# TMGM — MetaTrader 5 Australia research scope · Trademax Australia Limited (selected /en-au offer); Trademax Global Limited separately checked. Some details unconfirmed. Reference page: /demo-accounts/tmgm-mt5-au.html Documentation research, not account or execution testing. Research regions do not establish residence eligibility. Requires Verification is an evidence gap, not proof of unavailability. Source conflicts and product/entity qualifications must remain attached to claims. Demo results do not establish live trading performance. ## Research checked 2026-10-12 ## Testing status Not tested ## Recorded virtual amount Requires Verification ## Recorded currency Requires Verification ## Virtual funds Not recorded ## Balance qualifications Current starting balance not established in this research. ## Expiry category unknown ## Expiry rule Not established ## Expiry qualifications See documented terms for scope and exceptions. ## Evidence category Some details unconfirmed ## Signup requirements See the documented terms below. Account opening has not been tested. ## Notes and remaining checks Confirm Australian expiry, starting balance, currency choices and reset/top-up policy Resolve whether identity verification precedes initial demo or only portal-created additional demos Verify exact international entity before applying global terms outside Australia ## Record ID tmgm-mt5-au ## Broker TMGM ## Legal entity Trademax Australia Limited (selected /en-au offer); Trademax Global Limited separately checked ## Research region codes - AU ## Research region code AU ## Research region Australia ## Research scope Australia (selected demo); Vanuatu (separate affiliate) ## Platform code mt5 ## Platform MetaTrader 5 ## Documented terms AU FAQ offers Classic/Edge demos on MT4/MT5 via short application; extra demos through portal. Starting funds, expiry and demo-only KYC not specified there. International help page says 30-day fixed expiry, deletion without restoration, new demo anytime, identity verification before adding demos, and self-service virtual top-ups; applicability to AU flow remains unconfirmed. ## Entity assignment Australian demo FAQ maps directly to ASIC entity and explicitly targets Australian residents. International help page lists four group entities; its terms are not silently applied to this Australian offer. ## Eligibility and regional limits Selected /en-au website targets Australian residents; US excluded. International availability requires separate country/entity mapping. ## What the evidence establishes Official Australian demo offer verified; some term applicability unresolved; no functional test ## Supporting sources - [TMGM Australian FAQ]() — source ID: tmgm-4 - [TMGM international Demo help centre]() — source ID: tmgm-5 ## Official information source [TMGM Australian FAQ]() ## Entity and regulatory research ### Evidence status Verified ### Legal entity Trademax Australia Limited (selected /en-au offer); Trademax Global Limited separately checked ### Regulator Australian Securities and Investments Commission; Vanuatu Financial Services Commission ### Finding ASIC live register: Trademax Australia Limited CURRENT, AFSL436416 commenced21-May-2013; principal website tmgm.com/en-au. Conditions14-Apr-2026 permit dealing/market-making in derivatives and foreign exchange contracts for retail/wholesale clients. ASIC's 2024 interim DDO orders were lifted25-Jun-2024. Separate Trademax Global Limited40356 is Active on VFSC list. ### Scope Australian demo FAQ maps directly to ASIC entity and explicitly targets Australian residents. International help page lists four group entities; its terms are not silently applied to this Australian offer. ### Supporting sources - [ASIC Professional Register — Trademax Australia Limited]() — source ID: tmgm-reg-1 - [ASIC 24-109MR with revocation update]() — source ID: tmgm-reg-2 - [VFSC Financial Dealers Licensee List]() — source ID: tmgm-reg-3 - [TMGM Australian FAQ]() — source ID: tmgm-reg-4 - [TMGM international Demo help centre]() — source ID: tmgm-reg-5 ## Official entry route ### Route type portal ### Notes and remaining checks Demo registration portal; select your platform. ### Evidence status Official entry route ### URL https://portal.tmgm.com/register?language=en®ister\_type=demo ### Route source https://www.tmgm.com/en-au/faq ### Research checked 2026-10-13 ### Testing status Not tested ## Execution and demo realism ### Scope Trademax Australia Limited · selected Australian MT4/MT5 offer; findings are not assigned to Trademax Global Limited. ### Testing status Not tested ### Contractual role #### Finding Principal #### Evidence status Documented #### Notes and remaining checks Section 2.1.1 of the current Australian legal-page agreement makes Trademax Australia principal and counterparty to all trades. #### Supporting sources - [Trademax Australia client agreement]() — source ID: ex-c-tmgm-contract #### Research checked 2026-10-13 ### Execution arrangement #### Finding Market Execution #### Evidence status Broker-reported #### Notes and remaining checks The Australian FAQ describes execution at the requested price or next available price, with a stated exception for limit orders and take profit. #### Supporting sources - [TMGM Australian FAQ]() — source ID: ex-c-tmgm-faq #### Research checked 2026-10-13 ### Demo realism #### Finding Execution can differ in high volatility #### Evidence status Documented #### Notes and remaining checks The Australian account-types FAQ explicitly warns