Regulated

TMGM

Website tmgm.com Headquarters Australia

TMGM is the trading name of Trademax Australia Limited (ASIC AFSL 436416), Trademax Global Limited (VFSC 40356), Trademax Global Markets (SE) Limited (FSA Seychelles, stated licence SD224) and Trademax Global Markets (International) Pty Ltd (FSC Mauritius, stated licence GB22201012).

Licences last checked 2026-11-05

User rating

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Trust Score

High · 10.00 /10

Formula v1 · Regulation only, so far

Is TMGM regulated?

Yes. 4 active licences, including 1 from Tier-1 regulators (ASIC).

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Licences

Checked against each regulator’s public register.

Legal entity	Regulator	Licence no.	Licence type	Status	Verified	Source
Trademax Australia Limited Australia	ASICT1 Australian Securities and Investments Commission	436416	Australian Financial Services Licence (AFSL)	Active	✓ 2026-11-05	Register ↗
Trademax Global Limited Vanuatu	VFSCT3 Vanuatu Financial Services Commission	40356	Financial Dealers Licence (Class A, B, C)	Active	✓ 2026-11-05	Register ↗
Trademax Global Markets (SE) Limited Seychelles	FSA (SC)T3 Financial Services Authority	SD224	Securities Dealer licence	Active	✓ 2026-11-05	Register ↗
Trademax Global Markets (International) Pty Ltd Mauritius	FSC (MU)T3 Financial Services Commission	GB22201012	Investment Dealer (Full Service Dealer excluding Underwriting), SEC-2.1B	Active	✓ 2026-11-05	Register ↗

Score breakdown

Formula v1

Preliminary score: only regulation strength has been assessed, so the score shown is that part alone, out of 10. The other four parts are added in the next research phase.

Regulation strengthweight 45%

10.0 /10

Best active licence tier, plus 0.5 for each extra active licence.

Transparencyweight 20%

Not assessed yet

Five disclosure checks, 2 points each: legal entity named, licence numbers shown, physical address, client agreement and execution policy published, full fee schedule.

Client protectionweight 15%

Not assessed yet

Segregated funds 4, negative balance protection 3, compensation scheme 3.

Risk signalsweight 10%

Not assessed yet

Starts at 10. Minus 4 per regulator warning and 0.5 per unresolved complaint (up to 4).

Track recordweight 10%

Not assessed yet

One point per year since the first licence, up to 10.

Regulator warnings and clone alerts

Clone firm

A clone firm called “Impersonation of Trademax Australia Limited (texrilo.com)” (texrilo.com) is using this broker’s details.

Warning published by ASIC on 2026-09-22. Source ↗

Clone firm

A clone firm called “Impersonation of Trademax Australia Limited (fxlitetrader.com)” (fxlitetrader.com) is using this broker’s details.

Warning published by ASIC on 2026-01-23. Source ↗

Trading conditions

Minimum deposit: Not checked yet
Maximum leverage: Not checked yet
Platforms: Not checked yet
Instruments: Not checked yet
Segregated client funds: Not checked yet
Negative balance protection: Not checked yet
Compensation scheme: Not checked yet
Transparency: Not checked yet