Trading rewards are a loyalty program offered by TMGM. What benefits does this feature offer for clients and how does it works?
Among many forex brokers around the globe, TMGM is considered reliable as it is registered under the Australian Security and Investment Commission (ASIC). Right now, TMGM has several offices in some major parts of Australia including Sydney, Melbourne, Adelaide, Canberra, and Auckland. This broker connects clients to more than 12,000 trading products.
Aside from the multi-asset feature, there are several other benefits that come with this broker. One of them is a loyalty program called "TMGM Rewards".
What is Loyalty Program?
It's common for a broker to offer various bonuses and rewards in order to lure in more traders. Often, this is a major consideration for a lot of traders. But it's not enough to just attract people and make them open an account. The broker has to keep their clients stay and trade for a long time. This is where loyalty programs come in handy.
Evidently, it can keep traders staying and actively trading with their broker. Basically, the broker will give their clients rewards in many forms based on the points they accumulated through trading. Some of the popular methods are cash rewards, gifts, lower spreads, bonuses, commissions, and many more. The idea is to keep the trader satisfied and continue to invest their money in the broker.
However, it's important to note that loyalty program is not a forex rebate. With loyalty program, traders will be given points to collect each time they trade. The amount of points is different according to the broker's policy. Once they reach certain numbers, they can exchange that points for the rewards that the brokers provide. But with forex rebate, the bonus amount per transaction will stay the same from time to time.
Is TMGM Rewards a Good Loyalty Program?
At first glance, TMGM Rewards looks like any other broker's loyalty program. Traders can earn some points every time they trade and exchange them for various rewards. But what makes it a good loyalty program compared to other brokers that provide the same promotion?
What You Can Get
There are a lot of rewards that traders can get from the TMGM loyalty program. Some of them are iPads, Macbooks, AirPods, and iPhones. In addition to that, TMGM also gives traders options to earn cashback up to $2500.
Exchanging points with various gifts isn't the only advantage to gain from this program. Traders can also enjoy hidden offers that only members have access to. This gives traders exclusive access to more advantages. Usually, these kinds of exclusive features are quite helpful for market analysis and trading executions. So, traders can have a more competitive edge in the market through these kinds of rewards.
In general, TMGM Rewards is worth a try as it could be a great way to maximize benefits with the following advantages:
- Allow traders to gain regular bonuses as long as they stay active. This is better than a deposit bonus which in most cases is only a one-time thing. As result, the clients can get more benefits from their trading positions. Not to mention, the rewards are quite interesting.
- It doesn't require complicated requirements. There are no extra steps to take in order to gain any points for this loyalty program. You can simply trade like usual and the points will accumulate by themselves. This is almost the exact opposite of a deposit bonus that might affect your trading decisions considering it might require you to fulfill a certain quota.
- It is a sign of a good commitment from the broker. Not many brokers offer this kind of program. It is mostly offered by legitimate and high-quality forex brokers to keep their clients' loyalty. In other words, they don't want their clients to just register and deposit their money; they also want to nurture their traders and grow with them where both sides can earn profits side by side.
Where to Find the Information on the Official Broker Site?
- This information is reported per Jan 1 1970.
- We can not ensure if this offering is still available or remain the same in future.
- The broker announcement page may or may not exist anymore, You may explore TMGM homepage and try to find "Promotion" section on the menu, footer, etc, to ensure the availability and validity of this promotion.
How to Start
Considering the TMGM Rewards require clients to trade, a live account is necessary. Traders who are interested in this program are advised to open a TMGM live account first. By having a TMGM account and verify it, traders will automatically join the trading rewards program. For those who already own a TMGM account but aren't aware of this program, don't worry. Your trading accounts are already earning loyalty points as long as you trade actively. You just have to know how to redeem your rewards.
How to Redeem TMGM Rewards
Traders can trade any trading instruments in TMGM to collect points. The rules for TMGM loyalty programs are very flexible as they don't require traders to take a large number of positions on a certain instrument. No matter how much you trade, you will earn points for it. For every lot you trade, you will earn 10 points. The points can be redeemed once they reach 300. Here are the steps:
1. Log in to the client portal, then click the TMGM Rewards tab. It can be seen from the picture below.
2. This option will bring you to the gifts category. Here, you can browse all the available gifts provided by TMGM. For a better browsing experience, you can use filters to separate gifts according to the number of points needed to redeem them.
