MaxiWyse Review

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MaxiWyse Review

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

REVIEW CONTENT

• General Information & First Impressions


• Fund and Account Security


• Registration at MaxiWyse


• The Trading Accounts


• MaxiWyse's Trading Platform


• Funding and Pricing


• Trading Products at MaxiWyse


• Customer Service at MaxiWyse


• Conclusion

 

MaxiWyse Review – Why trade with them?

General Information & First Impressions

MaxyWyse is a new online brokerage 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.

The brokerage is brand-new, starting to operate in 2022. And while some may prefer to go with more established companies, it’s unfair to write it off on age alone. It’s a competitive company with many unique features that create a profitable and comfortable experience for customers. We’ll cover those later in our maxiwyse.com review.

For now, we’ll look at the first impression that the website gives us, and it’s definitely solid. The broker has a black-and-gold color scheme evocative of luxury and richness. All the elements blend together well, giving the website a feeling of completeness. However, the visual design isn’t a primary concern by any means. Luckily, the broker does just as well functionally.

It has a no-drivel approach, only displaying important information to users. On top of that, it has excellent navigation with a sensible website division that makes it easy to get where you want to be. There’s an HTML user map in the footer, making it even easier to pinpoint where you wish to go. Overall, that results in a positive impression for the start of our MaxiWyse review.

 

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. However, 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.

The broker makes sure to use simple language and explain its service to users. It doesn’t make things unnecessarily convoluted or hide crucial features. As such, even if you’re a brand-new trader, you’ll likely have a good idea of what you’re getting into.

That continues in the broker’s legal docs. While the documents are formal and thus confusing, they’re still well-written. They aren’t impossible to get through and understand, even for someone with limited knowledge.

The broker also makes sure to make its address and contact info apparent. That ensures you can verify all our claims for yourself. It also proves it’s not a shadow company without actual offices.

Lastly, the broker also does a fantastic job at preventing outside influences from affecting traders. It has high-tech security solutions in place that prevent hackers from getting into customer accounts or intercepting transactions. It also has encryption and authenticators that let users take control of their own security.

 

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.” Still, it should be fairly apparent what the button does, no matter what’s written on it. No matter where you press it, it takes you to the signup screen, with a form you need to fill.

And the broker made sure only to ask for basic data that it needs to accept you as a customer. That includes your name and age to make sure that it can confirm your identity and location to ensure you’re in the service area. The following KYC check is quick, ensuring you can start trading soon after you register.

Also, the form includes a field where you can select your base currency. Naturally, that helps avoid any issues that might occur due to conversion. Lastly, there’s a promo field where you can say who referred you so that you both get awarded.

 

The Trading Accounts

As we said earlier in our MaxiWyse review, its base account requires a 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 1:400 leverage 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.

However, there are seven account types in total, and each past the first offers incremental advantages. 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:

Standard

• $500


• 400:1 Leverage


• Multiple markets access


• Strategy & Indicator tools


• Multi-language support


• Competitive market prices

Classic

• $2,500


• 400:1 Leverage


• Multiple markets access


• Strategy & Indicator tools


• Multi-language support


• Competitive market prices


• Multiple execution orders

Discovery

• $10,000


• 400:1 Leverage


• Multiple markets access


• Strategy & Indicator tools


• Multi-language support


• Competitive market prices


• Multiple execution orders


• Islamic Accounts

Advanced

• $50,000


• 400:1 Leverage


• Multiple markets access


• Strategy & Indicator tools


• Multi-language support


• Competitive market prices


• Multiple execution orders


• Islamic Accounts


• Daily comprehensive analysis

Premium

• $100,000


• Full access to trading instruments


• Private account management


• Key market SMS & Push alerts


• Educational resources and tools


• Daily market analysis and insights


• Financial markets coverage


• Exclusive market updates

Professional

•  $250,000


• 400:1 Leverage


• Multiple markets access


• Strategy & Indicator tools


• Multi-language support


• Competitive market prices


• Multiple execution orders


• Islamic Accounts


• Daily comprehensive analysis


• Private Account Manager

Premium

• $1,000,000


• 400:1 Leverage


• Multiple markets access


• Strategy & Indicator tools


• Multi-language support


• Competitive market prices


• Multiple execution orders


• Islamic Accounts


• Daily comprehensive analysis


• Private Account Manager


• Personalized market offers


• Sophisticated resources

VIP

• $10,000,000


• 400:1 Leverage


• Multiple markets access


• Strategy & Indicator tools


• Multi-language support


• Competitive market prices


• Multiple execution orders


• Islamic Accounts


• Daily comprehensive analysis


• Private Account Manager


• Personalized market offers


• Sophisticated investment resources


• Cummulative deposit bonus


• Discount on market spreads


• Invitations to market events

 

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.

 

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 withdrawing money is quick, eliminating frustration and cutting down the chance of you missing a trade.

 

MaxiWyse’s Trading Products

MaxiWyse has a broad 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.

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, 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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