Home Forex Brokers Trademax Global Limited

Trademax Global Limited

4.4 / 10 Overall Score

Website: https://www.trademioermpll.com/en
Jurisdiction: China
Operating Since: 2-5 years
Regulatory Status: N/A

Score Breakdown

License
Regulation
Business
Risk Control
Software

Company & Contact

Legal Name: Trademax Global Limited
Phone: —
Email: support@trademioermpll.com
Address: —

License Info: [{"监管状态": "CYSEC Unverified", "牌照信息": "Cyprus STP"}]

In-Depth Broker Review

What’s inside: Company overview, account types, and deposit & withdrawal guidance.

Company Profile
Account Types
Deposit & Withdrawal

Broker Details

# Trademax Global Limited Company

## Company Overview

Trademax Global Limited company, commonly referred to as TMGM, operates as a forex broker and financial services provider. Established in 2013, TMGM focuses on delivering a wide range of trading services across various financial markets, including forex, commodities, indices, and shares. The company was originally known as TradeMax before rebranding to TMGM in 2018.

The parent company of TMGM is Trademax Group, which encompasses several subsidiaries and affiliated entities operating in different regions. TMGM is headquartered in Port Vila, Vanuatu, and maintains additional offices in Australia, including major cities such as Sydney, Melbourne, and Brisbane.

The global business scope of Trademax Global Limited involves providing trading services to clients worldwide, with a particular emphasis on catering to both retail and institutional clients.

## Corporate Development

Since its inception in 2013, Trademax Global Limited has experienced notable growth stages. The company underwent a significant rebranding in 2018, transitioning from TradeMax to TMGM, which coincided with an expansion of its service offerings to reach a broader audience. By 2020, TMGM had achieved substantial growth in trading volume, establishing itself as a significant player in the forex and CFD markets.

## Corporate Structure and Subsidiaries

Trademax Global Limited operates through multiple legal entities to comply with local regulations in various jurisdictions. Key subsidiaries include:

- **Trademax Australia Limited**: Regulated by the Australian Securities and Investments Commission (ASIC).
- **Trademax Global Markets (NZ) Limited**: Regulated by the Financial Markets Authority (FMA) in New Zealand.
- **Trademax Global Limited**: Regulated by the Vanuatu Financial Services Commission (VFSC).

The leadership of TMGM is headed by CEO Lee Yu, and the company emphasizes a structured internal organization that includes various departments focused on client support, compliance, and trading operations.

## Regulation and Compliance

Trademax Global Limited company is regulated by several top-tier financial authorities, including:

- **ASIC (Australia)**: License number 436416
- **FMA (New Zealand)**: License number FSP569807
- **VFSC (Vanuatu)**: License number 40356

TMGM adheres to strict client fund protection policies, ensuring that client funds are kept in segregated accounts separate from the company's operational funds. This segregation is a critical measure for safeguarding client assets in the event of financial difficulties faced by the company. Additionally, TMGM undergoes regular independent audits to maintain compliance with regulatory standards.

The company does not accept clients from certain jurisdictions, including the United States, due to regulatory restrictions.

## Global Presence and Market Coverage

Trademax Global Limited serves clients globally, with a primary focus on regions such as Australia, New Zealand, and Asia. The company has established branches in key Australian cities, which allows it to tap into diverse markets and client bases. TMGM also engages in partnerships and strategic initiatives aimed at enhancing its market presence and service offerings.

## Financial and Operational Data

Currently, detailed financial data regarding the size of operations, such as employee numbers or transaction volumes, is not disclosed publicly. However, TMGM has been noted for its significant trading volume, which reportedly reached $220 billion, highlighting its operational scale in the forex and CFD markets.

## Reputation and Industry Standing

Trademax Global Limited is perceived as a reputable broker within the forex and financial community, supported by its regulatory compliance and diverse range of trading instruments. The company has received positive reviews from users and industry analysts, emphasizing its commitment to customer service and innovative trading solutions. TMGM has also established partnerships with well-known entities, including sponsorship of the Australian Open tennis tournament.

