TMGM has been flagged by Comisión para el Mercado Financiero (Financial Market Commission) for "Unregistered/Unlicensed entity offering financial products or services". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm.
TMGM offers copy trading. I copied a top trader. The copy trades often executed at worse prices than the original. When I asked why they said it was due to latency and liquidity. So the feature is broken or they are skimming. Either way I stopped using it.
Pros: Fast deposits|Transparent fees|Economic calendar|Good mobile app
Cons: Nothing significant
I was contacted by TMGM through social media. They promised guaranteed returns of 20-30% monthly. Being naive, I invested. The "account manager" pressured me to invest more and more. When I finally tried to take profit, my account was frozen and they stopped responding. Classic Ponzi/advance fee fraud.
Cons: Blocked my account|No legitimate license|Fake returns
The platform itself is okay, but the customer service at TMGM is truly awful. I waited weeks for a response to a simple inquiry. When they did respond, it felt like a generic template that did not address my specific issue at all.
Pros: Easy withdrawals|Two-factor authentication
Cons: Cannot customize dashboard fully|Research section could be deeper
I was about to invest with TMGM but decided to check their regulatory status first. They claim to be regulated but I could not find them on any official register. Comisión para el Mercado Financiero (Financial... has actually issued a warning about this firm. Thank goodness I checked before sending any money.
Cons: Flagged by Comisión para el Mercado Financiero (Financial...|Cannot verify credentials