TMGM Cashback Rebates

 

Overall, TMGM offers cashback on the Classic and Edge Accounts of between $1 and $2.

 

🔎 Account🥇 Classic Account🥈 Edge Account
📈 Forex$1 per lot$2 per lot
💎 Precious Metals$1 per lot$2 per lot
💴 Payment FrequencyMonthlyMonthly

 

TMGM Cashback Rebates

 

How to Open a Forex Cashback Account with TMGM (via SAShares)

 

You can follow these steps to register for a Forex Cashback Account with TMGM via SAShares.

 

 

For New Accounts

 

If you do not have an existing account with TMGM, you can easily obtain a cashback rebate in three easy steps.

 

Step 1: Visit the TMGM website and click “Open New Account.”

Step 2:  Submit your Trading ID to us: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: New TMGM Rebate Application

 

“Dear SAShares Team,

Please view my TMGM Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

Step 3:  Wait for approval, which will be sent within [number of hours]. Once approval is given, you will automatically receive your cashback rebates from the TMGM system.

 

For Existing Accounts

 

If you have an existing TMGM account, you can get a cashback rebate by following these easy steps.

 

Step 1:  Send an email to TMGM: [email protected]

Request that the broker transfer the trading account under the following SAShares Affiliate ID: [SAShares]

 

For Example:

 

To: [SAShares]

Subject: Account Transfer Request

 

“Dear TMGM Partner/Affiliate Team,

I would hereby like to request that my account be transferred to IB/Partner/Affiliate code [SAShares Code]. Furthermore, I would hereby like to request to be assigned under the mentioned IB regardless of whether my account falls under an umbrella or parent IB.”

 

Step 2:  Once you receive confirmation of the transfer from TMGM, you can create an additional trading account.

Step 3:  Lastly, you can send your Trading or Client ID to [SAShares].

 

For Example:

 

To: [SAShares]

Subject: New TMGM Rebate Application

“Dear SAShares Team,

Please view my TMGM Client ID: 12345 (Your Account, Client, or Trading ID] and inform me whether my rebate application has been accepted.”

 

How to Open a Forex Cashback Account with TMGM (via SAShares)

 

Number of Traders participating in TMGM Cashback Rebates

 

TMGM has a presence in more than 150 countries. However, it is not clear how many registered traders currently participate in the rebates program.

 

Geolocation of Traders

 

Most of TMGM’s market share is concentrated in these areas:

 

  • ✅ China – 29.18%
  • ✅ Malaysia – 17.86%
  • ✅ Taiwan – 10.98%
  • ✅ Vietnam – 5.68%
  • ✅ Hong Kong – 4.74%

 

 

TMGM’s Current Expansion Focus

TMGM is currently expanding across Australia, New Zealand, and Europe.

 

Countries not accepted by TMGM

TMGM does not currently accept clients from the United States.

 

Popularity among traders who choose TMGM

TMGM is one of the top 1,000 CFD and Forex Brokers globally.

 

Number of Traders participating in TMGM Cashback Rebates

 

Detailed Summary of TMGM

 

