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TMGM Review
Overall rating
4.4/5
Minimum deposit
$100
EUR/USD spread
Varies
Use this review to validate safety, fees, platform fit, and where this broker falls short.
Written by
Rina Santos
Fact Checked by
David Okonjo
Updated
Jul 12, 2026
Is TMGM a good broker?
Sources & References
- BrokerAnalysis ranking methodology— BrokerAnalysis
- BrokerAnalysis data sources— BrokerAnalysis
- BrokerAnalysis editorial policy— BrokerAnalysis
Should you choose TMGM?
Use this short answer before you dive into the full review.
Best for
Hubx (Fund Management)
Not ideal for
IRESS platform has monthly fees
Top alternatives to compare
Why Trust BrokerAnalysis?
We test brokers with real money. Our reviews are based on data, not payments. Learn more
Trust Score: 88/100
Based on regulatory status, company history, and financial transparency
TMGM Score Breakdown
- Official Open Sponsor
- High Leverage (Intl)
- IRESS Platform
- Hubx Integration
Founded
2013
Headquarters
Sydney, Australia
Why choose TMGM
TMGM (Trademax Global Markets) is a high-growth broker known for its lightning-fast execution and prestigious partnership with the Australian Open (2026).
Pros
- Very competitive spreads
- Strong ASIC regulation
- Excellent IRESS platform for stocks
Cons
- IRESS platform has monthly fees
- Education section is basic
TMGM
Fast decision summary
Popular choice
Min Deposit: | $50 |
Regulated: | Yes |
Inactivity Fee:
No inactivity fee is published in our current broker dataset.
See how the best brokers compare to TMGM
TMGM offers low costs, particularly on its Edge account. Stock CFDs on IRESS are priced competitively.
| Instrument | Standard | Raw/Pro |
|---|---|---|
| EUR/USD | 1.2 pips | 0.0 pips ($7 comm) |
| GBP/USD | 1.5 pips | 0.2 pips |
| USD/JPY | 1.1 pips | 0.1 pips |
| S&P 500 | 0.5 pts | 0.3 pts |
| Gold | 0.20 | 0.10 |
Inactivity
$10/mo after 6m
Withdrawal
Free (mostly)
Non-trading fees
Inactivity fee
No inactivity fee is published in our current broker dataset.
Fees may vary depending on account type and jurisdiction. We aim to keep this data updated regularly.
TMGM is regulated by ASIC (Australia), FMA (NZ), and VFSC (Vanuatu), a strong combination.
Regulatory Status
| Regulator | Country | Tier |
|---|---|---|
| ASIC | Australia | 1 |
| FMA | New Zealand | 2 |
| VFSC | Vanuatu | 3 |
| FSC | Mauritius | 3 |
Safety Features
| Segregated Accounts | Yes |
| Negative Balance Protection | Yes |
| Investor Protection | Professional Indemnity Insurance (up to A$10M). |
Compare TMGM with top alternatives
Use the side-by-side comparison tool once you have checked fees and safety.
Fast and mostly free. Bank wires can take a few days.
Deposit Options
| Method | Processing Time | Fee | Min. Deposit |
|---|---|---|---|
| Visa/Mastercard | Instant | Free | $100 |
| Skrill/Neteller | Instant | Free | $100 |
| Bank Wire | 1-3 Days | Free | $100 |
Withdrawal Options
| Method | Processing Time | Fee | Min. Withdrawal |
|---|---|---|---|
| Any Method | 1 Day | Free | $100 |
Base Currencies
USD, EUR, AUD, NZD, CAD
Digital and quick. Requires ID and Proof of Address.
Account Types
| Account Type | Min. Deposit | Key Features |
|---|---|---|
| Classic | $100 |
|
| Edge | $100 |
|
| IRESS | $5000 |
|
TMGM uses the standard MT4/MT5 apps but has a proprietary client portal app.
App Features
- Account Management
- Funding
- MT4 Bridge
MT4, MT5 and IRESS (for stocks).
Supported Platforms
- MetaTrader 4/5: Standard Forex/CFD trading.
- IRESS: Institutional grade stock trading.
Compare platform providers:
TMGM offers a massive range of over 12,000 instruments, largely driven by the IRESS platform which provides DMA access to global stocks. Forex and CFD selection is also strong with 60+ pairs and major cryptos.
Available Instruments
| Forex Pairs | 60 |
| Indices | 15 |
| Stocks | 12000 |
| Commodities | 10 |
| Cryptos | 15 |
Leverage Limits
| Instrument | Max Leverage |
|---|---|
| Forex | 1:500 (ASIC Pro/VFSC), 30:1 (Retail) |
| Indices | 100:1 |
| Stocks | 20:1 |
| Crypto | 5:1 |
Got Questions?
Engage with our growing community of traders and investors like you to find your answers.
Frequently Asked Questions
Review Team
Why Traders Shortlist TMGM
Key points from our latest editorial review and testing process.
- Official Open Sponsor
- High Leverage (Intl)
- IRESS Platform
- Hubx Integration
Compare TMGM before you commit
If this broker looks close but not perfect, compare it against the strongest alternatives first.
Compare AlternativesWhy this review is trustworthy
- Freshness dates and fact-checking are shown on the page.
- Broker scoring follows our public methodology and disclosure standards.
- Country-specific differences still matter, so compare the exact entity before you deposit.
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Our Verdict
TMGM is recommended for Hubx (Fund Management)
Use this final check alongside the fee, safety, platform, and funding sections above. If TMGM still fits your country, account size, and risk tolerance, open the account through the tracked broker route below.
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Risk Warning: Forex/CFD trading involves significant risk. 68-80% of retail accounts lose money.|Affiliate Disclosure: We may earn commissions from listed partners.|Not Advice: For educational purposes only.
Broker terms can differ by region and entity, but this review shows the most recent figures captured in our research workflow.Methodology |Editorial Policy |Data Sources |Full Disclaimer