TMGM (TradeMax Global Markets) scores 78/100 in our review (grade B, very good), a Sydney, Australia-based broker regulated by ASIC (Australia), FMA (New Zealand), VFSC (Vanuatu). It offers MetaTrader 5, so you can run Market Structure Pro on it.
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Start free trial Visit TMGM (TradeMax Global Markets) ↗| Headquarters | Sydney, Australia |
| Founded | 2013 |
| Regulation | ASIC (Australia), FMA (New Zealand), VFSC (Vanuatu), FSC (Mauritius), FSA (Seychelles) |
| Platforms | MT4, MT5, IRESS |
| MetaTrader 5 | Yes, MSP works here |
| Own platform | No |
| Account types | Classic (commission-free), Edge (raw spread + commission), IRESS (share CFDs), Islamic (swap-free) |
| Min deposit | $100 |
| Typical EURUSD spread | 0.1 pips |
| Typical Gold spread | 0.12 |
| Commission | Edge/raw account ~$7 per round-turn standard lot ($3.50 per side); Classic is commission-free with wider spreads. |
| Execution | ECN/STP (some offshore entities operate on a principal/market-maker basis) |
| Funding methods | Card, Bank transfer, Skrill, Neteller, UnionPay, Wise, Revolut, Apple Pay, Google Pay, Crypto |
| Demo account | Yes |
| Support | 24/7 |
TMGM, formerly TradeMax Global Markets, is an Australia-based forex and CFD broker founded in 2013 and headquartered in Sydney. Its flagship entity is ASIC-regulated (AFSL 436416), with a New Zealand FMA registration too. It offers MetaTrader 4, MetaTrader 5 and the IRESS platform, so Market Structure Pro can be used here, spanning forex, indices, commodities, crypto CFDs and a large 12,000+ share-CFD catalogue. Accounts include commission-free Classic and raw-spread Edge (~$7 round-turn), $100 minimum, free demo.
Edge/raw pricing is competitive (EUR/USD from ~0.0-0.2 pips, gold ~12 cents). Execution is described as ECN/STP with 10+ LPs, though some entities reference a principal/market-maker model. Funding is broad and fee-free (cards, wire, Skrill, Neteller, UnionPay, Wise, Revolut, crypto); support is 24/7.
Main caution is structural: while Australian clients deal with the ASIC entity, many international clients are routed through offshore entities in Vanuatu (VFSC GB22201012), Seychelles (FSA) and Mauritius (FSC), higher leverage but materially weaker protection. Does not accept US residents. Editorial reviews are generally positive (ForexBrokers.com 4.0/5, DailyForex 4.3/5).
A separate reputation score out of 100, based on genuine user reviews across the web and kept independent of the feature score above. Our read: reviews look genuine.
TMGM is an established, genuinely ASIC-regulated broker (since 2013) that editorial reviewers describe as having a clean regulatory record. Live third-party ratings from Trustpilot, WikiFX and Forex Peace Army could not be independently verified (pages blocked automated access), so numeric ratings are left null. Main caveat is the routing of non-Australian clients through offshore entities with reduced protections rather than any pattern of fraud.
Can I use Market Structure Pro with TMGM (TradeMax Global Markets)? Yes. TMGM (TradeMax Global Markets) offers MetaTrader 5, and MSP is an MT5 indicator, so it runs on any of their MT5 accounts. See the install guide.
Sources: www.forexbrokers.com · www.fxempire.com · www.dailyforex.com · www.tmgm.com. Figures are typical and change, so confirm on the broker's site.
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