The site is managed by MaxiWyse Ltd. with business number 2601BC2022, which operates in St. Vincent and the Grenadines. Meanwhile, the company does not indicate information about the license and regulators of its financial activities. Despite this, the broker publishes statistics about 4.5 million accounts opened by its clients, including more than 750 VIP clients who entrust the project with their funds. However, these figures are not confirmed by anything. Does the company have such ‌huge popularity? Our review will show how profitable and safe cooperation with this broker will be for you.

How to Trade

MaxiWyse allows clients to open transactions on the proprietary terminal. The company offers access to the market of currencies, indices, stocks, metals, digital currencies, and energies. However, there is no information about liquidity providers, quotes, and margin requirements on the website.

Main parameters of trading services:

  • The tariffs are categorized into 6 regular account types and 1 for VIP clients.
  • Minimum deposit size varies from 5,000 to 1,000,000 USD.
  • Maximum leverage is 1:400 for all account types.

MaxiWyse provides clients with daily analysis, the opportunity to open an Islamic account, as well as the services of personal managers. The company does not say anything about spreads and commission amounts. You can use Visa/MasterCard, cryptocurrency, or bank transfers to deposit and withdraw funds.

The firm refuses to be responsible for clients’ losses and does not give any guarantees for the safety of their funds. Besides, the broker can block your account at its discretion. 

Each user receives analytics tools, strategies, and indicators from MaxiWyse. There is an analytics section on the website, which includes the economic calendar, contract expiration date, and the latest news.

MaxiWyse Vital Info

This offshore broker does not show on its website any data about the age of the company, the names of its managers, or its development history. Agree that this raises a lot of questions. Usually, any successful service tries to tell about itself in detail, based not only on unconfirmed statistics but also on its positive achievements and experience. As for the domain, it was created in March 2022.

We checked MaxiWyse in the legal entity registries and saw that this relatively young brokerage company is indeed registered offshore in St. Vincent and the Grenadines. However, we have serious doubts about the reliability of the information provided on the website regarding the trading turnover and the number of active users. If the platform is so popular in the world and has 4 million users, then why does this company have no more than 120 followers on its social media accounts? So, this information is not entirely true and raises doubts about the integrity of the project owners.


What are the key facts about MaxiWyse?

The unregulated broker is located offshore in St. Vincent and the Grenadines. Brokerage companies registered in this jurisdiction are exempt from licensing requirements. However, an unregulated organization is not allowed to operate in the USA, Turkey, UAE, Germany, and many other countries where its clients mainly reside.

What's the risk to my wallet when working with this broker?

The company is registered in an offshore zone, where the work of such organizations is not controlled. Meanwhile, the activities of the intermediary are not regulated in any jurisdiction, so it is extremely dangerous to deal with it. CFD trading with huge leverage and transactions in cryptocurrencies carry additional risks.

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