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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: 14 April 2026

Overall Rating

4.8 / 5

Min Deposit

$100

Instruments

6

Regulation

ASIC, VFSC +1

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About its history and mission

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.

Founded
2013
Headquarters
Address
Website

Strengths and Weaknesses

Strengths

  • Tight regulation and extra protections
  • Average order execution under 30ms
  • Multiple trading tools
  • Reliable customer support
  • IRESS platform for stock trading
  • Limited educational materials
  • High inactivity fee
  • Withdrawals only via wire transfer

Weaknesses

    Safety and Regulations

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

    Regulators

    • ASIC
    • VFSC
    • FSC

    Instruments Available

    ForexCommoditiesShare CFDsIndicesETFsCryptocurrencies

    Types of Accounts

    Edge

    Minimum deposit
    $0
    Commission
    0.0
    Available tools
    0
    Leverage
    1:1 to 1:1000
    Margin call level
    100
    Stop-out level
    40

    Classic

    Minimum deposit
    $0
    Commission
    1.0
    Available tools
    0
    Leverage
    1:1 to 1:1000
    Margin call level
    100
    Stop-out level
    40

    Fees and Charges

    Competitive spreads in combination with commission-free Raw Spread accounts start at 0.0 pips, while Standard accounts advise traders free of commission fees. 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. Inactive accounts suffer a small inactivity fee, and this is the custom across various platforms in trading.

    Trading Platforms

    Customer Support

    Contact information not available. Visit the broker’s website for support options.

    Deposits and Withdrawals

    Deposit and withdrawal details not available. Check the broker’s website for the latest payment methods and processing times.

    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

    Olumide

    Feb 9, 2025

    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.

    Tan Chee Thye

    Feb 9, 2025

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

    Helal Mia Nurul Islam

    Feb 9, 2025

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

    Showing 1–3 of 10 reviews