TMGM Forex Broker keeps up-to-date with the latest trading account information, including TMGM Swap Free, Edge , Classic maximum leverage of 1:1000, trading varieties, and more
Rating Index
Pros
Low minimum deposit of $100, making it accessible for new traders.
Competitive trading conditions with tight spreads starting from 0.0 pips.
A wide range of trading instruments available, including forex, stocks, cryptocurrencies, and indices.
Cons
Inactivity fees are charged if the account remains inactive for more than six months.
Not available to traders in the United States due to regulatory restrictions.
Limited customer support availability, with live chat only accessible 24/5.
TMGM broker Accounts
TMGM Swap Free
Edge
Classic
TMGM Account Type
TMGM offers two primary types of trading accounts designed to cater to different trading styles and preferences:
- Edge Account
- Spreads: Raw spreads starting from 0.0 pips.
- Commission: $7 per round turn.
- Minimum Deposit: $100.
- Minimum Lot Size: 0.01 lot.
- Maximum Leverage: Up to 1:1000.
- Execution Type: ECN.
- Features: Islamic account option, hedging allowed, and compatibility with Expert Advisors (EAs).
- Classic Account
- Spreads: Variable spreads starting from 1.0 pips.
- Commission: No commission.
- Minimum Deposit: $100.
- Minimum Lot Size: 0.01 lot.
- Maximum Leverage: Up to 1:1000.
- Execution Type: ECN.
- Features: Islamic account option, hedging allowed, and compatibility with EAs.
- Visit the Official Website: Go to the TMGM website and click on the “Get Started” button.
- Fill Out Personal Information: Enter your personal details, including your name, email address, phone number, and country of residence.
- Verify Your Identity: Upload a copy of your proof of identity (passport, national ID, or driver's license) and proof of residence (utility bill or bank statement).
- Select Account Type: Choose between the Edge and Classic accounts, select your base currency, and set your leverage.
- Create a Password: Set a strong password for your account.
- Submit Your Application: Click on “Submit” and wait for your application to be processed, which may take a few hours.
- Start Trading: Once your account is verified, you will receive your account credentials via email, allowing you to log in and start trading.
- TMGM Trading Accounts
- How to Open Account in TMGM Broker
- TMGM Review
Both account types provide access to over 55 forex pairs, 15 indices, 50 shares, and 6 commodities. They also share similar base currency options, with no funding fees and free withdrawals. The stop-out level is set at 40% for both accounts.
TMGM Broker Account Opening Process
Opening an account with TMGM is a straightforward process that can be completed in a few simple steps:
These steps ensure that you can quickly and efficiently set up your trading account with TMGM.
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