TMGM Broker Testimonials

Not a lot of leverage options at all. This only gives you 1:20 to 1:500 with a minimum deposit of $100 meanwhile the other can deposit $1. I admit that all their market tools are advancing and very modern. But again, because of leverage, I really had no choice, so I decided to stop trading there. It is not friendly for beginners. Meanwhile, other brokers can give me more leverage. Actually, I don't use high leverage, but with a high leverage option, I can make profits more often.

Sorry to say, but TMGM, I had bad slippage and market executions! It didn't happen immediately but TWICE and me I LOSE A LOT of MONEY because of this situation. I don't know why I'm always late and if my order is always late and the price has changed! PLEASE FIX PLEASE FIX the slippage that occurs on your site. Too bad my stop loss or take profit is not working at all! I contacted your customer service but they did not respond well

TMGM give me a good experience. So I do some scalping and of course, I open several positions almost at the same time. And I found out that TMGM's transaction fees are low! The spread is as little as 0.1 pip on EUR/USD, which is what I trade most of the time! Execute the market with TMGM as very quickly! Don't forget to mention that customer service is also responsive and able to resolve any issues I have occurred in trading with TMGMOverall, I am very satisfied with TMGM, but I can only give 4 stars because the leverage is not great.

In fact, being a typical Australian broker, TMGM offers quite a high trading leverage depending on the instruments. Forex products can be traded using leverage up to 400:1, index and energy with 100:1, and precious metals with 400x leverage. I think this leverage is enough for traders and professional traders usually use less than 400:1 so I have no complaints about the leverage. And as a regulated broker, TMGM is regulated by New Zealand and Australian laws. So yes, it has limited leverage but I think it is enough leverage for us.

I have never experienced any of these in TMGM that I have experienced with other brokers. I mean TMGM's fastest order fulfillment! You can order OPEN and CLOSE within SECONDS and without. The price I closed was the same as what I received! For me, TMGM is the best broker and you can count on their execution. If you want to do scalping, I recommend this broker! But unfortunately, their leverage is low and there are not too many options.

I opened an account with TMGM and started using the account demo there. All I can say about TMGM is that it has pros and cons. The advantage of TMGM is the low spreads starting at 1.0 pips. This is a very competitive price for me. Also, if the spread is low, there is no commission. You can also use zero spread with a $7 fee, charged per lot. You can choose low spreads or no spreads, but for me, it works best to use low spreads starting at 1.0 pips. The downside is that it has very bad slippage and is not a solution at all. I would like to thank customer service for explaining what is happening and why the slippage occurs, but customer service didn't offers a win-win solution to the slippage that happened

LEVERAGE IS TOO LOW! Up to only 500:1. How can I trade with my limited money meanwhile the other broker can provide more? And there are not many options to choose leverage there. Low leverage means you can't open positions frequently if you invest less money. TMGM must have known that leverage is essential and IMPORTANT, so if you want more users to use it, I think you should look into it to increase your leverage. On the other hand, other brokers gave leverage up to 5000:1! The only GOOD about TMGM is their customer service which seems very patient to handle me!

Two thumbs up to TMGM.  I have been 6-month using TMGM and I feel very satisfied. I have always used hedging and you can be allowed you to do that in TMGM! Also not forget to mention that every aspect of their trading support system are advanced and fast. No need to worry if you trying a scalping strategy here because it can enter your order with no at all! Meanwhile, to close an order you can do it very fast too! No problem at all to execute the market here. So far this is the best broker that I have experienced!

The leverage ratio is up to 500:1 but for only outside of NZ and Australia, but you are free to change your leverage anytime if you do not have an open position in the market. So you can readjust your money management. But if you are expecting leverage of more than 500:1 I think you should not use this broker. And also I wouldn't recommend this broker to anyone who has limited money and wants to trade a lot. Also if you are in New Zealand and Australia you can only get 20.1 or 30:1, This has very low leverage and is not suitable for everyone, but you should know that leverage not only leads to potential gains but also potential losses.

My withdrawal keeps getting canceled for unknown reasons, and I am devastated. It has been three weeks of trying, but I am nowhere near giving up. Just pissed. They keep giving me poor excuses for why my withdrawal isn't approved. First, they told me that I couldn't withdraw during the weekend because it wasn't the time for withdrawal. Okay, fair enough. People are allowed to take a day off. So I try again on the weekday. But they still couldn't approve it. This time they didn't even bother to give me any reasons. The next time I try there is the 'temporary maintenance' issue. The list just keeps going on. I just want my money, this is ridiculous.