🔎 HeadquarteredSydney Australia
🌎 Global OfficesAustralia, Vanuatu, New Zealand
💹 Year Founded2013
📈 RegulationASIC, FMA, VFSC
📉 Regional RestrictionsThe United States
☪️ Islamic Account✅ Yes
🆓 Demo Account✅ Yes
▶️ Non-expiring Demo✅ Yes
⏩ Demo DurationUnlimited
📌 Retail Investor Accounts5
📍 PAMM AccountsMAM
💧 Liquidity ProvidersUnknown, more than 10
🥰 Affiliate Program✅ Yes
💻 Order ExecutionMarket
🖥️ OCO Orders✅ Yes
🫰🏻 One-Click Trading✅ Yes
📈 Scalping Allowed✅ Yes
📉 Hedging Allowed✅ Yes
📰 News Trading Allowed✅ Yes
📊 Expert Advisors (EAs) Allowed✅ Yes
🖇️ Trading API✅ Yes
💴 Cashback Forex Calculator offeredNone
💵 Cashback Forex Lot Size CalculatorNone
💶 Cashback Forex Compounding CalculatorNone
💱 Starting spread0.0 pips EUR/USD
💷 Minimum Commission per Trade$7
💹 Decimal Pricing5th decimal pricing
📈 Margin Call100%
⛔ Stop-Out40%
📉 Minimum Trade Size0.01 lots
📊 Maximum Trade Size80 lots
🪙 Crypto trading offered✅ Yes
📌 Maximum Leverage1:500
📍 Leverage RestrictionsNone
💰 Minimum Deposit (USD)$100
💴 Deposit CurrenciesUSD, EUR, GBP, AUD, NZD, CAD, CNY, MYR, THB, IDR, VND
💵 Account Base Currencies (All)USD, EUR, GBP, AUD, NZD, CAD
👥 Active TMGM customersUnknown
⏰ Minimum Withdrawal Time1 Working Day
🕰️ Maximum Estimated Withdrawal Time1 Working Day
💳 Instant Deposits and Instant WithdrawalsNone
↪️ Segregated Accounts✅ Yes
➡️ Trading Platform TimeGMT +3
📌 Observe DST ChangeNone
💖 Customer Support LanguagesMultilingual
➕ Copy Trading SupportNone
⏰ Customer Service Hours24/7
🎁 Bonuses and PromotionsNone
🖍️ Education for beginners✅ Yes
💻 Proprietary trading software✅ Yes
🖥️ Is TMGM a safe broker for traders✅ Yes
↪️ Rating for TMGM8/10
➡️ Trust score for TMGM79%

 

Detailed Summary of TMGM

 

TMGM Rebates Summary

 

  • ✅ TMGM has an overall rating of 4.8 / 5
  • ✅ TMGM has a Real Customer Rating of 4.7 / 5

 

TMGM Cashback Forex Conditions

 

  • ✅ Certain traders might not be eligible for rebates because of their country of residence.
  • ✅ There might be trading volume requirements imposed.
  • ✅ Traders are limited to earning rebates on forex and metals.

 

TMGM Additional Notes on Cashback Rebates

 

  • ✅ TMGM offers rebates of up to $2 through its Introducing Broker partnership.
  • ✅ Traders can expect monthly payments.

 

 

TMGM Rebates Summary

 

Advantages that TMGM has over Competitors

 

TMGM has the following advantages over its competitors:

 

  • ✅ TMGM allows traders to trade five asset classes, forex, commodities, indices, shares, and cryptocurrencies. This variety allows traders to diversify their portfolios and exploit various market conditions.
  • ✅ TMGM allows traders to use automated trading strategies, which can be programmed to execute trades based on predefined criteria. This feature allows traders to exploit market opportunities while freeing up their time.
  • ✅ TMGM offers negative balance protection, ensuring traders cannot lose more than their account balance. This feature safeguards traders from losses that may exceed their initial deposit and provides peace of mind.
  • ✅ TMGM offers investors the popular HUBx trading platform, which is highly intuitive and user-friendly. In addition, the platform provides traders with access to advanced charting tools, real-time market news, and customizable indicators, among other features.

 

 

All client funds are held in segregated accounts, ensuring they are separated from the broker’s funds. This measure provides an extra layer of security for clients’ funds, reducing the risk of loss in the event of the broker’s insolvency.  TMGM provides its clients with free analytics and online tools to improve the quality of their trading.

 

Who will Benefit from Trading with TMGM?

 

Trading with TMGM can be beneficial for a wide range of traders, including:

 

  • ✅ TMGM’s intuitive and user-friendly trading platform, free educational resources, and market analysis tools make it an excellent choice for beginners looking to learn about trading and hone their skills.
  • ✅ Experienced traders can benefit from TMGM’s diverse range of asset classes, tight spreads, and advanced charting tools, which allow for in-depth technical analysis and more precise trade execution.
  • ✅ TMGM’s fast execution speeds, automated trading options, and negative balance protection make it an ideal broker for active traders looking to capitalize on short-term market movements.
  • ✅ TMGM’s diverse range of asset classes, including stocks and cryptocurrencies, allows for long-term investment strategies that can provide potential returns over a longer period.

 

 

TMGM’s negative balance protection, segregated accounts, and strict regulatory compliance make it a safe and secure option for traders who prioritize risk management and capital protection.

