We have been searching the internet for a CFD trading site that meets the needs of the most demanding trader, and we finally found a top product with our discovery of TMGM. The long and short of it is that TMGM can provide what any CFD investor could ever want. TMGM gives you portfolio access to over 12,000 products in seven asset classes, which means you can trade CFDs for Equities (shares), Crypto, Forex, Futures, Indices, Energy, and Metals. They also do this with access to significant leverage (up to 1:500) and razor-thin spreads.

According to the industry Q2 of 2022 report, TMGM is a top 10 global retail FX broker, having most recently climbed to the sixth rank with $293 billion monthly trading volume.

TMGM sits at rank 11 among the worlds largest brokers based on FX volume. Furthermore, the FX volume has continued to increase over the past seven quarters.

Moreover, both MT4 & MT5 trading volume and social media performance in Q2 2022 ranked third place in the industry.

TMGM Overview

There are several brokers' sites where you can trade CFDs, but many of them are just cash cows for their owners. They will include warnings about how many of their clients lose, which is almost always greater than 50%. And many will charge excessive fees and have large spreads resulting in smaller profits. Its apparent that TMGM wants to have long-term successful relationships with its clients, and this begins with the range of markets that TMGM serves.

MGM Outshines the Competition

The long-standing history and reputation of TMGM cannot be beaten, and this is why the majority of traders choose TMGM, but they also over the best-in-class features that traders want to see from a CFD broker.

Leverage and Spreads

TMGM has CFDs for more than 50 currency pairs, and you can make profits from the smallest of price changes with the 0.0 pips spreads with their Edge account, and both their Edge and Classic accounts have leverage that is up to 1:500 depending on the asset. 

Free Deposits and Withdrawals

Both deposits and withdrawals are fee-free, unlike many brokers that will charge you to set up an account or have to pay to get your money out. You can open an account with as little as $100, and accounts can be opened with AUD, EUR, CAD, GBP, NZD, and USD, and there are several methods to send your money to TMGM. Withdrawals get processed within one business day of request. Some brokers will keep your money for extended periods causing unnecessary worry which is not the case with TMGM.

Liquidity

Because TMGM is a prominent and well-respected CFD broker, it can deliver excellent liquidity for its currency pairs and other assets by giving access to 10+ Tier 1 liquidity providers that ensure that trades are always filled at the best possible rates with slim spreads, even with large volume orders. 

Transparency

When you trade with TMGM, the spreads are clearly displayed, allowing traders to make confident trade decisions. Other brokers may attempt to hide their unfavorable spreads. 

Dividends

TMGM pays their stock and index CFD holders dividends, so you dont miss out on these valuable benefits that their underlying equities provide. 

Social media

TMGM has been working hard on its social media presence; they recently reported that they had taken the third spot for most popular brokers. This kind of traction means that they will grow their user base further, and this benefits the current users, who will continue to see the best liquidity and slimmest margins for trades in the future. 

Loyalty Points

All TMGM traders can receive a minimum of 10 loyalty points for every lot they trade, and the higher a traders status, the more points they receive. Loyalty points can be traded at the TMGM store for cashback or other items.

Swap-free accounts

TMGM has specific accounts available in both their Edge and Classic varieties that are for traders who are unable to receive or pay interest due to religious beliefs, making them Islamic banking compliant.

Summary

After providing service to thousands of clients over the years, TMGM knows how to deliver exactly what the CFD trading community wants, and they do just that. The model is not complicated; access to good info, fast execution speeds, a large selection of assets with small transparent spreads, and low or no added costs, combined with superior customer service when its needed. TMGM delivers these and more, which is why they are continuing to build their customer base, now and into the future.