Maxon365 (maxon365.com) has been flagged by ASIC (Australia) for "Unlicensed". This company appears in our regulatory warnings database. Always verify with official regulatory sources before investing or doing business with this firm. Website domain: maxon365.com.
Maxon365 (maxon365.com) has no proper customer support. The live chat is a bot. The phone number goes to a call center that cannot access your account. Email takes two weeks. When I had a real problem they were nowhere to be found.
Pros: Excellent charting|Market news feed|Copy trading available
Cons: No integrated tax optimization
The so-called education at Maxon365 (maxon365.com) is just marketing. Every webinar ends with a push to deposit more. The market analysis is generic and often wrong. If you want real education go elsewhere. I wasted for about three months thinking they would help me learn.
Pros: Great customer service|Reliable uptime
Cons: Account statements could be more detailed|None so far
I have been trying to close my account with Maxon365 (maxon365.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: Transparent fees|Clean UI|Multi-device support
Cons: Inactivity fee applies after 12 months
I experienced a security concern with my Maxon365 (maxon365.com) account and reported it immediately. Their response time was inexcusable for a financial platform. It took them four days to acknowledge my report and another week to actually address it.
Pros: Multi-device support|API access|Educational resources|Great customer service
Cons: Search feature is basic
I lost a significant amount because Maxon365 (maxon365.com) did not execute my stop loss during a flash crash. They said the market was illiquid. Other brokers managed to execute. I have no proof they did not trade against me. Avoid.
Pros: Low minimum deposit|Good analytical tools|High security standards
Cons: Limited cryptocurrency options