Vantage vs TMGM

Vantage vs TMGM Comparison Table 2024
Vantage	TMGM
Review 4.7	Review 3.4

Founded in 2009, Vantage offers trading on 1000+ short-term CFD products to over 900,000 clients. You can trade Forex CFDs from 0.0 pips on the RAW account through TradingView, MT4 or MT5. Vantage is ASIC-regulated and client funds are segregated. Copy traders will also appreciate the range of social trading tools.	TMGM is an ASIC-regulated forex and CFD broker with a vast range of tradeable assets covering forex, stock, index, crypto and commodity markets. The account types on offer provide a flexible choice between no commission or zero spreads, with competitive pricing all-round.
Customer Reviews
4.3 Based on 3 Vantage customer reviews
Bonus Offer
50% Welcome Deposit Bonus, earn redeemable rewards in the Vantage Rewards scheme	Point-based loyalty system
Comment by Reviewer
"Vantage remains an excellent option for CFD traders seeking a tightly-regulated broker with access to the reliable MetaTrader platforms. The fast sign-up process and $50 minimum deposit make it very straightforward to start day trading quickly."	"TMGM is a great all-round choice thanks to its huge range of assets, diverse account types and platform choices, plus competitive pricing."
Pros
Vantage maintains its high trust score thanks to its strong reputation and top-tier regulation from the FCA and ASIC The ECN accounts are very competitive with spreads from 0.0 pips and a $1.50 commission per side There’s an excellent suite of day trading software, including the award-winning platforms MT4 and MT5 The broker has recently made efforts to expand its suite of CFDs providing further trading opportunities Vantage caters to hands-off investors with beginner-friendly social trading via ZuluTrade & Myfxbook The low minimum deposit of $50 and zero funding fees make this broker a great choice for new traders There are no short-term strategy restrictions with hedging and scalping permitted It’s quick and easy to open a live account – taking less than 2 minutes	Huge range of assets including 10,000 global stocks Well-regulated and reputable brand with a solid client base Excellent platform support with MetaTrader 4, MetaTrader 5 and IRESS Low trading fees with spreads from 1 pip on the classic account and from zero with $7 round-turn commissions on the raw spread account Good range of rewards and bonuses offered through a points-based loyalty system Accommodates new and time-poor traders with copy trading support from HUBx Free VPS for automated trading
Cons
It's a shame that some clients will need to register with the offshore entity, which offers less regulatory protection A steep $10,000 deposit is needed for the best trading conditions, which include the $1.50 commission per side The average execution speeds of 100ms to 250ms are slower than alternatives based on tests Unfortunately, cryptos are only available for Australian clients	Shares are only available on the IRESS account, and not tradeable via MT4 and MT5 $30 fee levied monthly on accounts which are inactive for 6 months or have a balance below $500
Awards
Best Broker Australia - Ultimate Fintech Awards 2022 Best In CFD Trading 2022 - The European Global Banking & Finance Awards 2022 Best Trading App - Professional Trader Awards 2022 Best Trade Execution - Global Forex Awards 2023
Instruments
CFDs, Forex, Stocks, Indices, Commodities, ETFs, Bonds	CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
Yes	Yes
Minimum Deposit
$50	$100
Trading Platforms
ProTrader MT4 MT5 TradingView DupliTrade	MT4 MT5 TradingView TradingCentral
Payment Methods
AstroPay BPAY Credit Card Debit Card FasaPay JCB Card Neteller Skrill Swift UnionPay Visa Wire Transfer	Alipay Credit Card Debit Card FasaPay Mastercard Neteller Skrill UnionPay Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FCA, ASIC, FSCA, VFSC	ASIC, FMA, VFSC
Margin Trading
Yes	Yes
STP Account
Yes	No
ECN Account
Yes	Yes
DMA Account
No	Yes
MAM Account
Yes	Yes
PAMM Account
Yes	Yes
LAMM Account
No	No
Demat Account
No	No
AI / Machine Learning
No	No
Robo Advisor
No	No
Negative Balance Protection
Yes	Yes
Market Maker
No	No
P2P Trading
No	No
Spot Trading
Yes	Yes
Mobile Apps
iOS & Android	iOS & Android
App Review
