TMGM Review 2022: Best Trading Instruments


TMGM Review 2022: From the home page of its website itself, the confident young broker starts encouraging you to dive into trading. TMGM is an award-winning platform with robust charting and innovative trading tools. TMGM has more than 7 years of trading experience.

Spreads are available from 0 pips on EUR/USD. The broker enables you to trade CFDs on more than 100 major, minor, and exotic forex pairs. You can start trading with just a$100 minimum initial deposit. The broker touts more than 15000 active clients globally. It has 7 offices the world over.

The broker claims to be pushing itself relentlessly to optimise liquidity for clients. Backed by 7 top tier liquidity providers, TMGM offers more than 12000 trading products.  

Pros and Cons:


  • More than 12000 products to trade on; 
  • ECN trading accounts; 
  • MT4/MT5 and IRESS trading platform ; 
  • Commission free trading; 
  • 24/7 customer support. 


Restricted crypto offering. 

Is TMGM Scam: Regulations

TMGM ‘s parent company, Trademax Australia Ltd, is regulated by ASIC or Australian Securities and Investments Commission. The broker has the Australian Financial Services License # 436416. Its registered address is level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, Australia. 

The Financial Markets Authority in New Zealand (FMA) regulates TMGM’s parent company Trademax Global Markets (NZ)Ltd. The broker holds the certificate FSP#569807. Its registered address is Level One, 151 Queen Street, Auckland CBD, Auckland 1010, New Zealand. 

Trademax Global Limited(trade name TMGM ) is authorised and regulated by the Vanuatu Financial Services Commission. The broker has registration number 40356. The registered address is 1276 Kumul Highway, Port Vila, Vanuatu, Republic of Vanuatu. 

TMGM Review: Trading Account Types

The trading accounts page on the broker’s website offers two account types: edge; classic. 

Edge account features 

  • Available on MT4/MT5; 
  • spread from 0 pips; 
  • Commission per lot $3.5($7 round turn); 
  • Minimum deposit $100; 
  • Minimum lot size 0.01; 
  • Maximum leverage 1:500; 
  • Available base currencies USD,EUR,GBP,AUD,NZD,CAD;
  •  No withdrawal fee;
  • Available markets 46 Forex, 6 commodities, 10 indices ; 
  • EAs permitted; 
  • Scalping permitted; 
  •  News trading permitted; 
  • No minimum stop loss distance.

Classic account features

  • Available on MT4/MT5; 
  • Spread from 1 pips; 
  • Commission per lot – zero;minimum deposit $100; 
  •  Minimum lot size 0.01;
  • Maximum leverage 1:500; 
  • Available base currencies USD,EUR,GBP,AUD,NZD,CAD;  
  • No withdrawal fee; 
  • Available markets 46 Forex, 6 commodities, 10 indices ;
  •  EAs permitted; scalping permitted;  
  • News trading permitted; 
  • No minimum stop loss distance.

TMGM Review: Account Opening

On the trading accounts page of the broker website, you are encouraged to click the ‘start trading’ button. This would initiate your trading account application process. 

Alternatively, you can click on the ‘get started’ tab on the broker homepage. The user can then go on to a live account application page. He would be asked to submit personal info, additional info, and account configuration settings.

Read also: Duelbits Referral Code

Users are subsequently asked for standard identity proof and proof of address documents prior to continuing. Post acceptance, users are redirected to the TMGM Dashboard,  

TMGM Review: Trading Platform

TMGM claims to have the right platform for the trader, regardless of level or device. 

MetaTrader 4: 

MetaTrader 4, long recognised as the industry standard, is compatible across desktop, Mac, Tablet, mobile. MetaTrader 4 desktop application has an intuitive user interface, customisable feature-rich environment, and a public library of countless custom indicators make it the first rank holder.

TMGM’s MetaTrader 4 platform is optimised for Expert Advisors. Lightning speed execution and very thin spreads facilitate EA optimisation. MetaTrader 4 with TMGM places a particular accent on backtesting. Trading strategies are backtested so that fine-tuning can lead to the best results for client trading. 

MetaTrader 5 

Touted as the next setter of trading platform benchmarks, MetaTrader 5 is slated to arrive with the broker in the near future. 


Touted as the next generation web-based trading platform, iRESS places leading analysis tools in retail traders’ hands. 

  • All browser compatible; 
  • advanced charting features;
  •  real-time price streaming; 
  • one of a kind modular structure;
  •  portfolio management; 
  • access to market depth and 
  • genuine exchange pricing. 

