TMGM Review

TMGM is a regulated online broker that combines a transparent trading environment with the best pricing for clients to trade a huge selection of 12,000+ financial instruments across multiple asset classes including Forex, Stocks, Indices, Commodities and Cryptos. You get access to the powerful yet user-friendly MetaTrader and IRESS Viewpoint platforms for desktop, web and mobile devices.

Founded in 2018 and based in Australia, Trademax Global Markets (TMGM) implements the ECN execution model with some of the best trading conditions due to partnerships with top-tier liquidity providers that ensures deep liquidity. This means you can take advantage of tight spreads from just 0.0 pips and rapid trade execution speeds.

TMGM clients can choose leverage of up to 1:500 whilst the minimum deposit requirement is just $100 and it takes just a few minutes to sign up and begin trading online. They also provide demo accounts free of charge if you wish to practice trading online risk free with virtual funds. Once you feel confident enough, you can then switch over to a live account.

There is a variety of account types to meet the demands of different traders with more than 10+ convenient funding options for quick deposits and withdrawals, without any fees. A multi-lingual client support team are available 24/5 around the clock to help you with all your needs in a prompt and efficient manner.

TMGM ECN Brokerage Model
TMGM ECN Brokerage Model

Trademax Global Markets have a highly professional and independent technical team for around the clock support. The broker is powered by industry leading OneZero financial technology with state of the art Equinix data centres in New York NY4 and Tokyo TY3.

Utilizing OneZero’s cutting edge pricing engine to support multi-tiered best bid/ask aggregation, the smart order routing executes your orders on the best price available in the deep liquidity pool. This allows you to trade a wide range of markets at truly competitive rates.

If you are planning on using automated trading systems, TMGM have built the perfect environment for expert advisors (EAs) to thrive. They allow scalping, hedging, news trading and more, with no restrictions on trading strategies, no requotes and no minimum stop loss distance.

Markets

You can diversify your portfolio with instant access to a huge range of over 12,000 products across 7 asset classes. Whatever your hobbies and interests, there is bound to be something for everyone. You can trade CFDs on Forex, Cryptos, Futures, Indices, Metals, Energies, Stocks and Shares. TMGM have one of the greatest selections of financial instruments that I have seen from any forex broker.

  • 50+ Forex Pairs
  • 15+ Indices
  • 12,000+ Shares & ETFs
  • 5 Commodities
  • 5 Precious Metals
  • Popular Cryptos including Bitcoin & Ethereum

CFDs

Contracts for Differences or CFDs allow you to speculate on future price movements of the underlying asset, without actually owning the underlying asset. It is a tradable contract between you and the broker (TMGM in this instance), who are exchanging the difference in the current value of a financial derivative and its value at the contract’s end.

You can trade CFDs long (buy) or short (sell0. If you believe that the price of a CFD instrument will increase, you may look to buy it. If on the other hand you believe the price will fall, you may look to sell it. The difference between the CFD price from when you entered and exited the contract is the profit or less, minus any brokerage fees.

One of the biggest benefits of trading CFDs is that you’ll be able to gain full exposure to the movement of prices with a small initial deposit.

Forex

Trade CFDs on 50+ FX pairs and benefit from razor-thin spreads and lightning execution. Trade majors, minors, emerging and exotic currencies from your TMGM MT4/MT5 account!

  • 50 currency pairs
  • Up to 1:500 leverage
  • Tight spreads from 0.0 pips
  • Deep liquidity

Shares

Trade shares of the most popular stocks from all over the world from a single TMGM account, with a vast range of over 12,000+ stocks to choose from. Gain access to a wide range of shares in US, Australia and Hong Kong. TMGM allows you to both long (buy) and short (sell) many of these shares, including participating in the dividends and interests of holding these positions. Any dividends are passed directly to TMGM clients.

  • 12,000+ global stocks
  • Earn dividends on your stocks
  • Trade on MT5 and IRESS

Indices

TMGM offer leveraged trading of global Indices with zero commission including the US500, US30, GER30, UK100 and JPN225. Get access to US, EU, UK, AU and Asian Indices with absolutely zero commission.

  • 15+ global indices
  • Up to 1:100 leverage
  • No commissions

Futures

Trade futures on a range of commodities, indices and energies. Futures are derivative financial contracts that obligate the parties to transact an asset at a predetermined future date and price.

Precious Metals

TMGM allows you to trade the most popular precious metals such as gold, silver, copper and platinum, with exceptionally tight pricing. With the ability to trade CFDs on precious metals, you get to enjoy all the diversification and speculation benefits without having to physically own the precious metals.

