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TMGM

Est. 2013 Β· Australia Β· Updated October 22, 2026

Demo Account Islamic Account Crypto Trading Affiliate Program Scalping Hedging
4.4
β˜…β˜…β˜…β˜…β˜† Trust Score

TMGM is a CFD broker based in Australia, founded in 2013, known for its competitive pricing, diverse instruments, and robust multi-regulation.

Company
Trademax Australia Limited
Founded
2013
Headquarters
Australia
Regulation
ASIC, VFSC, FSC, FSA Seychelles
License No.
436416
Min Deposit
$100
Max Leverage
1:1000
Spreads From
0.0 pips
Commission
$7 per lot round turn
Platforms
MT4, MT5, TMGM App
Account Types
Classic, Edge, Islamic, Cent
Base Currencies
USD, EUR, AUD, GBP, NZD, CAD

TMGM Pros & Cons

Pros

  • Regulated by multiple authorities, including ASIC.
  • Offers highly competitive spreads from 0.0 pips on its Edge account.
  • Supports popular MT4 and MT5 platforms, plus a proprietary mobile app.
  • Provides 24/7 multilingual customer support.
  • Wide range of tradable instruments, including Forex, Stocks, and Crypto.

Cons

  • High leverage (1:1000) for international clients requires careful risk management.
  • Limited specialized account types compared to some larger rivals.
  • Minimum deposit of $100 might be higher for some new traders.

Trading Conditions

Tradable Instruments

TMGM offers a comprehensive selection of over 100 tradable instruments across various asset classes. Clients can access Forex (major, minor, and exotic pairs), Indices, Commodities (including Gold, Silver, and Oil), Shares (CFDs on global stocks), Cryptocurrencies (such as BTCUSD), and Exchange Traded Funds (ETFs).

Accounts & Platforms

Account Types

TMGM primarily offers two main live account types: Classic and Edge. The Classic account is commission-free, with spreads starting from 1.0 pip, suitable for traders who prefer all-inclusive pricing. The Edge account features raw spreads from 0.0 pips, accompanied by a commission of $7 per lot round turn for Forex, catering to high-volume and cost-sensitive traders. Additionally, TMGM provides an Islamic (Swap-Free) account, which is compliant with Sharia law by replacing swaps with administrative charges. A Cent account is also available in some regions, allowing beginners to trade with smaller contract sizes and reduced risk.

Opening an Account

Opening a trading account with TMGM is a straightforward process, typically taking less than 3 minutes to complete the initial registration. The process involves navigating to the official website, selecting a language, and completing the sign-up form. Verification (KYC) documents will be required to fully activate the account.

Trading Platforms

TMGM provides access to industry-leading trading platforms: MetaTrader 4 (MT4) and MetaTrader 5 (MT5). These platforms are renowned for their advanced charting tools, technical indicators, and support for Expert Advisors (EAs). Traders can also utilize the proprietary TMGM App, available on both Apple App Store and Google Play, for mobile trading with real-time insights, fast execution, and risk management tools.

Deposits & Withdrawals

TMGM supports a variety of convenient and secure deposit and withdrawal methods. These include traditional bank transfers, major credit/debit cards like Visa and MasterCard, and popular e-wallets such as Skrill, Neteller, Revolut, Wise, FasaPay, and UnionPay. Cryptocurrency options like USDT and USDC are also available. Most electronic payment methods offer instant processing for deposits, and TMGM generally does not charge fees for supported deposit and withdrawal transactions.

Regulation & Safety

TMGM operates under the oversight of several financial regulatory bodies. Its Australian entity, Trademax Australia Limited, is regulated by the Australian Securities and Investments Commission (ASIC) with AFSL number 436416. TMGM also holds licenses from the Vanuatu Financial Services Commission (VFSC), the Financial Services Commission (FSC) of Mauritius, and the Financial Services Authority (FSA) of Seychelles (license number SD224). Client funds are segregated in Tier 1 banks, and the broker provides professional indemnity insurance (PI insurance) for customer protection.

Company Information

TMGM Review

Headquartered in Australia, TMGM – officially known as Trademax Global Markets – is a forex broker that offers high leverage trading in popular forex pairs and CFDs based on commodities, stock indices, and a very large selection of thousands of single stocks. TMGM offers the standard suite of MetaTrader 4 and 5 along with the IRESS platform for experienced stock traders.

The broker is regulated by Australia’s ASIC for domestic clients, while most international clients will be trading under the offshore branches regulated by VFSC and FSC Mauritius. Update: Since 2023, TMGM has also started operating in New Zealand with license issued by the Financial Markets Authority.

TMGM Regulation

Trademax Australia Limited, trading as TMGM, is regulated by the Australian Securities and Investments Commission (ASIC), AFSL no. 436416 and is located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.

Trademax Global Limited, trading as TMGM, is authorised and regulated by the Vanuatu Financial Services Commission (VFSC), registration number 40356 and is registered at 1276, Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu.

Trademax Global Markets (International) Pty Ltd, trading as TMGM, is authorised and regulated by the Financial Services Commission, Mauritius (FSC) with the licence no. GB22201012, and is registered at 33, Edith Cavell Street C/o IQ EQ Fund Services (Mauritius) Ltd Port Louis, 11324 Mauritius.

Frequently Asked Questions

Is TMGM a regulated broker?

Yes, TMGM is regulated by multiple authorities, including ASIC (Australia, AFSL 436416), VFSC, FSC, and FSA Seychelles.

What is the minimum deposit for TMGM?

The minimum deposit required to open a Classic or Edge trading account with TMGM is $100.

What trading platforms does TMGM offer?

TMGM offers the MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, along with its proprietary TMGM App for mobile trading.

What are TMGM's typical spreads and commissions?

TMGM's Edge account offers spreads from 0.0 pips with a $7 round-turn commission for Forex. The Classic account has spreads from 1.0 pip with no commission.

Does TMGM offer an Islamic account?

Yes, TMGM provides an Islamic (Swap-Free) account that replaces traditional swaps with administrative charges to comply with Sharia law.

Can I trade cryptocurrencies with TMGM?

Yes, TMGM allows trading of various cryptocurrencies, including BTCUSD, as CFDs on its platforms.

Final Verdict

β˜…β˜…β˜…β˜…β˜† 4.4/5

TMGM presents itself as a robust and well-regulated broker, particularly appealing to traders seeking competitive pricing and a broad selection of instruments. Its Edge account, with raw spreads and a clear commission structure, stands out for active traders. While the maximum leverage offered can be substantial, requiring diligent risk management, the multiple regulatory licenses, segregated funds, and professional indemnity insurance provide a strong safety net. The combination of MetaTrader platforms and a proprietary app ensures a flexible trading experience, complemented by responsive 24/7 multilingual support. TMGM is a solid option for those prioritizing low costs and regulatory assurance.

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