MaxiTrade is a Trusted Forex Broker in the Financial Market
First, for the quality of service in passive earnings. I not only earned good money, but also repulsed the invested funds. Portfolio investment service is ideal for those who do not have time to trade, or who do not know how, but have the capital to do so. All this time that I invest in the company, several managers communicate with me, we have already become so friendly that we switched to “you” and plan to meet and relax together this year. Very friendly staff, guys responsive and competent in any matter related to the market and the company.
Technically its regulated by Labuan IBFC, which is the first time we hear about this jurisdiction. 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. Perks range from bonuses, faster withdrawals and analyst support. Below we present the overview of the accounts.
This type of behavior is similar to what the old binary options brokers did back in the day and is definitely something to avoid. Accounts start at $250, which is average for the industry but I consider it too high because clients should be allowed to “test the waters” with lower amounts until they get the hang of it or until they are certain they want to commit a larger amount. 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. Every trader is given the ability to track his or her money and is made privy to even the most minimal advantage.
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. 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.
And, Maxitrade is making use of MT4. There is no exact explanation on the broker’s page that the minimum deposit is $250.
This is great. But, there is something wrong with the demo account.
In many ways it is ahead of them, as it has its own platform that is compatible with any software. It has an excellent design and interface; it has the ability to instantly execute orders and allows for a full report for each transaction to appear online.
Directly on the trading platform, you will find an advanced trading signals alert system. Surprisingly enough, there is quite a handful of complaints online regarding Maxitrade. And I say “surprisingly” because this broker is very new, not because they are so good that I wouldn’t expect to see any complaints. People had difficulties withdrawing money and some have said that Maxitrade representatives traded on their behalf and then asked for more money.
I am a victim of this fraudulent company. I strongly recommend do not trade. Maxitrade is offering different accounts.
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 maxitrade.bid 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.
Being tenured in the industry may be seen as an advantage, but it does not necessarily warrant immediate trust from potential clients. In order to gain that trust, it is necessary to surpass your competitors through financial, technical, and informational factors. Functional and user-friendly trading platform, which has already become a true helper for both beginners and experienced traders.
Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. All information on 55brokers.com is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of the information.
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 https://maxitrade.bid in segregated accounts. 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.
Help is available for you to recover your funds from Maxitrade. The only thing that you need to know is where you can get that help. You don’t wants to land in another scam besides the forex trading scam as well. It is important to make sure that you know what other traders are thinking about a broker before you just start using them. And, in this case, the reviews aren’t really positive.
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.