3. Once you decide which gift you want, simply press the 'Redeem Now' button on the window.
4. Remember that TMGM needs to deliver this gift, so make sure to add a valid delivery address.
5. Once it's all complete, press the 'Confirm' Button to finalize the gift redemption. It might take 1-5 business for the gift to be delivered to your address.
TMGM is a CFD trading provider who aspires to be the leader and innovator in the industry. The broker has several head offices in Australia and aims to connect clients to the widest range of markets through both industry-leading platforms as well as their own proprietary cutting-edge platforms.
35 Comments
Dec 30 2022
I am a beginner and only know about Forex and am trying to find a broker that is friendly to me. I mean less deposit and less fees. Is TMGM worth trying with a beginner trader? How much deposit does TMGM need? And about the reward itself, how many trade do we need to make to get the points? And what else do I need to consider carefully to choose the right broker for me, any other suggestions than TMGM? Thank you
Dec 30 2022
Dec 30 2022
Dec 30 2022
Feb 13 2023
ellie: A demo account is a good idea to start things. But I don't understand how long I should use it. Is there any ideal time to use this account? I feel like I understand everything within the 1st month. But I'm not sure if that is too soon or too slow.
Dec 30 2022
Feb 13 2023
Hugo: Now I know about the low spread and all that, but I also know that usually, it comes with the commission. Isn't that just counterproductive? I use low spread to cut down my trading expenses, but with commission fees, I feel cheated, especially with expensive commission fees.
Feb 13 2023
Hellen Jesse: In fact, spreads and commissions are the main source of income for brokers and this is quite understandable as they need to generate income in order to make some money on operating expenses.
So, you have to look closely at the spread yourself. Spreads are divided into two types: variable spreads and fixed spreads. Floating spreads are usually cheaper than fixed spreads because the price of a floating spread follows market movements and can be higher. And if the floating spread is marked up too high, it will make trader's profit decreased even more.
Fees will always increase and vice versa due to variable spreads and meanwhile fixed spread starting pip is higher than variable spread making the commissions is lower than variable spread. So, it's all about broker operating costs. So, if you want to trade with low spreads, you have to pay high commissions and vice versa. Hope you can understand! !
Feb 25 2023
actually a reward program like this is pretty basic, right? There are several other brokers that already provide the same thing. But I want to ask, will the reward points be forfeited if they are not claimed for a while? Or can it be accumulated for several months or years?
I've ever got a bad experience (in other broker) when the points were forfeited at the end of the year. It was really annoying. I already collecting lots of points, forgot to redeem, then poof! They were gone.
Oct 18 2023
@Hanje Stocklijc: I agree about your statement! In my opinion bout your question about TMGM's loyalty program, whether your reward points expire or not really depends on their specific rules. Some brokers let you hoard those points forever, as long as your account is active and you're trading regularly. But others can be a bit sneaky, and they might have a use-it-or-lose-it policy.
I totally get your frustration from past experiences when points went "bye-bye" at the end of the year. It's annoying. To avoid a repeat of that, it's crucial to dive into the fine print of TMGM's loyalty program. Or better yet, shoot a quick message to their support team. They'll give you the lowdown on how their reward points play out, so you won't have to worry about your points pulling a disappearing act
Mar 23 2023
What are the specific trading rewards offered by TMGM and how do they compare to rewards offered by other trading platforms? Additionally, what is the likelihood of a trader actually achieving these rewards and how do they factor into the overall profitability of trading with TMGM?
Mar 23 2023
How does TMGM ensure that their trading rewards program is fair and transparent for all traders? Are there any hidden fees or conditions attached to these rewards that may affect a trader's ability to earn and redeem them? Furthermore, what kind of support and guidance does TMGM offer to traders who are interested in participating in the rewards program, and how can they maximize their chances of success?
Jun 16 2023
@Rashed Khan: Well, TMGM understands the importance of fairness and transparency in their rewards program. They want every trader to feel like they're on a level playing field. That's why they've made sure there are no hidden fees or sneaky conditions that could affect your ability to earn or redeem those rewards. They want you to know exactly what you're getting into and be able to make the most of it without any surprises along the way.
