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EuromaxFX is an online forex broker founded in 2011, offering investors over 20 currency pairs and precious metals. EuromaxFX is currently in an unregulated status.

WikiFX | 2024-11-15 18:35

Abstract:Founded in 2011, EuromaxFX is an unregulated online trading platform registered in the Virgin Islands. It assets to offer two types of live accounts and access to Meta Trader 4. Forex, Indices, Stocks, and Metals are available on this platform.

Note: EuromaxFX's official website: https://euromaxfx.com/ is currently inaccessible normal.

EuromaxFXReview Summary
Founded2011
Registered Country/RegionThe Virgin Islands
RegulationUnregulated
Market InstrumentsForex, Indices, Stocks, Metals
Demo Account/
LeverageUp to 1:500
SpreadFixed from 2.0 pips
Trading PlatformMT4
Min Deposit$10
Customer SupportEmail: support@euromaxfx.com

Founded in 2011, EuromaxFX is an unregulated online trading platform registered in the Virgin Islands. It assets to offer two types of live accounts and access to Meta Trader 4. Forex, Indices, Stocks, and Metals are available on this platform.

EuromaxFX

Pros & Cons

ProsCons
Various trading marketsNot subject to any regulation
MT4 supportedUnfunctional website
Low minimum depositWide spreads
No commissionsNo scalping allowed
Limited contact channels

Is EuromaxFX Legit?

No. EuromaxFX operates without valid regulation from any notable authorities. Trading on this platform can be risky.

No license

What Can I Trade on EuromaxFX?

Trading AssetAvailable
forex✔
metals✔
indices✔
stocks✔
commodities❌
cryptocurrencies❌
bonds❌
options❌
ETFs❌

Account Type/Leverage/Fees

Micro and Standard accounts are the two live account types available on this platform. On the MetaTrader 4 platform, they both provide commission-free trading, fixed spreads, and high leverage.

On top of that, EuromaxFX offers Islamic (Swap Free) service across these two accounts.

Account TypeMinDepositMinTrade SizeMax LeverageSpreadCommission
Micro$100.011:5002.0 pips, fixed❌
Standard$1000.011:5002.0 pips, fixed❌

Trading Platform

EuromaxFX offers traders the most popular MT4 trading platform on the Forex market, as well as the MT4 desktop and mobile versions. The MT4 terminal has all the necessary tools and features for analyzing the price dynamics of financial instruments and supports automated trading programs.

Trading PlatformSupported Available Devices Suitable for
MT4✔Desktop, Mobile, WebBeginners
MT5❌Desktop, Mobile, WebExperienced traders

Deposit and Withdrawal

EuromaxFX accepts payments via credit/debit cards (Visa, MasterCard), bank wire transfer, and e-wallets like Skrill and Neteller.

Related broker

No Regulation
EuromaxFX
Company name:EuromaxFX
Score
1.56
Website:http://euromaxfx.com/home
5-10 years | Suspicious Regulatory License | Suspicious biz area | High potential risk
Score
1.56

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