0123456789
.
0123456789
0123456789
/10

Score

TMGM

Australia10-15 years
Regulated in AustraliaStocks0 Commission

https://www.tmgm.com/en

Website

Time Machine

Rating Index

Brokerage Appraisal

Influence

AA

Influence Index NO.1

coverIndonesia

Products

8

Securities Lending Fully Paid、Margin Loans、Bonds & Fixed Income、Futures、Investment Advisory Service、Stocks、ETFs、Mutual Funds

Surpassed 74.88% brokers

Biz AreaSearch StatisticsAdvertisingSocial Media Index
2 8036 8388
support@tmgm.com.au
https://www.tmgm.com/en
level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.
https://www.facebook.com/TMGMgroup
https://twitter.com/TMGMgroup
https://www.linkedin.com/company/tmgmgroup

Securities license

Obtain 1 securities license(s)

ASICRegulated

AustraliaSecurities Trading License

Brokerage Information

More

Company Name

Trademax Australia Limited

Company Abbreviation

TMGM

Platform registered country and region

Australia

Phone of the company

2 8036 8388

Company address

level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia.
151 Queen Street, Auckland CBD, Auckland 1010, New Zealand.

Check whenever you want

WikiStock APP

Internet Gene

Gene Index

0
020406080100
The gene index is Poor, worse than 0% of brokerage firms.

APP Rating

0
01.02.03.04.05.0
The APP rating is Poor, worse than 0% of peers.

Features of Brokerages

Commission Rate

0%

Minimum Deposit

$100

Margin Trading

YES

Long-Short Equity

YES

Pros and Cons

Pros

Low forex fees

Easy and fast account opening

Free deposit and withdrawal

VS

Cons

Slim product portfolio

Educational videos are missing

Inactivity fee

Company Profile

TMGM
TMGM
WikiStock ⭐⭐⭐
Account Minimum $100
Fees Free Funding Fees.Commissions:$3.5 for EDGE Account
Interests on uninvested cash 5.00%
Margin Interest Rates 9%
Mutual Funds Offered Forex,Shares,Precious Metals,Energies,Cryptocurrencies,Indices,Product Schedule (ASIC),Indices CFD Dividends,Shares CFD Dividends
App/Platform Meta Trader 4,Meta Trader 5, iRESS

What is TMGM?

  TMGM provides a diverse range of mutual funds including Hong Kong stocks, bonds, Shanghai A shares, various funds, and private equity funds, attracting investors looking for broad investment opportunities.

  However, the margin interest rate of 20% is a drawback for those frequently engaging in leveraged trading.

What is TMGM?

Pros & Cons

Pros Cons
Multiple Tradable Assets(Over 12,000+ assets) No Specific Fee Structure
Regulated by ASIC No Promotion For Users
Famous Trading Platform(MT4 and MT5) High Minimum Deposit as $100
24/7 Customer Service Commissions for $3.5 in EDGE Account
Various Trading Tools
Live And Demo Account Available

  Pros:

  TMGM offers multiple advantages, including over 12,000 tradable assets, ASIC regulation, and support for popular trading platforms like Meta Trader 4 and 5. The platform provides 24/7 customer service, various trading tools, and both live and demo accounts.

  Cons:

  However, TMGM has some drawbacks, such as no specific fee structure, no user promotions, and a high minimum deposit of $100. Additionally, the EDGE account has a commission of $3.5.

Is TMGM Safe?

  •   Regulations:

    •   TMGM is regulated by the Australian Securities and Investments Commission (ASIC) with License No. 436416. This regulatory oversight ensures that TMGM adheres to stringent guidelines that protect investors and maintain market integrity.

    • Regulations
      •   Funds Safety:

        •   TMGM prioritizes the safety of client funds by not accepting third-party deposits and withdrawals. All transactions undergo thorough compliance checks and must adhere to AML regulations, ensuring that the handling of funds meets all legal standards.

          •   Safety Measures:

            •   TMGM has implemented several safety measures to protect client assets and transactions:

              •   Deposits and withdrawals are verified to confirm the depositors identity and legitimacy of funds.

              •   Suspicious transactions are rejected, and the company reserves the right to return funds to the source if they suspect any discrepancies.

              •   Clients are reminded not to hand over their money to third parties for depositing on their behalf, reducing the risk of fraud.

              •   Detailed and timely communication with clients is maintained through deposit confirmation procedures and customer service hotlines, ensuring transparency and security in all transactions.

              Safety Measures

              What are securities to trade with TMGM?

                TMGM offers a wide range of securities for trading, providing access to global markets:

              •   Forex: TMGM provides access to the largest and most liquid market in the world, the Forex market, which has a daily trade volume exceeding $6.5 trillion. Traders can choose from 50 currency pairs with leverage up to 1:30, benefiting from tight spreads starting from 0.0 pips. The Forex market operates 24 hours a day, 5 days a week, accommodating traders from all over the globe and ensuring continuous trading opportunities.

