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MaxiTrade is a Forex Brokerage Company Respected by Traders – Marketme

MaxiTrade is a Forex Brokerage Company Respected by Traders – Marketme

Maxitrade scummers

All three companies have their own trading platforms. Saxo Bank introduced the SaxoTraderPRO and SaxoTraderGO platforms, OANDA has a platform of the same name, and MaxiTrade provides the opportunity to trade on the xCritical platform and the MaxiTrade trading platform. Platforms of all these companies can be used on a personal computer, tablet, and smartphone. There is also distrust towards broker companies that can artificially inflate market volatility and, as a result, distort market pricing.

With the evolution of manual Binary Options trading to fully automated trading, you should seriously start a new category for fully automated trading. This is where we can rant and rave about automated scams and software that does work. This way we can warn others of software that do not live up to their claims and compare results between the ones that does work. Trendy!

I can’t believe how terrible people…

It is a well-known fact that forex and CFDs trading is becoming more and more popular each year, and because of that significant number of frauds https://maxitrade.online are attracted to it. Cases with scam brokers happen more often than ever, and ruin the reputation of good brokers and the entire industry.

What’s more, at least in their early days, binary options trading platforms tended to operate under the radar of the regulators and from any country over the internet – so it’s hardly surprising that unscrupulous operators seek to take advantage. Thanks to better regulation, a strong online trader community and honest reviews, it’s now a lot easier to tell a scam from a legitimate broker. But as with any international online marketplace, there are still some shady outfits who will leave you with less than you bargained for. So what are red flags to look out for? Here are the points to consider as you go about choosing your binary broker.

Forex Scam Broker Protection

In Israel – where many of the platforms originally appeared to be based – the cabinet last month approved a bill to ban the entire binary options trading industry. He said he had been approached by people who have lost money on dozens of different sites and that Maxitrade cheating new ones appear to be springing up daily. Richard Howlett, a partner at London-based law firm Selachii LLP, has dealt with dozens of cases concerning binary options trading fraud, with victims conned out of anywhere from a few hundred pounds to more than £1m.

There is little recourse for traders to raise a dispute with unregulated brokers, so it is generally advised that you look for trusted binary options brokers – preferably regulated in your own country where possible. “Scam” has become widely used as a term to refer to any form of poor service, but it should be noted that many of these brokers may have done nothing dishonest or illegal, but have attracted higher than normal levels of complaints.

But these operators are unlikely to even bother trading – once you send them money, it is gone and you will not hear from them again (unless they think they can get you to deposit more). Always select your own broker, and always take responsibility for your own trades – dont let someone else trade on your behalf.

Like many others, he can’t afford legal representation. He said fraud perpetrated by certain binary options trading platforms was “possibly the biggest financial scam in the world”. Reviews about the work of Forex brokers may not necessarily be the best source for evaluation.

  • The company boasts of easily accessible training materials and its technical equipment are intuitive.
  • The spread is lower when there are no markups added.
  • MyChargeBack.com are a company who specialise in helping binary fraud victims recover their money.

Traders are provided Forex forecasts both daily and weekly. MaxiTrade’s economic news calendar presents the events of world markets in real time.

If one were to pay close attention to actual constructive criticism, then users would be able to see just how convenient, fast, and efficient the MaxiTrade platform actually works. Also made apparent is the absence of commissions in this company which is similar to OANDA.

With your help, we’ve managed to review hundreds of brokers, signal services, autotraders, robots, and other related products, and will keep doing so. Well-known scam tactics include adding bonuses to traders’ accounts and then refusing any withdrawal request until some enormous (and often unreachable) volume is traded. Another common trick is to trade on clients’ account without their permission and then asking for a new deposit when the balance reaches zero. ThatSucks.com team primary goal is to provide a safe environment for all traders, new or veteran, in which they can find honest, unbiased reviews and information about different CFD, FX, Crypto, and BO brokers.

Among the partners, all brokers are linked to large international financial organizations and banking institutions. Unfortunately, there is no information about the availability of bonuses and promotions available for customers at Saxo Bank and OANDA. MaxiTrade presents a wide variety of bonuses and promotions, both for novice users and for VIP traders. In light of this, MaxiTrade looks a bit preferable in this category. MaxiTrade on the other hand has the widest range of information data.

Traders can always pay close attention to the international Forex market where more than a dozen worthy and recognized companies operate. In choosing the right one, they can consider how some of them behave in the market and what services they offer. Our choice fell on experienced brokers, Saxo Bank, OANDA, and MaxiTrade. With all account types Maxitrade offers welcoming trading bonuses ranging between 50% and 150%.

Maxitrade is an offshore broker! Your investment may be at risk.

We’re proud to be one of the first and only objective websites focused on reviewing Brokers, Robots and trading in general. We’re proud to be copied by hundreds of fake websites who use our good reputation to fish potential clients, just as much as we’re ashamed of their poor judgment. They’re hunting clients using big words like scam or fraud, yet they’ll point naïve traders at all the wrong places.

Maxitrade scummers

Maxitrade scummers