TMGM Review 2025

1. What is TMGM?
2. TMGM Pros and Cons
3. Regulation and Security Measures
4. Account Types and Benefits
5. Cost Structure and Fees
6. Trading Platforms and Tools
7. Trading Instruments
8. Deposit and Withdrawal Options
9. Customer Support and Responsiveness
10. Research and Education
11. Portfolio and Investment Opportunities
12. Account Opening
13. Additional Tools And Features
14. TMGM Compared to Other Brokers
15. Full Review of Broker TMGM

What is TMGM?

TMGM, or Trademax Global Markets, is a Global broker offering traders access to CFDs in Forex, Metals, Energies, Indices, Shares, and Cryptocurrencies.  At the beginning of the development, TMGM group started its operation in Australia back in 2013 when it received its license from ASIC to provide OTC derivative and forex trading. Further on, for years of progress and continuous strives, the company brought a consistent and reliable DMA (Direct Market Access) trading environment without human intervention.

Currently, the broker has spread its services across 150+ countries. While the main headquarters is in Sydney, it holds several additional offices in Melbourne, Adelaide, Brisbane, Limassol, and Canberra, as well as regional offices in New Zealand and Taiwan.

Overall, the Broker has a quite good reputation and regard from traders, has numerous industry awards, and takes part in social projects, for now being TMGM Chelsey FC’s official partner.

TMGM Pros and Cons

TMGM is a reliable broker with good regulation and great conditions authorized by top-tier ASIC and FMA regulatory bodies. The broker provides an NDD trading environment with easy digital account opening and quality trading conditions with stable performance. One of the most attractive proposals is the large range of trading instruments offered. Besides, There’s a good education suitable for traders of all expertise levels, as well as Trading Central for enhanced research capacity.

As for the cons, the range of the market is rather limited trading only FX and CFD instruments and the availability of instruments depends on the jurisdiction. Also consider, that it may charge fees for account inactivity. Another disadvantage is that international trading is done through an offshore entity.

TMGM Features

TMGM is a broker allowing a safe trading environment due to its top-tier ASIC and FMA licenses and a decade of presence in the market, offering a good range of trading conditions, market advantages, and innovative technology for beneficial trading. Below, you can see a breakdown of the main aspects of TMGM we have accumulated for traders:

Who is TMGM For?

Based on our findings and Financial Expert Opinion, TMGM is a good broker that is suitable for different trading strategies and stands out for a selection of favorable trading conditions. TMGM is best for the following:

• Beginning Traders
• Professional Traders
• Traders from Australia, New Zealand
• International traders
• EAs running
• Copy Trading
• Scalping / Hedging Strategies
• Traders who prefer the MT4 or MT5 platform
• Currency Trading and CFD Trading
• Suitable for a Variety of Trading Strategies
• High Leverage Trading
• Free VPS Tools

TMGM Summary

Throughout years of operation, TMGM has proven itself as a broker with a good reputation, holding top-tier licenses from AISC and FMA. It provides transparent trading conditions with quality trading offerings and an education section. Besides, the broker has a very competitive pricing model with low fees and spreads providing high-leverage trading through industry-standard platforms. Besides, we found a great range of instruments available.

Overall, TMGM provides a really competitive offering and might be considered an appealing option for traders who favor reliability and great service.

55Brokers Professional Insights

TMGM is a good choice for traders who priority quality execution and DMA access with excellent software performance solutions. We enjoy the most the range of instruments selection and ligh-fasting processing of orders, while the software Broker offers is consistent only of MetaTrader technology and its own platforms. So in case you prefer other software like cTrader, TMGM is not your option, but you may consider due to quality conditions available.

TMGM is well-regarded broker in the Forex market overall, syuuitable for retail and institutional traders alike. The broker also stands out for its tight spreads or commission based on your preference and availability of high-leverage via good regulated entity.

Yet, we encourage traders to consider the few unfavorable aspects of the broker, too, such as a certain limitation of TMGM’s educational resources that lack diversity, and the difference in conditions based on the entity, that some traders might find not suitable.

