TMGM
ASIC
FMA
VFSCTMGM (TradeMax Global Markets) Founded in 2013 and headquartered in Sydney, TMGM is a leading multi-asset broker regulated by ASIC, offering access to forex, indices, precious metals, energies, cryptocurrencies, and over 12,000 stock CFDs. Supporting MT4, MT5, and the IRESS platform, TMGM provides spreads from 0.0 pips and leverage up to 1:500. As an official multi-year sponsor of the NBA's Brooklyn Nets, TMGM demonstrates its growing global brand presence and commitment to excellence.
Data, terms and limitations
- Data source
- Broker records maintained by Cloud Speed
- Term verification
- No item-by-item verification record supplied
XAUUSD: Per-lot cost example
Displayed account: STD
Spread cost + commission - rebate = estimated net cost
$20/lot + $0 - $14/lot = $6/lot
Uses the displayed account and instrument data in USD per lot. Excludes swaps, slippage, conversion and funding fees. Confirm whether commission is quoted per side or for the full trade; these figures are not a live quote or a profit guarantee.
Before relying on a rebate, confirm the referral link, account type, legal entity, country eligibility, qualifying trades and payment schedule with the broker or partner. A payment frequency in the table is not evidence of a completed payout.
Trading Cost Overview
Displayed account: STD
| Instrument | Spread Cost | Commission | Swap Long | Swap Short | Rebate | Net Cost |
|---|---|---|---|---|---|---|
| XAUUSD | $20/lot | $0 | 0 | 0 | $14/lot | $6/lot |
| EURUSD | $3/lot | $0 | 0 | 0 | $3/lot | $0/lot |
| GBPUSD | $14/lot | $0 | 0 | 0 | $3/lot | $11/lot |
| USDJPY | $8/lot | $0 | 0 | 0 | $3/lot | $5/lot |
Account Types
| Account Type | Min Deposit | Base Currency | Leverage | Commission | Swap Type |
|---|---|---|---|---|---|
| Classic | 100 | USD, EUR | 1:500 | 0 | Swap-free available |
| Edge | 100 | USD, EUR | 1:500 | 7 | Swap-free available |
Execution Details
Max Leverage
Not provided
Margin Call / Stop-out
80% / 50%
Execution Type
Market
Platforms
Markets
Rebate Details
| Account | Instrument | Rebate | Auto Rebate | Rebate Cycle |
|---|---|---|---|---|
| STD | XAUUSD | $14/lot | Yes | Weekly |
| STD | EURUSD | $3/lot | Yes | Weekly |
| STD | GBPUSD | $3/lot | Yes | Weekly |
| STD | USDJPY | $3/lot | Yes | Weekly |
Regulation & Safety
| Regulator | Entity | License ID | Jurisdiction | Protection |
|---|---|---|---|---|
| ASIC | Trademax Australia Limited | ABN 76 162 331 311 | Australia | Segregated accounts |
| FMA | TMGM Ltd | Not provided | New Zealand | Segregated accounts |
| VFSC | TradeMax Global Limited | 40356 | Vanuatu | Segregated accounts |
TMGM score-based review
TMGM currently scores 7.7/10 on Cloud Speed. The strongest signal is Cost, while Regulation is the area traders should review more carefully before opening an account.
Weights: regulation 30%, cost 30%, execution 15%, transparency 10%, tools 10%, risk model 5%. Missing sub-scores currently default to 6/10. Scores are comparison aids, not independent safety certifications.
Strongest signals
Cost scores 8.0/10, which is one of the stronger parts of the TMGM profile.
Execution scores 8.0/10, which is one of the stronger parts of the TMGM profile.
What to verify
Regulation scores 7.3/10, so traders should confirm the latest broker terms instead of relying on one headline metric.
Risk model scores 7.5/10, so traders should confirm the latest broker terms instead of relying on one headline metric.
Who it may fit
TMGM is most useful to compare when you care about XAUUSD net cost ($6/lot), platform support (MT4, MT5, Copytrading), minimum deposit (Not provided), and automatic rebate handling.
Opening checklist
- Confirm the account entity and regulation references: ASIC, FMA, VFSC.
- Check whether your country, account type, and platform qualify for the displayed rebate.
- Confirm deposit, withdrawal, leverage, stop-out, and rebate payout terms before funding.
TMGM trading cost and rebate notes
TMGM is listed with XAUUSD cost data showing $20/lot spread cost, $14/lot rebate, and an estimated $6/lot net cost. These figures help traders compare the practical cost after rebates instead of looking at spread or rebate in isolation.
TMGM supports MT4, MT5, Copytrading and covers markets such as XAUUSD, EURUSD, GBPUSD, USDJPY. Traders should first confirm that the broker supports the platform, account type, and instrument they actually plan to trade.
TMGM regulation references include ASIC, FMA, VFSC. Regulation, licensed entity, regional eligibility, funding rules, and withdrawal terms should all be reviewed before opening an account.
Frequently asked questions
Rating Breakdown
TMGM
Up to $14.00/lot rebate