The TMGM Decision Map
| Decision Question | FxFind Finding |
|---|---|
| Main reason to consider it | EDGE combines spreads from 0.0 pips with a separate commission. TMGM also supports MT4 and MT5 automation, copy trading and API trading. |
| Main limitation | Leverage, protections and available terms depend on the contracting entity and jurisdiction; there is no investor compensation scheme. |
| Most natural fit | Active forex and CFD traders, particularly scalpers comparing raw-spread pricing with a commission-free account. |
| Relevant account/platform setup | EDGE or CLASSIC, each with a $100 minimum deposit, on MT4 or MT5; the Cent Account has a separate promotion-based minimum from $15 where available. |
| FxFind Rating | 8.24/10 |
View the FxFind rating breakdown
| Category | Score |
|---|---|
| Trust and Safety | 7.8 |
| Fees and Commissions | 9.0 |
| Deposits and Withdrawals | 8.5 |
| Tradable Instruments | 8.0 |
| Setup | 8.5 |
| Account Opening | 8.8 |
| Customer Support | 8.0 |
| Trading Conditions | 9.0 |
| Market Research and Education | 6.8 |
The main questions are whether EDGE’s pricing suits your trading and whether the entity serving your account provides the leverage and protections you require.
Pros
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EDGE offers spreads from 0.0 pips, with a stated FX commission of $3.50 per lot per side.
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MT4 and MT5 support desktop automation; TMGM also offers copy trading and API trading.
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The broker supports multiple deposit and withdrawal methods and charges no internal deposit or withdrawal fee.
Cons
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The 1:1000 maximum leverage applies to the VFSC offering; Australian, UK and EU retail forex limits are typically 1:30.
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TMGM has no investor compensation scheme.
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An inactivity fee of $10 per month applies after 12 months.
TMGM by Client Region and Legal Entity
Legal Entities by Client Region
| Client Location / Group | Contracting Entity | Regulator | Licence | What Changes for the Client |
|---|---|---|---|---|
| Australia | Trademax Australia Limited | ASIC | 436416 | Australian retail CFD rules apply to retail clients, including leverage limits, margin close-out and negative-balance protections. Treatment differs for professional clients. |
| International / Seychelles entity (subject to exclusions) | Trademax Global Markets (SE) Limited | FSA (Seychelles) | SD224 | The local FSA framework applies. UK, EU and Australian retail protections and compensation schemes do not automatically apply; leverage, products and dispute routes may differ. |
| International / Mauritius entity (subject to exclusions) | Trademax Global Markets (International) Pty Ltd / Mauritius entity | FSC (Mauritius) | GB22201012 | The local FSC framework applies. UK, EU and Australian retail protections and compensation schemes do not automatically apply; leverage, products and dispute routes may differ. |
| International / Vanuatu entity (subject to exclusions) | Trademax Global Limited | VFSC (Vanuatu) | 40356 | The local VFSC framework applies. UK, EU and Australian retail protections and compensation schemes do not automatically apply; leverage, products and dispute routes may differ. |
Protection by Entity
TMGM segregates client funds from company operating funds and offers negative balance protection to eligible retail clients, subject to the account’s entity and applicable terms. Australian retail clients receive the protections applicable under Australian retail CFD rules; international entities do not automatically provide UK, EU or Australian retail protections. TMGM has no investor compensation scheme.
Corporate Transparency and Ownership
Founded in 2013, TMGM is not publicly traded.
Trading Costs by Account and Instrument
Representative Trading Costs
| Instrument | Spread Basis | Commission | Important Condition |
|---|---|---|---|
| EURUSD | Broker-reported average: 1 pips | EDGE: $3.50 per lot per side for forex; CLASSIC: $0 commission | EDGE spreads start from 0.0 pips; CLASSIC spreads start from 1.0 pip. The reported average is not identified by account type. |
| GBPUSD | Broker-reported average: 1.21 pips | EDGE: $3.50 per lot per side for forex; CLASSIC: $0 commission | EDGE spreads start from 0.0 pips; CLASSIC spreads start from 1.0 pip. The reported average is not identified by account type. |
| Gold (XAU/USD) | Broker-reported average: 0.18 points | EDGE: metals commission is lower; CLASSIC: $0 commission | The specific metals commission and account-specific average spread are not stated here. |
| S&P 500 CFD | Broker-reported average: 0.6 points | Not publicly specified as a fixed figure; check the broker’s current contract specification or live trading platform. | The average spread is not identified by account type. |
EDGE separates commission from the raw spread, while CLASSIC builds trading costs into wider spreads. The quoted averages are not guaranteed execution prices and should not be assumed to apply identically to both accounts.
