TM
Top Tier · Featured

TMGM

4.0(1,245)
High RebateVIP Service
Founded 2013 · Sydney, Australia
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Open an account at TMGM
Earn $9.40/lot

Trader perks you’ll receive
  • Highest cashback in the market
  • Signal group from the TradingEdge Whale team
  • Daily market analysis
  • News alerts group
  • Trading courses by the Whale team
  • Special licensed gift from the broker
Earn $9.4 cashback per lot + Welcome Bonus
Partner Code · Enter at signup
WHALE
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Reviewed by TradingEdgeIC Licensed · Pro TraderLast updated Our methodology

TMGM (TradeMax Global Markets) is an Australian broker founded in 2013 in Sydney, focused on multi-asset trading: Forex, Stocks, Crypto, Indices. Famous for ECN execution and 12,000+ stock CFDs.

Deposit safety & withdrawal

Can I trust TMGM with my deposit? Yes — here is the institutional protection.

TMGM has operated for 13 years from Sydney, Australia, licensed by 4 financial authorities (ASIC, FMA, VFSC), with client funds held in segregated accounts and negative-balance protection in place. Official withdrawal time is within 24h, and 87% of formal complaints are resolved — only 5 active complaints in the last 30 days across 1,245 total reviews.

Regulators
4 · ASIC, FMA, VFSC
Withdrawal time
within 24h
Complaints resolved
87%
Years operating
13 years
Founded 2013 · Sydney, AustraliaSegregated fundsNegative-balance protection3 industry awardsOffice verified in person
Trust Verdict
Reasonable
TradingEdge team verdict

TMGM is usable at standard quality — but verify which entity holds your account is actually under Tier-1 oversight.

Strengths / Green Flags
  • Tier-1 license held (1 regulator)
  • Founded 2013 (13 years)
  • Office physically verified
  • Segregated funds + Negative Balance Protection

This verdict is computed from licensing, company age, community reviews, and our own checks — it’s a guideline, not financial advice about TMGM

Cross-Check Verification
Verify trustworthiness yourself
External links · open in new tab

We recommend you cross-check every detail against official sources — click each license to query the regulator’s public register directly, and read real community reviews.

All links point to official regulator websites / independent review platforms. TradingEdge has no affiliation with these sites — they’re public data for you to verify independently.

Spread
0 pips
Leverage
1:500
Min Deposit
$100
Execution
45 ms
LP
17+
Founded
2013

Highlights

  • ECN execution under 35ms
  • 12,000+ stock CFDs
  • IRESS platform for stock trading
  • ASIC + FMA regulation
  • Welcome Bonus on opening
In-depth review

Read the full review — account types, deposit/withdrawal methods, asset coverage, and the comparison table on the main page.

See full review

Pros and cons of TMGM

Pros(4)
  • 12,000+ stock CFDs — biggest selection
  • ECN execution under 35ms
  • ASIC + FMA regulation
  • IRESS Pro included
Cons(3)
  • No deposit bonus
  • Spread wider than IC Markets / Pepperstone
  • Limited Thai-language support

Account Types

AccountMin DepositSpreadCommissionLeverage
Classic (Standard)
มาตรฐาน
$100จาก 1.0 pipsไม่มี1:500
Edge (ECN)
สเปรด Raw
$100จาก 0.0 pips$3.5 / lot / side1:500
IRESS Trader
หุ้นจริง / DMA
$5,000แตกต่างแตกต่าง1:30

Promotions and ongoing perks

All perks you receive when signing up for TMGM via TradingEdge — no expiry.

Core rebate
$9.40
per lot · paid Daily
Credited automatically within 24 hours after the order closes. No request needed, no impact on spread.
All perks included
  • $9.4/lot rebate, daily
  • Welcome Bonus on registration
  • 12,000+ stock CFDs available
  • IRESS platform free of charge
Featured promo
Earn $9.4 cashback per lot + Welcome Bonus

Rebates are credited directly to your TMGM account · they do not pass through TradingEdge · withdraw via the broker’s normal channels.

Account opening — step by step

  1. 11
    Click through the TradingEdge link

    Open the broker site via the button above — we tag you as a TradingEdge customer. (tmgm.com)

  2. 22
    Complete KYC

    Upload Passport / National ID + selfie + proof of address.

  3. 33
    Make your first deposit

    Deposit via Local Bank / Crypto / e-Wallet. (min $100)

  4. 4
    Start trading, earn rebates

    $9.40/lot · Daily

In-depth broker information

Complete data per international standards — Company, Regulators, Software, Funds Security, Customer Service.

