Choosing an online trading platform: MaxiMarkets

The modern world financial market is hard to imagine without one of its most interesting segments – online trading. Even the fact that there are a lot of swindlers among the real participants of the “retail” trades, who only call themselves brokers, and in fact are engaged in deceiving gullible traders, does not stop those who want to make money using the Internet.

The field of activity presented is associated with a high risk of losing your savings, but the statement that online trading is a 100% scam is not true. Many traders earn decent amounts by working in this direction. What determines the success of such projects? First of all, from the broker you have chosen to gain access to the financial markets. In order not to become a victim of scammers, it is necessary, before opening a trading account on the platform that interests you, carefully examine a potential partner. Consider how this is done on the example of the famous company MaxiMarkets.

Characteristics of the main indicators of the brokerage firm MaxiMarkets

This online platform has been a regular participant in the global financial market for about 10 years (in 2009, the creators of the resource provided their customers with the opportunity to quickly register an account and start implementing promising projects by buying / selling financial assets). The predecessor of the company in question is the famous European broker – Maxi Forex. This service is registered on the islands of Saint Vincent and the Grenadines, and its head office is located in London.

The list of positive indicators of broker activity includes:

• The resource administration guarantees its customers complete anonymity and an individual approach to each trader.

• There are no hidden fees, incomprehensible debiting of funds from trading accounts and the need to pay for services that you did not order.

• Partner programs MaxiMarkets allow you to earn good money, even if you do not have the necessary experience and knowledge.

• Traders have the ability to open / close trades over the telephone.

• Using MaxiMarkets application, broker clients can make financial transactions using modern mobile devices.

• The only fee that is charged to resource users is the fee for the transfer of leverage the next day, and the main source of profit for the broker is the spread.

The above factors are of interest to traders who are looking for trading platforms with the best conditions for cooperation, but this is not enough to make a final decision whether to register a login with MaxiMarkets or it makes sense to continue the search. To answer this question, we will continue to study the presented broker company.

Security at MaxiMarkets

To begin with, the company’s head office in London and its representative offices in different countries of the world can be considered proof of the decency and reliability of MaxiMarkets. The connoisseurs who specialize in fraudulent schemes in this field do not like to show their “face”.

The use of the latest equipment and software, as well as a team of highly qualified specialists, reliably protect deposits and personal information of traders from detractors. In addition, the company’s employees must call back their customers, both during the registration of the profile and to obtain confirmation of the trader’s desire to withdraw money from his trading account. The most cautious users can insure their deposit (compensation for losses up to 100% of the insured amount).

MaxiMarkets Regulator

The biggest drawback of the broker is the lack of a license (permission) from well-known regulators in this field of activity. Unfortunately, the fact that the presented company cooperates with organizations such as The Financial Commission does not compensate for the lack of a regulator endowed with relevant powers (dispute resolution, legal support for traders, control over the fulfillment of obligations, etc.).

Training at MaxiMarkets

The creators of the resource paid a lot of attention to educating their potential customers. Almost everyone can get all the necessary information so that without preliminary preparation (without having the slightest idea about Forex and online trading) to engage in buying / selling financial assets and earn good money from it.

For training beginners apply:

    • Dictionaries of terms.

    • Educational articles about Forex and currency transactions.

    • Answers to questions on this topic.

    • Webinars.

    • Examples of various strategies with error analysis.

Beginners are given the opportunity to copy trades of professional traders and get training, using the support of a personal manager.

Experienced traders can significantly increase their income by correctly using the analytical information provided in the appropriate section of the web resource. This financial calendar, and reporting of large companies, as well as the latest economic news, charts and quotes.

After studying the theory, experienced traders recommend opening a demo account at MaxiMarkets to complete the practical part of the training program (this will allow you to save your personal savings and see how financial transactions are carried out in real time).

Rules of trading at MaxiMarkets

The creators of the company offer their customers to use the worldwide trading platform MetaTrader 4, an online platform or their own development, to work on the site. In addition to the training account, the following accounts are provided on the official web resource of the broker:

    • Golden.

    • Platinum.

    • Silver.

    • Standard.

    • Mini.

Additionally, traders can use a special ECN account, which allows users to work in areas where a conflict of interest between a broker and his clients is excluded. Some reviews prepared about MaxiMarkets contain recommendations to use this system, which, according to the authors, increases your chances of winning.

What opportunities does a trader get by choosing one of the above accounts?

The conclusion is quite predictable, the more you deposit money into your account, the more opportunities you get on the broker’s website.

General trading conditions at MaxiMarkets

Based on the reviews prepared on MaxiMarkets, it can be concluded that most traders consider the resource in question to be qualitative, in almost all key characteristics.

    • The first minimum deposit is $ 500.

    • Spreads – from 1.4.

    • The minimum transaction is 0.1.

    • Account currencies – dollars and euros.

    • Contests and bonuses – there is.

    • Affiliate program – provided.

    • Leverage – 1: 400.

MaxiMarkets Deposit and withdrawal

    • Yandex money.

    • QIWI.

    • Moneybookers.

    • WebMoney.

    • Western Union.

    • Popular cryptocurrencies.

    • Transfers of financial institutions.

    • Plastic cards.

MaxiMarkets Trading Instruments

In addition to currency transactions (both with fiat money and crypto coins), resource users can make transactions with precious metals and CFD contracts (indices, stocks, raw materials and other goods).