MaxiTrade

Maxitrade review

Maxitrade was founded by the international financial holding company Market Solutions Ltd. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe.

The bonus is a controversial topic in online trading. It was so badly abused in recent years that 2 years ago CySEC acted on it and ordered all Cyprus regulated brokers to stop offering them. Since most brokers in EU have CySEC license it meant that the bonuses were practically outlawed and remained a feature offered mostly by unregulated brands, one of which is MaxiTrade.

Maxitrade is a scam broker connected with other brands (Agricole Trade, Aspen Holding, Olympus Markets). We warn you against transfering any money to this broker.

Should I Open An Account With Maxitrade?

Maxitrade review

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. are provided for any budget and professional level of the trader.

Maxitrade review

You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines. This is a pretty decent setup, however, the trading conditions are terrible. Spreads are huge and commissions very high. It pays much more to trade with a broker such as IQoption, which offer all these on a regulated platform, which, however, is not MT4.

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 https://maxitrade.bid etc. When you see the crypto options that you can trade on this platform, it seems like a decent setup. However, we need to tell that the trading conditions are not that great for South African traders. Spreads with this broker are really high and commissions are huge.

The best way to trade is to make use of trustworthy brokers. And, Maxitrade isn’t one of the most trustworthy brokers out there. 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. FairForexBrokers.com does not recommend any forex, crypto and binary brokers or exchanges to US traders besides NADEX, which is licensed by CFTC.

  • You can always get in touch with your manager or technical support by phone, email, Live chat or request a call-back.
  • Not all brokers and offers are regulated in the United States of America.
  • We warn you against transfering any money to this broker.

And, most traders will know that the platform that you are going to use is important. MT4 is one of the most reliable platforms for trading forex.

Make sure to stay away from this broker as they are anonymous and that they can disappear any time without notice. MaxiTrade is rightfully proud of its analytical materials and its training program. A trader is given access to the analytics as represented by market forecasts for different time periods, a calendar of economic news, financial news, and much more. Following a saying that it is never too late to learn, MaxiTrade clients can undergo independent training after reading numerous articles. Technically, MaxiTrade does not lose to the “veterans” of the market.

Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. No, it is not safe to trade with MaxiTrade.

Usually, regulated brokers are not scams but there’s a grey area in this case because on one hand Maxitrade is registered with a financial watchdog but on the other hand, said the regulator is not known as feared supervision authority. In fact, this is a non-governmental organization and basically, anyone can get a certificate from them as long as they pay a fee and fulfill a few other requirements. To make sure you are dealing with a regulated and known broker, you should be able to find easily who is the CEO of this brokerage firm, who is running it etc. Lack of information is a big red flag since you don’t know who will be dealing with YOUR MONEY. This is the reason why MaxiTrade is a dangerous broker to deal with. Looking at MaxiTrade website, it shows that they are owned by Strategy One Ltd.

By filling the form you have taken the first step to recover your money. The last thing that you want is to make use of brokers that have complaints against them.

ScamBroker.com is a Broker Reviews Website. The website does not offer investment advice.

All generated profit will remain on your balance and can be withdrawn at your request. Trading is a very profitable and money sphere. That is why, in addition to trust companies, there are different scams, one-day and divorce.

Forex Investing:

Maxitrade.com occupies high positions in the leading ratings of brokers. One of the main characteristics of this broker is its availability for both beginners and experienced traders. I would also like to note that Crypto broker Maksytrade is regulated by Cyprus Securities and Exchange Commission maxitrade.bid (CySEC) and participates in Investor compensation fund, which stands for its reliability. All clients of PrimeTime Finance enjoy the highest level of support. Also I have to mention that PrimeTime Finance is one of the few brokers who have Code of professional conduct and ethics in place.

Maxitrade review