TMGM
⭐ 4.0 · Sydney, Australia
TMGM (TradeMax Global Markets) is an Australian broker founded in 2013 in Sydney, focused on multi-asset trading: Forex, Stocks, Crypto, Indices. Famous for ECN execution and 12,000+ stock CFDs.
$9.4/lotSpread 0p1:500
Broker Comparison
TMGM vs Vantage Markets
Side-by-side comparison of TMGM and Vantage Markets on every dimension professional traders care about — from fees and leverage to regulators, scalping rules, and EA support. Updated May 2026.
Reviewed & ranked byTradingEdge IC License — Investment Consultant (Thai SEC) Strategic Partner of Top-Tier Brokers
winner
Vantage Markets
⭐ 4.2 · Sydney, Australia
Vantage Markets is a multi-asset broker founded in 2009 in Sydney. Known for ECN execution, 1,000+ instruments, and a $500 trading credit promotion — a popular choice for scalping and EA traders.
$10/lotSpread 0p1:500
Verdict
Vantage Markets wins 5/13 categories — the better all-round choice.
TMGM: 2 · Vantage Markets: 5 · tied: 6
| Field | TMGM | Vantage Markets |
|---|---|---|
| Rebate per lot | $9.40 / lot | $10 / lot |
| Spread from | 0 pips | 0 pips |
| Execution speed | 45 ms | 50 ms |
| Max leverage | 1:500 | 1:500 |
| Min deposit | $100 | $50 |
| User rating | 4.0 / 5 (1,245) | 4.2 / 5 (1,892) |
| Trust score | 8.05 / 10 | 8.32 / 10 |
| Execution type | ECN / DMA | ECN / STP Aggregation |
| Liquidity providers | 17+ | 15+ |
| Regulators | ASIC (AU) #436416 · FMA (NZ) #FSP345553 · VFSC (VU) #40356 | ASIC (AU) #428901 · FCA (UK) #590299 · VFSC (VU) #700271 |
| Platforms | MT4 · MT5 · IRESS · TMGM Mobile | MT4 · MT5 · ProTrader · Vantage App · TradingView (Beta) |
| Payout frequency | ทุก 2 วัน | รายวัน |
| Withdrawal time | 1-4 ชม. | 24 ชม. |
| Swap-free / Islamic | — | ✓ |
| Scalping allowed | ✓ | ✓ |
| EA / algo allowed | ✓ | ✓ |
| Negative balance protection | ✓ | ✓ |
Strengths of TMGM
- 12,000+ stock CFDs — biggest selection
- ECN execution under 35ms
- ASIC + FMA regulation
- IRESS Pro included
- No deposit bonus
- Spread wider than IC Markets / Pepperstone
Strengths of Vantage Markets
- ECN execution — great for scalping
- 1,000+ instruments
- ASIC + FCA + VFSC regulation
- $500 credit boosts initial capital
- No deposit bonus
- Welcome credit has trading conditions