TMGM Widgets
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I am the Director/Owner of Excel Markets Inc. (Regulated by the US National Futures Association)
I am an NFA Associate Member with a Series 3 and 34 license.




Beyond my professional endeavours, I am deeply passionate about researching the financial industry and brokers. Drawing from my extensive experience in trading, including personally investing all of my savings in the capital markets, I am committed to making the complexities of personal investing accessible to everyone.



Data is continually updated by our staff and systems.
Last updated: 31 Jan 2025
We earn commissions from some affiliate partners at no extra cost to users (partners are listed on our ‘About Us’ page in the ‘Partners’ section). Despite these affiliations, our content remains unbiased and independent. We generate revenue through banner advertising and affiliate partnerships, which do not influence our impartial reviews or content integrity. Our editorial and marketing teams operate independently, ensuring the accuracy and objectivity of our financial insights.
Read more about us ⇾Live Spreads
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
We analyze the combined spread and commission cost averaged over time. The table above displays combined spread and commission costs sampled from live accounts using our spread analyzer tool. To compare TMGM to other brokers or symbols than the ones shown, click the orange edit button and select new brokers or symbols.
The spread is the difference between the bid (sell) and ask (buy) price of an asset. Commission is also charged on top of the spread on some account types and constitutes an additional transaction cost.
TMGM User reviews


Regulation
Company | Licenses & Regulations | Segregated Client Money | Deposit Compensation Scheme | Negative Balance Protection | Rebates | Max. Leverage Retail Clients |
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Trademax Australia Limited |
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30 : 1 | |
Trademax Global Markets (NZ) Limited |
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200 : 1 | |
Trademax Global Limited |
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500 : 1 | |
Trademax Global Markets (International) Pty Ltd |
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1000 : 1 |
Available Assets: Search all tradable instruments
Symbol | Description | Trading platform | Contract Size | Swap Rate Long | Swap Rate Short | Swap Type | Swap Days |
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AAPL.NAS | Apple | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
ABNB.NAS | Airbnb Inc | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
ADAUSD | Cardano VS USD | MT4 | 1000 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
ADBE.NAS | Adobe Inc | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
AMD.NAS | Advanced Micro Devices | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
AMZN.NAS | Amazon | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
AUDCAD | Australian Dollar vs Canadian Dollar | MT4 | 100000 units per 1 Lot | -0.10 | -0.49 | Pips | 5 days (3x Wednesday) |
AUDCHF | Australian Dollar vs Swiss Franc | MT4 | 100000 units per 1 Lot | 0.37 | -0.74 | Pips | 5 days (3x Wednesday) |
AUDCNH | Australian Dollar vs Chinese Offshore Renminbi | MT4 | 100000 units per 1 Lot | -3.00 | -4.29 | Pips | 5 days (3x Wednesday) |
AUDJPY | Australian Dollar vs Japanese Yen | MT4 | 100000 units per 1 Lot | 0.31 | -1.27 | Pips | 5 days (3x Wednesday) |
AUDNZD | Australian Dollar vs New Zealand Dollar | MT4 | 100000 units per 1 Lot | -0.30 | -0.32 | Pips | 5 days (3x Wednesday) |
AUDSGD | Australian Dollar vs Singapore Dollar | MT4 | 100000 units per 1 Lot | -0.06 | -0.73 | Pips | 5 days (3x Wednesday) |
AUDUSD | Australian Dollar vs US Dollar | MT4 | 100000 units per 1 Lot | -0.22 | -0.11 | Pips | 5 days (3x Wednesday) |
AUDZAR | Australian Dollar vs South Africa Rand | MT4 | 100000 units per 1 Lot | -28.70 | 3.65 | Pips | 5 days (3x Wednesday) |
AUS200 | Australia 200 Index | MT4 | 1 units per 1 Lot | -1.55 | 0.22 | Points | 5 days (3x Friday) |
AVXUSD | Avalanche VS USD | MT4 | 100 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
BA.NYS | Boeing | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
BABA.NYS | Alibaba | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
BAC.NYS | Bank of America Corp | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
