MaxiTrade: Getting to Know a Successful Brokerage Company
They aren’t registered. And, because they aren’t registered, they aren’t regulated as well. This is why people are asking if Maxitrade is reliable and trustworthy. When we are looking at the information and the research that we have done, this is what we have found out about Maxitrade.
These actions can be done with credit cards, bank transfers, web-wallets, and the like through well-known global payment systems. MaxiTrade offers its users different types of accounts that are sorted by the deposit amount and vary in settings, options, bonuses, quick withdrawals and one on one support availability. When you are changing to the paid account, you will see that making money for real isn’t as easy as with the demo account.
Turnover requirement is 5 times of the bonus amount only! You can remove bonus from trading account at any time without cryptocurrency trading strategies any restrictions! All generated profit will remain on your balance and can be withdrawn at your request.
they didn’t teach me how to trade. Now, I almost lose my money, only $2,000 US DOllar left on my account.
All clients of PrimeTime Finance enjoy the highest level of support. Also I have to mention that PrimeTime Finance is one of the few brokers who have Code of professional conduct and ethics in place. Broker assigns personal managers to all clients. You can always get in touch with your manager or technical support by phone, email, Live chat or request a call-back. Forex trading carries a high level of risk and may not be suitable for all investors.
Demo account too good to be true
Many of them, being professionals, managed to achieve serious profits from currency trading and other financial instruments. In different countries, regulators have their own approach to the Forex market, so it is not always fully regulated everywhere.
The trader is allowed very low spreads, starting from two pips, allowing them to maneuver without much loss. MaxiTrade has a large number of financial instruments that makes it possible to work with quotes of precious metals and oil. Regulators have long adopted the rules of the game of the Forex market and they seek to stringently follow their strict position in relation to brokerage companies.
Finding a good brokerage company has always been a challenge for novice traders. There are many of them out there. However, if you subscribe to the opinions of experts and examine reviews on the internet, you will find out that there are a lot of entities in the industry that only aim to scheme and put one over unsuspecting traders. There are numerous cases when the operations of a promising company suddenly takes an unfortunate turn and files for bankruptcy. So when choosing a broker, you need to consider all the possible scenarios.
FREE Trading Signals, Indicators and Strategies
- MaxiTrade has a large number of financial instruments that makes it possible to work with quotes of precious metals and oil.
- Also, we must note that the IFMRRC certification was just completed in January 2019 so we can assume this is a very new brokerage (they don’t specify a launch date).
- They have been written by actual or former clients of the company.
- Very friendly staff, guys responsive and competent in any matter related to the market and the company.
- Assets that traders can trade on this platform are specific cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Zcash, DASH, IOTA, NEO etc.
- Between 74-89 % of retail investor accounts lose money when trading CFDs.
What then is so attractive about MaxiTrade, Saxo Bank, and OANDA? Firstly, all of them are always open and willing to communicate with the client to attempt at resolving his or her problems. Secondly, the companies provide their users all possible aids to better their financial strategies. The companies give their users the ability to trade with numerous financial instruments, access to detailed fundamental and technical analysis, various tools for trading, and the availability of advice. Through these helps, the trader will never feel alone.
Don’t put all your eggs in one basket. Open trading accounts with at least two brokers. Forex trading carries a high level of risk and may not be suitable for all investors. Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. I thought that MaxiTrade will return the money already, but then Natali Heazer told me that I need to speak with the manager again which means that they are going to convince me again to trade and just lose the money.
Millennium FX Review
Our review of the Forex / CFD broker Maxitrade shows, that they offer investors their very own custom trading platform. Additionally, traders have to option of using the classic MetaTrader4 desktop and web trading platforms. On the other hand brokers, regulated by respectable financial institutions, such as the Financial Conduct Authority (FCA) in the UK, the Australian Securities and Investments Commission (ASIC) or the Cyprus Securities and Exchange Commission (CySEC), do guarantee the security of your investment, as among others, they are required to allow external audits, to file regular reports, to provide a negative balance protection to their customers, to keep their money in a segregated, protected form creditors account, to maintain some minimum operational capital and in some cases even to insure traders money. – The Promotion, reviews and other information are written and posted here just for the informational reason only. which must not take as an invitation or inspiration to invest in the Financial Market, as Trading leveraged products such as Forex, CFDs and Binary Option, Indices and cryptocurrency involves significant risk to your invested capital.
There is also distrust towards broker companies that can artificially inflate market volatility and, as a result, distort market pricing. Regulators https://maxitrade.reviews also mention the unstable operation of trading platforms. As a result, ordinary investors no longer trust the financial markets.
While they might get general help and guidance from the broker, it is highly unlikely that the broker can or should give them recommendations for trading. The bonus is a controversial topic in online trading. It was so badly abused in recent years that 2 years ago CySEC acted on it and ordered all Cyprus regulated brokers to stop offering them.
This broker claims that their goal is to become a reliable and recognizable cryptocurrency broker available to every trader at the market. Also, according to the broker, there is no extra fees or any monthly commission to trade with this broker. Maxitrade is a big scam. I am a victim of this fraudulent company. I strongly recommend do not trade.
In many ways it is ahead of them, as it has its own platform that is compatible with any software. It has an excellent design and interface; it has the ability to instantly execute orders and allows for a full report for each transaction to appear online. For the convenience of its users, the company provides an opportunity to directly communicate with consultants and a Personal Manager in the English language.
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