MaximusFX is an online financial services provider that offers online brokerage and consulting services. They are based in Saint Vincent and the Grenadines and offer access to several financial markets, including forex, commodities, equities, indices, futures, and CFDs, via the MT4 trading platform whilst providing traders with some useful trading and learning tools as well as a dedicated client support team. They offer multiple account options with competitive trading conditions, including spreads that start from 0.01 pips and leverage of up to 1:1000.
MaximusFX Review Introduction
In this MaximusFX review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support, and broker regulation.
You may also wish to view my best forex brokers based on countless hours that I have spent researching and testing hundreds of brokers, all of which you can see in my forex broker reviews. You can also use my free trading tool to compare forex brokers including MaximusFX.
MaximusFX Platforms & Tools
MaximusFX provides traders with the popular MT4 trading platform. The platform was developed in 2005 by the Russian software company, MetaQuotes, to offer a complete range of trading functionalities in an intuitive interface. It is considered the gold standard amongst forex and CFD traders, and it provides a fully customizable trading environment with quick access to the global markets.
The MT4 platform features a user-friendly interface, multiple indicators, analytical tools, multiple timeframes, and support for automated trading via expert advisors. The MT4 is available as a desktop application for Windows and Mac computers, a WebTrader that can run directly on most modern web browsers, and a mobile app that is designed for Android and iOS devices and can be downloaded from the respective app stores. Some standalone trading tools, such as Economic Calendar, and analytical tools, are made available to enhance the overall trading experience.
MaximusFX Research & Education
Traders also get to benefit from some educational resources, including demo trading, glossary, articles, news, and more. They are aimed at improving their trading skills and knowledge whilst keeping them updated on the latest happenings in the financial markets.
MaximusFX Trading Accounts
Traders are allowed to choose from any of the following trading account options: Mini ($200), Standard ($1,000), and VIP ($25,000) accounts. Islamic accounts are available upon request, while demo accounts are provided for practice purposes.
MaximusFX Account Funding
Bank wire transfer, credit/debit cards, and electronic payment processors are the available payment methods at MaximusFX. Please note that the transaction processing time may vary depending on the payment provider or method.
MaximusFX Customer Service
The broker offers a 24/5 client support team that can be reached via email, Live Chat, or the call-back option on its website.
Maximus FX is registered in Saint Vincent and the Grenadines under the number 21567 IBC 2013 to provide foreign exchange services. However, there is no regulatory information on the broker’s website at the moment.
MaximusFX Review Summary
MaximusFX is an online brokerage firm that allows traders to trade a variety of financial markets using the MT4 trading platform, along with a range of trading tools and educational resources. There is a responsive client support team on hand to assist traders. Clients can choose from a choice of different trading account types with a required minimum deposit of $200, fixed/variable spreads, and leverage of up to 1:1000, whilst a commission of $20 per million is charged on trades. However, there is no regulatory information on the broker’s website at the moment, which could pose a red flag to most potential traders and investors.
It is worth mentioning that some of the trading products and services in this MaximusFX review may differ or not be available to traders in some countries due to regulations. As brokers’ terms can change over time, please verify all information is up to date directly from the MaximusFX broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.