Sydney-based contracts for differences (CFDs) brokerage TradeMax has rebranded itself to TMGM, an acronym for TradeMax Global Markets.
This came as the brokerage is expanding its global presence and is eying to operate in multiple international markets by 2020. According to the company, the new name will highlight it as a global brokerage rather than a regional player.
“The name doesn’t change what we do,” TMGM CEO Lee Yu said in a statement. “The superior care we give to our clients won’t change with the expansion. It means now we can offer our platform even wider than before, with personalized customer experience from our account managers to our clients always being our first priority.”
Regulated by both the Australian Securities and Investments Commission (ASIC) and the Vanuatu Financial Services Commission (VFSC), the brokerage offers CFDs trading across seven asset classes including forex, cryptocurrencies, commodities, and equities. According to the broker, it is listing over 15,000 investment products.