trust Score | 90 | 83 |
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Both Vantage and TMGM do not offer the ability to purchase actual cryptocurrency, but they do provide options for trading cryptocurrency derivatives.
Both Vantage and TMGM provide options for depositing or withdrawing funds via PayPal, Skrill, Visa or Mastercard, and bank wires, but neither offers 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.
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0 of 5| Overall Rating | Vantage | TMGM | |
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| Trust Score | 90 | 83 | |
| Winner | check_circle | ||
| Review | Vantage Review | TMGM Review |
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| Regulation | Vantage | TMGM | |
|---|---|---|---|
| Trust Score | 90 | 83 | |
| Year Founded | 2009 | 2013 | |
| 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 | 1 | 0 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 2 |
| Tier-1 Licenses (Highly Trusted) | Vantage | TMGM | |
|---|---|---|---|
| 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) | No | No | |
| United Kingdom (U.K.) (FCA Authorised) | Yes | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | No | Yes | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | Vantage | TMGM | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | Vantage | TMGM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 12000 | |
| Forex Pairs (Total) | 57 | 62 | |
| 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 | Vantage | TMGM | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | 1.30 | N/A | |
| All-in Cost EUR/USD - Active | 0.75 | N/A | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | No | Yes | |
| Execution: Agency Broker | Yes | Yes | |
| Execution: Market Maker | Yes | Yes |
| Funding | Vantage | TMGM | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| 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 | Vantage | TMGM | |
|---|---|---|---|
| Proprietary Platform | Yes | 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 | Yes | |
| cTrader | No | No | |
| DupliTrade | Yes | No | |
| ZuluTrade | Yes | No |
| Trading Tools | Vantage | TMGM | |
|---|---|---|---|
| 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 | Vantage | TMGM | |
|---|---|---|---|
| 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 | Yes | |
| Mobile Economic Calendar | Yes | Yes |
| Research | Vantage | TMGM | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | No | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Social Sentiment - Currency Pairs | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | TMGM | |
|---|---|---|---|
| Education (Forex or CFDs) | Yes | No | |
| Client Webinars | Yes | No | |
| Client Webinars (Archived) | Yes | Yes | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | Vantage | TMGM | |
|---|---|---|---|
| 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 | Vantage Review | TMGM Review |
| Overall | Vantage | TMGM | |
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| Trust Score | 90 | 83 | |
| Winner | check_circle | ||
| Review | Vantage Review | TMGM Review |
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