MAXITRADE LTD. Free customer feedback, reviews and supplier feedback from Company Check. Registered as 05108152
FairForexBrokers.com is not licensed nor authorised to provide advice on investing and related matters. MaxiTrades uses the MT4 web trader. MetaTrader is really a global standard for forex and CFDs traders, and even its web-platform offers excellent features for trading – from advanced charting tools to special trading settings. This was a really good choice by MaxiTrades. It seems that there is only web trader version available, meaning that there is no client app to download, at least not one we could find.
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. What surprised us as we wrote this review is the fact that Maxi Trade broker uses MetaTrader4 as a trading platform. Likewise, there was no other version so this is probably the only way to trade with this broker.
According FSC most websites are owned and operated by foreign companies, registered in offshore zones such as the Marsha Islands. On top of that some of the pages use details of legit businesses in an apparent attempt to defraud users that they are part of renowned financial institutions such as the Belgium KBC Group or HSBS. In the retail forex industry such scam pages are known as “clone websites”. The Sofia Regional Court blocked the access to 40 websites, offering forex, CFD and binary options trade form Bulgaria, without proper authorization by the local Financial Service Commission or any other official regulatory body in EU. Maxitrade is an unregulated Crypto Currency broker, Maxitrade is an online Forex & Crypto Currency broker that is owned by Strategy One Ltd.
To open an account, the client must have $500. The company offers low spreads, which allow working almost without loss, a very convenient system of account replenishment and withdrawal of funds, and no commissions. The brokerage company, MaxiTrade has less experience in comparison to Saxo Bank and OANDA, as it was only established in 2008. One can read a number of allegations against MaxiTrade. Treading along the lines of scam and fraudulent activities, some have claimed of losing all their money, thus claiming bankruptcy.
Many unregulated brokers have been found to scam traders. At Broker complaint registry it’s our job to make sure you can fight back and get your money refunded. By filling the form you have taken the first step to recover your money. The website does not provide investment services or personal recommendations to clients to trade any financial instrument. Information on FairForexBrokers.com should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice.
This is the first sign that Maxitrade isn’t recommended https://maxitrade.reviews to use by traders. They aren’t registered.
MaxiTrade is a broker, presumably Russian, that offers trading cryptocurrencies via CFDs on MT4 platform. The company behind the broker is Strategy One Ltd, or so the website claims.
I want to praise the company. And indeed there is for that.
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. Technically its regulated by Labuan IBFC, which is the first time we hear about this jurisdiction.
Metatrader4 is a globally popular platform where traders can use a large number of options, different graphs, and make a progress. Choosing an international Forex broker, traders should pay attention to the reliability of the company, its convenience for users, the presence of useful tools, a clean legal reputation. 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.
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. 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.
It pays much more to trade with a broker such as IQoption, which offer all these on a regulated platform, which, however, is not MT4. 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.
Additionally, traders have to option of using the classic MetaTrader4 desktop and web trading platforms. The trading platform is offered by XCritical (Quant ROI Ltd) and it’s a nice mix between user friendliness and functionality, with enough features to keep maxitrade.reviews more advanced traders satisfied. Don’t expect to be a pro using it the first time, but it will be fairly easy to get used to. At the time of writing, they had about 268 signals available right on the platform and I am sure this will appeal to many people.
The system of account replenishment and profit withdrawal is highly convenient and is made clear to any trader. These actions can be done with credit cards, bank transfers, web-wallets, and the like through well-known global payment systems.
Maxitrade.com occupies high positions in the leading ratings of brokers. One of the main characteristics of this broker is its availability for both beginners and experienced traders. Maxitrade.com is a reliable, regulated broker in Europe.