MAXIMARKETS Spreads, leverage, minimum deposit Revealed

　　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.

　　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.

　　Trading Hours

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

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

　　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.