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

7.16

Website：https://www.maxco.co.id/

5-10 years | Regulated in Indonesia | Derivatives Trading License (AGN) | Forex Trading License (EP)

Score

7.16

Rupee Ends 13 Paise Up at 95.15 After RBI Holds Repo at 5.25%: The Effect of a Weak USD, Cooler Oil

The Indian rupee settled at 95.15 against the US dollar on 5 August 2026, gaining 13 paise after the Reserve Bank of India's Monetary Policy Committee voted 6-0 to keep the repo rate unchanged at 5.25 percent for the third time in a row in FY27. The rupee had opened 46 paise higher, rallied to an intraday strongest of 94.89 ahead of the policy decision, and then drifted back as RBI Governor Sanjay Malhotra noted that the currency 'has not appreciated as intended despite the high flows from foreign shores.' A weak dollar index, a sharp pullback in Brent crude from above USD 100 in July, and net FII equity inflows of Rs 2,447 crore on Tuesday combined to support the rupee. USD-INR is expected to trade in a 94.80-95.50 band in the near term.

Original 2026-08-07 18:43

Errante Review 2026: Users Claim a Poor Trading Experience. What Does Our Investigation Reveal?

Errante, a Seychelles-based brokerage entity, is facing serious trading allegations from users globally. Users claim to have earned profits legitimately using their strategies. However, on the Errante login dashboard, many users reported an automatic deduction of earned profits. At the same time, withdrawal issues allegedly haunt many traders here. While investigating, we also found complaints concerning trade order manipulations by the broker. In this Errante review, we have examined these allegations and given an overview of its regulatory status.

Original 2026-08-06 22:20

Forex Liquidity Provider in 2026: How to Choose One Your Brokerage Can Actually Operate

A forex liquidity provider decision now shapes the broker's spreads, fills, slippage, hedging cost, regulatory exposure, and exit options long after the platform is chosen. This 2026 guide explains what a forex LP actually delivers versus what the marketing claim says, how tier-1 banks, prime of prime, and multi-LP aggregators differ in practice, and how execution models (DMA, ECN, STP) change the broker's daily operating reality. It also walks through due diligence on credit, technology, reporting, governance, and exit, and shows how a 2026 broker can combine a primary LP with secondary routing without losing control of the client experience. Use the decision matrix, integration timeline, and operational tests to compare an fx liquidity provider before contract signature, not after a market event.

Original 2026-08-06 19:44

LMAX Group Review 2026: Users Report Disturbing Withdrawal Issues - Is the Broker Still Reliable?

Did LMAX Group deny you withdrawals citing frozen funds at the wallet service provider’s end? Have you been so exhausted by the endless withdrawal hassles that you have begun to stop investing in the platform? Has this UK-based liquidity provider even questioned your fund ownership status when you requested withdrawals? You are not alone! Many users have complained about these issues while sharing their LMAX Group reviews.

Original 2026-08-05 20:34