Recalculated 2026-10-25 · Established 2013 · Trademax Global Ltd
TMGM — Pakistan
TMGM is rated 3.55 out of 5 by our formula (Rank #23 of 36) for traders in Pakistan: round turn 7 USD, residents accepted — Through an offshore entity.
Suits you if a swap-free account is available · it runs 4 trading platforms · it has been trading for 13 years
Look elsewhere if the minimum is 100 USD against 7.5 USD in this market · it holds no licence issued in Pakistan · you are onboarded by an offshore entity, not a local one
Key facts (8)
- Who actually onboards you
- Trademax Global Ltd
- Licence number
- 40356
- Established
- 2013group
- Min deposit, USD
- 100 USDgroup
- Platforms
- MT4 · MT5 · IRESS · TMGM mobile app
- Local funding
- Cards (Visa/Mastercard/UnionPay), Skrill, Netell
- Max leverage
- 1000geo
- EURUSD
- 1 pipsgroup
Accounts (3)
3 of 3 shown
Click a column heading to sort. Figures are list terms, no promo codes.
This broker against the Pakistan middle (37 of 63)
| TMGM | Pakistan median | |
|---|---|---|
| Round turn, USD | 7.0 USD | 7.0 USD |
| Min deposit, USD | 100 USDgroup | 7.5 USD |
| Max leverage | 1000geo | 750.0geo |
| Withdrawal, h | 1-2 business days hgroup | 24.0 h |
| EURUSD, standard | 1 pipsgroup | 0.95 pips |
| EURUSD, raw | 0 pipsgroup | 0.0 pips |
| Established | 2013group | 2006.5 |
| Platforms | 4 | 3 |
Accepts residents of Pakistan
Through an offshore entity
Score (6/6 axes)
Ranked against brokers measured on every axis
Licence check
Who actually onboards you
Trademax Global Ltd
Offshore entity
Pakistani retail clients are onboarded under the offshore arm Trademax Global Ltd (Vanuatu).
What users rate it, and how many
rating of 3.9 out of 5 based on 882 published reviews
Round-turn cost next to the Pakistan median (37 of 63)
raw+commission
Taking money off the account
What the account tiers cost
Classic (commission-free), Edge (raw-spread + commission) and IRESS; min deposit USD 100 (IRESS USD 5,000).
Terminals and instruments (4)
MT4 · MT5 · IRESS · TMGM mobile app
12,000+ instruments: forex, share CFDs, precious metals, energies, indices and crypto CFDs.
Pros and cons
Pros (1)
- Swap-free account available
Cons (2)
- Round turn 7.0 USD against a Pakistan median of 7.0
- No local licence: the client is onboarded by a foreign entity
Tax on trading gains in Pakistan
Forex/derivatives trading profit for residents is generally taxed as income; where treated as capital gains on movable assets (other than exchange-traded securities) it is taxable at the individual's normal slab rates (as of the review), while listed-securities gains and foreign shares/funds carry specific rates (foreign shares/mutual funds ~15% flat per PwC). Residents taxed on worldwide income;
Where it does not serve
United States, Canada, Hong Kong, Afghanistan, Belarus, Central African Republic, Congo, Cuba, Guam, Guinea-Bissau, Iran, Iraq, Japan, Lebanon, Libya, Mali, Midway Islands, Myanmar, North Korea, People’s Democratic Republic of Yemen, Puerto Rico, Romania, Russia, Singapore, Somalia, South Sudan, Sudan, Syria, U.S. Minor, Outlying U.S. Virgin Islands, Ukraine, Venezuela, Wake Island, Yemen, Zimbabw
Methodology
2 + 3 × weighted mean of six axes · reviews 25%, cost 20%, safety 20%, payouts 15%, track_record 10%, platforms 10%
Verified · what changed · sources (2)
Checked: 2026-07-09
- tmgm.com/en/about/why-choose-tmgm page
- wikifx.com domain
FAQ (5)
Does TMGM accept residents of Pakistan?
Through an offshore entity.
Which entity onboards a Pakistan client of TMGM?
Trademax Global Ltd
What licence does TMGM hold for Pakistan?
Licence 40356.
What does one EURUSD lot cost at TMGM?
7.0 USD per round turn against a Pakistan median of 7.0 USD, measured on 37 of 63 brokers.
How long does a withdrawal from TMGM take?
1-2 business days hours as published. Withdrawal processing time is 1 to 2 business days.