TMGM

They give you 1:1000 leverage and then deliberately manipulate prices so that you can lose your entire balance, which is why I quickly lost my 100 eur

I already have some unfortunate experience working with brokers, and I always check websites for reliability. This site deceives its clients with an ASIC license, which has actually expired long ago, and it is not a fact that all your money stored with them will be protected by other offshore regulators. If you don’t believe me, go to the financial commission websites and check my words about TMGM

I open a trade on this platform, everything goes according to plan, and suddenly they “adjust” the quotes. The price moves in one direction on the market, and in another on tmgm.com. And it was this movement that triggered my stop loss, which was set at a safe level, and I instantly lost $237.

I know a few forex brokers who are genuinely focused on meeting their clients’ needs. When working with them, I am primarily interested in the regularity and stability of payments, as well as the technical stability of the platform and terminal. It is important that tmgm fully meets my needs, and I really enjoy working with this company. The spreads are as low as possible, and the rate of return reaches 73%. Plus, more than 50 currency pairs are available for trading. Meanwhile, I discovered this broker completely by accident when someone in a chat room for traders mentioned their success on this broker’s terminal. Of course, I could afford to risk $100 (the minimum deposit), so I opened an account on tmgm.com. Soon I was surprised by my success and the smooth operation of the platform. However, I have withdrawn various amounts many times and have had no problems with it. Therefore, I am ready to recommend this company to anyone who is interested.

The website itself, like the IRESS terminal, is not functional enough, and the interface of the entire system is very confusing, and it is impossible to figure it out, at least quickly. Besides, trades suddenly get canceled during trading, and deposits get wiped out, and then you can’t prove anything to anyone because the broker operates under laws that are significantly different from ours and, above all, its activities are not regulated in the US and Europe.

I tried trading here with a minimum balance and realized that the essence of this broker’s trading is only to take money from clients, in advance, and then the whole deception begins, since there is no promised income or profitable trading here. And all this is because Tmgm is registered offshore and, accordingly, has a license from another country where the laws are significantly different from ours.

Nowadays, you can easily make money online, but it is much more difficult to find a job that really brings in a large income and does not get you into the clutches of scammers. That is why I approached the choice of a broker on the Forex market with great caution. Why Forex? I was sure that this was the best way to invest my money. Why did I choose tmgm.com? Several traders I consulted on the forum advised me to try my luck trading with the Forex broker TMGM. As a result, I have never regretted my choice and have been trading here for 6 years.

I invested $1,500, and when I realized that I had been a little hasty in choosing a broker, I decided to withdraw the money to my bank account. That’s when I realized that TMGM was a common scam broker, but it was too late. My withdrawal request still hasn’t been processed, even though two months have passed, and no one is even looking at my complaints or giving me any feedback.

The organization is extremely unreliable.I was trading crypto with 1:100 leverage and faced account funding, increased risk, and “manager services”, resulting in a loss of 680 USDT. In other words, I realized that Tmgm takes money from people and cheats them, because the purpose of its service is not to give crypto traders the opportunity to make money, but rather to appropriate their investments, and the more people fall for it, the more profitable it is for these crooks.