TMGM is an Australian forex broker renowned for its low fees and sophisticated trading tools. It allows traders to trade over 12,000 financial instruments on both MT4 and IRESS platforms.
Traders can open accounts in their native tongue, with support available via chat, email and telephone. Our live chat representatives are experienced and available to assist with a range of issues.
Opinions
TMGM is a multi-regulated forex and CFD broker that offers an impressive selection of trading assets as well as excellent customer support. It has earned itself a solid reputation for transparency, holding licenses from reliable regulators in Australia and beyond.
Traders can access the broker’s trading platform from any computer or mobile device with an internet connection. It supports various deposit and withdrawal methods such as bank transfers, credit/debit cards, and electronic wallets.
TMGM boasts an impressive research portfolio, boasting in-house content such as market forecasts and Trading Central’s Market Buzz and Economic Insight tools. Furthermore, the company has a blog and social media channels for added engagement.
Benefits
A reliable broker should offer a wide selection of trading instruments, deposit and withdrawal services, as well as customer support. When selecting a broker, traders should take into account their goals and needs when making their choice.
A trustworthy broker should offer multiple deposit and withdrawal methods such as e-wallets, international bank transfers, credit/debit cards. Furthermore, they provide educational tools and webinars.
TMGM is a forex broker that provides clients with access to numerous trading assets and secures funds for its clients. Its spreads and fees are competitively priced compared to those charged by other brokers.
Traders can open an account through either the TMGM website or a trading platform. They have two choices of accounts: an edge account with fixed commissions and raw spreads starting at 0.0 pips, or the classic account which offers commission-free trading with floating spreads from 1.0 pips.
Deposit and withdrawal
TMGM provides deposit and withdrawal options in a variety of currencies. These include bank transfers, credit/debit cards, as well as multiple e-payment wallets. Please be aware that some funding methods may take longer than others to complete transactions.
Traders may opt for an IRESS demo account to test out the platform without risking any funds. This can be a useful method to determine if they feel comfortable investing in an actual account with IRESS.
TMGM is accredited and regulated by multiple authorities, such as the Australian Securities and Investments Commission (ASIC) and Vanuatu Financial Services Commission (VFSC). ASIC regulations are some of the toughest in existence, so you can rest assured knowing your broker is legitimate.
Trading platform
TMGM offers over 12,000 trading products across 7 asset classes, such as forex, indices, shares, cryptocurrencies, commodities and energies. Its IRESS platform offers ECN spreads and lightning-fast executions.
Additionally, the broker’s two retail account types – Classic and Edge – are accessible to all levels of traders with low trading fees. Those seeking a more sophisticated trading approach can take advantage of IRESS account, which permits trading 10,000+ instruments including ETFs and options.
TMGM broker provides a range of deposit and withdrawal methods, such as debit/credit cards, bank transfers, and multiple e-payment wallets. However, you should confirm which payment options are available in your country/entity before depositing or withdrawing funds.
TMGM is an Australian financial service provider renowned for its management efforts to provide stable trading conditions to investors. With operations spanning 200 countries, Trademax Australia Limited – its main entity regulated by the Australian Securities and Investments Commission (ASIC) – serves customers around the world.
Pros and cons
TMGM is a multi-regulated forex and CFDs broker that offers competitive spreads, ECN execution, and an expansive selection of trading instruments. Furthermore, it has customer support channels available in 10 languages.
TMGM boasts an array of payment methods, such as credit and debit cards, international bank transfers and multiple e-payment wallets like Skrill, Neteller and FasaPay. However, some of these options may incur fees for deposits and withdrawals.
TMGM is an established online broker with many benefits and is licensed by reliable regulators worldwide. It offers a non-dealing trading environment with plenty of educational content, while its Trading Central software boasts an impressive suite of third-party tools designed to boost research capacity. TMGM may have some drawbacks, but overall the platform remains trustworthy and reliable.
Account opening and login
TMGM is an elite forex broker that provides an expansive selection of trading instruments and features. Its platform is completely customizable, while its fees are transparent.
Furthermore, TMGM’s account opening process is fast and effortless. Simply choose your account type and base currency before providing identity verification documents.
Once registered, you will receive a welcome email. Afterwards, log in using your username and password.
TMGM provides a range of deposit and withdrawal methods, such as bank transfers, credit cards and electronic wallets. While bank transfers may take a few business days to complete, payment with credit card is instantaneous.
Education
TMGM is a forex and CFD broker that has earned rave reviews from customers. It provides quality customer support via email, live chat, and international phone calls, as well as having its own learning center called TMGM Academy with three stages tailored towards beginner, intermediate, and advanced traders.
Newcomers to online trading can find a wealth of articles and lectures on their broker’s website. These cover fundamental analysis, technical analysis, as well as various financial instruments and trading products.
Additionally, TMGM provides trading ideas through Trading Central, a third-party research provider. These suggestions are based on technical analysis and cover a wide range of FX pairs.
Customer service
TMGM provides customer support via live chat, phone and email. Their staff is available 24 hours a day in 10 languages and responsive to queries.
Traders can access the broker’s client portal, which enables them to view their trades and equity from any device at any time. This feature is especially convenient for those with hectic schedules.
TMGM is an Australian CFDs broker that provides a broad selection of products, an easy-to-use user interface and knowledgeable customer support. It has earned itself a solid reputation due to its top tier licenses from AISC and FMA that permit it to operate under transparent trading conditions.
Demo account
TMGM provides a demo account, which is beneficial to both novice and experienced traders alike. With the demo account, traders can practice trading strategies before placing real money bets.
Furthermore, the broker provides several safety measures such as an account that is ‘pooled’ and segregates client funds from company funds. This prevents unauthorized use of funds.
The website also provides an educational section that clarifies common trader terms and helps users hone their skills. Here, traders can find courses tailored to different experience levels as well as webinars and private 1v1 VIP classes.
TMGM offers various ways to deposit and withdraw funds, such as bank transfers, credit cards, and electronic wallets. Withdrawing money is usually quick and effortless with TMGM’s fees being relatively low compared to other brokers’. However, it may charge an inactivity fee if you don’t trade for more than six months.