Is MaxiTradeBoost a legit options trading service?
In order not to fall into the hands of deceivers, carefully read independent reviews of professional traders, their reviews, test reports and personal impressions! Today we will talk about Maxitrade.com (Migtrade Co.). There is no exact explanation on the broker’s page that the minimum deposit is $250. However, while going through all the different account types we noticed that the minimum deposit for the start account is $250.
supervisory authority as an offer of financial services targeted in Europe. ESMA intervention measures do not apply to customers of Market solutions Ltd and it is your responsibility to choose a company which is most suitable for your trading needs. We advise you before any investment in trading to take your time to choose a broker.
However, we need to tell that the trading conditions are not that great for South African traders. Spreads with this broker are really high and commissions are huge. What surprised us as we wrote this review is the fact that Maxi Trade broker uses MetaTrader4 as a trading platform. Likewise, there was no other version so this is probably the only way to trade with this broker.
I want to draw your attention to the fact that Maxitrade broker offers unique bonus conditions . Turnover requirement is 5 times of the bonus amount only! You can remove bonus from trading account at any time without any restrictions!
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).
One cannot really predict that far in the future to have a bulletproof trading plan. 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. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Spreads are huge and commissions very high. It pays much more to trade with a broker such as IQoption, which offer all these on a regulated platform, which, however, is not MT4. Here traders have to be very careful.
This broker claims that their goal is to become a reliable and recognizable cryptocurrency broker available to every trader at the market. Also, according to the broker, there is no extra fees or any monthly commission to trade with this broker. This is a pretty decent setup, however, the trading conditions are terrible.
MaxiTrade offers several types of accounts that offer various services depending on the size of the deposit. The logic is that the customers who deposit higher amounts to trade with the broker also get preferential treatment. Perks range from bonuses, faster withdrawals and analyst support.
Along with this theres a phone number traders can dial to get in touch. In order to withdraw money from the broker, the turnover targets need to be reached. If the bonus accepted was up to $10,000, the turnover target (volume traded) was 10,000,000 or 1000x. This is insane,in the heyday of binary options, worst turnover minimums were around 30x. Forex trading carries a high level of risk and may not be suitable for all investors.
- There is no exact explanation on the broker’s page that the minimum deposit is $250.
- This broker offers a binary option that is banned from Europe.
- And I say “surprisingly” because this broker is very new, not because they are so good that I wouldn’t expect to see any complaints.
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Leave your email address to receive notifications about new reviews and posts concerning Maxitrade. MaxiTrade offers its users different types of accounts that are sorted by the deposit amount and vary in settings, options, bonuses, quick withdrawals and one on one support availability. CFDs and cryptocurrency trading entails significant risks and there is a chance that potential clients lose all of their invested money. MaxiTrade has skype, live chat and email contacts listed.
Maxitrade.com is a reliable, regulated broker in Europe. Confirming information can be found on the broker’s website in the “About the Company” section. Forex, https://maxitrade.space CFDs and Binary Options carry a high level of risk. Maxitrade is a scam broker connected with other brands (Agricole Trade, Aspen Holding, Olympus Markets).
THE MOST TRUSTED FOREX BROKERS
Maxitrade.com occupies high positions in the leading ratings of brokers. One of the main characteristics maxitrade lie of this broker is its availability for both beginners and experienced traders.
We advise all investors and traders to avoid MaxiTrade and other brokers from St. Vincent and the Grenadines. Traders should trade with well-regulated brokers such as UK brokers or brokers in Australia and reliable brokers such as AvaTrade and Plus500. St. Vincent and the Grenadines is notorious for its practically absent requirements and regulations. Due to the setup cost is low and it does not regulate forex trading.
Metatrader4 is a globally popular platform where traders can use a large number of options, different graphs, and make a progress. Minimum deposit to use MaxiTrade broker and trade on the financial market is $250.