Costs Outside the Trade
| Trader Behavior | Possible Cost | Broker Rule |
|---|---|---|
| Holding a standard CFD or forex position overnight | Swap or rollover fee | Swaps apply daily. Weekend positions typically incur a triple swap, usually on Wednesday or Friday depending on the asset class. |
| Using a swap-free account | Possible administration or financing fee | Standard interest is not paid or credited; a fixed fee may apply to certain instruments. New accounts often have a five-day grace period without administration fees on overnight trades. |
| Leaving an account inactive | $10 per month | Charged after 12 months. |
| Depositing, withdrawing or trading in a currency different from the account base currency | Currency conversion markup | Conversion uses the exchange rate received from liquidity providers plus a markup, historically noted around 0.01%. |
| Depositing or withdrawing funds | Possible third-party or intermediary charges | TMGM charges no internal deposit or withdrawal fee; intermediary bank or payment-provider charges may still apply. |
Trading frequency, overnight exposure, inactivity and currency mismatch all affect total costs. EDGE users should also include commission when comparing its raw spread with CLASSIC’s wider, commission-free pricing.
Key Trade-Offs to Consider
Raw spreads come with a separate commission
EDGE spreads start from 0.0 pips, but forex trades incur a $3.50 per lot commission per side. CLASSIC removes that commission but starts from 1.0 pip. Active traders should compare the full cost for their instruments and trade sizes rather than relying on the spread headline alone.
High maximum leverage depends on the legal entity
TMGM offers up to 1:1000 on forex through its VFSC-regulated offering, while retail forex limits in the UK, Australia and Europe are typically 1:30. Leverage can also vary by asset, position size and market conditions, with reductions around volatility and certain market events. The higher limit is not a broker-wide condition and increases the potential scale of both gains and losses.
Automation is available, but full development is desktop-centred
MT4 and MT5 support Expert Advisors, while the MT5 API and cTrader Open API support custom automation. Full EA and custom-code development and testing are desktop- or VPS-centred; browser and mobile versions are primarily for trading and monitoring. This distinction matters to traders building or maintaining automated strategies, rather than those using the platforms for manual orders.
Build a Trading Setup
Account and Platform Compatibility
| Account | Compatible Platforms | Pricing Model | Automation | Important Constraint | Natural Use Case |
|---|---|---|---|---|---|
| CLASSIC | MT4 / MT5 | Spreads from 1.0 pip; $0 commission | MT4 Expert Advisors and MT5 Expert Advisors on desktop/VPS | $100 minimum deposit; full EA and custom-code functionality is desktop/VPS-centred. | Traders preferring a commission-free pricing structure. |
| EDGE | MT4 / MT5 | Spreads from 0.0 pips; $7 round-turn FX commission ($3.50 per side) | MT4 Expert Advisors and MT5 Expert Advisors on desktop/VPS | $100 minimum deposit; metals commission is lower, but the exact rate is not stated here. | Active traders comparing raw spreads with a separate commission. |
Platform-Specific Differences
| Platform | Web | Desktop | Mobile | Automation | Main Limitation |
|---|---|---|---|---|---|
| MetaTrader 4 | Yes — MT4 WebTrader | Yes — desktop terminal | Yes — iOS/Android | Expert Advisors (MQL4) on desktop/VPS | Full MQL4/EAs and custom scripts are desktop/VPS-centred; browser and mobile clients do not provide the full desktop automation environment. |
| MetaTrader 5 | Yes — MT5 WebTerminal | Yes — desktop terminal | Yes — iOS/Android | Expert Advisors (MQL5), Strategy Tester and MQL5 automation on desktop/VPS | Full EA/custom-code development and testing are desktop/VPS-centred; browser and mobile versions are primarily for trading and monitoring. |
| WebTrader | Yes — browser access for TMGM’s MetaTrader platforms | No native WebTrader install — browser | TMGM documents Android/iPhone access separately for MT4/MT5 | No browser EA/custom-code environment | The WebTrader label does not specify MT4 versus MT5; desktop MetaTrader is the automated-trading environment. |
| HUBx | Yes — browser portal | No native desktop client documented | Not explicitly documented | Allocation, portfolio and risk-management automation | Designed for fund managers and client allocation/risk management, not general self-directed algorithmic trading. |
| TMGM App | No — as named mobile app | No — as named mobile app | Yes — Apple App Store/Google Play | Copy trading | Automation is copy trading; no custom user-programmable strategy engine is verified. |
Practical Setup Assessment
Manual traders can use MT4 or MT5 on desktop, web or mobile. Expert Advisors can run in a desktop environment or on a VPS; free VPS eligibility is tied to specified deposit or trading-activity thresholds. TMGM also offers copy trading through its client portal and mobile app, as well as API trading through the MT5 API and cTrader Open API. These are distinct routes: the TMGM App provides copy trading, while custom-code development is not its documented function.
