CFDs are leveraged. Most retail traders lose money, and you can lose more than you deposit.
Is it safe?

Is TMGM safe and legit?

Short answer, from public records

TMGM states licences from ASIC. We matched 1 on the regulator's own register (ASIC). We found no regulator warning naming the firm itself.

Watch to get warning alerts on My brokers.
TMGM reviewLicences, costs, platforms and accounts

Licences

Full broker page
  • ✓ On registerASIC 436416Trademax Australia Limited

Regulator warnings

All warnings

None naming the firm itself.

0 look-alike site warnings (these copy the name; they are not TMGM)

Real site: https://www.tmgm.com/

Trustpilot

Not read yet. Read on Trustpilot ↗

Scam red flags to check yourself

  • Someone contacts you first (WhatsApp, Telegram, Instagram, dating apps) and offers to trade for you.
  • Guaranteed or fixed returns, or “no-loss” accounts.
  • A web address that is close to, but not exactly, the broker's real site.
  • Pressure to deposit more before you can withdraw, or “tax/fees” to release your money.
  • The licence number on the site doesn't match the regulator's register, or the company name differs.

See Spotting scams in the Academy, or report a scam.

Questions

Is TMGM safe?

TMGM states licences from ASIC. We matched 1 on the regulator's own register (ASIC). We found no regulator warning naming the firm itself. We don't say whether a broker is safe for you. Check the licence number on the regulator's register before you deposit.

Is TMGM regulated?

TMGM states licences from ASIC. Which entity you sign up with depends on your country, and protections differ by regulator.

Are there fake TMGM websites?

We found no regulator warnings about look-alike sites for TMGM. Still type the address yourself: https://www.tmgm.com/

Which TMGM company holds the ASIC licence (Australia)?

Trademax Australia Limited, licence number 436416. We matched it on the regulator's own register. Check it yourself on the register: https://data.gov.au/data/dataset/asic-afs-licensee

Facts from public sources, not advice. Info may be out of date or wrong. Always check with the regulator before you trade.