TMGM review
Regulation, trading conditions, fees, platforms and user experiences
Also known as Trademax
Editorial review updated 3 November 2026 · Broker data checked 3 November 2026
- Editorial score
- 8.4/10How we scored TMGM
- User rating
- No user ratings yet
- Regulatory status
- ASICVFSC (Vanuatu)FSA (Seychelles)FSC (Mauritius)
- Country
- Australia
- Established
- Established 2013
- Website
- tmgm.com
TMGM is a forex and CFD broker associated with Australia. This profile reviews its regulatory records, trading conditions, platforms, fees and available user reports.
TMGM is workable, with clear compromises. Regulated by ASIC (AFSL 436416); VFSC (40356); Seychelles FSA (SD224); Mauritius FSC (GB22201012), offering MetaTrader 4, MetaTrader 5, TMGM App.
TMGM at a glance
- Broker name
- TMGM
- Established
- 2013
- Headquarters
- Sydney, Australia
- Legal entities
- Trademax Australia Limited
- Regulatory status
- Regulated
- Minimum deposit
- $100
- Maximum leverage
- 1:1000
- Trading platforms
- MetaTrader 4, MetaTrader 5, Proprietary platform
- Markets offered
- Forex, Metals, Commodities, Indices, Shares, Cryptocurrency CFDs
- Account types
- EDGE, CLASSIC, Islamic/Swap-Free, Demo
- Demo account
- Available
- Islamic account
- Available
- Customer support
- Live chat, email, phone, 24/7
- Official website
- tmgm.com
Our view of TMGM
TMGM stands out for an ASIC licence, raw spreads from 0.0 pips, MetaTrader 4 and 5 and copy trading. The main issues to consider are no compensation scheme and an inactivity fee. Its suitability depends on the legal entity available in your country, the protection attached to that entity and whether its pricing and platform range match how you intend to trade.
Who TMGM may suit
TMGM may suit traders looking for a tier-one licence behind the account, raw spreads with a commission, copy trading and automated strategies.
Who should consider alternatives
Consider alternatives if you require a compensation scheme, stronger regulatory protection or account terms that are not available through your local entity.
What stands out
- An ASIC licence
- Raw spreads from 0.0 pips
- MetaTrader 4 and 5
- Copy trading
- Automated trading support
- API access
- Negative balance protection
- A wide range of markets
What to consider
- No compensation scheme
- An inactivity fee
What traders report about TMGM
There are not enough eligible ratings to publish an aggregate user rating for TMGM.
- Open cases
- 0
- Broker responded
- 0
- Resolved
- 0
- Unresolved
- 0
Community metrics describe the published dataset and do not establish that every client will have the same experience.
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How TMGM scored
The editorial score is calculated from the broker information and assessment criteria described in our scoring methodology. It is separate from user ratings and sponsored placement.
Category scores may be unavailable where there is not enough reliable information. The overall score should not be treated as a guarantee of safety, performance or suitability.
Read the full editorial reviewCompare TMGM with other brokers