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TMG -

Score

1.28 /10
Danger

TMG

Indonesia

1-2 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

https://tradex.id

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Time Machine
Website

Score

Regulatory Index0.00

Business Index5.26

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

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40G

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Warning: Low score, please stay away! 2
Previous Detection : 2025-06-26
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Verification

TMG · Company summary
TMG Review Summary
Founded2023-08-31
Registered Country/RegionIndonesia
RegulationUnregulated
Services and ProductsForex, Commodities, indices, Stocks
Customer Support (Mon-Fri: 24 hours)info@tradex.id
(+6221) 3970-1237

TMG Information

PT. TRADEX MAXIMA GLOBAL (TMG), established in 2023, is a futures trading firm in Indonesia and a futures trading company that organizes the Alternative Trading System (SPA) in Indonesia. It provides system services to futures brokerage companies across Indonesia.

Pros and Cons

Pros Cons
Various trading instrumentsUnregulated
MT5 availableLimited business scope

Is TMG Legit?

There is no evidence to show that TMG is regulated. Although this company claims to have the business license number 007/UPTP/OKT/10/2023 issued by BAPPEBTI, it is recommended to choose a regulated company with lower risks for trading.

regulated
regulated

What Can I Trade on TMG?

On the TMG platform, investors have access to various tradable instruments. In terms of forex, it supports the trading of global foreign exchange currency pairs. Index products include the NASDAQ index, various U.S. indices (Dow Jones, S&P 500, NASDAQ), the Hong Kong Hang Seng Index, and the Japanese Nikkei Index. In addition, it also covers multiple asset classes such as commodities and individual U.S. stocks.

Tradable Instruments Supported
Forex✔
Indices✔
Stocks✔
Commodities✔
Shares❌
ETFs❌
Bonds❌
Mutual Funds❌

Trading Platform

TMG uses MetaTrader 5 as its trading platform, which supports a variety of trading products and the function of automated trading. Moreover, it has desktop, mobile, and web versions, making it convenient for investors to conduct trading operations in different scenarios.

Trading PlatformSupported Available Devices Suitable for
MetaTrader 5✔Desktop, Mobile, and WebExperienced traders

User Reviews

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User comment

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Comments

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DSimuncic
6-12months
I came for the MetaTrader 5 trading system. Although some information on the platform is not transparent enough, the customer service responds fairly promptly.
I came for the MetaTrader 5 trading system. Although some information on the platform is not transparent enough, the customer service responds fairly promptly.
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2025-06-09 11:56
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efipe
6-12months
I have been trading on the TMG platform for a while. What attracts me the most is its rich variety of trading products. I can operate foreign exchange and individual U.S. stocks simultaneously on one platform.
I have been trading on the TMG platform for a while. What attracts me the most is its rich variety of trading products. I can operate foreign exchange and individual U.S. stocks simultaneously on one platform.
Translate to English
2025-06-09 11:56
Reply
0
0