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TMGM
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TMGM

🇦🇺
  • Forex
  • Brokerage
  • ...
10-15 years
Website

Current Rating

4.52

Industry Tier

A

Profile

TMGM, established in 2013, is a Forex broker officially known as TradeMax Global Markets, with its headquarters in Australia. Since its inception, TMGM has built a good reputation in the global financial market through its comprehensive financial products and professional services.

TMGM Official Website

Corporate Background

TMGM is a broker that provides Forex trading services, registered on October 28, 2007, under TRADEMAX AUSTRALIA LIMITED, with its head office located at Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney NSW Australia. The company has set up offices in Australia, New Zealand, Thailand, and Cyprus, offering services globally. Its business expansion to over 150 countries and regions demonstrates its strength and influence as a global financial services company.

TMGM domain registration time on WHOIS

Corporate registration information

Regulatory Information

As a Forex broker, TMGM is regulated by the Australian Securities and Investments Commission (ASIC), the Financial Markets Authority of New Zealand (FMA), and the Vanuatu Financial Services Commission (VFSC). These regulations provide protection for investors' funds and trading activities, enhancing the company's reliability and reputation.

The Australian Securities and Investments Commission (ASIC) is Australia's financial regulatory authority, responsible for overseeing and managing the Australian financial services industry, including securities, futures, forex, and financial advice. ASIC's regulation is considered to be quite strict and comprehensive, playing an important role in protecting investor interests and maintaining financial market stability. Investors trading in Australia can rely on the regulatory framework and protection mechanisms provided by ASIC.

The Financial Markets Authority (FMA) is New Zealand's financial regulatory authority, responsible for overseeing and managing New Zealand's financial services industry, including securities, futures, forex, and investment advice. FMA's regulation is considered to be quite strict and comprehensive, playing an important role in protecting investor interests and maintaining financial market stability. Investors trading in New Zealand can rely on the regulatory framework and protection mechanisms provided by FMA.

FMA regulatory inquiry

ASIC regulatory inquiry

Trading Products

TMGM offers various trading products, including Forex, stocks, precious metals, energy, cryptocurrencies, and indices.

  • Forex trading is conducted in the world's largest financial market, where investors can buy and sell currencies based on the value expectations of currencies like the Euro/US Dollar, British Pound/US Dollar, etc.
  • Stock trading allows the buying and selling of company shares, giving shareholders a stake in company ownership, including dividends and voting rights.
  • Precious metals such as gold and silver are often seen as safe-haven assets and can be invested in through spot or futures contracts.
  • Energy product trading is often conducted through futures contracts, reflecting market expectations of supply and demand changes.
  • Cryptocurrency trading involves digital currencies like Bitcoin and is characterized by high market volatility and risk.
  • Indices trading involves a standardized numerical value of a specific stock market part or the whole, which can be invested in through index funds or derivatives.

Trading products

Trading Software

TMGM provides multiple trading platforms, including MT4, MT5, and Iress, to meet the needs of different investors.

MetaTrader 4 (MT4) and MetaTrader 5 (MT5) are trading platforms for Forex and financial derivatives developed by MetaQuotes Software Corporation. Since its release in 2005, MT4 has become a mainstream platform, offering real-time quotes, technical analysis, and automated trading. MT5, launched in 2010, retains MT4's functions and adds new features such as multi-market support and in-depth market analysis. Both are widely popular and suitable for Forex, stocks, and other financial markets.

Iress is a professional trading software developed by Australian company IRESS Limited. It provides extensive financial market information and trading functions for various financial products, including stocks, options, futures, and forex. Iress features real-time quotes, chart analysis, order execution, and supports multi-market trading. The software also offers powerful risk management tools, helping users control risks and devise effective trading strategies. Iress is used extensively in financial institutions and by individual investors, making it a comprehensive, stable, and reliable trading platform.

Trading software

Account Registration

The TMGM official website offers a live account registration link, with the steps for registration as follows:

First, open the Trading Pro official website and click "Sign Up" at the top right corner of the webpage.

Account registration

Then, complete your account registration by following the steps and filling in the information (such as identity details, email, password etc.).

Registration steps

Account Types

TMGM offers two different types of trading accounts: EDGE Account and CLASSIC Account, to meet the needs of different traders. Both accounts support MT4/MT5 trading platforms and require a minimum initial deposit of $100. The minimum trade size is 0.01 lots, the maximum leverage is 1:30, and account currencies include USD, EUR, GBP, AUD, NZD, CAD with no deposit and withdrawal fees. The difference is that the EDGE Account has a 0.0 spread, while the CLASSIC Account has a 1.0 spread. The former incurs a commission of $3.5 ($7.0 round turn) per lot, whereas the latter has no commission fee. Users can choose different account types according to their trading needs.

Account types

Deposit and Withdrawal Methods

TMGM supports a variety of deposit methods, including bank transfer, China UnionPay, credit/debit card, FasaPay, Neteller, Skrill, SticPay, Revolut, Wise, RMB Instant, Asia Instant Pay, and SEA Internet Banking, which are instant and allow for quick withdrawals, offering customers the simplest way to deposit.

Deposit and Withdrawal Methods

Customer Support

TMGM offers support in various languages, including Chinese, English, French, Indonesian, Italian, Portuguese, Spanish, Thai, Vietnamese, and Filipino. Multiple contact channels are available, and traders can contact the customer support team at +61 280368388 for direct and immediate assistance. Investors can also send their questions or requests to support@tmgm.com.au

Contact information

Summary

As a global financial services provider, TMGM has established a good brand image through its diversified financial products, efficient trading platforms, multi-language support, and active participation in social responsibilities and charity activities. The company focuses on customer experience and market expansion, dedicated to providing investors with a safe and efficient trading environment. However, investors should thoroughly understand the associated risks before trading.

Currently, TMGM is marked as "Normal Operations" on TraderKnows.

User Reviews

4.52

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FAQ About TMGM

01

Is the TMGM platform legitimate?

Established in 2013, TMGM is a forex broker regulated by ASIC, FMA, and VFSC, offering investor funds and trading activities protection.

02

Can TMGM be traded on MT5?

TMGM offers several trading platforms including MT4, MT5, and Iress, meeting the needs of various investors.

03

Does the TMGM platform support cryptocurrency deposits and withdrawals?

TMGM supports various deposit methods such as bank transfers, UnionPay, credit/debit cards, and digital wallets, featuring instant crediting and swift withdrawals for an easy deposit process.

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Australia
Market Categories
Forex | CFD
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