MaxiTrade is a Forex Brokerage Company Respected by Traders – Marketme

Posted on : by : Deepesh

MaxiTrade is a Forex Brokerage Company Respected by Traders – Marketme

Maxitrade scam

Bottom line is that that you will be dealing with 2 companies, one from St Vincent and the Grenadines and another from Azerbaijan, without high-profile regulation, so I think that’s not the best case scenario but so far there haven’t been any clear signs of a scam.

Assets that traders can trade on this platform are specific cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Zcash, DASH, IOTA, NEO 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.

None are bankrupt either. It must be said that foreign exchange markets are regulated strictly. If a brokerage company tends to raise red flags, then one should pay attention to trader experience in the international scene. There are many Forex brokers who are proven to be legitimate an example of these are MaxiTrade, Saxo Bank, and OANDA. are provided for any budget and professional level of the trader.

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. Forex brokers, Saxo Bank, OANDA, and MaxiTrade can be cited as successful examples of operations in the financial market. Their online reputation attests to their legitimacy. Regulators have long adopted the rules of the game of the Forex market and they seek to stringently follow their strict position in relation to brokerage companies.

There are other, much better brokers out there that you can use. Brokers that are under strict rules and regulations themselves. The best way to trade is to make use of trustworthy brokers.

Of course, you’ve probably tried to ask the broker politely to simply return your money, and it obviously didn’t work. If you lost more than $3,000 to an online scam, we may be able to help you now. them immediately and try to get your fund out. If the Maxitrade has done the following, you have probably a victim of Maxitrade scam broker.

The best part? You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review. MaxiTrade offers several types of accounts that offer various services depending on the size of the deposit. The logic is that the customers who deposit higher amounts to trade with the broker also get preferential treatment.

Maxitrade scam

Meaning that you will never know for sure if you are doing everything according to their rules and regulations. It is important to only use brokers that are regulated. Making sure that you are using the best brokers there possible is.

CFDs and cryptocurrency trading entails significant risks and there is a chance that potential clients lose all of their invested money. In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all.

  • For this reason, we advise our South African readers to only deposit with regulated and trusted brokers for added security and benefits.
  • This type of behavior is similar to what the old binary options brokers did back in the day and is definitely something to avoid.
  • ScamRecovery.net offers no financial services or advice.
  • It is important to distinguish the fraudster from the law-abiding organization.
  • Following a saying that it is never too late to learn, MaxiTrade clients can undergo independent training after reading numerous articles.
  • With Platinum, you should be able to produce at least $200,000.00.

Do you know you have a good chance to get your lost funds back? A number of unregulated brokers like Maxitrade have been reported https://maxitrade.plus to scam people. Broker Dispute helps victims of scam brokers to fight back and get their lost money back from scam brokers.

They are offering different types of accounts, and a demo account as well. When the Scam Broker Investigator reviews a Forex broker to see if they are a scam or legitimate, we look for a valid brokers license. The main reason investors always use a licensed and regulated broker is to be sure that your funds are safe and kept in segregated accounts. Reviews about the work of various Forex brokers are diverse. Since the competition in the market is huge, many believe that they can surpass a competitor through highly-negative feedback.

Top Brokers in South Africa

Maxi trade is a Cryptocurrency Broker offering Trading services via Web trading platform. Regarding orders execution model, Maxitrade is a b-book broker (market maker). maxitrade.plus Maxitrade offers trading of cryptocurrencies only. Maxitrade is regulated by the FSA (St. Vincent and the Grenadines). Maxitrade is more than just forex brokers.

It is important to distinguish the fraudster from the law-abiding organization. The Forex market has been popular with traders for decades. Many of them, being professionals, managed to achieve serious profits from currency trading and other financial instruments. 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.

The minimum deposit amount is 250 USD, EUR, GBP or 20 000 RUB. For experienced traders, the broker offers Premium and VIP accounts, with a good set of additional services, such as professional trading strategies, market analytics, insured rates, round-the-clock support and much more. I want to draw your attention to the fact that Maxitrade broker offers unique bonus conditions . Turnover requirement is 5 times of the bonus amount only!

Trading advantages

It is difficult for a novice trader to figure out where there is actual scam or fraud, why this or that company is labelled bankrupt, and how to distinguish a fraudster from a law-abiding broker. There are many recommendations, after reading which, you will learn about the characteristic signs of scam projects, and what a real scam looks like.

Maxitrade scam

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