Consider Trading with TMGM If:

Avoid Trading with TMGM If:

Regulation and Security Measures

Score – 4.6/5

TMGM Regulatory Overview

TMGM is a well-established and regulated broker, following rules of several top-tier regulations, ensuring traders’ safety and transparent conditions and transactions. TMGM, or Trademax Australia Limited, is a financial services company regulated by the Australian Securities and Investments Commission (ASIC) which adheres to strict standards. The ASIC regulation is among the strictest authorities worldwide, which ensures stability and trustable maintenance guidelines for the protection of the client.

Also, there is a TradeMax Global Limited entity that falls under the laws of Vanuatu, an offshore zone. While generally, we do not recommend trading with offshore brokers due to lack of requirements, since TradeMax holds an additional reputable license it is considered safe to trade.

How Safe is Trading with TMGM?

Regulated brokers like TMGM face a series of regulatory requirements, as demanded and overseen by the regulators, thats basically the main difference of offshore companies and regulated Brokers, as Broker is overseen and should be compliant at all times to provide safe trading environment.

Those number of rules includes obligations such as capital requirements that should meet robust risk management and internal procedures, with sufficient cash equivalence that provides the broker’s reliability.

• All clients’ funds are held in a segregated trust account with National Australia Bank (NAB), as well the investors fall under the Professional Indemnity Insurance that places the compensation in case of the broker’s insolvency.
• Moreover, TMGM has its liabilities towards clients protected with a wide-ranging Civil Liability Insurance program, with a coverage limit of $10,000,000. This program gives market-leading protection against errors, omissions, negligence, fraud, and a wide array of other risks that might lead to financial loss.

Consistency and Clarity

With over ten years of experience, TMGM has established its own place in the market as a reliable and consistent Brokers with good overseeing standards and clarity applied. Consistent in its growth and clear in its trading conditions and offerings, we see TMGM as a reliable broker for traders with different needs. The stringent regulation of the broker and client protection measures further ensures transparent and safe trading.

TMGM is constantly expanding its geography, establishing a presence in over ten regions, and providing its services globally. The tight regulations ensure the safety of trading, while the international license gives access to a wider community of traders, at the same time adhering to high standards, which overall considered good. However, our advice is to check carefully the broker’s offerings through its international entity, as there might be certain differences in conditions. Also, we also recommend thoroughly checking the availability of certain deposit/withdrawal methods in your region, in case of certain restrictions.

Account Types and Benefits

Score – 4.5/5

Which Account Types Are Available with TMGM?

TMGM has 2 main account types – Classic and Edge, that offer different fee structures and trading conditions meeting different needs. The broker also has a Swap-free account for those clients who need to comply with Sharia law.

Below, we are going to view each account type and find out the main distinctions, but first here are few common features we found both accounts share as common: Both of the accounts enable access to MT4/MT5 platforms, while the initial deposit fee is also the same – $100. Both Classic and Edge accounts provide ECN execution and ensure fast and reliable processing of trades with the available leverage is as high as 1:1000. Irrespective of the chosen account, traders may access the same range of instruments (55+ FX pairs, 15+ Indices, 50+ Shares, 6 Commodities), as addition both accounts enable a swap-free option so traders of this preference may sign up too.

TMGM Classic Account

Generally, the main difference between the account types is the fee structures. Classic accounts are spread-based offering spreads starting from 1 pips. There is no additional commission, as all the costs are integrated into spreads. Tight spreads and transparency of the account are especially well-suited for beginner traders who seek simplicity in fees, low initial deposits, and availability of the best features.

TMGM Edge Account

This account type offers commission-based trading, with pips starting from 0.0 pips. The commissions are calculated at $3.5 per side per trade ($7 round turns). The Edge account is especially attractive for scalpers and high-frequency traders.

TMGM Swap-free Account

For traders who can’t pay or receive interest due to their religious beliefs, TMGM offers a Swap-Free account. Swap-free accounts do not receive or pay any interest/swap charges on overnight positions. Swap-Free is available for both Classic and Edge accounts and retains the main features of the accounts. For this account, there is a financing fee from $10-$20 for certain Instruments. No additional costs are implied for major and minor Forex pairs.