Vantage offers one of the most complete trading apps we’ve used. The crisp design and slick interface makes analyzing markets and placing trades straightforward. Changing to horizontal mode offers an optimal charting view, though frustratingly it can take a few seconds for the app to respond. Fortunately, this minor drawback is outweighed by the ease of overlaying indicators and drawing tools, plus the integrated economic calendar, newsfeed, market analysis, and even FX TV.
Android App Rating
3.9
iOS App Rating
3.6
Auto Trading
Myfxbook AutoTrade, Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
Yes	Yes
Copy Trading Platform
Traders enjoy social and copy trading at Vantage with the MetaTrader packages, DupliTrade, ZuluTrade and Myfxbook. ZuluTrade is one of the best social trading communities, using a sophisticated algorithm to rank top signal providers.	Copy trading is available through HUBx, a service designed to help investors automatically mirror the positions of successful traders. This is ideal if you want hands-off access to popular financial markets.
Social Trading
Yes	No
Trade Signals
Yes	MT4 Expert Advisors (EAs)
VPS Hosting
Yes	Yes
Tournaments
No	Yes
Demo Competitions
Yes	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Inactivity Fee
$0
Islamic Account
Yes	Yes
Account Currencies
USD EUR GBP CAD AUD NZD JPY HKD SGD PLN	USD EUR GBP CAD AUD NZD
Stock Exchanges
Australian Securities Exchange (ASX) Bombay Stock Exchange CAC 40 Index France DAX GER 40 Index Dow Jones Euronext FTSE UK Index Hang Seng IBEX 35 Japan Exchange Group London Stock Exchange Nasdaq National Stock Exchange Of India S&P 500	Australian Securities Exchange (ASX) CAC 40 Index France DAX GER 40 Index Deutsche Boerse Dow Jones Euronext FTSE UK Index Hong Kong Stock Exchange Japan Exchange Group London Stock Exchange Nasdaq New York Stock Exchange
Commodities
Cocoa Coffee Copper Cotton Gasoline Gold Natural Gas Oil Orange Juice Palladium Platinum Silver Sugar Wheat	Gold Natural Gas Oil Platinum Silver
CFD Trading
Traders can speculate on 1000+ financial markets with high leverage up to 1:500. You can bet on rising and falling prices in currencies, commodities, indices, shares, and more without owning the underlying asset. With the comprehensive choice of CFD trading platforms, users can also switch between desktop, web and mobile for a seamless trading experience.	Trade CFDs on a broad range of asset classes including forex, energies, precious metals, company shares, indices and cryptos. The excellent trade execution and opportunity to trade with direct market access pricing sets this broker apart from rivals.
Leverage
1:500	1:500
FTSE Spread
1.0	4.0
GBPUSD Spread
0.5	1.4
Oil Spread
0.01	0.0
Stocks Spread
0.01	Variable
Forex Trading
Vantage offers 55+ currency pairs - above the industry average, so experienced traders can explore plenty of opportunities. Vantage's deep liquidity pool provides forex spreads from 0.0 pips in the ECN account, lower than many alternatives. There are also no commissions, deposit fees or hidden charges.	Trade 50+ forex pairs, including popular major, minor and exotic pairs. This is a decent selection, but traders will have a choice between the attractive MT4, MT5 or IRESS platforms and regulatory cover from ASIC. The VPS will also suit automated forex trading strategis.
GBPUSD Spread
0.5	1.4
EURUSD Spread
0.0	0.3
EURGBP Spread
0.5	0.2
Assets
55+	50+
Currency Indices
USD
Cryptocurrency
You can trade cryptos 24/7, including Bitcoin, with up to 1:200 leverage and zero overnight fees. Various risk management tools are also available, including price alerts and stop losses. The Vantage app also offers an excellent live news feed so you can keep track of the crypto market whilst on the go.	Trade CFDs on 12 major cryptocurrencies including BTC and ETH in pairs with USD and with leverage up to 1:20. The dozen tokens on offer is very respectable for a CFD broker, though crypto traders looking for emerging tokens will prefer an exchange or dedicated crypto broker.
Spread
Floating	Variable
Coins
ADA AVA BTC DOG EOS ETH LTC NEO SHB SOL TRX UNI XRPandmanymore	BTC BCH ETH LTC XRP BNB DOT EOS LINK UNI XTZ XLM
Crypto Lending
No	No
Crypto Mining
No	No
Crypto Staking
No	No
Auto Market Maker
No	No

Review	Review
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