Close Newsletter
South Africa newsletter
Signup for the newsletter and keep updated
about the best brokers and auto trading robots.
Exclusive promotion: get a free account

Get a free $10,000 demo account!

Your capital is at risk
Binary Options are prohibited in EEA

MaxiTrade
Rating: Rated with 1 star
Binary Option Programs Award
Min. Deposit
$250
Min. Investment
N/A
Regulated Broker
No

MaxiTrade Broker Review

  1. MaxiTrade

    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. We were unable to confirm this claim, but we are pretty sure that all our South African readers can find more details in our MaxiTrade review below.

    MaxiTrade Special Features

    MaxiTrade offers its users different types of accounts that are sorted by the deposit amount and vary in settings, options, bonuses, quick withdrawals and one on one support availability.

    MaxiTrade Start Account

    • deposit from $250 – $3000
    • introduction to platform
    • bonus up to 50%

    MaxiTrade Silver Account

    • deposit from $3001 – $10000
    • bonus up to 100%
    • education and analysis
    • personal analyst
    • introduction to platform

    MaxiTrade Gold Account

    • deposit $10001 – $50000
    • bonus up to 120%
    • accelerated withdrawals
    • education and analysis
    • intro to platform
    • weekly review of the trading account
    • personal analyst

    MaxiTrade Platinum Account

    • deposit $50001 – $100000
    • bonus up to 120%
    • intro to platform
    • highest priority withdrawal
    • education and analysis
    • weekly review of the trading account
    • quarterly trading plan
    • personal analyst

    MaxiTrade VIP Account

    • deposit from $100000
    • bonus up to 125%
    • intro to platform
    • highest priority withdrawal
    • education and analysis
    • weekly review of the trading account
    • personal analyst
    • quarterly and annual trading plan
    • priority access to the analyst trading sessions
    • real-time trading demonstration
    • VIP hedging tools

    Minimum deposit to use MaxiTrade broker and trade on the financial market is $250. This broker claims that their goal is to become a reliable and recognizable cryptocurrency broker available to every trader at the market. Also, according to the broker, there is no extra fees or any monthly commission to trade with this broker.

    MaxiTrade Trading Software

    What surprised us as we wrote this review is the fact that Maxi Trade broker uses MetaTrader4 as a trading platform. Likewise, there was no other version so this is probably the only way to trade with this broker. Metatrader4 is a globally popular platform where traders can use a large number of options, different graphs, and make a progress.

    Assets that traders can trade on this platform are specific cryptocurrencies like Bitcoin, Bitcoin Cash, Ethereum, Zcash, DASH, IOTA, NEO etc. When you see the crypto options that you can trade on this platform, it seems like a decent setup. 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 Customer Support

    You can contact the MaxiTrade support team by phone, e-mail or via live chat. This is pretty much the standard setup in the Forex world. Along with that options, South African traders are able to use MaxiTrade website in several different languages like Polish, Spanish, Russian, German and Arabic. On MaxiTrade website, traders can use the telephone number listed to contact the support team directly: +44 203 954 63 08.

    Also, there is a Skype support channel with email address: [email protected] If any of our South African readers decide to make a deposit with this broker, we advise you to read all the Terms&Conditions and policies regarding this broker.

    MaxiTrade Payment Options

    There is no exact explanation on the broker’s page that the minimum deposit is $250. However, while going through all the different account types we noticed that the minimum deposit for the start account is $250. The payment methods listed on the broker’s website are Bitcoin, Credit Cards, WebMoney and QIWI. Minimum withdrawal listed on the broker website is $50. Overall, we don’t see this whole setup as a friendly condition, especially for a trading beginner. For this reason, we advise our South African readers to only deposit with regulated and trusted brokers for added security and benefits.

MaxiTrade articles

Other Broker Reviews