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TMGM Broker

Website: www.tmgm.com
Minimum Deposit: $100
Leverage: Up to 1:500
Platforms: MT4, MT5, IRESS
Regulators: ASIC, FMA, VFSC
Founded: 2013
Headquarters: Australia
Quick Overview
TMGM (Trademax Global Markets) is a globally regulated broker offering trading in Forex, metals, indices, shares, crypto, and commodities via powerful platforms like MT4, MT5, and IRESS. With top-tier licenses from ASIC (Australia) and FMA (New Zealand), TMGM provides a secure, direct-market-access trading environment with highly competitive pricing.
Is TMGM Safe?
Yes. TMGM is regulated by multiple authorities, including:
- ASIC (Australia): ABN 76 162 331 311 | AFSL 436416
- FMA (New Zealand): Registration No. 569807
- VFSC (Vanuatu): Registration No. 40356
While it offers international access via its VFSC entity, TMGM’s top-tier regulations from ASIC and FMA ensure robust investor protections.
Leverage Options
- ASIC/FMA regions: Max 1:30
- Global clients: Up to 1:500
- Pro clients: Up to 1:400
Leverage varies by jurisdiction. TMGM offers high leverage for international and professional traders but recommends risk awareness.
Account Types
- Classic Account: Spreads from 1 pip, no commissions
- Edge Account: Spreads from 0 pips, $7 commission per round trip
- Swap-Free Account (Edge only)
- Demo Account: Practice with $5,000–$50,000 virtual funds
Minimum deposit: $100
Over 12,000+ instruments across Forex, indices, metals, energies, stocks, and crypto.
Spreads & Fees
- Classic: Spread-based, no commission
- Edge: Raw spreads + $7 commission
- Spreads: EUR/USD as low as 0.0–1.0 pip
No deposit/withdrawal fees. Inactivity fee applies after 6 months.
Overall Fees Rating: 4.4/5
Deposit & Withdrawal
- Methods: Bank transfer, cards, PayPal, UnionPay, POLi, fasapay
- Fast processing (instantly for most methods)
- Same methods for deposit and withdrawal
Funding Score: 4.3/5
Trading Platforms
- MT4 / MT5: Industry-standard platforms
- IRESS: Ideal for share trading (US, AU, UK, HK markets)
- DMA (Direct Market Access) for professional-level trading
Platform Rating: 4.0/5
Note: IRESS requires a $5,000 minimum deposit.
Customer Support
- 24/7 multilingual support via live chat, email, and phone
- Fast response times and helpful assistance
Support Rating: 4.5/5
Education
- TMGM Academy: Beginner to Advanced levels
- Covers technical tools (MACD, RSI, Fib), trading psychology, and strategy
- Free resources: guides, videos, glossary, market insights
Education Score: 4.9/5
Final Verdict
TMGM stands out for its strong regulation, low trading costs, fast execution, and diverse asset offerings. With access to MT4/MT5/IRESS, swap-free accounts, and excellent education tools, TMGM is ideal for:
- Beginners & experienced traders
- EA, scalping, and copy trading
- Traders seeking STP/DMA execution
- Islamic traders (swap-free)
Recommended for global FX and CFD traders who want a secure, affordable, and feature-rich trading experience.