  • Gold, Silver and Platinum
  • Up to 1:400 leverage

Energies

You can diversify your portfolio by trading CFDs on the largest Oil and Natural Gas markets. TMGM offers you access to those markets without having to purchase the product outright.

  • Trade Oil and Natural Gas
  • Up to 1:100 leverage

Platforms

At TMGM, they connect you to the widest range of markets through both industry-leading platforms and their own proprietary cutting-edge platforms. You can trade on the popular MetaTrader 4 (MT4), MetaTrader 5 (MT5) and IRESS Viewpoint platforms. The platforms are available for desktop, web and as mobile trading apps. Whether you are a beginner or professional trader, at home or on the go, there is a platform for everyone.

TMGM MT4 Platform
TMGM MT4 Platform

MetaTrader 4

The industry standard MetaTrader 4 (MT4) trading platform is very popular and provides traders with live price feeds, technical charts and analytical tools to keep up to date with the latest market happenings. MT4 is ideal for both discretionary and algorithmic traders.

Its intuitive user interface, customisable feature-rich environment and a public library of thousands of custom indicators make it the favourite choice of forex and CFD traders all around the world.

The MetaTrader 4 strategy tester allows you to back test your trading strategies to see how they would perform in the past. Its superior back testing capabilities allow you to back test and optimize your trading strategies to prepare them for the live markets.

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 trading app, which is designed for mobile devices running on Android and iOS; it enables traders to trade from anywhere and at any time.

MT4 Features

  • Automated trading with expert advisors (EAs)
  • Multiple chart timeframes from 1-minute to 1-month
  • Various chart types including line, bar and candlestick charts
  • Large range of technical indicators and drawing objects for analysing charts
  • Supports different order types including instant execution, pending and limit
  • One-click trading capability
  • Easy to use and fully customisable interface
  • Create, save and load you own chart templates
  • Set signal alerts when price reaches a specific price level
  • Strategy tester to back test your expert advisors on historical data
  • MQL programming interface to create custom scripts, indicators and EAs
  • Marketplace where traders can buy and sell signals, tools and services
  • Free to use on desktop, web browsers and as a mobile trading app
TMGM MT5 Platform
TMGM MT5 Platform

MetaTrader 5

Whilst MT4 still remains very popular and is likely to have more than enough features and functionality for even the most demanding of traders, the MT5 platform whilst very similar, packs a bigger punch.

Carrying on its predecessor’s impressive reputation, MetaTrader 5 (MT5) provides you with additional trading timeframes, order flexibility, up-to-date financial news, and a multi-currency strategy tester for simultaneously back testing your automated systems over various instruments.

MT5 offers greater flexibility with an additional 2 pending order methods. Increase your perspective on the markets with MT5’s 21 different timeframes. Back test and optimize your EAs better with MT5’s multi-thread strategy tester. Get greater visibility of market liquidity with MT5 Depth of Market (DoM) tool. It allows traders to see the number of trades in the market at various prices.

MT5 Features

  • 21 chart timeframes to choose from
  • Additional chart types
  • More technical indicators and graphical objects to choose from
  • Better strategy tester that can use tick data
  • Depth of market (DOM) pricing
TMGM IRESS Viewpoint Platform
TMGM IRESS Viewpoint Platform

IRESS Viewpoint

IRESS is a next generation web-based institutional grade trading platform that places the power of cutting-edge analysis tools into the hands of retail traders.

Customize your own workspace in true modular fashion by picking only the information and data that is important to you. Each module boasts true flexibility as you add, remove and even resize them ensuring everything you need to know and see it at your fingertips.

IRESS’ Modular Templates allow you to get both true market depth and breadth all in a single screen – bringing you everything from the latest news of a particular stock to the real-time depth of market pricing. Make faster, better and more informed decisions with the IRESS ViewPoint comprehensive yet intuitive interface.

Combining the power of the world’s most popular charts – TradingView – with the world’s most comprehensive trading platform. Compare, Add and Overlap multiple charts all within the IRESS platform to identify trading opportunities.

Get access to over 50 different indicators to help you analyse and interpret the markets. IRESS boasts an impressive range of indicators with everything from ADX to moving average indicators.

Get access to breaking news with IRESS’ customizable news widgets. With its smart filtering functions, you can search for news from multiple sources which contain (or exclude) specific phrases. Add on IRESS’ smart market sensitive articles filter and you have one of the most advanced news reporting tool in the market.