              • Forex
                •   Shares: TMGM offers trading on over 12,000 shares across the world's largest markets, allowing traders to gain full exposure to the movement of stock prices with a relatively small initial deposit. This is facilitated through CFDs on shares, enabling traders to earn dividends on their stocks. Trading can be conducted on the widely-used Meta Trader 4 and IRESS platforms, providing robust tools for effective share trading.

                • Shares
                  •   Precious Metals: Trading precious metals like gold, silver, and platinum is a popular way to diversify an investment portfolio. TMGM offers leverage up to 1:20 for these assets, which are often considered 'safe-haven' investments. Precious metals tend to rise in appeal during times of market uncertainty and volatility, making them an attractive option for investors looking to hedge against economic instability.

                    • Precious Metals
                    •   Energies: TMGM enables trading in energy commodities such as oil, which is a valuable addition to a diversified portfolio. Traders can leverage up to 1:10, allowing them to gain significant market exposure without the need to purchase the physical product outright. This makes trading energies an efficient way to participate in the commodities market and potentially benefit from price movements.

                    • Energies
                      •   Cryptocurrencies: With TMGM, traders can engage in the fast-growing cryptocurrency market without the need for a digital wallet. Popular cryptocurrencies can be traded on margin from the familiar Meta Trader 4 platform, with the option to automate trading strategies. This simplifies the process and opens up opportunities for trading digital assets in a regulated environment.

                      • Cryptocurrencies
                        •   Indices: TMGM offers the ability to trade CFDs on over 15 global indices, providing exposure to the performance of various stock markets around the world. Traders can leverage up to 1:20 and enjoy trading with no commissions. This allows investors to speculate on broader market movements and gain insights into the economic health of different countries.

                        • Indices

                          TMGM Account

                            TMGM provides 2 account types for users.Additionally, both accounts also offer corresponding demo accounts.

                            The EDGE Account at TMGM offers variable spreads, commission per lot, low minimum deposit, small lot size, high leverage, free funding, and ECN execution. It includes features like Expert Advisors (EAs), an Islamic account option, hedging, and no minimum stop loss distance, with access to a wide range of markets.

                            The CLASSIC Account at TMGM provides variable spreads, no commissions, low minimum deposit, small lot size, high leverage, free funding, and ECN execution. It also supports EAs, an Islamic account option, hedging, and no minimum stop loss distance, offering access to a broad selection of markets.

                          TMGM Account

                          TMGM Fees Review

                            TMGM offers a competitive fee structure with detailed specifics for each account type.

                            The EDGE account provides variable spreads, and the CLASSIC account also offers variable spreads, though the specifics differ between the two. Commissions are charged per lot for the EDGE account, while the CLASSIC account has no commissions. Both account types require a minimum deposit to start trading.

                            Additionally, TMGM does not charge any fees for deposits or withdrawals for either account type, making it convenient for users to manage their funds. Both accounts offer leverage, providing traders with the flexibility to amplify their positions. The minimum lot size is the same for both accounts, allowing traders to start with smaller positions if desired.

                          Fee Type EDGE Account CLASSIC Account
                          Spreads From 0.0 pips From 1.0 pips
                          Commissions $3.5 per lot per side (total $7.0) No commissions
                          Minimum Deposit 100 100
                          Funding Fees Free Free
                          Withdrawal Fees Free Free
                          Leverage Up to 1:30 Up to 1:30
                          Minimum Lot Size 0.01 lot 0.01 lot
                          TMGM Fees Review

                          TMGM App Review

                            TMGM offers 3 famous trading platforms to meet different trading styles and needs:

                            MetaTrader 4 (MT4) is the industry standard platform, perfect for both discretionary and algorithmic traders. It is available on mobile, tablet, desktop, and Mac, offering flexibility and convenience for traders whether they are on the go or at their desk.

                          MetaTrader 4 (MT4)

                            MetaTrader 5 (MT5) builds on the reputation of MT4, providing additional trading timeframes, greater order flexibility, and faster strategy testing speeds. It is ideal for traders seeking advanced features and enhanced trading performance.

                          MetaTrader 5 (MT5)

                            iRESS is a next-generation, web-based trading platform designed for modern trading needs. It offers an advanced and user-friendly interface, making it suitable for efficient trading and various market analysis.

                          iRESS

                          Research & Education

                            TMGM provides a variety of trading tools to enhance the trading experience:

                          •   Trading Academy: TMGMs Trading Academy offers a huge range of educational materials and courses tailored to enhance the trading knowledge and skills of both novice and experienced traders. The academy covers various aspects of trading, from basic concepts and terminologies to advanced strategies and techniques, ensuring traders have the necessary tools and understanding to succeed in the markets.

                          •   Daily Fundamental Analysis: TMGM provides regular updates and insights through its Daily Fundamental Analysis service. This includes in-depth analysis of market trends, economic events, and geopolitical developments that can impact trading. By staying informed with these updates, traders can make well-informed decisions based on the latest fundamental data, enhancing their ability to anticipate market movements and trends.