Trading Conditions and Position Management
Entering the Market
TMGM operates primarily as an ECN/STP broker, routing orders to liquidity providers without dealing-desk intervention. Orders execute at the next available price, so slippage and partial fills may occur. Scalping and news trading are allowed, although high-impact events can lead to wider spreads, slippage or temporary margin and leverage adjustments.
Leverage
| Market | Maximum Retail Leverage | Professional / Other Eligible Leverage | What Determines It |
|---|---|---|---|
| Forex | 1:1000 | - | Maximum applies to the VFSC offering; retail forex limits in the UK, Australia and Europe are typically 1:30. Leverage can fall with larger positions, volatility, news or another legal entity. |
| Indices | 1:500 | - | International offering; exact leverage varies by entity, account type, position size and instrument. |
| Commodities | 1:1000 | - | International offering; exact leverage varies by entity, account type, position size and instrument. |
| Stocks | 1:20 | - | Share CFDs; leverage varies by entity, account type, position size and instrument. |
| Bonds | - | - | Not offered. |
| Cryptocurrencies | 1:500 | - | International offering; crypto access and leverage vary by entity, account type, position size and instrument. |
| Other | 1:20 | - | Includes ETFs, futures, options and other markets; leverage varies by entity, account type, position size and instrument. |
Maximum leverage is not a constant account setting. TMGM can reduce limits on certain assets, including gold and oil, near market closures and during high-impact news events.
Margin Calls and Stop-Outs
The margin call level is 100%, and the stop-out margin level is 50%.
Trading Restrictions
| Trading Activity | Status | Important Conditions |
|---|---|---|
| Scalping | Allowed | TMGM supports scalping on MT4 and MT5. |
| Hedging | Allowed | Supported on MT4 and MT5 across CLASSIC and EDGE accounts; also supported on MT5 Cent accounts. |
| News trading | Allowed | Spreads can widen and slippage can occur during volatility; temporary margin or leverage adjustments may apply. |
| Expert Advisors and API trading | Supported | MT4/MT5 desktop automation and API trading are available; full EA development and testing are desktop/VPS-centred. |
Tradable Markets: Range and Restrictions
| Asset Class | Approx. Instruments | What Is Notable | Main Restriction / Gap |
|---|---|---|---|
| Forex | 60 | Margin FX trading; swaps may apply. | Maximum leverage can fall at larger position sizes, during volatility/news, or under another legal entity. No separate professional/eligible-client leverage tier is publicly stated for this offering. |
| Indices | 15 | Cash- and futures-referenced index derivatives. | Leverage can vary by legal entity, account type, position size and instrument; use the symbol-level conditions for exact terms. |
| Commodities | 6 | Spot- and futures-referenced commodity derivatives. | Leverage can vary by legal entity, account type, position size and instrument; use the symbol-level conditions for exact terms. |
| Stocks | 10000 | Share CFDs; no ownership or voting rights. | Leverage can vary by legal entity, account type, position size and instrument; use the symbol-level conditions for exact terms. |
| Bonds | Not Offered | - | - |
| Cryptocurrencies | 20+ | Crypto access varies by entity and jurisdiction. | Leverage can vary by legal entity, account type, position size and instrument; use the symbol-level conditions for exact terms. |
| Other | 2000 | ETFs, futures, options and other markets. | Leverage can vary by legal entity, account type, position size and instrument; use the symbol-level conditions for exact terms. |
Opening, Funding, and Withdrawing From an Account
Account Opening and Verification
TMGM requires KYC verification for live accounts. Identity and address documents must be verified before you can trade, deposit or withdraw. Accepted identity documents include a government-issued photo ID, such as a passport, national identity card or driver’s licence. Proof of address can be a recent utility bill or bank statement dated within the last three months. Verification usually takes 1–3 business days. A demo account can generally be used without full KYC.
