CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
Broker profile

TMGM

FSCA · No FSCA licence found

TRADEMAX AUSTRALIA LIMITED

At a glance

Licences1 regulators1 on a register · incl. top-tier
WarningsNone about itNo copycats found
CostsFrom 0.0Min deposit $100

Licences and regulators

ASIC436416
TRADEMAX AUSTRALIA LIMITED
On the register

“On the register” means we found this number on the regulator's own list. The FSC Mauritius register shows no licence numbers, so there we match by name and label the number “broker says”. “Claimed by broker” means the broker's site states it and we couldn't check that register automatically. Info may be out of date or wrong. Always check with the regulator before you trade.

Company facts

Websitetmgm.com
Head office (country)Australia
Founded–
Support emailsupport@tmgm.com.au (source)
Legal entities namedTRADEMAX AUSTRALIA LIMITED

From the broker's own website. Scammers copy contact details, so use the website and email shown on the regulator's register.

Licence details by regulator

RegulatorEntity · numberStatusWhat it covers
ASICTRADEMAX AUSTRALIA LIMITED · 436416On the registerPermitted activities are listed on the ASIC register ↗.

A licence only covers the entity and country named. Check which entity your account is with: it's in the client agreement.

Check other warning sources

  • IOSCO I-SCAN ↗Warnings from regulators worldwide. Search for “TMGM” and “Trademax Australia Limited”.
  • FCA Final Notices ↗UK fines and bans (Publications → Notices and decisions → Final notices). Search for “TMGM” and “Trademax Australia Limited”.
  • ASIC enforcement ↗Australian media releases on court action and bans. Search for “TMGM” and “Trademax Australia Limited”.
  • CySEC decisions ↗Cyprus board decisions and fines. Search for “TMGM” and “Trademax Australia Limited”.
  • CFTC RED list ↗Foreign firms acting as if US-registered. Search for “TMGM” and “Trademax Australia Limited”.
  • NFA BASIC ↗US futures and forex firm records and actions. Search for “TMGM” and “Trademax Australia Limited”.

Change log

No alerts or corrections for TMGM yet. All fixes are in the corrections log.

Accounts and platforms

Account typesEDGECLASSIC
PlatformsMT4MT5
Lowest spread0.0EDGE; CLASSIC from 1.0
Commission$7EDGE, per round turn on currency pairs
Min deposit$100Comparison table; another part of the page says $50
Max leverage1:30Australian site (retail)

TMGM: questions and answers

Which licences does TMGM name?

We can't tell you whether to trust a broker. Here is what public sources show. TMGM names licences from ASIC. 1 of these was found on the regulator's own register. Always check the regulator's register yourself.

Is TMGM regulated by the FSCA?

We didn't find an FSCA licence (FSP number) for TMGM.

Are there regulator warnings about TMGM?

We found no warning about TMGM itself on the lists we check (FSCA, FCA, CySEC, AMF, ASIC, CONSOB, CSA).

What is TMGM's Trustpilot rating?

We haven't recorded a Trustpilot score for TMGM yet.

What is the minimum deposit at TMGM?

$100 (Comparison table; another part of the page says $50), as published by TMGM.

Facts from public sources, not advice. We don't rate or recommend brokers.

Trader reviews of TMGM

Deposits & withdrawals (optional) Platform (optional) Support (optional)

Reviews are moderated. No links, phone numbers or "fund recovery" offers. Those are a common scam. Reviews are traders' own views, not ours, and not advice.