BAIDU.NAS | Baidu Inc | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
BCHUSD | Bitcoin Cash VS USD | MT4 | 10 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
BILI.NAS | Bilibili Inc - ADR | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
BKNG.NAS | Booking Holdings Inc. | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
BNBUSD | Binance Coin VS USD | MT4 | 10 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
BTCUSD | Bitcoin VS USD | MT4 | 1 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
C.NYS | Citigroup | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
CADCHF | Canadian Dollar vs Swiss Franc | MT4 | 100000 units per 1 Lot | 0.25 | -0.70 | Pips | 5 days (3x Wednesday) |
CADJPY | Canadian dollar vs Japanese Yen | MT4 | 100000 units per 1 Lot | 0.23 | -1.02 | Pips | 5 days (3x Wednesday) |
CHCUSD | CHINA A50 | MT4 | 1 units per 1 Lot | -135.21 | 8.85 | Points | 5 days (3x Friday) |
CHFJPY | Swiss Franc vs Japanese Yen | MT4 | 100000 units per 1 Lot | -0.34 | -0.39 | Pips | 5 days (3x Wednesday) |
CHFZAR | Swiss Franc vs South Africa Rand | MT4 | 100000 units per 1 Lot | -50.33 | 7.80 | Pips | 5 days (3x Wednesday) |
CMPUSD | Compound VS USD | MT4 | 100 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
COIN.NAS | Coinbase Global Inc | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
COST.NAS | Costco Wholesale Corporation | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
CRM.NYS | salesforce.com, inc. | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
DIS.NYS | Disney | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
DOGEUSD | DogeCoin VS USD | MT4 | 10000 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
DOTUSD | Polkadot VS USD | MT4 | 100 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
EOSUSD | EOS VS USD | MT4 | 1000 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
EPHE.BAT | iShares MSCI Philippines ETF | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
ETHUSD | Ethereum VS USD | MT4 | 1 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
EURAUD | Euro vs Australian Dollar | MT4 | 100000 units per 1 Lot | -1.02 | 0.15 | Pips | 5 days (3x Wednesday) |
EURCAD | Euro vs Canadian Dollar | MT4 | 100000 units per 1 Lot | -0.49 | -0.26 | Pips | 5 days (3x Wednesday) |
EURCHF | Euro vs Swiss Franc | MT4 | 100000 units per 1 Lot | 0.34 | -0.93 | Pips | 5 days (3x Wednesday) |
EURCNH | Euro vs Chinese Offshore Renminbi | MT4 | 100000 units per 1 Lot | -7.81 | -3.52 | Pips | 5 days (3x Wednesday) |
EURCZK | Euro vs Czech Koruna | MT4 | 100000 units per 1 Lot | -15.03 | -5.05 | Pips | 5 days (3x Wednesday) |
EURGBP | Euro vs Great Britain Pound | MT4 | 100000 units per 1 Lot | -0.62 | 0.18 | Pips | 5 days (3x Wednesday) |
EURHKD | Euro vs Hong Kong Dollar | MT4 | 100000 units per 1 Lot | -6.42 | -0.39 | Pips | 5 days (3x Wednesday) |
EURJPY | Euro vs Japanese Yen | MT4 | 100000 units per 1 Lot | 0.42 | -1.39 | Pips | 5 days (3x Wednesday) |
EURNOK | Euro vs Norway Krone | MT4 | 100000 units per 1 Lot | -7.22 | 0.11 | Pips | 5 days (3x Wednesday) |
EURNZD | Euro vs New Zealand Dollar | MT4 | 100000 units per 1 Lot | -1.12 | 0.32 | Pips | 5 days (3x Wednesday) |
EURSEK | Euro vs Swedish Krona | MT4 | 100000 units per 1 Lot | -0.51 | -4.31 | Pips | 5 days (3x Wednesday) |
EURSGD | Euro Dollar vs Singapore Dollar | MT4 | 100000 units per 1 Lot | -0.72 | -0.62 | Pips | 5 days (3x Wednesday) |
EURTRY | Euro vs Turkish Lira | MT4 | 100000 units per 1 Lot | -493.12 | 105.03 | Pips | 5 days (3x Wednesday) |
EURUSD | Euro vs US Dollar | MT4 | 100000 units per 1 Lot | -0.64 | 0.26 | Pips | 5 days (3x Wednesday) |
EUSTX50 | Europe 50 Index | MT4 | 1 units per 1 Lot | -0.76 | 0.12 | Points | 5 days (3x Friday) |
EWC.BAT | iShares MSCI Canada ETF | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
EWT.BAT | iShares MSCI Taiwan ETF | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
EWY.BAT | iShares MSCI South Korea ETF | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
EWZ.BAT | iShares MSCI Brazil ETF | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
FRA40 | France 40 Index | MT4 | 1 units per 1 Lot | -1.32 | 0.25 | Points | 5 days (3x Friday) |
GBPAUD | Great Britain Pound vs Australian Dollar | MT4 | 100000 units per 1 Lot | -0.29 | -0.83 | Pips | 5 days (3x Wednesday) |
GBPCAD | Great Britain Pound vs Canadian Dollar | MT4 | 100000 units per 1 Lot | 0.20 | -1.17 | Pips | 5 days (3x Wednesday) |
