TMGM’s current evidence contains two materially different products. Australian retail clients compare Edge and Classic under retail leverage limits, while the international Cent page uses a cents-denominated balance, smaller contract and method-specific funding minimums.[1][3]
Accounts & headline costs
Sections ↑Broker essentials
| Measure | Value | Context |
|---|---|---|
| Australian account routes | Edge and Classic | Both use MT4/MT5 under the cited Australian table.Source 1 |
| Australian opening minimum | USD 100 | The account table shows $100 with an account-currency footnote; the FAQ separately says USD/AUD 50.Source 1Source 2 |
| Cent entry point | From USD 15 by selected local method | Crypto and card routes publish higher minimums.Source 3 |
| Platforms | MT4, MT5 and HUBx | Cent page contains some mixed MT4/MT5 wording; current account page should be checked at onboarding.Source 2Source 3 |
| Australian retail leverage | Up to 1:30 | International/Cent pages can publish up to 1:500 or more.Source 1Source 3 |
Australian and Cent account routes
| Account | Published spread / commission | Minimum and platform |
|---|---|---|
| Australian Edge | From 0.0 pips; USD 3.50 per side / USD 7 round turn per lot | USD 100; MT4/MT5Source 1 |
| Australian Classic | From 1.0 pip; no commission | USD 100; MT4/MT5Source 1 |
| Cent Classic | Classic spread structure; no commission | USD 15 local / USD 50 crypto / USD 100 card; MT5 on current pageSource 3 |
| Cent Edge | Classic-related spread; USD 0.07 per cent lot | Same payment minimums; smaller contract routeSource 3 |
Published account mechanics
| Item | Australian Edge / Classic | Cent route |
|---|---|---|
| Minimum trade size | 0.01 lot | 0.01 cent lotSource 1Source 3 |
| Base currencies | USD, EUR, GBP, AUD, NZD, CAD | USD centsSource 1Source 3 |
| Funding fee | Waived in the cited Australian table | Payment-channel conditions applySource 1Source 3 |
| Withdrawal fee | Free in the cited Australian table | Minimum USD 10 local/card; USD 100 cryptoSource 1Source 3 |
| Stop-out level | 50% in Australian table | Cent conditions are published separately and can differ by regionSource 1Source 3 |
| Australian inactivity | USD 10 monthly after more than 12 months inactive | Trigger covers no deposits/withdrawals and no opening/closing positions.Source 1 |
The Australian Edge/Classic choice is conventional: raw spread plus USD 7 round turn versus a wider spread with no commission. The Cent route changes the unit of account and contract size, making it a different risk-sizing system rather than merely a cheaper account.[1][3]
The Australian account table’s opening figure is $100, qualified by an account-currency footnote, while its FAQ states USD/AUD 50. The account-specific table is used above, with the lower general FAQ figure recorded as an unresolved discrepancy. Neither figure changes the separate international Cent method minimums.[1][2]
Products & platforms
Sections ↑Platform map
| Platform | Published use | Boundary |
|---|---|---|
| MetaTrader 4 | Australian Edge/Classic and selected international routes | Cent page contains region-specific availability; BTCUSD may require MT5Source 2Source 3 |
| MetaTrader 5 | Australian Edge/Classic and current Cent route | Supports EAs, scalping and hedging where permittedSource 2Source 3 |
| HUBx | Account-management / multi-account route | Published in the Australian FAQ, not a universal replacement for MT4/5Source 2 |
| Copy trading | Published on Cent route | Availability follows region and account typeSource 3 |
Cent account product boundaries
| Product group | Available | Excluded |
|---|---|---|
| Forex | Major and minor pairs | Exotic FXSource 3 |
| Metals | Gold and silver | Other metals not listed on the Cent pageSource 3 |
| Energy | Crude oil | Other energy contracts not listedSource 3 |
| Cryptocurrency | BTCUSD only | Other crypto CFDsSource 3 |
| Equities and indices | Not included on cited Cent page | Shares and indicesSource 3 |
Route-specific platform implications
| Route | Published use | Important boundary |
|---|---|---|
| Australian MT4 / MT5 | Edge and Classic accounts with retail leverage up to 1:30 | Product and margin conditions follow the Australian contract.Source 1Source 2 |
| Cent MT5 route | Small-contract account with cents display and narrower product menu | A normal lot number cannot be compared directly with a standard Edge/Classic lot.Source 3 |
| HUBx | Published account-management or multi-account route | It is not a separate account tariff or legal company.Source 2 |
| Copy trading | Published on the Cent route | Availability, risk settings and open-position consequences depend on the service terms.Source 3 |
Fees & holding costs
Sections ↑Cost layers across the compared routes
| Layer | Australian Edge / Classic | Cent route |
|---|---|---|
| Spread | Edge from 0.0; Classic from 1.0 pip | Uses the Cent account’s separate product and symbol conditions.Source 1Source 3 |
| Commission | Edge USD 3.50 per side / USD 7 round turn; Classic no commission | Cent Edge USD 0.07 per cent lot.Source 1Source 3 |
| Inactivity | USD 10 monthly after more than 12 months under the stated no-activity test | No universal Cent inactivity tariff is inferred.Source 1 |
| No-trading e-wallet withdrawal | The Australian FAQ permits a charge when no trading has occurred | The account table’s free-withdrawal headline does not cancel method conditions.Source 2 |
| Financing / swap | Instrument-specific | Use the live symbol and regional contract; no universal number is supplied in the cited comparison.Source 1Source 3 |
The Cent commission is scaled to the smaller contract, not simply discounted against the standard lot. Position size, cash display and commission unit must be read together.[3][1]
Execution & trading rules
Sections ↑Cent funding and order limits
| Operation / limit | Published figure | Meaning |
|---|---|---|
| Local-method deposit | USD 15 | Availability depends on country and payment channelSource 3 |
