MaxiTrade Review: Is MaxiTrade a Scam or Legit Broker
Access is granted after consulting with the personal analyst that is given by the broker. Even a user that isn’t acquainted with mobile apps will intuitively be able to use the MaxiTrade crypto trading app.
A few years ago people didn’t know a lot about blockchain, cryptocurrencies and anything that is related to the topic. At that time only very few people were ready to risk their money for something like https://maxitrade.reviews Bitcoin. For one dollar it was possible to buy a few hundred coins. Imagine into what did this investment turn in a few years when every coin cost $300, then $1000, and more than $10 000 dollars.
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.
Start with small sums. Calculate the risks before trading. If you don’t have any major experience, then don’t spend all your money on the first trade. Divide it into a few smaller ones.
Those bonuses, however, are linked to some rather tough minimum trade volume requirements, which if not reached, you will have trouble withdrawing your funds. Following a saying that it is never too late to learn, MaxiTrade clients can undergo independent training after reading numerous articles. Technically, MaxiTrade does not lose to the “veterans” of the market.
If you have traded with Maxitrade and believe you have been scammed by them you have a chance to get your money back. Many unregulated brokers have been found to scam traders. At Broker complaint registry it’s our job to make sure you can fight back and get your money refunded. By filling the form you have taken the first step to recover your money. I acknowledge that I received an opportunity for trading with a demo platform and/or study a tutorial and in effect, I have the knowledge of ways to trade and the associated RISKS.
The website also claims the company has been around 10 years and “has earned trust” of Association of Russian Banks and the Association of Regional Banks of Russia. We were unable to verify that.
If there is a need, it is possible to register in MaxiTrade’s trading school where newcomers and amateurs can learn all important aspects about the topic. There is no need to install additional software.
There are american, australian, canadian dollars, euros, zloty, krona and other types available. The idea is to earn on the money exchange course that changes every second. This type of trading can be a good choice for newcomers, as the future course can be partly predicted by reading news. Depending on different situations in the country and world, the price for a certain currency can change.
- The pros of this type of trading are an unlimited supply, high leverage rates, high liquidity and a possibility to easily make a trading plan based on future events.
- Our goal is to provide complex reviews that are based on the real trading experience.
- A broker can inspire confidence among Polish traders by running a website in Polish (with correct translation), an offer of Forex and cryptocurrency based, among others, on on the MetaTrader 4 platform and “encourage” the vision of achieving alleged profits by compatriots.
Try out the demo first
For example, if the provider offers 0.3 pips spread on a pair, the forex broker will add a pip so they make more money. The spread is lower when there are no markups why forex is a scam added. Binary options trading is one of the most rapidly growing financial industry sectors. That’s why the scammers are trying to get in on this market.
Paweł Mosionek An active trader on the Forex market since the 2006 year. Editor of Forex Nawigator portal and editor-in-chief and co-creator of ForexClub.pl. Speaker at the “Focus on Forex” conference at the Warsaw School of Economics, “NetVision” at the Gdańsk University of Technology and “Financial Intelligence” at the University of Gdańsk.
The website does not provide investment services or personal recommendations to clients to trade any financial instrument. Information on FairForexBrokers.com should not be seen as a recommendation to trade CFDs or cryptocurrencies or to be considered as investment advice. This type of behavior is similar to what the old binary options brokers did back in the day and is definitely something to avoid. Accounts start at $250, which is average for the industry but I consider it too high because clients should be allowed to “test the waters” with lower amounts until they get the hang of it or until they are certain they want to commit a larger amount.
It is not, in any way, threatened by bad reviews. OANDA enjoys a solid reputation and has been operating in the market for a good 20 years.
As we see, any type needs analytical skills and some understanding of the market. These can be gained by passing the educational course given by MaxiTrade in the trading school. Additionally, various account types have different benefits. For example, some types offer individual reviews with a professional analyst, creating a trading plan, personal strategy and others. Do not forget that there also are regular promotions of different kinds.
In addition, I have studied and understood the associated risks with the trade in Forex and/or Options (“trading”). Not all brokers and offers are regulated in the United States of America. We don’t recommend, facilitate or encourage trading with products that are not regulated. FairForexBrokers.com does not recommend any forex, crypto and binary brokers or exchanges to US traders besides NADEX, which is licensed by CFTC.