Maxitrade Complaint

Maxitrade Complaint

Maxitrade scam

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. Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs. One of the best features that Maxi Trade offers their investors are the free trading signals.

You will even have two customer support emails that you can use. They are offering different types of accounts, and a demo account as well.

Long time ago I began to cooperate with…

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. 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.

Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself https://maxitrade.pro acquainted with its specifics and all the risks associated with it. All information on 55brokers.com is only published for general information purposes.

MaxiTrade Special features

On top of the XCritical platform, Maxitrade also offers Meta Trader 4 (both downloadable maxitrade.pro and web-based), which is a nice addition. OANDA also offers various trading platforms.

In different countries, regulators have their own approach to the Forex market, so it is not always fully regulated everywhere. Unfortunately, unscrupulous market participants are taking advantage of this. We advise all investors and traders to avoid MaxiTrade and other brokers from St. Vincent and the Grenadines. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as AvaTrade and Plus500. St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations.

Technically its regulated by Labuan IBFC, which is the first time we hear about this jurisdiction. 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. Maxitrade is an offshore FX and CFD broker that offers a large asset basket composed of currencies, indices, commodities, stocks, and cryptocurrencies.

  • 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.
  • When we are looking at the information and the research that we have done, this is what we have found out about Maxitrade.
  • Maxitrade is an unregulated Crypto Currency broker, Maxitrade is an online Forex & Crypto Currency broker that is owned by Strategy One Ltd.
  • On top of that, let’s not forget that your money will be handled by their payment processor, which is a company from Azerbaijan.

This is a funny one. 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.

You can start trading with a minimum deposit of ONLY $10! Read our IQ Option review. 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.

For this reason, we advise our South African readers to only deposit with regulated and trusted brokers for added security and benefits. Assets that traders can trade on this platform are specific cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Zcash, DASH, IOTA, NEO etc.

Directly on the trading platform, you will find an advanced trading signals alert system. Surprisingly enough, there is quite a handful of complaints online regarding Maxitrade. And I say “surprisingly” because this broker is very new, not because they are so good that I wouldn’t expect to see any complaints. People had difficulties withdrawing money and some have said that Maxitrade representatives traded on their behalf and then asked for more money.

The OANDA Company is in a slightly different situation. Like Saxo Bank, it also offers a large range of financial products. However, for an organization with solid experience, this is more of a rule of thumb in the market. 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.

Copyright 2018-2019 © ScamRecovery.net — All Rights Reserved. ScamRecovery.net offers no financial services or advice. Any referrals to 3rd parties may have computational rewards. Maxitrade is offering different accounts.

On the company’s website, you can find Forex forecasts for various time periods. Critical and experienced traders have long understood that one should not pay attention to various accusations such as a fraud or scam.

Could you use Maxitrade without any risks? This is the question that many traders and beginner traders are asking. We all know the danger in using brokers that are unreliable and untrustworthy. And, we need to make sure that we know if we can trust them or not.

Maxitrade scam

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