Regions Where TMGM is Restricted

TMGM accepts clients from around the world without much restrictions. The few limitations the broker imposes are mostly due to regulations. Here is a small list of countries where TMGM is not available:

• The USA
• Russia
• Syria
• Ukraine
• North Korea
• Cuba
• Iran

Cost Structure and Fees

Score – 4.5/5

TMGM Brokerage Fees

Our research revealed everything about TMGM’s main and additional costs. To be aware of the implied fees beforehand is essential for the purpose of planning trades and the possible costs connected with it. The broker, with its two account types, offers different fee structures – spread-based and commission-based. For both of the accounts, the fees are competitive and in line with the market average or lower.

• TMGM Spreads

TMGM spreads for both of its accounts are floating. For the classic account, the average spread is calculated at 1 pips, which is considered on the lower side compared to many brokers. For the TMGM Edge account, spreads start from 0.0 pips, yet there is also a fixed commission added. The spreads for EUR/USD pair are 1 pips, which is considered a good offering and on the lower side. For other instruments, too, the spreads are quite low, for XAU/USD spreads start as low as 0.7 pips. For Crude Oil, the spreads are as low as 0.3 pips.

• TMGM Commissions

TMGM has one commission-based account with 0.0 pips and a fixed commission of $3.5 per side per trade (round turn $7.0). This offering is more suitable for professional traders who prioritize fixed pricing over spread-based options. For its Classic accounts, TMGM does not charge any commissions.

How Competitive Are TMGM Fees?

By testing the accounts the broker provides, we found that the spreads for TMGM in both account types are variable and generally are on the lower side, providing traders with competitive fees for most of the instruments. Generally, fees vary across different asset classes. The spreads for Gold and Oil start from 0.0 pips for the Edge account.

All in all, TMGM is fairly transparent about its fees and costs, which are mostly in line with industry standards. The exact fees will depend on the instrument being traded and the regulatory entity associated with the trader‘s account. Its trading and non-trading costs are well-defined to ensure that no hidden charges apply.

TMGM Additional Fees

TMGM charges only a few additional fees, and those are the most common fees in the market. The good thing we found is that the broker doesn’t charge any deposit/withdrawal fees. There is an inactivity fee, though, for cases when traders remain inactive for more than 12 months and do not complete any deposits, or withdrawals, or do not open or close any positions. The inactivity fee is USD$30.

As such, TMGM does not charge currency conversion fees. Yet, traders might still face currency conversion costs posed by the payment provider.  The good news is that TMGM offers multiple account-based currencies including USD, EUR, GBP, AUD, NZD, and CAD, which means that if your preferred currency is one of these, you could avoid conversions.

Trading Platforms and Tools

Score – 4.4/5

TMGM offers its clients to conduct trades through the MT4 and MT5 platforms. Also, the broker offers a mobile app as a more flexible option. Traders can choose from the 2 platform options the one more suitable to their trading experience and needs.

TMGM Web Platform

The TMGM Web Platform ensures a positive trading experience directly through the browser, without downloads or installations. Accessible from any device, it allows traders to manage their accounts and execute trades with ease. The platform is quite versatile and supports a wide range of assets, including forex, stocks, commodities, and cryptocurrencies. Its advanced charting tools, comprehensive technical indicators, and user-friendly interface make it an excellent choice for every trader seeking hassle-free access to the broker’s platforms.

TMGM Desktop MetaTrader 4 Platform

TMGM MetaTrader 4 is user-friendly and equally suited for beginners and experts. It offers a good selection of technical indicators and charting tools in numerous time frames for detailed analysis. MT4 allows for algorithmic trading with the use of Expert Advisors, besides allowing the development of custom indicators and scripts using MQL4.

The simplicity of this platform is especially favorable for beginners, while advanced traders use it to trade a wide range of assets, from forex and stocks to cryptocurrencies. MT4 also hosts powerful technical analysis tools like MA, RSI, MACD, Stochastic Oscillator, and Bollinger Bands.