## Summary

In summary, Trademax Global Limited company operates as a reputable forex broker with a solid regulatory background and a commitment to providing a diverse range of financial services. With regulatory oversight from ASIC, FMA, and VFSC, TMGM demonstrates operational integrity and a strong market presence, catering to the needs of both retail and institutional clients globally.

Account Types

# Trademax Global Limited Account Types

Trademax Global Limited offers several account types tailored to meet the diverse needs of traders. Below is a summary of the available accounts:

### 1. Classic Account
- **Minimum Deposit Requirement**: $100
- **Spreads/Commission Model**: Spreads start from 1.0 pips; no commission fees.
- **Leverage Limits**: Up to 1:500
- **Trading Instruments Available**: Forex pairs, commodities, indices, stocks, and cryptocurrencies.
- **Base Currencies Supported**: USD, EUR, GBP, AUD, CAD, NZD.
- **Execution Model**: Market execution.
- **Unique Features**: None specified.

### 2. Edge Account
- **Minimum Deposit Requirement**: $100
- **Spreads/Commission Model**: Raw spreads starting from 0.0 pips; commission of $7 per round turn (equivalent to $3.5 per lot in one direction).
- **Leverage Limits**: Up to 1:500
- **Trading Instruments Available**: Forex pairs, commodities, indices, stocks, and cryptocurrencies.
- **Base Currencies Supported**: USD, EUR, GBP, AUD, CAD, NZD.
- **Execution Model**: ECN (Electronic Communication Network).
- **Unique Features**: Swap-free option available.

### 3. Iress Accounts
- **Minimum Deposit Requirement**: $5,000 (Standard Account); $10,000 (Premium Account); $50,000 (Gold Account).
- **Spreads/Commission Model**: Spreads vary; commission rates apply based on account type.
- **Leverage Limits**: Varies based on the account type and trading instruments.
- **Trading Instruments Available**: Full range of CFD shares.
- **Base Currencies Supported**: USD, EUR, GBP, AUD, CAD, NZD.
- **Execution Model**: Market execution.
- **Unique Features**: Access to a full range of CFD shares and advanced trading tools.

# Trademax Global Limited Broker Account Opening Process

Opening an account with Trademax Global Limited involves a straightforward process. Below are the steps to register:

1. **Visit the Official Website**: Go to the Trademax Global Limited website and click on the “Sign Up” or “Open Account” button.
2. **Complete the Registration Form**: Fill in your personal details, including your full name, email address, phone number, and desired account type.
3. **Identity Verification**: Upload the required documents for KYC (Know Your Customer) verification, which may include a government-issued ID and proof of address (such as a utility bill or bank statement).
4. **Set Up Your Trading Account**: Choose your account currency and leverage. Note that the account currency cannot be changed once set.
5. **Submit Your Application**: Once all information is filled out and documents uploaded, submit your application for review.
6. **Account Approval**: The approval process typically takes one business day, after which you will receive a confirmation email.
7. **Deposit Funds**: After approval, log in to your account and make your initial deposit using one of the accepted payment methods.
8. **Access Trading Platforms**: Once your account is funded, you can download and access the trading platforms (MT4, MT5, or Iress) to start trading.

Optional steps may include setting up a demo account for practice before trading with real funds.

Deposit & Withdrawal

# Trademax Global Limited Deposit & Withdrawal Guide 2025: Methods, Limits, and Processing Times Explained

## Trademax Global Limited Minimum Deposit Explained

### Exact Minimum Deposit Amount
The minimum deposit required to open an account with Trademax Global Limited is **$100** or its equivalent in other currencies. This amount is considered relatively low compared to many brokers in the industry.

### Account-Type Comparison
Trademax offers various account types, including:
- **Classic Account**: Requires a minimum deposit of $100.
- **Edge Account**: Also requires a minimum deposit of $100.
- **Iress Account**: This account type has a higher minimum deposit, typically starting at **$5,000**.

### Regional Differences
While the minimum deposit is generally $100, traders from specific regions may face different requirements due to local regulations. For instance, some regions may have a minimum deposit of $1,000.

