Overview
TMGM is a CFD broker operating through entities regulated by Australia's ASIC as well as authorities in Vanuatu, Seychelles, and Mauritius. It offers trading in forex, metals, oil, shares, indices, and cryptocurrencies via MetaTrader 4, MetaTrader 5, and the TMGM app, with a demo account available.
TMGM: questions and answers
Is TMGM regulated?
Yes, TMGM is licensed by 4 regulators: ASIC, FSC (MU), VFSC, FSA. They include top-tier regulators such as ASIC. Always check which entity you open your account with, as protection depends on the regulator.
What is the minimum deposit at TMGM?
The minimum deposit at TMGM is $15; it can vary by account type and payment method.
What is the maximum leverage at TMGM?
Leverage at TMGM goes up to 1:500, depending on the regulator, account type and instrument. High leverage magnifies both profits and losses.
Which trading platforms does TMGM offer?
TMGM offers trading on MetaTrader 4, MetaTrader 5, Mobile App, TMGM APP.
What can I trade with TMGM?
TMGM lets you trade Forex, Stocks, Cryptocurrencies, Commodities and Gold, Indices, Exchange-Traded Funds (ETFs).
Does TMGM have a demo account?
Yes, you can open a free demo account at TMGM to practise with virtual money before trading for real.
Licences
| Regulator | Licence number | Last verified |
|---|---|---|
| ASIC — Australian Securities and Investments Commission Verify on the official register | AFSL 436416 | — |
| FSC (MU) — Financial Services Commission Mauritius | GB22201012 | — |
| VFSC — Vanuatu Financial Services Commission | 40356 | — |
| FSA — Seychelles Financial Services Authority | SD224 | — |
Available markets
Key facts
| Percentage of Losing CFD Accounts | 80.26% |
|---|
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