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 |
When comparing Vantage and TMGM based on their commissions and fees, Vantage offers three account types: the spread-only Standard STP account and the commission-based RAW ECN and PRO ECN accounts. The Standard account typically lists spreads of 1.30 pips on the EUR/USD, while the RAW account features average spreads of 0.15 pips with a $3 commission per side, resulting in a total of 0.75 pips. The PRO ECN account boasts even lower commissions at $2 per side but comes with specific eligibility criteria, depending on the regulating entity. Additionally, active traders with Vantage can benefit from rebates ranging from $2 to $8 per standard lot, though this is only applicable to the Standard account.
Meanwhile, TMGM provides a competitive fee structure, particularly with its Edge account, which charges a commission of $3.50 per side ($7 per round trip), paired with consistently low spreads. Unlike Vantage, recent average spread data for EUR/USD is not readily available, meaning potential users might find it harder to assess total trading costs. Nonetheless, TMGM's Classic account option remains spread-only, and customers seeking Islamic finance solutions can opt for the swap-free Edge account.
In terms of ratings, Vantage holds a 4.5-star rating and is ranked #19 out of 62 brokers for its commissions and fees category, marking it as a favorable option for many traders. Conversely, TMGM has a commendable 4-star rating but ranks lower at #36, suggesting it might not align with cost-focused traders in the same way Vantage does.
| 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 | Yes | 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 the range of investments offered by Vantage and TMGM, there are a few key differences to consider. Both brokers provide the opportunity for forex trading via CFDs or spot contracts and offer copy trading features. However, TMGM stands out with an impressive 12,000 tradeable symbols compared to Vantage's 1,000. While both platforms offer a similar range of forex pairs—61 with Vantage and 62 with TMGM—neither supports the buying of exchange-traded securities on U.S. or international exchanges. Additionally, both brokers allow for trading in cryptocurrency derivatives but do not support the purchase of actual cryptocurrencies.
With a range of investment options, TMGM seems to offer more diversity, which is reflected in its 4.5-star rating for range of investments. It is ranked at number 17 out of 62 brokers by ForexBrokers.com. Vantage, on the other hand, receives a 3.5-star rating and is ranked at number 50, indicating a more modest offering. If a broad spectrum of tradeable symbols is a priority, TMGM may offer a more satisfactory experience for investors.
| 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 (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.
Choosing between Vantage and TMGM for your trading needs involves a detailed look at their respective platforms and tools. Both brokers excel in offering simulated trading through free virtual demo accounts, allowing users to practice without financial risk. For those seeking versatility, Vantage stands out with its proprietary platform, while TMGM relies on third-party solutions. Both brokers accommodate traders who prefer Windows-based platforms and web-based platforms, providing flexibility depending on your preference. Additionally, they both support popular platforms like MetaTrader 4 (MT4) and MetaTrader 5 (MT5). Vantage offers DupliTrade for those interested in social trading options, a feature that TMGM lacks.
Despite similarities like offering 15 drawing tools each and the ability to trade directly from stock charts, where these brokers diverge is in their market recognition. Vantage takes the lead with a higher ranking from ForexBrokers.com, placing at #21 in the Trading Platforms and Tools category, while TMGM is ranked #48. Both brokers are evenly rated with 4 out of 5 stars for their trading platforms and tools, yet Vantage's additional features and higher industry ranking give it an edge for traders prioritizing comprehensive trading solutions alongside intuitive interfaces. Whether you prefer a proprietary experience or are content with third-party platforms, both brokers provide a solid foundation for successful trading.
| 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 | No | 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.
When it comes to mobile trading, both Vantage and TMGM offer apps for iPhone and Android users. Traders on both platforms can benefit from price alerts for stocks or forex, which helps them stay informed. Additionally, both apps provide users the ability to draw trendlines and view charts across various time frames such as daily, weekly, or intraday. Technical analysis enthusiasts will appreciate that each platform offers 30 technical studies for charting purposes. Notably, both Vantage and TMGM mobile apps automatically save chart drawings, adding convenience to your trading experience. Creating personalized watchlists with real-time quotes is also possible on both apps, although neither platform currently supports syncing these watchlists between the mobile app and the online account.
In terms of user ratings, both Vantage and TMGM are rated four out of five stars for their mobile trading apps. However, when ranked among 62 brokers, Vantage secures a more favorable position at #28 compared to TMGM's #47. While both apps offer a solid range of features that cater to traders seeking a mobile option, Vantage appears to have a slight edge in overall market rankings. Whether you prefer Vantage or TMGM will depend largely on your specific trading needs and how much you value their market positions. Both brokers provide solid mobile experiences, making them worthy contenders in the online trading arena.
| 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 it comes to market research offerings, both Vantage and TMGM provide daily market commentary and access to top-tier forex news from reputable sources like Bloomberg, Reuters, and Dow Jones. Both brokers also give traders a sentiment-based tool that outlines the ratio of long or short positions across various trading instruments, which can be especially handy for making informed trading decisions. Moreover, both offer comprehensive economic calendars to keep traders updated about important global events. However, with more advanced research tools, Vantage edges out TMGM by providing users with both Autochartist and Trading Central features, whereas TMGM only includes Trading Central among its toolset.
In assessing their overall research capabilities, Vantage holds a more favorable position, rated at 4 stars compared to TMGM's 3.5 stars. This distinction is further underscored by Vantage’s superior ranking of 21st out of 62 brokers in ForexBrokers.com's research category, while TMGM sits at the 53rd spot. TMGM does try to differentiate itself by offering tools from Acuity Trading like Signal Centre, which is absent in Vantage's offerings. However, if you're prioritizing a platform with a broader set of research tools, Vantage might be the more advantageous choice.
| Feature |
Vantage
|
TMGM
|
|---|---|---|
| Daily Market Commentary | Yes | Yes |
| Forex News (Top-Tier Sources) | Yes | Yes |
| Autochartist | Yes | 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 evaluating educational resources available for beginners, Vantage stands out compared to TMGM. Vantage offers a comprehensive collection of over ten educational pieces focused on forex and CFDs, while TMGM does not meet this benchmark. New traders can benefit from Vantage's monthly educational webinars, which TMGM does not provide. Both platforms offer access to searchable archives of past webinars, allowing beginners to revisit valuable content at their convenience.
Vantage further enhances its educational offerings with more than ten beginner-focused trading videos, catering specifically to those just starting their trading journey. In contrast, TMGM falls short in this area. Additionally, Vantage provides advanced educational videos for more experienced traders, while TMGM does not offer similar resources. Both brokers feature an investor dictionary with terms and definitions to aid in understanding market jargon. With a higher rating of 4 stars for education and a better ranking of #24 in the Education category by ForexBrokers.com, Vantage clearly offers stronger educational support for those new to trading than TMGM, which is rated 3.5 stars and ranked #54.
| 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
|
|---|---|---|
| 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 | 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) | 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) | 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 (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 | Yes | 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 | No | 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 | Yes | 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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