TMGM FCA Regulation checklist

The FCA maintains a public register of authorised firms. If a broker states that it is FCA regulated, the claim should be verifiable there by the firm's exact legal name and reference number, not just its brand. Match the entity named in the register against the entity named in the broker's client agreement, because global brands often operate multiple companies under different regulators, and only some of those companies may be FCA authorised. If the entity that would hold your account is not the FCA-authorised one, FCA rules and protections would not apply to you.

Brokers with an international footprint commonly onboard clients through different subsidiaries depending on the client's country of residence. Each subsidiary sits under its own regulator, with its own rules on leverage caps, negative balance protection, complaint handling, and compensation schemes. When researching TMGM, identify which entity would actually open your account and which regulator supervises that entity. The answer determines your legal protections, so read the terms of business and account opening documents carefully rather than assuming the strictest regulator applies.

Authorisation by a regulator such as the FCA sets conduct standards, capital requirements, and complaint procedures, but it does not remove market risk or guarantee trading outcomes. Losses from your own trading decisions are not covered by any regulator. Use regulatory status as one factor among several, alongside fees, platform quality, and product range. For a broader view of TMGM, see the full review at /reviews/tmgm, and compare it with other reviewed brokers using the tool at /tools/compare-brokers?brokers=tmgm or by browsing the reviews hub at /reviews.