TMGM

Forex broker
285
Rating
4
Reviews
$100
Min. Deposit
Trading platform
Regulation ASIC
Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller, Chine UnionPay, FasaPay
Seminars and training
Daily analyst
Low initial deposit
Islamic accounts
MAM-terminal
Segregated accounts
ECN-accounts
Scalping
Return spread
Affiliate program
Wide selection of trading instruments
Advantages
I was a victim of bitcoin scam, I saw a glamorous review showering praises and marketing an investment firm. I reached out to them on what their contracts are, and I invested $70,000, which I was promised to get my first 15% profit in weeks, when it was time to get my profits, I got to know the company was a scam. They kept asking me to invest more and I ran out of patience and requested to have my money back and they refused to answer nor refund my funds. . I heard about Recovery Bureau from a golf partner that used his services already and I decided to reach out to him. After explaining my situation and complaints to him, he was swift and took action and within 28 hours he got back my funds back with the due profit. I urge someone in a similar situation to reach out to Recovery Bureau on their support email: [email protected]. They are reliable, trustworthy, affordable and provides excellent services. Real deal +1
LOST BITCOINS RECOVERY TESTIMONY Being a scam victim can be depressing, you were given empty promises. They usually stop replying after achieving their aim which hurts even more, i have been there too as I was too ambitious and wanted to get back my lost Btc worth $412,000. I never thought I would be getting back a dime back and already lost hope until I contacted this Verified Recovery expert Morris Gray which was with a leap of faith, as I wasn’t going to go down without a fight. I was able to recover a significant part of my BTC through these recovery experts. Do not brood alone, make a move too. Write to him on email at ( MORRIS GRAY 830 @ GMAIL COM ) or whats app +1 (607) 698-0239 for Quick responds.<<+1
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Disadvantages
LOST BITCOINS RECOVERY TESTIMONY Being a scam victim can be depressing, you were given empty promises. They usually stop replying after achieving their aim which hurts even more, i have been there too as I was too ambitious and wanted to get back my lost Btc worth $412,000. I never thought I would be getting back a dime back and already lost hope until I contacted this Verified Recovery expert Morris Gray which was with a leap of faith, as I wasn’t going to go down without a fight. I was able to recover a significant part of my BTC through these recovery experts. Do not brood alone, make a move too. Write to him on email at ( MORRIS GRAY 830 @ GMAIL COM ) or whats app +1 (607) 698-0239 for Quick responds.<<+1
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TMGM, officially known as Trademax Global Markets, headquartered in Australia, is a Forex broker that offers high leverage trading in popular currency pairs and CFDs on commodities, stock indices and a very large selection of stocks. In addition to its head office in Sydney, TMGM also has offices in Melbourne, Adelaide and Canberra in Australia, as well as overseas offices in New Zealand, Taiwan and Vanuatu. TMGM broker accepts clients from all over the world with the exception of the USA and some countries under OFAC sanctions.

TMGM - regulated broker?

TMGM Group, founded in 2013, includes three brokerage companies:

  • Trademax Australia Limited is located in Australia and is regulated by the Australian Securities and Investments Commission (ASIC);
  • Trademax Global Markets (NZ) Limited is located in New Zealand and is regulated by the New Zealand Financial Markets Authority (FMA);
  • Trademax Global Limited is located in the Republic of Vanuatu and is regulated by the Vanuatu Financial Services Commission (VFSC).

TMGM broker

All customer funds are stored separately from the company's funds in segregated accounts in large first-tier banks. TMGM protects customer funds with a $5,000,000 civil liability insurance program, which includes coverage against errors, fraud and various other risks that can lead to financial losses.

What is the maximum leverage in TMGM?

Since the end of March 2023, ASIC has imposed on the Australian brokerage company TMGM restrictions on leverage up to 1:30 for major currency pairs. In at the same time, a broker in Vanuatu is free from such restrictions, the leverage here is 1:500.

Trading instruments

TMGM offers a wide range of trading instruments, including more than 60 currency pairs, 12,000 stocks, 15 stock indices, as well as precious metals, commodities and futures.

Trading Platforms

Trading platforms offered to TMGM clients include MT4 and MT5, as well as the IRESS web platform. And although both MetaTrader platforms are already very well known among Forex traders, IRESS, which serves stock traders more, is less well known in the community. However, this platform offers several advantages, the most notable of which is integration with the popular TradingView charts and all the technical analysis tools that come with them.

What types of accounts does TMGM offer?

TMGM broker offers two types of trading accounts for MT4 and MT5 platforms:

  1. EDGE. ECN is an account with narrow spreads from 0 points and a commission of $7 per lot.
  2. Classic. A classic account with no commission and an average spread of 1 point.

