Practice crypto trading with Maxitrade
This Website may contain information in particular regarding financial services and products that could be regarded b a E.U. 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. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider.
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.
At the moment MaxiTrade hasn’t been released for iOS yet, so users have to install MetaTrader 4. This software is available for free in App Store. maxitrade scam You can first create a personal account on MaxiTrade.com, then launch the downloaded app and select the option to connect an existing account.
Every trader is obligated to check the legal status in their respective jurisdiction on their own. 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. 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.
ScamBroker.com is a Broker Reviews Website. How do I get this money back if I have made a few deposits to Maxi trade account under such false intentions. As regards the cost of trading with this broker, it is extremely low – the spread on the EUR/USD is https://maxitrade.space floating around 0.2 pips and no commission applies. In fact, there is no way for MaxiTrade to be profitable, if the spreads are really that low on live accounts. One would expect that the annual plan is the basic one, since in a way offers least value.
Also, according to the broker, there is no extra fees or any monthly commission to trade with this broker. It’s one thing for a broker to give you access to the data and analysis tools to work out your own strategies (in fact, this is one of the signs of a great platform). It’s quite another for that broker to also offer trading advice. After all, with ‘over the counter’ binary options brokers, you are betting against the house; if the ‘house’ is making the trading decisions for you, it’s hardly likely that those decisions will be in your best interests.
Beginners can get valuable information about trading basics, secrets, signals and other things. Professionals can find something interesting for themselves too. For example, MaxiTrade’s experts regularly offer market analysis results.
MaxiTrade Review: Is MaxiTrade a Scam or Legit Broker
Forex trading carries a high level of risk and may not be suitable for all investors. Overall, we don’t see this whole setup as a friendly condition, especially for a trading beginner.
- Much like Saxo Bank and OANDA, it offers quite a variety of financial tools.
- You can get educational materials and individual training programs to become a professional in this sphere.
- The XCritical (Quant ROI Ltd) online platform is a leading product of modern developers, thanks to stable and fast work, as well as a user-friendly interface, the platform is suitable for traders of any level – from beginners to professionals.
- In fact, there is no way for MaxiTrade to be profitable, if the spreads are really that low on live accounts.
- Of course, they offer larger accounts – Silver, Gold, Platinum and VIP, which will require deposits of $3,000, $10,000, $50,000 and $100,000 respectively.
- Students can watch online lessons as many times as they want.
At that time only very few people were ready to risk their money for something like 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.
Step two – start trading!
Non-CySec brands are still free to use them however, so T&C’s must always checked. Here is one binary trading platform that has gone out of business following the series of frauds it has conducted.
Our goal is to provide complex reviews that are based on the real trading experience. Only then can we be sure that a particular broker is cheating.
The XCritical (Quant ROI Ltd) online platform is a leading product of modern developers, thanks to stable and fast work, as well as a user-friendly interface, the platform is suitable for traders of any level – from beginners to professionals. A few years ago people didn’t know a lot about blockchain, cryptocurrencies and anything that is related to the topic.
It’s possible to create a demo account or skip everything and start trading for real. It’s hard to choose a broker that can be trusted.
Moreover, MaxiTrade is not limited to this and provides users with the opportunity to undergo training. At first glance, the comparison of the three companies may be uncalled for, given the considerable difference in industry tenure. Saxo Bank and OANDA are far ahead of MaxiTrade. The first 2 started working back in the 90s, whereas MaxiTrade broker was created only a little more than 10 years ago.
Functional and user-friendly trading platform, which has already become a true helper for both beginners and experienced traders. Now, traders can use all the functionality of a familiar trading platform directly on their smartphones. 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.