Score

1.48 /10
Danger

MaxiMarkets

Marshall Islands

2-5 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

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Comparison

Quantity 2

Exposure

Open Account
Website

Score

Regulatory Index0.00

Business Index6.73

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

Broker Information

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Company Name

Maxi Markets Limited

Company Abbreviation

MaxiMarkets

Platform registered country and region

Marshall Islands

Company website

Company summary

Pyramid scheme complaint

Expose

Check whenever you want

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Warning: Low score, please stay away!
Previous Detection : 2024-12-23
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

Pyramid scheme complaint
Expose
MaxiMarkets · Company summary

Note: MaxiMarkets's official website: https://en.maximarkets.info/ is currently inaccessible normally.

MaxiMarkets Information

MaxiMarkets, founded in 2013, is an unregulated brokerage company registered in Marshall Islands. We have screenshots of its website on WikiFX. However, the language is Russian.

MaxiMarkets' homepage

Is MaxiMarkets Legit?

No license

MaxiMarkets currently lacks valid regulation. This means that the broker is not a safe forex broker and you may encounter fraud. We recommend that you look for a regulated broker as an option.

Downsides of MaxiMarkets

  • Unavailable Website

MaxiMarkets's official website is currently inaccessible. We can not get first-hand information from its website.

  • Lack of Transparency

We can not find any useful information about MaxiMarkets online. Its safety and legitimacy cannot be verified.

  • Regulatory Concerns

MaxiMarkets currently operates without valid regulation. Its safety and legitimacy are doubtful.

  • Withdrawal Difficulty

According to an exposure on WikiFX, a user encountered difficulties with fund withdrawals.

  • Scam Risk

According to an exposure on WikiFX, people are calling this broker a scam.

Negative MaxiMarkets Reviews on WikiFX

On WikiFX, “Exposure” is posted as a word of mouth received from users.

Traders are encouraged to review information and assess risks before trading on unregulated platforms. Please consult our platform for related details. Report fraudulent brokers in our Exposure section and our team will work to resolve any issues you encounter.

Negative MaxiMarkets Reviews on WikiFX

As of now, there are 2 pieces of MaxiMarkets exposure in total. I will briefly introduce them.

Exposure 1. Scam risk

ClassificationScam
Date2021-05-03
Post CountryBangladesh

The user said that people were calling this broker a scam. You may visit: https://www.wikifx.com/en/comments/detail/202105023972343171.html

Exposure 2. Cannot withdraw

ClassificationUnable to Withdraw
Date2023-09-13
Post CountryKyrgyzstan

The user said that the company set the conditions that he could withdraw money only after working out 100 lots. However, they opened only 3 orders which lost the entire deposit in three days. And now his account has minus 275 dollars. You may visit: https://www.wikifx.com/en/comments/detail/202309129682300291.html

Conclusion

MaxiMarkets is exposed by some users as a scam. Withdrawal is difficult at this company. There are no laws protecting clients' funds. Thus, we advise clients to choose regulated brokers with transparent operations instead.

User Reviews

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User comment

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Comments

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international J
more than one year
I recommend this broker because they are quite versatile and accommodate most traders. Besides Mt4 and Mt5, this broker also offers a Web Trader with most of the necessary charting tools. And also, they offer good customer support and really helpful educational videos. I am very happy with MaxiMarkets.
I recommend this broker because they are quite versatile and accommodate most traders. Besides Mt4 and Mt5, this broker also offers a Web Trader with most of the necessary charting tools. And also, they offer good customer support and really helpful educational videos. I am very happy with MaxiMarkets.
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2023-03-16 11:56
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