MaxiWyse Review 2024 – Get All The Necessary Information
| General Information |
|
|---|---|
| Broker Name: | MaxiWyse |
| Broker Type: | CFD |
| Country: | N/A |
| Operating since year: | 2022 |
| Regulation: | N/A |
| Address: | N/A |
| Broker status: | Active |
| Customer Service | |
| Phone: | +18009618537 |
| Email: | [email protected] |
| Languages: | English |
| Availability: | 24/5 |
| Trading | |
| The Trading platforms: | Proprietary |
| Trading platform Time zone: | N/A |
| Demo account: | No |
| Mobile trading: | Yes |
| Web-based trading: | Yes |
| Bonuses: | No |
| Other trading instruments: | Yes |
| Account | |
| Minimum deposit: | $500 |
| Maximal leverage: | 1:400 |
| Spread: | Floating |
| Scalping allowed: | Yes |
General Information & First Impressions
MaxyWyse is a new online brokerage, operating from st vincent and the grenadines. It’s a user friendly platform, that allows its users to trade on CFDs for various assets. Our MaxiWyse review will go over the broker’s crucial features and how it treats users. It’s a multi-asset brokerage, covering all important trading instrument categories with its service.
That, along with its low starting requirement of a $500 deposit, makes it a versatile brokerage. The cost is a bit steeper than the standard, but still nothing extraordinary for prospective traders. Most people who want to get into trading should have that amount ready, meaning it presents no issue.
Fund and Account Security
Security is the first thing you should look for in any online service, especially a brokerage. Since they often hold a lot of your disposable capital, brokerages have a huge obligation towards you. Nonetheless, most brokers neglect that, going rogue and stealing from their clients more or less openly.
That has created an air of mistrust in the finance sphere, where companies get a bad rap without doing anything wrong. For our maxiwyse.com review, we’ve looked at the broker impartially to check whether it’s safe.
Luckily, despite the stigma surrounding new brokerages, MaxiWyse manages to prove it’s secure. Many of its qualities verify that, starting with clarity.
Registration at MaxiWyse
MaxiWyse has a prominent register button that you can press in the upper-right corner of the screen. You can also find it scattered across the website, perhaps saying something like “open account.”
If you’re new to trading, you should know what you’re getting into. You need to provide your name, age, and location to confirm your identity and make sure you’re in the right area.This includes your name and age to confirm your identity and location, making sure you are in the service area.
The Trading Accounts
As we said earlier in our MaxiWyse.com review, its base account requires a minimum deposit of $500. Again, while that’s not the cheapest, it’s by no means an unreasonable requirement. If you’re a trader, you can lose or gain way more than that in a day fairly easily.
The advantage with MaxiWyse is that even that cheapest option unlocks full access to the broker’s services. You get leverage of 1 400 and full access to the broker’s support features and strategic tools. You also gain the ability to participate in all the broker’s markets without any exception.
In other words, the base account offers a fully competitive trading experience. You’d be fine never going up to the more expensive types and wouldn’t feel stifled by the broker’s offer.
How many accounts are there in total?
There are seven account types in total that MaxiWyse offers. The VIP option is truly luxurious, offering exclusive features that you can’t find elsewhere. Every type has its own advantages, so it really comes down to what you find comfortable. Here’s a rundown of the accounts at MaxiWyse.com:
Rookie
- $5,000
- Leverage Ratio: 400 to 1
- Access to various markets
- Tools for Strategy and Indicators
- Support for multiple languages
- Competitive pricing in the market
Basic
- $25,000
- 400:1 Leverage
- Multiple markets access
- Strategy & Indicator tools
- Multi-language support
- Competitive market prices
- Multiple execution orders.