TMGM restricts clients from the United States, Afghanistan, Belarus, Belgium, the Central African Republic, Cuba, the Democratic Republic of Congo, Guinea-Bissau, Hong Kong, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, North Korea, Russia, Somalia, Sudan, South Sudan, Syria, Ukraine, Venezuela, Yemen and Zimbabwe.
Deposit Methods
| Method | Deposit Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Apple Pay | $100 | $0 broker fee | Instant | Requires a supported Apple device, eligible card and supported country or region. Availability also depends on the broker's payment provider. |
| China Union Pay | $100 | $0 broker fee | Instant | An eligible UnionPay card or account is required. Availability depends on your issuer, country and the broker's payment provider. |
| Google Pay | $100 | $0 broker fee | Instant | Requires a supported device or country and an eligible card or bank account. Availability depends on the issuer and the broker's payment provider. |
| Interac | $50–$100 | $0 broker fee | Instant to 3 h | Requires an eligible Canadian bank account with a participating financial institution. The broker must support the relevant Interac e-Transfer option. |
| Mastercard | $100 | $0 broker fee | Instant | Your card must support online payments and be accepted by the broker. Issuer, country, currency and authentication limits may apply. |
| Neteller | $100 | $0 broker fee | Instant | Requires an eligible NETELLER account. Country availability, account verification and transaction limits may apply. |
| Payment Asia | $50–$100 | $0 broker fee | Instant to 3 h | Available payment methods, currencies and limits depend on your country and the broker's Payment Asia setup. |
| Revolut | $100 | $0 broker fee | Instant | Availability depends on your country and currency. Additional compliance checks or transfer restrictions may apply. |
| Skrill | $100 | $0 broker fee | Instant | Requires an eligible Skrill account. Country availability, account verification and transaction limits may apply. |
| Southeast Asia Bank | $50–$100 | $0 broker fee | Instant to 3 h | Availability depends on the local bank and transfer network shown at checkout. Use the exact beneficiary and payment reference provided. |
| Tether | $50 | $0 broker fee | Instant | USDT is available on multiple networks. Use only the exact network and address shown in the deposit instructions; a network mismatch may result in permanent loss. |
| Visa | $100 | $0 broker fee | Instant | Your card must support online payments and be accepted by the broker. Issuer, country, currency and authentication limits may apply. |
| Wire Transfer | $100 | $0 broker fee; intermediary bank charges may apply | 1–4 business days | Use the exact beneficiary, bank details and payment reference provided. Intermediary bank fees, currency conversion and processing delays may apply. |
| Wise | $100 | $0 broker fee | Instant | Use the exact transfer details provided. The sending bank account should generally be in the same name as your Wise account. |
EDGE and CLASSIC accounts have a $100 standard minimum deposit. Cent Account promotions can have a minimum from $15, depending on region and local payment provider. Standard account base currencies are AUD, USD, EUR, GBP, NZD and CAD.
