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".

TMGM

 

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.

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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.

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3. Once you decide which gift you want, simply press the 'Redeem Now' button on the window.

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4. Remember that TMGM needs to deliver this gift, so make sure to add a valid delivery address.

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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.

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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.