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Maxitrade broker review

Maxitrade platform — the easiest way to earn money on the cryptocurrency exchange market. MaxiTrade is an unlicensed CFDs broker owned by Strategy One LTD, which is a company with 10 years of experience and has earned the trust of Association of Russian Banks. We were unable to confirm this claim, but we are pretty sure that all our South African readers can find more details in our MaxiTrade review below.

Discover more about the practice of churning here. There are times when it may seem like your broker may be churning your account, but this may not necessarily be the case. If you have https://maxitrade.plus questions about this and feel uneasy about what your advisor is doing with your money, then don’t hesitate to consult a securities attorney or file a complaint on the SEC’s website.

I not only earned good money, but also repulsed the invested funds. Portfolio investment service is ideal for those who do not have time to trade, or who do not know how, but have the capital to do so. All this time that I invest in the company, several managers communicate with me, we have already become so maxitrade.plus friendly that we switched to “you” and plan to meet and relax together this year. Very friendly staff, guys responsive and competent in any matter related to the market and the company. The website does not provide investment services or personal recommendations to clients to trade any financial instrument.

No, it is not safe to trade with MaxiTrade. MaxiTrade is owned by Strategy One Ltd., which is an offshore company registered in St. Vincent and the Grenadine.

It would be more logical if the premium account holders got their plans updated more frequently to reflect changes on the market. In our opinion, pretty useless hook.

Maxitrade broker review

5 Best Latest Trades on Maxitrade

Churning occurs when a broker engages in excessive buying and selling of securities in a customer’s account chiefly to generate commissions that benefit the broker. For churning to occur, the broker must exercise control over the investment decisions in the customer’s account, such as through a formal written discretionary agreement. Frequent in-and-out purchases and sales of securities that don’t appear necessary to fulfill the customer’s investment goals may be evidence of churning.

MaxiTrade Silver Account

Maxi trade is a Cryptocurrency Broker offering Trading services via Web trading platform. Regarding orders execution model, Maxitrade is a b-book broker (market maker). Maxitrade offers trading of cryptocurrencies only. Maxitrade is regulated by the FSA (St. Vincent and the Grenadines).

Luckily for traders, this type of situation is an outlier and not likely to occur. One must remember that trading is usually not a zero-sum game, and brokers primarily make commissions with increased trading volumes. Overall, it is in the best interest of brokers to have long-term clients who trade regularly and thus, sustain capital or make a profit.

  • The analytics includes daily and weekly forecasts, a calendar of financial and economic news, charts and quotes, and quarterly reporting dates for the largest global corporations that influence the financial market.
  • For over 20 years, FIBO Group has been creating better working conditions for traders.
  • Any opinions, news, research, predictions, analyses, prices or other information contained on this website is provided as general market commentary and does not constitute investment advice.
  • They must understand that the broker is not a financial advisor.

The system of account replenishment and profit withdrawal is highly convenient and is made clear to any trader. These actions can be done with credit cards, bank transfers, web-wallets, and the like through well-known global payment systems. Saxo Bank and OANDA have a longer market experience, both of which were founded in the 90s.

Maxitrade broker review

MaxiTrade’s official website is definitely one of note. It boasts of a lot of functions and can be conveniently navigated through. Much like Saxo Bank and OANDA, it offers quite a variety of financial tools.

Forex Calendar and Tools

But after that it was an endless flow of phone calls about to open account again. They said about new liquidity provider and soft but I know what it is really like. Don’t even listen anybody from that company.

Nothing on this website should be considered a recommendation or endorsement. The information on this website is not directed at residents of any country, where such distribution is against local laws or regulation.

Maxi is a dying broker. 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.

Regarding orders execution model, Maxitrade is a b-book broker (market maker). Maxitrade offers trading of cryptocurrencies only. Maxitrade is regulated by the FSA (St. Vincent and the Grenadines).

Maxitrade is a scam broker connected with other brands (Agricole Trade, Aspen Holding, Olympus Markets). We warn you against transfering any money to this broker. Here traders have to be very careful. They must understand that the broker is not a financial advisor.

Maxitrade broker review

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