TradeMax Global Markets (TMGM) is an ASIC-regulated forex and contracts-for-difference (CFDs) brokerage headquartered out of Australia. TMGM is available in multiple jurisdictions, delivering a personalized trading experience, with access to globally renowned platforms, and upwards of 15,000 tradable assets.
Is TMGM a ECN broker?
TMGM (formerly known as TradeMax Global Markets) is an ASIC regulated broker with a large Asian clientele. They have low fees with ECN execution, access to over 12,000 trading instruments, MetaTrader 4, 5 and IRESS trading platforms, plus their own in-house developed HUBx for fund managers and copy trading.
What is the best forex broker in Australia?
- IG - Best overall broker, most trusted.
- Saxo Bank - Best web based trading platform.
- CMC Markets - Excellent overall, best platform technology.
- Interactive Brokers - Great overall, best for professionals.
- City Index - Excellent all-round offering.
- eToro - Best for copy and crypto trading.
Which is best forex trading platform in India?
- IG - Best overall broker, most trusted.
- Saxo Bank - Best web based trading platform.
- Interactive Brokers - Great overall, best for professionals.
- FOREX.com - Excellent all-round offering.
- AvaTrade - Great for beginners and copy trading.
- Admiral Markets - Great for MetaTrader.
Is TMGM an ECN?
The Edge account is TMGM's true ECN account since there is no dealing desk. With this account, you will find TMGM's lowest spreads. The Classic account is TMGM's spread only account. This means the spread includes the commission cost.
Are FP Markets regulated?
Founded in 2005, FP Markets is regulated in one tier-1 jurisdiction and one tier-2 jurisdiction, making it a safe broker (average-risk) for trading forex and CFDs. FP Markets offers the MetaTrader suite, along with ultra-competitive spreads available by way of its commission-based Raw ECN account.
Is forex trading legal in Australia?
Forex trading in Australia The first is that forex trading is legal in Australia and there is a strict regulatory framework that governs forex trading. However, the regulatory environment in Australia is market-friendly, allowing more legitimate forex brokers to explore Australia as an option.