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FOREX BROKER MAXITRADE: THE REVIEWAGENDA
* Maxitrade as a Broker * MaxiTrade’s offers * Is Maxitrade a Scam? * Should I give MaxiTrade a try? * Positive Maxitrade Customer Reviews * The Conclusion on Maxitrade Through a quick search on the internet, a lot of comments seem to aim at calling the broker a “Maxitrade scam” with a lot of Maxitrade customer reviews littered around online confirming so. Out of curiosity, we looked into the Maxitrade site to see if these claims are true and what we found may be surprising to say the least. MAXITRADE AS A BROKER The first thing you would need to know about Maxitrade is that it is a Forex and CFD broker located somewhere in Eastern Europe. Maxitrade broker offers services trade with a large basket of currencies, commodities, stocks, indices, and of course, cryptocurrencies. Here, we will look into all about the broker in thisMaxitrade review.
MAXITRADE’S OFFERS After perusing around the Maxitrade official site, we found that a well-presented table detailing the spreads for all their trading instrument. The website shows hundreds of assets to trade and offers a pretty good leverage which can go up to as high as 1:200. The MaxiTrade broker employs the use of the MetaTrader 4 platform which is a great choice for this broker. MT4 is available to the trader in two versions; a downloadable and web-based version which makes daily active trading effectively easy and portable with a number of devices. The trading platform is offered by Xcritical and has given a great balance with a user-friendly interface while still keeping its functionality intact. The platform boasts a plethora of features for analytical and technical charting, keeping even the most advancedtrader satisfied.
The Maxitrade broker (https://maxitrade.com/ ) also offers a range of perks and bonuses depending on the account you’d be willing to open. These can range from how much support you can get for your analysis and how much of a priority would be given to your withdrawals. Here is an overview of the accounts and said perks that can be found in the MaxiTrade loginpage:
START ACCOUNT
* Deposit range from $250 – $3000 * Bonus gained up to 50% * Basic Introduction to the platformSILVER 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 analystGOLD 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 accountPLATINUM 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 programVIP 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
Obviously, the premium VIP members do get access to a lot of perksand features.
The MaxiTrade broker gives traders favorable trading conditions and has services that are fairly regulated. There have been some minor inconsistencies presented in their website than what can be found in the trading platform. The range of its assets are huge and its range of cryptocurrency is wider than most brokers out there including the famous Bitcoin, Ethereum, Monero, and more. On the MaxiTrade site, it is detailed that their spreads are low with just around 10 to 20 USD for a Bitcoin, however on their platform, it can be pretty high with more than 100USD for Bitcoin.
That said the website https://maxitrade.com/ would be much better if it had an FAQ to cater to its client base as the MaxiTtrade login page and site are translated to 6 languages and can be difficult to find information pertaining to your needs. IS MAXITRADE A SCAM? For a starter, in order to let us put the “MaxiTrade fraud”, “MaxiTrade cheat”, or, strangely enough, “MaxiTrade lie” to proof, we had to look into what it is regulated under. After we went about digging around the MaxiTrade.com site to find that the company is registered with the International Financial Market Relations Regulation Center (IFMRRC) with a proof of Certificate of Compliance _0395 AA V0128_. Of course, this would be in contrast with a lot of Maxitrade reviews claiming that the broker is not regulated. Their business is fair and standard to the industry; however, it can be fair to say that the broker may need to be under a more prolific regulator in order for them to get out of the current light they are in at the time of writing this. Across the internet, there are quite a number of complaints that can be found around customer review sites. However, most of these comments seemed to have been from last year and when checking the date the broker completed its IMFRCC only recently in January. We can assume to a certain degree that the broker is doing something to work on itsreputation.
SHOULD I GIVE MAXITRADE A TRY? 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. Though honestly, assuming from the MaxiTrade site’s Start Account deposit of $250, this venture can be considered a bit too high for first-time traders to test out with MaxiTrade. We would whole-heartedly recommend MaxiTrade to experienced and seasoned traders at most as there are other places with cheaperalternatives.
A few things to consider though – not all of the MaxiTrade customer reviews are on the fault of the broker itself. When you are faced with all sorts of posts from forums, review articles, and comments about a “MaxiTrade scam”, you will notice that some traders, at times, would seem to be bent on blaming the broker or exterior influence as opposed to admitting that it may have been the fault of their own trading strategies. This would lead people to believe on why Forex isa scam.
POSITIVE MAXITRADE CUSTOMER REVIEWS Amidst most of the Maxitrade review sites, there are still a few positive comments and reviews out there that we can look into. Some of it may reflect upon how Maxitrade conducts legitimate business and how its set of features and interfaces come into play to the benefit ofthe client.
