MaxCFD is an unlicensed CFD trading broker that was founded in 2017. They are now closed!
MaxCFD is owned and operated by Chemi Holdings Limited which is located at: 2nd Floor, 1-2 Broadgate, London, Greater London, EC2M 2QS, United Kingdom. Contact phone number in England is: +44 208 068 9432, and customer support email address is: [email protected].
For complaints and withdrawal problems read this.
This Broker is NOT Licensed… First Look At The Best Regulated Brokers!
MaxCFD Review
Investors at MaxCFD will find the new SpotOption 5.0 web-based CFD trading platform which offers more than 100 underlying assets to trade. The software is extremely easy to use and simple for new traders. You can select the leverage amount you would like to use, your Stop Loss, and a Take Profits amount.
All major and minor currency pairs are available, plus you can trade CFDs on Commodities like Gold and Silver, Market Indices, Individual Stocks like Baidu, Twitter, FedEx and Twitter. The minimum trade size is $25, and the minimum needed to start trading is $250.
MaxCFD License Check
During our review of MaxCFD, we did not see a license. On February 20th 2018, the FCA in United Kingdom issued a warning about this broker, see here.
Scam Broker Investigator reviews hundreds of Forex, Binary Options and CFD brokers to see if they are a legitimate brokers or a scam brokers. The one thing we check to see is if the broker is licensed and regulated by FCA, ASIC or FSB. Using a licensed broker means that your funds are usually insured by the government regulator, and they are held in segregated accounts at Tier 1 banks.
If you are interested in investing with a licensed forex brokers, look at the current list of regulated brokers, look here.
Compare The Best Brokers
It is very common for most investors, to have multiple trading accounts at a variety of brokers. Here are some of the popular brokers today;
ForTrade is the best broker for new investors to start with. They are a legitimate broker, that is regulated by the FCA & ASIC, look here. Try a Free Demo Account, on their awesome trading platform, signup here.
Are you currently investing in CFD’s with this broker? What was your experience, and are they a good broker? Please leave your review in the comment section below.