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 on commissions and fees, both online brokers provide competitive pricing with distinct offerings across their account types. Vantage offers three types of accounts: the spread-only Standard STP, and the commission-based RAW ECN and PRO ECN. The Standard account at Vantage shows typical spreads of 1.30 pips for EUR/USD. The RAW account, in contrast, tightens spreads to an impressive 0.15 pips but includes a $3 commission per side, totaling 0.75 pips. For those who can meet certain requirements, the PRO account offers the most competitive pricing with a reduced $2 commission per side. Vantage also has an active trader program with rebates that can range from $2 to $8 per standard lot depending on equity and monthly trade volume, though this is available only on the Standard account.
Conversely, TMGM provides two account types: the spread-only Classic account and the commission-based Edge account. The Edge account is noted for combining low spreads with a modest $3.50 commission per side, totaling $7 per round turn, making it the more cost-effective choice. Although recent EUR/USD spread data was unavailable, TMGM's commitment to competitive pricing remains consistent. For Islamic finance customers, the Edge account is necessary for those seeking swap-free trading that aligns with Sharia principles.
In terms of ratings, Vantage is awarded a 4.5-star rating for its commissions and fees, ranking it 19th out of 63 brokers according to ForexBrokers.com. TMGM, on the other hand, receives a 4-star rating, placing it at 36th in the same category. While both brokers have their merits, Vantage tends to slightly edge out TMGM in both ranking and breadth of account customization options, particularly for traders who can accommodate its varying account requirements.
| 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 Vantage to TMGM for their range of investment options, TMGM seems to offer a wider selection. Both platforms support forex trading as CFDs or spot contracts but TMGM provides access to an impressive 12,000 tradeable symbols compared to Vantage's 1,000. While the two brokers are nearly identical in the number of tradeable forex pairs, with Vantage offering 61 and TMGM providing 62, it is clear that TMGM provides more options overall, leading to a higher rating of 4.5 stars out of five, compared to Vantage's 3.5 stars in the range of investments category.
Neither Vantage nor TMGM offer direct purchasing of exchange-traded securities on U.S. or international exchanges. Additionally, while both provide copy trading features and offer cryptocurrency derivatives, neither allows clients to purchase actual cryptocurrencies. With these similarities in mind, TMGM still manages to edge out Vantage in the overall ranking by ForexBrokers.com, securing the #17 spot compared to Vantage’s #50, reflecting its broader array of investment offerings.
| 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.
When it comes to trading platforms and tools, both Vantage and TMGM offer a variety of features that appeal to traders at all levels. Both brokers provide free virtual demo accounts, allowing traders to practice and refine their strategies risk-free. However, Vantage distinguishes itself with its proprietary trading platform, developed in-house, whereas TMGM does not offer a proprietary option. Both brokers support a wide range of platforms, including MetaTrader 4 (MT4) and MetaTrader 5 (MT5), and offer Windows-based desktop and web-based trading interfaces, accommodating diverse trader preferences for executing trades.
Vantage and TMGM both support copy trading, though Vantage extends its offerings with DupliTrade integration. Charting capabilities are also comparable between the two, with each broker providing 15 drawing tools and the option to trade directly from stock charts. For those keeping an eye on market movements, both platforms provide watch lists with seven columns, allowing for detailed tracking of market data. Ranked #21 out of 63 brokers by ForexBrokers.com, Vantage demonstrates slightly higher recognition in the Trading Platforms and Tools category compared to TMGM, which ranks #48. Both brokers, however, share a solid rating of four stars in this category.
| 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 comparing the mobile trading apps of Vantage and TMGM, both brokers offer apps for iPhone and Android users, providing essential features for traders on the go. Each app delivers price alerts for stocks and forex, with the ability to draw trendlines and access multiple time frames on stock or forex charts. Users can enjoy creating watchlists with real-time quotes, while both apps also allow for technical chart analysis, offering 30 technical studies. Although neither app syncs watchlist symbols with their respective online accounts, they do auto-save chart drawings for user convenience.
In terms of user ratings, Vantage and TMGM both receive 4 out of 5 stars for their mobile trading capabilities. However, Vantage is ranked higher at number 28 compared to TMGM's rank of 47 out of 63 brokers, according to ForexBrokers.com. Overall, both apps are well-equipped for traders seeking a seamless mobile trading experience, although Vantage is slightly ahead in rankings, reflecting a marginally stronger user preference based on available data.
| 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.
In the realm of market research, both Vantage and TMGM deliver daily market commentary and access to top-tier forex news from sources like Bloomberg, Reuters, and Dow Jones. However, when delving further into the technical aspects, Vantage takes a slight lead. It offers powerful technical and fundamental research tools from renowned providers such as Autochartist and Trading Central, while TMGM lacks tools from Autochartist but matches Vantage with offerings from Trading Central. Sentiment-based trading tools, reflecting market positions, are available from both brokers, giving traders a perspective on market movements.
When it comes to unique research tools, TMGM stands out by providing resources from Acuity Trading, specifically Signal Centre, which Vantage does not. Conversely, Vantage supports its clients with an economic calendar that is globally inclusive, as does TMGM. Despite these similarities, Vantage edges out TMGM slightly in overall research quality, receiving a 4-star rating compared to TMGM's 3.5 stars. Consequently, Vantage is ranked #21 by ForexBrokers.com for the Research category among 63 brokers, whereas TMGM finds itself at #53. This distinction underscores Vantage's broader range of research tools and resources available to traders.
| 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 comparing the educational resources available for beginners between Vantage and TMGM, Vantage clearly stands out. Vantage provides a comprehensive suite of educational materials, including over ten pieces dedicated to forex and CFDs education. This includes articles, videos, and webinars, making it a rich source of information for those new to trading. They also host monthly educational webinars, providing interactive learning opportunities and a searchable archive of these sessions for users to revisit at their convenience. For beginners, Vantage offers more than ten introductory trading videos, along with a helpful investor dictionary featuring over 50 investing terms. Rated four out of five stars for its educational offerings, Vantage holds the #24 rank among 63 brokers evaluated by ForexBrokers.com.
On the other hand, TMGM lags behind in its educational resources aimed at beginners. While it does have a searchable archive of recorded webinars, it lacks the variety and volume of educational content found at Vantage. TMGM does not provide regular monthly client webinars or a substantial collection of beginner-oriented videos. Despite offering an investor dictionary similar to Vantage, TMGM's overall educational offerings are rated at 3.5 stars. Consequently, it ranks significantly lower than Vantage, positioned at #54 in the Education category among brokers assessed by ForexBrokers.com. For newcomers eager to learn, Vantage presents a more suitable platform to begin their trading journey.
| 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 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.
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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