Vantage vs TMGM Comparison
We’ve made it easy to compare the best forex brokers, side-by-side. Our editorial team has collected thousands of data points, written hundreds of thousands of words of research, and tested over 60 brokers to help you find the best forex brokers in the industry. Our research is unbiased and independent; learn more about how we test. That same research and data powers our broker comparisons. Let's compare Vantage vs TMGM.
Can I trust Vantage?
Vantage is not publicly traded and does not operate a bank. Vantage is authorised by two tier-1 regulators (highly trusted), one tier-2 regulator (trusted), zero two tier-3 regulators (average risk), and two tier-4 regulators (high risk). Vantage is authorised by the following tier-1 regulators: Australian Securities & Investment Commission (ASIC) and the Financial Conduct Authority (FCA).
Can I trust TMGM?
TMGM is not publicly traded and does not operate a bank. TMGM is authorised by two tier-1 regulators (Highly Trusted), zero tier-2 regulators (Trusted), zero tier-3 regulator (Average Risk), and two tier-4 regulators (High Risk). TMGM is authorised by the following tier-1 regulators: the Australian Securities & Investment Commission (ASIC) and the Financial Markets Authority (FMA).
Is Vantage good?
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.
Is TMGM good?
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.
What is the minimum deposit requirement for opening an account with Vantage?
To open a forex trading account with Vantage, you'll need to make an initial minimum deposit of $50.
What is the minimum deposit requirement for opening an account with TMGM?
Vantage requires a minimum deposit of $100 before you can open an account and start trading forex.
What funding options does each broker offer?
It's important to make sure that your forex broker accepts the funding options and deposit methods that work best for you. Both Vantage and TMGM offer Visa/Mastercard (Credit/Debit), Bank Wire (Deposit/Withdraw), Skrill (Deposit/Withdraw) and Neteller (Deposit/Withdraw). Neither have PayPal (Deposit/Withdraw)
Does Vantage or TMGM offer lower pricing?
Comparing the trading costs of forex and CFDs is not easy. Not every broker publishes average spread data, and pricing structures vary. Based on our thorough, data-driven testing of each broker's commissions and fees, we found that Vantage offers better pricing overall for traders.
Methodology: When testing each broker's commissions, fees, and pricing, we analyze multiple trade scenarios and award points based on the expansiveness (or inexpensiveness) of the broker's spreads. We then run multiple scenarios for different investor types, incorporating any miscellaneous fees, to determine an "all-in" cost per trade. Learn more about how we test.
Is Vantage or TMGM safer for forex and CFDs trading?
At ForexBrokers.com, we track over 100 international regulatory agencies to help you choose the most well-regulated, highly trusted forex brokers. Learn more about our proprietary Trust Score rating system. Based on our research on the regulatory status of over 60 brokers, we've found that Both Vantage and TMGM hold 2 global Tier-1 licenses. Vantage holds 1 global Tier-2 licenses, while TMGM holds 0.
After evaluating each broker based on their number of held licenses, years in business, and a range of other data-driven variables, we've determined that Vantage (90) earned a higher Trust Score than TMGM (83).
Which trading platform is better: Vantage or TMGM?
To compare the trading platforms of both Vantage and TMGM, we tested each broker's trading tools, research capabilities, and mobile apps. For trading tools, Vantage offers a better experience. With research, Vantage offers superior market research. Finally, we found Vantage to provide better mobile trading apps.
Here’s what trading platforms are available at Vantage:
- Proprietary Platform - Yes
- Web Platform - Yes
- cTrader - No
- DupliTrade - Yes
- MT4 - Yes
- MT5 - Yes
- ZuluTrade - Yes
- TradingView - Yes
Here’s what trading platforms are available at TMGM:
- Proprietary Platform - No
- Web Platform - Yes
- cTrader - No
- DupliTrade - No
- MT4 - Yes
- MT5 - No
- ZuluTrade - No
- TradingView - No
What about MetaTrader? How about copy trading?
The MetaTrader trading platform suite is wildly popular among forex and CFD traders across the globe. Both Vantage and TMGM offer MetaTrader 4 (MT4). Forex traders also appreciate the ability to engage in social copy trading. Vantage and TMGM both offer copy trading.
What can I trade with each broker?
TMGM provides traders 62 currency pairs (e.g., EUR/USD) compared to Vantage's 49 available pairs. If you are interested in trading CFDs, TMGM offers traders access to 12000 CFDs, while Vantage offers access to 1000 CFDs; so TMGM offers 11000 more CFDs than Vantage.
We found in our testing that Vantage offers a more diverse selection of investment options than TMGM, allowing you to trade Forex Trading (Spot or CFDs), U.S. Stocks (CFD), Cryptocurrency (Derivative), Social Trading / Copy Trading and Spread Betting. Neither have Int'l Stock Trading (Non CFD) and Cryptocurrency (Physical).
Overall winner: Vantage
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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.