Profile
This MaxiMarkets review assesses the broker’s regulatory status, platform features, and trading conditions. MaxiMarkets positions itself as a forex and CFD provider for Russian-speaking and international traders. However, it is not licensed by any Tier-1 or Tier-2 financial authority, and its corporate structure raises transparency concerns. The broker offers access to a wide range of instruments and supports the MetaTrader 4 platform, but clients should be cautious due to regulatory gaps.
Regulation and Safety
MaxiMarkets operates through offshore entities and is not regulated by any major financial authority such as the FCA, ASIC, or CySEC. It has previously claimed registration under IFMRRC (International Financial Market Relations Regulation Center), a non-governmental and unrecognised body that does not offer legal protection or enforcement power.
- No Tier-1 or Tier-2 regulatory license
- No compensation scheme (e.g., FSCS or ICF)
- Unverified fund segregation claims
- Minimal public information on ownership or audits
The absence of regulatory protection poses significant risks to client funds and dispute resolution.
Execution Model and Trading Platforms
MaxiMarkets claims to use a hybrid STP/ECN model, though no independent verification is available. The broker supports:
- MetaTrader 4 (MT4): Desktop, mobile, and web versions available
No proprietary trading platforms or FIX API access is advertised. VPS hosting and advanced execution tools are not mentioned on the website.
Markets and Instruments
MaxiMarkets provides trading on over 100 CFD instruments across five asset classes:
- Forex – Majors, minors, and exotics
- Indices – Dow Jones, NASDAQ, DAX, FTSE
- Commodities – Gold, silver, oil, agricultural products
- Cryptocurrencies – BTC, ETH, XRP (CFD format)
- Stocks – US and European company shares
Instrument leverage and spreads vary by account type and asset class.
Accounts, Spreads and Leverage
MaxiMarkets offers multiple account tiers, each with different deposit thresholds and trading conditions:
- Minimum deposit: $500 for Standard accounts
- Spreads: From 2.0 pips on majors (no ECN account advertised)
- Leverage: Up to 1:200 on forex pairs
- Commission: Built into spreads (no per-lot fee stated)
- Stop-out level: 30% (approximate)
Islamic accounts and professional account tiers are not publicly listed. All pricing and execution conditions are broker-defined.
Funding and Base Currencies
MaxiMarkets supports multiple deposit and withdrawal methods:
- Bank transfers
- Visa/Mastercard credit cards
- Skrill, Neteller, and crypto (where available)
Base currencies include USD, EUR, and RUB. Deposit processing is typically instant, while withdrawals can take 3–7 business days. Several user reviews report delays and account verification issues.
Client Protections and Features
- No negative balance protection guaranteed
- No membership in any regulatory compensation fund
- Client portal features basic 2FA authentication
- Unclear policy on dispute handling or risk disclosures
Due to its offshore status and non-recognised licensing, investor safeguards are minimal.
Institutional and Retail Offering
MaxiMarkets is focused solely on retail trading. It does not offer institutional-grade services:
- Retail: MT4, leverage up to 1:200, multilingual support
- Institutional: Not available – no FIX, no white-label, no custom liquidity
Pros
- MT4 platform for web, mobile, and desktop
- Wide range of CFD instruments including crypto
- Multiple deposit options in major currencies
- Multilingual support available
Cons
- Unregulated broker with no legal protection
- High minimum deposit compared to regulated peers
- No ECN or commission-based account transparency
- Client complaints about withdrawals and account handling
Frequently Asked Questions
Is MaxiMarkets regulated?
No, MaxiMarkets is not licensed by any recognised financial regulator.
What is the minimum deposit at MaxiMarkets?
The minimum deposit starts from $500 for a Standard account.
Which platform does MaxiMarkets offer?
MaxiMarkets supports MetaTrader 4 across desktop, mobile, and web.
Can I trade crypto with MaxiMarkets?
Yes, CFDs on cryptocurrencies such as Bitcoin and Ethereum are available.
Does MaxiMarkets offer investor protection?
No, there is no investor compensation scheme or regulatory protection in place.