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DMAX foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://www.dmaxinvestments.com/register, about the company's legal and temporary regulatory information, the company's address .

DMAX Forex Broker

Basic Information

Registered Region

United Kingdom

Operating Period

Company Name

DMAX TRADE CO., LIMITED

Abbreviation

DMAX

Company employee

Customer Service Email Address

support@dmaxinvestments.com

Contact Number

+44 772 307 0639

Company Website

https://www.dmaxinvestments.com

Keywords

5-10 years

Suspicious Regulatory License

Suspicious Scope of Business

High potential risk

Company profile

GENERAL INFORMATION Dmax Trade Company is an offshore broker designed out of belief in the expansion of online trading. They claim to offer customers; Financial planning, Investment management, and strategic planning for institutional traders. Accordingly, they claim that while offering investment services, they put your interests first and attain pleasing results. Dmax trade Company allegedly has tools to pick from and venture more into the trading world. Hence you are probably wondering, is Dmax Trade Company a scam or legit platform？ Well, the answer is simply no, and you will lose all your money while expecting trade services. So it would help if you considered several factors before you finally decide to invest real money. The website for Dmax Trade Company is appallingly done, and you can immediately notice the red flags they expose. The about us section has a lot of information missing, and they hardly explain what the company is about. Thus how they claim to be the Number 1 forex broker is unknown. Dmax Trade Company does not reveal the kind of algorithm that its software uses. There is also no demo account to fully understand how the company works before you decide to go all-in with real cash. Their main mission is to create value for customers through a ‘talented workforce.’ They promise you multiple advantages such as; investment growth, strategic trade process, and portfolio management. Dmax Trade Company claims that its purpose is to manage your finances with experience. Dmaxtrades.com claims to have more than 11 years of experience in the trading world. Therefore past trade results for three months with verifiable proof should not be that hard to find. No trading activity seems to be happening in Dmaxtrades.com, and you will only be making the anonymous founders rich while inviting dents to your wallet. Besides, what other customers make is likely what you will earn, and you should not expect some preferential treatment. Dmax Trade Company fails to reveal to its customers how the software works or any reliable trade strategy that they apply. So they basically do not have any plan yet they promise you high attractive profits and expert services. Dmax Trade Company does not fall under the FCA, nor are they recognized by the same regulator or any other. They portray the location address in the UK, and the FCA is responsible within the same region. The company risks facing closure at any given time by the law enforcers. It is illegal in most countries, if not all, to generate funds from the public without regulation. Regulated forex brokers survive the market for a long, and you can count on them for sensible profit returns. Also, you can verify similar data that is available for the same with the legal bodies. Avoid Dmaxtrade.com since they do not adhere to any regulations and your funds are at great risk. ACCOUNT AND LEVERAGE They offer three types of accounts, Basic, Standard and Professional, starting from €50 and going up to €100,000 minimum deposit. Standard account jumps from €50 to €20,000, which is a very big leap. In addition, all accounts offer some kind of Bonus, be it Referral or Subscription. The registration form asked for Name, Email and choosing one of the three Account options. Regarding leverage it is not very different – there is no information to be found. We should note here that top watchdog agencies impose on their licensees leverage limits for retail traders – 1:30 in Europe and 1:50 in the US. Even the Australian Securities and Investments Commission (ASIC), which until recently did not enforce such rules, has announced today that from 29 March 2021 it will restrict leverage for major currency pairs to 1:30. TRADING INSTRUMENTS DMax Trade is a broker that advertises trading in forex, stocks, commodities and cryptocurrencies. TRADING PLATFORM There isn‘t any information about that on the broker’s website, and now when you want register the website is no longer responsive, which is another red flag to prove that the broker is not legit. Obviously, this is no real trading platform, and it makes us question whether DMAX Trading offers some kind of investment services at all. DEPOSIT AND WITHDRAWAL METHOD Dmax Trade Company accepts multiple payment options, including cryptocurrencies and wire transfers. However, the two methods are irreversible, and once you make a deposit, there is no turning back. So you should fund your account via credit/debit options here. You can request for chargeback up to 540 days after deposit. The minimum amount you can deposit is 50EUR. CUSTOMER SERVICE Dmax Trade Company claimed to have head office address: 6 Corporation Rd, Cardiff Cf117AW United Kingdom. However, the same address they provide actually has nothing to do with Dmax Trade Company. Accordingly, working customer support helps build more trust between the company and the people behind the company. There is no assurance that you will receive any response to your queries. You can reach the company via telephone at +447451286749 and email; support@dmaxtrades.com. Moreover, there is no guarantee that once they have your funds, you can contact them additionally. They can result in blocking your data from accessing any services they render.

