MAXIFXPRO is a financial platform offering trading products such as forex, precious metals, stock CFDs, commodities, oil, and cryptocurrency CFDs.
According to the official website, it was established in 2007, but a Whois lookup shows that its domain maxifxpro.com was registered on May 6, 2024, which contradicts their claimed founding year.
Company Background
The official website claims it was established in 2007 as a global financial company. However, a Whois lookup reveals that the domain maxifxpro.com was registered on May 6, 2024, clearly conflicting with the company's stated history.
Additionally, the "Website Terms & Conditions" on the platform mention the company entity name as MAXIFXPROCorp Financial Services Pty Ltd, yet on their "Contact us" page, the company name is listed as AxiCorp Financial Services Pty. Ltd., which is the registered entity of the broker Axi. The platform appears to have plagiarized Axi's registration details.
Account Types
The platform offers a variety of account types designed to meet different customer needs. Here are the main account types and their features provided by the platform:
Basic Plan
- Account Opening Fee: Free
- Spread: From 0.4 points
- Commission: None
- Minimum Trade Lot Size: 0.01 lots
- Minimum Deposit Requirement: $1,000 to $1,400
- Leverage: Up to 30:1 for retail clients
- Eligibility: All clients
Advanced Plan
- Account Opening Fee: Free
- Spread: From 0.0 points
- Commission: $7 per round turn per lot
- Minimum Trade Lot Size: 0.01 lots
- Minimum Deposit Requirement: $1,500 to $4,500
- Leverage: Up to 30:1 for retail clients
- Eligibility: All clients
Professional Plan
- Account Opening Fee: Free
- Spread: From 0.0 points
- Commission: $3.50 per round turn per lot
- Minimum Trade Lot Size: 0.01 lots
- Minimum Deposit Requirement: $5,000 to $15,000
- Leverage: Up to 30:1 for retail clients, up to 400:1 for professional clients
- Eligibility: Only for institutional and professional clients
Promo Plan
- Account Opening Fee: Free
- Spread: From 0.4 points
- Commission: $10 per round turn per lot
- Minimum Trade Lot Size: 0.01 lots
- Minimum Deposit Requirement: $300
- Leverage: Up to 30:1 for retail clients
- Eligibility: All clients
Deluxe Plan
- Account Opening Fee: Free
- Spread: From 0.0 points
- Commission: $13 per round turn per lot
- Minimum Trade Lot Size: 0.01 lots
- Minimum Deposit Requirement: $20,000 to $49,999
- Leverage: Up to 30:1 for retail clients
- Eligibility: All clients
VIP Plan
- Account Opening Fee: Free
- Spread: From 0.0 points
- Commission: None
- Minimum Trade Lot Size: 0.01 lots
- Minimum Deposit Requirement: $50,000 and above
- Leverage: Up to 30:1 for retail clients, up to 400:1 for professional clients
- Eligibility: All clients
Trading Software
The official site claims support for using trading software such as MT4, MyFXBook, and Zulutrade. However, investigations reveal that these service providers have not collaborated with the platform, as there are no MAXIFXPRO servers on these platforms.
Deposit and Withdrawal Methods
The platform offers various methods for deposits and withdrawals, including cryptocurrency, credit/debit cards, POLi payments, and bank transfers. Here are the details for each payment method:
Cryptocurrency Payments
- Supported Currencies: BTC, ETH, USDT
- Fees: Free
- Minimum Deposit Requirement: $500
- Withdrawal Time: None
Credit/Debit Card Payments
- Supported Currencies: AED, AUD, NZD
- Fees: Free
- Minimum Deposit Requirement: $500
- Withdrawal Time: None
POLi Payments
- Supported Currencies: AUD
- Fees: Free
- Minimum Deposit Requirement: $500
- Withdrawal Time: None
Bank Transfers
- Supported Currencies: AUD, NZD
- Fees: Free
- Minimum Deposit Requirement: $500
- Withdrawal Time: 1-3 days
Agent Policy
The platform does not provide any collaborative agent policy, making it impossible to offer legitimate cooperative channels for agents.
Educational Resources
The official site shows that it provides investors with free eBooks and trading academy courses as educational resources. However, the platform does not provide additional detailed content or support regarding educational resources.
Regulatory Information
The official site claims that the operating entity MAXIFXPROCorp Financial Services Pty Ltd is regulated by the Australia (ASIC) and New Zealand (FMA).
Upon checking, the registration number and regulatory licenses provided by the official website are identical to those of the broker Axi, and the relevant financial regulatory bodies in Australia and New Zealand have not found registration or regulatory information for the company.
Corporate Staff
The official site does not disclose its team member information, and no corporate staff profiles can be found in public networks, increasing the platform's lack of transparency.
Website Traffic and Design Template
According to Semrush website traffic analysis tools, the MAXIFXPRO website receives an average of less than 100 visits per month, indicating almost no usage of the platform. Notably, the platform uses the same design template as several scam companies (like 24Pro Elitehub, AluCryptos Trade, etc.), suggesting these platforms are mass-produced scam websites.
User Reviews and Brand Exposure
Currently, no user reviews or news about MAXIFXPRO can be found in public networks. This suggests the platform has extremely low exposure in the industry and lacks genuine user feedback.
Contact and Social Media
The contact information provided on the official site includes WhatsApp (+1 (858) 717-1405) and email ([email protected]). However, the platform has not established official accounts on major social media platforms such as LinkedIn, Facebook, Instagram, Twitter, and YouTube, further highlighting its transparency issues.
Risk Report
Based on the available information, MAXIFXPRO has several risk factors that investors should be cautious about:
- Non-Transparent Company Background: The claimed founding time does not match the domain registration time, indicating possible false advertising.
- Uncertain Regulatory Information: Although the platform claims to be regulated by ASIC and FMA, the relevant regulatory information cannot be confirmed through official channels, and the regulatory licenses provided appear very similar to other companies, suggesting possible plagiarism.
- Unclear Payment and Withdrawal Policies: Despite offering various payment methods, some withdrawal information remains unclear, and international bank transfers may incur additional fees.
- Website Design Issues: MAXIFXPRO uses the same template as numerous known scam platforms, and its website traffic is extremely low, suggesting a scam risk.
- Lack of User Feedback and Brand Exposure: There is a lack of feedback from real users, and the platform has almost no recognition in the industry.
- Lack of Agent Policy and Transparent Team Information: The platform has not disclosed its team members and agent policy, lacking credibility and transparency.
In summary, MAXIFXPRO may not be a trustworthy trading platform, and investors should be cautious when choosing this platform to avoid potential fraud risks.
