Score

1.53 /10
Danger

MAXIMARKETS

Marshall Islands

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

C

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Score

Regulatory Index0.00

Business Index7.19

Risk Management Index0.00

Software Index4.00

License Index0.00

Time Machine
Website

Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

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Regulatory disclosure

Broker Information

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Company Name

Maxi Services Ltd.

Company Abbreviation

MAXIMARKETS

Platform registered country and region

Marshall Islands

Company website

Facebook

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away!
Previous Detection : 2024-11-17
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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MAXIMARKETS · Company summary
basic-info

General Information

Founded in 2008, MAXIMARKETS is a forex broker providing access to a massive financial market, including Stocks, Indices, Metals, Energies, Forex, Cryptocurrencies. With the MAXIMARKETS platform, six types of trading accounts are available, with the minimum deposit to trade starting from $500.

MAXIMARKETS does not hold any regulatory license to show it operates legally. Please be aware of the risk.

Market Instruments

With the MAXIMARKETS platform, five classes of trading instruments can be traded, which include Stocks, Currencies, Cryptocurrencies, Indices, Commodities and Metals.

Account Types

With the MAXIMARKETS platform, a total of six trading accounts are on offer, namely Mini, Standard, Silver, Gold, Platinum and ECN. To open a Mini account, $500 is required, which is much higher than most legit brokers‘ requirements to this type of account. MAXIMARKETS’s most expensive trading account, ECN account, requires a minimum deposit of $50,000.

Obviously, it appears that this broker is trying to defraud traders by asking for high deposits, so extra vigilance should be taken.

account-types

How to open an account with MAXIMARKETS?

Opening an account with MAXIMARKETS is an easy and simple process:

1. Click the “REGISTRATION/AUTHORIZATION” link, and fill up some required details on the popping-up page.

2. Upload your personal data for this company to verify your details.

3. Fund your account and start to trade with this forex broker.

Leverage

When it comes to leverage, Culture Capital allows its clients to use leverage of up to 1:100, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Trading Platform

When it comes to trading platforms, multiple trading platforms are available with MAXIMARKETS: xCritical Platform, MAXIMARKETS Trading terminal, Mobile platform, MAXIMARKETS Helper, MT4, MT5, MetaTrader Web Terminal.

Payment Methods

The minimum deposit is $500, and MAXIMARKETS accepts payments via VISA, MasterCard, Webmoney, QIWI, Western Union, and more.

payment-methods

Trading Hours

MAXIMARKETS displays a detailed schedule concerning trading hour for particular instrument.

You can visit the “Trading Hour” section to check out.

trading-hour

Customer Support

Clients have any inquiries or trading-related issues can also get in touch with Culture Capital through the following channels:

Telephone: +7 (495) 1453496, +7 (495) 1452638

Email: support@maxmarkets.org

Skype & Youtube

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

User Reviews

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User comment

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Comments

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FX1234116191
more than one year
I never wanted to come out to tell everyone what MAXIMARKETS has done to me and my family, leaving us waiting for 57k but inaccessible, too bad of it.
I never wanted to come out to tell everyone what MAXIMARKETS has done to me and my family, leaving us waiting for 57k but inaccessible, too bad of it.
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2023-02-17 10:31
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Barry33445
more than one year
This is a broker that I just found out about, but it's trending recently on the internet, so I'm amazed that in a short time, it can reach many members, maybe because of the attractive promos and facilities that this broker can skyrocket...
This is a broker that I just found out about, but it's trending recently on the internet, so I'm amazed that in a short time, it can reach many members, maybe because of the attractive promos and facilities that this broker can skyrocket...
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2023-02-15 15:27
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