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Vault Markets vs TMGM

Vault Markets or TMGM – which is better for UK traders 2024? Compare Vault Markets and TMGM in this detailed breakdown of their platforms, features and fees.

Vault Markets vs TMGM Comparison Table 2024
Vault Markets	TMGM

2.5	3.4
Vault Markets is ranked #93 among CFD brokers.	TMGM is ranked #75 among CFD brokers.
Review	Review
Vault Markets is an award-winning brokerage headquartered in Namibia. It is an accessible direct-market-access CFD broker with affordable minimum deposits, flexible funding methods and high leverage. This broker offers a very large range of forex pairs as well as commodities and indices through MetaTrader 4 or MetaTrader 5.	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.
Pros
Leverage up to 1:1000 is higher than most competitors Ultra-low latency trading will appeal to serious traders Responsive customer service upon testing DMA broker with tight raw spreads available A specialist broker for African traders Very wide range of forex pairs MT4 and MT5 trading platforms Easy to create a live account	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
No top-tier regulatory oversight raises safety issues No demo account makes it difficult for traders to test broker's services Poor range of educational content and extras Trader reviews flag some scam concerns	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 Customer Service Africa 2022 Fastest Growing Broker Nambia 2022 Most Secure Broker South Africa 2022 Most Innovative Broker South Africa 2022 Fastest Withdrawals Africa 2021 Best New Forex Broker Africa 2021 Best MT4 Online Trading Solutions Provider Africa 2021
FCA Regulated
No List of FCA Regulated Brokers	No List of FCA Regulated Brokers
Instruments
Forex, Stocks, Indices, Commodities, Cryptocurrencies	CFDs, Stocks, Energies, Indices, Metals, Cryptos, Forex
Demo Account
No	Yes
Minimum Deposit
$5	$100
Payment Methods
Debit Card Mastercard Visa Wire Transfer	Alipay Credit Cards Debit Card FasaPay Mastercard Neteller Skrill Visa Wire Transfer
Minimum Trade
0.01 Lots	0.01 Lots
Regulator
FSCA	ASIC, FMA, VFSC
Mobile Apps
iOS & Android	iOS & Android
iOS App Rating

Android App Rating

Margin Trading
Yes	Yes
MetaTrader 4
Yes	Yes
MetaTrader 5
Yes	Yes
cTrader
No	No
AlgoTrader
No	No
OmniTrader
No	No
TradingView
No	Yes
Autochartist
No	No
eSignal
No	No
Trading Central
No	Yes
STP Account
No	No
ECN Account
No	Yes
DMA Account
Yes	Yes
MAM Account
No	Yes
PAMM Account
No	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
Auto Trading
Expert Advisors (EAs) on MetaTrader	Yes
Copy Trading
No	Yes
Copy Trading Platform
	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
No	No
Trade Signals
	MT4 Expert Advisors (EAs)
VPS Hosting
No	Yes
Tournaments
No	Yes
Demo Competitions
No	No
Ethical Investing
No	No
Custodial Account
No	No
Guaranteed Stop Loss
No	No
Islamic Account
Yes	Yes
Account Currencies
USD ZAR	USD EUR GBP CAD AUD NZD
Commodities
Gold Silver Oil	Silver Oil Gold Platinum Natural Gas
CFD
Trade CFDs on forex, commodities, indices and crypto assets. With spreads from 0 pips and generous incentives and bonus offers setting Vault Markets apart from competitors, this Namibian broker will appeal to aspiring traders.	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
1:1000	1:500
FTSE Spread
From 1 pip	4.0
GBPUSD Spread<
From 1 pip	1.4
Oil Spread
From 1 pip	0.0
Stocks Spread
From 1 pip	Variable
Forex
Trade 200 CFD forex pairs with DMA pricing and tight spreads, ultra low latency and high leverage up to 1:1000. The range of forex pairs available and pricing model are among the most attractive in the African market.	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.
Assets
200	50+
GBPUSD Spread
From 1 pip	1.4
EURUSD Spread
From 1 pip	0.3
EURGBP Spread
From 1 pip	0.2
Cryptocurrency
Trade five crypto pairs via leveraged CFDs. This is too small a range to satisfy dedicated crypto traders, but the digital tokens do have the advantages of ultra-fast execution and pure direct market access.	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
From 1 pip	Variable
Coins
BTC ETH LTC ADA XRP	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

Vault Markets	TMGM
Review	Review
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