Score

1.50 /10
Danger

MAXIMUS TRADE

Czech Republic

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

D

Add brokers

Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.92

Risk Management Index0.00

Software Index4.00

License Index0.00

Open Account
Website

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

1G

40G

open now

Check whenever you want

Download App for complete information

Warning: Low score, please stay away!
Previous Detection : 2024-12-25
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
MAXIMUS TRADE · Company summary
Aspect Information
Company Name MAXIMUS TRADE
Registered Country/Area United Arab Emirates
Founded Year 2019
Regulation Unregulatory
Minimum Deposit N/A
Maximum Leverage N/A
Spreads N/A
Trading Platforms Web Platform
Tradable Assets Cryptocurrencies, Stocks,Gold & Silver, Petroleum, Indices, Futures
Account Types N/A
Demo Account Unavailable
Customer Support Email, phone and message box
Deposit & Withdrawal N/A
Educational Resources Financial News, Economic Calendar

Overview of MAXIMUS TRADE

MAXIMUS TRADE is a multi-asset brokerage firm that offers trading services in various financial instruments, including cryptocurrencies, stocks, metals, oil, indices, and futures. While the platform boasts a user-friendly interface and diverse investment options, the lack of regulatory oversight raises significant concerns about its legitimacy and the safety of client funds.

The absence of transparent information regarding account types, leverage, and trading fees further adds to the uncertainty surrounding MAXIMUS TRADE. As a measure of prudence, potential clients are urged to tread carefully and perform inclusive research to ascertain the reliability and trustworthiness of this brokerage firm before initiating any business dealings.

Overview of MAXIMUS TRADE

Regulatory Status

MAXIMUS TRADE, incorporated in the United Arab Emirates, operates without regulation from any recognized financial authority. This lack of regulatory oversight is a major red flag for potential traders, as it means there are no safeguards in place to protect client assets or ensure fair trading practices. Engaging with an unregulated broker like MAXIMUS TRADE carries substantial risks, and investors should be aware of the potential consequences before depositing funds.

Pros and Cons

MAXIMUS TRADE stands out for its diverse market instruments, offering a wide array of tradable assets that cater to various investment preferences. The platform's user-friendly interface ensures accessibility for both novice and experienced traders, enhancing the overall trading experience. Additionally, MAXIMUS TRADE provides multiple customer support channels, including phone, email, and an online message box, ensuring clients can easily reach out for assistance when needed.

However, the broker's lack of regulatory oversight raises significant concerns about the safety of client funds and the legitimacy of its operations. Transparency is also an issue, as MAXIMUS TRADE fails to disclose crucial information such as account types, leverage, and trading fees, making it challenging for potential clients to evaluate the platform's suitability. Furthermore, the limited educational resources available may leave novice traders without sufficient support to develop their trading skills effectively.

Pros Cons
Diverse range of trading opportunities MAXIMUS TRADE
User-friendly interface Limited information on account types
Multiple customer support channels Limited information on trading fees
Lack of information about deposit and withdrawal
Limited educational resources

Market Instruments

MAXIMUS TRADE provides a comprehensive range of market instruments, including cryptocurrencies, stocks (actions), gold & silver, petroleum, indices and futures.

Market Instruments
  • Cryptocurrencies: MAXIMUS TRADE provides access to a variety of cryptocurrencies, allowing traders to speculate on the price movements of these digital assets.

  • Stocks (Actions): The platform offers trading in stocks, giving investors exposure to the equity markets and the opportunity to participate in the growth of publicly traded companies.

  • Gold & Silver: MAXIMUS TRADE allows traders to invest in precious metals like gold and silver, which are often considered safe-haven assets during times of economic uncertainty.

  • Petroleum: Traders can speculate on the price of oil, a major global commodity with significant influence on financial markets.

  • Indices: The platform provides access to various stock indices, representing baskets of stocks from different sectors and geographic regions.

  • Futures: MAXIMUS TRADE offers futures contracts, allowing traders to speculate on the future prices of various assets and hedge against potential risks.

Market Instruments

Account Types

The website unfortunately lacks pertinent details regarding account types. For specific information on available accounts, traders should reach out directly to MAXIMUS TRADE for assistance.

Account Opening Process

Opening an account with MAXIMUS TRADE is a straightforward process that can be completed in a few simple steps:

  1. Visit the MAXIMUS TRADE website: Navigate to the MAXIMUS TRADE website using your preferred web browser.

Account Opening Process
  1. Click on “Create Account”: Locate and click the “Create Account” button, usually prominently displayed on the homepage.

  2. Fill out the registration form: Provide your personal details, including name, email address, phone number, and country of residence.

Account Opening Process
  1. Verify your identity: Submit the required documents for identity verification, such as a passport or driver's license.

  2. Fund your account: Deposit funds into your trading account using one of the available payment methods.

Leverage

The website is deficient in information regarding the available leverage options. To obtain further details about the leverage choices offered, traders are advised to communicate directly with MAXIMUS TRADE.

Leverage

Trading Fees

Unfortunately, the website lacks relevant information on spreads and trading fees. To obtain the necessary details, traders should contact MAXIMUS TRADE directly.

Trading Fees

Trading Platform

MAXIMUS TRADE offers a Web Trader platform for its clients. This web-based platform is accessible through any modern web browser, eliminating the need for downloading and installing any software. The Web Trader platform provides traders with essential tools for technical analysis, charting, and order execution.

Trading Platform

Deposit and Withdrawal

No relevant information provided on the website. Traders are advised to contact MAXIMUS TRADE directly for information on available deposit and withdrawal methods, minimum amounts, and processing times.

Customer Support Options

For any inquiries regarding customer support, trading hours, funding accounts, or opening new accounts, MAXIMUS TRADE provides various contact options to assist clients with different needs:

  • Phone: MAXIMUS TRADE offers telephone support for general inquiries at +971 427 834 11.

  • Email: Clients can also contact the customer support team via email. General customer support can be contacted at ATENCIONPERSONALIZADA@MXMTRADE.COM.

  • Message box: Additionally, clients can leave a message on the website using the message box.

Customer Support Options

Educational Resources

  • Financial News: MAXIMUS TRADE provides access to financial news updates, keeping traders informed about market developments and economic events.

Educational Resources
  • Economic Calendar: The platform offers an economic calendar, which lists upcoming economic indicators and events that could impact financial markets.

Educational Resources

However, more comprehensive educational materials, such as videos, FAQ, webinars, or articles, are not available.

Conclusion

MAXIMUS TRADE offers a diverse selection of market instruments and a user-friendly trading platform. However, the lack of regulation, transparency, and comprehensive educational resources raises significant concerns for potential clients. Potential clients are strongly advised to thoroughly assess the risks associated with MAXIMUS TRADE before making any financial commitments.

FAQs

Q: Is MAXIMUS TRADE regulated?

A: No, MAXIMUS TRADE is not regulated by any recognized financial authority.

Q: What trading platform does MAXIMUS TRADE offer?

A: MAXIMUS TRADE offers a Web Trader platform, accessible through any modern web browser.

Q: What types of accounts does MAXIMUS TRADE offer?

A: MAXIMUS TRADE does not disclose information about account types on its website.

User Reviews

More

User comment

0

Comments

Write a review

No comment yet

start to write first comment

2