TGM-Overview of Minimum Deposit, Spreads & Leverage
Abstract：TGM （Trinity Global Market ）is an Australia based broker, with its founding time, actual address and the company behind it unknown to all. There is zero evidence that TGM is subject to any regulation.
General Information & Regulation
TGM （Trinity Global Market ）is an Australia based broker, with its founding time, actual address and the company behind it unknown to all. There is zero evidence that TGM is subject to any regulation.
Market Instruments
TGM offers trading in forex, CFDs, stock, cryptocurrency, metals, indices, commodities, futures, shares, energies and bonds.
Minimum Deposit
TGM does not indicate its minimum initial deposit. In most cases, many legit broker will require a minimum initial deposit around $100 or even less. Since this broker is unregulated, traders are not advised to register real trading accounts.
TGM Leverage
The maximum trading leverage offered by TGM is relatively high, reaching up to 1:500. High leverage can bring big win but it can also signify big loss. Given the fact that in forex trade around 70% of traders lose money in transactions, we expect the latter to happen rather than the former. Please avoid brokers with such high leverage as it hides a lot of risks for your hard-earned money.
Spreads & Commissions
In the account information, we find out that the spread for the Classic account is 1.9 pips which could be still seen as within normal boundaries.
Trading Platform Available
TGM does not tell us what trading platform it offers to its traders, but one thing can be sure is that it is not MT4 or MT5 trading platform offered, maybe some web-based or Mobile App platform.
Deposit & Withdrawal
When it comes to deposit & withdrawal payment methods, TGM does not make this part clear. In most cases, most brokers support Credit/Debit card (VISA, MasterCard, Maestro), Wire transfer, Skrill and Neteller for traders to fund their accounts.
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