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Pros

Regulated by the Seychelles Financial Services Authority (FSA), providing a degree of reliability.
User-friendly trading platform with access to a diverse range of trading instruments.
Transparent fee structure with no hidden charges, promoting trust among traders.

Cons

Offshore regulation may raise concerns about the broker's credibility and safety.
Mixed user reviews regarding customer support and withdrawal processes, indicating potential issues.
Lack of integration with popular trading platforms like MetaTrader 4 or 5, which may limit advanced trading options.

Zenstox broker Accounts

Maxify Account Type

Maxify offers several types of trading accounts to cater to different trading needs:

  • Standard Account
    • Minimum Deposit: $1
    • Maximum Leverage: 1:300
    • Minimum Spread: From 0.6 pips
    • Commission: None
    • Zero Account
      • Minimum Deposit: $4,500
      • Maximum Leverage: 1:300
      • Minimum Spread: From 0.1 pips
      • Commission: $8 per transaction
      • EA Account
        • Minimum Deposit: $500
        • Maximum Leverage: 1:100
        • Minimum Spread: Not specified
        • Commission: Not specified
        • FY Account
          • Minimum Deposit: $1,000
          • Maximum Leverage: 1:300
          • Minimum Spread: From 0.3 pips
          • Commission: Not specified

          Maxify Broker Account Opening Process

          To open a broker account with Maxify, follow these steps:

          • Visit the Official Website: Go to Maxify's official website.
          • Choose Account Type: Decide which type of account you want to open (Standard, Zero, EA, or FY).
          • Fill Out the Application Form: Provide personal information, including your name, email, and financial details.
          • Submit Required Documents: You may need to submit identification documents for verification.
          • Fund Your Account: Transfer the minimum deposit required for the chosen account type.
          • Start Trading: Once your account is approved and funded, you can begin trading.
          • For more details, please refer to the source: WikiBit.

Zenstox accounts can be viewed for products that can be traded accounts with a minimum deposit of by (2+) .
Zenstox Account