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Maxitrade review

Maxitrade review: regulation (No), minimum deposit 250, leverage up to 1:500, platforms and current bonuses.

Open account
Minimum deposit250
Max. leverage1:500
Spread from0.3 pips
Founded2018

Trading conditions

Broker type
STP/ECN
Minimum deposit
250
Maximum leverage
1:500
Minimum spread
0.3 pips
Platforms
MetaTrader 4
Account currencies
USD,EUR,GBP

Bonuses

No deposit bonus
No
Welcome bonus
Yes
Other promotions
Yes

Accounts and features

Demo account
Yes
Islamic account
Yes
Swap-free
Yes
Mini account
Yes
VIP account
Yes
Managed account
Yes
Segregated funds
No
Hedging and scalping
Yes
News trading
Yes
Mobile trading
Yes
Web trading
Yes

Deposits and withdrawals

Deposit methods
Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.
Withdrawal methods
Credit/Debit Card, Neteller, Skrill, WebMoney, Bank Wire Transfer, etc.

Company

Regulation
No
Founded
2018
Country
SVG
Address
Suite 305 Griffith corporate centre PO Box 1510 Beachmont Kingstown, St. Vincent and the Grenadines
Website languages
English
Phone
+44 203 954 63 08
Email or Skype
[email protected]

Maxitrade pros and cons

Pros

  • Regulated by No
  • Raw spreads from 0.3 pips
  • Scalping and hedging allowed
  • Swap-free Islamic accounts available
  • Free demo account
  • Trading platforms: MetaTrader 4

Cons

  • No no-deposit bonus at the moment
  • Leverage up to 1:500 magnifies losses as well as profits
  • Conditions and bonuses can differ by regulated entity

Maxitrade FAQ

Is Maxitrade a safe and regulated broker?

Maxitrade was founded in 2018 and is regulated by No. Your protection depends on which Maxitrade entity opens your account.

What is the minimum deposit at Maxitrade?

The minimum deposit at Maxitrade is 250. Payment providers may set their own minimum amount.

What is the maximum leverage at Maxitrade?

Maxitrade offers leverage up to 1:500. Regulators in the EU, UK and Australia cap retail leverage lower, usually at 1:30 on major forex pairs.

Does Maxitrade offer a no deposit bonus?

No. Maxitrade does not currently offer a no deposit bonus. It offers a welcome promotion: Yes. See our forex no deposit bonus list for brokers that do.

Which trading platforms does Maxitrade offer?

Maxitrade supports MetaTrader 4. Mobile trading is available.

Does Maxitrade allow scalping, hedging and news trading?

Yes. Scalping and hedging are allowed, and news trading is allowed.

Does Maxitrade offer an Islamic (swap-free) account?

Yes. Maxitrade offers swap-free Islamic accounts with no overnight swap charges.

Risk warning: Forex and CFD trading on margin carries a high level of risk and may not be suitable for all investors. Bonus offers are provided by third-party brokers and can change at any time.

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Full ranking
Maxitrade – NoOpen account