TMGM

4.3Score
HeadquartersSydney, Australia
Founded2013
Tel
+61 2 8036 8388
Email
support@tmgm.com
Site
https://www.tmgm.com
Min Deposit100 USD
Max LevUp to 1:500
Regulators
ASIC, TMGM
Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
Payment systems
Bank Transfer, Credit/Debit Cards, Skrill, Neteller, and others
Highly regulated in Australia (ASIC)
Wide range of trading instruments
Multiple trading platforms (MT4, MT5, cTrader)
High leverage options (up to 1:500)
Competitive spreads

License Information

ASIC
Regulatory status
Authorised
License Number
436416
Regulatory country
Australia
Effective from
2013-05-12
Regulatory status
Authorised
License Number
40356
Regulatory country
Vanuatu
Effective from
2020-01-16
FSC
Regulatory status
Authorised
License Number
GB22201012
Regulatory country
Mauritius
Effective from
-

Account Type

Trading Platforms: MT4, MT5

Minimum Deposit: $100

Maximum Leverage: Up to 1:500

Minimum Trade Volume: 0.01 lots

Commission: None

Spread Type: Variable, starting from 0.0 pips

Account Currencies: USD, EUR, GBP, AUD

Trading Instruments: Forex, Commodities, Indices, Cryptocurrencies, Stocks, ETFs

  • Trading Platforms: MT4, MT5
  • Minimum Deposit: $100
  • Maximum Leverage: Up to 1:1000
  • Minimum Trade Volume: 0.01 lots
  • Stop Out Level: 40%
  • Commission: $7
  • Spread Type: Variable Spread
  • Account Currencies: CAD, NZD, ‎AUD, GBP, EUR, USD
  • Trading Instruments: Cryptocurrencies, Indices, Commodities, Forex/Currencies

Deposit

BankTransfer
Commission
0%
Exchange Rate
Current Exchange Rate
Processing Time
1 Working Day
Visa
Commission
0%
Exchange Rate
Current Exchange Rate
Processing Time
Instant
MasterCard
Commission
0%
Exchange Rate
Current Exchange Rate
Processing Time
Instant
Commission
0%
Exchange Rate
Current Exchange Rate
Processing Time
Instant
neteller
Commission
0%
Exchange Rate
Current Exchange Rate
Processing Time
Instant
skrill
Commission
0%
Exchange Rate
Current Exchange Rate
Processing Time
Instant
FasaPay
Commission
0%
Exchange Rate
Current Exchange Rate
Processing Time
1 Working Day

Withdrawal

BankTransfer
Commission
None (+ Intermediary Bank Charges)
Exchange Rate
Current Exchange Rate
Processing Time
3- 5 Working Day
neteller
Commission
0%
Exchange Rate
Current Exchange Rate
Processing Time
1 Working Day
skrill
Commission
0%
Exchange Rate
Current Exchange Rate
Processing Time
1 Working Day
Commission
0%
Exchange Rate
Current Exchange Rate
Processing Time
1 Working Day

Company and Service

HeadquartersSydney, Australia
Founded2013
Tel
+61 2 8036 8388
Email
support@tmgm.com
Site
https://www.tmgm.com
Min Deposit100 USD
Max LevUp to 1:500
Regulators
ASIC, TMGM
Trading Platforms
MetaTrader 4 (MT4), MetaTrader 5 (MT5), cTrader
Payment systems
Bank Transfer, Credit/Debit Cards, Skrill, Neteller, and others

Reviews

Average Rating: 4.3
Negative review

Not impressed with TMGM for crypto trading. The spreads are high, and the limited leverage makes it hard to generate decent returns. I also experienced slippage on a couple of trades, which added to my frustration. For crypto, there are better brokers out there.

Jake

Positive review

TMGM is great for long-term CFD trading. I’ve been trading indices like the S&P 500, and their spreads are very competitive. The overnight fees are reasonable too, which is important for my strategy. I’ve seen a steady 10% growth in my portfolio this year. My only complaint is that their platform interface could be more user-friendly, especially for desktop users

Investor

Positive review

TMGM’s educational resources are fantastic! I’m new to trading, and their webinars and tutorials have been super helpful. Their account setup process was quick, and the platform is easy to use even for beginners. I’ve started with small trades on AUD/USD and made a 5% profit in my first month. Highly recommended for those just getting started in trading

Sean Thompson

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