Forex

Trade CFDs on 50+ FX pairs and benefit from razor-thin spreads and lightning execution.

Why Trade CFDs on Forex?


The Foreign Exchange market is the largest and most liquid market in the world with a daily trade volume of over $6.5 trillion dollars., eclipsing the likes of the New York Stock Exchange which by comparison, has a trading volume of only $20+ billion per day.

It is also the market that caters to all traders no matter which part of the world you may live in as it’s open 24 hours a day, 5 days a week.
EURUSD
Bid
Ask
Spread
Leverage Up to 1:1000
USDJPY
Bid
Ask
Spread
Leverage Up to 1:1000
GBPUSD
Bid
Ask
Spread
Leverage Up to 1:1000
AUDUSD
Bid
Ask
Spread
Leverage Up to 1:1000
USDCAD
Bid
Ask
Spread
Leverage Up to 1:1000

Why Trade Forex with TMGM?


We always ensure you get the best trading conditions with our deep liquidity and lightning-fast execution speed execution technology.
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Bid 1.10003
Ask 1.10004
Spread 0.1

The many reasons<br class="hidden md:block">you should trade Forex with TMGM:


Over 50+ FX Pairs

Trade majors, minors, emerging and exotic currencies from your TMGM MT4/MT5 account!

Spreads from 0.0 pips

Our proprietary TMGM Aggregation engine helps you consistently get the best spreads.

10+ Tier 1 Liquidity Providers

Benefit from the deep liquidity of our pool of top tier liquidity providers to ensure you always get filled at the best rates.

NY4 Servers

Ensure lightning-speed execution with our strategically located NY4 Servers.

Up to 1:1000 Leverage

Trade to your maximum potential with high 1:1000 leverage

All strategies allowed

Whether you’re a scalper, news trader or EA trader - TMGM provides you the best environment to fulfil your potential.

No Requotes

Never experience a single requote with our deep liquidity pool and lightning execution speeds.

Trusted & Regulated Broker

TMGM has three reputable licenses – ASIC, VFSC & FSC. You can rest assured that your funds are safe with us.

Spread transparency


When you have nothing to hide

Major Currency Pairs

Major currency pairs are made up of the world’s most popular and liquid currencies. They are all traded against the US Dollar and have the tightest spreads in forex trading.
Bid Ask
EURUSD
GBPUSD
USDJPY
USDCHF
USDCAD
AUDUSD
NZDUSD

Minor Currency Pairs

When a currency pair does not include the US Dollar, it is called a minor currency pair or a cross-currency pair.
Bid Ask
AUDCAD
AUDCHF
AUDJPY
AUDNZD
CADCHF
CADJPY
CHFJPY
EURAUD
EURCAD
EURCHF
EURGBP
EURJPY
EURNZD
GBPAUD
GBPCAD
GBPCHF
GBPJPY
GBPNZD
NZDCAD
NZDCHF
NZDJPY

Exotic Currency Pairs

An exotic currency pair includes a major currency and the currency of a developing economy. These exotic currency pairs are usually less liquid hence having higher spreads.
Bid Ask
AUDSGD
EURSGD
GBPSGD
NZDSGD
USDSGD
SGDJPY
AUDZAR
CHFZAR
EURCZK
USDCZK
USDMXN
USDZAR
AUDCNH
EURCNH
EURHKD
EURNOK
EURSEK
EURTRY
GBPNOK
GBPSEK
NOKSEK
NZDSEK
USDCNH
USDDKK
USDHKD
USDNOK
USDRUB
USDSEK
USDTRY
CHFHUF
EURHUF
USDHUF

Frequently Ask Question

The first step to getting started in forex trading is to find a reputable broker like TMGM. You should take steps to learn how to assess the market and manage trades before risking real money. You can do this by opening a demo account before depositing real money and opening a real CFD position

When you start trading, it is a good idea to limit your use of leverage until you are confident in your strategies and able to properly employ risk management tools.

Because of leverage, you do not need a lot of capital to trade currency CFDs. For TMGM, the minimum is $100. You may need to meet margin requirements if you wish to use leverage, but as long as you meet the minimum deposit requirement, you can start your trading career.

Prices can be affected by the economic situation in both countries in a currency pair. International conflicts, trade deals, tax law changes, and other factors can also affect markets, as can government or central bank policies and interest rate changes.

Forex trading involves currencies, while the stock market is for trading shares issued by companies and funds that contain multiple stocks. Currency markets are global, while stocks are usually limited to their home country. However, the most popular brokers offer stocks and currency CFDs.

Many countries consider forex trading a legitimate way to earn an income. As such, any profits you make from spot or CFD markets are subject to income taxes. Calculate your profits and losses for the year. If you had a profitable year (if the difference between your profits and losses is greater than $0), you will pay taxes on your total annual profits.

Equity in forex trading is the amount of capital you have in your account. If you are not engaged in any trading, then your equity is the same as the balance in your account.

The concept is slightly more complicated if you have open positions. In these cases, the equity is the balance plus the profit or minus the loss of your current trades. Therefore, your equity can change minute by minute.

Free margin is the amount of money that you have available in your account for trading at a given moment. Think of it as the total amount you can withdraw from your account. Brokers have a margin requirement, which is the amount of capital you must contribute to a leveraged trade.

If you use leverage with a 1:10 margin requirement and have an open position worth $10,000, you must keep $1,000 in your account. If you have $5,000 in your account, you have $4,000 in free margin. If you close the $10,000 position, the $1,000 will become part of the free margin total.

The forex market is the busiest financial market in the world. Approximately $5 trillion change hands every day. Depending on world events, market news, and other factors, the total can be slightly higher or lower.

The most traded pairs on the market include EUR/USD, USD/JPY, GBP/USD, and AUD/USD.

Contracts for difference (CFDs) track spot forex pairs. However, CFDs do not require purchasing and holding the currency. This trait makes CFDs more convenient than spot trading for retail traders.

A buy limit is a set price at which a trader wants to execute a trade. The trader sets a buy limit order and waits for the market to reach that price. If it does, the position will open automatically.

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