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Finaguide -Overview of Minimum Deposit, Leverage, Spreads

Max Online Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-12-31 14:41

Abstract: Max Online, is a trading company based in Hong Kong. Despite being a relatively new company, it offers a range of market instruments focusing on gold and silver trading.   Max Online provides various account types, including a Standard Account, Simulated Trading Account, and Institutional Account, with no minimum deposit requirement and a maximum leverage of 1:400.   The company operates without regulation, and its trading platform of choice is MetaTrader4. Customer support is available via email, phone, and live chat. Deposits and withdrawals can be facilitated through the company's webpage. Max Online also offers educational resources such as basic trading knowledge, research on precious metals, a laboratory feature, and a glossary to assist traders in their learning journey.

Max OnlineReview Summary
Founded1-2 years
Registered Country/RegionHong Kong
RegulationUnregulated
Market InstrumentsGold and silver
Demo Account✅
LeverageUp to 1:400
Spread0.01 lot
Trading PlatformMt4
Min DepositFree
Customer SupportTel: +852 2166 1197
Email: cs@maxonline.io
FAX: (852) 2851 0017
Online form

Max Online Information

  Max Online, founded 1-2 years ago and registered in Hong Kong, offers trading in gold and silver with leverage up to 1:400. While it provides no deposit fees and multiple customer support options, the platform is unregulated and lacks support for MetaTrader 5 (MT5).

Max Online Information

Pros and Cons

ProsCons
Offers two trading products (Gold & Silver)Unregulated
Provides four types of customer supportLeverage up to 1:400
No deposit feesDoes not offer MT5

Is Max Online Legit?

  Max Online is unregulated, and its domain, maxonline.com, was registered on March 1, 1995, with an expiration date set for March 2, 2026.

Is Max Online Legit?
Is Max Online Legit?

What Can I Trade on Max Online?

  Max Online offers two trading products:

  Gold Trading:

  • Standard Gold (GOLD_STD): Trading volume ranges from 0.1 to 20 lots.
  • Gold Unit: 1 lot = 100 oz.

  Silver Trading:

  • Silver (SILV_): Trading volume ranges from 0.01 to 10 lots.
  • Silver Unit: 1 lot = 5,000 oz.
Tradable InstrumentsSupported
Gold✔
Silver✔
What Can I Trade on Max Online?

Account Type

  Max Online offers a Standard Account, suitable for all investors. Additionally, Max Online provides a demo account for practice.

FeatureDetails
Account TypeStandard Account
Suitable forAll investors
Trading SymbolsFixed Spread + Floating Spread
Leverage RatioGold: 50/100/200/400x
Min. Deposit Requirement$0
Commission Fees$0
Max Net Holding20 lots of Gold/Silver
Trading ModelStraight-Through-Processing (STP)
Trading PlatformMetaTrader 4
EA Automated TradingSupported
Account Type

Leverage

  Max Online offers leverage of up to 400 times for its trading products.

Leverage

Max Online Fees

  Max Online offers the following fee structure:

  • Account Opening Fee: Free
  • Auto-Closeout Fee: None

  There are no commissions on trades, and traders can enjoy low or fixed spreads depending on the product.

Max Online Fees
Max Online Fees

Trading Platform

  Max Online offers MT4, but does not support MT5.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔Mobile and Desktop(Windows & macOS)Beginner
MT5❌Mobile and Desktop(Windows & macOS)Experienced Trader
Trading Platform

Deposit and Withdrawal

  Max Online does not charge deposit fees, but clients are responsible for any bank charges. Max Online does not accept cash or credit card deposits. Deposits via UnionPay take 1-2 business days, while international wire transfers and local bank transfers may take up to 5 business days.

  Withdrawals require a request form and are processed via bank remittance. Local payments incur bank fees, and China UnionPay charges a $20 fee for withdrawals under $150 (waived for withdrawals over $150). Overseas withdrawals incur a $10 fee, with potential additional bank charges. Withdrawals are processed in USD, and other currencies are converted at the bank's exchange rate. There is no maximum withdrawal limit.

Deposit and Withdrawal

Related broker

No Regulation
Max Online
Company name:Max Online Limited
Score
1.94
Website:http://maxonline.io/en
1-2 years | Suspicious Regulatory License | MT4 Full License | Regional Brokers
Score
1.94

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