Is TMGM a Scam? Regulation Check 2026
We ran TMGM through the kitchen inspection, looking up its licence in the official ASIC register. Here is what the paperwork says.
Verdict
TMGM is NOT a scam. It cooks under ASIC licence 436416, which clears it to serve trading in New Zealand.
How to verify on the official register
| Regulator | ASIC ASIC Australian Securities and Investments Commission (ASIC) |
| Licence Number | 436416 |
| Regulated Entity | TradeMax Australia Ltd |
| Founded | 2013 |
What the ASIC seal buys you
A ASIC-regulated kitchen has to keep client money in its own segregated pot, offer negative balance protection, and open its books to independent audits. If something goes wrong, you can take your complaint straight to ASIC.
What the ASIC seal puts on your plate
- Your money kept in a segregated pot, walled off from TMGM's own capital
- Negative balance protection, so you can never lose more than you put on the table
- A direct line to ASIC for complaints if TMGM will not put things right
- Regular independent audits of TMGM's books under ASIC oversight
Frequently Asked Questions
Is TMGM a scam or legitimate?
TMGM is NOT a scam. It is authorised by ASIC, one of the most respected inspectors in the business, and the authorisation is publicly verifiable on the official ASIC register.
How do I check TMGM's ASIC licence?
Open the official ASIC website and use the public register search. Search the entity name; the entry will confirm TMGM's authorisation status and exactly what it is cleared to serve.
Are my funds safe with TMGM?
As a ASIC-regulated kitchen, TMGM must keep every client's money in its own segregated pot, walled off from the firm's own funds. That shields your deposit even if TMGM runs into trouble.
What protection do I have as a TMGM client in New Zealand?
In New Zealand, TMGM sits under ASIC supervision, so you get: segregated client money, negative balance protection (you can never lose more than is on the table), and the right to take a complaint straight to ASIC.
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