Score

1.53 /10
Danger

RediMax

United States

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

Suspicious Overrun

High potential risk

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Comparison

Quantity 5

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index7.18

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

Licenses

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

Single Core

1G

40G

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Broker Information

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Company Name

RediMax

Company Abbreviation

RediMax

Platform registered country and region

United States

Company website

Company summary

Pyramid scheme complaint

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Warning: Low score, please stay away! 4
Previous Detection : 2024-12-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
  • The number of this brokers's negative field survey reviews has reached 1. Please be aware of the risk and the potential scam!

WikiFX Verification

Pyramid scheme complaint
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RediMax · Company summary

General Information

RediMax is an international ForexTrading platform, regulated by the Dubai Financial Services Authority (DFSA). RediMax is committed to providing risk control and transfer solutions for global institutional and retail clients, CFDs for international spot and futures, and globally integrated trading services.

Market Instruments

RediMax offers investors a range of financial instruments including foreign exchange currency pairs, indexes, indices, as well as commodity futures and precious metals.

Accounts & Leverage

There are two kinds of account types for investors to choose from at RediMax, namely Demo Account and Live Account (USD $500; no extra spread). The maximum leverage is up to 1:400. No commission is charged.

Trading Platform

RediMax provides clients with access to the worlds financial markets through the MetaTrader 4 (MT4) platform (PC, Mac, Android) which is used by millions of traders around the globe.

Deposit & Withdrawal

RediMax provides two methods to instant deposit: Bank Wire and RMB Instant Pay. Due to AML policy, third party deposit and withdrawal are not permitted. All funding request with third party account will be declined, and RediMax is not liable for any costs incurred due these requests.

Trading Hours

The trading times at RediMax depend on the specific market. For example, the forex market is open for a continual 5×24 hours period.

Customer Support

If clients have any questions or concerns, please email at support@RediMax.com or trading@Redimax.com for consultation. The support team is available 24 hours a day Monday - Friday.

News

NewsWikiFX report: Redimax Capital Falsely Claims to be Regulated by the DFSA

The Dubai Financial Services Authority (DFSA) is warning the financial services community and the general public about Redimax Capital's misleading statements (also known as REDIMAX CAPITAL or RediMax). On its website, Redimax Capital falsely claims to be a DFSA-regulated broker and provides a DFSA registration number, implying that it is licensed to provide "registered financial services in Dubai."

WikiFX
2022-04-04 16:10
WikiFX report: Redimax Capital Falsely Claims to be Regulated by the DFSA

User Reviews

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User comment

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Comments

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FX1352454658
more than one year
This bad broker has a broken website, and until now, I came to realize how stupid I was at that time. Redimax used high profits to lure me in, and I coincidently encountered consistently technical issues. Spreads were huge and I don’t know what they would be so shameless said it was due to market fluctuations. I am not fool. Bad broker.
This bad broker has a broken website, and until now, I came to realize how stupid I was at that time. Redimax used high profits to lure me in, and I coincidently encountered consistently technical issues. Spreads were huge and I don’t know what they would be so shameless said it was due to market fluctuations. I am not fool. Bad broker.
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2023-03-23 10:14
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夜空中最亮的星
more than one year
Don't know why when I visit this company website it says it's not safe... I click "Access anyway". Will I be scammed? Or will my computer be hacked?
Don't know why when I visit this company website it says it's not safe... I click "Access anyway". Will I be scammed? Or will my computer be hacked?
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2022-12-12 13:44
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5