TMGM 2024 Broker Review
Recommended for
- Any forex or CFD traders in EU, AU, SA, etc.
Trust Level: Very High
- Licensed and regulated by ASIC (Australia), VFSC Vanuatu (Vanuatu), and FMA (New Zealand),
- In business since 2013
Popularity
561 people visited this broker using ForexBrokerTalk within the last 6 months
Introduction To TMGM
TMGM, established in 2013 and headquartered in Sydney, Australia, stands out in the forex market for its credibility and extensive brand presence. This multi-regulated broker, authorized by ASIC (Australia), VFSC Vanuatu (Vanuatu), and FMA New Zealand (New Zealand), offers a range of account types suitable for various trading styles. With competitive fees, fast order execution, and a choice between the renowned MetaTrader 4 and the advanced IRESS platform, TMGM caters to both high-frequency and high-volume traders.
However, TMGM does have some limitations, including a high inactivity fee and a lack of ETFs or options trading. While their educational content is somewhat limited, which might be a drawback for beginners, the broker excels in customer support, providing efficient and reliable assistance. Overall, TMGM is a strong option for traders in the Forex market, offering a blend of transparent trading conditions, diverse account types, and robust platform options.
$100
Minimum Deposit
$3.50
FX Commission
(per lot)
Yes
Free Demo Account
Yes
Inactivity fee
(see below)
Pros
Well regulated
In business since 2013
Different account choices
Cons
High inactivity fee
Limited educational & learning content
Review Video:
Coming soon!
TMGM Quick Facts
Country Headquarters
Australia
Instruments Offered
Forex, Metal, Stock Indices, Crypto
Base Account Currency
AUD, EUR, CAD, GBP, NZD, and USD
Minimum Deposit
$100
Withdrawal Fee
$0
Account Verification Time
1 Business Day
Deposit Options
Card, bank wire, PayPal, PayID, Revolutwise
Accepts crypto deposit
No
Trading Platforms
MetaTrader 4 & iRess
Demo Accounts
Yes
VPS Offered
Yes
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4.3 / 5
ForexBrokerTalk Final Score
TMGM is a highly regulated broker, that’s been in the industry for a while. We have found that they are competitive broker, and bring an attractive offering for traders. We think this broker would make a great choice for most forex and CFD traders.