GBPCHF | Great Britain Pound vs Swiss Franc | MT4 | 100000 units per 1 Lot | 0.68 | -1.56 | Pips | 5 days (3x Wednesday) |
GBPJPY | Great Britain Pound vs Japanese Yen | MT4 | 100000 units per 1 Lot | 0.95 | -2.90 | Pips | 5 days (3x Wednesday) |
GBPNOK | Great Britain Pound vs Norway Krone | MT4 | 100000 units per 1 Lot | -2.93 | -4.55 | Pips | 5 days (3x Wednesday) |
GBPNZD | Great Britain Pound vs New Zealand Dollar | MT4 | 100000 units per 1 Lot | -0.42 | -0.62 | Pips | 5 days (3x Wednesday) |
GBPSEK | Great Britain Pound vs Swedish Krona | MT4 | 100000 units per 1 Lot | 1.82 | -12.52 | Pips | 5 days (3x Wednesday) |
GBPSGD | Great Britain Pound vs Singapore Dollar | MT4 | 100000 units per 1 Lot | 0.02 | -1.55 | Pips | 5 days (3x Wednesday) |
GBPUSD | Great Britain Pound vs US Dollar | MT4 | 100000 units per 1 Lot | -0.20 | -0.32 | Pips | 5 days (3x Wednesday) |
GER40 | German 40 Index | MT4 | 1 units per 1 Lot | -2.85 | 0.61 | Points | 5 days (3x Friday) |
GLMUSD | GLimmer VS USD | MT4 | 10000 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
GOOG.NAS | Alphabet | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
HK50 | Hong Kong 50 Index | MT4 | 1 units per 1 Lot | -3.85 | 1.12 | Points | 5 days (3x Friday) |
HSCHKD | China H-SHARES | MT4 | 1 units per 1 Lot | -133.21 | 30.45 | Points | 5 days (3x Friday) |
INDA.BAT | iShares MSCI India ETF | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
JD.NAS | JD | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
JNJ.NYS | Johnson & Johnson | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
JPM.NYS | JPMorgan | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
JPN225 | Japan 225 Index | MT4 | 10 units per 1 Lot | -2.03 | -1.88 | Points | 5 days (3x Friday) |
KO.NYS | Coca-Cola | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
KSMUSD | Kusama VS USD | MT4 | 100 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
LI.NAS | Li Auto Inc. | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
LNKUSD | Chainlink VS USD | MT4 | 100 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
LTCUSD | Litecoin VS USD | MT4 | 10 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
MA.NYS | Mastercard Inc | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
MATUSD | Polygon VS USD | MT4 | 10000 units per 1 Lot | -14.00 | -14.00 | Annual % | 5 days (3x Friday) |
MCD.NYS | Mcdonald's Corp | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
META.NAS | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) | |
MOMO.NAS | Momo Inc | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
MRNA.NAS | Moderna Inc | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
MSFT.NAS | Microsoft | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
NAS100 | US Tech Index | MT4 | 1 units per 1 Lot | -3.71 | 1.36 | Points | 5 days (3x Friday) |
NETH25 | Netherlands 25 | MT4 | 100 units per 1 Lot | -13.25 | 3.21 | Points | 5 days (3x Friday) |
NFLX.NAS | Netflix | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
NIO.NYS | Nio Inc - ADR | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
NKE.NYS | Nike Inc | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
NOKSEK | Norway Krone vs Swedish Krona | MT4 | 100000 units per 1 Lot | -0.48 | -0.95 | Pips | 5 days (3x Wednesday) |
NVAX.NAS | Novavax, Inc. | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
NVDA.NAS | NVIDIA | MT4 | 1 units per 1 Lot | -7.20 | -3.30 | Annual % | 5 days (3x Friday) |
The live symbol search above is taken from live accounts synced to our system.
CFDs (Contracts for Difference) allow traders to speculate on the price movement of various assets without owning the underlying asset. This can provide leverage and flexibility but can also increase risk.
Live Swap Rates
Brokers | Forex | Commodities | |||||
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
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EURUSD | GBPJPY | AUDNZD | Average | XAUUSD | XAGUSD | Average | |
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![]() Pepperstone | Pips | Pips | Pips | Points | Points |
Data from the table above is taken from live accounts using our swap rate analyzer tool. To compare the swap rates of different brokers or symbols than the ones shown, click the orange edit button.
Swap rates, also known as financing fees, are charged by brokers for holding positions overnight. These fees can either be positive or negative. Positive swap rates pay out to the trader, while negative swap rates incur a cost.
