EuromaxFX Spreads, leverage, minimum deposit Revealed

WikiFX | 2024-11-15 18:35

Abstract：Founded in 2011, EuromaxFX is an unregulated online trading platform registered in the Virgin Islands. It assets to offer two types of live accounts and access to Meta Trader 4. Forex, Indices, Stocks, and Metals are available on this platform.

　　Note: EuromaxFX's official website: https://euromaxfx.com/ is currently inaccessible normal.

EuromaxFXReview Summary
Founded	2011
Registered Country/Region	The Virgin Islands
Regulation	Unregulated
Market Instruments	Forex, Indices, Stocks, Metals
Demo Account	/
Leverage	Up to 1:500
Spread	Fixed from 2.0 pips
Trading Platform	MT4
Min Deposit	$10
Customer Support	Email: support@euromaxfx.com

　　Founded in 2011, EuromaxFX is an unregulated online trading platform registered in the Virgin Islands. It assets to offer two types of live accounts and access to Meta Trader 4. Forex, Indices, Stocks, and Metals are available on this platform.

Pros & Cons

Pros	Cons
Various trading markets	Not subject to any regulation
MT4 supported	Unfunctional website
Low minimum deposit	Wide spreads
No commissions	No scalping allowed
	Limited contact channels

Is EuromaxFX Legit?

　　No. EuromaxFX operates without valid regulation from any notable authorities. Trading on this platform can be risky.

What Can I Trade on EuromaxFX?

Trading Asset	Available
forex	✔
metals	✔
indices	✔
stocks	✔
commodities	❌
cryptocurrencies	❌
bonds	❌
options	❌
ETFs	❌

Account Type/Leverage/Fees

　　Micro and Standard accounts are the two live account types available on this platform. On the MetaTrader 4 platform, they both provide commission-free trading, fixed spreads, and high leverage.

　　On top of that, EuromaxFX offers Islamic (Swap Free) service across these two accounts.

Account Type	MinDeposit	MinTrade Size	Max Leverage	Spread	Commission
Micro	$10	0.01	1:500	2.0 pips, fixed	❌
Standard	$100	0.01	1:500	2.0 pips, fixed	❌

Trading Platform

　　EuromaxFX offers traders the most popular MT4 trading platform on the Forex market, as well as the MT4 desktop and mobile versions. The MT4 terminal has all the necessary tools and features for analyzing the price dynamics of financial instruments and supports automated trading programs.

Trading Platform	Supported	Available Devices	Suitable for
MT4	✔	Desktop, Mobile, Web	Beginners
MT5	❌	Desktop, Mobile, Web	Experienced traders