TMG (TRADEX MAXIMA GLOBAL) Review - How About the Trading Platform? Is It Safe? - WikiFX

WikiFX | 2025-05-07 15:24

abstrak：TMG is an Indonesian futures trader established in 2023, offering diverse instruments through MetaTrader 5. Let's take a look at its regulatory situation.

TMG Review Summary
Founded	2023-08-31
Registered Country/Region	Indonesia
Regulation	Unregulated
Services and Products	Forex, Commodities, indices, Stocks
Customer Support (Mon-Fri: 24 hours)	info@tradex.id
Customer Support (Mon-Fri: 24 hours)	(+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 instruments	Unregulated
MT5 available	Limited 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.

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.