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 | 3 | 2 |
Vantage and TMGM both offer spread-only and commission-based accounts, but their fee structures differ in key ways. Vantage earns 4.5 stars and ranks #20 out of 63 for Commissions and Fees, while TMGM holds 4 stars and ranks #37. Vantage discloses detailed average pricing and offers three account choices (Standard STP, RAW ECN, and PRO ECN). TMGM provides two (Classic and Edge), with the Edge account using a straightforward per-side commission.
At Vantage, the Standard account listed typical EUR/USD spreads of 1.30 pips (March 2023). The RAW ECN account averaged 0.15 pips plus a $3 commission per side ($6 round turn), for an all-in cost around 0.75 pips. The PRO ECN account cuts commission to $2 per side ($4 round turn), though eligibility depends on the Vantage entity (e.g., wholesale client status in Australia, or a $10,000 minimum under the Cayman Islands entity). Vantage also runs an active trader program with $2–$8 per-lot rebates based on balance and volume, but it only applies to the higher-spread Standard account.
TMGM’s Classic account is spread-only, while the Edge account adds a $3.50 commission per side ($7 round turn) to low prevailing spreads. However, TMGM does not publish recent average spread data for the EUR/USD, making apples-to-apples comparisons harder; in contrast, Vantage provides specific averages. Islamic (swap-free) accounts at TMGM are limited to the Edge account. Bottom line: Vantage’s disclosed averages and slightly lower RAW ECN commission can make it the clearer pick on price transparency—and potentially cost—unless TMGM’s live spreads offset its higher commission. Vantage: 4.5 stars, rank #20/63. TMGM: 4 stars, rank #37/63.
| 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 |
| Non-wire bank transfer | No | No |
| PayPal (Deposit/Withdraw) | Yes | Yes |
| Skrill (Deposit/Withdraw) | Yes | Yes |
| Bank Wire (Deposit/Withdraw) | Yes | Yes |
Dive deeper: Best Low Spread Forex Brokers.
Vantage vs TMGM: range of investments at a glance. Both brokers let you trade forex as CFDs or spot, and both support copy trading. TMGM offers a much wider product list with about 12,000 tradeable symbols and 62 forex pairs, compared with Vantage’s 1,000 symbols and 61 forex pairs. Neither broker provides access to exchange-traded U.S. or international shares (so you can’t buy stocks like Apple or Vodafone directly). For crypto, both brokers enable cryptocurrency derivatives, but neither lets you buy actual, delivered coins.
If market variety matters, TMGM stands out with a 4.5-star Range of Investments rating and a #18 ranking out of 63 brokers, while Vantage holds 3.5 stars and ranks #51. TMGM is a better fit for traders seeking more symbols and pairs, whereas Vantage still covers popular CFD markets and offers copy trading. Keep in mind that neither broker supports direct stock ownership or delivered crypto.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes |
| Tradeable Symbols (Total) | 1000 | 12000 |
| Forex Pairs (Total) | 61 | 62 |
| U.S. Stock Trading (Non CFD) | No | No |
| Int'l Stock Trading (Non CFD) | No | No |
| Social Trading / Copy Trading | Yes | Yes |
| Cryptocurrency (Underlying) | 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.
Vantage and TMGM both make it easy to get started with a free demo account and support the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms. Each broker offers a Windows desktop download and a web-based platform, plus copy trading and the ability to place trades directly from charts. One key difference: Vantage also provides a proprietary platform built in-house, whereas TMGM sticks to third‑party options.
Both brokers earn 4 out of 5 stars for Trading Platforms and Tools, yet their category rankings differ on ForexBrokers.com: Vantage places #21 out of 63 brokers, while TMGM ranks #49. If you want wider platform choice and a higher category ranking, Vantage has a slight edge. If you prefer a straightforward MetaTrader-focused setup with copy trading, TMGM remains a capable option.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Virtual Trading (Demo) | Yes | Yes |
| Proprietary Desktop Trading 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 |
| Charting - Indicators / Studies (Total) | 30 | 30 |
| Charting - Trade From Chart | Yes | Yes |
Dive deeper: Best MetaTrader 4 Brokers, Best MetaTrader 5 Brokers.
Vantage and TMGM both offer mobile trading apps for iPhone and Android, with handy price alerts, real-time watchlists, and charting tools that include 30 technical studies. You can draw trendlines and your drawings auto-save on both apps. One drawback: neither broker supports watchlist syncing between the mobile app and your online account. Details about viewing multiple time frames (such as daily, weekly, or intraday) weren’t specified in the information provided.
In independent testing, both brokers earned 4 out of 5 stars for Mobile Trading Apps. However, Vantage ranks higher overall in this category (#29 out of 63) compared with TMGM (#48 out of 63). If rankings matter to you, Vantage has a slight edge, but feature-wise these mobile apps offer very similar tools for trading on the go.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Android App | Yes | Yes |
| Apple iOS App | Yes | Yes |
| Mobile Price Alerts | Yes | Yes |
| Mobile Watchlists - Syncing | No | No |
| Mobile Charting - Indicators / Studies | 30 | 30 |
| Mobile Charting - Draw Trendlines | Yes | Yes |
| Mobile Charting - Trendlines Autosave | Yes | Yes |
| Mobile Watchlist | Yes | Yes |
Dive deeper: Best Forex Trading Apps.