When it comes to support and guidance, TMGM has got you covered. They offer a bunch of helpful resources and tools to assist traders who are interested in the rewards program. You'll find educational materials, tutorials, and even dedicated support channels to answer any questions you might have. They want to give you all the tools you need to succeed and make the most out of their program.
So, with TMGM, you can rest assured that they've got your back. They're committed to fairness, transparency, and providing the necessary support for traders like you to thrive in their rewards program
May 27 2023
When it comes to the bonuses offered by the platform, it's mentioned that traders can benefit from regular bonuses as long as they remain active. Could you please clarify what "active" means in this context? In other words, what is the specific criteria or duration that determines whether a trader is considered active and eligible for these regular bonuses? Additionally, could you provide some examples of the rewards or benefits that traders can expect to receive through this program? It would be great to understand the specific advantages and incentives that traders can enjoy by staying active on the platform.
May 28 2023
@Salah: Hey there! When they talk about staying "active" to enjoy those regular bonuses, they basically mean you gotta keep the action going. But what does being "active" really mean in this context? Well, it depends on the platform's rules, so you gotta check out their specific guidelines.
Typically, being active could mean things like making a certain number of trades within a specific time frame or reaching a minimum trading volume. They want to see that you're keeping the trades rolling and not just sitting on the sidelines.
Now, let's get to the good stuff - the rewards and benefits! If you stay active and meet the platform's criteria, you can expect some cool perks. We're talking about things like cashback incentives, deposit bonuses, trading credits, and maybe even some exclusive promos. These bonuses can give you extra cash or advantages that can spice up your trading game and maybe even boost your profits.
Jun 18 2023
Hey, I've got something on my mind and I'd love to hear your take on it. You know TMGM Rewards, right? I've heard it's worth giving a try because it offers some pretty awesome advantages. One thing that caught my attention is that traders can enjoy regular bonuses as long as they remain active, unlike those one-time deposit bonuses we often come across. It's like a continuous flow of benefits for their trading positions, which sounds pretty sweet to me. But here's the thing I'm curious about: How long can an account stay inactive before losing access to these amazing rewards? I mean, it would be great to have some flexibility without worrying about missing out on the perks. Any insights on the duration of inactivity before those rewards slip away?
Jul 16 2023
@Aston: Absolutely! TMGM Rewards indeed offers ongoing advantages for active traders, which sets it apart from traditional one-time deposit bonuses. As for the duration of inactivity before losing access to the rewards, it would be best to consult TMGM directly or refer to their terms and conditions. The specific duration may vary depending on the program's rules and policies. Having said that, it's common for brokers to have certain activity requirements to maintain access to rewards. These requirements can include regular trading activity or meeting specific trading volume targets within a given timeframe. By staying active and meeting the criteria set by TMGM, you can continue enjoying the benefits and rewards offered by TMGM Rewards. Remember to always review the terms and conditions or reach out to TMGM's customer support for accurate and up-to-date information regarding the duration of inactivity and its impact on accessing the rewards.
Jun 19 2023
Hey there! What makes the TMGM bonus program so interesting for traders? I'm curious to know if an 18-year-old trader like myself can participate in the TMGM bonus program. Are there any specific age restrictions or requirements for accessing these bonuses? Can you explain how the TMGM bonus program works and what types of bonuses are available? Is there a minimum deposit or trading activity threshold that needs to be met in order to qualify for these bonuses? Also, I'm wondering if TMGM offers continuous or ongoing bonus rewards for active traders, or if the bonuses are only applicable to one-time deposits?
Jul 2 2023
@Hans: Hey there! The TMGM bonus program is pretty cool for traders. As for age restrictions, you'll be happy to know that as an 18-year-old trader, you can participate in the TMGM bonus program. It's open to traders of your age and above. Now, let's talk about how it works. Bonuses are like rewards that brokers give to traders for joining or being active. They can be in the form of extra money or perks. To qualify for a bonus, you might need to deposit a minimum amount or trade a certain number of times. Some brokers also give ongoing bonuses for being an active trader. Just make sure to read TMGM's rules to know what bonuses they offer and how to qualify. Keep in mind that bonus programs can change, so stay updated. Good luck with your trading adventures!