 

Advantages that TMGM has over Competitors

 

TMGM Regulation and Safety of Funds

 

TMGM Global Regulations

 

🔎 Registered Entity🌎 Country of Registration📌 Registration Number📍 Regulatory Entity📈 Tier📊 License Number/Ref
1️⃣ Trademax Global LimitedVanuatuN/AVFSC340356
2️⃣ Trademax Global Markets (NZ) LimitedNew ZealandN/AFMA1FSP 569807
3️⃣ Trademax Australia LimitedAustraliaABN 76 162 331 311ASIC1ACN 162 331 311

 

How TMGM Protects Traders and Client Funds

 

🔎 Security Measure📌 Information
🔒 Segregated Accounts✅ Yes
🗝️ Compensation Fund Member✅ Yes
🔏 Compensation Amount5 million AUD
🔐 SSL Certificate✅ Yes
🔑 2FA (Where Applicable)None
🔓 Privacy Policy in Place✅ Yes
🔒 Risk Warning Provided✅ Yes
🗝️ Negative Balance Protection✅ Yes
🔏 Guaranteed Stop-Loss OrdersNone

 

TMGM Regulation and Safety of Funds

 

How to open an Account with TMGM

 

To register a live trading account with TMGM, you can follow these steps:

 

  • ✅ Go to the TMGM website at www.tmgm.com and click the “Open an Account” button.
  • ✅ You must provide your personal information, including your name, email address, phone number, and country of residence.
  • ✅ After submitting the registration form, you will receive an email or SMS verification code. Enter the code in the appropriate field to verify your account.
  • ✅ You will be asked to provide additional information, such as your date of birth, address, and tax residency.
  • ✅ You must answer a few questions to determine your trading experience and knowledge. This will help TMGM assess whether their products and services suit you.
  • ✅ You must provide a copy of your government-issued ID (passport or driver’s license) and proof of address (utility bill or bank statement).
  • ✅ Select the type of account that suits your needs, whether Standard, Pro, or Islamic.

 

 

You can fund your account through several payment options, including bank transfer, credit/debit card, and e-wallets.  Once your account is verified and funded, you can start trading on TMGM’s platform.

 

How to open an Account with TMGM

 

TMGM Account Types and Features

 

TMGM Classic Account

 

💴 Minimum Deposit$100
💵 Base Account Currency OptionsUSD, EUR, GBP, AUD, NZD, CAD
📈 Minimum Spreads1 pip
📉 Commission FeesNone, only the spread is charged
📊 Minimum Trading Size0.01 lots
📌 Maximum Trading Size80 lots
📍 Maximum Leverage1:500
💹 Margin Call100%
⛔ Stop-Out40%
💻 Server LocationNew York (NY4), Tokyo (TY3)
🖥️ Expert Advisors Allowed✅ Yes
📈 Scalping Allowed✅ Yes
📰 News Trading Allowed✅ Yes
📉 Hedging Allowed✅ Yes
☪️ Swap-Free Islamic Account Available✅ Yes

 

TMGM Edge Account

 

💴 Minimum Deposit$100
💵 Base Account Currency OptionsUSD, EUR, GBP, AUD, NZD, CAD
📈 Minimum Spreads0.0 pips
📉 Commission FeesNone, only the spread is charged
📊 Minimum Trading Size0.01 lots
📌 Maximum Trading Size80 lots
📍 Maximum Leverage1:500
⏩ Margin Call100%
⛔ Stop-Out40%
🚩 Server LocationNew York (NY4), Tokyo (TY3)
⚙️ Expert Advisors Allowed✅ Yes
📈 Scalping Allowed✅ Yes
📰 News Trading Allowed✅ Yes
💹 Hedging Allowed✅ Yes
☪️ Swap-Free Islamic Account Available✅ Yes

 

TMGM IRESS Standard

 

  • ✅ Minimum Deposit:  $5,000 USD
  • ✅ Platform Fee:  35 USD / 45 AUD per month (waived after 10 trades per month)
  • ✅ Data Fee:  For every exchange

 

🔎 Currency1️⃣ US2️⃣ AU3️⃣ UK4️⃣ HK5️⃣ SG6️⃣ CN
💴 Commission rate (CPS)2.5 USD8 AUD8 GBP25 HKD15 SGD70 JPY
💵 Minimum Commissions10 USD8 AUD10 GBP50 HKD15 SGD100 JPY
📉 Minimum Trade Size333 Shares10,000 face value12,500 Face Value20,000 Face Value10,000 Face Value14,285.71 Face Value
💰 FinancingLibor +3.5% / -3.5%Libor +3.5% / -3.5%Libor +3.5% / -3.5%Libor +3.5% / -3.5%Libor +3.5% / -3.5%Libor +4% / -4%

