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 |
When it comes to comparing online brokers TMGM and VT Markets, there are notable differences in their commissions and fees. TMGM stands out with its Edge account, which imposes a small commission of $3.50 per side ($7 round trip) along with low spreads, enabling more cost-effective trading. However, recent data for average spreads on the popular EUR/USD pair was not provided by TMGM, which makes it challenging to evaluate their overall trading costs in this regard. The broker offers two account types: the spread-only Classic account and the commission-based Edge account, with the latter also being the choice for Islamic finance customers seeking Sharia-compliant options. TMGM earns a 4-star rating for commissions and fees and is ranked #36 out of 63 brokers by ForexBrokers.com.
VT Markets offers competitive rates with two account types: the Raw ECN and the Standard STP account. The Raw ECN account maintains an effective spread of 0.83 pips on the EUR/USD pair, including both a 0.6 round turn commission and an average spread of 0.23 pips. The Standard STP account, on the other hand, is commission-free but features spreads around 1.2 pips on the same currency pair, making it slightly less competitive in terms of cost. Both options require a modest minimum deposit of $100. VT Markets earns a 4.5-star rating for its competitive fee structure and is ranked #20 out of 63 brokers according to ForexBrokers.com.
In summary, both TMGM and VT Markets offer attractive features for traders looking to minimize their trading costs, but VT Markets takes a slight edge in terms of star rating and ranking. While TMGM provides low commissions and spreads, its lack of recent average spread data might concern some traders. Conversely, VT Markets presents clearer insights into its pricing, especially with its Raw ECN option offering competitive spreads and commissions. However, traders should assess their trading styles and consider all aspects of each broker's offerings before making a decision.
| 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.
TMGM and VT Markets both offer forex trading through CFDs, making them competitive options for traders interested in currency exchange. However, TMGM stands out with a much larger selection of tradeable symbols, boasting 12,000 compared to VT Markets' 1,000. In terms of forex pairs, TMGM again offers more variety with 62 pairs available, while VT Markets provides 39 pairs. Both platforms support copy trading and offer derivatives for cryptocurrency, yet neither allows for the purchase of actual cryptocurrencies or U.S. exchange-traded securities. Notably, VT Markets provides access to international exchange-traded securities, a feature not offered by TMGM.
When rated for their range of investments, TMGM garners a higher score with 4.5 stars, positioning itself as the 17th among 63 brokers. In contrast, VT Markets receives 3.5 stars and ranks as number 39. This suggests that TMGM might be the preferable choice for traders seeking extensive investment options and broader trading possibilities, while VT Markets could appeal to those interested in international stocks.
| 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.
When comparing the trading platforms and tools offered by TMGM and VT Markets, both brokers provide a range of similar features that cater to diverse trading needs. They each offer essential options like simulated trading through free virtual demo accounts and the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, ensuring traders can choose the interface that suits them best. Additionally, neither broker develops proprietary platforms in-house, opting instead to support widely-used platforms. Both TMGM and VT Markets feature Windows-based and web-based platforms, enabling easy access for traders, and offer copy trading capabilities.
In terms of charting tools, both brokers let users trade directly from stock charts, and while TMGM provides 15 drawing tools, VT Markets offers a more extensive selection with 30 drawing tools. Each broker allows for customization with seven watch list columns. Despite these similarities, there are some differences in their rankings. According to ForexBrokers.com, TMGM is ranked 48th out of 63 for trading platforms and tools, while VT Markets is slightly ahead at 47th. Both brokers receive a satisfactory rating of 4 out of 5 stars in this category.
| 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.
When deciding between TMGM and VT Markets for mobile trading apps, both brokers provide availability on iPhone and Android devices. Users can receive stock or forex price alerts and have the capability to draw trendlines, explore different timeframes, and leverage 30 technical studies for enhanced charting. Both brokers' apps support the creation of watchlists with real-time quotes, yet they do not sync watchlists with online accounts. Nonetheless, TMGM stands out with its feature to auto-save chart drawings, a capability VT Markets lacks.
In terms of user satisfaction, both TMGM and VT Markets have been rated four out of five stars for their mobile trading apps, indicating a strong reception from users. However, ForexBrokers.com ranks VT Markets slightly higher at #44, compared to TMGM's position at #47 out of 63 brokers. The small differences in feature offerings and rankings might influence a trader's choice based on specific needs or preferences.
| 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.
Both TMGM and VT Markets deliver daily market commentary and provide forex news from top-tier sources like Bloomberg and Reuters, offering traders reliable information to aid their decision-making. While neither broker integrates tools from Autochartist, they both feature technical analysis tools from Trading Central, and sentiment trading tools that exhibit the ratio of long and short positions in various instruments. However, TMGM stands out with its use of Acuity Trading's tools, such as Signal Centre, offering an additional edge in research capabilities that VT Markets lacks. Both platforms also include a global economic calendar, ensuring traders stay informed about key events.
In terms of overall research ratings, TMGM and VT Markets both receive 3.5 out of 5 stars, reflecting a balanced quality of research resources. Despite sharing this rating, VT Markets ranks higher at #36 compared to TMGM's #53 in the research category according to ForexBrokers.com. This difference indicates VT Markets' slightly better perception in the market research domain, despite TMGM offering some unique analytical tools. Prospective traders should weigh these aspects when choosing between the two brokers for their trading needs.
| 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 available from TMGM and VT Markets for beginners, VT Markets stands out by offering a wide range of forex and CFD education. With more than 10 educational materials such as articles and videos, VT Markets provides plenty of learning opportunities for those new to trading. TMGM, on the other hand, does not meet this benchmark in offering similar educational content for forex or CFDs. While both brokers do not offer live webinars, TMGM provides a searchable archive of previously recorded webinars, unlike VT Markets.
Both TMGM and VT Markets supply their clients with an investor dictionary featuring over 50 investing terms, making it easier for beginners to understand complex trading jargon. However, when it comes to beginner-focused educational videos, VT Markets excels by offering over 10 videos designed for new traders. In contrast, TMGM does not offer such resources. Neither broker provides a sufficient amount of advanced educational videos aimed at experienced traders. Despite the differences, both brokers receive a 3.5-star rating for education, with TMGM ranked slightly higher than VT Markets by ForexBrokers.com.
| 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 63 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 #44.
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
|
|---|---|---|
| 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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