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Forex Broker Rating

TMGM

TMGM

Information about the broker TMGM

Rating: 1
Jurisdiction: Australia
Regulators: ASIC, VFSC, Seychelles FSA and Mauritius FSC
Foundation date: 2013
Site: https://tmgm.com

Brief information TMGM

The international brokerage company TMGM, short for Trademax Global Markets, is a forex and CFD broker established in 2013. It serves clients through several companies, so the applicable licence and account conditions depend on where the client is registered.

The website lists Trademax Australia Limited: Australia, ASIC License No. 436416. It also lists several other organizations holding the following licenses: VFSC 40356 (Seychelles), FSA SD224 (Mauritius), and FSC GB22201012.

The broker uses:

  • tmgm.com — main website;

  • portal.tmgm.com — registration and client portal.

Published contact details include support@tmgm.com, +61 2 8036 8388, and the Australian address Level 28, One International Tower, 100 Barangaroo Avenue, Sydney NSW 2000, Australia.

TMGM

Trademax Global Markets trading terms

The platform TMGM offers trading in the Forex market and CFDs on:

  • stocks and ETFs;

  • indices;

  • precious metals;

  • oil;

  • cryptocurrencies.

CFD trading allows you to profit from price fluctuations without owning the underlying asset. Product availability depends on account type and region. The broker offers trading via MetaTrader 4, MetaTrader 5, and the TMGM app. 

Available tools include charts, technical indicators, automated trading with expert advisors, copy trading, and Trading Central analytics. Access is supported from desktop computers, via a web browser, and on mobile devices.

Trading accounts at TMGM

In an international comparison of Trademax Global Markets trading accounts, there are two main options:

  • EDGE: start from $100, spreads starting at 0.0 pips, and leverage up to 1:1000. The commission for opening and closing a position is $7 per standard lot in the Forex market and $5 in the precious metals market.

  • CLASSIC: from $100 minimum deposit, spreads starting at 1.0 pips, 0% trading commission, and leverage up to 1:1000.

Both plans support the MT4 and MT5 platforms, expert advisors, and hedging. The stop-out level is listed as 20% in the international comparison. TMGM

The Cent-account can be opened with as little as $15 and offers leverage of up to 1:500, with account balances displayed in cents. The company also offers demo accounts and swap-free versions of the EDGE and CLASSIC plans; when trading swap-free, separate financing fees may apply.

TMGM

Registration and personal account on tmgm.com

Users register through the client portal by providing personal details, contact information and a password. Identity verification is required before the broker approves and activates the trading account.

Deposits and withdrawals with Trademax Global Markets

Supported payment methods include:

  • bank transfers;

  • credit cards;

  • e-payment;

  • Apple Pay and Google Pay;

  • stablecoins — USDT.

Availability and deposit minimums vary by payment method and region. TMGM states that it charges no deposit or withdrawal fees. 

The standard minimum withdrawal is 100 $, with an exception for smaller account balances, subject to payment-channel limits. Requests are reviewed within 24 hours, while payments are sent on business days. Arrival times depend on the method and are shown in the client portal.

Conclusion about TMGM

The broker publishes information about its operating companies, licensing details, and key account fees. Some payment limits and fund crediting times are displayed only in the client’s personal account. Before funding their accounts, clients should check the registry of the relevant regulatory authority and review independent customer reviews of TMGM.

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Trader Reviews

I didn't have any problems depositing funds into my TMGM account. The problems only started when I tried to withdraw funds. And I didn't do anything wrong. But they blocked my account - they kept my money and told me that the account cannot be reactivated under any circumstances. I'm now looking for a way to withdraw my funds, or for a company or lawyers who specialize in this.

  • 8 hours ago

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