Premier
- $50,000
- 400:1 Leverage
- Multiple markets access
- Strategy & Indicator tools
- Multi-language support
- Competitive market prices
- Multiple execution orders
- Islamic Accounts
Elite
- $100,000
- Leverage Ratio: 400 times higher
- Access to multiple markets
- Tools for developing strategies and using indicators
- Support for multiple languages
- Competitive pricing in the market
- Ability to place multiple execution orders
- Availability of Islamic Accounts
- Daily in-depth analysis
- Dedicated Private Account Manager
Elite Plus
- $250,000
- Leverage: 400 to 1
- Access to Multiple Markets
- Tools for Strategy & Indicators
- Support for Multiple Languages
- Competitive Pricing in the Market
- Various Order Execution Options
- Availability of Islamic Accounts
- Daily In-depth Analysis
- Dedicated Account Manager
- Tailored Market Opportunities
- Advanced Resources
MaxiWyse’s Trading Platform
MaxiWyse has a proprietary platform with an intuitive interface and a broad range of trading capabilities. It supports the entire list of assets that comes in at over 1,500, as well as having a broad range of financial indicators.
That means the tool isn’t only comfortable to use but is also a potent trading tool. The software is well-balanced between newbies and more capable traders, increasing the broker’s overall versatility.
You can access the platform via all the regular channels. For desktops, there’s a browser option and a downloadable terminal, otherwise you can download a phone app.
Trading platforms the Maxiwyse broker includes are:
- IOS
- WebTrader
- Android
Funding and Pricing
The broker’s pricing is one of its strongest features as it ensures its accounts have tight spreads. Furthermore, it doesn’t have any fees on deposits or trading, letting you make better use of your money.
As for funding, the broker has a variety of options to get money into your account. As we said earlier in our MaxiWyse review, a $500 deposit is required for a live account. Both depositing and the withdrawal process is quick, eliminating frustration and cutting down the chance of you missing a trade.
You can fund your online trading account using debit cards, credit cards, PayPal and bank transfers.
MaxiWyse’s Trading Products
MaxiWyse has a wide range of trading products that makes it open to traders with different preferences. The brokerage includes materials from all major product classes, covering all standard options.
As the library numbers over 1,500 assets, there are also more obscure options you can use to experiment. Here’s a rundown of the options on maxywise.com:
- Currencies
- Indices
- Stocks
- Metals
- Digital Currencies
- Energies
Customer Service at MaxyWise
MaxiWyse works hard to keep all of its customers content. The broker has an organized and responsive support team that’s knowledgeable about potential issues. That results in a positive communication experience, as well as an efficient one. You can reach MaxiWyse’s support via phone, email, or live chat.
Customer Support Phone: +18009618537
Email: [email protected]
MaxiWyse Review: Conclusion
MaxiWyse is a serious brokerage with robust functionality and great customer treatment. That’s enough for us to call it one of the top upcoming brokerages on the market. It’s still young, meaning it’s likely to grow rapidly, and we’re eager to see where it goes.
But eve as-is, the broker offers fantastic conditions at a low cost. The commissions the broker takes are smaller than the industry standard, while the service is better.
It offers various trading and analytical conditions at a way lower price point than you can find elsewhere. It’s also one of the safer new brokerages, showing no sign of ill intent.
To end our MaxiWyse review, if you are into Forex trading and CFDs trading, we’d suggest you give it a shot. If you’re in search of a new broker, it’s highly likely to be up your alley.
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Amazing brokers
They deliver good service, offers high leverage and low spreads. I am truly amazed all the time.
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Good broker
I found this broker good in all terms. Services are efficient, signals are profitable and withdrawal is smoothly processed.
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Reliable broker
They have reliable services and good brokers. I gain good returns and is overall satisfied with the services.
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Low trading cost
They offer low trading cost with the low spread across their trading instruments which is really good and helpful in executing trades. Trading terms are fair and withdrawal is swift.
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Good broker company
Been looking for a broker with fair spreads but never thought I’d find spreads like this broker have. Services and tools are also efficient. I haven’t had any withdrawal delays, my money is always credited on time.
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Highly recommended
Effective trading services and good broker. Highly recommended.
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Good brokers
Excellent client support and fast withdrawals are the two things I like about this broker.I will be keeping the services.
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Great customer service
The best customer service, they are willing to help me anytime. Good, resourceful and efficient.
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Good broker
Good broker company to deal with. Competitive at all times and withdrawal is fast.
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