| TMGM is a prominent online trading broker, providing access to a wide array of markets including forex, indices, commodities, and shares. Renowned for its innovative technology, competitive spreads, and exceptional client support, TMGM caters to traders of all levels>> TMGM Official Website << |
| Found Year | 2013, became TMGM Group in 2018 | |
| Company Name | Trademax Global Markets (TMGM) | |
| Regulation | ASIC (Australia), FMA (New Zealand), and VFSC (Vanuatu) | |
| Trade Platforms | MetaTrader 4, MetaTrader 5, Iress, HubX | |
| Minimum Account Size | $100 | |
| Max Leverage | 1:30 (ASIC), 1:500 (Outside Australia) for Forex | |
| Payment Options | Debit/Credit card, Wire transfers, Online Payments (Skrill, Wise, Revolut, Neteller, UnionPay, STICPAY, FasaPay) | |
| Customer Support | Email, Phone, Live Chat | |
| Official Website | https://www.tmgm.com |
TMGM Introduction
TMGM (TradeMax Global Markets) is an Australian-based broker established in 2013. It's regulated by several top-tier authorities, including ASIC (Australia), FMA (New Zealand), FSC (Mauritius), and VFSC (Vanuatu). This regulation provides a level of trust and safety for traders using their services.
Trading Platforms
TMGM offers the popular MetaTrader 4 (MT4) and MetaTrader 5 (MT5) platforms, both known for their user-friendliness and advanced features. These platforms support various trading functions, such as one-click trading, extensive charting tools, and automated trading with Expert Advisors. MT4 and MT5 are available as web platforms and mobile apps, offering flexibility and convenience for trading on the go.
In addition to MT4 and MT5, TMGM also provides IRESS Viewpoint, a next-generation platform known for its comprehensive analysis tools and customizable workspace. This platform is particularly suited for institutional-grade trading and offers Direct Market Access (DMA) trading. TMGM has also developed its proprietary platform, HubX, designed for fund managers and clients with advanced trading needs.
Account Types
TMGM offers several account types to cater to various trader profiles. These include the Classic account, which has no commissions but starts with spreads from 1 pip, and the Edge account, which offers ECN execution with raw spreads starting from 0.0 pips but incurs a commission fee. Additionally, they offer an Islamic (swap-free) account and demo accounts for beginners or those wishing to test the platform without risking real funds.
Trading Instruments and Fees
TMGM provides access to a wide range of trading instruments, including forex, CFDs on metals, indices, energies, commodities, stocks and shares, and cryptocurrencies. The broker is known for its low forex fees and does not charge a withdrawal fee. However, an inactivity fee is applied if no trading activity occurs for more than six months.
Security and Client Fund Management
TMGM prioritizes the safety of client funds, which are kept separate from the company’s funds in the National Australian Bank (NAB). This separation offers an added layer of security for traders’ investments.
Research and Education
TMGM offers educational resources and tools like Trading Central for market analysis and trade ideas. They also provide a trading academy with various learning articles and guides, although these resources may not be as extensive as some other brokers.
Overall, TMGM is known for offering a robust trading environment with a variety of platforms and account types, catering to both retail and institutional traders. Their regulation and commitment to client fund safety make them a reputable choice in the forex and CFD trading market.
