Search

Maike Broker Review

7.86

WikiFX monitor

Risk Control

Global public opinion

Software Index

No software

  

Maike 2025 Review: Everything You Need to Know

  In 2025, Maike continues to be a prominent player in the forex and CFD trading landscape, albeit with mixed reviews from users and analysts alike. While it is recognized for its established presence in the market, concerns regarding regulatory oversight and customer service persist. Notably, the platform does not support popular trading software like MT4 or MT5, which may deter some traders.

  Note: It is important to highlight that Maike operates under different entities in various regions, which can significantly impact user experience and regulatory compliance. This review is based on a comprehensive analysis of multiple sources to ensure fairness and accuracy.

  

Ratings Overview

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service & Support 4
Trading Experience 5
Trustworthiness 3
User Experience 5

  How We Rate Brokers: Our ratings are derived from a combination of user feedback, expert analysis, and factual data regarding broker operations.

  

Broker Overview

  Established in 1993, Maike is headquartered in Xi'an, Shaanxi Province, China. The broker offers a variety of trading services, including access to forex, CFDs, commodities, and indices. However, it does not support popular trading platforms like MT4 or MT5, which are widely used in the industry. Maike is regulated under the China Futures Market Association (CFFEX), but it has received criticism for its lack of comprehensive regulatory oversight.

  

Detailed Breakdown

  

Regulatory Regions

  Maike operates primarily in China, where it is regulated by CFFEX. However, the lack of robust international regulatory oversight raises concerns regarding its trustworthiness. According to WikiFX, there are reports of high potential risks associated with trading on this platform, and users are advised to exercise caution.

  

Deposit/Withdrawal Currencies and Cryptocurrencies

  Maike primarily accepts deposits in Chinese Yuan (CNY) and may support other major currencies, though specific details on supported currencies are limited. The platform does not currently offer cryptocurrency trading options, which may be a drawback for traders looking to diversify their portfolios.

  

Minimum Deposit

  The minimum deposit required to open an account with Maike is relatively standard compared to industry norms, though exact figures are not clearly stated in the sources reviewed. Users are encouraged to contact customer support for specific details.

  

Bonuses/Promotions

  Information regarding bonuses or promotional offers is scarce. The absence of promotional incentives may limit its appeal to potential traders who often look for attractive sign-up bonuses.

  

Tradable Asset Classes

  Maike provides access to various asset classes, including forex pairs, CFDs, commodities, and indices. However, the lack of detailed information on the specific instruments available for trading makes it challenging for users to evaluate their options fully.

  

Costs (Spreads, Fees, Commissions)

  The overall trading costs, including spreads and commissions, are rated at 5.8 out of 10. According to PediaFX, Maike's execution speed and spreads are average, which may not be competitive compared to other brokers in the market.

  

Leverage

  The leverage options available on Maike are not explicitly mentioned in the sources reviewed, which could be a concern for traders looking for specific leverage ratios to maximize their trading strategies.

  

Allowed Trading Platforms

  Maike does not support MT4 or MT5, which are industry standards for many traders. This limitation could hinder user experience, particularly for those accustomed to these platforms' functionalities.

  

Restricted Regions

  While Maike primarily serves clients in China, there is limited information on specific regions where trading might be restricted. Users are advised to check the platform's terms of service or contact support for clarification.

  

Available Customer Service Languages

  Customer service at Maike appears to be limited, with reports indicating that support is primarily available in Chinese. This may pose challenges for non-Chinese speaking users seeking assistance.

  

Ratings Recap

Category Rating (out of 10)
Account Conditions 5
Tools and Resources 6
Customer Service & Support 4
Trading Experience 5
Trustworthiness 3
User Experience 5

  

Detailed Rating Breakdown

  •   Account Conditions (5/10): The account conditions offered by Maike are average, with a minimum deposit requirement that aligns with industry standards. However, the lack of clear information on fees and commissions is a drawback.

  •   Tools and Resources (6/10): While Maike provides access to various trading instruments, the absence of popular trading platforms like MT4 or MT5 limits the tools available to traders, impacting overall user experience.

  •   Customer Service & Support (4/10): Customer service has been criticized for its lack of responsiveness and limited language options. Users have reported difficulties in obtaining timely assistance.

  •   Trading Experience (5/10): The trading experience is average, with execution speeds and spreads that do not stand out in the competitive landscape. Users may find the platform lacking in advanced trading features.

  •   Trustworthiness (3/10): Given the mixed reviews regarding regulatory oversight and user experiences, Maike's trustworthiness is rated low. Users are advised to conduct thorough research before engaging with the broker.

  •   User Experience (5/10): Overall user experience is average, with some users expressing dissatisfaction with customer service and platform limitations.

  •   In conclusion, while Maike has established itself as a player in the forex market, potential users should weigh the pros and cons carefully. It is crucial to conduct thorough research and consider individual trading needs before deciding to engage with Maike.

Maike review