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Issue #248Subscribe free
House file

TMGM logoTMGM

On the desk for one reason: multi-entity structure. 4 register lines are on this file, spread across 4 legal entities in 4 jurisdictions, 1 of them with a top-tier regulator.


On the wire

4 items · 0 notices

Every figure below was read off a regulator register or the firm's own filing.

Register entries as filed
  • 01
    register entry

    ASIC entry AFSL 436416 for Trademax Australia Limited

    Source: tmgm.com

  • 02
    register entry

    VFSC entry 40356 for Trademax Global Limited

    Source: tmgm.com

  • 03
    register entry

    FSA Seychelles entry SD224 for Trademax Global Markets (SE) Limited

    Source: tmgm.com

  • 04
    register entry

    FSC Mauritius entry GB22201012 for Trademax Global Markets (International) Pty Ltd

    Source: tmgm.com

Entity by entity

4 lines
Register lines on file for TMGM. A blank number is a number the desk could not read on a source; it is not a zero.
RegulatorJurisdictionEntity as registeredNumberTierSource
ASICAustraliaTrademax Australia LimitedAFSL 436416T1tmgm.com
VFSCVanuatuTrademax Global Limited40356T3tmgm.com
FSA SeychellesSeychellesTrademax Global Markets (SE) LimitedSD224T3tmgm.com
FSC MauritiusMauritiusTrademax Global Markets (International) Pty LtdGB22201012T3tmgm.com

Tier is the desk's shorthand for the supervising regime, not a quality score: T1 a top-tier statutory regulator, T2 a mid-tier one, T3 an offshore registration.

Commercial detail on the record

Minimum to open$100
EUR/USD spread as published1 pips
Leverage as advertised1:30 (ASIC retail) / up to 1:1000 advertised on offshore entities
PlatformsMT4 · MT5 · IRESS
Account booksClassic · Edge · IRESS

What the record says

TMGM's Australian entity, Trademax Australia Limited, holds ASIC AFSL 436416 and gives its address as Level 28, One International Tower, Barangaroo, Sydney.

The group also publishes Vanuatu (VFSC 40356), Seychelles (FSA SD224) and Mauritius (FSC GB22201012) entities on its regulatory-supervision page.

TMGM states that under its Australian licence obligation client funds are held with an Australian authorised deposit-taking institution, naming National Australia Bank.

TMGM states it holds professional indemnity insurance providing up to AUD 10 million of single-event cover.

Trademax Global Limited is listed as a member of The Financial Commission, an external dispute-resolution body.

TMGM's account-types page advertises the Classic account from 1.0 pips with no commission and a $100 minimum deposit; the IRESS platform requires a $5,000 deposit.

Not verified

5 fields

The desk left these blank rather than fill them from secondary sources. They stay on the file as open questions and will be filled the day a primary source carries them.

Other open files

The whole desk

This file reports what regulators and the firm have published. It is not a review, not a rating and not advice to open or close an account anywhere.