TMGM Corp
Cheated by a financial organization, does not withdraw money? Do you want to check the financial company?
Reviews of TMGM Corp - fraudulent broker, expert review of the office
TMGM Corp is a financial project that guarantees high earnings by providing innovative tools for trading liquid assets. However, this company is very dubious, so Forex Rating specialists decided to check information about the legality of the service to find out whether you can trust it with your money.
Status |
SCAM |
Year of foundation |
2013 |
Affiliate program |
No |
Regulation and jurisdiction |
ASIC |
Website |
https://www.tmgm.com/en/ |
Contacts |
+61 2 8036 8388 Level 28, One International Tower, 100 Barangaroo Avenue, 2000 Sydney, NSW Australia |
- Low entry threshold - from $100
- There is an affiliate program and a demo account for beginners
- Lack of 24/7 support
- Anonymity of the organizers of the financial company
- Negative feedback from traders
- Lack of Russian-language layout on the official website
- High commissions
- No guarantee of confidentiality
Trading Platform |
MetaTrader4 (MT4) MetaTrader5 (MT5) Mobile Platform |
Types of accounts |
Edge Account Classic Account Standard Account Premium Account Gold Account |
Currency |
USD, EUR |
Deposit/withdrawal |
Credit cards Visa/Mastercard/Maestro Electronic wallets International payment systems FasaPay, Neteller, Skrill WireTransfer |
Min Deposit |
100$ |
Leverage |
1:1000 |
Financial Instruments |
Currency pairs, cryptocurrency, indices, commodities, precious metals, shares of large international companies, energy |
Order execution |
Market |
Trading Features |
A financial company that offers a wide range of tools for profitable trading, including digital assets and precious metals on the international market. |
Bonus |
No |
Terms of cooperation with the project
Official website of TMGM Corp is provided in many languages other than Russian. For this reason, traders in the CIS countries do not often resort to cooperation with this office. At the same time, the service page indicates that the broker was founded back in 2013, although the first data regarding domain registration and work with clients began to be published only at the end of 2023.
It is not surprising that the scammers who run this site simply attract gullible people into their trap with beautiful promises and a false legend. Traders were also promised security and transparency in terms of transactions, as well as high-quality support and analytics about specialists helping inexperienced investors.
The company provides for a rather lengthy registration procedure, which requires a lot of your personal information and documents. Only after this you will be able to log into your verified account and gain access to the terminal and financial instruments. Also inTMGM Corp personal account you can choose the tariff. The following options are available:
- Edge Account – minimum deposit from $100, spreads from 0 points, commission from $7 per lot;
- Classic Account – from $100, spreads from 1 point, no commissions;
- Standard Account – deposit from $5,000, commission from $10;
- Premium Account – minimum deposit of $10,000;
- Gold Account – deposit from $50,000.
However, almost every account has a fee for using the platform, which can reach $45. There is also an affiliate program, but exact data regarding its profitability is not provided.
Security of trading with a broker
On the official site broker TMGM Corpit indicates that the service is registered by the reputable Australian regulator ASIC. However, the name of this office does not appear in the registers of the said commission, which indicates a false registration and a complete lack of a license. Also, the company does not provide real contacts to help you get in touch with support.
Legal documents are also not provided, so there is no need to talk about protecting the interests of traders.
Which TMGM Corp reviews?
Find broker reviews we succeeded without difficulty. On numerous financial forums, users write that cooperation with this company left them without money. They also emphasize the complete lack of support and the ability to withdraw their funds, since once the account is blocked, access to deposits and personal account is no longer possible.
Expert verdict about the company
Our specialists checked TMGM Corp legality and found out that working with these scammers will only entail the cancellation of your balances, since the office is not registered and does not have permission to provide its services. If scammers have managed to steal your money, we advise contact our experts to return your funds.
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FAQ
Customer reviews are one of the main criteria influencing the reputation and position of a broker in the ranking of reliable companies. You can view reviews about TMGM Corp on the main broker profile page.
You must register on the official Forex Rating website. This procedure is free and will take very little of your time. To confirm your registration, you will receive an email with a link where you will find detailed instructions on how to leave a review about the company TMGM Corp.
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Expert opinion
There are a lot of financial companies on the Internet today that are only interested in deceiving their clients. Therefore, experts strongly advise novice traders to be more responsible when choosing your potential financial partner. In particular, it is necessary to look at the presence of an official license and registration, which are confirmed by relevant documents. It is also important to look for honest reviews on forums, which can also help you ensure the reliability of a particular project.