Vantage vs TMGM for market research: both brokers deliver daily market commentary, real-time forex news from top-tier sources (such as Bloomberg, Reuters, or Dow Jones), Trading Central analytics, sentiment tools that show long/short ratios, and an economic calendar. Neither offers TipRanks. The main split is in add-on tools: Vantage includes Autochartist for spotting chart patterns and key levels, while TMGM skips Autochartist but adds Acuity Trading tools (e.g., Signal Centre) for news sentiment and trade ideas.
For Research, Vantage is rated 4 out of 5 stars and ranks #22 of 63 brokers at ForexBrokers.com. TMGM is rated 3.5 stars and ranks #54. Pick Vantage if you want Autochartist alongside Trading Central; choose TMGM if Acuity Trading’s insights are a priority.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | No |
| Trading Central (Recognia) | Yes | Yes |
| Client sentiment data | Yes | Yes |
| TipRanks | No | No |
| Signal Centre (Acuity Trading) | No | Yes |
| Economic Calendar | Yes | Yes |
Dive deeper: Best Brokers for Forex Research.
For beginners comparing education at Vantage vs TMGM, Vantage offers monthly client webinars and has at least 10 beginner videos plus 10 advanced videos covering trading topics. TMGM does not run monthly webinars and does not meet the 10-video threshold for beginner or advanced content. Whether either broker provides a searchable archive of past webinars or an investor dictionary with 50+ terms was not specified. Likewise, it wasn’t specified whether either broker meets the bar of 10+ forex- or CFD-specific educational pieces.
Ratings and rankings reflect the gap: Vantage earns 4 stars for Education and ranks #24 out of 63 brokers at ForexBrokers.com, while TMGM earns 3.5 stars and ranks #54. If live learning and structured video lessons matter to you, Vantage’s lineup is stronger; TMGM’s education appears more limited based on the data provided.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Webinars | Yes | No |
| Videos - Beginner Trading Videos | Yes | No |
| Videos - Advanced Trading Videos | Yes | No |
Dive deeper: Best Forex Brokers for Beginners.
After testing 63 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.
Vantage vs TMGM: both online brokers do not support ACH or SEPA transfers, but each offers PayPal, Skrill, and bank wire options for deposits and withdrawals; Visa/Mastercard availability is not specified for either.
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 |
| Broker Screenshots | Vantage | TMGM | |
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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 | 3 | 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) | |||
| 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) | |||
| Israel (ISA Authorised) | No | No | |
| South Africa (FSCA Authorised) | Yes | No | |
| UAE (DFSA, FSRA, or SCA Authorised) | No | No | |
| India (SEBI Authorised) | No | No | |
| Jordan (JSC Authorised) |
| Investments | Vantage | TMGM | |
|---|---|---|---|
| Forex Trading (Spot or CFDs) | Yes | Yes | |
| Tradeable Symbols (Total) | 1000 | 12000 | |
| Forex Pairs (Total) | 61 | 62 | |
| U.S. Stock Trading (Non CFD) | No | No | |
| Int'l Stock Trading (Non CFD) | No | No | |
| Social Trading / Copy Trading | Yes | Yes | |
| Cryptocurrency (Underlying) | 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 | |
| Inactivity Fee | No | Yes | |
| Order execution: Agency | Yes | Yes | |
| Order execution: Market Maker | Yes | Yes |
| Funding | Vantage | TMGM | |
|---|---|---|---|
| Minimum Deposit | $50 | $100 | |
| PayPal (Deposit/Withdraw) | Yes | Yes | |
| Skrill (Deposit/Withdraw) | Yes | Yes | |
| Bank Wire (Deposit/Withdraw) | Yes | Yes | |
| Non-wire bank transfer | No | No |
| Trading Platforms | Vantage | TMGM | |
|---|---|---|---|
| Proprietary Desktop Trading 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 |
| Trading Tools | Vantage | TMGM | |
|---|---|---|---|
| Virtual Trading (Demo) | Yes | Yes | |
| Price Alerts | Yes | Yes | |
| Charting - Indicators / Studies (Total) | 30 | 30 | |
| 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 Price Alerts | Yes | Yes | |
| Mobile Watchlist | Yes | Yes | |
| Mobile Watchlists - Syncing | No | No | |
| Mobile Charting - Indicators / Studies | 30 | 30 | |
| Mobile Charting - Draw Trendlines | Yes | Yes | |
| Mobile Charting - Trendlines Autosave | Yes | Yes | |
| Mobile Research - Economic Calendar | Yes | Yes |
| Research | Vantage | TMGM | |
|---|---|---|---|
| Daily Market Commentary | Yes | Yes | |
| Forex News (Top-Tier Sources) | Yes | Yes | |
| Autochartist | Yes | No | |
| Trading Central (Recognia) | Yes | Yes | |
| TipRanks | No | No | |
| Client sentiment data | Yes | Yes | |
| Economic Calendar | Yes | Yes |
| Education | Vantage | TMGM | |
|---|---|---|---|
| Webinars | Yes | No | |
| Videos - Beginner Trading Videos | Yes | No | |
| Videos - Advanced Trading Videos | Yes | No |
| Major Forex Pairs | Vantage | TMGM | |
|---|---|---|---|
| GBP/USD [DELETED] | |||
| USD/JPY | Yes | Yes | |
| EUR/USD | Yes | Yes | |
| USD/CHF | Yes | Yes | |
| USD/CAD | Yes | Yes | |
| NZD/USD | Yes | Yes | |
| AUD/USD [DELETED] | |||
| 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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