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Maxpro365 foreign exchange brokers specializing in providing foreign exchange trading services, the company's official website https://private.in-maxpro365.com/signup, about the company's legal and temporary regulatory information, the company's address PROVINCE 01 SAN JOSÉ, CANTON 09 SANTA ANA, POZOS, PARǪUE EMPRESARIAL FORUM I, BUILDING E, FIRST FLOOR, COSTARICA.

Maxpro365 Forex Broker

Basic Information

Registered Region
Costa Rica
Operating Period
--
Company Name
TA Capital Markets Limited
Abbreviation
Maxpro365
Company employee
--
Customer Service Email Address
support@maxpro365.com
Contact Number
+442045864831
Company Website
Company address
PROVINCE 01 SAN JOSÉ, CANTON 09 SANTA ANA, POZOS, PARǪUE EMPRESARIAL FORUM I, BUILDING E, FIRST FLOOR, COSTARICA
Keywords
1-2 years
Suspicious Regulatory License
Suspicious Scope of Business
High potential risk

Rating Index

How to login to Maxpro365?
Maxpro365 Complete Account Guide: Registration, Account Opening, and Login Processes This comprehensive guide will walk you through the Maxpro365 platform, detailing the registration, account opening, and login processes. Whether you are a new user or encountering issues, this guide will provide you

Maxpro365 Forex Broker - Complete Information Guide

1. Broker Overview

Maxpro365 broker is an online trading platform that presents itself as a provider of innovative trading solutions across various financial markets. The platform was registered on September 11, 2024, and is set to expire on September 11, 2025. However, the lack of a clear operational history raises concerns about its legitimacy. The company claims to operate without a physical headquarters, which is a significant red flag for potential investors.

Maxpro365 primarily targets retail traders, offering access to various financial instruments, including forex, commodities, and cryptocurrencies. The platform has garnered attention for its aggressive marketing tactics, often attracting users with promises of high returns and lucrative trading opportunities. However, numerous complaints from users suggest that these promises may not be fulfilled, leading to significant financial losses.

The business model of Maxpro365 appears to be focused on retail forex trading, but its lack of regulation and transparency raises questions about its practices and the safety of client funds. Users have reported difficulties in withdrawing their funds, indicating potential issues with the platform's operations.

2. Regulatory and Compliance Information

Maxpro365 operates as an unregulated broker, which is a significant concern for potential traders. The absence of oversight from recognized financial authorities means that there is little to no protection for investors. The platform has been flagged on various broker alert lists due to several warning signs, including:

  • Lack of Regulation: Maxpro365 does not hold licenses from any major regulatory bodies such as the Financial Conduct Authority (FCA), Australian Securities and Investments Commission (ASIC), or the U.S. Commodity Futures Trading Commission (CFTC).
  • Customer Fund Protection: There is no clear policy on the segregation of client funds, which increases the risk of loss in case of financial difficulties faced by the broker.
  • KYC and AML Compliance: While the platform claims to have Know Your Customer (KYC) and Anti-Money Laundering (AML) measures in place, the lack of regulatory oversight raises doubts about the effectiveness of these policies.

Given these factors, it is crucial for potential clients to approach Maxpro365 with caution.

3. Trading Products and Services

Maxpro365 offers a range of trading products, primarily focusing on forex currency pairs and Contracts for Difference (CFDs). The specifics of their offerings include:

  • Forex Currency Pairs: The platform provides access to a selection of major, minor, and exotic currency pairs, although the exact number of pairs is not disclosed.
  • CFD Products: Traders can engage in CFD trading across various asset classes, including indices, commodities, stocks, and cryptocurrencies. However, the platform lacks transparency regarding the specific products available.
  • Special Products: There are no unique products or trading instruments highlighted by Maxpro365, which may limit trading opportunities for users seeking diverse investment options.
  • Market Updates: The frequency of product updates and the introduction of new trading instruments are not clearly communicated, which can impact traders' decision-making.

The focus on retail trading services indicates that Maxpro365 aims to attract individual traders rather than institutional clients.

4. Trading Platform and Technology

Maxpro365 provides access to a web-based trading platform, but there are concerns regarding its functionality and user experience. Key aspects include:

  • Trading Platform: The platform does not support popular trading software like MetaTrader 4 or MetaTrader 5, which are widely used in the industry for their advanced features and user-friendly interfaces.
  • Mobile Application: There is no mention of a dedicated mobile application for iOS or Android, limiting traders' ability to manage their accounts on the go.
  • Execution Model: The trading model used by Maxpro365 is not explicitly stated, raising questions about whether it operates as an ECN (Electronic Communication Network), STP (Straight Through Processing), or Market Maker.
  • Technical Infrastructure: Details regarding server locations and the underlying technology infrastructure are not provided, which are crucial for assessing the reliability and speed of trade execution.
  • API Access: There is no information available about API access or support for automated trading, which are essential features for many traders.

These limitations may hinder traders' ability to execute trades efficiently and effectively.

