MaxFX
Minimum deposit ($)
200.0
Commission
3.0
Accepting US clients?
Swap free accounts
Segregated accounts
Interest on margin
Managed accounts
Accounts for money managers (MAM, PAMM)
One click trading
API
OCO orders
Trading over the phone
Hedging allowed
Trailing stops
Mobile trading
Scalping allowed
Bonuses
Demo Accounts
Web based trading
Contests
Decimals
5
Minimum lot size
0.01
Maximum lot size
100000.0
Spread
Fixed, Variable
Broker type
STP, ECN, NDD, DMA
Maximal leverage (1:?)
500
Phone
+357 25344282
Fax
+357 25352266
Availability
Phone, Chat, Email, FAX
Email
Address
33, Promahon Eleftherias Street,Office 212, Block 1 Ayios Athanasios, Limassol 4103, Cyprus
Regulation
CySEC (Cyprus)
Trading Platforms
MetaTrader 4, cTrader
Funding/Withdrawal methods
Wire Transfer, Credit Card, Debit Card, WebMoney, cashU, Neteller, UnionPay, Skrill
Account Currency
USD, GBP, EUR, CHF, JPY
Languages
English, Greek, Russian, Polish
Country
Cyprus
International offices
Cyprus
Trading platform(s) timezone
(GMT +2:00) South Africa, Jerusalem
Other trading instruments
Indices, Commodities, Shares, CFDs
Member Since Nov 03, 2013
2 posts
Aug 16, 2015 at 06:27
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.
forex_trader_264753
Member Since Jul 25, 2015
20 posts
Aug 16, 2015 at 06:23
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?!
forex_trader_264753
Member Since Jul 25, 2015
20 posts
Aug 10, 2015 at 12:55
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.
Almost killed my microaccount because of that.
Aug 10, 2015 at 10:47
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.
Member Since Mar 27, 2015
34 posts
Aug 10, 2015 at 08:04
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
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
forex_trader_242051
Member Since Apr 15, 2015
55 posts
Aug 08, 2015 at 07:38
(edited Aug 08, 2015 at 07:39)
non sence broker with worst spread = 30 pip and hedge margin = 50%
forex_trader_264753
Member Since Jul 25, 2015
20 posts
Aug 05, 2015 at 14:47
Happy_Trade posted:MaxFX_Broker posted:that is different name 😐
Happy_Trade : Yes, we are fully regulated, please visit: https://maxfx.com/why-maxfx/regulation-and-licensing/
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.
Member Since Jan 22, 2014
7 posts
Aug 04, 2015 at 10:13
MaxFX_Broker posted:that is different name 😐
Happy_Trade : Yes, we are fully regulated, please visit: https://maxfx.com/why-maxfx/regulation-and-licensing/
Member Since Mar 27, 2015
34 posts
Aug 04, 2015 at 09:48
Happy_Trade : Yes, we are fully regulated, please visit: https://maxfx.com/why-maxfx/regulation-and-licensing/
Member Since Jan 22, 2014
7 posts
Aug 03, 2015 at 13:53
it same system with rebate, maxfx regulate ?
forex_trader_242051
Member Since Apr 15, 2015
55 posts
Jul 29, 2015 at 20:42
(edited Jul 29, 2015 at 20:47)
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
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
forex_trader_242051
Member Since Apr 15, 2015
55 posts
Jul 29, 2015 at 20:36
(edited Jul 29, 2015 at 20:38)
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
Jul 26, 2015 at 06:15
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.
forex_trader_242051
Member Since Apr 15, 2015
55 posts
Jul 25, 2015 at 15:42
MaxFX_Broker posted:if I did not Uploaded Documents than whay you DEPOSIT 100$ at account ??
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.
in my cabinet all verified
Jul 25, 2015 at 08:40
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 :(
