Maxiplus-Overview of Minimum Deposit, Spreads & Leverage

General Information & Regulation

Maxiplus says to be owned and operated by Seabreeze Partners Ltd., a company based offshore in the Commonwealth of Dominica. Maxiplus is not regulated anywhere, which means if you deposit your funds with them, you will have to rely entirely on the integrity of the people who operate the website, which for obvious reasons is not an option. MaxiPlus does not provide its services to citizens and residents of the following countries: Afghanistan, France, Japan, UAE, Ukraine, USA, Syria.

Market Instruments

MaxiPlus says to offer seamless access to the global financial markets and multiple asset classes, including over 100 currency pairs, commodities, oil, precious metals, shares, indices and digital currencies

Minimum Deposit

The minimum deposit requirement at Maxiplus.trade is 250 USD. Despite that this amount is line with the industry standards, traders are not advised to open trading accounts here as this broker does not fally under any regulatory agencies.

Leverage

Maxiplus offers leverage of up to 1:300, but since they are anything but legit, and their offshore registration does not make things look any better.

Spreads & Commissions

Spreads and commission differs depending on various trading accounts. The spreads in the Starting account and the Classic account start from 1.3 pips. As for Business account, the minimum spreads start from 1 pip.

Trading Platform Available

In terms of trading available, Maxiplus offers a web-based trading platform with some basic functions, instead of industry-recognized MT4 or MT5 trading platforms.

Deposit & Withdrawal

The only funding method is Bitcoin, a very obvious scam sign! Cryptos are the favorite currency of the scammers because its virtually impossible to make a refund. The digital coin payments are totally anonymous and not governed, or supervised by any institution that can protect you in case of a scam.