In this section we will analyze the broker Maximus Trade (also called mxmtrade.com), is a Forex, Cryptocurrency and CFD broker. Is Maximus Trade really recommended to make an investment? Or is it better not to invest with this company? Is it a safe broker? Is a gotcha? We will help you determine it.
You might be wondering why we review Maximus Trade. It is because we have received some messages from clients asking about the company, and we like to think that our reviews page helps investors, providing key information about the company, we disclose information that every investor should know before leaning or not, for invest with an investment company.
We carry out this review and assessment, due to the fact that we receive different messages and comments asking about the reliability of the company in question.Are you a representative of this company? Leave a comment responding to customer concerns.
Essential information: Who does it belong to? Where is located? Is it a regulated broker?
The broker mentions being part of: COMMERCIAL MAXIMUM - FZE.
As to its location, the broker mentions being based in: Dubai.
If we analyze the regulation of the broker: it does not mention anything about owning regulation, so we believe that it is an unregulated broker.
If now we go on to analyze account types offered by Maximus Trade, we note that they do not offer information about having different types of account.
The platforms to operate that Maximus Trade offers are: XQUOTE platform.
We will now analyze the different resources and aids for traders that Maximus Trade provides on its website. We believe that the resources and help provided on the website can be a point in favor of the broker.
Maximus Trade provides the following aids or resources to traders or stakeholders: explanation of Maximus Trade financial products, some live charts, really not much more than this.
| Other information about Maximus Trade |
Some more information in case you want to contact the company, or see its website for yourself.
Phone number+971 427 834 11
Email address: [email protected]
>>> Assessment on Maximus Trade <<
Ending with this section, in our opinion Do we believe that Maximus Trade company is trustworthy? Should you invest your money with the company?
The truth is that, we believe that it is better to be careful because: it is an unregulated broker, it is based in unsafe countries. We suggest using caution.
We always recommend working only with properly regulated companies, isn't it better to have the protection of a good regulator? Is it worth the risk if there are much safer options to invest?
Update March 2020: According to messages from clients, the broker Maximus Trade is related to the broker MMT Investing Group, a broker with a very negative reputation.
March 2020 update: the CNMV, the Spanish financial regulator, has issued a warning against Maximus Trade.
You have to understand that one of the few measures that really ensure the clients' money is the regulation of the broker, that is, it is probably the most important thing in any broker; THAT IT HAS A GOOD REGULATION, DO NOT BE FOOLED. Good regulation means that there is an authority to which, in case of misunderstandings or problems, customers can complain.
What is your opinion? Have you traded with this broker? Are you a customer? Do you think our opinion is not correct? We invite you to collaborate with us and vote, you can also leave a comment on our website with your experience if you are a client of the broker.
We leave a vote open so that traders, clients and users of the broker can vote.