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Maxitrade Complaint

Maxitrade review

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 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 . We were unable to confirm this claim, but we are pretty sure that all our readers can find more details in our MaxiTrade review below. The website does not provide investment services or personal recommendations to clients to trade any financial instrument.

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.

Maxitrade review

This broker claims that their goal is to become a reliable and recognizable cryptocurrency broker available to every trader at the market. Also, according to the broker, there is no extra fees or any monthly commission to trade with this broker. 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 brokers or brokers in and reliable brokers such as AvaTrade and Plus500.

The desire is fair, since scam projects and fraud are widespread in the industry. However, licensed international Forex brokers who already have a reputation may be disadvantaged. It is important to distinguish the fraudster from the law-abiding organization.

For this reason, we advise our 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, , 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 traders. Spreads with this broker are really high and commissions are huge.

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).

And, that there are investigations by regulators about them. If any regulator is issuing a warning against a broker, then you should rather use another, maxitrade.bid more trustworthy regulator. Regulators are there to ensure that you aren’t taken for a ride and that you won’t lose any money unnecessarily.

Để đảm bảo an toàn trong những trường hợp bị cướp hoặc khủng bố, trước khi đi bạn nên chuẩn bị sẵn những kỹ năng tự vệ bằng cách tự học Vịnh Xuân Quyền miễn phí online.

When the 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. 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.

  • Overall, we don’t see this whole setup as a friendly condition, especially for a trading beginner.
  • IQ Option is a world-famous regulated broker that takes your trading to the next level.
  • As this is the case, we need to get acquainted with ratings compiled by various websites and analysts.

And, Maxitrade is making use of MT4. There is no exact explanation on the broker’s page that the minimum deposit is $250.

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.

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 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.

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, , WebMoney and QIWI. 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.

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Nothing on this website should be considered a recommendation or endorsement. The information on this website is not directed at residents of any country, where such distribution is against local laws or regulation. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. We may receive compensation from the companies we write about. Always verify that the broker you choose to invest with, is licensed by your local financial regulator.

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.

Broker assigns personal managers to all clients. You can always get in touch with your manager or technical support by phone, email, Live chat or request a call-back. Maxitrade.com is a reliable, regulated broker in Europe. Confirming information can be found on the broker’s website in the “About the Company” section. They are offering a demo account.

Maxitrade review

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