TMGM account types

TMGM also offers three types of trading accounts for the IRESS platform:

  1. Standard. The minimum deposit is $5000. The fee for the platform is 35 USD or 45 AUD per month (canceled when making 10 transactions per month). The commission rate is $2.25 (minimum $10).
  2. Premium. The minimum deposit is $10,000. No platform fee (if there were no transactions during the month, a commission is charged). The commission rate is $2.
  3. Gold. The minimum deposit is $50,000. No platform fee (if within a month nthere were no transactions, a commission is charged). The commission rate is $1.8.

TMGM account types

What is the minimum deposit in TMGM?

The minimum deposit in TMGM is $100. You can top up your account using an international bank transfer, payment cards such as Visa, MasterCard and UnionPay, as well as electronic wallets Skrill, Neteller, FasaPay. The local payment service POLi is also available in Australia, and customers from China can use AliPay to top up their trading account.

Conclusions

TMGM offers a large selection of stocks that can be traded on the IRESS platform. It is a popular and modern platform specially designed for stock traders, with integrated TradingView charts. However, apart from stocks, the choice of instruments offered by TMGM is somewhat limited. For example, only a few products are offered for trading and there are no cryptocurrencies at all. This is one of the disadvantages of TMGM, which means that this broker may not be the best option for traders who are focused not on the stock market, but on other markets.

Before choosing a broker, we recommend that you read the reviews of TMGM, as well as see our rating of Forex brokers.

General information of TMGM
Broker NameTMGM
Year of foundation2013
HeadquartersAustralia
RegulationASIC, FMA, VFSC
Trading PlatformsMT4, MT5, IRESS
EURUSD Spread1 pips
Demo account+
Minimum deposit100$
Base currenciesUSD, EUR, GBP, AUD, NZD, CAD
Maximum leverage1:500
AssetsCurrency pairs, indices, metals, stocks, futures
Deposit replenishmentBankTransfer, Visa/MasterCard, Skrill, Neteller, FasaPay
Withdrawal fee
Payment for inaction
Islamic Accounts+
Segregated accounts+
PAMM accounts
Partner account+
Scalping+
Automatic trading+
Mobile Trading+
Web Terminal+
Social trading
Signals
VPS+
Deposit bonuses
Contests
Support 24/5+
  • The year of Foundation 2013
  • Head office address level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia
  • Maximum leverage 1:500
  • Min. Deposit $100
  • Regulation ASIC
  • Trading platform
  • Payment system to enter Bank Transfers, Debit/Credit Cards , Skrill, Neleller, Chine UnionPay, FasaPay
  • Payment system for withdrawal Bank Transfers, Debit/Credit Cards , Skrill, Neleller, Chine UnionPay, FasaPay
  • Number of trading instruments 60
  • The number of CFD instruments 12000
  • The number of metals 2
Show: All Neutral Positive Negative
Positive feedback from Louise Elizabeth
WDCMARKETS IS A scam, I invested a lot of money in this company and everything was going good until I said I wanted to withdraw and all my money was gone. I paid 240,000 Euros, they won’t allow me to withdraw any of my money out, I email them everyday. WDC Markets are a scam, once you put money in, you can’t get it out. I got my money back with the help of a recovery chargeback service done by ([email protected]) . His trusted chargeback service representative, he can help you get your life back like he did for me. You all be safe, don't trust these scam traders claiming to be real scamming people.
Positive feedback from JASMINE TOM
LOST BITCOINS RECOVERY TESTIMONY

Being a scam victim can be depressing, you were given empty promises. They usually stop replying after achieving their aim which hurts even more, i have been there too as I was too ambitious and wanted to get back my lost Btc worth $412,000. I never thought I would be getting back a dime back and already lost hope until I contacted this Verified Recovery expert Morris Gray which was with a leap of faith, as I wasn’t going to go down without a fight. I was able to recover a significant part of my BTC through these recovery experts. Do not brood alone, make a move too. Write to him on email at ( MORRIS GRAY 830 @ GMAIL COM ) or whats app +1 (607) 698-0239 for Quick responds.<<
Positive feedback from Dave Allison
Have you been defrauded through cryptocurrency investment or forex trading theft and you want to totally recover your stolen assets with ease? Send a detailed mail to RecoveryBureau at consultant . c0m for help
Neutral feedback from Chiang Tony
Hello everyone , here’s your opportunity for you to achieve your dreams of being a multi million dollar rich through trading , I once loss all I got through trading but was fortunate to come across a woman with great virtue and selfless heart (Doris Ashley ) i was introduce to her masterclass strategy while searching online which has revived me of all my losses and made me gain more and more . With her unique strategy you are entitled to daily signals and instant withdrawals ,be rest assured of getting a refund of all your lost investment with any platform that has denied you in one way or the other in getting your money . Mrs Doris masterclass strategy is simply the best for beginners and those that are finding it difficult to succeed through trading she’ll help you with just a simple step . Email her ( Dorisashley52 AT gmail . com or or WhatsApp her +351 968 942 567 for positive results
285
Rating
4
Reviews