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MaxFX Review Scores


Overall score: 2.2 / 5

Total votes: 50
Platform
1
Pricing
1
Customer service
1
Features
1
1 - Worst 5 - Best

MaxFX Discussion

34 posts
brianho: We have thousands of traders under our no-deposit bonus offer that are happily trading.

EAs are definitely allowed once you make your initial deposit. Many of our traders are using EAs, leveraging their bonus.

Bdg88: Please contact support, they will be more than happy to provide you with all the information you may require before you deposit.


The MaxFX Support Team
9 posts
I want to make a deposit to redeem free $ 100 and profits but I doubt whether there are people here who share
2 posts
Can't login to MT4 account anymore, was able to make 423,5% profits in about 2,5 weeks. and today my account says Invalid account when I try to log in to MT4 and when I log in on the website it says $0. Emailed them... I write an update in a few days, hopefully I get some awnsers.
20 posts
brianho posted:
brianho posted:
MaxFX_Broker posted:
Please note that EA trading IS ALLOWED on our standard account.

It's only disabled for the no-deposit bonus account holders. You can transfer your account and enable EA's anytime by contacting support.

The MaxFX Support Team

This is very indicative of a broker that trades against you, simply because you do not want people making profits of $1000+ from your no deposit bonus of $100. If you actually routed orders to market, you would not be afraid at all. The $100 bonus is given contingent on the fact that everyone will lose it at some point.

Stay away from this broker.

Wow. MaxFX terminated my broker account after I outed them. Au revoir!

Wow, seriously?

Would like to hear what @MaxFX_Broker has to say about that?!
20 posts
Today i traded the first time USD/CHF with this broker. I have an account with 500:1 leverage and i always just trade 0.01 microlots so the deposit should be 2 units right?! But it is 50 units per microlot for that pair and thats not a leverage of 500 its a leverage of 20:1.

Almost killed my microaccount because of that.
99 posts
MaxFX_Broker posted:
Please note that EA trading IS ALLOWED on our standard account.

It's only disabled for the no-deposit bonus account holders. You can transfer your account and enable EA's anytime by contacting support.

The MaxFX Support Team

This is very indicative of a broker that trades against you, simply because you do not want people making profits of $1000+ from your no deposit bonus of $100. If you actually routed orders to market, you would not be afraid at all. The $100 bonus is given contingent on the fact that everyone will lose it at some point.

Stay away from this broker.
34 posts
Please note that EA trading IS ALLOWED on our standard account.

It's only disabled for the no-deposit bonus account holders. You can transfer your account and enable EA's anytime by contacting support.

The MaxFX Support Team
99 posts
Lousy broker that does not allow EA trading! Only manual trading allowed
55 posts
non sence broker with worst spread = 30 pip and hedge margin = 50%
9 posts
only tried once to no deposit fast server
but unfortunately had to first deposit to withdraw any profits
20 posts
Happy_Trade posted:
MaxFX_Broker posted:
Happy_Trade : Yes, we are fully regulated, please visit: https://maxfx.com/why-maxfx/regulation-and-licensing/
that is different name 😐

Yes, it looks like they are just a client of TopFX and they use the Regulator licence of that company.
The strange thing is that there are no relations to find in the whole wide Internet between these companies. There is btw a second company called Kawase (kawase.com) that says that they are a trading company of HotFX.

Really dubious that both use the CySec licence no. of another Company.

Dont want to say they are a scam or something but its a bit strange.
7 posts
MaxFX_Broker posted:
Happy_Trade : Yes, we are fully regulated, please visit: https://maxfx.com/why-maxfx/regulation-and-licensing/
that is different name 😐
34 posts
Happy_Trade : Yes, we are fully regulated, please visit: https://maxfx.com/why-maxfx/regulation-and-licensing/
7 posts
it same system with rebate, maxfx regulate ?
55 posts
i made +130 % at Bonus account and they transfer it to bonuse - not in balance - all clear ...all good...with their rules for NUBS / not for normal people

This what they calling NO DEPOSIT BONUSE

Never trade at this BROKER. They will eat every dollar that you will invest in them

Such way working scam Dealing center INSTA FOREX - they have rebate system that make you close a lot of orders and they back 50% of spread (from 30 pips)...No one will survive than need to close more lots
55 posts
potandpips posted:
how about some transparency ?

IF YOU WANT TO WiTHDRAW PROFITS YOU MUST

1) DEPOSIT $200
2) TRADE 1 LOT FOR EVERY $2 OF BONUS PROFIT YOU WANT.

EXAMPLE:

i trade the $100 into $500 = $400 profit

i now need to deposit $200 AND trade 1lot for every $2 i want from my $400 profits

some quick maths here

1lot = $2
10lots = $20
100 lots = $200
200lots = $400

i must trade 400 lots + deposit $200 just to get my $400 profit...

lol whatever -> https://maxfx.com/docs/legal/bonus-policy/myfxbook1000/NoDepositBonus.pdf

9. Each completed lot is resulting in crediting 2 USD or equivalent depending on the
base currency of the trading account to client’s balance.

----
1 closed lot =2$ that will remoove into your balance if you will make 200$ depo also!!! Ahaha
minimal depo is 200$ for any client - they need only your deposit . Nothing also
it means that we have to close 100 $ / 2 $ = 50 Lots to have 200$ remoove from credit bonuse to your balance

this is not ECN dealing center - they SPREAD the worst = 30-65 pips at EUR USD
4 posts
All the money taken out. The next time will be cautious.
4 posts
letters a week do not meet, waiting for comments from members of this office have already begun to doubt that my money at all will lead. Myfxbook pay attention to the presented brokers, sometimes the image more money. On Monday, I will write out the relationship or not, just write to withdraw funds.
55 posts
MaxFX_Broker posted:
RoboExpert: If trading is disabled that means that you have not yet supplied your required documents so we can verify your account. As per CySEC Regulation, we need to verify your proof of ID and Proof of address before enabling your account.

Our promotion rewards traders with $50 when they register, and another $50 when their documents get approved.
if I did not Uploaded Documents than whay you DEPOSIT 100$ at account ??

in my cabinet all verified
4 posts
My Account system: 10580 frivolous approach! Faced with a serious problem more than an hour was not possible to close the open orders written 4 ticket, a week has passed, no one answered, and not stop ringing even tried to call them, no one ever picks up the phone, direct the letters also do not respond, is now trying to book money output. Generally cautious. The company has no live chat, there is no feedback via the ticket. More like a SCAMM. About Withdrawal I write separately unless of course withdraw :(
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