Score

1.30 /10
Danger

Themax Financial Limited

United Kingdom

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Score

Regulatory Index0.00

Business Index5.41

Risk Management Index0.00

Software Index4.00

License Index0.00

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Licenses

No valid regulatory information, please be aware of the risk

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

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40G

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Broker Information

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Company Name

Themax Financial Limited

Company Abbreviation

Themax Financial Limited

Platform registered country and region

United Kingdom

Company website

Company summary

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Themax Financial Limited · Company summary

Note: Themax Financial Limited's official website: https://www.themaxltd.com/ is currently inaccessible normal.

Themax Financial LimitedReview Summary
Founded2021
Registered Country/RegionUnited Kingdom
RegulationUnregulated
Market InstrumentsForex, Crude Oil, Precious Metals, stocks, Futures, Commodities, Indices, Cryptocurrencies
Demo Account
LeverageUp to 1:500
SpreadFrom 1 pips
Trading PlatformTextdiy
Min Deposit/
Customer Support24/7 live chat
Phone: +44 (0) 20 7466 4665
Email: support@themaxltd.com
Company Address: 25 OLD BROAD STREET LONDON UNITED KINGDOM EC2N 1HN

Themax Financial Limited is an unregulated online trading platform headquartered in the United Kingdom. Established in 2021, it offers a wide range of tradable assets, including forex, crude oil, precious metals, stocks, futures, commodities, indices, and cryptocurrencies.

Themax Financial Limited's homepage

Pros & Cons

ProsCons
Wide range of tradable productsLack of regulation
Unavailable website
Non-transparent trading conditions

Is Themax Financial Limited Legit?

Themax Financial is not a trusted broker because it is not regulated by a financial authority with strict standards.

No license

What Can I Trade on Themax Financial Limited?

Trading AssetAvailable
forex
metals
commodities
indices
energies
stocks/shares
cryptocurrencies
options
funds
ETFs
futures
crude oil
What Can I Trade on Themax Financial Limited?

Account Type

Themax Financial Limited offers three account types.

Comprehensive Account: Allows continuous CFD trading using a proprietary index that simulates real market movements.

Finance Account: Targets traders interested in forex, commodities, and cryptocurrencies, offering both standard and micro-transaction sizes with high leverage.

Financial STP Account: Designed for those who prefer a Straight Through Processing model. It focuses on major and minor currency pairs with tighter spreads.

Account Type

Leverage

Themax Financial Limited provides leverage options ranging from 1:100 to 1:500 for traders.

Trading Platform

Trading PlatformSupported Available Devices Suitable for
TextdiyDesktop, Mobile, Web/
MT5Desktop, Mobile, WebExperienced traders
MT4Desktop, Mobile, WebBeginners
Trading Platform

User Reviews

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User comment

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Comments

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Mason Hall
more than one year
My experience trading with Themax Financial Limited? Let's just say - a good challenge. The account-opening speed was decent, like a brisk jog, but after you get in, the ride gets bumpy. Withdrawals? Well, you'd have better luck waiting for a bus in the middle of a desert - a long and drawn-out process. And let's not forget customer support, more elusive than a black cat at midnight. Getting answers felt harder than finding a needle in a haystack. As for trading costs and options, they were more twisted than a pretzel. Decoding them was like solving a cryptic crossword puzzle. I'd say, if you're into a bit of an adrenaline rush, Themax might just be your cup of tea! Definitely not for the faint-hearted."
My experience trading with Themax Financial Limited? Let's just say - a good challenge. The account-opening speed was decent, like a brisk jog, but after you get in, the ride gets bumpy. Withdrawals? Well, you'd have better luck waiting for a bus in the middle of a desert - a long and drawn-out process. And let's not forget customer support, more elusive than a black cat at midnight. Getting answers felt harder than finding a needle in a haystack. As for trading costs and options, they were more twisted than a pretzel. Decoding them was like solving a cryptic crossword puzzle. I'd say, if you're into a bit of an adrenaline rush, Themax might just be your cup of tea! Definitely not for the faint-hearted."
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2023-10-11 09:37
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Lucas Jackson
more than one year
Slippage was probably the biggest headache. One time a market order slipped over 30 pips and cost me hundreds in losses immediately. Can't be having that, especially with my limited capital starting out. The spreads were wider than I expected as well. I was paying significantly more per trade than some friends using other brokers. Adds up quick and eats into profits.
Slippage was probably the biggest headache. One time a market order slipped over 30 pips and cost me hundreds in losses immediately. Can't be having that, especially with my limited capital starting out. The spreads were wider than I expected as well. I was paying significantly more per trade than some friends using other brokers. Adds up quick and eats into profits.
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2023-10-10 16:55
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