 

TMGM IRESS Premium

 

  • ✅ Minimum Deposit: $10,000
  • ✅ Platform Fee:  None of the trades are placed
  • ✅ Data Fee:  For every exchange but waived after 10 trades for the month

 

💴 Currency1️⃣ US2️⃣ AU3️⃣ UK4️⃣ HK5️⃣ SG6️⃣ CN
💵 Commission rate (CPS)2 USD7 AUD7 GBP22 HKD60 SGD60 JPY
💷 FinancingLibor +3.5% / -3.5%Libor +3.5% / -3.5%Libor +3.5% / -3.5%Libor +3.5% / -3.5%Libor +3.5% / -3.5%Libor +3.5% / -3.5%

 

TMGM IRESS Gold

 

  • ✅ Minimum Deposit:  $50,000
  • ✅ Platform Fee:  None of the trades are placed
  • ✅ Data Fee:  For every exchange but waived after 10 trades for the month

 

💴 Currency1️⃣ US2️⃣ AU3️⃣ UK4️⃣ HK5️⃣ SG6️⃣ CN
💵 Commission rate (CPS)1.8 USD6 AUD6 GBP18 HKD11 SGD50 JPY
💶 FinancingLibor +2.5% / -2.5%Libor +2.5% / -2.5%Libor +2.5% / -2.5%Libor +2.5% / -2.5%Libor +2.5% / -2.5%Libor +3% / -3%

 

TMGM Account Types and Features

 

TMGM Demo Account

 

The TMGM demo account is designed for traders who want to test the functionality of the trading platform and explore the pricing of various financial instruments, such as forex, indices, shares, cryptocurrencies, and commodities.

This account is risk-free and uses virtual funds to simulate trading activities, including profits and losses.  Traders must note that the TMGM demo account has an expiration period of 1 year. Therefore, if there is no activity for 6 months, the account may be disabled due to inactivity.

However, traders can request to add additional funds to the demo account at any time. This allows traders to practice trading in a simulated environment without risking real money, helping them gain confidence and experience before trading with real funds.

 

TMGM Demo Account

 

TMGM Islamic Account

 

TMGM Swap Free Account is specifically designed for clients whose religious beliefs prohibit the receipt or payment of interest. This account is available for both Edge and Classic account types. Additionally, Swap Free Accounts do not charge any interest or swap fees on overnight positions.

 

However, for some instruments, there may be a small financing fee as follows:

 

  • ✅ The financing fee for major and minor forex pairs is waived, while for other instruments, such as Oil and gas, the fee is $10 per lot.
  • ✅ For exotic forex pairs in TRY, the fee is $100 per lot, while for all other exotic forex pairs, the fee is $20 per lot.

 

 

Furthermore, the financing fee is charged in USD per lot on positions held overnight. For non-USD currency accounts, the USD exchange rate will be used at the time of charging.  Moreover, TMGM Swap Free Accounts are available to clients in several countries.

 

TMGM Islamic Account

 

TMGM Trading Platforms

 

TMGM offers traders a choice between these trading platforms:

 

  • ✅ MetaTrader 4
  • ✅ IRESS
  • ✅ HUBx

 

 

TMGM MetaTrader 4

 

The financial market analysis tools available on the MT4 platform make it one of the most widely used trading platforms. With live price feeds, technical charts, analytical tools, and up-to-date financial news, traders can stay informed about market activity.

 

TMGM MetaTrader 4

 

TMGM IRESS

 

IRESS ViewPoint is a dynamic, web-based trading platform that provides traders access to full market depth, an enhanced in-house charting system, and live news flows across multiple product types and exchanges.

Furthermore, with real-time market data and access to 130+ markets, IRESS offers a seamless digital trading experience.

 

TMGM IRESS

 

TMGM HUBx

 

TMGM’s HUBx platform was designed with fund managers and their clients in mind, providing advanced portfolio adjustment tools, smart logs, and journals to track all important transaction information.

Furthermore, this bespoke platform offers a transparent environment for clients to monitor their trading performance and intuitively manage their investments.

 

TMGM HUBx

 

Which Markets Can You Trade with TMGM?

