TMGM Journal

Journal status: live
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TMGM Profile
Year
2013
Country
Vanuatu
Branches
6
Regulation
VFSC Vanuatu
Registration
VFSC Vanuatu, ASIC Australia, FMA New Zealand
Investor protection
Fund protection
no
Publicly traded
no
Restricted in
Not serving
х US
Broker type
STP, DMA
Dealing book
A-book
Tier
3
Execution speed
30 ms
LPs total
7
LPs quality
Tier-1 Banks
LPs names
Citadel Securities, JPMorgan, Jefferies, Morgan Stanley, Nomura, OneZero, UBS

TMGM Accounts
STP
DMA
Minimum Deposit
100 $
100 $
Leverage
500 : 1
500 : 1
Minimum Lot
0.01 lots
0.01 lots
EURUSD spread
1 pips
0 pips
Commission
0 $/lotRT
7 $/lotRT
Volume
80 lots
80 lots
Margin Call
100 %
100 %
Stop Out
40 %
40 %
Execution
Market
Market
Spread
floating
floating
Scalping
Unlimited
Unlimited
Deposit & Fees
Deposit methods
Bank Wire, Credit Card, Debit Card, Skrill, Neteller, China UnionPay, Alipay, FasaPay, STICPAY, Broker to Broker
Base currency
USD, EUR, GBP, AUD, NZD, CAD
Segregated accounts
yes
Interest on margin
no
Inactivity fee
after 6 months
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Is TMGM safe?

  • Investor protection: no
  • Regulation: VFSC Vanuatu
  • Registration: VFSC Vanuatu, ASIC Australia, FMA New Zealand
  • Publicly traded: no
  • Segregated account: yes
  • Guaranteed Stop Loss: no
  • Negative Balance Protection: no

Is TMGM trusted?

  • Information transparency: sufficient ★★★
  • Customer service: prompt, helpful ★★★★★
  • TMGM website: highly detailed, updated ★★★★★
  • TMGM popularity (by visitor count): average ★★★

How TMGM works



Whether Trademax Global is acting as an agency or market maker, Trademax Global always treats clients fairly, transparently and professionally. We have a dedicated team which is always in search for venues of better pricing and executions. Trademax Global runs on no dealing desk model (i.e., we process 100% of our client’s trades without manual intervention), so as to provide clients with instant execution and ensuring all clients orders receive best prices possible.

Trademax Global only works with the best Prime of Prime liquidity providers, connecting investment banks and non-bank market makers.

Trademax Global understands that clients trade differently and have different requirements of the trading environment. Hence Trademax Global actively works with liquidity providers to create different pricing and execution streams. This could be achieved via the liquidity software by aggregating and dispatching the orders among liquidity provided by all liquidity counterparties of Trademax Global on a best-executed-price basis (ECN Connection). Executable Streaming Prices (ESP) are sent from Trademax Global’ s liquidity providers to our ECN environment where clients can trade with no dealing desk, price manipulation or requotes.


2.1 Principal

In our dealings with you, we will act as principal and not as agent on your behalf. Accordingly, we will be the counterparty to all of your trades.

(a) Principal: we act under the Agreement as a principal, and accordingly, set the applicable price at which we are prepared to deal with you;

29. DISCLOSURE OF ANY RELEVANT CONFLICTS OF INTEREST
We do not have any relationships or associations which might influence us when providing you with our services. We act as a principal to each transaction and have a direct exposure to each other.

We may set off any amount owing by you (including any negative balance in one or more Accounts) against any amount We owes you in any other Account, without notice




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