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Maxain-Some Important Points about the Broker

WikiFX | 2025-03-18 15:24

Abstract:Maxain was founded by Maxain Group Limited in 2017 in Hong Kong. It is regulated by Labuan FSA. Besides, it provides multiple trading assets, including forex, metals, energy, indices and stock CFDs with spread from 0.0 pips and leverage up to 1:1000 through the MT4 platform.

MaxainReview Summary
Founded2017
Registered Country/RegionHong Kong
RegulationLabuan FSA
Market InstrumentsForex, metals, energy, indices and stock CFDs
Demo Account✅
LeverageUp to 1:1000
SpreadFrom 1.3 pips (Standard account)
Trading PlatformMT4
Min Deposit$0.01
Customer SupportLive chat, contact form
Tel: +852 31888975
Email: support@maxaingroup.com
Social media: Facebook, LinkedIn, Twitter, Instagram, YouTube
Address: Workshop 60, 3/F, Block A, East Sun Industrial Centre, No.16 Shing Yip Street, Kowloon, Hong Kong
Regional RestrictionsThe United States, Hong Kong, Canada, Haiti, Iran, Suriname, Democratic Peoples Republic of Korea, Puerto Rico, Brazil, occupied areas of Cyprus, Syria, North Korea, and Cuba residents

Maxain was founded by Maxain Group Limited in 2017 in Hong Kong. It is regulated by Labuan FSA. Besides, it provides multiple trading assets, including forex, metals, energy, indices and stock CFDs with spread from 0.0 pips and leverage up to 1:1000 through the MT4 platform.

Maxain's homepage

Pros and Cons

ProsCons
Regulated by LFSALong list of non-service countries
Multiple trading assetsSlow withdrawal processing time
Tiered live accounts
Demo accounts offered
Flexible leverage ratios
Popular trading platform MT4
Low minimum deposit
Popular payment options
No fees for deposits and withdrawals

Is Maxain Legit?

Regulated CountryRegulated AuthorityCurrent StatusRegulated EntityLicense TypeLicensed Number
Malaysia
Labuan Financial Services Authority (Labuan FSA)RegulatedMaxain LimitedStraight Through Processing (STP)MB/23/2017
Regulated by LFSA

What Can I Trade on Maxain?

Maxain offers over 100 instruments, including forex, metals, energy, indices and stock CFDs.

Tradable InstrumentsSupported
Forex✔
CFDs✔
Metals✔
Energy✔
Indices✔
Stocks✔
Cryptos❌
Bonds❌
Options❌
ETFs❌

Account Type

Maxain offers three account types: Cent, PRO and ECN. It also offers demo accounts.

Account TypeCENTPROECN
Min Deposit$0.01$1$10,000
Trading Unit0.01
Trading Instruments40+100+100+
Max Leverage1:4001:10001:100
SpreadFrom 1.3 pipsFrom 0.0 pips
Commission$0$7
Allow EA✔✔✔
Allowing Scalping✔✔✔
Stop Out50%100%
Account comparison

Leverage

Maxain's leverage depends on the trading amounts, up to 1:1000. 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.

Net Worth (USD)MaxLevrage
1-1,0001:1000
1,000-5,0001:500
5,000-10,0001:200
10,000+1:100
Leverage

Spread and Commission

Maxain's spreads and commissions also vary by the account types.

Account TypeSpreadCommission
CentFrom 1.3 pips❌
PROFrom 1.3 pips❌
ECNFrom 0.0 pips$7
Spread and Commission

Trading Platform

Maxain provides the world-acclaimed Metatrader 4 platform, popular for its advanced charting tools, user-friendly interface and built-in market analysis. The app version of the platform can be downloaded from Windows desktop, Android and iOS devices, allowing you to trade on the go and never miss any trade changes.

Trading PlatformSupportedAvailable DevicesSuitable for
MT4✔Desktop, Android and iPhoneBeginners
MT5❌/EXperienced traders
MT4

Deposit and Withdrawal

Maxain supports deposit and withdraw via VISA, Mastercard, USDT, Alipay, Wechatpay, Transfer and Unionpay. Besides, there are no fees for deposits and withdrawals. The processing time of withdrawal usually requires 2-3 working days.

Payment options
Deposit options
Deposit charge
Withdrawal charge
Withdrawal processing time

Related broker

Regulated
Maxain
Company name:Maxain Group Limited
Score
5.77
Website:https://www.maxainasia.com
5-10 years | Regulated in Malaysia | Straight Through Processing (STP) | MT4 Full License
Score
5.77

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