Withdrawal Methods
| Method | Withdrawal Minimum | Broker Fee | Expected Arrival | Important Restriction |
|---|---|---|---|---|
| Apple Pay | $10 for local/card withdrawals | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | Typically 1–3 business days depending method | Not a standalone payout balance; refunds return to the original linked payment card. |
| China Union Pay | $10 equivalent | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | About 1–3 business days | Card payouts or refunds depend on broker, issuer, card and regional support. |
| Google Pay | $10 for local/card withdrawals | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | Typically 1–3 business days depending method | Not a standalone payout balance; refunds return to the original linked payment method. |
| Interac | $10 for local/card withdrawals | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | About 1–3 business days | Requires a participating Canadian bank account and broker support for Interac payouts. |
| Mastercard | $10 | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | About 1–2 business days | Available only through supported card-payout or refund routes; issuer and regional restrictions apply. |
| Neteller | $10 for local/card withdrawals | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | About 1–3 business days | Requires an eligible NETELLER account; verification, country and wallet limits apply. |
| Payment Asia | $10 equivalent | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | About 1–3 business days | Available payout methods, currencies, verification and limits depend on the broker integration. |
| Revolut | $10 for local/card withdrawals | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | Typically 1–3 business days depending method | Requires supported account details; country, currency and compliance restrictions may apply. |
| Skrill | $10 for local/card withdrawals | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | About 1–3 business days | Requires an eligible Skrill account; verification, country and wallet limits apply. |
| Southeast Asia Bank | $10 for local/card withdrawals | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | Typically 1–3 business days depending method | Use the exact bank and recipient details; supported country, currency and network vary. |
| Tether | $100 | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | About 1–3 business days plus network confirmation | USDT uses multiple networks; choose the exact supported network or funds may be lost. |
| Visa | $10 | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | About 1–2 business days | Available only through supported card-payout or refund routes; issuer and regional restrictions apply. |
| Wire Transfer | $10 for local/card withdrawals | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | About 1–4 business days | Enter bank, recipient and SWIFT/BIC details exactly; fees and processing delays may apply. |
| Wise | $10 for local/card withdrawals | No broker fee/commission, bank charges may apply, e-wallet fee possible if no trading activity | Typically 1–3 business days depending method | Use active Wise account details for a supported currency; country and verification restrictions apply. |
Payment Rules
TMGM charges no internal deposit or withdrawal fee, though intermediary bank and payment-provider charges may apply. Currency conversion fees may arise when funding, withdrawing or trading in a currency other than the account’s base currency. Card withdrawals are available only through supported payout or refund routes; Apple Pay and Google Pay are not standalone payout balances.
Customer Support
| Route | Access | Hours | Human / Automated | Languages / Conditions |
|---|---|---|---|---|
| Live Chat | Live chat | 24/7 | Human / agent-assisted | 10+ major languages |
| [email protected] | 24/7 support / message intake | Human / agent-assisted | 10+ major languages; asynchronous | |
| Phone | +61 2 8036 8388 | 24/7 customer service | Human / agent-assisted | 10+ major languages; regional numbers and language availability may vary |
Customer feedback often describes prompt responses and practical guidance. Some customers report unclear communication or lengthy verification cases.
Research, Trading Tools, and Education
| User Need | Available Resources | Provider | Access Requirement | Depth / Limitation |
|---|---|---|---|---|
| Market research and technical views | Market Research; Technical Analysis | Trading Central / TMGM | TMGM client-portal access for Trading Central tools; Technical Analysis is available through Client Portal → Trading Tools. | Research breadth, update frequency and instrument coverage vary. Technical views use price and indicator inputs and can produce false signals; resources are not personalized advice. |
| Trade ideas | Trading Ideas | Trading Central — Featured Ideas | Client Portal → Trading Tools; client login required. | Setups may include levels or scenarios where supported, but coverage is limited by instruments and timeframes and outcomes are not guaranteed. |
| Scheduled events | Economic Calendar | Trading Central / TMGM | A public TMGM calendar is available; Trading Central Economic Insights tools are in the Client Portal. | Shows scheduled macro events and actual, forecast and previous data; it cannot capture unscheduled news or every market-moving event. |
| News and sentiment monitoring | Market Buzz; Market Sentiment | Trading Central — AI Market Buzz; Crowd/Customer Sentiment | Client Portal → Trading Tools. | News, social attention and positioning can highlight activity, but source coverage, sample size and update cadence limit how representative or directional the signals are. |
| Structured learning | Articles, courses, webinars and eBooks | TMGM | Access conditions are not stated as a single universal rule; availability may vary by account, platform, region or login status. | Coverage, depth and update frequency vary by topic/resource; the material is informational rather than personalised advice. |
Who TMGM Fits
| Trader Profile | Why It May Suit Them | Main Reservation |
|---|---|---|
| Active forex traders and scalpers | EDGE offers spreads from 0.0 pips, and TMGM allows scalping on MT4 and MT5. | Forex commission is $3.50 per lot per side on EDGE; compare total cost with CLASSIC’s wider, commission-free spreads. |
| Algorithmic traders | MT4/MT5 Expert Advisors, VPS hosting and API trading provide several automation routes. | Full EA and custom-code development and testing are desktop/VPS-centred; free VPS access has deposit or trading-volume thresholds. |
| Multi-asset CFD traders | TMGM offers forex, indices, commodities, stocks, ETFs and cryptocurrencies. | Stocks are share CFDs without ownership or voting rights, and available leverage and crypto access vary by entity and jurisdiction. |
| Traders prioritizing local retail protections | Australian retail clients receive the protections applicable under Australian retail CFD rules. | The 1:1000 forex maximum is not universal, and TMGM has no investor compensation scheme. |
Before you deposit
Key Conditions to Verify Before Funding
Contracting entity and protections Tap to read the check Tap to collapse
Identify the entity serving your account: regulatory frameworks, leverage and protections differ, and TMGM has no investor compensation scheme.
