Forex Broker

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MaxFx review

On-line since: 2015
Country of origin: Cyprus
Regulation: Cyprus Securities and Exchange Commission (CySEC)
Payment options: wire transfer, credit cards, WebMoney, Skrill, Neteller, QIWI, China UnionPay, Moneta.ru
Minimum account size: EUR/EUR/GBP /CHF 500 or JPY 60,000
Minimum lot size: 0.01
Leverage: up to 1:500
Spreads: floating, from 0.1 pips

About company:

Founded in 2015, MaxFX is a brand name of TopFX. Trading is carried out with ECN and STP technologies. The broker offers various trading instruments: more than 80 currency pairs, indices, shares, energy, and precious metals. Besides, MaxFX provides its clients with the most popular and reliable MetaTrader 4 and cTrader platforms.

MaxFX main benefits:

  • All transactions are moved to liquidity providers, no conflict of interest between the client and the broker;
  • Fast and high-quality order execution;
  • Islamic accounts;
  • Leverage is up to 1:500;
  • Expert advisors and algorithmic trading are welcomed;
  • Low spreads with an average value of 0.7 pips;
  • For VIP clients with large capital, the company offers premium conditions, including personal account manager and MaxFX Premium Credit Card;
  • A PAMM account is an investment service that offers investors the opportunity to make money without actually getting involved in trading.

In addition, MaxFX cooperates with Myfxbook, offering the Autotrade platform that allows clients to copy the trades they find profitable straight to their cTrader or MetaTrader 4 account. Besides, traders can receive discounts of $1.5 for every closed position, regardless of whether their trade is winning or losing.

Payment Methods

MaxFX clients can choose different ways of topping up their accounts: wire transfer, credit /debit card (Visa or MasterCard), Skrill, WebMoney, MonetaRu, QIWI, China UnionPay, and Neteller.

Accepted currencies: USD, EUR, GBP, JPY, and CHF.

MaxFx 3/10 (votes 1979)
Comments Interested in other brokers?
Author of MaxFx: ADEYEMI | Date 2018-03-07
MaxFX is a profitable platform for me. After four years of tradings experience in a Professional MAX account and I am satisfied in trading by the CTrader platform. The fastest execution of the platform given me a better experience of trading in the market. While no widening occurred in my SL and TP so far. Especially I am happy with their auto trade system (EA). Besides, I made $550 profit in my account and their deposit and withdrawal are easy to me via Neteller which happened within a day. So. I don't have any complaints on MaxFX broker.
Author of MaxFx: Maurici | Date 2017-12-11
MaxFX is the reliable forex broker so far to me. Although the broker is young but regulated by the CIF & CySEC. I had two years experience without any problem so far and I am satisfied to trade in Professional MAX account by the cTrader platform. My startup deposited was $500. While A lot of brokerages came on the market but they are still good about their service. Always I have found instant orders execution with 0.7 pips stable spread on EUR/USD pair and $3.5 commission per lot. Also, they offer interesting rebate service and it gives the possibility to get more money. So I take the advantage and till now I have earned a 4K profit without any issue. Every week I withdraw my profit via bank transfers. I got the money within 2 working days on my local bank account. So MaxFX proved that I can trust them in the market.
Author of MaxFx: Neo_fx | Date 2017-11-06
As I wanted to see myself the company services, I got the no deposit bonus of $100, the process to get it is quite simple , the number of lotes are quite simple to reach. The order executions is quite fast, for now, I am trading with majors like eur/usd, spreads are floating, but it doesn´t get that high maximum 2.0 pips during trading hours. heir MT4 is very easy to use, so far faced no problems while trading. So far, so good.
Author of MaxFx: Pip_Iquria | Date 2017-10-10
I would like to share my experiences here with MaxFx. I have opened an account on September th August with minimum deposit of $600. They offer cTrader Platform which is excellent, performance during NFP is almost real time, I use my won trading strategy with their platform. Just in one month, I did 223 trades and my 186 trades were closed with the profit. That was amazing, last week I requested a withdrawal of $300 from my profits through wire transfer, I got it within 6 days, and they didn't deduct any fee. I have no complaints for this broker.
Author of MaxFx: Nickpip | Date 2017-09-13
I trade with MaxFx for a couple of months and till now I am pleased with their services. I have a ECNMax account with a first deposit 500$. The transer was made with Skrill and credited instantly to my account. I trade with them currency pairs EUR/USD, AUD/USD, EUR/ GBP, GBP/USD, USD/CHF, USD/JPY. When is strong signal I trade also XAU. My profit is 600-700$ a month. I trade on the platform MetaTrader 4 for Android and Desktop. It's working fast in execution and real time prices. I recommend the broker because is honest and reliable.
Author of MaxFx: Jeremiah | Date 2017-08-16
currently maxfx is my favorite broker which always provide me good trading condition. I have join them for a years and start to trade manual for half year only and then I found their another service that provide me autotrade program that allowed me to copy the trades from trader that have good gaining percentage with low drawdown. They also give me discount 1.5 pips for every closed position whether I loss or win the position. I like trading with them because the account has swap free which my account will not be charge if I hold a position more than a night. So far by following the autotrade I can gain 200-400 USD with minimum equity 300 USD. Thanks Maxfx
Author of MaxFx: Namja | Date 2017-07-27
I lost $1200 with MaxFX. They open spread volatility and giving me a very high slippage in normal trade and during the news time. They also disable the execution during those high volatility. You can never close your order too. They do not allow manual closing of your orders or if you are using an EA. I suggest everyone not to open an account with MaxFX. You'll get too many frustrations.
Author of MaxFx: Ren | Date 2017-06-19
Really disappointed with MaxFX, so many errors in their system. Lost a few pips like up to 40 in closing or opening trades. System not starting or closing orders. Had a few people complain about this and had one of my friend who said he lost like $1500 because it did not close the trade at his take profit setting and then it closed it at his strop loss. When he contacted MaxFX to complain about this, they only told him that, they are working on their server and that their is nothing they can do about it. They are just not good.

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