FXBrokerTrust
TMGM

TMGM

Compliant
Company Name
TMGM
Headquarters
Australia
Founded
Founded in 2013
  • ASIC
  • FSA
  • VFSC
Overall Score
8.0/10
Min Deposit
$100
Max Leverage
1:500
EUR/USD Spread
0.0 pips
Trading Platforms
MT4, MT5, IRESS
Withdrawal Speed
1-2 business days

Overview

TMGM is an Australian forex and CFD broker founded in 2013. Regulated by ASIC, FSA(Seychelles), and VFSC, TMGM is recognized for its IRESS trading platform, raw spreads from 0.0 pips on its Edge account, deep institutional liquidity, and ECN/STP execution with fast trade speeds.

Basic Information

Company Name
TMGM
Founded
Headquarters
Australia
Official Website
https://www.tmgm.com
Instruments
Forex, CFD, Shares, Indices, Commodities, Cryptocurrencies
Account Types
Standard, Edge

Regulation

Regulatory licenses and compliance status of this broker

  • ASICVerified

    ASIC · License Number AFSL 436416

  • FSAVerified

    FSA · License Number SD046

  • VFSCVerified

    VFSC · License Number 40312

Trading Conditions

Trading Conditions

Min Deposit
$100
Max Leverage
1:500
EUR/USD Spread
0.0 pips
Execution Type
ECN/STP
Trading Platforms
MT4, MT5, IRESS
Account Types
Standard, Edge

Deposits & Withdrawals

Deposit Methods

  • Bank Transfer
  • Credit/Debit Card
  • Skrill
  • Neteller
  • UnionPay
Deposit SpeedInstant
Deposit FeeFree

Withdrawal Methods

  • Bank Transfer
  • Credit/Debit Card
  • Skrill
  • Neteller
Withdrawal Speed1-2 business days
Withdrawal FeeFree

Scoring Details

Regulatory QualificationWeight 30%
8.0
Trading EnvironmentWeight 20%
8.3
Fund SafetyWeight 15%
7.8
User ReputationWeight 15%
8.0
Platform FeaturesWeight 10%
8.0
Customer ServiceWeight 10%
7.8

Pros & Cons

Pros

  • IRESS platform with direct market access to global exchanges
  • Raw spreads from 0.0 pips on Edge account
  • ASIC regulation with additional offshore licenses
  • Deep institutional-grade liquidity pool
  • Free VPS hosting for qualifying clients

Cons

  • Educational resources could be more comprehensive
  • Limited research and analysis tools
  • No proprietary trading platform
  • Customer support not available 24/7 on all channels
  • Product range narrower than some competitors