THE CONCLUSION ON MAXITRADE All information about the broker has been found from the MaxiTrade.com site and cross-checked with other online materials and research. Bottom-line, if you have the capital, do give Maxitrade a try. The Maxitrade broker company is not a scam but it isn’t a _great_ one either. Maxitrade is above-average at most. In this forex review, MaxiTrade is a legitimate company with better-than-average ratings overall and it certainly is not a scam.5 COMMENTS
KENZIE
June 9, 2019 at 10:04 pm I think the company deserves maximum confidence! I have already managed to work on the market since 2016, and I can say that trading with a broker is much more comfortable and more confident than I was doing it myself. Someone may decide to trade alone, in fact, I also started this way, but now I understand how much time I have lost in vain.Of course, getting knowledge of the cryptocurrency market and trading strategies is necessary, but then I had to understand firsthand what works and what doesn’t, and this inevitably led to the loss of money.Then I decided to check whether it’s true that it’s faster and easier to work with a broker. I analyzed perhaps a dozen companies and came to the conclusion that Maxitrade should become my broker. In general, everything from the convenience of the platform to the technical support works great. Surprisingly quickly made the conclusion of the first 600 dollars, it took only 1.5 hours. I even thought that it was only for one time so that the client would think it would always be like this, but for all the time that I work with Maxitrade, the maximum withdrawal time was a little more than 3 hours.Now the main thing is that nothing changes to worst in the company and remains as it is! I am sure that with such a service and organization of trading processes, they have a great future. I wish you millions of customers!Reply
LACHLAN
June 13, 2019 at 6:15 pm When my brother told me about the forex market and the fact that he works with Maxitrade, it all seemed to me to be a complicated process. But when I first heard about cryptocurrency and told my brother about it, he suggested to me that the company with which he works began trading in the crypto market. Then I didn’t have any doubts with which broker to work with, because my brother had no complaints about Maxitrade. What now I have already mastered the crypto market. I trade six coins on a daily basis and do it on my own, but I entrusted the bulk of the coins to the broker. In terms of income, the broker brings me more than I earn myself, but it is worth noting that I cannot regularly spend the whole day on the trade. In general, from my own experience, I can advise this broker as reliable. Of course, nothing magic is there, and the money does not just drop to you from the sky. There are losses. But I learned to keep calm and look at profits not on a day but in the context of a month or quarter. It was here that I began to understand that the net profit per month is very good and that you can work with this broker for a long time and reliably. I know each of us has own way and personal history in the crypto market, however, I am glad that my experience was positive and I can freelyshare it) .
Reply
JACK
June 27, 2019 at 4:27 pm And where did you see the broker that suits you 100% and how many of you worked with it? I am not in favor of offending someone with words, but all complaints are not supported by anything. The worst thing is when someone loses money because of own wrong or risky operations and then says that it’s the broker who is to blame for everything, and the company is simply fraudsters. When choosing a broker, you need to select a financially reliable one, and there are not many of them left in the world. And when newbies come to different websites, read reviews, then most often they are hammered by some cosmic scale money loses and frightened by problems with the withdrawal of funds. And ultimately, a novice goes to a broker who is not scolded, but only because no one is trading with it and so your false reviews are setting up cages for honest people. I consider the complaints to be specific and substantiated, and it is not possible to do this as part of the recall. I suggest everyone who is sure that they are being deceived on Maxirade, to be more justified in approaching their criticism and proving their words, and not just writing mythical sums and saying that they are holding your money. I hope the owners of the websites will be able to offer to do something with the accusations are groundless. The fact is that the company’s reputation is earned for a long time, and such supposedly honest comments are written in a minute. But worst of all, they have no truth under them! It is strange to me that someone considers Maxitrade, a scammer. On what basis? All the promised is ALWAYS fulfilled, technical support always on time and competently answers all questions. If you had a negative trading experience gained somewhere else, or you just foolishly lost your money with other brokers, then you shouldn’t talk about a company that has not only many years of experience in cryptocurrency trading, but also has thousands of successful clients who have long earned rather than complain. So your success in trading is not an easy task. Do not be angry, but draw conclusions from your actions. Also, in Maxitrade, there are very serious security measures, different approaches against fraudsters. All the conditions for depositing and withdrawing money are described in detail, and if you don’t like to read, ask by phone, there’s a hotline. Yes, sometimes there were some problems, but, as a rule, they were very quickly resolved by brokers. The company works smoothly, does not put “sticks in the wheels” traders, like many other brokers.Reply
GLADY
July 4, 2019 at 5:12 pm I am still new in the cryptocurrency market and have been working with Maxitrade for only two months, but I am delighted that I did not have to spend a lot of time to learn everything and then experience it. The theory is always relevant, but it is not always similar to what happens in practice. That is why working with a broker is what I needed! I don’t know who could have any problems with the company, but so far, I haven’t faced anything terrible. I withdraw money once a month, and everything comes on time, plus the support department always works without days off, which is very important for me. Let’s see what will happen next, but now everything is fine!Reply
CRISPIN
July 9, 2019 at 11:58 am Today I received my first payment from Maxitrade! To be honest, I was a little worried because the amount is more than 1000 dollars! Incredible feeling! I am thrilled that the broker keeps his word and helps to earn an excellent net profit! Of course, in the beginning, I did not know how much to invest and for how long, when to take a withdrawal and fix profits, but my manager calmed me, and I am glad that I did not panic in the market. Thank you!!!Reply
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