MaxiMarkets
abstrak：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.
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.
Is MaxiMarkets Legit？
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.
As of now, there are 2 pieces of MaxiMarkets exposure in total. I will briefly introduce them.
Exposure 1. Scam risk
| Classification | Scam |
| Date | 2021-05-03 |
| Post Country | Bangladesh |
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
| Classification | Unable to Withdraw |
| Date | 2023-09-13 |
| Post Country | Kyrgyzstan |
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.
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