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.
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.
The analytics is excellent at the broker. Trading conditions are quite acceptable, there are good training programs and several trading platforms to choose from. I'm quite satisfied with the broker. Goooooooooooood!!!
An employee of the company told me that I should invest $100k in Maxiwyse and then I would become independent and rich. That's almost exactly what happened, only in reverse. The first deal brought me $2,000 according to his advice, I liked it, but then everything went in the opposite direction - and in two weeks I lost all my money!
The service is a real horror. When I tried to close my position on the platform, their system froze and I lost $3,500. Tech support is useless, no one could give me a clear answer about this incident. There is a total disrespect to customers and their funds.
As soon as I started earning on an uptrend while trading in Maxi Wyse as managers immediately started to customize quotes for me and help me slowly lose my deposit! First -20$, then they let me earn 50 dollars, then another -30$, -50$, -100$, +20$, etc. In fact, I have lost everything I earned and half of my initial deposit. I'm trying to withdraw the rest of my deposit, but the operators asked me to go through identity verification again. I feel like I won't see my money again :(
I can't believe Maxi Wyse did this to their customers. They increased margin requirements without warning and my positions were automatically closed at a loss. I lost almost 30% of my portfolio in one minute :( I had a nervous breakdown... I relied on the stability of the broker, but now I realize that it was my big mistake!
I recently started working with maxiwyse and it was a horrible experience! I was constantly getting calls from the company representatives urging me to invest more money and promising incredible returns. As soon as I invested USD 25,000, my account suddenly froze and the support team disappeared as if they never existed! This is a total scam!
I received an email threat that my account would be blocked if I didn't deposit another $5,000, I immediately contacted a support operator and he told me that this was the broker's policy. Maxiwyse do not act fairly to their customers :(
Offshore crooks who are specially registered on the islands so deceived customers could not find out or recover anything from them. SCAM! Swindlers stole $30,000 from my account! And they continue to deceive people further!
I tried to withdraw my funds in the amount of 1,600 usd, but the broker delayed the process, constantly demanding new documents. After a month of waiting and endless calls to the MaxiWyse support team, the money still hasn't arrived in my account. I feel completely cheated.
The broker blocked my access to the site, the company does not care about its reputation among clients, I never thought that I would fall for such a blatant scammer like Maxiwyse!!! The blocking occurred after I requested to withdraw all my money to the amount of $21,000, it's been 2 months and no response from them, but I have a bunch of calls from "lawyers" who offer to return the money for a fee. These are the same scammers.
I will write a review of my experience. A representative of the company called me on the phone and offered me training in this field. He took my phone number from the site where I was looking for extra income and left his contacts there. Since I had free time and a desire to change something in my life, I agreed. I must admit that MaxiWyse has good experts working for them. They gave me a presentation for free (!), told me how forex works. They provided me with all the necessary materials, I read but did not understand much, then I was transferred to the trading department, my supervisor was John from London. Thank you very much!!! This is a professional, he gave me a master class on technical and fundamental analysis for three days, the technical department taught me how to work with the terminal, and after training I opened a minimum account for 5,000 dollars, and every day I was provided with market reviews and analytics!!! I made 15 percent profit in the first month and I checked my withdrawal, at that moment I was a little worried because the withdrawal took 12 hours...but in the end it was ok. I increased my deposit to 10,000 dollars and more interesting trading started - I was transferred to the expert department and Samantha started working with me. She is an excellent specialist and a very friendly person, I thank her for her efforts and valuable experience. Now I trade by myself on maxiwyse.com, sometimes I get insights from Samantha:) I work on average volumes and make 10-12 percent per month. I am very satisfied with the broker, I withdraw profits of 1,100 - 1,300 dollars every month.
This is just a nightmare! At the moment when I was about to make a big trade, the maxiwyse platform decided to freeze! I found out that I lost 17 thousand US dollars after the terminal came back to working condition! What kind of criminal platform is this!!? The owners of the resource will be responsible for every cent I leak!
I've traded here only for 4 months, I'm satisfied with everything, the spreads are average, and the withdrawal is fast. I advise!
I have been working with this broker for 6 months, but I will be looking for another company. The trading conditions have become unfavorable, I am talking now about the spread and slow order execution. This is an unscrupulous company, I do not recommend trading with this broker. I deposited such a large amount of money, but I did not find good service on MaxiWyse as I expected. I know that most well-known brokers no longer have a minimum deposit of this size, usually you can deposit 5 dollars - and if you can open a position for this amount, then trade. This company sometimes holds promotions and reduces the amount of entry, which I can't understand either. Why does it need to keep some high bar and then lower it? I agree with traders when I read reviews about maxiwyse.com that the deposit policy is strange and outdated.
Very strongly recommend NOT to contact this office, there is no real withdrawal of funds from there! Money will ask you under various pretexts: you urgently need to top up the deposit because of the change of rules, the report will close soon and you will become rich, you need to fund because your account was blocked, you have made risky transactions, etc. I have always been skeptical of such companies, but I do not want to blame all brokers, now I'm talking only about "maxiwyse", which reduced my budget by 6.7K$(!!!), unfortunately. I got experience when I have money in my account, but I can't withdraw it, the broker refuses me under different pretexts... The only thing that consoles me is that the money was not borrowed, and I was ready to lose it from the very beginning of trading here. One more thing outrages me: the managers of this company have enough cynicism to offer me to take a credit card and deposit money from it to the maxiwyse account, and then this debt will be paid back with more than enough! What can I say: God is their judge. DO NOT even think of playing with this broker! One more thing: my deposit was lost after I made it clear that I would not open trades, I told the manager very persistently, because the "analyst" does not understand otherwise. My deposit turned to zero in a couple of days in a strange way, because it was drained after "hacking" my personal cabinet. To the support question: “How is it that everything is encrypted?”, the answer came: I should monitor my data myself. Well, okay, in general, I'm a fool myself. This answer confirmed to me once again that initially it would have been necessary to run away from there. I tried to be correct in this review, I did not use insults to the broker, but I really wanted to! I wish you all the best of luck with your trading. ALL reviews that praise maxiwyse.com are written at the request of the broker, be careful.
This is a stable average broker, which has been on the market for a long time. From the pluses: spreads do not widen (I was most interested in GBPJPY and EURUSD), I did not notice delays in order execution, excellent mobile terminal, but low speed of deposit/withdrawal of funds within 5 days, analytical platform is not the best. Advice to the broker: lower the minimum deposit!!! Yes, there is a promotion in which I started with only 500 euros, but does anyone know about this opportunity?! Only those who are already interested in the company and began to communicate with the manager. And if you come to the site to see what kind of broker it is or start reading reviews about Maxiwyse, you will see the minimum deposit and get scared, like most newbies :)
I have a VIP account and it has lower spreads than competitors, execution of orders without delays. I would like to say a special thank you to the analyst, a person with great endurance and enormous knowledge. I have been working here for almost 2 years, I have no complaints. MaxiWyse does not take commission for withdrawals, there's great analytics. Great broker! I recommend it!