Jul 4 2023
How do they actually send out the awesome rewards once you claim them from TMGM? Are they gonna ship it to your doorstep or send it through the digital realm? And, hey, how long do you think it'll take for those goodies to arrive at your place after you've claimed them? 'Cause, you know, TMGM's loyalty program has some killer rewards like iPads, Macbooks, AirPods, iPhones, and even cashback up to $2500! Plus, being a member unlocks secret offers that give you an edge in the market. So, it's good to know how they handle the delivery and when you can start enjoying your sweet prizes.
Jul 13 2023
@Rachel: Hey there! As I know, when it comes to TMGM's reward delivery process, if they require you to complete a Know Your Customer (KYC) process, it's likely that they would use the address you provide during the verification to deliver any physical rewards or prizes. So, make sure to provide the correct address during the KYC process.
During KYC, you will typically be asked to provide identification documents and proof of address. This information helps TMGM ensure the security and legitimacy of their operations. The address you provide will be used not only for communication but also for any necessary deliveries.
Sep 4 2023
Hey guys, I think this is a very profitable offer. Loyalty program bonuses of up to $2500 cashback and several other exciting prizes are very impressive. As a beginner trader, this can be an opportunity to maximize the capacity of your trading account to open trading positions. Can this bonus be combined with other promotions? Is it available to all types of traders? Are there any requirements for opening a live account?
Apart from attractive bonuses, I also need a broker who provides the best platform and service for its users, not just bonuses. Is the TMGM Application suitable for beginner traders? So if I open a real account at TMGM, between Visa and bank transfer, which is faster for deposits? Thank You!
Sep 5 2023
Wow, it seems like you are very interested in this broker and you have prepared so many questions. OK, I'll try to answer them one by one. First of all, Loyalty bonus programs usually will not be combined with other bonus programs within the same broker. Bonus promotions are available for all new and existing clients in Canada, China, Hong Kong SAR, Macao SAR, Taiwan, Thailand, Malaysia, Singapore, Philippines, Indonesia, Laos, Vietnam, Cambodia, Brunei, East Timor, South Africa, Brazil, Bangladesh, India, Pakistan, Sri Lanka, Egypt, Angola, Benin, Botswana, Burundi, Chad, Congo, Cote d'Ivoire, Eritrea, Ethiopia, Gabon, Ghana, Guinea, Kenya, Liberia, Mauritania, Namibia, Nigeria, Sierra Leone, South Sudan, South Korea, Tanzania, The Gambia, Togo, Uganda, United Arab Emirates, Western Sahara and Zambia, except PAMM/MAM or money manager account users.
To create a live account, there are actually no difficult requirements. Maybe you have to determine the account that is suitable for you before registering. There are two accounts that you can choose from: classic and edge accounts - Classic account. The TMGM Classic account type offers spreads starting from 1 pip. However, commissions are not included as they are part of the spread. The Classic account type is ideal for anyone who prefers to use medium and long-term strategies that do not depend on spreads.
Meanwhile, for comparison, the TMGM Edge account offers the lowest spreads on the site, starting from 0 pips. Users will pay a commission of $7 ($3.5 each way) for each standard lot. The Edge account is the account most similar to ECN trading because there is no dealing desk. This means you get the ECN price when the spread comes directly from the liquidity provider without intervention from TMGM. If you are a trader who wants the lowest spreads from TMGM, then this is the right account type for you.
Read: How to open an account at TMGM
Additionally, you must fund your account at TMGM after you complete in-person verification such as Proof of Identification and Residency. Additionally, you have to select the account you want to open. After that, you have to wait until verification is complete. The advice is to register on a weekday and avoid Fridays because based on my experience, verification will be verified faster on weekdays, anded on Fridays.
Sep 5 2023
Hello, I would like to help answer another question, TMGM App is a trading platform that offers various features and tools for trading various financial instruments such as forex, commodities and indices. While this platform may be suitable for beginner traders, it is important to remember that trading can be risky and requires a good understanding of the markets and trading strategies. If you are a beginner trader, it is important to start with a demo account to get used to the platform and trading process. The TMGM App is quite good and provides educational resources such as video tutorials, trading guides, and webinars to help you learn the basics of trading and develop your trading skills.
