Updated May 13 2022
Overview | |
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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 | |
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Licenses | |
![]() Financial Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by |
![]() Financial Regulation Regulated Top-tier Licenses 1 Other Licenses 2 Provided by |
🏛 Financial Regulators | |
The Good | |
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The Bad | |
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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 | |
All documents must be under the account holder's name. |
All documents must be under the account holder's name. |
📍 Year Founded | |
2013 | 2009 |
💳 Minimum Deposit | |
$, -100 | $, - 200 |
💰 Payment Methods | |
💵 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 | |
📙 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 |