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TMGM Broker Overview

TMGM, a leading forex and CFD broker, offers innovative trading solutions globally. Established in 2013, it combines advanced tech with a customer-first approach.

Updated: 21 March 2025
Overall rating
4.8 of 5
Minimum deposit
100
Tradable instruments
Forex, Commodities, Share CFDs, Indices, ETFs, Cryptocurrencies
Regulation
ASIC, VFSC, FSC
Overview Users reviews
Marina Panasenko
Edited by
Marina Panasenko
Table of Content

The History and Foundation

In the year 2013, TMGM (Trademax Global Markets) was founded and has quickly become a leading broker in the forex and CFD trading industry, with particular emphasis on innovation and customer-centric practices thus far. TMGM provides its clients with service from across the globe.

Mission - The Objective of Vision

The mission of TMGM is to make available cutting-edge trading solutions while making it deliverable for traders to have transparent, trusted services. A highly advanced technological and customer-oriented online trading leader is what the broker views itself as becoming globally.

Global Footprint

TMGM operates worldwide, serving clients in more than 150 countries. The organization is domiciled in Sydney, Australia, and has branch offices and representatives across Asia, Europe, and ME.

Strengths and Weaknesses

Key Strengths

  • Tight regulation and extra protections
  • Average order execution under 30ms
  • Multiple trading tools
  • Reliable customer support
  • IRESS platform for stock trading

The Areas for Improvement

  • Limited educational materials
  • High inactivity fee
  • Withdrawals only via wire transfer

Safety and Regulations

Financial Institutional Licenses

TMGM operates as per the policies that are ensured by the Australian Securities and Investments Commission (ASIC) and under the New Zealand Financial Markets Authority (FMA).

Segregation and Insurance of Funds

Funds of the customers reside in top-ranked bank accounts and funds of customers remain secure through the provision of additional fund protection.

Tradeable Instruments

Currency Pairs

More than sixty tradable major, minor, and exotic foreign exchange pairs allow clients to trade with more benefits in terms of competitive spreads and leverages.

Commodities

On Commodity, traders may choose from a broad array of markets, including gold, silver, crude oil, and natural gas, which can offer them anchor and diversification points of trading.

Indices

Clients can have their way on global indices of NASDAQ, DAX, FTSE, and S&P 500-trading centers of the world's leading stock exchanges.

Cryptocurrencies

TMGM trades in all the significant digital currencies like Bitcoin, Ethereum, and Litecoin - perfect for all your plans to explore digital assets.

Account Types

Fees and Charges

Spreads and Commissions

Competitive spreads in combination with commission-free Raw Spread accounts start at 0.0 pips, while Standard accounts advise traders free of commission fees.

Swap Rates

For overnight positions, there is a swap fee, which uses the transparent rate disclosures directly with the users. In general, Islamic account types will be operated without swaps.

Inactivity Fees

Inactive accounts suffer a small inactivity fee, and this is the custom across various platforms in trading.

Trading Platforms

Available tools Forex, Commodities, Share CFDs, Indices, ETFs, Cryptocurrencies
Cryptocurrencies BTC, ETH, DOT, XRP, LINK, XTZ, DOGE, ADA
CFD Forex: 50 metals: 3 Energy: 2 Cryptocurrency: 20 Indices: 19 Shares: Hundreds of global stocks

MetaTrader 4 and 5

TMGM supports both MT4, and MT5, and users can fancy proper shopping such as fancy charting advanced, automated trading, and even extensive analytics.

IRESS Platform

IRESS has been designed to provide more depth in the analysis of the market and high execution speed as essential tooling to the advanced functioning of professional traders.

Mobile Trading Apps

Trade everywhere with one of TMGM's mobile applications, its new designs and characteristics respect user ease—but also powerful account management in one package.

Customer Support

Registration Steps

Joining TMGM is easy-breezy once you've accomplished applying online: sign up, opt for an account type, and appoint the necessary documents required by the verification process to confirm your identity.

Verification Requirements

Identity proof and proof of address —i.e. passport or ID card and utility bill.

Deposits and Withdrawals

Payment Means

The modes by which one can transfer money and withdraw money are as such: bank transfers, credit card, debit cards, and e-gateways (Neteller, Skrill, and PayPal).

Processing Times

Cash deposits get deposited instantly, while money withdrawals typically need 1-3 minimal work time for completion, depending on one's chosen payment method.

Associated Charges

All money deposited is free from payment fees, but certain withdrawal options may levy small fees. Destiny in this matter is quite dependent on the broker.

FAQ

Is the broker regulated?

TMGM is indeed regulated by ASIC and FMA to provide a very safe trading atmosphere.

Which trading platforms are available?

TMGM adapts with three trading platforms: MetaTrader 4, MetaTrader 5, and IRESS; besides the previous cycle it delivers mobile trading apps.

What is the minimum deposit one has to make in order to open an account?

The minimum initial deposit stands at $100 as the first step in Standard accounts.

How many accounts are there?

The broker provides for various trading styles using Standard, Raw Spread, cTrader, and Islamic account types.

What is the Cost?

Spreads, commission rates for certain accounts, swap rates, and dormant account inactivity fees are included in the fee list.

How much leverage can I avail myself of?

Depending on the account type and regulation locale guidelines, one can use up to a maximum leverage of 1:500.

Are there demo accounts?

A demo account is used without any loss on your currency with TMGM.

How do I contact customer support?

Customer support in general is available by live chat, phone, and email; most of what you may want to reach service representatives of is attainable here.

Users reviews

Tan Chee Thye

I appreciate Jaqueline's excellent work and prompt service. Highly recommended!

9 February 2025 Read
Olumide

I encountered significant challenges when setting up my account, which was quite frustrating. Fortunately, after some back-and-forth conversations with the customer support team, particularly Becky, everything was resolved. I would definitely suggest their services to others, and I hope they continue providing such excellent assistance.

9 February 2025 Read
Helal Mia Nurul Islam

The customer service is outstanding, and the trading platform is dependable.

9 February 2025 Read
Shannon Yang

The quick processing of withdrawals is remarkable, so I never have to wait too long to access my money. I'm really enjoying it!

9 February 2025 Read
Tanki Makomoreng

I've found the service here to be exceptionally dependable. This is the most impressive broker I've encountered yet.

8 February 2025 Read
Kuan Wai Lai

Initially, I was concerned that my TRC-20 USDT deposit might encounter issues due to a slight shortfall of USDT1 caused by the transfer fees. Fortunately, the customer support team was proactive in keeping me informed about the progress. To my relief, the deposit was successfully processed in under 20 minutes. Their efficiency really impressed me.

8 February 2025 Read
Viraj pramodya

I encountered a problem with my deposit since I used a third-party account for my USDT transaction, which turned out to be invalid. This issue prevented me from making a withdrawal. I want to express my gratitude to Becky, who consistently assisted me in resolving this matter. Thank you so much to the entire team for your support.

7 February 2025 Read
Swing Low

Quick response. Received exactly what I needed in no time.

6 February 2025 Read
Sami Badri

I inquired about the withdrawal process and details regarding the Islamic account. I'm pleased to say that my concerns were addressed effectively, and I'm quite satisfied with the support service. I hope they introduce more deposit and withdrawal options in the near future.

5 February 2025 Read
Cy Ming

The service provides quick replies and manages everything efficiently, creating a seamless experience. They maintain a warm and welcoming attitude throughout.

5 February 2025 Read
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