MaxiTrade is a Trusted Forex Broker in the Financial Market
I don’t understand why I would use this method considering that I can deposit directly with my card on Maxitrade’s website. 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 https://maxitrade.bid 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.
Minimum deposit is $250 and can be made via credit cards, wire transfers (you will have to contact a representative if you want to wire them money) and a few online payment solutions such as Qiwi and WebMoney. There’s also an option to deposit using Bitcoin but for that, you will be redirected to a third party payment processor where you will buy Bitcoin using a credit card.
they didn’t teach me how to trade. Here traders have to be very careful. They must understand that the broker is not a financial advisor.
The company provides customers with fundamental and technical analysis and has several trading platforms. Among OANDA’s financial advantages are low spreads, individual pricing for all premium accounts, no commissions, and no minimum deposit. If a brokerage company tends to raise red flags, then one should pay attention to trader experience in the international scene.
Overall, we don’t see this whole setup as a friendly condition, especially for a trading beginner. For this reason, we advise our South African readers to only deposit with regulated and trusted brokers for added security and benefits. but this company just show that even with the small money left on my account ($2,000) they won’t give it back to you.
If they keep it new they avoid this along with the fact most newbies jump from one scam to another hoping one of these will work, which none of them do because trading is a learned skill/job… So again, understand their stories and how they work, and don’t deposit . A product or service shouldn’t make you reliant on it. You can remove bonus from trading account at any time without any restrictions! All generated profit will remain on your balance and can be withdrawn at your request.
I am a victim of this fraudulent company. I strongly recommend do not trade. 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.
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. This is why people are asking if Maxitrade is reliable and trustworthy. When we are looking at the information and the research that we have done, this is what we have found out about Maxitrade.
A quantitative assessment of the level of broker regulatory by the WikiFX compliance and audit team, through regulatory grading standards, regulatory actual values, regulatory utility models, and regulatory abnormality prediction models. A systematic evaluation of real-time monitoring of over 40 factors such as the broker’s command execution index, customer capital static index, global public opinion index, liquidity index, and credit index by the WikiFX risk management team and the WikiFX cloud system.
- Spreads are huge and commissions very high.
- they didn’t teach me how to trade.
- Forex trading carries a high level of risk and may not be suitable for all investors.
Spreads are huge and commissions very high. 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.
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 maxitrade scam 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.
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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, 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. You are basically using Maxitrade at your own risk.
MaxiTrade is a forex and CFD broker that focuses on cryptocurrency trading. It offers the above account types and trading on the industry’s standard MetaTrader 4 platform with seemingly good spreads. Our review of the Forex / CFD broker Maxitrade shows, that they offer investors their very own custom trading platform.
One of the main characteristics of this broker is its availability for both beginners and experienced traders. Maxitrade.com is a reliable, regulated broker Maxitrade cheating in Europe.