| Crypto deposit | USD 50 | Payment-channel minimumSource 3 |
| Card deposit | USD 100 | Payment-channel minimumSource 3 |
| Maximum order size | 500 cent lots on the main cited page | Regional pages can display different maxima; use the client portal specificationSource 3 |
| Maximum open orders | 200 per Cent account | Published on the current pageSource 3 |
Margin and account-control distinctions
| Control | Australian route | Cent route |
|---|---|---|
| Retail leverage | Up to 1:30 in the Australian account table | International page can publish materially higher leverage.Source 1Source 3 |
| Stop-out | 50% in the Australian comparison | Cent conditions are region- and account-specific.Source 1Source 3 |
| Open-order count | Not established by the retained Australian table | Maximum 200 open orders per Cent account.Source 3 |
| Maximum order size | Instrument-specific standard account specification | Main Cent page publishes 500 cent lots.Source 3 |
| Automation | EAs, scalping and hedging described for the relevant platforms | Strategy performance and uninterrupted hosting were not tested.Source 2Source 3 |
Deposits, withdrawals & transfers
Sections ↑The Australian FAQ requires verification before funding, rejects third-party deposits and requires available margin for a withdrawal. It generally returns money through the funding method. It quotes one working day for withdrawal processing and three to five working days for international wires. It also allows an e-wallet charge where no trading has taken place, despite the account table’s free-withdrawal headline. The time to process a request is distinct from receipt by the bank.[2]
Australian cash-access controls
| Control | Published position | Consequence |
|---|---|---|
| Verification | Complete identity/account verification before funding and withdrawal | An apparent balance is not automatically withdrawable.Source 2 |
| Third-party funding | Rejected | Use a payment source belonging to the account holder.Source 2 |
| Free margin | Withdrawal requires sufficient available margin | Open-position equity can exceed cash that can leave.Source 2 |
| Return route | Money is generally returned through the funding method | Payment-method checks and limits can apply.Source 2 |
| Processing / bank arrival | One working day processing; international wire commonly three to five working days | These are separate stages.Source 2 |
Why the Cent account is not a normal small deposit account
| Feature | Cent route | Standard Edge / Classic |
|---|---|---|
| Balance display | US cents; USD 100 appears as 10,000 cents | Normal account-currency unitsSource 3 |
| FX contract size | 1,000 units per lot on the cited page | Standard account uses normal standard-lot specificationSource 3Source 1 |
| Edge commission | USD 0.07 per cent lot | USD 7 round turn per standard lotSource 3Source 1 |
| Product range | FX majors/minors, metals, oil and BTCUSD | Broader CFD routeSource 3Source 2 |
| Demo availability | None published | Demo availability handled through normal platform accountsSource 3Source 2 |
Protection & regulation
Sections ↑The FSG identifies Trademax Australia as the issuer and counterparty to OTC transactions. Its professional-indemnity insurance concerns claims about professional services; the document does not describe that insurance as a guarantee of a client’s deposit or trading outcome.[6]
Selected group companies
| Legal entity / region | Authority / reference | Published scope |
|---|---|---|
| Trademax Australia Limited | ASIC AFSL 436416 | Australian regulated companySource 4Source 1 |
| Trademax Global Limited | Vanuatu VFSC 40356 | International company disclosureSource 4 |
| Seychelles group company | Seychelles FSA SD224 | Regional international company disclosureSource 4 |
| Mauritius group company | Mauritius FSC GB22201012 | Regional company disclosureSource 4 |
Protection and entity boundaries
| Question | Supported answer | Limit |
|---|---|---|
| Who is the Australian counterparty? | Trademax Australia Limited under the cited agreement/FSG | That contract does not automatically govern another TMGM company.Source 5Source 6 |
| What does professional indemnity cover? | Relevant professional-service liabilities under the FSG | Not a deposit guarantee or protection against market loss.Source 6 |
| Are international licences independently verified here? | The group page publishes Vanuatu, Seychelles and Mauritius references | The retained profile does not contain separate live register matches for each.Source 4 |
| Does Cent sizing reduce market risk automatically? | No; it reduces contract scale per lot | Leverage and the number of lots can still create material exposure.Source 3 |
Opening an account & support
Sections ↑Trademax Australia’s agreement permits either party to terminate on 14 days’ written notice; a client’s account is to be closed as soon as reasonably practicable within that period. Termination can include closing positions, settling contracts and cancelling orders, and the firm may decline new trades after notice. Its dispute clause provides for internal review and, where the complaint falls within its rules, referral to the Australian Financial Complaints Authority. These contractual provisions apply to Trademax Australia, not automatically to a Cent account issued elsewhere.[5]
Australian complaint route
| Stage | Published route | Timing / distinction |
|---|---|---|
| Internal submission | [email protected] or +61 2 8036 8388 | The currently linked FSG also provides the Barangaroo office address.Source 6 |
| Written outcome | Decision, reasons and any proposed remedy | Within 30 days; a written explanation if delayed.Source 6 |
| External review | Australian Financial Complaints Authority | Subject to AFCA eligibility and jurisdiction.Source 6 |
Published Australian complaint and service routes
Scope Verification, payment, withdrawal and platform guidance.