 

Traders can expect the following range of markets from TMGM:

 

  • ✅ Forex
  • ✅ Shares
  • ✅ Precious Metals
  • ✅ Cryptocurrencies
  • ✅ Energies
  • ✅ Indices

 

 

Financial Instruments and Leverage offered by TMGM

 

🔎 Instrument🅰️ Number of Assets Offered🅱️ Max Leverage Offered
📈 Forex55VFSC-regulated – 1:500

FMA-regulated – 1:200

ASIC-regulated – 1:30
📉 Shares50+VFSC-regulated – 1:10

FMA-regulated – 1:100

ASIC-regulated – 1:10
💎 Precious Metals3VFSC-regulated – 1:400 (Silver/Platinum – 1:100)

FMA-regulated – 1:200

ASIC-regulated – 1:20
🪙 Cryptocurrencies12VFSC-regulated – 1:20

FMA-regulated – 1:5

ASIC-regulated – 1:2
💡 Energies2VFSC-regulated – 1:100

FMA-regulated – 1:100

ASIC-regulated – 1:10
📊 Indices15VFSC-regulated – 1:100

FMA-regulated – 1:100

ASIC-regulated – 1:20

 

Which Markets Can You Trade with TMGM

 

TMGM Trading and Non-Trading Fees

 

TMGM Spreads

 

The most traded currency pair, the Euro to US Dollar, has a spread of 1.0 pips on the Classic account. The Edge account also offers much better pricing. This account from TMGM is priced competitively, with a zero-pip spread on major crosses like the EUR/USD.

 

TMGM Commissions

 

TMGM does not charge commission fees on the Classic Account but commissions from $3.5 per side and $7 per round turn on the Edge Account.

 

TMGM Overnight Fees, Rollovers, or Swaps

 

TMGM Swap Fees, also known as overnight financing or rollover fees, are charges applied to open positions held overnight.  Furthermore, these fees are based on the interest rate differential between the currencies of the traded pairs. They are applied to any position that is open past 00:00 server time.

The overnight financing fee is a debit for buy positions, and for sell positions, it is a credit. Several factors, including the current market interest rates, the size of the position, and the holding period, determine the fee amount.

TMGM offers a Swap Free Account option for clients who cannot receive or pay the interest due to religious beliefs. However, this type of account may have financing fees for certain instruments.

 

TMGM Deposit, Withdrawal, Inactivity, and, Currency Conversion Fees

 

TMGM does not charge any deposit or withdrawal fees.  TMGM charges a 30 USD inactivity fee when traders allow their trading accounts to become dormant after 6 months.  Currency conversion might apply when traders deposit and withdraw in currencies other than their base account currency.

 

TMGM Trading and Non-Trading Fees

 

TMGM Deposits and Withdrawals

 

TMGM offers the following deposit and withdrawal methods:

 

  • ✅ Debit/Credit Card
  • ✅ Revolut
  • ✅ Wise
  • ✅ Bank Transfer
  • ✅ Neteller
  • ✅ Skrill
  • ✅ UnionPay
  • ✅ RMB Instant

 

 

and many more!

 

How to Deposit Funds with TMGM

 

To deposit funds to an account with TMGM, traders can follow these steps:

 

  • ✅ Log in to your TMGM account.
  • ✅ Click on the “Deposit” button, which can be found in the top right-hand corner of the screen.
  • ✅ Select the deposit method you prefer, such as bank transfer, credit card, debit card, or one of the e-wallets offered by TMGM.
  • ✅ Follow the instructions for the selected deposit method and enter the required details, such as the amount you wish to deposit and your payment details.

 

 

Review the details and confirm the transaction.  Once the deposit is successful, the funds will be credited to your trading account, and you can start trading.

 

TMGM Fund Withdrawal Process

 

To withdraw funds from an account with TMGM, traders can follow these steps:

 

  • ✅ Log in to your TMGM account using your username and password.
  • ✅ Click the “Withdraw Funds” button in the “My Account” section.
  • ✅ Choose the account you wish to withdraw funds from.
  • ✅ Enter the amount you wish to withdraw and select your preferred withdrawal method.

 

 

Fill in the required information for the chosen withdrawal method.  Confirm the transaction and submit the request.

