TMGM Stock Broker Review
TMGM offers share CFDs and real equities on 10,000+ instruments via MT4, MT5, and IRESS under ASIC regulation - an Australian broker with genuine DMA equity access and a broad instrument range particularly popular with Asian traders.
Also reviewed as:
How TMGM ranks
Trust & Regulation
#4of 3
Fees & Spreads
#4of 3
Platforms & Tools
#1of 3
Customer Support
#1of 3
Min Deposit
$100
Commission/Trade
0 pips
Max Leverage
20:1
Founded
2013
HQ
Melbourne, Australia
Last Reviewed
May 3, 2026
TMGM Pros
- IRESS provides genuine DMA access to ASX, NYSE, LSE with live Level II market depth
- 10,000+ instruments including real equities - widest range among ASIC ECN-adjacent brokers
- ASIC regulated with strict client money segregation at Tier 1 banks
- MT4 and MT5 share CFDs available alongside IRESS DMA in one account
TMGM Cons
- IRESS DMA monthly fee is uneconomical for low-frequency equity traders
- No formal investor compensation scheme equivalent to FSCS or CySEC
- Real stock ownership only via IRESS - MT4/MT5 access is CFDs only
- Less well-known in Europe/US markets - primarily Asia-Pacific focused
TMGM Stock Broker Review
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.
TMGM Score Breakdown
3.8/ 53/440% of total score−0.2 below average#4 of 3
4.3/ 5- Top-tier regulator (FCA, ASIC, CFTC, etc.)
- Segregated client funds
- Negative balance protection
- Compensation scheme (e.g. FSCS)
0/130% of total score−0.9 below average#4 of 3
3.8/ 5- Commission-free trading
3/720% of total score+0.5 above average#1 of 3
4.3/ 5- Research tools
- Stock screener
- Mobile app
- Advanced charting tools
- Short selling available
- IPO access
- Global exchange access
0/510% of total score+0.2 above average#1 of 3
3.9/ 5- Fractional shares
- Dividend reinvestment (DRIP)
- Stocks & Shares ISA
- SIPP pension account
- Extended hours trading
Last reviewed: May 3, 2026
TMGM Stock Bonuses
No Stock bonuses available
TMGM does not currently have any active bonuses for stock trading. Check back later or explore other categories.
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TMGM Regulatory Licences
Verified regulation is a key factor in identifying a reliable choice for stock traders.
TMGM Stocks Trading Platforms
Compare the leading stock trading platforms supported by TMGM.
TMGM Markets & Instruments
Forex
Stocks
Commodities
Indices
Crypto
ETFs
Countries Where TMGM Is Available
Brazil
China
Spain
France
Nigeria
Netherlands
Australia
Germany
Singapore
South Africa
United Arab Emirates
Oman
Bahrain
Hong Kong
Indonesia
Malaysia
New Zealand
India
Italy
Kenya
Cambodia
Kuwait
Qatar
Philippines
Poland
Mexico
Saudi Arabia
Thailand
Myanmar
Taiwan
VietnamTrade these markets with TMGM
Explore live index charts and analysis available through TMGM.
Ready to trade with TMGM?
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Frequently Asked Questions About TMGM Stock Trading
TMGM is regulated by top-tier authorities including ASIC, VFSC. Client funds are held in segregated accounts at tier-1 banks, separate from company funds. Negative balance protection ensures clients cannot lose more than their deposited capital. Always verify the licence on the regulator's public register before depositing.
TMGM's minimum deposit is $100. Deposits are accepted free of charge via bank transfer, card, and selected e-wallets.
TMGM offers raw spreads from 0.0 pips with a commission of $7.00 per standard lot round-turn on the raw-spread account. Deposits are free on standard funding methods. No inactivity fee applies to dormant accounts.
TMGM customer support is available via live chat during trading hours (24 hours a day, Monday to Friday). Phone support is also available. Support is provided in multiple languages.
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