TMGM

Written by How we review

TMGM is a well-regarded forex and CFD broker offering broad market access through MetaTrader platforms, plus market research and education. It operates through regulated entities and supports clients in various regions.
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Key facts

8.4/10
Our rating
#44
Trust rank
2013
Founded
3
Licences
231
Countries accepted
HeadquartersAustralia
Broker typeECN
RegulationASIC; FMA; VFSC
PlatformsMT4, MT5
InstrumentsCommodities, Forex, Indices, Metals
Fee levelLow

Updated

Pros

  • • ASIC regulation with segregated client funds
  • • Raw spreads from 0.0 pips with $7 round-turn commission
  • • MT4/MT5 and IRESS platforms with EAs supported
  • • Deep multi-LP liquidity and Equinix data centers for low-latency NDD execution
  • • Broad CFD range including 60+ FX pairs, indices, commodities, and thousands of shares

    • Cons

  • • - Not FCA/CySEC regulated
  • • - Uses offshore VFSC entity
  • • - No investor compensation scheme
  • • - No guaranteed stop-loss orders (GSLOs)
  • • - No cTrader platform

    • Key Features

  • • ASIC and VFSC regulation and segregated client funds
  • • MetaTrader 4 and IRESS platforms
  • • ECN pricing raw spreads and deep liquidity
  • • Multi asset CFDs forex indices commodities metals shares
  • • HubX MAM VPS and algorithmic trading support
  • • Leverage up to 500 to 1 with hedging and scalping allowed

    • Similar Brokers

    Where This Broker Ranks

    TMGM is not in the top 10 for any country or territory we rank yet. Each list shows the ten highest-rated brokers that accept clients there. How we rate brokers · All rankings by country

    How we review: We rate brokers on regulation, safety of client funds, trading costs, platforms and tools, execution, and reputation, using independent research and hands-on platform testing where possible. Partners cannot buy higher scores. This content is informational only, not investment advice.

    See our Methodology and Risk Disclosure for full details.

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    We will review issues related to the information shown on BrokerCatalogue (fees, features, data, wording). For account, deposit, or withdrawal problems, please contact the broker directly. We cannot access your funds or fix platform-side issues.

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    Frequently Asked Questions

    TMGM operates multiple entities that are regulated in selected jurisdictions. You should confirm which entity you sign with and the rules in your country. The broker states that client money is held in segregated accounts with reputable banks, with protections that depend on local laws. Some entities may offer negative balance protection, while others do not. You can review the client agreement, product disclosure, and risk documents before you open an account. This summary is general information only and not advice.

    You get access to forex pairs and CFDs on indices, commodities, metals, and shares, subject to your location. Platform access includes popular third‐party terminals and a proprietary web and mobile platform. You can use charting, alerts, and common order types; automated trading and VPS connectivity may be available on some platforms. Instrument availability, platform features, and trading hours depend on the entity and region. Review the product list and platform notes for your account before you start.

    TMGM offers spread‐only and commission‐based account options. You pay trading costs through the spread and, where applicable, a separate commission. Overnight financing applies on positions held beyond the trading day. Other costs can include currency conversion, inactivity, or funding charges, depending on method and region. Minimum balance, base currency choices, and demo access vary by entity. You should read the fee schedule and legal documents so you understand all costs that apply to your account.

    You can deposit and withdraw via bank transfer, cards, and selected e‐wallets, depending on your country and the entity that holds your account. Processing times and limits vary by method and compliance checks. Funds usually return to the original source when you withdraw. The broker may not add internal fees, but your bank or payment provider can charge. Account name matching and verification are required. Public holidays and cut‐off times can affect when you receive funds.

    TMGM uses market execution with variable pricing sourced from multiple venues. You can experience positive or negative slippage during fast markets, and orders can be filled at the next available price. Stop‐out and margin policies are set by the entity and platform. Strategy permissions can vary, so you should review the terms for hedging, automation, and high‐frequency activity. A demo environment is available for platform testing. This is general information, not advice.

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