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. Since most brokers in EU have CySEC license it meant that the bonuses were practically outlawed and remained a feature offered mostly by unregulated brands, one of which is MaxiTrade.
He claims that request was refused and — like Ms Ablett — he said his accounts afterwards seemed to have been obstructed. Traders are provided Forex forecasts both daily and weekly. MaxiTrade’s economic news calendar presents the events of world markets in real time. Financial news are published every day. Its “Training” section also presents the richest set of resources.
That is why, in addition to trust companies, there are different scams, one-day and divorce. In order not to fall into the hands of deceivers, carefully read independent reviews of professional traders, their reviews, test reports and personal impressions! Today we will talk about Maxitrade.com (Migtrade Co.). Minimum deposit to use MaxiTrade broker and trade on the financial market is $250. This broker claims that their goal is to become a reliable and recognizable cryptocurrency broker available to every trader at the market.
Got scammed by this broker, What to do ?
The payment methods listed on the broker’s website are Bitcoin, Credit Cards, WebMoney and QIWI. Minimum withdrawal listed on the broker website is $50.
Overall, we don’t see this whole setup as a friendly condition, especially for a trading beginner. For this reason, we advise our South African readers to only deposit with regulated and trusted brokers for added security and benefits. Assets that traders can trade on this platform are specific cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Zcash, DASH, IOTA, NEO etc. When you see the crypto options that you can trade on this platform, it seems like a decent setup.
Likewise, there was no other version so this is probably the only way to trade with this broker. Metatrader4 is a globally popular platform where traders can use a large number of options, different graphs, and make a progress. We advise all investors and traders to avoid MaxiTrade and other brokers from St. Vincent and the Grenadines.
Maxitrade Broker is using several secure deposit and withdrawal procedures, namely credit/debit cards, bank wire and digital wallets, including Skrill, Neteller, Webmoney as well as others. It is definitely still possible to increase it through leverage. Financial regulators protect the interests of traders, helps to reduce market crime by preventing fraud, abuse, and manipulation. There are supporters and opponents of the Forex market, and it is not always possible to find a common point of view.
Technically its regulated by Labuan IBFC, which is the first time we hear about this jurisdiction. MaxiTrade offers several types of accounts that offer various services maxitrade broker depending on the size of the deposit. The logic is that the customers who deposit higher amounts to trade with the broker also get preferential treatment.
Maxitrade Broker Info
- The brokerage company, MaxiTrade has less experience in comparison to Saxo Maxitrade review Bank and OANDA, as it was only established in 2008.
- Read our IQ Option review.
- We were unable to verify that.
MaxiTrade is a broker, presumably Russian, that offers trading cryptocurrencies via CFDs on MT4 platform. The company behind the broker is Strategy One Ltd, or so the website claims.
Maxitrade Trading Features
First, for the quality of service in passive earnings. I not only earned good money, but also repulsed the invested funds. Portfolio investment service is ideal for those who do not have time to trade, or who do not know how, but have the capital to do so. All this time that https://maxitrade.reviews I invest in the company, several managers communicate with me, we have already become so friendly that we switched to “you” and plan to meet and relax together this year. Very friendly staff, guys responsive and competent in any matter related to the market and the company.
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. 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.
Most brokers are unregulated or regulated by an offshore regulation authority which doesn’t mean much because there wont be anyone making sure that they aren’t doing any illegal things. Keep in mind that if a broker steal your money, you won’t be able to fight back unless they are regulated by a serious regulatory agency such as the CySEC (Cyprus Securities and Exchange Commission), FCA (Financial Conduct Authority). It had willingly submitted itself to stringent legal requirements in more than 10 jurisdictions.
The information on this website is not directed at residents of any country, where such distribution is against local laws or regulation. We are not responsible for any losses you may incur, by investing with a company mentioned on this website. We may receive compensation from the companies we write about. Always verify that the broker you choose to invest with, is licensed by your local financial regulator. ForTrade happens to be a reputable Forex broker in England, that is licensed and regulated by FCA.
Unfortunately, the company’s website doesn’t have any account options, (e.g. what amount should be deposited in order to be able to open and close transactions). Do note that these small flaws are unlikely to adversely affect the choice of traders. – 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. MaxiTrade is a forex and CFD broker that focuses on cryptocurrency trading.
Their online reputation attests to their legitimacy. Also, according to the broker, there is no extra fees or any monthly commission to trade with this broker.