MaximusFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-20 10:44

Abstract：Based in Saint Vincent and the Grenadines, MaximusFX is an online financial services provider that offers over 200 trading instruments for online trading.

　　Note: MaximusFX's official website: https://en.maximusfx.com/ is currently inaccessible normal.

MaximusFXReview Summary
Founded	2015
Registered Country/Region	Saint Vincent and the Grenadines
Regulation	Unregulated
Market Instruments	200+, Forex, Metals, Options
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 0.5 pips (Standard account)
Trading Platform	MT4
Min Deposit	$200
Customer Support	Service time: 24/5
	Email: info@MaximusFX.com, support@MaximusFX.com
	Social Media: Twitter, FaceBook, Instagram
	Company Address: Suite 305, Griffith Corporate Centre, Beachmont, P.O. Box 1510, Kingston
Regional Restrictions	US, Iran, Cuba, Sudan, Syria and North Korea

　　Based in Saint Vincent and the Grenadines, MaximusFX is an online financial services provider that offers over 200 trading instruments for online trading.

　　Maximus FX is registered in Saint Vincent and the Grenadines under the number 21567 IBC 2013 to provide foreign exchange services.

　　MaximusFX says it does not accept clients from the US, Iran, Cuba, Sudan, Syria and North Korea.

　　There is no regulatory information on the brokers website at the moment. Please be aware of the risk.

Pros & Cons

Pros	Cons
MT4 supported	Unregulated
Demo accounts available	Unfunctional website
	High commission charged
	High minimum deposit requirement

Is MaximusFX Legit?

　　MaximusFX has not been regulated by any authorities, which can be a major red flag.

What Can I Trade on MaximusFX?

Trading Asset	Available
forex	✔
metals	✔
options	✔
commodities	❌
indices	❌
stocks	❌
cryptocurrencies	❌

Account Type

　　MaximusFX offers three live trading accounts. Swap-free Islamic accounts and demo accounts are also available.

Account Type	MinDeposit	MinTrade Size
Mini	$200	0.01 pips
Standard	$500	0.01 pips
VIP	$500	0.1 pips

Leverage

Account Type	Max Leverage
Mini	1:1000
Standard	1:500
VIP	1:100

　　It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

MaximusFX Fees

Account Type	Avg Spread	Commission
Mini	From 0.7 pips	$16
Standard	From 0.5 pips	$16
VIP	From 0.2 pips	$8

Trading Platform

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Mobile, Web	Beginners
MT5	❌	Desktop, Mobile, Web	Experienced traders

Deposit and Withdrawal

　　MaximusFX has a wide selection of payment methods, including bank transfers, credit and debit cards, China Union Pay and the online payment systems WebMoney, Neteller and Skrill.