Maxi O
Information about Forex Pro Brokerage Firm
A Brief Overview of Maxi O
Established in 2018, “Forex Pro” prides itself on its extensive experience in the financial market. As a broker, the company specializes in providing access to the Forex market and CFD contracts.
For inquiries and assistance, “Forex Pro” can be reached via email, online form, or by phone at +12657642310. The registered address at 88843 Daniel Garden Apt. 629 South Erikmouth, TN 87590-1884 is provided, though determining jurisdiction based on this address may pose challenges.
On the footer of the main webpage, the company displays information regarding its licenses from three countries: Cyprus, Belize, and Mauritius. While the document numbers are disclosed, the actual licenses themselves are not prominently featured.
Trading Options and Platform at Forex Pro
The broker boasts a diverse range of over 200 trading instruments, categorized into currency pairs, decentralized currencies, stocks, indices, and precious metals. Traders are offered a single platform option, the Maxi O terminal, known for its innovative features.
Account Types at Forex Pro
At “Forex Pro,” clients can choose from three distinct account types, with no explicit mention of a demo account.
- Basic Account: With a minimum entry threshold of $150, this account allows trading with leverage up to 1:100. However, the selection of available trading instruments is somewhat limited.
- Standard Account: Starting at $1,000, this account offers leverage up to 1:500, access to a wider range of assets, and the option to invest in PAMM accounts.
- VIP Account: Considered the premium account option, requiring a minimum investment of $10,000. This account provides extensive capabilities, a wide array of trading assets, and assigns a personal manager to each client.
Deposits and Withdrawals at Forex Pro
Information regarding account funding and withdrawals may lack clarity on the forex-pro.com website, as there is no dedicated section for payment systems or FAQs.
Notably, withdrawal requests must be submitted through the personal account on Forex Pro’s platform by completing a designated form. Withdrawals are processed manually and necessitate verification and confirmation by the company.
Final Thoughts
While “Forex Pro” presents a compelling offering, there are certain uncertainties surrounding the disclosure of licenses and regulatory information. Additionally, clarity on withdrawal procedures and other critical details could be improved. It is advisable to seek guidance from independent financial experts to ensure the selection of a trustworthy brokerage firm.
This review has been prepared by the specialists at ExpertsReview.
I have some reservations about Maxi O’s reliability as a broker. His performance has been inconsistent, and there have been occurrences where he had failed to promptly respond to client inquiries. Furthermore, there have been complaints about lack of transparency about his commission rates. This raises questions about his integrity and trustworthiness.