Here's how you can deposit to TMGM

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It's great that you are looking for deposit options at TMGM to take charge of your finances. We would encourage you to carry on! Your future self will be grateful to you.

There are several ways to start your journey, let's walk through the options together!

To give you a brief summary: TMGM is an Australian forex broker. It is regulated by both ASIC and VFSC, and is available globally for clients.

THE ESSENCE:

  • The minimum deposit at TMGM is $100
  • TMGM charges $0 for deposits
  • You can only deposit funds to accounts that are in your name
  • Visit TMGM's page to start the process
  • TMGM is a reliable broker regulated by at least one top-tier regulator

First, let's see if TMGM is available in your country?

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68% of retail CFD accounts lose money

Disclaimer: 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you can afford to take the high risk of losing your money.

TMGM minimum deposit
Is TMGM safe?

To trust your money with a broker, you need to be sure that the broker is considered reliable. BrokerChooser only recommends regulated brokers, meaning the broker's operations are overseen by a trusted body.

TMGM can be considered a legit broker, as it is overseen by at least one top-tier regulator, which is a great sign for reliability.

For you, this means that your money is in good hands and you will be able to access your funds.

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68% of retail CFD accounts lose money

TMGM minimum deposit
What is the minimum deposit at TMGM?

At TMGM, the minimum deposit amount is $100.

This means that you have to deposit at least $100 to be able to start trading.

After you have completed the registration and verification process, you need to fund your account to start trading.

This is where you stand in your journey to your first trade at TMGM

Here's tip: don't worry if you decide to switch brokers after depositing. You can always opt out and withdraw your funds.

Pay attention to the inactivity fee though. At TMGM, there is an inactivity fee, with the following conditions: $30 inactivity fee per month if your account balance falls below $500 or if it remains inactive for over six months.

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68% of retail CFD accounts lose money

TMGM minimum deposit
What currencies can I use at TMGM?

At TMGM, the following base currencies are available: AUD, USD, EUR, GBP, NZD, CAD. Try to deposit money to your brokerage account in your account's base currency, otherwise you will be charged a conversion fee.

To avoid high conversion fees, consider opening a multi-currency account at a digital bank.

TMGM minimum deposit
What deposit options do I have at TMGM?

At TMGM, you have multiple options to choose from when you want to deposit money to your account. These options are the following: Bank transfer, Credit/debit cards, Paytrust, Neteller, Sticpay, Skrill, Fasapay, UnionPay, RMB Instantm Broker to Broker.

All these options are great, choose the most convenient one for you to be able to start trading. And remember, you can only deposit funds from accounts that are in your name.

Deposit options TMGM
Bank transfer Yes
Credit/Debit card Yes
Electronic wallet Yes

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68% of retail CFD accounts lose money

TMGM minimum deposit
Will I be charged for making a deposit at TMGM?

The answer is no. No deposit fees will be applied at TMGM.

This is great because the broker won't deduct anything from your deposits, and you only have to calculate with the costs charged by the bank, or other third-party financial service you send the money with.

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68% of retail CFD accounts lose money

TMGM minimum deposit
How to deposit money to my TMGM account?

Here's a step-by-step guide:

  • Log in to TMGM's client area
  • Look for 'Deposit' or 'Funding menu'
  • Choose your funding method
  • Provide the necessary details for the transaction
  • Check if the payment details are correct
  • If you are OK with it, you are ready to proceed
The interface to send the minimum deposit to TMGM

If you get stuck during the process, you can always reach out to TMGM's customer support. At TMGM, customer support can be reached via live chat, phone and email.

TMGM minimum deposit
Wrap-up

It is awesome that you have read through this article! We know that depositing can be frustrating, but you are on the right track, and it is okay to ask for help if you are unsure about something.

If you have a question or a suggestion, drop us an email to [email protected], and we will get back to you soon.

Author of this article

Krisztián Gátonyi

Author of this article

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Krisztián Gátonyi

Senior Broker Expert

Krisztián has 15 years of experience in proprietary trading, mainly in the interbank currency market as a foreign exchange risk manager. He received his MSc degree in International Business from the University of Middlesex. He is interested also in real estate and dividend growth investing. His purpose is to help people find the best investment provider.

Everything you find on BrokerChooser is based on reliable data and unbiased information. We combine our 10+ years finance experience with readers feedback. Read more about our methodology

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68% of retail CFD accounts lose money

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