Maxearningtrades is a CFD broker with a domain registered on November 3, 2023. The broker primarily offers investment services in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not provide services in countries or regions where doing so would violate local laws or regulations.
Company Registration and Regulatory Status
Information publicly available on Maxearningtrades' official site (www.maxearningtrades.live) indicates that the broker was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). Nevertheless, the broker has not disclosed any company registration details or comprehensive regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) has no records of a company named “Maxearningtrades” being regulated.
Therefore, Maxearningtrades (www.maxearningtrades.live) is essentially a fraudulent broker website without any registered company or regulatory oversight.
Account Opening Process
To open a trading account with Maxearningtrades, visit their official website, click on the "Open Account" button on the homepage or the "SIGN UP" button in the top right corner. Fill in the required personal information, such as your name and email address, set a password, and submit. After verifying your account, the registration will be successful.
Trading Instruments:
Maxearningtrades provides a variety of trading products, including forex, indices, commodities, stocks, and cryptocurrencies.
- Forex: Forex trading involves the exchange of different currencies, known for its high liquidity, allowing traders to profit from currency fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks, offering diverse opportunities and high leverage.
- Commodities: Commodity trading covers key resources in the global market, enabling traders to buy and sell raw materials like metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to profit from public companies' share price fluctuations and dividends without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers opportunities for digital currency enthusiasts to profit from highly volatile assets.
Investment Plans
Maxearningtrades provides four types of investment plans: STARTER ACCOUNT, CLASSIC ACCOUNT, PLATINUM, and FOREX SIGNALS.
STARTER ACCOUNT:
- Minimum Deposit: £500
- Minimum Expected Profit: £3,500
- Maximum Expected Profit: £5,000
- Trader Education*
- Risk Management
- Tax-Free Spread Trading Profit
CLASSIC ACCOUNT:
- Minimum Deposit: £5,000
- Minimum Expected Profit: £45,000
- Maximum Expected Profit: £50,000
- Expert News and Analysis
- Competitive Spreads
- Advanced Trading Tools
- Tax-Free Spread Trading Profit
PLATINUM:
- Minimum Deposit: £10,000
- Minimum Expected Profit: £99,999
- Full Benefits
- Trader Education*
- Advanced Risk Management
- Tax-Free Spread Trading Profit
FOREX SIGNALS:
- 24/7 Customer Service
- Professional Forex Signals
- Up to 10 Signals Per Day
- 95% Success Rate
- Round-the-Clock Support
- Advanced Trading Tools
- Bitcoin Payments Only
- Compatible with Any Broker
Trading Platform
Maxearningtrades offers a proprietary trading platform, claiming an average order execution speed of under 7.12 milliseconds, with more than 12,000 orders executed per second, supported by extensive liquidity providers.
Deposits and Withdrawals
Maxearningtrades has not disclosed its supported deposit and withdrawal methods.
Conclusion:
Traderknows reminds investors that Maxearningtrades is a fraudulent broker that lures investors with promises of high returns. In reality, it has no corporate entity or regulatory oversight. Investors are advised to choose brokers with transparent information, strong regulation, and good reputation to avoid unnecessary financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
