Maxco Review - Is the Broker's Forex Trading Reliable? Does It Offer Futures? - WikiFX

WikiFX | 2026-04-20 22:57

Abstract：Maxco is regulated by JFX. It offers more than 70 products, with low fees and bonuses. Additionally, it provides demo accounts for novice traders to experience.

Maxco Review Summary
Founded	2-5 years
Registered Country/Region	Indonesia
Regulation	Regulated
Market Instruments (70+)	Forex/Metals/Futures/CFD-Stock
Demo Account	✅
Leverage	Up to 1:500
Spread	Variable
Trading Platform	MT4, WebTrader and Mobile App
Min Deposit	$100
Customer Support	Email: cs@maxco.co.id
Customer Support	Phone: +62 21 720-5868

Mexico Information

Maxco is a broker registered in Indonesia. The tradable instruments with a maximum leverage of 1:500 include forex, metals, futures, and CFD-stock. The broker also provides demo and real accounts. This brokerage provides various spreads, which can be tight, and the minimum deposit is $100. Although MaxCo is regulated by the JFX, risks cannot be avoided completely.

Pros and Cons

Pros	Cons
Regulated	No 24/7 customer support
Leverage up to 1:500	No copy trading information
MT4 available
Demo account available
Various tradable instruments

Is Maxco Legit?

Maxco is regulated by JFX under the Retail Forex License and license number SPAB-057/BBJ/12/03. However, it also claims to be regulated by BAPPEBTI under license number 353/BAPPEBTI/SI/V/2004, which should be verified.

What can I trade at MaxCo?

Maxco offers over 70 trading instruments, including forex, metals, futures, and CFD-stock.

Tradable Instruments	Supported
Forex	✔
Metals	✔
CFD-Stocks	✔
Futures	✔
Cryptocurrencies	❌
Precious Metals	❌
Commodities	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

Maxco provides a real and a demo account. The real account supports trading in US dollars and Indonesian rupiah. Novices can use the demo account, which provides up to $10,000 in virtual funds and is valid for one month, and applies to all trading platforms.

Account Type	Real	Demo
Commission	$1 per lot	-
Leverage	1:500	-
Currency	USD, IDR	-

Maxco Fees

Maxco provides variable spreads. The commission is $1 per lot. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500,meaning that profits and losses are magnified 500 times.

Trading Platform

Maxco has various trading platforms, including WebTrader, which doesn't require the installation of additional software, Trade On Mobile, and MetaTrader 4, which is suitable for use on mobile phones and tablets.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web(Windows)/Mobile(iOS/Android)	Beginners
WebTrader	✔	Web	All
Maxco Apps/Desktop	✔	Mobile/Desktop	All

Deposit and Withdrawal

The minimum deposit is $100. Maxco accepts both Indonesian Rupiah and US Dollar currency types for deposit and withdrawal. The time taken for a deposit to be updated in a trading account depends on the deposit method used and the Account Settings. Funds can be deposited on working days. The withdrawal processing times are carried out on business days only, and traders can make multiple withdrawals before 6:00 PM on working days. Besides, traders can make deposits and withdrawals on the same day, and associated fees are not charged.

Promotion

Maxco provides customers with a variety of promotional activities and rewards. For example, in the trading festival activities, customers can collect tickets by trading on the platform and have the opportunity to win prizes, exclusive electronic products, and shopping vouchers. All new customers can receive a welcome bonus worth 300,000 Indonesian rupiah, which helps new customers reduce costs in the initial stage of trading.

Leverage Commission Currency Pair Broker

Related broker

Regulated

maxco

Company name：PT Maxco Futures

Score

7.11

Website：https://www.maxco.co.id/

2-5 years | Regulated in Indonesia | Derivatives Trading License (AGN) | Forex Trading License (EP)

Score

7.11

Think Forex Support and Resistance Always Work? High-Impact News Can Prove You Wrong!

Forex traders often have to come to terms with these two popular concepts - Support and Resistance. A support level refers to the point where buyers have historically come together to prevent the price from sliding further. On the other hand, the point of resistance is where sellers have historically limited upward movement. These two levels form the foundation of many trading strategies employed by traders to spot entry, exit and stop-loss points. However, many beginners begin to think that these price levels are unbreakable. Such assumptions can go horribly wrong during high-impact economic news releases such as inflation reports, employment data, monetary policy announcements by the central bank or any other major news events. These events can trigger price movements so much that even the strongest support and resistance levels can crack within seconds.

Original 2026-07-10 21:32

Centinary Review 2026: I Earned $496,000, but Was I Able to Receive It? Read This Report!

Centinary, a new age broker, has managed to receive quite a bit of user reviews recently. However, all these reviews accuse the broker of robbing users’ funds. From loss of yuan to dollar, traders have been complaining about the alleged hassles faced while withdrawing funds from the Centinary platform. In this Centinary review article, we will take you through the complaints users have made in 2026.

Original 2026-07-10 19:48

TRANS X MARKETS Review 2026: I Lost as Much as $40K. One of Many Verified User Allegations

This allegation representing fund loss worth $40,000 came from a verified Indian user on a trusted platform such as WikiFX. However, this is not the only allegation from users across India and other regions. Many verified users have complained about the loss of access to withdraw profits from the TRANS X MARKETS platform. At the same time, we came across complaints about the withdrawal issue from the free software provided by the brokerage firm. In this TRANS X MARKETS review, we have examined these allegations while also giving you the company’s regulatory background.

Original 2026-07-09 19:58

5 Warning Signs Your Forex Account is Heading Toward a Margin Call

New to forex trading? Surprised by the margin call from your forex broker? In one moment, you seem to have manageable trades. The next moment, you receive a warning from your broker about inadequate equity to support your open positions. So, if the market movement continues to be on the opposite side of your positions, some or all of your trades may see an unfortunate automatic closure through a stop-out process. However, margin calls do not usually happen without warning. Recognizing the early signs can help traders take corrective measures and avoid a potentially significant loss in their trading accounts. But what are those signs that indicate that a margin call is all but near? Let’s discuss the same here.

Original 2026-07-08 22:11