The brokerage firm offers clients to “conquer the markets” with the help of its services. According to information on the website, the company has been operating for more than 9 years, it has 4 offices in different countries, and more than 3K new clients register an account here every month. Meanwhile, there are no copies of the license and brand registration documents on the platform.
Is it safe for you to trade on this terminal? In our Maxon365 review, we will study the project’s functionality, its legal aspects, and tell you about the advantages and disadvantages of the broker.
How to Trade
The trading platform allows the client to have a diversified portfolio of 6 types of products, including Forex and cryptocurrencies. The broker offers clients:
- 6 tariffs differing in Lot Size and deposit size.
- More than 200 types of assets.
- Contracts for Difference (CFDs).
Traders will not know the size of spreads, commissions, and other trading conditions in advance. The minimum deposit listed in Account Types is $2,500 and in the FAQs is $250. The leverage ranges from 1:1 to 1:1000, which carries a significant risk.
There is analytics in the form of live streaming of prices for popular assets. Communication is possible only through a one-way form in which the user must provide their email address.
Maxon365 Vital Info
The broker started providing services more than 9 years ago, as stated on the website’s homepage. Despite this, the firm does not disclose any details from its history, its founders’ names, and the start date. Agree that such anonymity looks strange for a financial organization. Judging by the domain registration dated March 2024, the project was launched quite recently. In addition, the firm’s registration documents are missing, which cannot refute our guesses.
We also found no information about where this company is based. We checked the brand in the global registry of legal entities and did not find Maxon365 in any country. Accordingly, regulators do not issue licenses to unregistered companies. These factors indicate that the number of clients and the tenure of the intermediary are most likely fictitious.
I want to give good advice to all traders - do not get in touch with this criminal company. These guys from maxon365 have only the appearance of kind and helpful gentlemen. They misappropriated my deposit of £1,300$ in a transaction from my bank card and then wrote in the certificate for the bank holding my card that this transaction was a purchase of goods from them. After that, the crooks blocked my access to my personal account.
I knew that the lack of regulation would let me down, but I still started working with this firm. I deposited 300 euros to test the functionality, and immediately began constant glitches and failures of the platform, I do not know how under such circumstances you can even earn something?!!! I foolishly relied on the honesty of MAXON365 and as a result, I not only lost all my profit but also almost all of my deposit. I decided to close my account quickly and ordered to withdraw the remaining 62 euros. However, it turned out that my withdrawal should not be less than the equivalent of 100 dollars, but I do not have such an amount on my account, in addition, there is a service fee :( I do not know how things are for other MAXON365 clients, but I think that it is not better than mine. I advise you not to repeat my mistakes, as there are many bona fide companies with licenses, with similar trading conditions, so you should look for a more reliable broker.
I have been working with Maxon365 for a short time. However, I lacked trading knowledge, and this greatly affects the result, as I "drained" almost all my deposit. Let me say right away: when I registered my account, my BONUSES were DISABLED, and my deposit is $557.84 at the moment. I have applied for a Withdrawal of the remaining funds: 2024-04-27 в 18:34:11. Today is May 7, 2024, and my application for money is "hanging" with a status of "in progress" (I'm very curious, at what stage?). My attempts to contact my personal manager are not yielding any results. I try to contact the support service, but I also fail - nobody responds to my emails sent to the address: support@maxon365.com (indicated in the broker's letter when I registered my account). What CONCLUSION should I make? It seems that Maxon365 started to play unfair games, I already had a similar situation with a similar project. Now I begin to understand that the withdrawal of MY MONEY is possible only by appealing to the regulator (if this company is regulated at all) - tomorrow I will write a request to determine the location of this company, and if within a week there will be no action from the brokerage organisation, I will be forced to appeal to my bank to carry out the procedure CHARGEBACK.
I am an experienced trader and I am always looking for new reliable investment opportunities. This project seemed promising to me, but I was disappointed by the technical support, which showed a complete inability to provide adequate help and solve the problems of clients, it is unacceptable for a decent company to have such incompetent employees...
I have been trading with mixed success for a little over a month with a maxon365 broker and initially increased my deposit. After I realised that I was not satisfied with this trading, I wrote a request to withdraw my entire deposit to my crypto wallet. The problems started when withdrawing the money, first, the managers demanded that I pay an additional 20%, which is $3,200! I refused and I was immediately banned from maxon365.com :( and the staff stopped replying to my emails. I lost $16,000 with this company because the problems with payouts and such have not been resolved. This is a scam company!!! Although I have dealt with similar dubious firms, but there I was not cheated so cruelly, but here I could not earn profit and I can not withdraw my deposit, this is a blatant scam.
I rate maxon365 positively. In my opinion it is a worthy competitor to many Forex market leaders. Trading conditions here are not worse and in some respects even better than other brokers. The bonus programme is one of the best. The conditions for working off the bonus are feasible. I have no complaints about the technical support. I like the fast depositing and withdrawal procedure, narrow spreads and very fast execution. The platform is managed by artificial intelligence which is definitely a plus. Among the drawbacks I note the lack of translation of the maxon365.com interface into German.