TMGM Broker Testimonials

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

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.

I have no problem with my depo and withdrawal process. So it's all good.