TMGM Account Type

TMGM offers a range of trading accounts designed to accommodate various trading styles and experience levels. The primary account types available are:

• Edge Account
• Minimum Deposit: $100
• Spreads: Raw spreads starting from 0.0 pips
• Commission: $7 per round turn
• Maximum Leverage: 1:500
• Execution Type: ECN
• Features: Automated trading, EA allowed, Islamic account available, hedging allowed
• Classic Account
• Minimum Deposit: $100
• Spreads: Variable spreads starting from 1.0 pips
• Commission: No commission (costs included in spreads)
• Maximum Leverage: 1:500
• Execution Type: ECN
• Features: Automated trading, EA allowed, Islamic account available, hedging allowed
• Standard Account
• Minimum Deposit: $1,000
• Spreads: Starting from 1.6 pips
• Commission: No commission
• Maximum Leverage: 1:400
• Execution Type: STP
• Features: Similar to Classic account but with higher minimum deposit
• Premium Account
• Minimum Deposit: $50,000
• Spreads: Narrower than the Classic account
• Commission: No commission
• Maximum Leverage: 1:400
• Execution Type: STP
• Features: Designed for traders with ample capital seeking lower transaction costs
• Pro Account
• Minimum Deposit: $100,000
• Spreads: Starting from 0.7 pips
• Commission: $7 per round turn
• Maximum Leverage: 1:200
• Execution Type: STP
• Features: VIP support, free VPS services available
• Raw Spread Account
• Minimum Deposit: $100,000
• Spreads: 0.0 pips
• Commission: $7 per round turn
• Maximum Leverage: 1:200
• Execution Type: ECN
• Features: Similar to Pro account with a focus on raw spreads

TMGM Broker Account Opening Process

Opening an account with TMGM is straightforward and can be completed in a few simple steps:

• Visit the TMGM Website: Go to the official TMGM website and click on "Get Started" or "Start Trading".

• Provide Personal Information: Fill in your personal details including name, email address, phone number, and country of residence.

• Select Account Type: Choose your preferred account type (Edge or Classic), base currency, and leverage. Create a strong password for your account.

• Upload Verification Documents:

• Proof of Identity: This can be a valid passport, government-issued ID, or national identity card.
• Proof of Residence: Acceptable documents include a bank statement or utility bill dated within the last 90 days.

• Submit Application: After uploading the required documents, click "Submit". TMGM will process your application, which typically takes a few hours.

• Account Confirmation: You will receive an email notification once your account is verified and ready for trading.

• Start Trading: Log in to your account using the credentials provided in the confirmation email, make your initial deposit, and begin trading.

By following these steps, you can quickly set up your trading account with TMGM and access a variety of financial markets.