9 June 2021, Sydney – Leading global Online Trading Platform, TMGM, has now successfully obtained an FMA license in New Zealand. This is a part of the company’s global expansion endeavours.
TMGM has been open about their plans for international expansion since late 2020. As the Online Trading Platform dominates the Australian market, entering the New Zealand market was an easy choice. The CFD Broker is confident in the decision. The New Zealand market is a natural extension, being a close match to their current customer base.
Obtaining the FMA license is a major win. Brokers are regulated thoroughly in New Zealand, and all CFD and Forex brokers must operate under the licensing of the Financial Markets Authority (FMA). The licensing will give TMGM full permission to operate in the lucrative market, which poses a significant potential growth for the prominent Broker.
Currently, TMGM’s offerings are vast. TMGM combines lucrative CFD trading opportunities across 7 asset classes with access to 15,000+ products including Forex, Shares, Precious Metals, Energies and Indices. With innovative technology, turn-key support and innovative structure, traders only have to worry about investment decisions – the platform does the rest.