### Advantages
1. **Low Entry Barrier**: The minimum deposit of $100 makes it accessible for beginner traders.
2. **Multiple Account Types**: Offers flexibility to choose based on trading experience and needs.
3. **No Deposit Fees**: Trademax does not charge fees for deposits.
4. **Regulated Environment**: Operates under the supervision of ASIC and VFSC, ensuring a level of security for traders.

### Disadvantages
1. **Higher Minimum for Advanced Accounts**: The Iress account has a significantly higher minimum deposit.
2. **Limited Local Options**: Some regions may not have local deposit options.
3. **Potential Currency Conversion Fees**: Depending on the deposit currency, traders may incur conversion fees.
4. **Withdrawal Restrictions**: Minimum withdrawal limits may apply based on the payment method.

### Competitor Comparison
Compared to competitors like FP Markets, which has a minimum deposit of **$100**, Trademax is on par. However, brokers like OANDA require a minimum deposit of **$0**, making them more attractive for traders looking for flexibility.

## Trademax Global Limited Deposit Methods Comprehensive Guide

### List of Deposit Methods
1. **Bank Wire Transfer**
   - **Processing Time**: 1 to 5 business days.
   - **Fees**: No fees from Trademax; potential fees from banks.
   - **Availability**: Global.
   - **Limits**: Minimum deposit of $100.
   - **Pros**: Secure method; suitable for large deposits.
   - **Cons**: Slower processing time.

2. **Credit/Debit Cards (Visa/Mastercard)**
   - **Processing Time**: Instant to 2 business days.
   - **Fees**: No fees from Trademax; may incur a 1-3% fee from card providers.
   - **Availability**: Global.
   - **Limits**: Minimum deposit of $100.
   - **Pros**: Fast processing; widely accepted.
   - **Cons**: Possible transaction fees.

3. **E-Wallets (Skrill, Neteller, Wise, Revolut)**
   - **Processing Time**: Instant to 1 business day.
   - **Fees**: No fees from Trademax; third-party fees may apply.
   - **Availability**: Global.
   - **Limits**: Minimum deposit of $100.
   - **Pros**: Quick transactions; convenient.
   - **Cons**: Not all e-wallets may be available in every region.

4. **Cryptocurrency (Bitcoin, USDT)**
   - **Processing Time**: 10 minutes to 1 hour.
   - **Fees**: No fees from Trademax; network fees may apply.
   - **Availability**: Global.
   - **Limits**: Minimum deposit of $100.
   - **Pros**: Fast and secure; anonymity.
   - **Cons**: Volatility of cryptocurrency values.

5. **Local Payment Options**
   - **Processing Time**: Up to 12 hours for some regions (e.g., Indonesia, India).
   - **Fees**: No fees from Trademax.
   - **Availability**: Limited to specific countries.
   - **Limits**: Minimum deposit of $100.
   - **Pros**: Quick and tailored for local users.
   - **Cons**: Limited availability.

### Supported Currencies and Recommended Methods
Trademax supports multiple currencies, including USD, EUR, GBP, AUD, NZD, and CAD. For best results, using a payment method that matches your account's base currency can help avoid conversion fees. Credit/debit cards and e-wallets are generally recommended for their speed and convenience.

## Trademax Global Limited Deposit Steps Explained

### Step-by-Step Deposit Procedure
1. **Log in to Your Account**: Access the Trademax website or mobile app and enter your credentials.
2. **Navigate to the Deposit Section**: Find the "Deposit" or "Funding" area in the main menu.
3. **Select a Payment Method**: Choose from the available deposit options (bank wire, credit card, e-wallet, etc.).
4. **Enter Deposit Details**: Specify the amount you wish to deposit (minimum $100) and provide any required payment information.
5. **Confirm the Transaction**: Review the details for accuracy and click "Deposit" or "Submit."

### Mobile vs Web Differences
The deposit process is similar across both mobile and web platforms. However, mobile users may find a more streamlined interface for quick transactions.

### KYC Notes and Common Issues
Trademax may require KYC (Know Your Customer) verification, which includes submitting identity and address proof. Common issues may arise from incorrect payment details or insufficient funds, which can be resolved by double-checking information before submission.

