MaxiMarkets Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-08-05 16:40

Abstract：MaxiMarkets, founded in 2013, is an unregulated brokerage company registered in Marshall Islands. We have screenshots of its website on WikiFX. However, the language is Russian.

　　Note: MaxiMarkets's official website: https://en.maximarkets.info/ is currently inaccessible normally.

MaxiMarkets Information

　　MaxiMarkets, founded in 2013, is an unregulated brokerage company registered in Marshall Islands. We have screenshots of its website on WikiFX. However, the language is Russian.

Is MaxiMarkets Legit？

　　MaxiMarkets currently lacks valid regulation. This means that the broker is not a safe forex broker and you may encounter fraud. We recommend that you look for a regulated broker as an option.

Downsides of MaxiMarkets

Unavailable Website

　　MaxiMarkets's official website is currently inaccessible. We can not get first-hand information from its website.

Lack of Transparency

　　We can not find any useful information about MaxiMarkets online. Its safety and legitimacy cannot be verified.

Regulatory Concerns

　　MaxiMarkets currently operates without valid regulation. Its safety and legitimacy are doubtful.

Withdrawal Difficulty

　　According to an exposure on WikiFX, a user encountered difficulties with fund withdrawals.

Scam Risk

　　According to an exposure on WikiFX, people are calling this broker a scam.

Negative MaxiMarkets Reviews on WikiFX

　　On WikiFX, “Exposure” is posted as a word of mouth received from users.

　　Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

　　As of now, there are 2 pieces of MaxiMarkets exposure in total. I will briefly introduce them.

　　Exposure 1. Scam risk

Classification	Scam
Date	2021-05-03
Post Country	Bangladesh

　　The user said that people were calling this broker a scam. You may visit: https://www.wikifx.com/en/comments/detail/202105023972343171.html

　　Exposure 2. Cannot withdraw

Classification	Unable to Withdraw
Date	2023-09-13
Post Country	Kyrgyzstan

　　The user said that the company set the conditions that he could withdraw money only after working out 100 lots. However, they opened only 3 orders which lost the entire deposit in three days. And now his account has minus 275 dollars. You may visit: https://www.wikifx.com/en/comments/detail/202309129682300291.html

Conclusion

　　MaxiMarkets is exposed by some users as a scam. Withdrawal is difficult at this company. There are no laws protecting clients' funds. Thus, we advise clients to choose regulated brokers with transparent operations instead.