 

TMGM Deposits and Withdrawals

 

TMGM Customer Support

 

TMGM provides customer support through multiple channels, including:

 

  • ✅ TMGM offers 24/7 live chat support where clients can chat with a customer support representative in real-time.
  • ✅ TMGM provides phone support to clients in multiple languages, including English, Chinese, Indonesian, and Thai. The support is available 24/5.
  • ✅ Clients can also email [email protected] and receive a response within 24 hours.
  • ✅ TMGM offers remote assistance to clients through TeamViewer.

 

 

TMGM has offices in multiple locations. Clients can visit these offices for in-person support from a customer support representative.

 

Customer Support – Live Chat Questions and Answers

 

We tested TMGM’s live chat by asking them some of the most common FAQs prospective traders might have, and we have recorded their answers below. Answers are verbatim but edited for spelling and grammar.

 

How quickly will I receive my sign-up bonus?

“We are currently not offering a sign-up bonus. Instead, we are offering the TMGM Rewards Promotion, which is like a loyalty scheme. You will receive points based on your trading volumes which you can redeem for cash back or electronic items.”

 

How can I manage my trading risk when I sign up?

“All accounts with TMGM will receive a margin call at 80%, and trades will be stopped at 40%.    A margin call occurs when you do not have enough funds to cover the losses of open positions. This is an important feature of a trading platform, to ensure your losses are limited.”

 

Do you recommend leverage?

“We do not recommend which leverage you should have on your account. Depending on your country of residence, you may have a leverage of 1:500 for trading forex. ”

 

Which Forex Rebate Trading Strategy should I try as a beginner?

“Unfortunately, we cannot recommend trading strategies or offer advice.”

 

Do you provide compensation to eligible clients?

“Yes, we have Professional Indemnity Insurance for such occurrences.”

 

What is your requote policy?

“TMGM provides its clients with ECN pricing; therefore, you will not receive requotes.”

 

How do you protect client data and information?

“The privacy of our customers is something we take extremely seriously, and we have procedures to safeguard the information we request. You can view our privacy policy which outlines how we handle your personal information.”

 

What execution speeds can I expect, and what is your execution policy?

“You can expect execution speeds of less than 30 milliseconds.”

 

How do you handle customer complaints?

“Please refer to our Compliant Handling Policy Trademax Global – Complaint Handling Policy.pdf (tmgm.com)”

 

What is the recommended initial deposit?

“The minimum deposit is 100 of the base currency of your account.”

 

TMGM Customer Support

 

TMGM vs. Other Notable Brokers

 

🔎 Broker🥇 TMGM🥈 FOREX.com🥉 IFC Markets
📌 RegulationASIC, FMA, VFSCNFA, CFTC, FCA, ASIC, FSA, IIROC, CIMA, SFC, MASBVI FSC, VFSC
💴 Withdrawal FeeNoneNone✅ Yes
🆓 Demo Account✅ Yes✅ Yes✅ Yes
💶 Min Deposit$100$100$1
📈 Leverage1:5001:4001:400
📉 Spread0.0 pips0.0 pipsFrom 0.4 pips
📊 Commissions$7$10 per round turnNone
⛔ Margin Call/Stop-Out100%/40%100%/50%20%/10%
💻 Order ExecutionMarketMarketMarket, Instant
🎁 No-Deposit BonusNoneNoneNone
🪙 Cent AccountsNoneNone✅ Yes
🔟 Retail Investor Accounts536
☪️ Islamic Account✅ Yes✅ Yes✅ Yes
⬇️ Minimum Trade Size0.01 lots0.01 lots (100k on DMA Account)0.01 lots
⬆️ Maximum Trade Size80 lotsDepends on available funds10,000 units
⏰ Min. Withdrawal Time1 Working DayInstantInstant
🕰️ Max. Withdrawal Time1 Working DayBetween 1 to 2 working days1 – 5 working days
⏲️ Instant WithdrawalsNone✅ Yes✅ Yes

 

TMGM vs. Other Notable Brokers

 

TMGM User Reviews

 

🥇 Reliable and Trustworthy

With over five years of experience in trading, I have extensively used the services of several brokers. However, in my experience, TMGM is the most reliable and trustworthy broker I have worked with. Since May 2021, TMGM has been my trading partner of choice, and I highly recommend it to even the most discerning of traders. – Shannon Stevens

 

 

🥈 Great Support!

