Australia based Retail FX and CFDs broker TMGM has announced that it has inked an agreement to become an Official Partner of the Brooklyn Nets basketball club, for the upcoming 2025-26 season.

While TMGM isn’t licensed to operate in the US, the growing popularity of NBA Basketball globally, and especially in the Far East, was likely a motivator for the deal. The Nets and the Phoenix Suns are set to play two preseason games in October 2025 at The Venetian Arena in Macau.

Another CFDs broker, Israel based Plus500, has a similar sponsorship arrangement with the Chicago Bulls, although publicly traded Plus500 (LON:PLUS) does operate in the US market.

TMGM is an Australia ASIC licensed broker, and also operates offshore entities under the same brand domiciled in Kenya, Vanuatu and in Mauritius. The group focuses mainly on the Chinese-speaking client market, but has been actively expanding lately into Africa and the LATAM market. TMGM is run from Sydney led by CEO Lee Yu.

TMGM posted the following video about its new sponsorship of the Brooklyn Nets.