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.

The client must provide photos of their documents when registering an account. Maxon365 may share this information with third parties.

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.

FAQ

What are the key facts about Maxon365?

The company claims to have been operating for 9 years but does not disclose information about its registration number, license, and registered address. In addition, the fresh domain of 2024, as well as the absence of financial reports and copies of title documents indicate the short period of the project's operation.

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

Unregistered companies that operate without a license and hide their location usually do not return the initial investment and profits to their customers. In addition, you run the risk of trading CFDs with huge leverage and other non-transparent terms and conditions, including the withdrawal procedure.

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