Written by ForexBrokers.com
In this head to head comparison of TMGM vs VT Markets, 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.
TMGM and VT Markets are both reputable online brokers, catering to clients seeking trusted trading partners. Established in 2013, TMGM boasts a ForexBrokers.com Trust Score of 83, placing it in the "trusted" range. Similarly, VT Markets, founded in 2016, holds a Trust Score of 70, suggesting an average level of risk. Neither broker is publicly traded nor operates as a bank, focusing instead on providing specialized brokerage services. TMGM stands out with two Tier-1 licenses, reflecting a higher level of trust in comparison to VT Markets, which holds one Tier-1 license and one Tier-2 license, the latter indicating a trusted but slightly lower regulatory level.
While both brokers maintain a focus on client confidence, the regulatory structure provides a slight edge to TMGM with its higher Trust Score and additional Tier-1 licenses. Investors seeking online trading services may consider these factors when choosing between TMGM and VT Markets, weighing the importance of their individual Trust Scores and regulatory credentials.
| Feature |
TMGM
|
VT Markets
|
|---|---|---|
| Year Founded | 2013 | 2016 |
| Publicly Traded (Listed) | No | No |
| Bank | No | No |
| Tier-1 Licenses | 2 | 1 |
| Tier-2 Licenses | 0 | 1 |
| Tier-3 Licenses | 0 | 0 |
| Tier-4 Licenses | 2 | 0 |
TMGM provides competitive commission rates for its Edge account, incorporating low spreads and the absence of requotes, although recent average spread data for EUR/USD is unavailable. Choosing between TMGM's account types, the Edge account is recommended due to its low commission of $3.50 per side and minimal spreads. Islamic finance customers needing Sharia-compliant accounts should note that swap-free accounts are only accessible with the Edge account, as the Classic account does not offer this feature. TMGM has earned a 4-star rating for commissions and fees and is ranked 35th out of 62 brokers in this category by ForexBrokers.com.
VT Markets offers two account options affecting trading costs: the Raw ECN and the Standard STP accounts. While the Standard STP account is commission-free, it typically presents higher spreads in comparison to the Raw ECN account. Notably, VT Markets requires a minimum deposit of only $100 for both accounts. The brokerage lists a typical spread of 1.2 pips for EUR/USD in the Standard STP account and a comparative 0.83 pips for the Raw ECN account, which is standard for the industry. VT Markets has achieved a 4.5-star rating for their commissions and fees and occupies the 20th position among 62 brokers in ForexBrokers.com's rankings.
In conclusion, TMGM highlights competitive commission structures but lacks publicly accessible spread data, potentially hindering a comprehensive trading cost evaluation. On the other hand, VT Markets provides clear average spread data, facilitating easier cost comparisons. With respective ratings of 4 and 4.5 stars, VT Markets edges out TMGM in both star rating and category ranking, showcasing a slightly more appealing offering for traders focusing on commissions and fees.
| Feature |
TMGM
|
VT Markets
|
|---|---|---|
| Minimum Deposit | $100 | $100 |
| Average Spread EUR/USD - Standard | N/A | 1.2 |
| All-in Cost EUR/USD - Active | N/A | 0.8 |
| Active Trader or VIP Discounts | No | No |
| ACH or SEPA Transfers | No | No |
| PayPal (Deposit/Withdraw) | Yes | No |
| 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 TMGM and VT Markets for their range of investments, both platforms offer forex trading as CFDs or spot contracts. TMGM stands out by providing access to 12,000 tradeable symbols and 62 forex pairs, while VT Markets offers a selection of 1,000 symbols and 39 forex pairs. However, neither broker allows trading in exchange-traded securities on U.S. exchanges, meaning clients cannot buy shares of companies like Apple directly with either broker. While TMGM does not provide access to exchange-traded securities on international exchanges, VT Markets does, allowing clients to invest in companies like Vodafone.
In terms of added features, both brokers support copy trading and offer cryptocurrency derivatives, although neither allows the purchase of actual cryptocurrencies. TMGM is rated higher for its range of investments, receiving 4.5 stars and ranking 17th out of 62 brokers according to ForexBrokers.com. In comparison, VT Markets earns a 3.5-star rating and is ranked 39th. This indicates that TMGM may offer a broader and more diversified range of investment options compared to VT Markets.
| Feature |
TMGM
|
VT Markets
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 12000 | 1000 |
| Forex Pairs (Total) | 62 | 39 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | Yes |
| 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.
