Score
TMG
https://tradex.id/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
TradexMaxima-Server
Influence
D
Influence index NO.1
MT4/5 Identification
MT4/5 Identification
Full License
Influence
Influence
D
Influence index NO.1
Contact
No valid regulatory information, please be aware of the risk!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Users who viewed TMG also viewed..
XM
GO Markets
HANTEC MARKETS
Exness
Website
tradex.id
103.160.63.114Server LocationIndonesia
ICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Genealogy
Company Summary
| 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 |
| (+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.
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 5 | ✔ | Desktop, Mobile, and Web | Experienced traders |
Keywords
- 2-5 years
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- High potential risk
Wiki Q&A
What Demo Account does TMG offer?
TMG offers a demo account, allowing traders to practice in a simulated trading environment. The demo account is ideal for new traders to familiarize themselves with the platform.
Which platform does TMG work with? MT5 or MT4?
TMG provides the MetaTrader 5 (MT5) trading platform, available for desktop, mobile, and web access.
Is TMG regulated?
No, TMG is unregulated. Although it claims to have a business license number 007/UPTP/OKT/10/2023 issued by BAPPEBTI, it is not regulated by major financial authorities, which increases the risks associated with trading on this platform.
Does TMG have any cons?
The cons of TMG include being unregulated, which increases trading risks. Additionally, it has a limited business scope and is not authorized by major regulatory bodies.
User Reviews 2
Content you want to comment
Please enter...
Comment 2

Chrome
Chrome extension
Global Forex Broker Regulatory Inquiry
Browse the forex broker websites and identify the legit and fraud brokers accurately
Install Now