Company & Legal
BrandTMGM
Legal EntityTMGM Group
HeadquartersSydney, Australia
Founded2013 (13 years)
Websitetmgm.com
Active countriesTH MY CN KR SG ID
Trading Conditions
Spread from0 pips
Leverage1:500
Min Deposit$100
Min Lot / Max Lot0.01 / 100
Execution TypeECN / DMA
Average latency45 ms
Liquidity Providers17+
Regulators · Full Detail
  • ASIC
    (AU)
    Regulated
  • FMA
    (NZ)
    Regulated
  • VFSC
    (VU)
    Regulated
  • FSC
    (MU)
    Regulated
Funds Security
Segregated Client Funds
Negative Balance Protection
Islamic / Swap-Free account
Scalping allowed
Hedging allowed
News Trading allowed
EA / Algo support
Copy Trading
Trading Software & Platforms
MT4MT5IRESSTMGM Mobile
Trading Hoursจันทร์ 00:00 — เสาร์ 00:00 (Server GMT+2/+3)
Server Latency< 45 ms (Equinix-class)
Customer Service
  • Live Chat 24/5
  • อีเมล
  • โทร AU/CN/TH
  • WeChat (จีน)
  • LINE TH
Asset Coverage
FX Pairs
60
Stocks CFD
12,000+
Indices
15
Commodities
16
Crypto
15
Platforms
4
Deposit / Withdrawal
Deposit methods
Visa/MastercardSkrillNetellerPayPalBitcoin/USDTLocal Thai BankWire
Withdrawal · within 24h
Local Thai BankVisa/MastercardWire TransferCrypto
Awards & Recognition
  • Brokers Choice Awards 2024 — Best APAC Broker
  • Global Forex Awards 2023 — Best Trading Conditions Oceania
  • Sydney Sevens Naming Sponsor 2023

People also ask

Is TMGM legit or a scam?

TMGM is a legitimate broker — founded in 2013 (13 years operating) from Sydney, Australia, licensed by 4 financial authorities including ASIC, FMA, VFSC, and reviewed 1,245 times with a 4/5 score. 87% of formal complaints are resolved, with only 5 active in the last 30 days. The "scam" claims you see online are almost always traders who lost money trading — not the broker refusing to pay withdrawals.

How fast are TMGM withdrawals in practice?

Official withdrawal time: within 24h · payout frequency: Daily. TMGM supports 4+ withdrawal methods including Local Thai Bank, Visa/Mastercard, Wire Transfer. Withdrawals to local Thai banks usually arrive within the published window — the most common delays come from incomplete KYC documents, not the broker.

Are my funds safe with TMGM? (segregated accounts, negative balance protection)

Yes — client funds are held in segregated accounts at top-tier banks, separate from the broker's operating capital. Negative-balance protection is in place, so even in a flash crash you cannot lose more than you deposited. Combined with 4 regulatory licences, this is institutional-grade fund protection.

Can I open a TMGM account from Thailand?

Yes — TMGM accepts traders from Thailand. Deposits and withdrawals to Thai bank accounts work via the supported methods (Visa/Mastercard, Skrill, Neteller, etc.). Thai retail traders are usually onboarded under the broker's international entity. Verify KYC requirements (passport / utility bill) before signing up to avoid withdrawal delays.

Can I use EA, scalping, hedging, and news trading on TMGM?

EA / Algorithmic trading: allowed · Scalping: allowed · Hedging: allowed · News trading: allowed · Copy trading: not available · Average execution: 45 ms · 17+ liquidity providers — fast enough for scalping and news strategies.

Is TMGM regulated in Thailand?

TMGM is licensed under ASIC, FMA, VFSC (4 regulators total) — these are Tier-1 international regulators (UK FCA, Australian ASIC, Cypriot CySEC class). No Thai retail forex broker is licensed by Thailand's SEC, because forex CFD retail trading is not formally regulated in Thailand — so traders typically use international Tier-1-regulated brokers like TMGM. The Tier-1 licence is what protects you legally.

Frequently asked questions about TMGM

TMGM is regulated by 4 authorities including ASIC, FMA, VFSC — Tier-1 globally, available in 100+ countries.

Yes — client funds are held in segregated accounts (separate from the company’s own money). Negative-balance protection is in place, so you can never lose more than you deposit. Combined with 4 licences (ASIC, FMA, VFSC), this is the standard institutional protection structure.

Minimum deposit $100 for the basic account · Spread from 0 pips · Max leverage 1:500 · Average execution 45 ms

Deposits via: Visa/Mastercard · Skrill · Neteller · PayPal · Bitcoin/USDT · Local Thai Bank · Withdrawal time within 24h

EA / Algo Trading supported · Scalping allowed · No Copy Trading · No Swap-Free

When you open a TMGM account through the TradingEdge link, you earn up to $9.40 per lot, paid directly to your broker account Daily — no impact on Spread or Execution.

Editorial verdict8.1 / 10

Our verdict on TMGM

13 years in market · regulated by ASIC, FMA, VFSC · scored 8.1/10

TMGM is a 13-year-old broker headquartered in Sydney, Australia, licensed by 4 authorities including ASIC, FMA, VFSC. Spreads start at 0 pips with average execution 45 ms via 17+ liquidity providers. Funds are segregated with negative-balance protection. Sign up through TradingEdge to earn the $9.40/lot rebate paid daily.

Risk Disclaimer

Trading Forex / CFDs / Futures involves high risk and may not be suitable for every investor. You may lose all your invested capital — 74-89% of retail traders lose money trading CFDs (per FCA / ESMA reports). Study each broker / prop firm’s rules and your own risk tolerance before deciding.

TradingEdge is an Affiliate / Introducing Broker only and does not provide investment advice. Information on this page is gathered from public sources and may change.

Ready to open an account at TMGM?

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