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Score

5.53 /10

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maxco

Item: maxco
Rating: 5.53

Indonesia

2-5 years

Regulated in Indonesia

Retail Forex License

Suspicious Scope of Business

Medium potential risk

https://www.maxco.co.id/

Influence

C

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Comparison

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Exposure

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Website

Score

Regulatory Index4.94

Business Index6.40

Risk Management Index8.90

Software Index4.44

License Index4.94

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Website

Licenses

JFX Regulated

Retail Forex License

VPS Standard

No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

open now

Broker Information

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Company Name

PT Maxco Futures

Company Abbreviation

maxco

Platform registered country and region

Indonesia

Company website

https://www.maxco.co.id/

Company summary

Pyramid scheme complaint

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maxco · Company summary

Maxco Review Summary
Founded	2-5 years
Registered Country/Region	Indonesia
Regulation	Regulated
Market Instruments (70+)	Forex/Metals/Futures/CFD-Stock
Demo Account	✅
Leverage	Up to 1:500
Spread	Variable
Trading Platform	MT4, WebTrader and Mobile App
Min Deposit	$100
Customer Support	Email: cs@maxco.co.id
Customer Support	Phone: +62 21 720-5868

Mexico Information

Maxco is a broker registered in Indonesia. The tradable instruments with a maximum leverage of 1:500 include forex, metals, futures, and CFD-stock. The broker also provides demo and real accounts. This brokerage provides various spreads, which can be tight, and the minimum deposit is $100. Although MaxCo is regulated by the JFX, risks cannot be avoided completely.

Pros and Cons

Pros	Cons
Regulated	No 24/7 customer support
Leverage up to 1:500	No copy trading information
MT4 available
Demo account available
Various tradable instruments

Is Maxco Legit?

Maxco is regulated by JFX under the Retail Forex License and license number SPAB-057/BBJ/12/03. However, it also claims to be regulated by BAPPEBTI under license number 353/BAPPEBTI/SI/V/2004, which should be verified.

What can I trade at MaxCo?

Maxco offers over 70 trading instruments, including forex, metals, futures, and CFD-stock.

Tradable Instruments	Supported
Forex	✔
Metals	✔
CFD-Stocks	✔
Futures	✔
Cryptocurrencies	❌
Precious Metals	❌
Commodities	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

Maxco provides a real and a demo account. The real account supports trading in US dollars and Indonesian rupiah. Novices can use the demo account, which provides up to $10,000 in virtual funds and is valid for one month, and applies to all trading platforms.

Account Type	Real	Demo
Commission	$1 per lot	-
Leverage	1:500	-
Currency	USD, IDR	-

Maxco Fees

Maxco provides variable spreads. The commission is $1 per lot. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500,meaning that profits and losses are magnified 500 times.

Trading Platform

Maxco has various trading platforms, including WebTrader, which doesn't require the installation of additional software, Trade On Mobile, and MetaTrader 4, which is suitable for use on mobile phones and tablets.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web(Windows)/Mobile(iOS/Android)	Beginners
WebTrader	✔	Web	All
Maxco Apps/Desktop	✔	Mobile/Desktop	All

Deposit and Withdrawal

The minimum deposit is $100. Maxco accepts both Indonesian Rupiah and US Dollar currency types for deposit and withdrawal. The time taken for a deposit to be updated in a trading account depends on the deposit method used and the Account Settings. Funds can be deposited on working days. The withdrawal processing times are carried out on business days only, and traders can make multiple withdrawals before 6:00 PM on working days. Besides, traders can make deposits and withdrawals on the same day, and associated fees are not charged.

Promotion

Maxco provides customers with a variety of promotional activities and rewards. For example, in the trading festival activities, customers can collect tickets by trading on the platform and have the opportunity to win prizes, exclusive electronic products, and shopping vouchers. All new customers can receive a welcome bonus worth 300,000 Indonesian rupiah, which helps new customers reduce costs in the initial stage of trading.

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WikiFX Risk Alerts

Previous Detection : 2025-04-30

The current information shows that this broker does not have a trading software. Please be aware!