TMGM Desktop MetaTrader 5 Platform

MetaTrader 5 is the more advanced successor of MT4, ideal for forex, stocks, commodities, and cryptocurrency trading that is available at the Broker porposal. TMGM MT5 offers more advanced technical analysis, and algorithmic trading using the MQL5 programming language. The interface is simple and easy to use. Besides, the platform offers cross-device compatibility, ensuring seamless trading on desktops, Macs, tablets, and mobile devices, suitable for both novice and professional traders.

Moreover, security is one of the strong points of MT5, with advanced data encryption and 2FA. Regular updates by MetaQuotes Software further enhance its reliability. To begin trading with TMGM’s MT5, users first have to create an account and then download the platform onto a desktop for a secure and versatile trading experience.

Main Insights from Testing

TMGM’s MetaTrader 4 and MetaTrader 5 are designed for different traders, having an intuitive interface and providing easy access to forex, shares, commodities, and cryptocurrency. MT4 stands out for its ease, functionality with MQL4, and key analytics that include MA, RSI, and MACD, while MT5 supports more professional traders with its improved technical analysis, automated trading with MQL5, and multi-platform performance. Both of the platforms prioritize security, but MT5 provides additional features like 2FA.

TMGM MobileTrader App

TMGM Mobile allows traders to manage their trading funds easily and securely, with seamless deposit and withdrawal options, as well as real-time transaction tracking. The app is available on both iOS and Android devices. It makes account funding and withdrawals easier while keeping traders updated with instant notifications and transaction history.

Industry-leading security measures and encryption ensure that all financial information and transactions are safe, boosting the overall trading experience. All in all, the mobile app is a great opportunity for traders who can’t monitor their trades through the desktop platform all the time. The app enables them to access and monitor the market by making use of the main tools and features.

Trading Instruments

Score – 4.6/5

What Can You Trade on the TMGM Platform?

TMGM trading products are mainly CFD-based across different asset types. All in all, the broker’s offering of instruments is impressive and more diverse than most of the brokers. Broker enables access to 12.000+ tradable products, including 60+ forex pairs, indices, shares, etc.

Below you can see the whole range of assets TMGM enables access to:

• Forex
• Shares
• Precious Metals
• Energies
• Cryptocurrencies
• Indices

Main Insights from Exploring TMGM Tradable Assets

With the availability of over 12,000 products, TMGM is perfect for those traders who prioritize diversity and flexibility in their trading strategies. Active traders gain access to global markets without owning the underlying assets and benefit from both rising and falling markets. The impressive offering is also ensured by the fast execution of trades, good market conditions, high multiplier opportunity, and other benefits the broker provides.

However, as the broker’s products are mainly CFD-based, this offering will not meet the needs of traders seeking real investment opportunities. Besides, the conditions for each instrument are determined not only by the account type traded but also by the entity with which traders are registered. Thus, these aspects should be verified before engaging with the broker.

Leverage Options at TMGM

TMGM available leverage depends on the entity traders open their accounts with, as conditions vary based on the entity rules:

• In Australia where TMGM is regulated by ASIC, the maximum permitted leverage for Major forex pairs is 1:30 while Minor pairs are 1:20. This is in line with European and UK regulators. However, pro traders might be allowed access to higher leverage opportunities.
• In New Zealand where TMGM is regulated by FMA, the maximum permitted leverage is 1:400 for Forex.
• If clients trade via International entities then gain access to high leverage up to 1:1000.

Leverage is a loan provided to a trader by the broker with the possibility to multiply potential gains, however, we recommend you learn how to use the tool smartly and not involve yourself in the highest risk.

Based on what we found, account funding on TMGM can be performed by multiple secure methods with zero transaction fees. The account-based currency is a choice of the trader, so it means all your transactions to and from the trading account will be performed with the chosen currency making it an easier process.

TMGM’s available funding methods are compiled below:

• BankWire transfers
• Cards payments
• PayPal
• UnionPay
• POLi
• fasapay
• Gpay
• Apply Pay
• Neteller
• Skrill
• AsiaPay
• Interac

Minimum Deposit

TMGM allows traders to start with $100 in one of their chosen currencies: EUR, GBP, USD, AUD, NZD, and CAD. However, to explore more opportunities right from the start, the broker recommends an initial deposit of $500.

