Is Maxitrade A Scam?
Between Maxitrade cheating 74-89 % of retail investor accounts lose money when trading CFDs. We advise all investors and traders to avoid MaxiTrade and other brokers from St. Vincent and the Grenadines. Reviews about the work of various Forex brokers are diverse.
And that is when you will receive a phone call as well. It will be form your “senior account manager”, who will be impressed by your trading results, but will simply explain you that if you want to make some real money, you will simply https://maxitrade.vip have to invest more – like 10 000 USD or so. It is no secret that there is a large number of websites created specifically to publish content regarding brokerage companies who are allegedly involved in fraudulent activities.
Trading FX or CFDs on leverage is high risk and your losses could exceed deposits.
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. This broker claims that their goal is to become a reliable and recognizable cryptocurrency broker available to every trader at the market.
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. MaxiTrade offers its users different types of accounts that are sorted by the deposit amount and vary in settings, options, bonuses, quick withdrawals and one on one support availability. Between 65% and 89% of retail investors lose money with trading in CFDs.
Forex, CFDs and Binary Options carry a high level of risk. Any opinions, news, research, predictions, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice. FX Trading Revolution will not accept liability for any loss or damage including, without limitation, to any loss of profit which may arise directly or indirectly from use of or reliance on such information.
In addition, it is possible to open and close transactions by phone. 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. ESMA intervention measures do not apply to customers of Market solutions Ltd and it is your responsibility to choose a company which is most suitable for your trading needs. Maxitrade platform — the easiest way to earn money on the cryptocurrency exchange market.
- Unfortunately, unscrupulous market participants are taking advantage of this.
- The analytics includes daily and weekly forecasts, a calendar of financial and economic news, charts and quotes, and quarterly reporting dates for the largest global corporations that influence the financial market.
- The company is registered with the International Financial Market Relations Regulation Center (IFMRRC), with Certificate 0395 AA V0128.
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.
In order to sort out the strong brokers from the weak and the reputable ones from those with shady dealings, we must go through a series of steps before depositing https://maxitrade.vip a large amount of capital with a broker. When you are changing to the paid account, you will see that making money for real isn’t as easy as with the demo account.
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. At first glance, this looks like a broker with good trading conditions and some form of regulation but there are some discrepancies between the spreads listed on the website and the ones that you are getting on the trading platform itself.
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. Every trader is obligated to check the legal status in their respective jurisdiction on their own. This is a pretty decent setup, however, the trading conditions are terrible. Spreads are huge and commissions very high.
Maxi trade is a Cryptocurrency Broker offering Trading services via Web trading platform. Regarding orders execution model, Maxitrade is a b-book broker (market maker).
For instance, faced with all sorts of forums posts, articles, and disgruntled comments about a broker, we could assume that all traders fail and never make a profit. The traders that fail to make profits then post content online that blames the broker (or some other outside influence) for their own failed strategies. Maxitrade is a big scam. I am a victim of this fraudulent company.
While larger brokers grow by providing a certain standard of service, the 2008-2009 financial crisis taught us that a big or popular firm isn’t always safe. Luckily for traders, this type of situation is an outlier and not likely to occur.
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.