Additional services
Sections ↑Additional account and platform services
| Service | Published scope | Boundary |
|---|---|---|
| HUBx | Account-management / multi-account functionality | Not a separate legal account or fee schedule.Source 2 |
| Copy trading | Published on the international Cent route | Provider selection and open-position consequences require the service terms.Source 3 |
| Expert Advisors | Supported on relevant MetaTrader accounts | The provider does not guarantee strategy results.Source 2Source 3 |
| Demo access | Available on ordinary platform routes | The cited Cent page states no demo route for that account.Source 2Source 3 |
Company background & evidence
Sections ↑Company and research context
| Measure | Value | Context |
|---|---|---|
| Australian company | Trademax Australia Limited | Issuer/counterparty under the cited Australian material.Source 5Source 6 |
| International companies | Vanuatu, Seychelles and Mauritius group disclosures | Regional account terms remain separate.Source 4 |
| Founded | 2013, company profile field | Source 4 |
| Research distinction | Australian Edge/Classic and international Cent kept separate | No cross-region tariff or protection is inferred.Source 1Source 3 |
- Headquarters
- Sydney, Australia — Trademax Australia; international companies serve other regions
- Founded
- 2013
Legal entities & licences
These are source-dated records, not a blanket assessment of the broker. Read each issuer, identifier, status and scope together.
Trademax Australia Limited
| Issuer & identifier | Recorded status | Date & scope |
|---|---|---|
| Australian Securities and Investments Commission436416 | Not verified | Checked 9 Oct 2026Company-published authorisation reference. This profile does not contain a separately retrieved current named regulator match; the evidence label is not a finding of unauthorised activity.Source 4Source 1 |
Trademax Global Limited
VanuatuSource 4
No separate licence entry is recorded in this panel.
Trademax Global Markets (SE) Limited
SeychellesSource 4
No separate licence entry is recorded in this panel.
Trademax Global Markets (International) Pty Ltd
MauritiusSource 4
No separate licence entry is recorded in this panel.
Additional Information
Sections ↑Before comparing a TMGM quote
| Check | Why it matters |
|---|---|
| Region and company | Australian contract, Cent page and other international companies have different rules.Source 4Source 5Source 3 |
| Contract unit | Cent lots use a smaller FX contract and cents-denominated balance.Source 3 |
| Opening minimum | Australian official pages conflict; Cent minimum depends on payment method.Source 1Source 2Source 3 |
| Commission side and lot | USD 7 round turn standard Edge versus USD 0.07 per cent lot.Source 1Source 3 |
| Cash access | Verification, free margin, return route and bank arrival are separate tests.Source 2 |
| Closure and complaint | The Australian 14-day contract and AFCA route are entity-specific.Source 5Source 6 |
Sources & further reading
- Australian Edge and Classic account comparison TMGM Australia · Accessed 15 Oct 2026
- Australian account and platform FAQ TMGM Australia · Accessed 15 Oct 2026
- Cent account conditions TMGM · Accessed 9 Oct 2026
- Regulatory supervision TMGM · Accessed 9 Oct 2026
- Trademax Australia Client Agreement, linked from current Australian legal page Trademax Australia · Accessed 15 Oct 2026
- Financial Services Guide, currently linked Australian edition Trademax Australia · Accessed 15 Oct 2026
This profile reports dated public information, including broker-published services and terms. It does not independently test or guarantee execution, pricing or withdrawals. Inclusion is not an endorsement. Permissions and protections apply only to the named legal entity, service and client category; check the current official records and your contract.