Broker Maxitrade: True Review on Forex broker

Agenda

What is MaxiTrade?

Among the sea of Forex and CFD brokers online, it may be a daunting task to find that a good and legitimate one; this is especially true if you’re a novice trader starting out. It can be a challenge to find a broker with a platform with the best user friendliness, what its range of markets are, its spreads and leverages offered, fees, deposit and withdrawal options, and of course, what signals and extra features are featured on their trading platform. 

Apart from the features, it is crucially important to also be guaranteed that you can trust the broker whose services you’re using. You can never be too cautious as the industry is full of entities aiming to scheme and plan to take unsuspecting clients’ funds. This can be one of the main reasons why many traders would call brokers out without question and why many may push the idea why Forex is a scam.  

With that out of the way, in this review, we will look into the MaxiTrade broker.

You may have heard about this Forex broker and a certain “MaxiTrade fraud” attached to its name in some Forex review somewhere after a quick search. It may be possible that some of them may not be telling the truth, and others may believe it without a fraction of a doubt. With the lack of evidence, wowever, we will need to look into this matter and see if the MaxiTrade broker is really either a scam or a good broker in this brief but comprehensive review. 

Read on and see what we have in contrast to other Maxitrade customer reviews in order to see maintain an overall perspective in the manner and make a better informed opinion about the aforementioned MaxiTrade scam that is being spread across the internet. 

This is so that when you do have to choose the right broker, you now have all the resources and knowledge to consider the possible scenarios.

MaxiTrade is an online Forex and CFD broker with a website under Day Dream Investments Ltd. The broker offers trading options for an impressively large number of currencies, indices, commodities, stocks, and cryptocurrencies. The company is registered at Kingstown, St. Vincent and the Grenadines under the International Financial Market Relations Regulation Center (IMFRRC). Payment processing services are offered by Marlay Corp LTD, which is a company based in Azerbaijan, with a legal address located in Baku. All these details can be found on the MaxiTrade site.

The MaxiTrade Review

The MaxiTrade.com site boasts the same features and bonuses many leading brokers offer. A characteristic to be noted with the MaxiTrade broker is how it has most of the signals, instrument, and tools veteran traders would need. In just a few years the company has established itself as a noteworthy CFDs broker. This may have been the cause of why its competitors would hire writers and make them write negative reviews about the MaxiTrade broker. However, MaxiTrade still maintains its servicibility to its customers no matter what the competition’s slander against it is. 

The MaxiTrade official site https://maxitrade.com/ boasts a plethora of functions that can be navigated with ease and precision. The MaxiTrade site also offers a variety of financial tools that can make any seasoned trader satisfied as well as the ability to trade with financial instruments like currencies, stocks, indices, and commodities.

MaxiTrade employs the use of the widely-popular MetaTrader 4 platform which is recognized for its convenient format and unique built-in technology called the Autochartist trading signal system. The MaxiTrade broker also offers its traders training and educational materials on how to use the platform effectively. 

Below are the various types of account s that you can opt for when you sign up for MaxiTrade:

Start Account

  • Deposit range from $250 – $3000
  • Bonus gained up to 50%
  • Basic Introduction to the platform

Silver Account

  • Deposit range from $3001 – $10000
  • Bonus gained up to 100%
  • Basic Introduction to the platform
  • Access to Educational and analysis materials 
  • Access to a personal analyst

Gold Account

  • Deposit range  from $10001 – $50000
  • Bonus gained up to 120%
  • Accelerated withdrawals
  • Basic Introduction to the platform
  • Access to Educational and analysis materials 
  • Access to a personal analyst
  • Weekly review of your trading account

Platinum Account

  • Deposit range from $50001 – $100000
  • Bonus gained up to 120%
  • Highest priority withdrawal
  • Basic Introduction to the platform
  • Access to Educational and analysis materials 
  • Access to a personal analyst
  • Weekly review of your trading account
  • Quarterly trading plan program

VIP Account

  • Deposit above $100000
  • Bonus gained up to 125%
  • Highest priority withdrawal
  • Basic Introduction to the platform
  • Access to Educational and analysis materials 
  • Access to a personal analyst
  • Weekly review of your trading account
  • Quarterly and Annual trading plan program
  • Real-time trading demonstration
  • Priority access to the analyst trading sessions
  • VIP hedging tools

As you can see, the minimum, which is $250, you can acquire a Start Account and are ready to start trading after a MaxiTrade login – this counts for the welcome bonuses as well. To some it may not be cheap and may be very expensive for inexperienced traders. However, with the leverage of 1:200, most can notice that there is a great chance of profiting. Signing up for the MaxiTrade broker allows you access to a large amount of analytical materials such as daily/weekly forecasts, and accurately-made economic calendar, news, and charts.  

Is MaxiTrade a Scam?

Before we can come into a conclusion this “MaxiTrade scam” is true or not, we will first look into whether the broker has a valid license in order to conduct activity. This would guarantee that your funds are held in a safe and industry-standard manner. So when checking it out in the https://maxitrade.com/ site, you will notice that the MaxiTrade broker is regulated under the International Financial Market Relations Regulation Center (IFMRRC) with a proof of Certificate of Compliance 0395 AA V0128

This would of course, would be a direct contradiction from MaxiTrade customer reviewers as the site is fully regulated. When it comes to reading MaxiTrade customer reviews claiming that this the “MaxiTrade fraud”, “MaxiTrade cheat”, or, strangely enough, “MaxiTrade lie”, they seem to forget that there are no real backings to any of these claims. 

What are other Traders saying about MaxiTrade?

In between most of the Maxitrade review sites, there are a lot pf positive comments and reviews to be said about the MaxiTrade broker. We will look into these comments as these too are important to the point that the MaxiTrade broker is not a scam, but a legitimate and good broker.

Conclusion 

When considering any broker for that matter, it is important to remember the risks involved and what the community has to say about that particular broker. And with what the community has to say about this broker, we have to stave most of the negative comments are misinformed and, at times, have no real bearing to it. Bottom-line, if you do have the time and the capital, do give Maxitrade a try.