Withdrawal Options at TMGM

TMGM uses the same funding options for withdrawals as for deposits. TMGM charges no fees for withdrawal. However, traders should take into account the bank processing fee based on your bank’s terms and conditions.

• Bank transfers usually take 1-4 business days. For other withdrawal methods, the transfer is instant.

Customer Support and Responsiveness

Score – 4.6/5

Testing TMGM Customer Support

TMGM offers 24/7 customer support to help traders navigate the markets smoothly. Presently, the company offers its support in more than 10 languages. Besides, TMGM is enhancing its presence through local offices in more than 10 countries, expanding its services globally, and making them more accessible.

• Besides the main means of communication like live chat, email, and phone line, the broker also offers a helpful FAQ section, providing answers to essential trading-related questions that every trader might have, especially when they are at the beginning of their trading journey.
• The social media pages of the broker also offer up-to-date news about the market and the company.

Contacts TMGM

TMGM offers several options for communication – live chat with instant answers, phone line, and support through email. TMGM provides separate email addresses and phone numbers, for every kind of issue and inquiry:

• General client support and Account opening questions should be issued to support@tmgm.com, or clients can connect by phone: +61 2 8036 8388
• Marketing inquiries are sent to marketing@tmgm.com, or clients can use the +61 2 8036 8388 phone number
• Anything about careers should be sent to careers@tmgm.com. The available phone number is +61 2 8036 8388

Research and Education

Score – 4.4/5

Research Tools TMGM

TMGM research section provides traders with several tools to help them gain more insight into the market and make informed decisions. Although the MT4 and MT5 platforms already have a selection of analysis tools, the following tools are in the broker’s offering and boost the trading experience:

• Daily Technical analysis provides analysis of the financial markets, focusing on the in-depth review of different assets, like Forex pairs, Crude Oil, etc.
• Trading Central offers a few features that help traders in the market research. The newsletter provides daily analysis with trading plans, opportunities, and market overviews from the broker’s experts. MarketBuzz is another tool that gives a precise overview of the market sentiment based on data from professional news articles, social media, and other sources.
• Economic Insights is a useful tool that helps clients assess how certain economic events affect the market. Economic insights rely on interactive charts and real-time data.
• Economic Calendar is a great tool that keeps traders informed about essential economic events, monitors market activities in 38 countries, and provides filtering options to select the events by day, week, month, or any other time range.

Education

TMGM offers moderate education, with the most basic resources: FAQ section and Traders Terminology.

• The FAQ section answers the most essential questions regarding the broker’s services, registration process, funding, accounts, platforms, and other trading-related questions.
• Traders’ Terminology is comprised of the most essential terms of the market. Especially new traders might have difficulties in understanding financial terms, and the availability of the glossary enables them to easily understand the market and adapt to the trading vocabulary.

Is TMGM a Good Broker for Beginners?

We found the broker’s research section and tools quite favorable for enhanced trading experience. An impressive selection of analysis tools enables traders to be aware of the market changes and plan their trades ahead. However, the same we cannot say about the educational section, as the offering is quite basic, comprised of only the most essential resources.

Yet, TMGM is still suitable for beginner traders due to its favorable trading conditions and client-oriented approach. Besides, the account types offer diversity to suit every type of trader. The popular MT4 platform with its simple interface and great features is another advantage that makes TMGM a good choice for beginners.

Portfolio and Investment Opportunities

Score – 4 /5

Investment Options TMGM

Investment opportunities with TMGM are restricted, as the broker offers mainly CFD-based tradable products. This means that traders cannot engage in real investments, obtain stocks, and become shareholders.   However, in a certain sense, TMGM still supports its clients in diversifying their portfolios and trying innovative solutions with the availability of MAM accounts, and Social/Copy trading.

• TMGM MAM accounts are for professional traders and money managers who need to manage multiple trading accounts simultaneously. This feature enables the efficient execution of trades across multiple client accounts from a single interface. By accessing TMGM’s wide range of CFD instruments and advanced trading platforms, MAM accounts provide effective fund management while maintaining transparency and control.
• TMGM‘s copy trading allows traders to automatically follow and replicate the strategies of professionals. This tool is ideal for beginners to learn by observing successful traders or for those who want to engage in the markets without indulgence.