that demo and live execution may differ during high volatility; the surrounding answer identifies MT4/MT5 Classic and Edge demos. #### Supporting sources - [TMGM Australian FAQ]() — source ID: ex-c-tmgm-faq #### Research checked 2026-10-13 ### Research review #### Research checked 2026-10-13 #### Review outcome Role: Principal; Arrangement: Market Execution; Demo: Execution can differ in high volatility. Official documentation review only; no account or order tests. #### Remaining checks - Obtain detail on simulated slippage, rejection, liquidity and charges for Classic/Edge on each platform. ## Demo markets ### Scope Trademax Australia Limited (selected /en-au offer); Trademax Global Limited separately checked · Australia · MetaTrader 5. Market coverage not yet reviewed. ### Testing status Not tested ### Forex CFDs #### Evidence status Requires Verification #### Notes and remaining checks Forex CFD demo access has not been established for this entity and platform. #### Supporting sources No supporting source recorded for this field. #### Research checked Requires Verification ### Cryptocurrency CFDs #### Evidence status Requires Verification #### Notes and remaining checks Cryptocurrency CFD demo access has not been established for this entity and platform. #### Supporting sources No supporting source recorded for this field. #### Research checked Requires Verification ## API access ### Evidence status Requires Verification ### Type Requires Verification ### Access route Not established for this offering ### Notes and remaining checks API access has not yet been established for this legal entity and demo platform. This does not mean it is unavailable. ### Requirements Confirm the account, platform and regional requirements with the broker. ### Supporting sources No supporting source recorded for this field. ### Official documentation No supporting source recorded for this field. ### Research checked Requires Verification ### Testing status Not tested ## Official sources ### Trademax Australia client agreement Source ID: ex-c-tmgm-contract https://tmgm-cdn.oss-cn-hongkong.aliyuncs.com/marketing/asic/en-AU/20241114_Client_Agreement_-_Trademax_Australia_Limited.pdf #### Source owner Broker #### Research checked 2026-10-13 #### Source locator Section 2.1.1, page 4 #### Source access note Current Australian legal-documents page linked PDF; opened and read. ### TMGM Australian FAQ Source ID: ex-c-tmgm-faq https://www.tmgm.com/en-au/faq #### Source owner Broker #### Research checked 2026-10-13 #### Source locator What type of accounts does TMGM offer? and What types of Execution are applied to TMGM trades? #### Source access note Official page/PDF opened and read; no account opened or trading tested. ### TMGM Australian FAQ Source ID: tmgm-4 https://www.tmgm.com/en-au/faq #### Source owner Broker #### Evidence category Classic/Edge MT4/MT5 demos; short application; Australian entity and resident scope. #### Source access note Direct page read 2026-10-12; signup link rendered only JavaScript shell in web tool. ### TMGM international Demo help centre Source ID: tmgm-5 https://www.tmgm.com/es/trading/help-center/demo #### Source owner Broker #### Evidence category English body specifies30-day expiry/deletion, identity-verification route and self-service virtual funding; footer lists multiple entities. #### Source access note Direct page read 2026-10-12. Australian equivalent unavailable; cross-region applicability not established. ### ASIC Professional Register — Trademax Australia Limited Source ID: tmgm-reg-1 https://service.asic.gov.au/search/EntityDetail?LicenceNumber=436416&PermissionType=Australian%20financial%20services%20licensees&licenceName=TRADEMAX%20AUSTRALIA%20LIMITED #### Source owner Regulator #### Evidence category CURRENT licence436416; principal website matches /en-au; current conditions cover derivatives and FX for retail/wholesale. #### Source access note Interactive browser search436416, exact detail and14/04/2026 conditions opened 2026-10-12. ### ASIC 24-109MR with revocation update Source ID: tmgm-reg-2 https://asic.gov.au/about-asic/news-centre/find-a-media-release/2024-releases/24-109mr-asic-issues-ddo-stop-orders-against-trademax-australia/ #### Source owner Regulator #### Evidence category Editor's note2 says DDO stop orders lifted from25-Jun-2024; do not present old orders as current. #### Source access note Official regulator publication read 2026-10-12. ### VFSC Financial Dealers Licensee List Source ID: tmgm-reg-3 https://www.vfsc.vu/financial-dealers-licensee-list/ #### Source owner Regulator #### Evidence category Separate Trademax Global Limited40356, Active, classes A/B/C, licence22-Dec-2022. #### Source access note Direct live table read; not the Australian demo entity. ### TMGM Australian FAQ Source ID: tmgm-reg-4 https://www.tmgm.com/en-au/faq #### Source owner Broker #### Evidence category Classic/Edge MT4/MT5 demos; short application; Australian entity and resident scope. #### Source access note Direct page read 2026-10-12; signup link rendered only JavaScript shell in web tool. ### TMGM international Demo help centre Source ID: tmgm-reg-5 https://www.tmgm.com/es/trading/help-center/demo #### Source owner Broker #### Evidence category English body specifies30-day expiry/deletion, identity-verification route and self-service virtual funding; footer lists multiple entities. #### Source access note Direct page read 2026-10-12. Australian equivalent unavailable; cross-region applicability not established.