TMGMStock Broker ReviewHas commissions

TMGM for stocks: ASIC-regulated DMA equities with 10,000+ instruments

TMGM (TradeMax Global Markets) provides access to 10,000+ instruments including real equities via IRESS, share CFDs on MT4 and MT5, and the full range of forex and commodity products from a single ASIC-regulated account. The IRESS integration delivers genuine Direct Market Access (DMA) to the ASX, NYSE, LSE, and other major exchanges with live Level II market depth and direct routing.

IRESS for genuine DMA access

TMGM's IRESS integration provides institutional-grade direct exchange access, the same infrastructure used by professional brokers. ASX shares, US stocks, and other major market equities can be traded at exchange-level pricing with full market depth visibility.

MT4/MT5 share CFDs

For traders who prefer MetaTrader, TMGM provides share CFDs on 10,000+ global equities within the same account environment as forex. The instrument range is one of the widest available through an ASIC-regulated ECN-adjacent broker.

Trading costs

Standard share CFDs use variable spreads with commission. IRESS DMA has exchange commission plus a platform fee for lower-volume traders. Minimum deposit of $100 applies.

Regulation

TMGM is regulated by ASIC (Australia). The ASIC licence provides strict client money segregation at Tier 1 banks and negative balance protection.

Limitations

Real ownership via IRESS only, MT4/MT5 access is CFDs. IRESS monthly fee uneconomical for low-frequency equity traders. No investor compensation scheme equivalent to FSCS or CySEC.

Bottom line

TMGM is a strong ASIC-regulated choice for active equity traders, particularly in the Asia-Pacific region, who want institutional-grade DMA access via IRESS alongside the broadest MT4/MT5 share CFD range among Australian brokers.