WikiFX Survey

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maxco

Indonesia

WikiFX Verification

Overview

Biz Area

WikiFX Survey

Website

MT4/5

Genealogy

Clones

Keywords

Account

Time Machine

Platform Capital Ratio

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-- --

100%

--%

100%

Fundamental Item(A)
Total Supplementary Items(B)
Debt Amount(C)
Non-Fixed Capital(A)+(B)-(C)=(D)
Relative amount of risk(E)
Market Risk
Transaction Risk
Underlying Risk

Capital
$(USD)

maxco · Company summary

Maxco Review Summary
Founded	2-5 years
Registered Country/Region	Indonesia
Regulation	Regulated
Market Instruments (70+)	Forex/Metals/Futures/CFD-Stock
Demo Account	✅
Leverage	Up to 1:500
Spread	Variable
Trading Platform	MT4, WebTrader and Mobile App
Min Deposit	$100
Customer Support	Email: cs@maxco.co.id
Customer Support	Phone: +62 21 720-5868

Mexico Information

Maxco is a broker registered in Indonesia. The tradable instruments with a maximum leverage of 1:500 include forex, metals, futures, and CFD-stock. The broker also provides demo and real accounts. This brokerage provides various spreads, which can be tight, and the minimum deposit is $100. Although MaxCo is regulated by the JFX, risks cannot be avoided completely.

Pros and Cons

Pros	Cons
Regulated	No 24/7 customer support
Leverage up to 1:500	No copy trading information
MT4 available
Demo account available
Various tradable instruments

Is Maxco Legit?

Maxco is regulated by JFX under the Retail Forex License and license number SPAB-057/BBJ/12/03. However, it also claims to be regulated by BAPPEBTI under license number 353/BAPPEBTI/SI/V/2004, which should be verified.

What can I trade at MaxCo?

Maxco offers over 70 trading instruments, including forex, metals, futures, and CFD-stock.

Tradable Instruments	Supported
Forex	✔
Metals	✔
CFD-Stocks	✔
Futures	✔
Cryptocurrencies	❌
Precious Metals	❌
Commodities	❌
Shares	❌
ETFs	❌
Bonds	❌
Mutual Funds	❌

Account Type

Maxco provides a real and a demo account. The real account supports trading in US dollars and Indonesian rupiah. Novices can use the demo account, which provides up to $10,000 in virtual funds and is valid for one month, and applies to all trading platforms.

Account Type	Real	Demo
Commission	$1 per lot	-
Leverage	1:500	-
Currency	USD, IDR	-

Maxco Fees

Maxco provides variable spreads. The commission is $1 per lot. The lower the spread, the faster the liquidity.

Leverage

The maximum leverage is 1:500,meaning that profits and losses are magnified 500 times.

Trading Platform

Maxco has various trading platforms, including WebTrader, which doesn't require the installation of additional software, Trade On Mobile, and MetaTrader 4, which is suitable for use on mobile phones and tablets.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Web(Windows)/Mobile(iOS/Android)	Beginners
WebTrader	✔	Web	All
Maxco Apps/Desktop	✔	Mobile/Desktop	All

Deposit and Withdrawal

The minimum deposit is $100. Maxco accepts both Indonesian Rupiah and US Dollar currency types for deposit and withdrawal. The time taken for a deposit to be updated in a trading account depends on the deposit method used and the Account Settings. Funds can be deposited on working days. The withdrawal processing times are carried out on business days only, and traders can make multiple withdrawals before 6:00 PM on working days. Besides, traders can make deposits and withdrawals on the same day, and associated fees are not charged.

Promotion

Maxco provides customers with a variety of promotional activities and rewards. For example, in the trading festival activities, customers can collect tickets by trading on the platform and have the opportunity to win prizes, exclusive electronic products, and shopping vouchers. All new customers can receive a welcome bonus worth 300,000 Indonesian rupiah, which helps new customers reduce costs in the initial stage of trading.

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santos4154

more than one year

slippage rendah dan withdraw cepat

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2025-04-20 19:02

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0

doudu

more than one year

Entered the trading sphere all the way from Indonesia under the firm regulation of JFX. Navigated through variable spreads, keeping things interesting. Loved the Desktop Trading Platform and the classic MetaTrader 4. Dived into trading stocks - a modern gold rush. Their demo account, filled with virtual funds, was a safe playground to test the waters. And a shout-out to their efficient payment methods - Bank transfers were a breeze! As a cherry on top, they have dynamite educational tools like videos and news articles - perfect for those looking to up their trading game!

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2023-12-04 14:17

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