Account Opening

Score – 4.5/5

How to Open a Demo Account?

Opening a Demo account is an easy and quick way to get access to the market in a risk-free environment. Through Demo accounts, traders are given the chance to gain skills, try different strategies, and accumulate market knowledge in the most safe manner. Here are several simple steps to start with a Demo account:

• Choose “Try Demo Account” on the broker’s website
• Fill out the registration form
• Set your account based on your trading preferences
• Use the login details sent to you by email and access your Demo account
• Start trading

How to Open a TMGM Live Account?

Opening a TMGM live account is a straightforward process, comprised of several mostly simple steps. Here are the steps in order to follow:

• The first step is to select “Start Trading” on the broker’s website
• Enter the requested information
• Choose the account type, currency, and leverage
• Create a password
• Submit documents (ID, Driver’s license), and proof of address (bank statement, utility bill)
• When the information is verified, you’ll receive an email informing you that you are ready to start trading

Additional Tools and Features

Score – 4.5/5

TMGM stands out for its offering of additional tools and features. This is a good point for the broker, as additional features enable traders to better research, analyze, and perform. Here we have accumulated a few of the additional tools and opportunities you can access with TMGM:

• TMGM enables its clients access to HUBx, a unique platform enabling fund managers and clients to work together. It offers simple but advanced portfolio adjustment tools to help clients take control of their investments. Clients are free to monitor and manage their positions and adjust their risk allocations.
• Signal trading enhances the trading experience by providing real-time trading signals from expert traders. To start with signal trading clients should choose their role as a Provider or Subscriber.
• VPS is a powerful tool that ensures stability and constant connection to the market. The VPS is designed for customers who are dependent on algorithmic trading strategies or Expert Advisors, ensuring minimal latency and continuous connection to the trading servers.
• Through accurate and timely delivery of data, Acuity enables traders to make better decisions. As an online research tool, it combines data scientists’ expertise with AI, providing essential insights.
• TMG Rewards is a great way to accumulate points through loyalty to the broker. The reward program members earn 10 points for every lot they trade. Currently, the program is available in a long list of countries. Clients need to check the information about availability right from the website.

TMGM Compared to Other Brokers

All in all, we revealed multiple advantages TMGM offers its clients. We have also compared the broker’s offerings with other brokers and came to the following conclusion. TMGM has a safe and trustworthy environment due to its tight regulation from ASIC and FMA, thus, regarding reliability, TMGM is much safer than Alpari with its offshore license. However, TMGM has other great aspects of trading, like its wide range of instrument offerings reaching 12.000 tradable products. This gives traders a great chance for diversity, which we cannot say about Triumph FX with its very limited offering of 64 available instruments.

The competitive fee structure enables traders to choose spread or commission-based options, which enables traders to go for the most comfortable option based on their trading preferences, in contrast to Fortrade, with only a spread-based account. However, in terms of education, TMGM falls behind brokers like Pepperstone, which stands out for its extensive education resources.

Full Review of Broker TMGM

TMGM is a well-established broker with a great reputation and loyalty from traders. Regulated by top-tier authorities such as ASIC and FMA, it enables transparency and offers additional protection to its clients. Its trading conditions are mostly favorable and client-oriented. Besides, TMGM’s large selection of instruments offers good diversification, although the instruments are mainly CFD-based, which restricts real investment options. However, traders still have access to MAM accounts and Copy Trading to try new trading opportunities without much hassle.

Based on our research, TMGM is suitable for traders of all levels. With an average $100 minimum deposit, multiple funding options, a Demo account, and great research tools TMGM might be a good start for beginners, especially through the MT4 platform, while experienced traders can try advanced strategies and enhanced tools and features available via MT5 platform to explore the market further. What’s more, with an intuitive user interface and top-notch customer service, the platform becomes extremely attractive for traders of any level of experience.

We found TMGM’s approach client-centric, striving to meet various trading strategies. The availability of Trading Central and other tools supports detailed market analysis, providing traders with essential insights. The range of deposit and withdrawal methods TMGM supports is also impressive, resulting in flexibility and accessibility to the funds.