TMGM Review 2026
Established in 2013
•
Australia
• ASIC Regulated
TMGM is a well-established broker with a solid 4.3/5 rating. Regulated by ASIC (highest protection tier), this broker offers spreads from 0.0 pips on EUR/USD with a minimum deposit of $100. Trade 12000+ instruments including forex, CFDs, and more.
📊 TMGM Overview
TMGM (Trademax Global Markets) is a well-established broker founded in 2013 headquartered in Sydney, Australia. The broker operates under the supervision of ASIC , one of the world's most respected financial regulators known for strict oversight and investor protection .
With access to 12000+ tradable instruments including 56 forex pairs , 19 cryptocurrencies , 10000 stocks , and various indices, TMGM caters to diverse trading strategies.
| Legal Name | Trademax Global Markets |
|---|---|
| Founded | 2013 |
| Headquarters |
Sydney, Australia
|
| Primary Regulation | ASIC (Tier 1 - Highest Protection) |
| Instruments | 12000+ assets |
| Min Deposit | $100 |
| Max Leverage | 1:500 |
📖 TMGM — In-Depth Introduction
Operating since 2013, TMGM has developed a solid reputation over its 13-year history. Operating under the stringent oversight of ASIC, TMGM adheres to the highest regulatory standards in the industry. This tier-1 regulation means clients benefit from robust investor protection, including segregated accounts, negative balance protection, and access to compensation schemes. With a $100 minimum deposit requirement, TMGM removes barriers to entry for new traders.
Company Background
TMGM (legally Trademax Global Markets) has been operating in the financial services industry for 13 years. Headquartered in Sydney, Australia, the broker has established a solid track record through various market conditions.
The broker provides access to 12000+ tradable instruments.
💸 TMGM Fees — Complete Cost Analysis
TMGM offers competitive trading costs that will appeal to cost-conscious traders. The 1.0 pip spread on EUR/USD is below the industry average, providing good value. TMGM's ECN accounts feature $3.5 commission per lot, combined with raw spreads. Total trading costs often work out lower than spread-only accounts for high-volume traders. To put this in perspective: trading 10 lots per month on EUR/USD at TMGM's 1.0 pip spread would cost approximately $100 in spread fees alone. Compare this to an industry-average broker at 1.0 pips, where the same volume would cost $100.
Trading Costs Breakdown
💡 Cost Calculator: TMGM
Non-Trading Fees
| Fee Type | TMGM | Industry Average |
|---|---|---|
| Deposit Fee | Free | Free - $25 |
| Withdrawal Fee | Varies by method | $0 - $50 |
| Inactivity Fee | None | $10-50/month |
Want to compare fees with other brokers?
⚖️ Compare🛡️ Is TMGM Safe? — Complete Security Analysis
TMGM's 82/100 safety rating indicates acceptable risk levels. Key protections are in place, though some areas could be improved. TMGM implements institutional-grade fund security: segregated accounts, regular third-party audits, and in some jurisdictions, investor compensation scheme coverage up to €20,000.
Regulatory Framework
TMGM is regulated by ASIC.
Security Features Checklist
Understanding the Trust Score
Our 82/100 Trust Score is calculated using 15+ safety factors including regulation, company history, financial transparency, and client fund protection.
📋 Methodology👤 Who Should Use TMGM?
✅ Best For
- Beginners will appreciate TMGM's low $100 minimum deposit, free demo account, and educational resources. The learning curve is manageable, making it suitable for those just starting their trading journey.
- Muslim traders can benefit from TMGM's swap-free Islamic accounts, which comply with Sharia principles. No interest is charged on overnight positions.
- TMGM's copy trading functionality makes it ideal for passive investors who want market exposure without active management. Follow successful traders and replicate their strategies automatically.
❌ May Not Suit
- Those seeking the absolute lowest trading costs.
Looking for alternatives?
📝 The Bottom Line on TMGM
TMGM is a solid choice for most traders looking for reliability with a 4.3/5 rating.
📈 TMGM Detailed Scores
Our expert team evaluates brokers across 8 key categories. Here's how TMGM performed in our rigorous testing:
TMGM offers a solid trading experience with competitive conditions.
💰 TMGM Fees & Spreads
Understanding trading costs is crucial for profitability. TMGM uses a Raw/ECN spread model with commissions of $3.5 per lot round turn.
📊 Typical Spreads
| Pair | Min | Average |
|---|---|---|
| EUR/USD | N/A | N/A pips |
| GBP/USD | 0.8 | 1.2 pips |
| USD/JPY | 0.6 | 1.0 pips |
| XAU/USD | 15 | 25 cents |
💳 Other Fees
| Commission (ECN) | $3.5/lot |
| Deposit Fee | Free |
| Withdrawal Fee | Free (method dependent) |
| Inactivity Fee | None |
| Swap-Free (Islamic) | ✓ Available |
💡 Trading Cost Example
Trading 1 standard lot (100,000 units) of EUR/USD with TMGM:
- Spread Cost: 1.0 pips × $10/pip = $10.0
- Commission: $3.5 round turn
- Total Cost: $13.5 per lot
🛡️ TMGM Regulation & Safety
TMGM is regulated by ASIC, a Tier 1 - Highest Protection regulatory authority. This means the broker must adhere to the strictest financial regulations, including capital requirements, regular audits, and mandatory investor protection schemes.
📜 Regulatory Licenses
- ASIC 436416
- VFSC 40356
🔒 Safety Features
- ✓ Segregated Client Funds
- ✓ Negative Balance Protection
- ✗ Investor Compensation
- — Publicly Traded
🎯 Trust Score: 82/100
High Trust: TMGM has demonstrated excellent regulatory compliance and safety standards.