### Typical Fund Crediting Times
Deposits via credit/debit cards and e-wallets are typically credited instantly, while bank wire transfers may take 1 to 5 business days.

## Trademax Global Limited Withdrawal Methods Overview

### Available Withdrawal Channels
1. **Bank Wire Transfer**
   - **Processing Time**: 3 to 5 business days.
   - **Fees**: No fees from Trademax; bank fees may apply.
   - **Availability**: Global.
   - **Limits**: Minimum withdrawal amount is typically $100.
   - **Pros**: Secure method.
   - **Cons**: Longer processing times.

2. **Credit/Debit Cards**
   - **Processing Time**: 1 business day.
   - **Fees**: No fees from Trademax; may incur third-party fees.
   - **Availability**: Global.
   - **Limits**: Minimum withdrawal amount is typically $100.
   - **Pros**: Fast processing.
   - **Cons**: Possible fees from card providers.

3. **E-Wallets (Skrill, Neteller, Wise, Revolut)**
   - **Processing Time**: Up to 24 hours.
   - **Fees**: No fees from Trademax; third-party fees may apply.
   - **Availability**: Global.
   - **Limits**: Minimum withdrawal amount is typically $100.
   - **Pros**: Quick and convenient.
   - **Cons**: Not all e-wallets may be available in every region.

### Processing Times, Fees, Currencies, Limits, and Regional Rules
Withdrawals are generally processed within 1 business day, but the total time until funds are received can vary based on the method used. The minimum withdrawal amount is typically set at **$100**, with no fees charged by Trademax. However, third-party services may impose their own fees.

### Pros and Cons per Method
- **Bank Wire**: Secure but slower.
- **Credit/Debit Cards**: Fast but may incur fees.
- **E-Wallets**: Quick and convenient but availability may vary.

### Recommended Options by Cost and Speed
For the fastest and most cost-effective withdrawals, e-wallets like Skrill and Neteller are recommended, as they typically process requests within 24 hours without additional fees.

## Trademax Global Limited Withdrawal Steps Explained

### Step-by-Step Withdrawal Instructions
1. **Log in to Your Account**: Access your Trademax account through the website or mobile app.
2. **Go to the Withdrawal Section**: Navigate to the “Withdrawal Requests” tab.
3. **Choose a Withdrawal Method**: Select your preferred withdrawal method from the available options.
4. **Enter the Amount to Withdraw**: Specify the amount you wish to withdraw, ensuring it meets the minimum requirement.
5. **Submit the Request**: Review your withdrawal details and confirm the request.

### ID Verification Requirements
Before processing your withdrawal, Trademax may require you to complete ID verification. This typically involves submitting a copy of your ID and proof of address.

### Expected Fund Arrival Time
Funds are expected to arrive based on the method chosen: e-wallets within 24 hours, credit/debit cards within 1 business day, and bank wires within 3 to 5 business days.

### Typical Delay Reasons and Fixes
Delays may occur if there are issues with KYC verification, incorrect payment details, or if the withdrawal request is submitted after cut-off times. To avoid delays, ensure all details are accurate and verify your account before requesting a withdrawal.

## FAQs – Trademax Global Limited Deposits & Withdrawals

### What is the minimum deposit for Trademax Global Limited?
The minimum deposit is **$100** or its equivalent in other currencies.

### How long do withdrawals take?
Withdrawals typically take between **1 business day** for e-wallets and credit cards, and **3 to 5 business days** for bank wire transfers.

### Are there fees for deposits or withdrawals?
Trademax does not charge fees for deposits or withdrawals; however, third-party payment systems may impose their own fees.

### Can the same method be used for both?
Yes, generally, the same method used for deposits can also be used for withdrawals.

### Are crypto or local methods supported?
Yes, Trademax supports cryptocurrency deposits and has local payment options available in specific regions.

Disclaimer: This card is for informational purposes only and does not constitute investment advice. Always verify details with official disclosures and regulators.

Trademax Global Limited

Trademax Global Limited

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