
TMGMVerified Regulation
- Min Deposit
- $100
- Max Leverage
- 1:500
MVP Expert Score
About TMGM
TMGM (formerly TradeMax) is an ASIC-regulated ECN forex and CFD broker, founded in 2013 and headquartered in Sydney, Australia. The broker holds regulatory licenses from the Australian Securities and Investments Commission (ASIC license 436416) and the New Zealand Financial Markets Authority (FMA license FSP64298), providing dual Australasian regulatory coverage. TMGM offers trading on over 1,200 instruments including forex, indices, commodities, shares, and cryptocurrencies. The broker is known for its ECN pricing model that aggregates liquidity from multiple tier-1 providers, delivering competitive spreads starting from 0.0 pips on the Edge account with a commission of $3.50 per lot per side. The Standard account features spreads from 1.0 pip with no commission. Platform support includes MetaTrader 4 (MT4), MetaTrader 5 (MT5), the IRESS platform for direct market access to global equities, and a mobile trading application. TMGM also offers Chinese language customer support, catering to the Asia-Pacific market. Account types include the Standard account (minimum deposit $100) and the Edge ECN account (minimum deposit $100), with swap-free Islamic accounts available on request. The IRESS platform provides access to over 10,000 global stocks and ETFs with competitive commission rates. TMGM is well-suited for intermediate traders in the Asia-Pacific region who seek ECN-grade execution with low trading costs, as well as traders who want to combine forex/CFD trading with direct equity market access through the IRESS platform. The broker's competitive pricing and dual regulation provide a solid foundation for serious trading activity.
Pros
- ASIC strict regulation
- ECN direct pricing
- Comprehensive Chinese support
- IRESS platform for share trading
Cons
- Limited brand recognition
- Limited product range
Account Types
| Account Type | EUR/USD Spread | Commission | Min Deposit |
|---|---|---|---|
| Edge | 1.0 pips | 无 | $100 |
| ClassicRecommend | 0.0 pips | $3.5/手 | $100 |
TMGM User Reviews(0)
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