Maxitrade Broker

Maxitrade broker review

The minimum deposit amount is $500.00 and using leverage, this amount may be increased several times. The trader is allowed very low spreads, starting from two pips, allowing them to maneuver without much loss. MaxiTrade has a large number of financial instruments that makes it possible to work with quotes of precious metals and oil. As this is the case, we need to get acquainted with ratings compiled by various websites and analysts.

Of course, they offer larger accounts – Silver, Gold, Platinum and VIP, which will require deposits of $3,000, $10,000, $50,000 and $100,000 respectively. However, the perks you will get for opening large accounts (higher bonus, account manager, etc.) are not worth it in our opinion and besides, this is a new, offshore broker, with questionable regulation so we don’t recommend sending a big chunk of money. At first glance, this looks like a broker with good trading conditions and some form of regulation but there are some discrepancies between the spreads listed on the website and the ones that you are getting on the trading platform itself.

Minimum withdrawal listed on the broker website is $50. Overall, we don’t see this whole setup as a friendly condition, especially for a trading beginner. For this reason, we advise our South African readers to only deposit with regulated and trusted brokers for added security and benefits. Assets that traders can trade on this platform are specific cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Zcash, DASH, IOTA, NEO etc.

MaxiTrades uses the MT4 web trader. MetaTrader is really a global standard for forex and CFDs traders, and even its web-platform offers excellent features for trading – from advanced charting tools to special trading settings. That is why, in addition to trust companies, there are different scams, one-day and divorce.

And, many people are falling for these scams. Maxitrade.com occupies high positions in the leading ratings of brokers.

Looking at MaxiTrade website, it shows that they are owned by Strategy One Ltd. Strategy One Ltd Ltd is located in Saint Vincent and the Grenadines, a well-known offshore zone and a preferred location for shady brokerage. Also, according to the broker, there is no extra fees or any monthly commission to trade with this broker. Maxitrade is a big scam. I am a victim of this fraudulent company.

At first glance, this looks like a broker with good trading conditions and some form of regulation but there are some Maxitrade scummers discrepancies between the spreads listed on the website and the ones that you are getting on the trading platform itself. Also, we must note that the IFMRRC certification was just completed in January 2019 so we can assume this is a very new brokerage (they don’t specify a launch date).

Treading along the lines of scam and fraudulent activities, some have claimed of losing all their money, thus claiming bankruptcy. https://maxitrade.bid MaxiTrade offers several types of accounts that offer various services depending on the size of the deposit.

Maxitrade – Reviews (

Maxitrade broker review

  • Technically its regulated by Labuan IBFC, which is the first time we hear about this jurisdiction.
  • MaxiTrade wins the competition as it permits customers to work without paying commissions.
  • In addition, it is possible to open and close transactions by phone.
  • Maxitrade is owned and operated by Strategy One Ltd, which is based on Saint Vincent and the Grenadines and says to be regulated by Labuan Financial Service Authority (FSA) – a regulator supposedly based in Malaysia, we have never heard of before.
  • Maxi trade is a Cryptocurrency Broker offering Trading services via Web trading platform.

It would be more logical if the premium account holders got their plans updated more frequently to reflect changes on the market. They aren’t registered. And, because they aren’t registered, they aren’t regulated as well. This is why people are asking if Maxitrade is reliable and trustworthy. When we are looking at the information and the research that we have done, this is what we have found out about Maxitrade.

TOP FOREX BROKERS

One of the best features that Maxi Trade offers their investors are the free trading signals. Forex broker Directly on the trading platform, you will find an advanced trading signals alert system.

For example, if you are trading with a FCA broker and the broker happens to be insolvent, you will receive as a compensation up to 50 000 GBP of your trading capital. We advise all investors and traders to avoid MaxiTrade and other brokers from St. Vincent and the Grenadines. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as AvaTrade and Plus500. St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations.

The review of maxitrade.su is positive. The positive trust score is based on an automated Maxitrade scam analysis of 40 different data sources we checked online such as the technology used, the location of the company, other websites found on the same web server, etcetera. Forex, CFDs and Binary Options carry a high level of risk. Trading is a very profitable and money sphere. That is why, in addition to trust companies, there are different scams, one-day and divorce.

In different countries, regulators have their own approach to the Forex market, so it is not always fully regulated everywhere. Unfortunately, unscrupulous market participants are taking advantage of this. There is no exact explanation on the broker’s page that the minimum deposit is $250. However, while going through all the different account types we noticed that the minimum deposit for the start account is $250. The payment methods listed on the broker’s website are Bitcoin, Credit Cards, WebMoney and QIWI.

In addition, it is possible to open and close transactions by phone. MaxiTrade offers its users different types of accounts that are sorted by the deposit amount and vary in settings, options, bonuses, quick withdrawals and one on one support availability. MaxiTrade is an unlicensed CFDs broker owned by Strategy One LTD, which is a company with 10 years of experience and has earned the trust of Association of Russian Banks. We were unable to confirm this claim, but we are pretty sure that all our South African readers can find more details in our MaxiTrade review below. Maxitrade platform — the easiest way to earn money on the cryptocurrency exchange market.

Don’t go near Maxitrade or any of its associated companies

Metatrader4 is a globally popular platform where traders can use a large number of options, different graphs, and make a progress. Our review of the Forex / CFD broker Maxitrade shows, that they offer investors their very own custom trading platform. Additionally, traders have to option of using the classic MetaTrader4 desktop and web trading platforms. Not all brokers and offers are regulated in the United States of America. We don’t recommend, facilitate or encourage trading with products that are not regulated.

Maxitrade broker review