TradingCritique

Select Your Brokers to Compare

TMGM vs Vantage : Fees, Safety & Trading Conditions Compared (2026)

Broker Name

TMGM

TMGM

VS
Vantage

Vantage

Icon

Broker Overview

Broker Type (e.g., Market Maker, ECN/STP)

ECN broker

ECN & STP

Years of Existence / Established Year

2013

2009

Customer Base / Number of Accounts

No information

5,000,000 + traders


Icon

Regulation & Security

Regulations (governing bodies)

ASIC, VFSC and FSC

ASIC FSC

Awards Won (count for the last 2 years)

Most Trusted Forex Broker 2024, Best Forex Trading Platform 2024, SkyLine Guide 2024 Award, Most Innovative Sports Sponsorship 2024, Brokersview Fastbull 2024 Award

Best Multi-Asset Broker at Online Money Awards 2024

Security Measures

Civil Liability Insurance program for a limit of $10,000,000

Anti-Money Laundering (AML) Counter-Terrorism Financing (CTF)

SSL Encryption / 2FA

Yes

Yes

Segregated Funds

Yes

Yes

Negative Balance Protection

Yes

Yes


Icon

Trading Instruments/Products Offered

Assets Types / Trading Instruments (total count and breakdown)

12,000 instruments including shares

1000+ CFD products

Currency Pairs

Yes

Yes

Commodities

Yes

Yes

Indices

Yes

Yes

Cryptocurrencies

Yes

Yes

CFDs

Yes

Yes

ETFs

Yes

No

Stocks

Yes

Yes

Options

No

No

Futures

Yes

No

Bonds

No

Yes

Mutual Funds

No

No

Fractional Shares

Yes

No

Exchange Traded Notes (ETNs)

No

No

Precious Metals

Yes

Yes

Real Estate Investment Trusts (REITs)

No

No

Equities

Yes

Yes


Icon

Trading Platforms & Technology

Trading Platform Availability

Yes

Yes

MT4

Yes

Yes

MT5

Yes

Yes

cTrader

No

No

Social Trading

Yes

Yes

Copy Trading

Yes

Yes

Other Trading Platforms (proprietary, etc.)

TMGM app

Vantage App

Platform Compatibility (Windows, Mac, iOS, Android)

Yes

Yes


Icon

Account Types & Conditions

Account Types (Retail, Pro, VIP, etc.)

Edge and classic account

Standard Pro Raw

Demo Account (Yes/No)

Yes

Yes

Islamic Accounts (Yes/No)

Yes

No

Minimum Deposit

$100

$50

Leverage Available

1:100 to 1:1000

20:1 to 1000:1

Trade Limit (maximum per trade)

Depends on the assets type

Varies by istruments

Commission (per account type)

Currency Pairs: $7 ; Precious Metals: $5

Standard - $0 Pro - From $1.50 Raw - From $3.00

Best Suited For (e.g., beginners, experienced traders)

Experienced traders

Only experienced


Icon

Deposit & Withdrawal Options

Deposit Methods

Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets

Bank Credit / Debit cards Alternative payments account

Withdrawal Methods

Visa, Mastercard, Bank transfer, RMB instant, Revolute, Wise, e-wallets

Bank Credit / Debit cards Alternative payments account

Other E-Wallets Supported

Skrill, Neteller.SticPay, FasaPay, UnionPay

Neteller Skrill


Icon

Tools & Educational Resources

Economic Calendar

Yes

Yes

Tools & Educational Resources (tutorials, webinars, market news, etc.)

Market analysis, Traders terminology, Trading tools

Online Trading courses E-books & webinars


Icon

Fees & Commissions

Trading-Related Fees

Currency Pairs: $7 USD ; Precious Metals: $5 USD, Spread-0.0pips

Forex - $3.0 per lot ETFs - $12.0 per trade Precious metals - $3.0 per lot AU share CFDs - 0.08% per lot (min $5 per trade) EU share CFDs - 0.1% per lot HK share CFDs - 0.25% per lot (min $6 per trade) UK share CFDs - 0.1% per lot

Spread (typical, fixed, variable)

variable/floating spread

Variable

Per Lot Fees

NA

Starting from $1.50 per lot

Options Contract Fees

NA

NA

Futures Contract Fees

NA

NA

Markup Fees on Spread

NA

NA

Guaranteed Stop Loss Fees

NA

NA

Maximum Leverage

1:1000

1000:1


Icon

Non-Trading Fees

Dormant Fees

$30 per month after 6 months of inactivity

$0

Subscription Fees (for premium features, data feeds)

NA

$0

Advisory Fees

NA

$0

Swap Fees (Overnight Financing)

Yes

Yes

Statement or Document Fee

NA

$0

Account Opening Fee

NA

$0

Account Maintenance Fee

NA

$0

Deposit Fee

$0

$0

Currency Conversion Fee

Charges not mentioned, May apply for non-USD deposits

0.20%

Withdrawal Fee

$0

International Bank wire transfer cost - $25 Minimum Withdrawal - $30


Icon

Bonuses, Promotions & Benefits

Bonuses, Promotions, and Referrals

Yes

Yes

Customer Benefits (e.g., Retirement Plan)

No

Yes


Icon

Trading Hours

Trading Hours (for each asset class if applicable)

Depends on the assets type

NewYork session - 8:00am to 5:00pm EST Tokyo session - 7:00pm to 4:00am EST Sydney session - 5:00pm to 2:00am London session - 3:00am to 12:00pmUS after hours trading - 16:00 to 20:00 ET


Icon

Customer Support

Support Hours (e.g., 24/7, weekdays only)

24/7

24/7

Customer Support Methods (phone, email, live chat)

Phone +61 2 8036 8388, Fax +61 2 8036 8388, Email [email protected], Live chat

E mail: mailto:[email protected] Help centre Live chat assistance

Support Languages

15+

15+


Icon

Additional Information

Headquarters Location

100 Barangaroo Ave., Level 28, Tower One, Sydney NSW 2000, Australia.

164 Blaauwberg Road Tableview Cape town Western Cape 7441, South Africa

Complaints (for crypto brokers)

No

No


At TradingCritique, we don't just list brokers. We test, compare, and simplify your decision-making. Whether you're a beginner or a pro, our data-driven comparisons are built to match your trading style and region. Learn how we Evaluate a broker.
TMGM stands out for its zero-commission trading model, appealing to cost-conscious investors. In contrast, Vantage offers more comprehensive services with slightly higher fees, especially for advanced tools and asset classes.
If speed and simplicity matter to you, TMGM delivers a streamlined account setup. In contrast, Vantage includes more documentation and KYC checks, which can delay access but ensures strong compliance.
Traders who value simplicity and execution speed may prefer TMGM platform. Meanwhile, Vantage offers more flexibility through tools like advanced order types and multi-screen support.
TMGM strength lies in high-performance trading, while Vantage provides a more accessible route for everyday investors.