🖥️ TMGM Trading Platforms
TMGM offers 3 trading platforms, giving traders flexibility in how they access the markets. Mobile apps are also available for iOS and Android.
MetaTrader 4
The world's most popular forex platform. Ideal for beginners and algo traders with Expert Advisor support.
- ✓ Expert Advisors (EAs)
- ✓ Custom Indicators
- ✓ One-Click Trading
- ✓ Mobile & Desktop
MetaTrader 5
Advanced multi-asset platform with more timeframes, order types, and improved backtesting.
- ✓ 21 Timeframes
- ✓ Depth of Market
- ✓ Economic Calendar
- ✓ Multi-Asset Support
📋 Platform Comparison
| Feature | MT4 | MT5 | cTrader |
|---|---|---|---|
| Available | ✓ | ✓ | ✗ |
| Copy Trading | ✓ | ✓ | ✓ |
| Algo Trading | ✓ | ✓ | ✗ |
| VPS Available | Not offered | ||
| API Access | Not available | ||
🌐 TMGM Tradable Instruments
TMGM offers access to 12000+ tradable instruments across multiple asset classes. This includes 56 forex pairs , 19 cryptocurrencies , and 10000 global stocks.
👤 TMGM Account Types
TMGM offers various account types to suit different trading needs and experience levels. Demo accounts are available for practice. Swap-free Islamic accounts are also available for Muslim traders.
Practice with virtual funds
Compliant with Sharia law
Not available
Not available
Replicate successful traders
💳 TMGM Deposits & Withdrawals
TMGM requires a minimum deposit of $100 — one of the most accessible in the industry.
📥 Deposit Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets (Skrill, Neteller)
📤 Withdrawal Methods
- 💳Credit/Debit Cards
- 🏦Bank Wire Transfer
- 📱E-Wallets
⚖️ TMGM Pros & Cons
✅ Pros
- Top-tier ASIC regulation ensures high safety standards
- Offers both MetaTrader 4 and MetaTrader 5 platforms
- Free demo account available for practice
- Low minimum deposit of just $100 makes it accessible
- Negative balance protection for retail traders
- Copy trading available for passive investing
- Swap-free Islamic accounts available
❌ Cons
- Limited educational resources for advanced traders
📚 TMGM Education & Research
TMGM's educational offerings are limited compared to some competitors.
Limited
Not available
Basic coverage
Available on trading platforms
🎧 TMGM Customer Support
TMGM offers customer support to assist traders with their queries.
⭐ TMGM User Reviews
📝 User reviews will be displayed here. Share your experience with TMGM!
Write a Review🏆 TMGM — Our Verdict
TMGM is a solid choice for most traders. With ASIC regulation, 0.0 pips EUR/USD spreads, and a $100 minimum deposit, this broker is particularly accessible for beginners .
Best for: Safety-focused traders , Beginners with limited capital , Passive investors
⚠️ Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 74-89% of retail investor accounts lose money when trading CFDs with this provider. Consider whether you understand how CFDs work and whether you can afford the high risk of losing your money.
❓ TMGM — Frequently Asked Questions
Is TMGM a safe and regulated broker?
Yes, TMGM is regulated by ASIC, which is a Tier 1 - Highest Protection regulatory authority. The broker also holds licenses from 1 additional regulators. Client funds are kept in segregated accounts with negative balance protection.
What is the minimum deposit at TMGM?
The minimum deposit at TMGM is $100. This is considered low and accessible for beginners.
What trading platforms does TMGM offer?
TMGM offers the following trading platforms:
- MetaTrader 4 (MT4) — The most popular forex trading platform
- MetaTrader 5 (MT5) — Advanced multi-asset platform
- Web Platform — Trade directly from your browser
- Mobile Apps — Available for iOS and Android
What are TMGM's spreads on EUR/USD?
TMGM offers EUR/USD spreads . The broker uses Raw/ECN spreads. On ECN accounts, there's a commission of $3.5 per lot round turn.
How long do withdrawals take at TMGM?
Withdrawal processing times at TMGM depend on the payment method:
- E-wallets: 0-24 hours
- Credit/Debit Cards: 2-5 business days
- Bank Transfers: 3-7 business days
Does TMGM offer a demo account?
Yes, TMGM offers free demo accounts with virtual funds so you can practice trading without risking real money. This is an excellent way to test the platform and develop your trading strategy.
What is TMGM's maximum leverage?
TMGM offers maximum leverage of 1:500. However, note that leverage limits vary by region due to regulatory requirements:
- EU/UK/Australia: Up to 1:30 for major forex pairs (retail)
- Professional traders: Higher leverage may be available upon qualification
- Other jurisdictions: Leverage up to 1:500 may be available
Higher leverage increases both potential profits and potential losses.
Can I use TMGM in ?
TMGM accepts traders from . The broker operates under ASIC regulation. Always verify current availability and applicable regulations on the broker's website.
Does TMGM offer Islamic (swap-free) accounts?
Yes, TMGM offers Islamic (swap-free) accounts that comply with Sharia law. These accounts do not incur swap charges for positions held overnight. Contact TMGM's support to request an Islamic account.
What instruments can I trade with TMGM?
TMGM offers access to 12000+ tradable instruments:
- 56 Forex currency pairs
- 19 Cryptocurrencies
- 10000 Stock CFDs
- 17 Index CFDs
- 11 Commodities
