TMGM is an Australia-based trading broker that was launched in 2018. They provide traders with the MetaTrader, Iress and HubX trading platforms for trading multiple assets, such as forex currency pairs, commodities, indices, and CFDs. The broker implements the ECN execution model with a leverage of up to 1:500 and provides enhanced execution speeds with deep liquidity. TMGM has a highly professional and independent technical team and offers a selection of account types with a required minimum deposit of $100.
TMGM Review Introduction
In this TMGM review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
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TMGM Platforms & Tools
The broker provides its clients with the intuitive and powerful MetaTrader, Iress and HubX trading platforms. The MetaTrader trading platform is very popular and provides traders with live price feeds, technical charts, analytical tools, and up-to-date financial news to keep traders aware of market happenings.
TMGM provides the MetaTrader 4 trading platform in the following versions: a desktop application for Windows and Mac computers; Web platform that gives access to trade directly through most modern web browsers and operating without needing to download or install any additional software, and as a mobile app, which is designed doe mobile devices running on Android and iOS; it enables traders to trade from anywhere and at any time.
Traders can get access to a range of useful trading tools in addition to those built into the trading platforms. They include the Free VPS & MAMM Service, Dedicated Account Manager, and VIP Desk.
TMGM Research & Education
There are currently no educational resources on the brokers website. It would be good if they could add some trading guides and market analysis to help traders improve their knowledge.
TMGM Trading Accounts
The broker offers clients a variety of different trading accounts that are aimed at suiting each trader’s individual trading needs and strategies. There is a commission free account that has marked up spreads or there is an account with a commission charge of $7 but raw spreads from 0 pips. The minimum deposit requried is $100 wheres leverage of up to 1:500 is available.
TMGM Account Funding
TMGM accepts the following payment methods as the available account funding and withdrawal options: Bank Transfer, Credit/Debit Cards, RMB Direct pay, POLi, Neteller, Skrill, UnionPay, Fasapay and Sticpay. The broker does not accept third-party payments. The time taken to process transactions varies with the payment method used.
TMGM Customer Service
A knowledgeable customer support team is available to assist traders; they can be reached via telephone, email, and online live chat. There is also a frequently asked questions section on the broker’s website, which gives quick answers to clients’ common questions.
TMGM Global Limited is a financial services company that is regulated by Vanuatu Financial Services Commission (VFSC), with license number 40356. However, the TMGM Australia Pty is authorized by Australia Security and Investment Commission (ASIC) with an Australian Financial Services license, 436416.
TMGM Review Summary
TMGM is an ECN broker that offers online trading on multiple tradable assets through multiple trading platforms. They provide a range of useful trading tools along with a knowledgeable customer support team.
It is worth mentioning that some of the trading products and services in this TMGM review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the TMGM broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.