TMGM regulation & licences
Licences on record 3
1 Tier 1 — top-tier regulation
3 Tier 3 — moderate regulation
4 Tier 4 — light / offshore
Licences are matched from public sources and regulator registers, and entities change over time. A licence held by one company in a group does not cover clients of another. Always confirm on the official register.
Regulatory profile
TMGM is a forex & CFD broker founded in 2013 and headquartered in Australia.
In our database TMGM is matched to 3 licences from ASIC, FSC (MU) and VFSC. The strongest of these, the ASIC (Australia) is among the regulators we classify as tier 1 — bodies with strict capital, client-money and conduct rules.
Be aware that a single TMGM website can front several legal entities. Its ASIC-regulated companies serve local residents, while international clients are frequently handled by entities supervised by FSC (MU) and VFSC, which offer much weaker safeguards.
None of the regulators we have matched to TMGM operates a statutory compensation scheme covering retail forex, so the safety of your deposit relies mainly on segregation of client funds and the broker's own financial strength. Negative balance protection is mandatory for retail clients under ASIC rules. Retail leverage caps apply at the ASIC-regulated entities (for example 30:1 on major FX pairs at ASIC).
TMGM provides access to MT4 and MT5. The advertised minimum deposit starts from about US$100 — minimums often vary by account type and entity.
Regulatory strengths
- Licensed by 1 tier-1 regulator (ASIC)
- Negative balance protection required at some entities
Points to check
- International clients may be onboarded to offshore entities (FSC (MU) and VFSC)
- No statutory compensation scheme at any matched regulator
Protection by entity
| Regulator | Compensation | Retail leverage | Negative balance protection | Disputes |
|---|---|---|---|---|
| 1 ASIC | No statutory compensation fund for OTC derivatives; complaints go to AFCA | 30:1 on major FX pairs for retail clients since March 2021 | Required for retail clients | Australian Financial Complaints Authority (AFCA) |
| 3 FSC (MU) | No compensation scheme | No statutory cap | Not a regulatory requirement | Office of the Ombudsperson for Financial Services |
| 4 VFSC | No compensation scheme | No statutory cap | Not a regulatory requirement | VFSC |
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TMGM regulation FAQ
Is TMGM regulated?
Yes — in our database TMGM is matched to 3 licences: ASIC (Australia), FSC (MU) (Mauritius) and VFSC (Vanuatu). Which of these protects you depends on the legal entity you open an account with. Always confirm the licence on the regulator's official register.
Is TMGM a tier-1 regulated broker?
TMGM holds 1 licence from regulators we classify as tier 1: ASIC.
Does TMGM accept US clients?
TMGM is not matched to a CFTC/NFA registration in our database. Only CFTC-registered, NFA-member firms may offer retail forex to US residents, so TMGM generally cannot accept US retail forex clients.
Is my money protected with TMGM?
None of the regulators matched to TMGM in our database runs a compensation scheme for retail forex. Protection depends on client-money segregation and the broker's solvency.
What is the minimum deposit at TMGM?
TMGM's advertised minimum deposit starts from about US$100. It can differ by account type, payment method and the entity you are onboarded to.
How can I verify TMGM's licence?
Find the company name and licence number in TMGM's client agreement or website footer, then search it on the regulator's official register (linked from each licence on this page). Confirm that the website domain you use is listed on the register, and check the regulator's warning list for clones.