Maxain-Some Important Points about the Broker

WikiFX | 2025-03-18 15:24

Ikhtisar：Maxain was founded by Maxain Group Limited in 2017 in Hong Kong. It is regulated by Labuan FSA. Besides, it provides multiple trading assets, including forex, metals, energy, indices and stock CFDs with spread from 0.0 pips and leverage up to 1:1000 through the MT4 platform.

MaxainReview Summary
Founded	2017
Registered Country/Region	Hong Kong
Regulation	Labuan FSA
Market Instruments	Forex, metals, energy, indices and stock CFDs
Demo Account	✅
Leverage	Up to 1:1000
Spread	From 1.3 pips (Standard account)
Trading Platform	MT4
Min Deposit	$0.01
Customer Support	Live chat, contact form
	Tel: +852 31888975
	Email: support@maxaingroup.com
	Social media: Facebook, LinkedIn, Twitter, Instagram, YouTube
	Address: Workshop 60, 3/F, Block A, East Sun Industrial Centre, No.16 Shing Yip Street, Kowloon, Hong Kong
Regional Restrictions	The United States, Hong Kong, Canada, Haiti, Iran, Suriname, Democratic Peoples Republic of Korea, Puerto Rico, Brazil, occupied areas of Cyprus, Syria, North Korea, and Cuba residents

Maxain was founded by Maxain Group Limited in 2017 in Hong Kong. It is regulated by Labuan FSA. Besides, it provides multiple trading assets, including forex, metals, energy, indices and stock CFDs with spread from 0.0 pips and leverage up to 1:1000 through the MT4 platform.

Pros and Cons

Pros	Cons
Regulated by LFSA	Long list of non-service countries
Multiple trading assets	Slow withdrawal processing time
Tiered live accounts
Demo accounts offered
Flexible leverage ratios
Popular trading platform MT4
Low minimum deposit
Popular payment options
No fees for deposits and withdrawals

Is Maxain Legit?

Regulated Country	Regulated Authority	Current Status	Regulated Entity	License Type	Licensed Number
	Labuan Financial Services Authority (Labuan FSA)	Regulated	Maxain Limited	Straight Through Processing (STP)	MB/23/2017

What Can I Trade on Maxain?

Maxain offers over 100 instruments, including forex, metals, energy, indices and stock CFDs.

Tradable Instruments	Supported
Forex	✔
CFDs	✔
Metals	✔
Energy	✔
Indices	✔
Stocks	✔
Cryptos	❌
Bonds	❌
Options	❌
ETFs	❌

Account Type

Maxain offers three account types: Cent, PRO and ECN. It also offers demo accounts.

Account Type	CENT	PRO	ECN
Min Deposit	$0.01	$1	$10,000
Trading Unit	0.01
Trading Instruments	40+	100+	100+
Max Leverage	1:400	1:1000	1:100
Spread	From 1.3 pips		From 0.0 pips
Commission	$0		$7
Allow EA	✔	✔	✔
Allowing Scalping	✔	✔	✔
Stop Out	50%		100%

Leverage

Maxain's leverage depends on the trading amounts, up to 1:1000. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Net Worth (USD)	MaxLevrage
1-1,000	1:1000
1,000-5,000	1:500
5,000-10,000	1:200
10,000+	1:100

Spread and Commission

Maxain's spreads and commissions also vary by the account types.

Account Type	Spread	Commission
Cent	From 1.3 pips	❌
PRO	From 1.3 pips	❌
ECN	From 0.0 pips	$7

Trading Platform

Maxain provides the world-acclaimed Metatrader 4 platform, popular for its advanced charting tools, user-friendly interface and built-in market analysis. The app version of the platform can be downloaded from Windows desktop, Android and iOS devices, allowing you to trade on the go and never miss any trade changes.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Android and iPhone	Beginners
MT5	❌	/	EXperienced traders

Deposit and Withdrawal

Maxain supports deposit and withdraw via VISA, Mastercard, USDT, Alipay, Wechatpay, Transfer and Unionpay. Besides, there are no fees for deposits and withdrawals. The processing time of withdrawal usually requires 2-3 working days.