TMGM Vs. Vantage - Compare and Choose the Right One


Visit 74-89% of retail CFD accounts lose money./	Visit 74-89% of retail CFD accounts lose money.
Overview
TMGM is an Australian broker specialised in financial derivatives known as contract-for-differences (CFDs). Operating since 2013, TMGM provides trading in forex, stocks, indices, cryptocurrencies and commodities.	Vantage is a global broker operating since 2009. Initially based in Australia, Vantage is offering trading in forex, stocks, indices, commodities and cryptocurrencies
Best For
Swing traders who can use high leverage Stock traders who do not have access or funds to trade with specialised brokers	Traders looking to hedge their FX positions (low fees) Social traders looking to connect to popular copying services Traders preferring mobile apps
Licenses
Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More	Financial Licenses Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by TheTradingBible.com Learn More
🏛 Financial Regulators
ASIC (Australia) FMA (New Zealand) VFSC (Vanuatu)	ASIC (Australia) VFSC - (Vanuatu) CIMA (Cayman Islands)
The Good
High and flexible leverage No deposit or withdrawal fees Supports Expert Advisors (EAs), hedging and news trading	Low deposit requirements Low non-trading fees Good educational material, news feed and market analysis Great mobile platform
The Bad
Only has financial derivatives (CFDs) Inactivity fee is tied to minimum account balance	High stock CFD fees Not all instruments are available on every trading platform Doesn’t offer ETFs
Status
Operational	Operational
Recent News
No fresh news at the moment. Check again soon!	No fresh news at the moment. Check again soon!
Key Data
⌛ Account Opening Time
1 Day	1 Day
📋 Documents Required
Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.	Valid identity document (Passport, ID Card, etc) Valid proof of residence document (Bank statement, utility bills) All documents must be under the account holder's name.
📍 Year Founded
2013	2009
💳 Minimum Deposit
$, -100	$, - 200
💰 Payment Methods
Bank Transfer Credit cards Debit cards FasaPay Neteller RMB Instant Revolut Paytrust Skrill Sticpay UnionPay Wise	Bank Transfer Debit / Credit Card Cryptocurrency Bitwallet FasaPay Neteller Skrill Union Pay
💵 Account Base Currencies
6 - EUR, USD, GBP, AUD, NZD, CAD	9 - USD, EUR, GBP, AUD, CAD, HKD, NZD, JPY, SGD
🗽 Available to U.S Citizens
No	No
❌ Restricted Countries
US.	AF, AL, AS, AU, BY, BM, BA, BG, BI, CA, CF, CN, HR, CU, ER, GR, GU, IR, IQ, CI, JP, LB, LR, LY, ML, ME, MM, KR, PR, GN, GW, RO, SL, RS, SG, SI, SO, SD, ES, SD, SY, VE, YE
📊 STP Account
Yes	No
📊 DMA Account
Yes	No
📊 ECN Account
Yes	No
Assets
📚 Available Assets
CFDs on stocks, currencies, commodities and indices.	CFDs on currencies, commodities, indices, stocks and cryptocurrencies.
📙 Stocks
12,000+	210
📘 Currency Pairs
55	40
📗 Commodities
6	20
📕 Indices
15	13
📔 ETFs
N/A	N/A
💸 Cryptocurrencies
12	6
📒 Bonds
N/A	N/A
📓 Options
N/A	N/A
📗 Futures
N/A	N/A
📝 Notes:
All of TMGM's assets are CFDs	All of Vantage's assets are CFDs.
Trading Experience
📈 Minimum Stock Trade Size
1 Share	1 Share
📉 Minimum ETFs Trade Size
N/A	N/A
📈 Minimum Crypto Trade Size
Varies per Cryptocurrency (Eg: 0.01 BTC)	N/A
📉 Minimum FX Trade Size
$1,000 (0.01 lots)	$1,000 (0.01 Lots)
📈 Minimum Commodities Trade Size
Varies per Commodity (0.01 lots for gold, 1 lot for Crude Oil)	Varies per commodity, 0.01 (1 ounce) for gold, 0.1 lot (250 Lbs) for copper
📉 Minimum Bonds Trade Size
N/A	N/A
📈 Minimum Futures Trade Size
N/A	N/A
📉 Minimum Options Trade Size
N/A	N/A
💪 Retail Leverage
Up to 1:500	Up to 1:30
💪 Professional Leverage
Up to 1:500	Up to 1:500
✍ Customisable Leverage
Yes	Yes
🎲 Deleveraged Trading
Yes	Yes
🎓 Demo Account
Yes	Yes
📱 IOS App
Yes	Yes
📱 Android App
Yes	Yes
📺 MetaTrader 4
Yes	Yes
📺 MetaTrader 5
Yes	Yes
💻 Web trader
Yes	Yes
💻 TradingView Platform
No	Yes
💻 Proprietary Platform
No	No
📊 Multi-chart Tools
Yes	Yes
👬 Copy Trading
No	Yes
👫 Social Trading
No	Yes
🔑 Guaranteed Stop-loss
No	No
🔨 Trailing Stop-loss
Yes	Yes
Fees
💰 Inactivity Fee
$30 fee if there is no activity for 6 months or if the account balance falls below $500.	No
💰 Deposit Fees
No	No
💰 Withdrawal Fees
No	No for all methods, except the bank transfer. First one is free, subsequent in the same month are charged $20 or equivalent depending on the account currency.
💰 Commissions
Yes, from $3.5 per lot round turn	Yes for ECN accounts -from $6 per lot per round turn
Spreads
📈 EUR/USD
Dynamic - From 0 pips	Dynamic - From 1.4 pips for Standard account, from 0.0 on ECN accounts
📉 SP500
Dynamic - From 30 Pips	Dynamic - From 30 Pips
📈 GOLD
Dynamic - From 11 pips	Dynamic - Average 36 Pips
📉 TSLA (Stock CFD)
Dynamic - From $0.48	Dynamic - Market Spread
📈 XLK (ETF - CFD)
N/A	N/A
📉 BTC
Dynamic - From $32	N/A
Research and Analysis
⭐ Watchlists
Yes	Yes
🔭 Stock Screener
Yes	No
🗓 Economic Calendar
Yes	Yes
📜 Integrated Newsfeed
Yes	Yes
📡 Reuters Feed
No	No