TMGM Review
Updated regularly · Independent ratings
Overall Rating
4.1 / 5
Fees
4.4 / 5
Safety
4.5 / 5
Platforms
4.4 / 5
Education
3.0 / 5
Min. deposit
$100
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. Between 74-89% of retail investor accounts lose money when trading CFDs. You should consider whether you understand how CFDs work and whether you can afford to take the risk of losing your money.
TMGM — At a Glance
Full broker data from our database
| Minimum deposit | $100 |
| Broker type | STP, ECN, Market Maker |
| Spread type | Variable |
| Spreads from | Classic Account: 1.0 pips, Edge Account: 0.0 pips |
| Commission | Classic Account: No commission, Edge Account: $3.5 per lot per side |
| Maximum leverage | 1:30 (ASIC), 1:1000 (FSCM), 1:1000 (VFSC), 1:1000 (CMA) |
| Minimum lot size | 0.01 |
| Maximum lot size | 80 |
| Decimal pricing | 5 decimals |
| Trading platforms | Mobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5) |
| API access | Yes |
| VPS | Yes |
| Demo account | Yes |
| Segregated account | Yes |
| Swap-free account | Yes |
| Managed account | Yes |
| PAMM / MAM account | Yes |
| Joint account | Yes |
| Copy trading | Yes |
| Social trading | Yes |
| Account currencies | USD, EUR, GBP, AUD, NZD, CAD |
| One-click trading | Yes |
| OCO orders | No |
| Trailing stop loss | Yes |
| Hedging allowed | Yes |
| Scalping allowed | Yes |
| Interest on margin | No |
| Bonuses | Yes |
| Contests | Yes |
| Regulators | ASIC (Australia), FMA (New Zealand), VFSC (Vanuatu), FSA (Seychelles), FSC (Mauritius) |
| Headquarters | Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW, Australia. |
| International offices | Australia, New Zealand, Vanuatu, Syechelles, Taiwan |
| Assets offered | Forex, CFDs |
| Payment methods | Bank Transfer, Debit Cards, Credit Cards, Cryptocurrency, Skrill, Neteller, Revolut, Wise, Google Pay, Apple Pay, RMB Instant Pay, Interac, AsiaPay, UnionPay, FasaPay, AliPay, POLi |
| Languages | English, Arabic, German, Spanish, Russian, Italian, Czech, French, Chinese (Simplified), Chinese (Traditional), Japanese, Korean, Vietnamese, Thai, Polish, Portuguese, Greek, Hindi, Indonesian, Portuguese, Turkish, Ukrainian |
| Customer support | Live Chat, Email, Telephone |
| Contact email | support@tmgm.com |
| Minimum deposit | $100 | Social trading | Yes |
| Broker type | STP, ECN, Market Maker | Account currencies | USD, EUR, GBP, AUD, NZD, CAD |
| Spread type | Variable | One-click trading | Yes |
| Spreads from | Classic Account: 1.0 pips, Edge Account: 0.0 pips | OCO orders | No |
| Commission | Classic Account: No commission, Edge Account: $3.5 per lot per side | Trailing stop loss | Yes |
| Maximum leverage | 1:30 (ASIC), 1:1000 (FSCM), 1:1000 (VFSC), 1:1000 (CMA) | Hedging allowed | Yes |
| Minimum lot size | 0.01 | Scalping allowed | Yes |
| Maximum lot size | 80 | Interest on margin | No |
| Decimal pricing | 5 decimals | Bonuses | Yes |
| Trading platforms | Mobile App, Web Platform, MetaTrader 4 (MT4), MetaTrader 5 (MT5) | Contests | Yes |
| API access | Yes | Regulators | ASIC (Australia), FMA (New Zealand), VFSC (Vanuatu), FSA (Seychelles), FSC (Mauritius) |
| VPS | Yes | Headquarters | Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW, Australia. |
| Demo account | Yes | International offices | Australia, New Zealand, Vanuatu, Syechelles, Taiwan |
| Segregated account | Yes | Assets offered | Forex, CFDs |
| Swap-free account | Yes | Payment methods | Bank Transfer, Debit Cards, Credit Cards, Cryptocurrency, Skrill, Neteller, Revolut, Wise, Google Pay, Apple Pay, RMB Instant Pay, Interac, AsiaPay, UnionPay, FasaPay, AliPay, POLi |
| Managed account | Yes | Languages | English, Arabic, German, Spanish, Russian, Italian, Czech, French, Chinese (Simplified), Chinese (Traditional), Japanese, Korean, Vietnamese, Thai, Polish, Portuguese, Greek, Hindi, Indonesian, Portuguese, Turkish, Ukrainian |
| PAMM / MAM account | Yes | Customer support | Live Chat, Email, Telephone |
| Joint account | Yes | Contact email | support@tmgm.com |
| Copy trading | Yes |
Pros & Cons
Pros
- +Strong regulatory oversight.
- +Segregated client funds.
- +Negative balance protection.
- +Wide range of global market access through CFDs.
- +Fast and simple account setup process.
- +Free demo account available.
- +Multiple account types for different trading styles.
- +Cent account available.
- +Islamic swap-free accounts available.
- +Multiple fast and secure payment methods.
- +Multiple account currency options.
- +Low forex trading fees.
- +Low CFD trading fees.
- +Ultra-low spreads from 0.0 pips on the EDGE account.
- +No deposit or withdrawal fee.
- +High leverage trading capability (up to 1:1000 in some regions).
- +User-friendly mobile trading app.
- +Supports MetaTrader 4 and 5 integration.
- +Adequate support for EAs and algorithmic trading.
- +VPS available for automated trading.
- +Great educational content for beginners.
- +Outstanding research tools & market analysis.
- +Integrated social and copy trading features.
- +PAMM trading available through HUBx.
- +Great customer support service, available 24/7.
Cons
- −Product offering is limited to forex and CFDs.
- −Educational resources are limited and basic.
- −An inactivity fee after a year of account inactivity.