BrokAIr Reviews

TMGM Review

"TMGM is a relatively new online brokerage that is quickly gaining traction due to its affordable fees and wide selection of assets. However, its customer service is notoriously lackluster and often unhelpful." Can TMGM really provide the same quality of service as its more established competitors?

Did you like this broker?

TMGM Overview

Introduction

TMGM is an online brokerage founded in 2017. It provides trading services through its user-friendly web platform, which offers a variety of assets to invest in. The company has achieved growth in the past few years as it has become a popular choice among traders and investors alike. The company is regulated by the Financial Conduct Authority (FCA), and its operations are also monitored by the European Securities and Markets Authority (ESMA).

Pros and Cons

Founders

TMGM was founded by two veteran traders who have combined experience of over 20 years in the financial markets. The founders have a deep understanding of how trading works, and they put this knowledge to use when creating TMGM’s user-friendly platform. The founders also ensure that their clients receive secure trading, as well as up-to-date market news and analysis.

Public Opinion

The public opinion of TMGM is mostly positive, with many users praising its user-friendly interface, secure trading environment, and variety of assets to invest in. However, some users have experienced slow customer support response times and delays in withdrawals due to KYC/AML processes. Overall, TMGM is seen as a reliable online brokerage for those looking for a secure trading environment with high liquidity.

Newsworthy Events

In 2020, TMGM announced a partnership with London-based Fintech firm Binary Financial, allowing users to trade cryptocurrency with leverage. In 2021, TMGM launched its new mobile app, allowing users to access its web platform from their smartphone or tablet. Additionally, TMGM is set to launch a new payment provider that will allow users to deposit funds directly from their bank accounts. This new feature is expected to be available later this year.