IRESS Viewpoint Features

  • Works on all browsers
  • Unique modular structure
  • Advanced charting capabilities
  • Manage multiple portfolios
  • Real-time price streaming
  • Access to genuine exchange pricing and market depth

Tools

Trademax Global Markets clients can get access to a range of useful trading tools in addition to the vast array already built into the provided trading platforms. They include the Free VPS & MAMM Service, Dedicated Account Manager, and VIP Desk.

TMGM HUBx
TMGM HUBx

HUBx

HUBx is a bespoke platform created from scratch by TMGM with fund managers and their clients in mind. With its cutting-edge futuristic functions, it helps fund managers manage their clients along with their risk allocations more efficiently and easily. Its advanced portfolio adjustment tools help clients take full control of their investments in an easy and intuitive manner. HUBx boasts a comprehensive unified dashboard that allows fund managers to monitor all the accounts under them along with important key statistics.

Trading Calendar

The TMGM calendar keeps clients informed and allow them to monitor market activities in 38 different countries, by day, week, month or selecting a time range. The trading calendar is a great way to keep in touch with the latest market news and is seen by many as an integral part of fundamental analysis.

TC Market Sentiment
TC Market Sentiment

Market Sentiment Indicator

Market Buzz is an intuitive and user-friendly tool. It gives a concise and accurate view of the market sentiment for every instrument based on the daily sentiment posted from professional news articles, social media, and individual blogs.

Forex VPS

TMGM and ForexVPS have joined forces to provide clients with a full service and reliable VPS solution in which to run their MT4 EA’s and signals. A ForexVPS server can give you confidence that your VPS will maintain constant connection to the forex markets. You can leave your platform running 24/7 without needing your own home machine switched on.

For new clients to qualify for the free forex VPS, a minimum deposit of USD$3,000 is required for Basic and USD$20,000 for High Frequency. For current clients, if 7 lots are traded before the month-end review.

TMGM Trading Central
TMGM Trading Central

Trading Central

TMGM clients have access to Trading Central’s newsletter service and receive daily analysis with emerging opportunities, trading plans & expert market overviews.

The tool provides real-time data, powerful impact and volatility analysis, with interactive charting that enables TMGM clients to identify and assess how events are impacting FX pairs.

You can get live bullish or bearish investment ideas based on technical and fundamental analysis, and support by back tested strategies.

Feature Ideas will deliver trade ideas on their preferred currency pairs, holding timeframes and technical analysis methods with Trading Central automated and personalized settings.

Analyst view offers the combination of senior analyst expertise and automated algorithms. TC proprietary pattern recognition is constantly monitoring the market to offer actionable trading plans based on award-winning methodologies that are validated by expert market technicians before being published.

The Alpha Generation offers three innovative indicators that represent market psychology and assist with identifying new trade opportunities and potential entry/exit points. These indicators are superimposed, with a directional perspective on every MT4/MT5 charts, and can help users trying to improve their performance.

Education

TMGM Academy
TMGM Academy

TMGM Academy

In the TMGM Academy, you will find some very helpful trading guides that can help to educate you about the global markets and prepare you for trading online with a self-directed trading platform. The academy works through beginners, intermediate and advanced stages.

Traders Terminology

There is a section of the brokers website where you find some popular trading terminologies along with an explanation of each. This can help you to understand some of the more commonly used trading terms.

Conclusion

Trademax Global Markets is a leading provider and innovator of CFD trading, constantly pushing the boundaries through cutting-edge research and development. The broker aims to provide you with the best trading conditions, powered by industry leading and innovative platforms. The research and development efforts that they implement constantly push the boundaries of liquidity and usability to empower you to benefit from a truly exceptional trading environment.

TMGM have a wide range of markets with deep liquidity and powerful platforms to ensure lightning-fast execution speeds with razor-thin spreads. They can bring you both the best breadth of markets and depths of liquidity.

It is quick and easy to get started. If interested, you can sign up and access the Global Markets through TMGM in less than 3 minutes

TMGM

8.8

Markets

8.5/10

Platforms

9.0/10

Tools

9.0/10

Education

8.5/10

Pros

  • Powerful trading platforms and apps
  • Huge selection of financial instruments
  • Various account funding options
  • Great selection of advanced trading tools
  • Quick and easy sign-up process
  • Free demo trading accounts

Cons

  • Cannot accept USA traders
  • Inactivity fees
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