TMGM Profile
Company Name | TradeMax Global Markets |
Categories | Forex Brokers, Forex Rebates |
Primary Category | Forex Brokers |
Year Founded | 2013 |
Headquarters | Australia |
Office Locations | Australia, Taiwan |
Account Currency | AUD, CAD, EUR, GBP, NZD, USD |
Support Languages | Chinese, English, French, Indonesian, Italian, Portuguese, Spanish, Thai, Vietnamese, Filipino |
Funding Methods | Bank Wire, China Union Pay, Credit/Debit Card, FasaPay, Neteller, Skrill, SticPay, Revolut, Wise, RMB Instant, Asia Instant Pay, SEA Internet Banking |
Financial Instruments | Forex, Shares, Indices, Oil/Energies, Cryptocurrencies, Metals |
Prohibited Countries | Iran, United States |
TMGM Promotions
TMGM User reviews
Newer user ratings have greater impact than older ratings and user ratings have no impact after 5+ years old. The more reviews a company receives, the higher the maximum possible aggregate user rating. After 100 reviews a company can receive the highest rating, which is an average of their user ratings.
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Account types user rating
TMGM Cashback rebates
Classic | Edge | STD | Premium | Pro | Raw | |
Forex | $3.00 Per Lot | $1.50 Per Lot | $7.50 Per Lot | $3.00 Per Lot | $1.50 Per Lot | |
Oil / Energies | - | $1.125 Per Lot | ||||
Metals | $3.00 Per Lot | $1.50 Per Lot | Bullion $15.00 Per Lot | Bullion $11.25 Per Lot | Bullion $7.50 Per Lot | Bullion $1.50 Per Lot |
Shares / Equities | - | $0.015 Per Lot | ||||
Indices | - | $1.125 Per Lot | ||||
Cryptocurrencies | - | $1.125 Per Lot | ||||
Payment Options |
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month. |
Classic | |
Forex | $3.00 Per Lot |
Metals | $3.00 Per Lot |
Payment Options |
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
|
Edge | |
Forex | $1.50 Per Lot |
Metals | $1.50 Per Lot |
Payment Options |
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
|
STD | |
Forex | $7.50 Per Lot |
Oil / Energies | $1.125 Per Lot |
Metals | Bullion $15.00 Per Lot |
Shares / Equities | $0.015 Per Lot |
Indices | $1.125 Per Lot |
Cryptocurrencies | $1.125 Per Lot |
Payment Options |
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
|
Premium | |
Forex | $3.00 Per Lot |
Oil / Energies | $1.125 Per Lot |
Metals | Bullion $11.25 Per Lot |
Shares / Equities | $0.015 Per Lot |
Indices | $1.125 Per Lot |
Cryptocurrencies | $1.125 Per Lot |
Payment Options |
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
|
Pro | |
Forex | $1.50 Per Lot |
Oil / Energies | $1.125 Per Lot |
Metals | Bullion $7.50 Per Lot |
Shares / Equities | $0.015 Per Lot |
Indices | $1.125 Per Lot |
Cryptocurrencies | $1.125 Per Lot |
Payment Options |
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
|
Raw | |
Forex | $1.50 Per Lot |
Oil / Energies | $1.125 Per Lot |
Metals | Bullion $1.50 Per Lot |
Shares / Equities | $0.015 Per Lot |
Indices | $1.125 Per Lot |
Cryptocurrencies | $1.125 Per Lot |
Payment Options |
Monthly Cash Back
Payments are credited and sent automatically by the 12th day of the month for trades where cashback has been accumulated between the first and the last day of the previous month.
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What are TMGM rebates?
Many traders initially believe there must be higher costs elsewhere to compensate, however they soon find there is no catch and Forex rebates truly reduce the costs of the transaction and improve their bottom line.
How do TMGM rebates work?
When you link a new or existing forex trading account to us the broker pays us part of their spread or commission profit for every trade you make as compensation for referring a customer to them. We then share the majority of our revenue with you, paying you a cash rebate for each trade you make as thank you for signing up with us.Unlike some of our competitors your spreads will never increase as a result of using our service! The only difference is: as our client you earn extra cash per trade, making trading through us more profitable than opening direct with the broker. Founded in 2007, we are the original and leading provider of forex rebates. We pay rebates to over 100,000 accounts and traders love our helpful 24 hour live chat, telephone and email support.
How much TMGM rebates can I earn?
Units per 1 lot vary on non-forex pairs, please check with your broker
In MT4 and MT5 right click a symbol and then click Specification. The Contract Size field tells how many units are in one lot.
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