US Traders May Access Leveraged Crypto Via TMGM

Brokerage TMGM (Trademax Global Limited) is offering US retail traders access to leveraged spot cryptocurrency trading, a previously restricted option. This development follows discussions between TMGM and the Commodity Futures Trading Commission (CFTC).

TMGM, a globally awarded broker, combines strong regulation with flexible trading conditions. A recent review by Finance Magnates examines the broker’s regulatory framework, account types, fees, available instruments, and technology, including MetaTrader 4, MetaTrader 5, and the TMGM App. The review also highlights client protection measures, funding options, and multilingual support.

The CFTC Chair has engaged with TMGM regarding this offering. Details regarding the specifics of the agreement and regulatory oversight are currently limited.

This move has potential to significantly broaden access to crypto trading for US retail investors, although it also brings increased risk due to the use of leverage. Investors are advised to carefully consider the risks associated with leveraged trading before engaging.

The offering is being viewed as a notable shift in the US crypto regulatory landscape. Further clarification from the CFTC is anticipated as the situation evolves.

To learn more about TMGM, explore their full broker listing on the Finance Magnates Directory: https://directory.financemagnates.com/forex-brokers/tmgm/

Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility.