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. I want to praise the company. And indeed there is for that.
Worthy of note, Saxo Bank’s expert support is a round the clock operation stretching from Monday to Friday. Personal account managers, professional consultants, and analysts are always ready to assist traders. They carry a vast experience and can tell you how to distinguish a fraudster and a scam from a law-abiding organisation. Saxo Bank has been operating for a good 25 years. It had willingly submitted itself to stringent legal requirements in more than 10 jurisdictions.
This isn’t legal to make sure that the demo account is offering higher profit than the real, paid accounts. And, many people are falling for these scams.
When you see the crypto options that you can trade on this platform, it seems like a decent setup. 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.
One of the most common questions newbies in the market ask is how not to run into a scammer and choose a reliable brokerage company. 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.
You are basically using Maxitrade at your own risk. Maxitrade is making use of the MT4 platform. And, most traders will know that the platform that you are going to use is important.
You can read our detailed article about the risk of trading with brokers from St. Vincent and the Grenadines. 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.
It is compatible with any computer, has a user-friendly interface, and has a good design. The platform has already won the favour of users. It is spoken of as one of the fastest working platforms with orders being executed at lightning speed; customers immediately receive a report on each transaction in real time.
MaxiTrade Start Account
In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all. This is a funny one.
- MaxiTrade possesses all these qualities and more competitive qualities.
- However, we need to tell that the trading conditions are not that great for South African traders.
- At Broker complaint registry it’s our job to make sure you can fight back and get your money refunded.
Forex Brokers Reviews:
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 https://maxitrade.bid 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 is rightfully proud of its analytical materials and its training program.
Regarding orders execution model, Maxitrade is a b-book broker (market maker). Maxitrade offers trading of cryptocurrencies only. Maxitrade is regulated by the FSA (St. Vincent and the Grenadines). Maxitrade is more than just forex brokers. They are CFD brokers as well.
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. Maxitrade platform — the easiest way to earn money on the cryptocurrency exchange market.
The company boasts of easily accessible training materials and its technical equipment are intuitive. All three companies have their own trading platforms. Saxo Bank introduced the SaxoTraderPRO maxitrade.bid and SaxoTraderGO platforms, OANDA has a platform of the same name, and MaxiTrade provides the opportunity to trade on the xCritical platform and the MaxiTrade trading platform.
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.
Maxitrade exchange platform
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. Could you use Maxitrade without any risks?