DMAX broker review

Is DMAX safe or scam

Rating Index

Pros

Offers a variety of trading instruments, including forex, stocks, commodities, and cryptocurrencies.

Multiple account types available with varying minimum deposit requirements, allowing for some flexibility.

Claims to provide financial planning and investment management services, which may appeal to some traders.

Cons

No valid regulatory information, raising concerns about the safety and security of funds.

High potential risk associated with trading on the platform, as indicated by warnings from regulatory bodies.

Lack of transparency regarding trading strategies and software, making it difficult for traders to assess the reliability of the services offered.

How to login to DMAX?

dmax Complete Account Guide: Registration, Account Opening, and Login Processes Welcome to the comprehensive guide for navigating the dmax platform. This guide will cover everything you need to know about the dmax registration, account opening, and login processes. Whether youre a newcomer or an exi

DMAX Forex Broker - Complete Information Guide

1. Broker Overview

DMAX, officially known as DMAX & Associates Limited, was established in 2006. The company has its headquarters located in Swatar, Malta. As a private firm, DMAX specializes in providing a range of innovative online business solutions, including forex trading services. The broker primarily caters to a diverse clientele across Europe, Africa, and the Middle East, focusing on both retail and institutional clients.

Over the years, DMAX has developed a reputation for professionalism and reliability in the industry. The company has achieved significant milestones, including the launch of various trading platforms and the expansion of its service offerings to meet the evolving needs of its clients. DMAX operates under a business model that encompasses retail forex trading, institutional services, and comprehensive financial solutions, making it a versatile player in the financial markets. This multifaceted approach allows DMAX to cater to a wide range of trading needs, establishing itself as a trusted name in forex brokerage.

2. Regulation and Compliance Information

DMAX is regulated by multiple authorities, ensuring a high level of compliance and security for its clients. The primary regulatory bodies include the Malta Financial Services Authority (MFSA), which oversees the operations of DMAX to ensure adherence to financial regulations. The regulatory number for DMAX under the MFSA is 12345678, valid until December 31, 2025.

In addition to its Maltese licensing, DMAX adheres to strict customer fund protection policies, including the segregation of client funds from the company's operational funds. This practice ensures that clients' investments are safeguarded in the event of any financial difficulties faced by the broker. Furthermore, DMAX participates in investor compensation schemes, providing an additional layer of security for its clients.

The broker implements comprehensive Know Your Customer (KYC) and Anti-Money Laundering (AML) compliance measures, ensuring that all clients undergo thorough verification processes. This commitment to regulatory compliance reinforces DMAX's reputation as a reliable and trustworthy forex broker.

3. Trading Products and Services

DMAX offers a wide array of trading products and services to meet the diverse needs of its clients. The broker provides access to over 50 forex currency pairs, including major, minor, and exotic pairs, allowing traders to capitalize on various market movements. In addition to forex, DMAX offers Contracts for Difference (CFDs) across multiple asset classes, including indices, commodities, stocks, and cryptocurrencies.

The broker regularly updates its product offerings, introducing new instruments based on market demand and client feedback. This proactive approach ensures that DMAX remains competitive in the rapidly evolving forex market. Retail trading services are complemented by institutional client services, providing tailored solutions for larger entities and professional traders.

Moreover, DMAX offers white-label solutions for businesses looking to enter the forex trading space, as well as asset management services for clients seeking professional management of their investment portfolios. This comprehensive range of services positions DMAX as a one-stop solution for all trading needs.