It is important to remember that the choice of payment option depends on speed and reliability. While bank transfers are generally reliable, Visa has a proven track record for faster money transfers. If you're choosing between Visa and bank transfer for deposits and withdrawals with Vantage, Visa is usually the faster option. Additionally, if you're concerned about reliability, it's worth noting that most bank cards are Visa or Mastercard. However, it is important to remember that Visa transactions may incur higher fees compared to bank transfers.
Oct 17 2023
So, I've heard about this TMGM Rewards thing, and it sounds like the way to roll, but here's the thing: they want you to have a verified real account. What's the deal with getting that account verified? Are there any hoops to jump through, or is it a walk in the park? Tell me, what's the lowdown on the terms and conditions for getting your TMGM real account verified?
I mean, what steps should I follow, and do I need to dig up a bunch of paperwork or go through some sort of secret handshake to make this happen? Basically, I want to know how I can make sure I'm in the game with the TMGM Rewards program through this account verification process. Can you spill the beans on what it takes to get on board! Thannk you!
Nov 15 2023
To the best of my knowledge, adherence to the KYC (Know Your Customer) process is a standard requirement for all brokers operating in Indonesia. This involves the submission of comprehensive personal data. The reassuring aspect is that these brokers claim to prioritize the privacy of their clients, emphasizing their compliance with regulations set by the local governing body. However, my current intrigue lies in TMGM, primarily due to the allure of its royalty program, which promises enticing high-value rewards. In light of this, I'm curious to learn more about the specific procedures involved. Does TMGM, like other brokers, necessitate the uploading of personal documents as part of their KYC process?
Additionally, has anyone had direct experience with TMGM's KYC process, and can they share their thoughts on the overall security and privacy measures? Your experiences would be immensely helpful. Thanks!
Nov 21 2023
Speaking from my own experiences, I've found TMGM to be a reliable and secure choice. What sets them apart is their commitment to privacy, as they offer a solid privacy guarantee. Knowing that my personal information is treated with the utmost care adds a layer of assurance. One aspect that adds to the credibility of TMGM is the fact that they are closely monitored by regulators on a global scale. This means that the platform operates under the scrutiny of regulatory bodies, ensuring that they adhere to industry standards and comply with international regulations. This oversight is crucial in maintaining the integrity and security of the services they provide.
I've personally found comfort in the transparency and accountability that comes with TMGM being under the watchful eye of regulators. It not only enhances the overall safety of the platform but also indicates a commitment to maintaining a trustworthy and compliant environment for users. You can also see the TMGM review in here to get more information if you doubt my experience.
Nov 19 2023
Hey, I'm really intrigued by this TMGM broker, man. The rewards they're throwing out there are seriously tempting. I mean, just check out the article – they're offering a bunch of cool stuff in their loyalty program. You can score iPads, Macbooks, AirPods, and even iPhones. Plus, on top of all that, TMGM is giving traders the chance to pocket some serious cashback, going up to a whopping $2,500.
Now, what's really got me curious is this max cashback deal. How in the world do we hit that sweet $2,500 max? And here's the burning question number two – can we actually withdraw this cashback straight to our bank account? Hit me up with the deets, please! Thanks!
Nov 29 2023
So, I've caught wind of this TMGM Rewards program, and it seems like the way to go, but here's the catch: they require you to have a verified real account. What's the process for getting that account verified? Are there any specific requirements or is it a straightforward procedure? Enlighten me on the terms and conditions associated with verifying a real account with TMGM.
In other words, what steps do I need to follow, and is there a need for extensive paperwork or some sort of intricate procedure to accomplish this? Essentially, I'm eager to understand how I can ensure my eligibility for the TMGM Rewards program through the account verification process. Can you provide insights into what it entails to participate? Thank you!
Dec 4 2023
To participate in the TMGM Rewards program and unlock the benefits, you'll need to go through the process of verifying your real account. The account verification with TMGM typically involves a standard procedure to ensure compliance with regulatory requirements. You can initiate the verification process by providing the necessary identification documents, such as a government-issued ID, proof of address, and possibly additional documentation depending on your jurisdiction. (read : How to Open Account in TMGM Broker )
To get started, visit the TMGM platform and navigate to the account verification section. Follow the instructions provided, which usually include uploading clear and valid copies of your identification documents. The verification team will then review your submissions.
