TMGM Review 2026
Full TMGM review for Australia traders — regulation, spreads, fees and our honest verdict.
Regulation in Australia
| Regulator | ASIC ASIC — Australian Securities and Investments Commission (ASIC) |
| Licence Number | 436416 |
| Regulated Entity | TradeMax Australia Ltd |
| Max Leverage (Forex) | 1:30 |
| Minimum Deposit | $100 |
| EUR/USD Spread | From 0.0 pips (ECN/Raw) |
| Instruments | 12,000+ |
| Platforms | MT4, MT5, IRESS |
| Copy Trading | ✗ |
| Real Stocks | ✓ |
| Inactivity fee | No inactivity fee |
Verdict
Regulated by ASIC (licence 436416). Minimum deposit $100. In Australia: maximum forex leverage 1:30.
About TMGM
TMGM was founded in 2013 and is headquartered in Sydney, Australia. The broker offers 12,000 tradeable instruments including forex pairs, CFDs on stocks, indices and commodities. It is regulated across multiple jurisdictions with a primary licence held by TradeMax Australia Ltd under ASIC.
In Australia, TMGM operates as TradeMax Australia Ltd, authorised by ASIC under licence number 436416. Australia traders are subject to a maximum leverage of 1:30 on forex pairs under ASIC rules.
Trading Platforms
Pros
- ASIC regulated — licence 436416
- 12,000+ instruments to trade
- Negative balance protection in Australia
- Platforms: MT4, MT5, IRESS
- Real stock ownership (not CFD)
Cons
- No inactivity fee
- 76% of retail clients lose money
- CFD trading — you do not own the underlying asset
Frequently Asked Questions
Is TMGM regulated?
TMGM holds ASIC licence 436416, issued to the regulated entity {entity}. This is a real, verifiable licence recorded in the official ASIC public register.
What is the minimum deposit for TMGM in Australia?
The minimum deposit is $100. This is the amount required to open a live trading account for traders in Australia under ASIC regulation.
What leverage does TMGM offer in Australia?
In Australia, TMGM offers maximum forex leverage of 1:30 under ASIC rules. Higher leverage may be available through offshore-regulated entities.
Is TMGM safe to trade with?
TMGM is regulated by ASIC, which requires segregated client funds, negative balance protection and independent audits. Regulation does not eliminate trading risk, but it provides meaningful investor protection.
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