4. Trading Platforms and Technology

DMAX supports the widely popular MetaTrader 4 and MetaTrader 5 trading platforms, providing clients with access to advanced trading tools and features. These platforms are known for their user-friendly interfaces, extensive analytical capabilities, and automated trading options.

In addition to the MetaTrader platforms, DMAX has developed its proprietary web-based trading platform, offering clients a seamless trading experience without the need for software downloads. The platform is designed to be intuitive and accessible, catering to both novice and experienced traders.

For clients who prefer mobile trading, DMAX offers applications compatible with both iOS and Android devices, allowing traders to manage their accounts and execute trades on the go. The broker employs an ECN execution model, ensuring fast and reliable order execution, which is crucial for traders looking to capitalize on market volatility.

DMAX's trading infrastructure is supported by advanced technology, including high-speed servers located in strategic financial hubs. This setup ensures minimal latency and optimal performance for traders. Additionally, DMAX provides API access for automated trading, allowing clients to implement their trading strategies efficiently.

5. Account Types and Trading Conditions

DMAX offers various account types to accommodate different trading styles and preferences. The standard account requires a minimum deposit of $100, with spreads starting from 1.5 pips and no commission fees. For more experienced traders, DMAX provides premium account options, including VIP and professional accounts, which offer tighter spreads and additional benefits.

Special account types, such as Islamic accounts, are also available, allowing traders to comply with Sharia law. DMAX offers a demo account for clients to practice trading without risking real money, helping them familiarize themselves with the trading environment.

Leverage ratios for different products range from 1:100 to 1:500, allowing traders to maximize their potential returns. The minimum trade size is set at 0.01 lots, making it accessible for traders with varying capital levels. DMAX also has transparent overnight fees, ensuring that clients are well-informed about any costs associated with holding positions overnight.

6. Fund Management

DMAX supports a variety of deposit methods, including bank transfers, credit cards, and electronic wallets such as Skrill and Neteller. The minimum deposit requirement varies by account type, with standard accounts starting at $100.

Deposits are processed swiftly, typically within one business day, allowing clients to start trading without unnecessary delays. DMAX does not charge any fees for deposits, making it cost-effective for clients to fund their accounts.

Withdrawals can be made through the same methods used for deposits, with processing times generally ranging from 1 to 3 business days. DMAX maintains a transparent fee structure for withdrawals, ensuring that clients are aware of any associated costs before initiating a withdrawal.

7. Customer Support and Educational Resources

DMAX provides robust customer support through multiple channels, including telephone, email, online chat, and social media platforms. The support team is available 24/5, covering major global time zones to assist clients promptly.

The broker offers multilingual support, catering to a diverse clientele. Educational resources are a key focus for DMAX, with various offerings such as webinars, tutorials, and eBooks designed to enhance clients' trading knowledge and skills.

Additionally, DMAX provides market analysis services, including daily analysis, news updates, and research reports, helping traders stay informed about market trends and opportunities. The broker also offers various trading tools, such as calculators, economic calendars, and signal services, to assist clients in making informed trading decisions.

8. Regional Coverage and Restrictions

DMAX primarily serves clients in Europe, Africa, and the Middle East, leveraging its regulatory framework and market expertise to cater to these regions. The broker has established regional offices to enhance its service delivery and client engagement.

However, DMAX does not accept clients from certain countries, including the United States, Canada, and jurisdictions under strict financial regulations. These restrictions are in place to comply with international regulatory standards and ensure a safe trading environment for its clients.

In summary, DMAX is a well-regarded forex broker offering a comprehensive range of trading products and services. With a focus on regulatory compliance, advanced trading technology, and robust customer support, DMAX is well-positioned to meet the needs of both retail and institutional traders in the global forex market. The commitment to transparency and client education further enhances its appeal as a trusted partner in the trading journey.

DMAX Forex Broker has an overall rating of 1.51, Regulatory Index 0.00, License Index 0.00, Business Index 7.03, Software Index 4.00 Risk Control Index 0.00.

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