5. Account Types and Trading Conditions

Maxpro365 offers various account types, but specific details regarding the conditions for each account type are scarce. Key points include:

  • Standard Account Conditions: The minimum deposit requirement, spreads, and commissions are not clearly defined on the platform, making it difficult for potential clients to assess the cost of trading.
  • Advanced Account Types: Information on VIP or professional accounts is not provided, which may limit options for experienced traders seeking enhanced trading conditions.
  • Special Accounts: There is no mention of specific account types such as Islamic accounts or corporate accounts.
  • Demo Account Policy: The availability of a demo account is not indicated, which is a significant drawback for beginners wanting to practice trading without financial risk.
  • Leverage Ratios: The platform reportedly offers high leverage, but the exact ratios for different products are not specified, increasing the risk for traders.
  • Minimum Trade Sizes: Details about the minimum trade sizes are not disclosed, which can impact trading strategies.

Overall, the lack of transparency regarding account types and trading conditions is a significant concern for potential clients.

6. Funds Management

Maxpro365 provides several options for fund management, but specific details are limited:

  • Deposit Methods: The broker supports various deposit methods, including bank transfers, credit cards, and e-wallets. However, the exact options available are not detailed.
  • Minimum Deposit Requirements: Different account types may have varying minimum deposit requirements, but specific figures are not provided.
  • Deposit Processing Times: Information on how long deposits take to process is not available, which can affect traders' ability to start trading promptly.
  • Deposit Fees: The platform does not clearly state any fees associated with deposits, which could lead to unexpected costs for traders.
  • Withdrawal Methods and Restrictions: Withdrawal options and any associated limitations are not mentioned, raising concerns about the ease of accessing funds.
  • Withdrawal Processing Times: The time taken for withdrawal requests to be processed is not specified, which is critical for traders needing timely access to their funds.
  • Withdrawal Fee Structure: There is no information available regarding withdrawal fees, which can impact traders' overall profitability.

The overall lack of clarity regarding funds management is a significant drawback for potential clients considering Maxpro365.

7. Customer Support and Educational Resources

Maxpro365 claims to offer customer support and educational resources, but specifics are lacking:

  • Support Channels: The platform provides support through various channels, including phone, email, and online chat, although the availability of each channel is not specified.
  • Service Hours and Time Zone Coverage: There is no information on the service hours or the time zones covered by customer support, which can affect accessibility for international clients.
  • Multilingual Support: The languages supported by the customer service team are not mentioned, which could limit assistance for non-English speaking clients.
  • Educational Resources: The types of educational resources available, such as webinars, tutorials, and eBooks, are not detailed, which may hinder traders' ability to enhance their trading skills.
  • Market Analysis Services: There is no mention of daily analysis, news updates, or research reports, which are essential for informed trading decisions.
  • Trading Tools: The platform does not specify any trading tools provided, such as calculators, calendars, or signal services, which are valuable for traders.

The lack of comprehensive customer support and educational resources is a significant concern for potential users of Maxpro365.

8. Regional Coverage and Restrictions

Maxpro365 appears to have a broad service market, but specific details regarding regional coverage are unclear:

  • Primary Service Markets: The platform targets a global audience, but specific countries or regions are not explicitly mentioned.
  • Regional Offices: There are no details provided about regional offices, which could enhance trust and support for local traders.
  • Countries/Regions Not Accepted: The platform does not specify any countries or regions from which clients are not accepted, which is critical for compliance and regulatory reasons.
  • Special Restrictions: There are no indications of special restrictions on trading activities or account openings for specific demographics or regions.

The lack of clear information regarding regional coverage and restrictions raises concerns about the platform's accessibility and compliance with local regulations.

In conclusion, while Maxpro365 presents itself as a forex broker offering various trading products and services, the significant concerns regarding regulation, transparency, and customer support highlight the need for potential clients to exercise caution. The maxpro365 broker should be thoroughly researched before any financial commitments are made.

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Latest Reviews

FX4003753409

FX4003753409

India

India Exposure No respond after the investment accounts manager Andrea called me on last week on dec 2024 , and pushed me to invest 200$ (17600inr) i have deposited the relevant after the investment she requested me to send documents and given me some trades which is around . But until now i am not getting any response from her , even from the company side. I have tried to put withdrawal it is showing in my portal as process pending. such a worst experience. kindly give my harden money back.

Exposure

02-04

FX1463065232

FX1463065232

India

I invest 200 dollars don't response waste of time money is lost be carefully other person Max Pro 365 call come you reject very very most scam carefully no support no contact I will experience so be carefully

Exposure

02-01

FX4213033709

FX4213033709

India

Called me from Max Pro 365 or made me invest 500 dollars on the pretext of teaching me trading, called a person named Hare Krishna as a trading expert or forced me to invest 5000 dollars, kept trading for 10 to 12 days or showed profit but kept withdrawing. They talked about doing a big A/C but I started processing the withdrawal on 13/12/24. I am seeing that there is a withdrawal of 3 to 4 hours in the account or there is a movement band in the next day trading. Krishna is present in all the recordings. No one has called since this morning. Please refund my money.

Exposure

2024-12-14

Maxpro365 Forex Broker has an overall rating of 1.19, Regulatory Index 0.00, License Index 0.00, Business Index 4.54, Software Index 4.00 Risk Control Index 0.00.