Is TMGM a Scam? Regulation Check 2026
We checked TMGM's licence in the official ASIC register. Here is what the public records say.
Verdict
TMGM is NOT a scam. It holds ASIC licence 436416, authorising it to offer trading services in Australia.
How to verify on the official register
| Regulator | ASIC ASIC Australian Securities and Investments Commission (ASIC) |
| Licence Number | 436416 |
| Regulated Entity | TradeMax Australia Ltd |
| Founded | 2013 |
What ASIC regulation means
ASIC-regulated brokers must keep client funds in segregated accounts, provide negative balance protection, and submit to independent audits. Clients can file complaints with ASIC directly.
What ASIC regulation means for your money
- Client funds held in segregated bank accounts, separate from TMGM's own capital
- Negative balance protection — you cannot lose more than your deposit
- Right to file complaints directly with ASIC if TMGM fails to resolve your issue
- TMGM submits to regular independent financial audits under ASIC oversight
Frequently Asked Questions
Is TMGM a scam or legitimate?
TMGM is NOT a scam. It holds ASIC licence number 436416. ASIC is one of the world's most respected financial regulators. The licence is publicly verifiable in the ASIC official register.
How do I check TMGM's ASIC licence?
Go to the official ASIC website and use the public register search. Search for licence number 436416 or the entity name. The record will confirm TMGM's authorisation status and the scope of its permissions.
Are my funds safe with TMGM?
As an ASIC-regulated broker, TMGM must keep all client funds in segregated bank accounts, completely separate from company funds. This protects your deposits even if TMGM encounters financial difficulties.
What protection do I have as a TMGM client in Australia?
In Australia, TMGM operates under ASIC supervision. You are entitled to: segregated client funds, negative balance protection (you cannot lose more than you deposit), and the right to file complaints directly with ASIC.
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