MaxiTrade is a Trusted Forex Broker in the Financial Market
Likewise, there was no other version so this is probably the only way to trade with this broker. Metatrader4 is a globally popular platform where traders can use a large number of options, different graphs, and make a progress. Minimum deposit to use MaxiTrade broker and trade on the financial market is $250.
We advise all investors and traders to avoid MaxiTrade and other brokers from St. Vincent and the Grenadines. Maxitrade is more than just forex brokers. They are CFD brokers as well. They are focusing on cryptocurrency trading.
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We do not present any guarantees for the accuracy and reliability of the information. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. No, it is not safe to trade with MaxiTrade. MaxiTrade is owned by Strategy One Ltd., which is an offshore company registered in St. Vincent and the Grenadine.
Churning occurs when a broker engages in excessive buying and selling of securities in a customer’s account chiefly to generate commissions that benefit the broker. For churning to occur, the broker must exercise control over the investment decisions in the customer’s account, such as through a formal written discretionary agreement. Frequent in-and-out purchases and sales of securities that don’t appear necessary to fulfill the customer’s investment goals may be evidence of churning.
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St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading. Therefore, it became an offshore zone for shady forex brokers such as GoldFxTrading, AZ Trades and more.
Evaluate Your Trades
When we are looking at the information and the research that we have done, this is what we have found out about Maxitrade. Info that might let you think twice about using them for trading forex.
The trader is allowed very low spreads, starting from two pips, allowing them to maneuver without much loss. MaxiTrade has a large number of financial instruments that makes it possible to work with quotes of precious maxitrade.pro metals and oil. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. supervisory authority as an offer of financial services targeted in Europe.
- In case you have questions relating to this and feel uncomfortable about what your advisor is doing with your money, then don’t be afraid to consult a securities attorney or file a complaint about the SEC’s website.
- We don’t recommend, facilitate or encourage trading with products that are not regulated.
- 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.
- MaxiTrades uses the MT4 web trader.
One would expect that the annual plan is the basic one, since in a way offers least value. One cannot really predict that far in the future to have a bulletproof trading plan. It would be more logical if the premium account holders got their plans updated more frequently to reflect changes on the market. In our opinion, pretty useless hook.
I strongly recommend do not trade. Technically, MaxiTrade does not lose to the “veterans” of the market. 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.
Maxitrade platform — the easiest way to earn money on the cryptocurrency exchange market. Maxitrade.com occupies high positions in the leading ratings of brokers.
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. The desire is fair, since scam projects and fraud https://maxitrade.pro 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.
The website is owned by Market Solutions Ltd., which is a company registered at Kingstown, St. Vincent and the Grenadines. The company is registered with the International Financial Market Relations Regulation Center (IFMRRC), with Certificate 0395 AA V0128. In the past decade, Exness has managed to establish a leading position in the CFD industry and greater fintech world by offering services and trading conditions matched by the few. These include hundreds of financial instruments, best execution, narrow spreads, market-leading platforms, flexible leverage options, proprietary apps and the most sought-after tools to fortify any trading strategy.
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.
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.