About Fake TMGM
Overview
Trademax Global Limited, operating under the name Fake TMGM, is a company registered in Australia, with its official domain listed as tmgm-glo.com. According to our records, the company was founded on 26 April 2022 and lists a registered address at Level 28 One International Towers, 100 Barangaroo Avenue, Sydney NSW 2000, Australia.
As of our latest data, the company has no employees on record, and no clone or impersonator sites have been identified. However, independent public information about this broker is extremely limited, which in itself is a cautionary signal for traders considering its services.
Regulation and Licensing
Our records indicate that Trademax Global Limited holds a Forex Trading License (EP) issued by the Vanuatu Financial Services Commission (VFSC), with licence number 40356. The status of this licence is not specified in our records.
It is important to note that the VFSC is a regulator known for its relatively light-touch oversight, and the absence of a clear licence status adds to the uncertainty. Traders should verify the licence directly with the VFSC if they are considering this broker.
Risk Assessment
FXCanary's Scam Risk Score for this broker is 85 out of 100, indicating a severe risk level. The broker is flagged as a 'Fake Broker' in industry watchdog records, and is identified as a clone or impersonator firm. Additionally, there is no verifiable website or social-media presence, which further undermines its credibility.
Given these red flags, we strongly advise traders to exercise extreme caution and to avoid depositing funds with this entity until its legitimacy is clearly established.
Trading Offering
Due to the lack of reliable public information, we are unable to confirm the specific trading products, platforms, or account types that Trademax Global Limited offers. The official domain tmgm-glo.com does not appear to be accessible or verifiable, and aggregated industry data does not provide consistent details.
In the absence of concrete information, we cannot recommend this broker for any trading activity. The lack of transparency is a significant concern for potential clients.
Target Audience
Given the severe risk flags and the absence of verifiable operational details, this broker should not be considered by any category of trader, whether retail or institutional. The entity appears to be a potential impersonator, and engaging with it could lead to financial loss.
We recommend that traders only consider brokers with clear regulatory oversight, a transparent operating history, and a verifiable online presence.
Overview compiled by FXCanary from regulatory records and public data. full Fake TMGM review