Country for PR: China
Contributor: PR Newswire Asia (China)
Friday, September 11 2020 - 09:26
AsiaNet
Australian-Based Leading CFD Trading Platform TradeMax Rebrands to TMGM
SYDNEY, Sept. 11, 2020 /PRNewswire-Asianet/ --

- TMGM commences international operations from headquarters in Australia

-CFD Trading facing sharp rise in popularity due to market volatility

Today CFD Broker, TradeMax, a trusted leader in the Australian market, made a 
milestone announcement to both its operations and identity.

Logo - https://photos.prnasia.com/prnh/20200910/2913194-1LOGO 

The company is commencing operations globally. Alongside the announcement for 
expansion, comes the announcement of a rebrand. TradeMax will now become 'TMGM' 
- an acronym for 'TradeMax Global Markets'. 

Australia, already the worldwide hub of CFD Trading, is where TMGM is 
headquartered. Exclusively offering CFD Trading is a major proponent of the 
platform's success - as CFD Trading reaches popularity during times of market 
volatility - where traders can both 'long' and 'short' the market. 

The timing for international expansion is crucial. The forex market is 
currently the largest financial market in the world in terms of trading volume, 
liquidity and value. 

In 2019, the Bank for International Settlements (BIS) revealed the global forex 
market overturns $6.6 trillion on average every single day. 

CEO Lee Yu expects to see their customer base grow exponentially - even 
expanding the global in-house team to readily service new users in multiple 
languages.

TMGM's platform has risen to popularity and acclaim as it offers the ideal 
environment for CFD Trading: full transparency, low commissions and instant 
deposits/withdrawals. It empowers investors to easily diversify their portfolio 
with access to 7 asset classes and 15,000+ products.

"We offer users lightning speed executions with thin spreads," he says, noting 
that the platform has partnerships with top-tier liquidity providers so that 
the breadth of markets users can access is substantial.

The platform recorded an average of 6.5 bn in daily trading volume last month. 
The vast majority of the platform's trades are placed through MT4 and Lee Yu 
sees 2020 as a crucial time for the platform to boost its presence in new 
markets.

With more demand than ever for CFD Trading in the greater market, TMGM is ready 
to be of service to motivated traders.

"We've had great success in Australia," CEO Lee Yu says. "It's natural that 
we've decided to be headquartered where the pulse on the market is. We're 
confident that TMGM will soon be the leader in CFD Trading worldwide, too."

Please visit www.tmgm.com to explore the new website and learn more.

SOURCE:  TMGM - Trademax Global Markets