                          • Research & Education

                            Trading Tools

                            •   HUBx:HUBx is TMGMs advanced trading platform feature designed to provide an efficient trading experience. It integrates various trading functionalities and tools into a single interface, allowing traders to manage their trades, monitor the markets, and execute orders with ease.

                            •   Signal Trading:TMGM offers Signal Trading tools and services that provide trade signals to guide traders in making informed decisions. These signals are generated by experienced analysts and automated systems, offering insights into potential trading opportunities based on technical and fundamental analysis.

                            •   ForexVPS:ForexVPS is a Virtual Private Server service provided by TMGM to ensure uninterrupted trading operations. This service is especially beneficial for traders who use automated trading systems, as it provides a stable and fast connection to the trading servers, reducing latency and the risk of downtime.

                            •   Trading Calendar:TMGMs Trading Calendar is a useful resource that lists all important trading events, economic releases, and key dates that can affect the markets. Traders can use this calendar to stay informed about upcoming events and plan their trading strategies accordingly.

                            •   Market Sentiment Tool:The Market Sentiment Tool offered by TMGM provides insights into the prevailing market sentiment, helping traders gauge the mood of the market. This tool can be invaluable in understanding the collective behavior of traders and anticipating potential market movements based on sentiment analysis.

                            •   Traders Terminology:TMGM provides a glossary of trading terms through its Traders Terminology resource. This glossary helps traders familiarize themselves with the language of the market, ensuring they can understand and communicate effectively within the trading community.

                            •   Acuity:Acuity is a set of tools provided by TMGM that offer additional market analysis and insights. These tools use advanced algorithms and data analysis techniques to provide traders with valuable information that can aid in making more informed trading decisions.

                            •   Trading Central:Trading Central is a resource that offers technical analysis and trading strategies to TMGM clients. It provides detailed charts, indicators, and trading signals that help traders identify potential trading opportunities and develop effective trading strategies.

                            •   Trading Calculator:TMGMs Trading Calculator is a useful tool that helps traders calculate potential profits, losses, and margin requirements for their trades. By using this calculator, traders can better manage their risk and make more informed decisions about their trades.

                            • Trading Tools

                              Customer Service

                                TMGM provides efficient customer support to address various needs and inquiries. The support team is available 24/7, ensuring that assistance is always at hand, regardless of the time or day.

                              Support Type Email Phone
                              Client Support support@tmgm.com +61 2 8036 8388
                              Account Opening support@tmgm.com +61 2 8036 8388
                              General Inquiries support@tmgm.com +61 2 8036 8388
                              Marketing marketing@tmgm.com +61 2 8036 8388
                              Careers careers@tmgm.com +61 2 8036 8388

                                Client Support is available 24/7 to assist with any trading-related inquiries. You can reach them via email at support@tmgm.com or by phone at +61 2 8036 8388, ensuring help is always at hand whenever needed.

                                Account opening assistance is provided around the clock to help new clients set up their trading accounts. Contact them via email at support@tmgm.com or by phone at +61 2 8036 8388 for support with the account registration process.

                                For General Inquiries, TMGM offers 24/7 support through the same contact points. Email support@tmgm.com or call +61 2 8036 8388 for any questions or information about their services.

                                The Marketing team is available to discuss promotional activities and marketing-related queries. They can be contacted at marketing@tmgm.com or by phone at +61 2 8036 8388, with support available 24/7.

                                For those interested in careers at TMGM, the HR team is available to answer any job-related questions. Reach out to them at careers@tmgm.com or by phone at +61 2 8036 8388, with support available 24/7.

                              Customer Service

                              Conclusion

                                TMGM is a trading platform offering a wide range of financial instruments including Forex, shares, precious metals, energies, cryptocurrencies, and indices.

                                With competitive fee structures, advanced trading tools, robust customer support, and educational resources, TMGM attracts both novice and experienced traders.

                                Regulated by ASIC, TMGM ensures a secure and transparent trading environment, making it a reliable choice for traders seeking diverse investment opportunities.

                              FAQs

                                Question: What types of accounts does TMGM offer?

                                Answer: TMGM offers EDGE and CLASSIC accounts.

                                Question: What trading platforms are available at TMGM?

                                Answer: TMGM offers MetaTrader 4, MetaTrader 5, and iRESS.

                                Question: How can I contact TMGM customer support?

                                Answer: Email support@tmgm.com or call +61 2 8036 8388, available 24/7.

                              Risk Warning

                                The information provided is based on WikiStock's expert evaluation of the brokerage's website data and is subject to change. Besides, online trading entails substantial risks, potentially leading to total loss of invested funds, so comprehending associated risks before engaging is crucial.

                                

Others

Registered region

Australia

Years in Business

10-15 years

Products

Securities Lending Fully Paid、Margin Loans、Bonds & Fixed Income、Futures、Investment Advisory Service、Stocks、ETFs、Mutual Funds

Review

0 ratings
Write a comment

No ratings