MaxFX review conducted by the team of ForexSQ.com for those who want to know all about the MaxFX.com broker. In 2011, it was established and it is a European online broker. MaxFX operated and owned and operated by means of TopFX Ltd, registered as a CIF or Cyprus Investment Firm. It is regulated and licensed via the Cyprus Securities and Exchange Commission (CySEC), the company promptly established itself as an important broker and nowadays it provides reliable and safe trading chances across a range of commodities and currencies.
MaxFX Forex Broker
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When you are considering for a Forex broker, it pays to select one that possesses nothing hidden. The broker isn’t this type of brokers. You can take a look at their website and the whole thing you need to identify is there for you to read. To save you a few times, and provide you some basic details.
The name behind MaxFX, TOPFX Ltd is presented, and it is a financial services’ provider regulated and licensed by CySEC. It as well works within the guidelines set off in MiFID, and to operate in other EU countries it holds a passport agreement.
MaxFX provides two types of trading platform to its customers: MetaTrader 4 (MT4) and cTrader.
The broker supports the prevalent MT4 trading platform, mobile and desktop versions presented. Metatrader4 is the favoured choice of platform of utmost knowledgeable traders, because it is well-appointed with a number of technical indicators, an innovative charting package, wide back-testing environment and Expert Advisors (EA).
CTrader is an award-winning ECN multi-asset trading platform, delivering fast execution speeds and fast order entry, direct order entry through Level II pricing and charts. This cTrader platforms suite contains a PC, mobile and web versions, as well as Spotware’s mirror, cMirror & social trading application.
It offers a single type of trading account. This account has a necessity for a minimum deposit of USD 500, provides tight spreads and a select of 2 prevalent trading platforms.
Also, there are Islamic or swap-free accounts are presented to Muslim depositors.
VIP service is also presented to large-volume dealers with greater deposits.
Deposits and withdrawals
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The deposits methods at MaxFX presented through: Credit/debit card, UnionPay (for Chinese customers), Webmoney, Neteller, Skrill and Bank Wire
And the Deposit Currencies a EUR, USD, JPY, GBP and CHF. In the broker member area zone you can also deposit into your account.
For the process of Withdrawal traders must be verified. To verify account, you must provide copies of the Proof of Identity, Proof of Residence documents.
MaxFX Review Conclusion
In this MaxFX review we found that, it is a well-regulated and reliable STP broker, providing trade in currency pairs, precious metals and CFDs through 2 of the most prevalent platforms.
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