TMGM and VT Markets stand out as reputable online brokers, providing an array of features on their trading platforms, each catering to both beginner and seasoned traders. Both brokers offer free virtual demo accounts, enabling traders to practice without any financial risk. Users will not find proprietary platforms at TMGM or VT Markets; instead, both brokers support familiar platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5), compatible across Windows-based desktops and web browsers, reassuring users of widespread versatility. For those interested in copy trading, both brokers deliver this feature, offering a straightforward way to mimic successful trades.
VT Markets appears to have a slight edge when it comes to charting features, offering 30 drawing tools compared to TMGM's 15, though both deliver the capability to trade directly from a stock chart. The brokers tie in providing identical options for watch lists, with seven columns available for customization. Rated four stars for their trading platforms and tools, TMGM is ranked 48th out of 62 brokers by ForexBrokers.com, while VT Markets is one notch higher at 47th. Despite these minor differences, TMGM and VT Markets are both competent choices for those seeking comprehensive trading tools and platforms.
| Feature |
TMGM
|
VT Markets
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Platform | No | 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 | No | No |
| ZuluTrade | No | No |
| Charting - Indicators / Studies (Total) | 30 | 15 |
| Charting - Drawing Tools (Total) | 15 | 30 |
| Charting - Trade From Chart | Yes | Yes |
| Watchlists - Total Fields | 7 | 7 |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Both TMGM and VT Markets provide convenient mobile trading options for users on the go, available on iPhone and Android platforms. Both brokers support essential trading features like stock or forex price alerts, along with enhanced charting capabilities that include the ability to draw trendlines and view multiple time frames on a single chart. Each app supports up to 30 technical studies for users looking to delve into chart analysis. However, TMGM distinguishes itself by offering an autosave feature for chart drawings, a feature missing in the VT Markets app. Conversely, the similarity between both platforms is apparent in their equal mobile trading app ratings of 4 out of 5 stars, indicating a positive user experience overall.
It's worth noting that despite their shared features and user ratings, VT Markets holds a slightly higher rank, coming in at 44th compared to TMGM’s 46th place according to ForexBrokers.com’s review of 62 brokers. Both companies provide the ability to create watchlists with real-time quotes, although neither currently supports watchlist symbol syncing, which could affect user experience for those relying on seamless cross-platform integration. In summary, while both TMGM and VT Markets offer competitive mobile trading solutions, there are minor differences that could influence user preference based on individual needs, particularly the autosave function for chart drawings available with TMGM.
| Feature |
TMGM
|
VT Markets
|
|---|---|---|
| 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 | No |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
When it comes to providing market research, both TMGM and VT Markets offer valuable resources to traders. Each platform provides daily market commentary and access to top-tier forex news from established sources like Bloomberg and Reuters. They also both offer technical analysis tools from Trading Central, allowing traders to engage in in-depth market evaluations. Moreover, sentiment-based trading tools are available on both platforms, helping traders gauge market dynamics by illustrating the ratio of long or short positions across various financial instruments. Additionally, both brokers provide an economic calendar to track global news events crucial for market strategy.
Despite sharing several research features, TMGM distinguishes itself with research tools from Acuity Trading, such as Signal Centre, which VT Markets does not offer. However, neither TMGM nor VT Markets includes resources from Autochartist or market research from TipRanks. Based on ratings, both brokers share a score of 3.5 stars for their research offerings. However, in the Research category rankings by ForexBrokers.com, VT Markets stands out as it holds the 36th position out of 62 brokers, compared to TMGM's 53rd position. This suggests that while both platforms are comparable, VT Markets might hold a slight edge in overall research capability perception among brokers.
| Feature |
TMGM
|
VT Markets
|
|---|---|---|
| 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) | Yes | No |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
When comparing the educational resources for beginners offered by online brokers TMGM and VT Markets, you'll find distinct differences. VT Markets stands out for providing a selection of over ten educational pieces focusing on forex or CFDs, whereas TMGM does not meet this criterion. Both brokers fall short in offering ongoing online educational webinars, but TMGM presents a valuable searchable archive of recorded webinars, which VT Markets lacks. In terms of beginner-focused video content, VT Markets again takes the lead, offering over ten instructional videos aimed specifically at newcomers to trading, unlike TMGM.
Both TMGM and VT Markets offer comprehensive investor dictionaries, each featuring definitions for over 50 investing terms. While both brokers receive a 3.5-star rating for education, TMGM is ranked slightly higher, coming in at 54th place compared to VT Markets' 55th in the ForexBrokers.com ranking out of 62 brokers. This suggests that while VT Markets may excel in certain educational content areas, TMGM offers some unique resources that cater to beginners wanting more in-depth terminology guidance.
| Feature |
TMGM
|
VT Markets
|
|---|---|---|
| Education (Forex or CFDs) | No | Yes |
| Client Webinars | No | No |
| Client Webinars (Archived) | Yes | No |
| Videos - Beginner Trading Videos | No | Yes |
| Videos - Advanced Trading Videos | No | 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 TMGM is better than VT Markets. TMGM finished with an overall rank of #37, while VT Markets finished with an overall rank of #45.
