⋆ Maxitrade Review ⋆ Is Maxitrade.com Legit Broker or a Scam?
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.
But, there is something wrong with the demo account. The demo account offers unrealistic spreads. Meaning that https://maxitrade.zone you might think that this is the perfect broker to use, because of the results you had from the demo account.
Ms Ablett said that she initially invested £200 with the company, but that individuals who described themselves to her as “brokers” convinced her to up her stakes, telling her she was trading on the performance of gold and stocks. Every trader is given the ability to track his or her money and is made privy to even the most minimal advantage. MaxiTrade wins the competition as it permits customers to work without paying commissions. Personal account managers, professional consultants, and analysts are always ready to assist traders.
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.
Paweł Mosionek An active trader on the Forex market since the 2006 year. Editor of Forex Nawigator portal and editor-in-chief and co-creator of ForexClub.pl. Speaker at the “Focus on Forex” conference at the Warsaw School of Economics, “NetVision” at the Gdańsk University of Technology and “Financial Intelligence” at the University of Gdańsk. Two-time winner of “Junior Trader” – investment game for students organized by DM XTB. Addicted to travel, motorcycles and parachuting.
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MaxiTrade offers several types of accounts that offer various services depending on the size of the deposit. The logic is that the customers who deposit higher amounts to trade with the broker also get preferential treatment. If you have traded with Maxitrade and believe you have been scammed by them you have a chance to get your money back. MaxiTrades uses the MT4 web trader.
It is important to distinguish the fraudster from the law-abiding organization. them immediately and try to get your fund out. If the Maxitrade has done the following, you have probably a victim of Maxitrade scam broker.
The economic news calendar describes the events of world markets, shows their influence on the Forex market. ScamBroker.com is a Broker Reviews Website. The website does not offer investment advice.
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 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. However, while going through all the different account types we noticed that the minimum deposit for the start account is $250.
- While they might get general help and guidance from the broker, it is highly unlikely that the broker can or should give them recommendations for trading.
- This type of behavior is similar to what the old binary options brokers did back in the day and is definitely something to avoid.
- The logic is that the customers who deposit higher amounts to trade with the broker also get preferential treatment.
- Despite the efforts of the software developer MetaQuotes to push forward the MetaTrader 5, the MT4 is still the favorite platform of most traders.
- The selection of forex pairs is not bad, we counted some 68 pairs on their trading platform, with a variety of exotic currencies Trading on Forex like Philippine Peso, Norwegian Krone, Danish Krone, Swedish Krona, Czech Krona, Hungarian Forint, Polish Zloty, Hong Kong Dollar, Singapore Dollar, Mexican Peso, Russian Ruble, Turkish Lira and South African Rand.
Very friendly staff, guys responsive and competent in any matter related to the market and the company. If the potential client maxitrade fraud still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all.
Its reliability and quality of work is unparalleled. International Forex brokers MaxiTrade, Saxo Bank, and OANDA are examples of brokerage companies who are not only able to follow the rules implemented by regulators, but are also able to establish successful working relations with traders around the globe. MaxiTrade is a forex broker.
Maxitrade is an offshore FX and CFD broker that offers a large asset basket composed of currencies, indices, commodities, stocks, and cryptocurrencies. The website is owned by Market Solutions Ltd., which is a company registered at Kingstown, St. Vincent and the Grenadines.
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And that is when you will receive a phone call as well. This Website may contain information in particular regarding financial services and products that could be regarded b a E.U.
The website also claims the company has been around 10 years and “has earned trust” of Association of Russian Banks and the Association of Regional Banks of Russia. If a brokerage company tends to raise red flags, then one should pay attention to trader experience in the international scene. There are many Forex brokers who are proven to be legitimate an example of these are MaxiTrade, Saxo Bank, and OANDA. are provided for any budget and professional level of the trader.
Maxitrade exchange platform
ForTrade happens to be a reputable Forex broker in England, that is licensed and regulated by FCA. Investors like their unique trading software, see here. This is a negative finding as any website who offers a service or product usually has several reviews at least. As a result we lowered our trust score.