【2025 TMGM Review】Is TMGM a Scam? Comprehensive Guide to Products and Platform Pros and Cons

Looking for the most comprehensive TMGM review in 2025? This article provides an in-depth analysis of TMGM’s dual regulation security by ASIC and FMA, compares the spread costs of ECN and STD accounts, and reveals the real pros and cons of its 12,000+ products and exclusive trading platforms. A must-read before opening an account to help you make an informed decision.
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This website uses AI-assisted translation. If you have any feedback or suggestions, feel free to contact us. We look forward to receiving your valuable feedback! [email protected]

TMGM Company Introduction Official Website Link 

TMGM (TradeMax Global Markets) is a globally recognized CFD broker that has rapidly risen in the industry since its establishment in 2013, known for its excellent technology and extensive trading instrument library. TMGM offers over 12,000 financial products, covering Forex, Index, Stocks, Commodities, and Cryptocurrency, meeting the diverse needs of traders worldwide.

With its strong regulatory background, competitive ECN Account spreads, and support for multiple platforms (including MT4, MT5, and IRESS), TMGM is committed to providing top-tier trading experience and customer service to both retail and institutional clients.

TMGM Quick Overview 

Item  Details 
Year Established 2013
Headquarters Sydney, Australia
Main Regulators ASIC, FMA, VFSC
Market Instruments 12,000+ (Forex, Stocks, Index, instruments, etc.)
Min. Deposit 50 USD
Max Leverage Up to 1000:1
Main Platforms MT4, MT5, IRESS, TMGM App
Demo Account Yes (virtual funds provided)
Customer Support 24/7 Online Customer Service

Pros and Cons 

Pros  Cons 
  • Regulated by multiple authoritative bodies (ASIC, FMA)
  • Offers over 12,000 trading products
  • Competitive ECN Account spreads
  • Supports MT4, MT5, and professional IRESS platform
  • 24/7 multilingual customer service
  • Offshore entity leverage is high but carries higher risk
  • Service regions are limited (does not accept US clients)

Is TMGM Legal? 

Yes, TMGM operates under a strict regulatory framework and holds multiple top global and offshore financial licenses, ensuring the legality of its operations and the security of client funds.

Regulator  Regulated Entity  Status/Type 
ASIC (Australia) TRADEMAX AUSTRALIA LIMITED Regulated (AFSL 436416)
FMA (New Zealand) Trademax Global (NZ) Limited Regulated (FSP 569807)
VFSC (Vanuatu) Trademax Global Limited Offshore Regulated (40356)

Market Instruments 

TMGM offers an extremely rich selection of trading options and is one of the brokers with the most comprehensive product offerings in the market.

Tradable Assets  Supported 
Forex Yes
Stock CFD Yes
Index Yes
Precious Metals Yes
Commodities Yes
Cryptocurrency Yes
ETF Yes

Account Types and Fees 

TMGM offers three core account types to meet the needs of different traders. All accounts can apply for an Islamic Account with no overnight interest.

Account Type  Min. Deposit  Spread and Commission 
Raw07 50 Spread from 0.0 pips, commission per lot 7
Pro 50 Spread from 1.0 pips, no commission
STD 50 Depends on platform and product
Note: The Raw07 account is TMGM’s main ECN account, offering raw spreads, suitable for traders sensitive to trading costs.

Trading Platforms 

TMGM supports multiple powerful trading platforms to meet the needs of beginners to professional institutions.

Trading Platform  Supported 
MetaTrader 4 (MT4) Yes
MetaTrader 5 (MT5) Yes
IRESS Yes
TMGM App Yes
Copy Trading Yes
Demo Trading Yes

Deposits and Withdrawals 

TMGM offers multiple free and convenient deposit and withdrawal methods. The min. deposit and withdrawal amount is usually 100 USD.

  • Credit/Debit Cards: Visa, MasterCard
  • E-wallets: Skrill, Neteller, FasaPay, STICPAY
  • Bank Wire Transfer: International bank transfers
  • Other Methods: UnionPay, PayTR, Wise, and other regional payment options

Note: Processing times and supported currencies vary by payment method. It is recommended to log in to the client portal to view the most accurate payment options for your region.

Education and Tools 

TMGM provides abundant learning resources to help traders at all levels grow.

Resource Type  Available 
TMGM Academy Yes
Market Analysis and News Yes
Economic Calendar Yes
VPS Service Yes
Trading Calculator Yes

Conclusion Official Website Link 

Overall, TMGM is a broker with comprehensive products, reliable regulation, and advanced technology. Its offering of over 12,000 trading instruments and support for the IRESS platform make it stand out among many brokers, especially suitable for investors seeking one-stop trading of global markets. Whether you are a day trader pursuing low spreads or an investor focusing on Stock CFDs, TMGM provides suitable solutions.

Frequently Asked Questions (FAQ) 

Question  Answer 
What regulations does TMGM have? It is regulated by Australia’s ASIC, New Zealand’s FMA, and Vanuatu’s VFSC.
Does TMGM accept US clients? No. Its services are not available to US residents.
What is TMGM’s minimum deposit? The minimum initial deposit for MT4/MT5 accounts is 50 USD; for IRESS accounts, it is 5,000 USD.
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