Account minimum and pricing Tap to read the check Tap to collapse
EDGE and CLASSIC require a $100 minimum deposit. Compare EDGE's $3.50-per-side forex commission with CLASSIC's wider spreads before choosing.
Leverage limits Tap to read the check Tap to collapse
The 1:1000 forex maximum applies to the VFSC offering; retail forex limits in the UK, Australia and Europe are typically 1:30. Asset and market conditions can reduce leverage further.
Verification before funding Tap to read the check Tap to collapse
Complete identity and address checks before depositing, trading or withdrawing; verification usually takes 1–3 business days.
Payment route and currency Tap to read the check Tap to collapse
Confirm which payment and payout methods are available in your region. Conversion charges may also apply if your transaction currency differs from your account base currency.
FxFind's Assessment on TMGM
TMGM offers a choice between EDGE’s raw-spread pricing and CLASSIC’s commission-free structure, alongside MT4/MT5 automation, copy trading and multiple CFD markets. These features are relevant to active traders who can compare the full costs of their instruments and trading frequency. The headline maximum leverage and client protections are not universal: both depend on the entity and jurisdiction, and TMGM has no investor compensation scheme. Traders who require a particular level of retail protection or prefer not to pay a separate commission may find another regulatory or pricing structure more suitable. The account and entity distinctions, as well as the associated margin and execution risks, are central to assessing the offering.
Review method: FxFind’s assessment considers broker product and pricing information, entity and licensing details, payment and platform conditions, and customer-service themes represented in this review. See the FxFind Broker Review Methodology for scoring criteria and weightings.
Questions Readers Usually Have About TMGM
What is the difference between TMGM EDGE and CLASSIC accounts?
EDGE has spreads from 0.0 pips and charges a separate forex commission of $3.50 per lot per side. CLASSIC starts from 1.0 pip and has no commission. Both have a $100 minimum deposit and support MT4 and MT5.
Does TMGM offer 1:1000 leverage to every client?
No. The 1:1000 forex maximum applies to the VFSC-regulated offering. Retail forex limits in the UK, Australia and Europe are typically 1:30, and leverage can also change by asset, position size and market conditions.
Which legal entities serve TMGM clients?
TMGM’s listed entities include Trademax Australia Limited, regulated by ASIC; Trademax Global Markets (SE) Limited, regulated by the FSA in Seychelles; the Mauritius entity regulated by the FSC; and Trademax Global Limited, regulated by the VFSC. The client’s location and applicable exclusions determine which entity serves the account.
Does TMGM offer negative balance protection or investor compensation?
TMGM offers negative balance protection to eligible retail clients, subject to the entity and applicable terms. It does not offer an investor compensation scheme.
Can I use automated trading with TMGM?
MT4 and MT5 support Expert Advisors on desktop or VPS environments. TMGM also supports API trading through the MT5 API and cTrader Open API; browser and mobile MetaTrader versions do not provide the full desktop automation environment.
What is TMGM’s minimum deposit?
The standard minimum for EDGE and CLASSIC is $100. Cent Account promotions can start from $15, depending on region and local payment provider.
Does TMGM charge withdrawal fees?
TMGM charges no internal withdrawal fee, but intermediary bank or payment-provider charges may apply. Payout options and processing times depend on the method and region; card withdrawals use supported payout or refund routes.
Which countries are restricted from opening a TMGM account?
TMGM restricts clients from the United States, Afghanistan, Belarus, Belgium, the Central African Republic, Cuba, the Democratic Republic of Congo, Guinea-Bissau, Hong Kong, Iran, Iraq, Lebanon, Libya, Mali, Myanmar, North Korea, Russia, Somalia, Sudan, South Sudan, Syria, Ukraine, Venezuela, Yemen and Zimbabwe.