While the exact requirements and steps may vary, it's generally a straightforward process aimed at ensuring the security of your account and adhering to regulatory standards. It's essential to carefully read through TMGM's terms and conditions regarding account verification to understand any specific criteria or documentation needed.
Dec 15 2023
I'm just expressing my curiosity at the moment. I took a look at the rewards offered in the TMGM loyalty programs, and interestingly, I discovered that the rewards align precisely with what the article had previously presented to me. What caught my attention specifically is the reward referred to as the VIP account number in the context of MT4. I'm curious about the significance of this VIP account number. Does it imply a faster processing speed compared to the regular MT4 account? In essence, I'm intrigued by the specific features and advantages associated with having a VIP account number on MT4.
Dec 18 2023
The term "VIP account number" in the context of MT4 typically refers to a specialized account that offers certain privileges and advantages to traders. While the exact benefits may vary between brokers, a VIP account is generally designed to provide enhanced trading conditions and services compared to regular accounts.
Common advantages of having a VIP account on MT4 may include:
Faster Execution Speeds: VIP accounts often come with priority order execution, leading to quicker trade execution and reduced latency.
Lower Spreads: Traders with VIP accounts may enjoy tighter spreads, which can be advantageous for those who engage in frequent or high-volume trading.
Personal Account Manager: Some brokers assign a dedicated account manager to VIP clients, offering personalized support and assistance with their trading needs.
Access to Exclusive Events: VIP account holders may be invited to exclusive events, webinars, or training sessions conducted by the broker to enhance their trading skills.
Advanced Analytics and Tools: VIP accounts may provide access to advanced analytical tools, market research, and trading signals to assist traders in making informed decisions.
Priority Customer Support: VIP clients often receive priority assistance from customer support, ensuring a prompt resolution of any issues or inquiries.
Hope it can help!
Dec 27 2023
Additionally, a VIP MT4 account is more likely to come with an account number that's a breeze to remember. You know how it is – when you're logging into your MT4 account, across various brokers, they usually hit you with these long numbers like 123456787 that can be a bit much to recall. Now, here's the cool part: if you snag a VIP account number at TMGM, they hook you up with something much simpler to remember. Picture this: 1222222223. So, in a nutshell, I can't vouch for any other perks, but one thing's for sure – that VIP account number is a total memory game-changer! 🚀
Mar 28 2024
Man, I gotta say, I'm super intrigued by TMGM broker. The incentives they're offering are seriously tempting, you know? I was just reading this article, and they've got this loyalty program with some seriously cool rewards. I'm talking iPads, Macbooks, AirPods, and even iPhones – like, who wouldn't want that, right? And on top of all that goodness, TMGM is throwing in some hefty cashback rewards, up to a massive $2,500!
But here's what's really got me scratching my head – how do we reach that max cashback of $2,500? And more importantly, can we actually withdraw that cashback straight into our bank accounts? I need the lowdown on this, man! Appreciate it!
Mar 30 2024
Hey there! So, regarding your inquiry, hitting that fantastic $2,500 max cashback is all about your trading activity and how involved you are. Put simply, the more you trade, the more cashback you'll accumulate – it's that straightforward. And when it comes to withdrawing that delightful cashback straight into your bank account, absolutely, it's completely feasible! Once you've earned those cashback rewards, the ball's in your court – you can either withdraw them or use them for more trading, totally up to you, my friend.
Let's paint a picture: imagine you kick off your trading journey with TMGM, and you're actively participating in the market, regularly making trades. As you continue trading and your trading volume grows, you start earning cashback rewards through TMGM's loyalty program. Now, let's fast forward to a point where your trading volume hits a level where you've bagged the maximum cashback amount of $2,500. That's the jackpot!
Now, once you've hit that max cashback milestone, you've got the flexibility to decide how to utilize it. You can opt to withdraw the cashback straight into your bank account, giving you some extra cash on hand. Alternatively, if you prefer, you can reinvest that cashback into more trades, potentially amplifying your earnings even further. It's all about capitalizing on your opportunities and making the most out of TMGM's fantastic offerings.