MaxiMarkets
MaxiMarkets: Broker Overview
The MaxiMarkets brand specializes in providing forex broker services and offers access to trading CFDs on a variety of assets including stocks, indices, agricultural commodities, and energy. Clients of the company can also invest in precious metals, cryptocurrencies, and portfolios.
Company History and Regulation
Establishment Date. The exact founding year of the MaxiMarkets brand remains unclear, leading to confusion regarding the commencement of its operations.
Regulation. MaxiMarkets operates in compliance with Russian securities market legislation; however, Maxi Markets Limited does not possess licensing certificates.
Trading Instruments and Platforms
MaxiMarkets provides access to several trading platforms for international market trading, including:
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MetaTrader 4
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MT4 Web Terminal and MT5 Web Terminal
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MetaTrader 5
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MaxiMarkets
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XCritical
The broker offers a diverse range of liquid assets such as currency pairs, stock indices, stocks, precious metals, commodities, and cryptocurrencies.
Trading Conditions
MaxiMarkets presents six types of real accounts – Mini, Standard, Silver, Gold, Platinum, ECN – each with varying conditions and benefits. Minimum deposit amounts and trade volumes differ for each account type.
Education at MaxiMarkets
Clients can access educational resources in the form of webinars, videos, and over 70 trading articles provided by the broker.
Affiliate Programs
MaxiMarkets offers various affiliate programs, including Internet partnership, Representation, and Franchising, for clients seeking passive income opportunities.
Personal Account and Trading Terminal
Registered clients on maximarkets.org gain access to a personal account where they can manage their trading operations and accounts efficiently.
Deposit and Withdrawal Methods
MaxiMarkets supports multiple payment methods including Visa, MasterCard, WebMoney, Yandex.Money, Bitcoin, among others. The broker sets minimum deposit and withdrawal amounts for transactions.
Client Feedback on MaxiMarkets
Reviews of MaxiMarkets predominantly express negative sentiments, with users from various countries highlighting issues and expressing dissatisfaction with the services provided.
This review has been prepared by the specialists at ExpertsReview.
As a beginner in investing, I had a pretty disappointing experience with MaxiMarkets. Firstly, their platform is not very user-friendly, especially for someone who is just starting out. It’s quite complicated to navigate and the lack of educational resources does not help.
Secondly, their customer service is not up to the mark. Whenever I had queries or issues, I found it hard to get in contact with a representative and even when I did, they were either unhelpful or took long to respond.
Moreover, their fees and commissions are quite high compared to other brokers I researched before opting for MaxiMarkets. It became difficult to make significant profits when most of it was going towards paying their charges.
In addition to all this, I’ve noted that there are a lot of negative reviews and complaints online about MaxiMarkets which have raised serious concerns about its legitimacy and trustworthiness.
All these factors have contributed to a disappointing experience overall with MaxiMarkets for me as a beginner investor.