TMGM stands out for its impressive education toolset, though it still trails behind the best brokers in most categories. TMGM offers a small range of markets via the MetaTrader 4 (MT4) platform. While primarily a MetaTrader broker, it also offers the more exclusive IRESS platform – though the platform-specific requirements will limit who can use it.
| Feature |
TMGM
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VT Markets
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|---|---|---|
| Overall Rating |
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| Trust Score | 83 | 70 |
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Both TMGM and VT Markets offer the ability to trade cryptocurrency derivatives but do not provide the option to buy actual delivered cryptocurrency.
Comparing online brokers, TMGM stands out by offering PayPal, Skrill, Visa, Mastercard, and bank wire transfer options for depositing and withdrawing funds, while VT Markets also supports Skrill, Visa, Mastercard, and bank wires, but not PayPal, and neither broker supports 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 | TMGM | VT Markets | |
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| Trust Score | 83 | 70 | |
| Winner | check_circle | ||
| Review | TMGM Review | VT Markets Review |
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| Regulation | TMGM | VT Markets | |
|---|---|---|---|
| Trust Score | 83 | 70 | |
| Year Founded | 2013 | 2016 | |
| Publicly Traded (Listed) | No | No | |
| Bank | No | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No | |
| Tier-1 Licenses | 2 | 1 | |
| Tier-2 Licenses | 0 | 1 | |
| Tier-3 Licenses | 0 | 0 | |
| Tier-4 Licenses | 2 | 0 |
| Tier-1 Licenses (Highly Trusted) | TMGM | VT Markets | |
|---|---|---|---|
| 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) | No | No | |
| USA (CFTC Authorized) | No | No | |
| New Zealand (FMA Authorised) | Yes | No | |
| Regulated in one or more EU or EEA countries (MiFID). | No | No |
| Tier-2 Licenses (Trusted) | TMGM | VT Markets | |
|---|---|---|---|
| Kenya (CMA Authorised) | No | No | |
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | No | Yes | |
| UAE (DFSA/Central Bank Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) | No | No |
| Investments | TMGM | VT Markets | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 12000 | 1000 | |
| Forex Pairs (Total) | 62 | 39 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | Yes | |
| 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 | TMGM | VT Markets | |
|---|---|---|---|
| Average Spread EUR/USD - Standard | N/A | 1.2 | |
| All-in Cost EUR/USD - Active | N/A | 0.8 | |
| Active Trader or VIP Discounts | No | No | |
| Inactivity Fee | Yes | No | |
| Execution: Agency Broker | Yes | No | |
| Execution: Market Maker | Yes | Yes |
| Funding | TMGM | VT Markets | |
|---|---|---|---|
| Minimum Deposit | $100 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | No | |
| 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 | TMGM | VT Markets | |
|---|---|---|---|
| Proprietary Platform | No | 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 | No | No | |
| ZuluTrade | No | No |
| Trading Tools | TMGM | VT Markets | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Alerts - Basic Fields | Yes | Yes | |
| Watchlists - Total Fields | 7 | 7 | |
| Charting - Indicators / Studies (Total) | 30 | 15 | |
| Charting - Drawing Tools (Total) | 15 | 30 | |
| Charting - Trade From Chart | Yes | Yes | |
| Charts can be saved | Yes | Yes |
| Mobile Trading | TMGM | VT Markets | |
|---|---|---|---|
| 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 | No | |
| Mobile Economic Calendar | Yes | Yes |
| Research | TMGM | VT Markets | |
|---|---|---|---|
| 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 | TMGM | VT Markets | |
|---|---|---|---|
| Education (Forex or CFDs) | No | Yes | |
| Client Webinars | No | No | |
| Client Webinars (Archived) | Yes | No | |
| Videos - Beginner Trading Videos | No | Yes | |
| Videos - Advanced Trading Videos | No | No | |
| Investor Dictionary (Glossary) | Yes | Yes |
| Major Forex Pairs | TMGM | VT Markets | |
|---|---|---|---|
| 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 | TMGM Review | VT Markets Review |
| Overall | TMGM | VT Markets | |
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| Trust Score | 83 | 70 | |
| Winner | check_circle | ||
| Review | TMGM Review | VT Markets Review |
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