The share CFDs tradable on iRESS

  • NYSE; 
  • NASDAQ; 
  • ASX (AU);
  •  HKEX(HK).

TMGM Review: Trading Instruments

TMGM permits you to trade across 6 product categories. 


  • There are more than 50 forex pairs, 
  • Spreads start from 0 pips, 
  • There are more than 10 liquidity providers, 
  • Up to 1:500 leverage, 
  • All strategies are permitted, 
  • No requotes. 

Share CFD trading 

The share CFDs tradable on iRESS

  • NYSE; 
  • NASDAQ; 
  • ASX (AU);
  • HKEX(HK).
  • There are shares to the tune of 12000 plus tradable from a single TMGM account. 
  • Direct market access makes for comprehensive price transparency even as you participate in real market liquidity.
  • Instant execution speeds ensure you obtain effective price execution. Low commission. 
  • TMGM clients receive dividends directly. 
  • Share CFDs with competitive prices are a TMGM speciality. 
  • Retail traders have maximum leverage of up to 1:10 leverage. 
  • You may go long or short.
  • No requotes. 

Precious metals 

Trading CFDs on precious metals permits you to make the most of portfolio diversification as well as speculation sans the need to physically own the metals. 

Gold, silver, platinum CFDs can be traded with up to 1:400 leverage. 


Trade oil and natural gas markets diversify your portfolio. Spreads from 0.2 pips upwards result from the TMGM aggregation engine. Leverage up to 1:100 allowed. 


With TMGM you can access the national economies performance of more than ten economies thru indices. Indices CFD trading is without any commissions. There are spreads from 0.1 pips.  

TMGM Review: Commission & Spreads

TMGM trading costs differ depending on the account type of the opened instrument being traded. The Edge Account presents raw spreads from 0 pips accompanied by a $7 per round turn commission. The Classic account presents variable spreads from 1 pip with zero commission.  

The trading platform has the info on overnight swap fees. 

TMGM Review: Leverage

The broker permits leverage up to 1:500. On specific products, Retail traders have maximum leverage of up to 1:10 leverage.

TMGM Review: Deposit and Withdrawal

Traders may place deposits without having to pay anything. The minimum deposit stands at $100. Instant processing time: VISA, Mastercard, Neteller, Skrill, Union Pay, RMB, fasaPay, STICPAY. 1 day processing time: Revolut, Wise. Bank transfer can take up to 3 business days of processing. 

Withdrawals can likewise be processed thru options. 

The processing time in all such cases is 1 working day. 

The options include bank transfer, Neteller, Revolut, Wise, Skrill, RMB. 

The commission in all these cases is zero. You have to take into account intermediary bank charges, however. 

TMGM Review: Educational and Research Support

TMGM is a rich assortment of educational materials for clients. The resources in the Academy are divided into three categories: beginner, intermediate, and advanced. There’s a convenient ‘get started’ button to take you right into each specific segment. The beginners’ course focuses on charts and indicators. 

The intermediate stage is concerned with more complex indicators. Fundamental analysis also fleshes out this course quite a bit. 

The final and advanced category of educational resources concerns the more advanced indicators, tools and applications. Learners will have to show they can put together a trading strategy out of all their absorbed input.  

Market analysis is just one of the several research tools available. In addition, there are up to two posts each day with comprehensive coverage of technical outlook, besides fundamental analysis. 

Another useful research tool is the Market Buzz, focusing on market sentiment analysis. An ‘open an account button invitingly stands out on the ‘market sentiment tool’ webpage. 

HUBx, a bespoke platform for fund managers and their clients, assists investment control. The platform touts a full unified dashboard permitting fund managers to monitor all accounts with statistics. Key statistics include the client’s name; net value, allocated proportion. 

The platform boasts smart journals and logs, keeping an eye on all transaction info. 

TMGM Review: Customer Support

TMGM presents customer support 24/7 in several languages, including English, Chinese, French, Spanish, Italian, Arabic, Thai, and Vietnamese. 

Address: Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia. 

Phone: +61 2 8036 8388

Email: [email protected] 

Final Verdict:

Since the 2021 edition, TMGM has been the exclusive online trading platform of the Australian Open. TMGM sponsors acclaimed Italian goalkeeper Gianluigi Buffon. There’s clear evidence of the broker has won accolades in the form of awards. There are a wide variety of tools and applications to widen one’s understanding of FX trading. The customer support staff could be more prompt. 

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