Wealthmaximizertrade is a CFD broker whose official website domain is registered on February 14, 2024. This broker primarily provides investment services to investors in markets such as forex, cryptocurrencies, indices, stocks, energy, and commodities. It does not offer services to countries and regions where doing so might violate local laws or regulations.
Company Registration Information and Regulatory Status
According to the publicly available information on its official website (www.wealthmaximizertrade.live), Wealthmaximizertrade was established in 2016 and is regulated by the Australian Securities and Investments Commission (ASIC). However, the broker has not disclosed any information about its company registration or detailed regulatory information.
Upon verification, the Australian Securities and Investments Commission (ASIC) has no record of a regulated company named "Wealthmaximizertrade."
Therefore, Wealthmaximizertrade (www.wealthmaximizertrade.live) is actually a fraudulent broker site with no real company entity or regulation.
Account Opening Process
The account opening process for Wealthmaximizertrade trading accounts involves visiting the broker's official website, clicking on "REGISTER" on the homepage or the upper right corner of the webpage to enter the account registration page, filling in personal information such as name and email address, setting a login password, and submitting the form. After submission, the account can be successfully registered upon verification.
Trading Instruments:
Wealthmaximizertrade offers a variety of trading products for customers, 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 exchange rate fluctuations.
- Indices: Index trading allows speculation on the performance of entire markets or specific sectors without trading individual stocks, offering diverse trading opportunities with high leverage.
- Commodities: Commodity trading covers key resources in the global market, allowing traders to buy and sell various raw materials including metals, energy, and agricultural products.
- Stocks: Stock trading allows investors to participate in the price fluctuations of public companies, earning from price changes and dividends based on company performance without actually holding the stocks.
- Cryptocurrencies: Cryptocurrency trading offers enthusiasts the opportunity to profit from highly volatile digital assets.
Investment Plans
Wealthmaximizertrade offers four different 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 profits
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 profits
PLATINUM:
- Minimum deposit: $10,000
- Minimum expected profit: $99,999
- Full benefits
- Trader education*
- Advanced risk management
- Tax-free spread trading profits
FOREX SIGNALS:
- Professional forex signals
- Up to 10 signals per day
- 95% success rate
- 24/7 support
- Advanced trading tools
- Bitcoin-only payments
- Use any broker
Trading Platform
Wealthmaximizertrade offers a proprietary trading platform and claims an average order execution speed of less than 7.12 milliseconds, with more than 12,000 orders executed per second, and superior liquidity providers.
Deposits and Withdrawals
Wealthmaximizertrade only supports deposits and withdrawals through cryptocurrencies.
Conclusion:
Traderknows reminds investors that Wealthmaximizertrade is a fraudulent broker that lures investors with promises of high returns. This site actually has no corporate entity or regulatory oversight. Investors are advised to choose brokers that are transparent, well-regulated, and reputable to avoid financial losses.
Currently, this broker is marked as a "Scam" on Traderknows.