I recently joined TMGM, and within ten days of my association with the broker, I can attest to the efficiency of their customer support team in promptly addressing any concerns that I have raised. Additionally, I made a trial deposit of $100, which was processed expeditiously and reflected in my account within five minutes. – Maxie Lloyd

 

 

🥉 Highly Satisfied

For over six months, I have been utilizing the services of TMGM, and I am highly satisfied with them. The deposit and withdrawal processes are swift, and the customer service team is exceptional. In addition, the team promptly resolved the matter when I encountered an issue logging in after adding a new account. – Chelsea Livingston

 

TMGM Customer Support

 

TMGM Pros and Cons

 

✅ Pros❎ Cons
Sophisticated MetaTrader, Iress, and HubX platformsCannot accept clients from some countries
MAMM service for money managers and investorsInactivity fees if you are not trading frequently enough
TMGM Academy to help educate beginnersDo not currently support crypto funding
Swap-free Islamic accounts for Muslim tradersCould benefit from adding AutoChartist and cTrader

 

 

Recommendation for Improving TMGM Cashback Rebates

 

TMGM does not currently publish its rebates and only offers rebates on two of five asset classes. By publishing its rebate rates, TMGM can ensure that traders know what they can expect before they opt for rebates.  Furthermore, offering rebates on more asset classes provides traders with more flexibility.

 

 

Frequently Asked Questions

 

What are Forex Cashback Rebates?

Forex cashback rebates are a way for traders to earn a portion of their trading fees back as a rebate.

 

Is TMGM a Forex Rebate provider?

Yes, TMGM is a Forex Rebate provider and offers a cashback program to its clients.

 

What are the features of TMGM’s forex trading platform?

TMGM’s forex trading platform is user-friendly and customizable, providing advanced charting tools, real-time market data, and fast trade execution.

 

How does TMGM’s fund withdrawal process work?

Answer: TMGM’s fund withdrawal process is simple and convenient. Clients can initiate a withdrawal request through their account dashboard. The funds will be transferred back to the same payment method used to make the deposit.

Furthermore, withdrawals are processed within a day, depending on the payment method chosen.

 

Does TMGM provide a Cashback Forex Contest?

No, TMGM does not provide a Cashback Forex Contest currently.

 

How does the Forex Cashback Rebate process work?

To earn rebates with TMGM, traders must sign up for the cashback program, link their trading account to the program, and trade as usual. The rebates are then credited to the trader’s account automatically.

 

What are the deposit methods available on TMGM?

TMGM offers a variety of deposit methods, including bank wire transfer, credit/debit card, and online payment methods such as Neteller, Skrill, and FasaPay. The minimum deposit amount varies depending on the payment method chosen, and there are no deposit fees.

 

Where can I find TMGM’s Cashback Forex Calendar?

TMGM does not currently have a Cashback Forex Calendar.

 

I’m an existing trader, how can I transfer my account to earn rebates via TMGM?

Existing traders can transfer their accounts to TMGM and earn rebates by signing up for the cashback program and linking their accounts.

 

How does the TMGM affiliate program work?

The TMGM affiliate program is a commission-based program that rewards affiliates for referring new clients to the broker.

Affiliates can earn up to 50% of the revenue generated by their referred clients, and there are no limits on the number of clients that can be referred.

 

Can I use a Forex Rebate EA with TMGM?

Yes, traders can use a Forex Rebate EA with TMGM.

 

How many traders with TMGM use the Cashback Rebate feature?

How many traders with TMGM use the Cashback Rebate feature is not disclosed.

 

What are the maximum rebates I could earn with TMGM?

The maximum rebates that can be earned with TMGM depend on the trading volume and the rebate percentage offered by the program.

 

Will my TMGM fees and spreads increase when I use the Cashback Rebate feature?

No, TMGM fees and spreads do not increase when traders use the Cashback Rebate feature.

 

What are TMGM’s swap fees, and how are they calculated?

TMGM’s swap fees, known as overnight financing charges, are calculated based on the interest rate differential between the two currencies in the traded currency pair.

The fees are charged on positions held overnight. Furthermore, overnight fees can be positive or negative, depending on the direction of the trade and the interest rate differential.

 

Why should I work through the SA Shares Cashback?

You can expect some of the highest commissions if you work through SA Shares to earn Cashback Rebates from TMGM.

This is because SA Shares aims to negotiate the most competitive commission rates with brokers such as TMGM to ensure you get the most back from your trading activities.