Wikilix
Licence record

TMGM: VFSC licence 40356

Issuing authority
Vanuatu Financial Services Commission
Jurisdiction
Vanuatu
Licence type
Retail Forex License

This is Wikilix's record of a licence issued by Vanuatu Financial Services Commission. It sets out what the register says, what we checked, and what the authority's own rules protect.

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Licence intelligence

RecordModified Aug 7, 2026

Licence Verification Record

Vanuatu Financial Services Commission 40356

Recorded from the firm's own disclosure. Not yet checked against the register.

Holder
TMGM
Issuing authority
Vanuatu Financial Services Commission
Jurisdiction
Vanuatu
Licence type
Retail Forex License

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.

wikilix.com/brokers/tmgm/licenses/vanuatu-financial-services-commission/40356Fields on file 2 / 11

Open TMGMAll TMGM licencesAbout VFSC
Our check

What we checked

Nobody has adjudicated this licence yet. It is recorded here as claimed, not as confirmed.

Wikilix check
Not checked
Authority strength
Tier 4
Jurisdiction
Vanuatu
Last checked
Never

Nobody at Wikilix has looked this licence up on the official register yet. Everything above comes from the record as supplied; treat it as a claim until you have checked it yourself.

A licence record describes what an authority published. It is not an endorsement, and Wikilix does not issue authorisations.
The register

What the authority publishes

Printed as the register prints it. A field that is missing here is one nobody has recorded, not one the register leaves blank.

Licence number
40356
Licence type (Wikilix classification)
Retail Forex License
The authority

About VFSC

Vanuatu Financial Services Commission is the authority that issued this licence, and the jurisdiction it applies in is Vanuatu.

Full name
Vanuatu Financial Services Commission
Jurisdiction
Vanuatu
Strength
Tier 4Minimal supervision. A registration here says little about client protection.
Established
1993
Oversight
A government or statutory body
Firms we track under it
45 firms
Regulates
Forex, Stocks, Options, Derivatives, Securities, Futures
Licences it issues
Dealer in Securities Licence
Typical cost of a licence
USD 5000-10000
Public register
Searchable by the public
Transparency
Low

VFSC is classed as an offshore regime. An offshore registration can be entirely legitimate, but it typically means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.

Protection

What this licence protects

VFSC's own rules for the firms it authorises.

  • No compensation scheme
  • Complaints routeVFSC Complaints
  • Maximum leverage1:997
This describes the authority's regime, not how TMGM applies it.
The holder

Who holds this licence

The licence above is recorded against TMGM. A licence is issued to a legal company, so the companies below are what you would search a corporate register for.

Broker
TMGM
Based in
Australia
Wikilix score
50.1the firm’s overall score, not a rating of this licence

Recorded companies

None of these matches the name the register printed, so we do not say which one holds this licence.

  • TRADEMAX GLOBAL MARKETS (INTERNATIONAL) PTY LTDAustralia · Reg. 668323411 · Aug 8, 2024
  • TRADEMAX AUSTRALIA LIMITEDAustralia · Reg. 162331311 · Nov 30, 2022
  • TRADEMAX GLOBAL LIMITEDAustralia · Reg. 634749910 · Aug 19, 2019
Provenance

Where this record came from

Every date below has already happened. We do not publish a promised next-update date, because we do not schedule per-licence re-checks.

Last checked by Wikilix
Never — nobody has looked this entry up yet
Record last edited
When this entry was last changed in our database, which may be a correction rather than a change at the register.
Wikilix records what an authority published. It does not issue or endorse authorisations.
Also on record

Other licences TMGM holds

One other licence is on record for TMGM.

Frequently Asked Questions

Questions about this licence

Answered from this register entry and the authority’s own record.

Most Popular Questions
According to WIKILIX data, TMGM offers trading in forex, stocks, options, derivatives, securities, and futures. These instruments are regulated under its licenses from ASIC and VFSC.
Yes, TMGM requires KYC (Know Your Customer) verification for account opening.
Withdrawals via credit cards are typically instant but may be subject to intermediary delays. Bank wire transfers usually take 1 to 4 business days, while e-wallet withdrawals generally take 1 to 2 days to process.
The minimum deposit amount at TMGM is 100 USD. Deposits and withdrawals via Visa, MasterCard, bank wire transfer, and various e-wallets have no fixed fees charged by TMGM, though intermediary fees outside TMGM's control may apply.
TMGM supports MetaTrader 4 and MetaTrader 5 trading platforms. Both platforms are available on desktop and offer features such as advanced charting, automated trading, and multi-asset trading capabilities.
TMGM is regulated by the Australia Securities & Investment Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC). ASIC is an onshore regulator with high transparency and protection standards, while VFSC is an offshore regulator with lower regulatory indexes. TMGM holds licenses for market making and retail forex activities.
Licence 40356 was issued by Vanuatu Financial Services Commission (VFSC), the financial authority for Vanuatu.
TMGM holds this VFSC licence. A licence on record means the authority published an entry; it is not an endorsement.
Nobody at Wikilix has looked this entry up on the VFSC register yet, so treat it as claimed rather than confirmed. That is a gap in our coverage, not a finding against the licence.
Wikilix rates VFSC tier 4, the lowest band. A registration here says little on its own about client protection.
Yes, VFSC is classed as an offshore regime. That can be a legitimate registration, but it usually means lower capital requirements, no compensation scheme, and a complaint route that is harder to use from abroad.
TMGM has one other licence on record with Wikilix, across one jurisdiction. They are listed further down this page.
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