MaxGlobalFx
Ikhtisar：MaxGlobalFx, a trading platform that offers MT4, has raised concerns regarding its regulatory status and accessibility. It is worth noting that MaxGlobalFx currently operates without a valid regulation or oversight from a government or financial authority. This lack of regulatory supervision can pose potential risks and uncertainties for investors. Additionally, the inaccessibility of MaxGlobalFx's official website raises further questions about the platform's credibility and transparency.
Note: MaxGlobalFxs official website: https://maxglobal-asia.com/ is currently inaccessible normally.
| MaxGlobalFx Review Summary | |
| Founded | 2019 |
| Registered Country/Region | Saint Vincent and the Grenadines| |
| Regulation | Not regulated |
| Market Instruments | 35+ currency pairs, 4 cryptocurrencies, 25+ CFDs (gold, silver, oil, stocks, stock indices, commodities) |
| Demo Account | / |
| Leverage | Up to 1:500 |
| Spread | EUR/USD: From 1.1 pips |
| Trading Platform | MetaTrader 4 (MT4) |
| Min Deposit | $1 |
| Customer Support | (+1) 6613102107 |
| admin@maxglobalfx.com | |
MaxGlobalFx Information
Founded in 2019, MaxGlobalFx is based in Saint Vincent and the Grenadines. Because it is unregulated, traders may be at danger. Through the MT4 platform, the broker offers a variety of trading instruments, such as FX, CFDs, and cryptocurrencies.
Pros and Cons
| Pros | Cons |
| Low minimum deposit starting at $1 | Not regulated |
| Access to 35+ currency pairs and CFDs | Limited information about fees |
| Supports MT4 for desktop and mobile trading | Limited cryptocurrency options |
Is MaxGlobalFx Legit?
It has been verified that MaxGlobalFx currently holds no valid regulation, increasing the risk for potential traders or investors.
The domain maxglobalfx.com was registered on May 30, 2016, with a stated expiration date of May 30, 2025.
What Can I Trade on MaxGlobalFx?
By providing access to a wide range of tradable instruments, MaxGlobalFx enables traders to diversify their holdings.
| Tradable Instruments | Supported |
| Forex | ✔ |
| Commodities | ✔ |
| Cryptocurrencies | ✔ |
| CFDs | ✔ |
| Indices | ✔ |
| Stocks | ✔ |
| ETFs | ❌ |
Account Types
Three active account kinds are available from MaxGlobalFx: MICRO, MINI, and STANDARD. There is no specific mention of demo or Islamic accounts.
| Feature | MICRO | MINI | STANDARD |
| Minimum Deposit | $1 | $10 | $100 |
| Leverage | Up to 1:500 | Up to 1:500 | Up to 1:500 |
| Commission | None | None | None |
| Spread Type | Variable | Variable | Variable |
| Suitable for | Beginners | Intermediate | Advanced traders |
Leverage
With leverage of up to 1:500, MaxGlobalFx allows traders to manage larger bets with less money. This raises the possibility of suffering large losses even while it can improve earnings.
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for what kind of traders |
| MT4 | ✔ | Desktop, iOS, Android | Advanced traders, automated and manual trading |
Deposit and Withdrawal
No clear details on deposit or withdrawal fees. Depending on the kind of account, the minimum deposit starts at $1.
Deposit Options
| Deposit Options | Min. Deposit | Fees | Processing Time |
| Bank Transfer | $1 | None | 1-3 Business Days |
| VISA/MasterCard | $1 | None | Instant |
| Bitcoin | $1 | None | Varies |
Withdrawal Options
| Withdrawal Options | Min. Withdrawal | Fees | Processing Time |
| Bank Transfer | Not specified | None | 1-3 Business Days |
| VISA/MasterCard | Not specified | None | Instant |
| Bitcoin | Not specified | None | Varies |
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