MaxiTrade: Getting to Know a Successful Brokerage Company

If the Maxitrade has done the following, you have probably a victim of Maxitrade scam broker. Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.

Among OANDA’s financial advantages are low spreads, individual pricing for all premium accounts, no commissions, and no minimum deposit. It presents a wide range of over 100 trading instruments including currency pairs, commodities, indices, bonds and Maxitrade cheating precious metals. In its pursuit to help its user better their trading judgement OANDA conducts training for traders through regular webinars. Maxitrade is a scam broker connected with other brands (Agricole Trade, Aspen Holding, Olympus Markets).

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. Choosing an international Forex broker, traders should pay attention to the reliability of the company, its convenience for users, the presence of useful tools, a clean legal reputation. MaxiTrade possesses all these qualities and more competitive qualities. As this is the case, we need to get acquainted with ratings compiled by various websites and analysts.

This is great. But, there is something wrong with the demo account. The demo account offers unrealistic spreads. Meaning that you might think that this is the perfect broker to use, because of the results you had from the demo account. Maxitrade is offering different accounts.

Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it.

Secondly, the companies provide their users all possible aids to better their financial strategies. The companies give their users the ability to trade with numerous financial instruments, access to detailed fundamental and technical analysis, various tools for trading, and the availability of advice. Through these helps, the trader will never feel alone. Critical and experienced traders have long understood that one should not pay attention to various accusations such as a fraud or scam. When a company takes serious steps to build itself up, it will always prevail from bankruptcy.

Forex Education – Money Management:

Therefore, it became an offshore zone for shady forex brokers such as GoldFxTrading, AZ Trades and more. You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines.

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. 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.

• The system of account replenishment and profit withdrawal is highly convenient and is made clear to any trader.
• To guide traders through challenging instances, MaxiTrade’s personal advisers are available round the clock.
• Maxitrade is a big scam.

What was your experience trading with Maxitrade? Please write your review in the comment section below. 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.

MaxiTrades Assets

For the Classic account, you are required of an initial deposit of $10,000.00. With Platinum, you should be able to produce at least $200,000.00. For VIPs, the initial deposit starts from $1,000,000.00. The company provides customers with fundamental and technical analysis and has several 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. FairForexBrokers.com does not recommend any forex, crypto and binary brokers or exchanges to US traders besides NADEX, which is licensed by CFTC. Every trader is obligated to check the legal status in their respective jurisdiction on their own.

I strongly recommend do not trade. Here traders have to be very careful. They must understand that the broker is not a financial advisor. While they https://maxitrade.plus might get general help and guidance from the broker, it is highly unlikely that the broker can or should give them recommendations for trading.

In our opinion, pretty useless hook. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it.

It is important to only use brokers that are regulated. Making sure that you are using the best brokers there possible is. This is the first sign that Maxitrade isn’t recommended to use by traders. They aren’t registered. And, because they aren’t registered, they aren’t regulated as well.

MT4 is one of the most reliable platforms for trading forex. And, Maxitrade is making use of MT4.