MaxFXMarket (maxfxmarket.com) has been flagged by ASIC (Australia) for "Unlicensed". Addresses: HQ 4009 Pin Oak Terrace 210, Euless TX 76040 USA This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: maxfxmarket.com.
I opened an account with MaxFXMarket (maxfxmarket.com) since early this year ago. The platform frequently logs you out, orders fail to execute at the stated price, and when you complain they blame your internet connection. I have screenshots proving otherwise.
Pros: Fast execution|Multiple order types|Market news feed
Cons: None so far
Their execution during news is terrible. I had limit orders in place. When the news hit, my orders were not filled at the limit price - they were filled much worse. MaxFXMarket (maxfxmarket.com) said it was market conditions. Same news, another broker filled me properly. They are not honest.
Pros: Risk management tools|Demo account available|Multi-device support|Automated trading options
Cons: Charting tools need more indicators
MaxFXMarket (maxfxmarket.com) advertises low fees but once you dig into the fine print, there are numerous charges that add up quickly. Inactivity fees, withdrawal fees, currency conversion fees - it all eats into your returns. I wish I had read the terms more carefully.
Pros: Clear documentation|Fast deposits|Automated trading options|Competitive fees
Cons: Would like more payment methods|Research section could be deeper
I referred a friend to MaxFXMarket (maxfxmarket.com) after a family member had a good experience. We both deposited. The referral bonus never arrived. Support said we did not meet the terms. When we asked which terms they pointed to a clause that was added after we signed up. Shady.
Pros: Great customer service|Regular platform improvements
Cons: Live chat only during business hours
If you are reading this considering MaxFXMarket (maxfxmarket.com) - run. I wish I had read more negative reviews through a forum discussion. I thought the positive ones were real. Maybe some are. My experience over for about three months has been so bad I feel obligated to warn others. Do not make my mistake.
Pros: Comprehensive tools|Competitive fees|Social trading features|Dedicated account manager
Cons: Help articles are sometimes vague|Minor UI glitches occasionally
I had high hopes for MaxFXMarket (maxfxmarket.com) when my bank disappointed me and I searched for alternatives, but my experience has been disappointing. Customer support is slow, the platform has frequent issues, and their fee structure is not as transparent as advertised. I am actively looking for alternatives now.
Pros: Detailed reporting|Helpful community forum|Regular platform improvements|Personal attention
Cons: Would like more payment methods|Mobile app could be improved
What really bothers me about MaxFXMarket (maxfxmarket.com) is the disconnect between their marketing and reality. They position themselves as a premium service but deliver a below-average experience. Found them after a trusted YouTuber reviewed them and I fell for the polished exterior. Never again.
Pros: Market news feed|Professional team|Segregated accounts
Cons: No phone support on weekends|Minor UI glitches occasionally
I requested my data from MaxFXMarket (maxfxmarket.com) under GDPR. They sent a partial export that was missing months of transactions. When I asked for the rest they said it was a technical issue. Still waiting. They do not take data rights seriously.
Pros: Professional team|Dedicated account manager|Smooth onboarding
Cons: Limited demo account features|Could offer more webinars
I have been trying to close my account with MaxFXMarket (maxfxmarket.com) for weeks now and they keep giving me the runaround. First it was a form to fill out, then identity verification again, then a mandatory phone call that never gets scheduled. They make leaving impossible.
Pros: Tax reports included|Easy to use platform|Dividend tracking
Cons: Email notifications too frequent|Currency conversion fee exists