MaxiPlus Trade Review: An Analytical Look at Trading Features
MaxiPlus Trade Review: An Analytical Look at Trading Features

While promising a new life if you start trading, MaxiPlus Trade doesn’t offer any guarantees for such a promise. Instead of being regulated and following ESMA, MiFID, and other rules, MaxiPlus Trade broker only talks. As usual, when talking overcomes doing, something has to be wrong.

Read our MaxiPlus Trade review and find out why it’s not recommended to trade with this particular brand.

Broker status: Unregulated
Regulated by: Unlicensed brokerage
Scammers Websites:
Blacklisted as a Scam by: FCA (UK)
Owned by: Seabreeze Partners Ltd
Headquarters Country: Commonwealth of Dominica
Foundation year: 2020
Supported Platforms: Web trader
Minimum Deposit: $250
Cryptocurrencies: Yes
Types of Assets: FX, commodities, indices, shares, cryptocurrencies
Maximum Leverage: 1:300
Free Demo Account: No
Accepts US clients: No

MaxiPlus Trade Regulations and Security

MaxiPlus Trade is owned by the notorious Seabreeze Partners Ltd. If this name sounds familiar, you might have come across other brands such as ProfitAssist, InvestFlow, or Bid Broker Stocks. All of these are blacklisted by at least one Tier1 regulatory body, showing us what kind of a business we are dealing with.

So, since the company is based in the Commonwealth of Dominica and has no regulations whatsoever, we would highly advise you to avoid it.

If you want to start trading, make sure to find a brokerage with a Tier1 license, such as the FCA, ASIC, or BaFin.

FCA Blacklisted MaxiPlus Trade

MaxiPlus Trade Warnings From Financial Regulators

Since we’ve already mentioned that Seabreeze Partners Ltd has been blacklisted in several countries for several different brands, no wonder MaxiPlus Trade is on the list as well. The UK FCA published an official warning, accusing MaxiPlus Trade of being a clone firm of an FCA-regulated company, MAXIS GBN.

Supposedly, broker’s employees tried to convince clients they all operate under the same license as a legitimate company. 

Beware of the MaxiPlus Trade scam, and don’t fall for their well-told story! We also recommend staying away from scammers such as FlexInvest or Global GT.

Fund Withdrawal Issues

Regulated or not, if a broker has been accused of not allowing withdrawals, it means that something is seriously wrong. However, if it has a license, in most cases, the license provider will make sure clients are reimbursed from the compensation fund. Since MaxiPlus Trade is offshore and unregulated, you have no guarantees for your funds.

Nobody could assist with the matter, which led to many complaints by desperate traders trying to get their money back.

If you experience such issues, contact us for assistance with the chargeback procedure.

Traders About MaxiPlus Trade Scam

There are lots of things traders are bothered about when it comes to MaxiPlus Trade. For a start, the company provides only a Web trader that is far from a secure platform. That’s why there are a lot of complaints about funds disappearing from the trading account.

The leverage is also too high, and those used to regulated trading conditions can’t find a proper way to invest when offered up to 1:300 leverage. And, as aforementioned, withdrawals are nearly impossible, which is the biggest issue.

How Does Online Trading Scam Work?

If you’ve ever wondered how people fall for the scam, let us tell you that it’s not as hard. Brokers are constantly coming up with new schemes and new fraudulent techniques. That’s why before starting anything, it’s of utmost importance to check the regulations. Besides, you should know more about the owner, headquarters, and all the relevant facts.

So, if you cannot withdraw your funds or have any sort of issues despite everything, you should report it immediately.

Scammed by MaxiPlus Trade? – Tell Us Your Story

If you were scammed by MaxiPlus Trade or a similar bogus broker, let us know. Book a free consultation with our chargeback specialist and make a thorough plan on how to get your hard-earned money back.

But What Is A Chargeback?

This is a way for your bank to reverse the fraudulent transaction. For further information, contact us via online chat, and let’s start the process. Don’t let scammers run with your funds!

What Is MaxiPlus Trade?

In simple terms, this is an online trading brokerage without a license.

Is MaxiPlus Trade A Scam Broker?

Broker has been blacklisted by the UK FCA and marked as a scam.

Is MaxiPlus Trade Regulated?

No, company is not regulated and provides services illegally.

Unfortunately, many users start reading reviews only after falling victim to scams. We sincerely hope that you are not one of them!
However, if you're here because you suspect that your investment isn't in a safe place, know that you have the right to claim funds back!

Report a Fraud Case & Claim a Refund from Scammers

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