TMGM is a forex and CFD broker that offers various instruments. It also promises transparency and security to its customers.
The broker offers a choice of trading instruments, including forex, gold and silver, stocks, indexes, and crypto. It also has an easy-to-use platform with a mobile app.
Spreads
TMGM offers low spreads and competitive fees across all of its account types. The Classic account type can offer spreads as low as 1 pip, while the Edge account has fixed commissions and raw spreads starting at 0.0 pips.
The broker also has several different trading platforms and is regulated by ASIC in Australia, FSP in New Zealand, and Vanuatu Financial Services Commission. This ensures that the platform offers secure trading conditions and is reliable.
TMGM is an Australian-based forex broker that has a solid reputation for offering a range of services and products. It is regulated by ASIC in Australia and New Zealand. It has additional safeguards, such as segregated funds to protect customers’ assets in the unlikely event that the broker goes bust.
Trading conditions
TMGM’s best forex broker is a licensed and regulated broker that offers an extensive range of trading conditions and tools. It also provides support in multiple languages.
Traders can choose from two account types – Classic and Edge – which cater to different levels of experience and trader goals. The Classic account is commission-free with floating spreads from 1.0 pips, while the Edge account has fixed spaces starting from 0.0.
TMGM is an ECN broker, which means the company matches your buy and sell orders with those from other market participants. This provides you with lightning-fast trade executions and deep market liquidity. It offers various trading instruments, including CFDs on forex pairs, indices, and commodities.
Customer service
TMGM has an extensive customer service team that is available around the clock. They offer live chat, email, telephone, WhatsApp, and Telegram support in over 10 languages to help you quickly resolve your queries.
Moreover, TMGM offers a demo account so you can try out their products before risking any money. Once you’re comfortable using their trading platforms, it’s time to open a real account.
Security is a crucial concern at TMGM. They keep client funds in tier-one significant banks and are compliant with multiple bodies of oversight.
TMGM also offers a compensation scheme to protect clients’ losses if the company is forced into liquidation or bankruptcy. Although this is not required by any regulator, it shows a high level of professionalism and is a welcome step toward protecting customers’ interests.
Minimum deposit
TMGM provides a wide range of forex pairs and CFDs with high leverage. This broker is based in Australia and offers clients a variety of deposit methods and safe trading conditions.
Traders can also open a demo account with this broker to practice their skills. The company also offers reliable customer support via various channels and in 10 languages.
Aside from its wide selection of currency pairs, TMGM offers access to CFDs on several other assets. These include cryptocurrencies, energy, and metals.
The broker offers a choice of two account types – Classic and Edge. The former only charges spread, while the latter comes with commissions.
Unlike many brokers, TMGM keeps client monies separate from those used to fund the company’s operating capital. This ensures that the firm’s underlying business activities are not compromised and prevents accounting errors.