Global Forex Broker Regulatory Inquiry APP


1.25 /10


Saint Vincent and the Grenadines

1-2 years

Suspicious Regulatory License

MT4/5 White Label

Regional Brokers

High potential risk

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License Index 0.00
Business Index 4.97
Risk Management Index 0.00
Software Index 4.00
Regulatory Index 0.00
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No valid regulatory information, please be aware of the risk!

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Broker Information


Company Name

Volmax Group Limited.

Company Abbreviation


Platform registered country and region

Saint Vincent and the Grenadines

Company website

Pyramid scheme complaint


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Warning: Low score, please stay away!
Previous Detection : 2023-06-06
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

VOLMAX · Company summary

VOLMAX 1196184993

General Information

VOLMAX is an offshore forex broker registered in Saint Vincent and the Grenadines, allegedly offering its clients access to a bulk of more than 150 trading instruments, spreads as low as 0.0 pips, 24 x4 customer support.

VOLMAX is the trading name of Volmax Group Limited, a company registered in Saint Vincent and the Grenadines. However, this brokerage house is not subject to any regulation, please be aware of the risk.


Market Instruments

VOLMAX says it offers its clients more than 150 trading instruments. Different types of trading assets including Foreign Exchange, Cryptocurrencies, Futures, and Indices are available through this brokerage platform.

How to open an account?

VOLMAX does not specify what types of account it offers, however, opening an account with it is an easy and simple process. Here are a few steps to follow:

1. Click “Create an Account” on the homepage of VOLMAX.

2. Fill out required details in the following form, including name, password, a valid email (for later verification), and password.

3. After registration, you can fund your account and start to trade with this brokerage.



VOLMAX hypes that it offers competitive spreads, as low as 0.0 pips, but it does not specify spreads on particular instruments.

Trading Platforms

VOLMAX offers its clients multiple trading platforms, including Desktop Platforms, IOS Apps, and Android apps.

Deposit & Withdrawal

In terms of deposit and withdrawal,VOLMAX appears to only support VISA, MasterCard as its payment methods. What best parts on using credit/debit cards to make a deposit and withdrawal is that it allows you 540 days to file for chargeback which gives you a fight chance to recover your money.

Educational Resources

VOLMAX says it offers some educational resources to help clients quickly acquaint themselves with forex trading, which include News and Trade Ideas, Trend Analysis and some trading tools.

Customer Support

Traders with any trading-related issues, or inquiries can only get in touch with VOLMAX through email. Additionally, you can also follow this brokerage through some social media platforms including Facebook, Twitter and Youtube.

Company Address: Suite 305, Griffith Corporate Centre, Beachmont, Box 1510 Kingstown, St. Vincent and the Grenadines.

User Reviews

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more than one year
My experience with VOLMAX is going well, from registering on the website up until I got my login details. Someone is always there to offer help when I needed it.
2022-12-11 11:32
more than one year
They said execution speed is less than 30ms, let me tell you guys, their execution speed was very slow. They are just telling lies. Customer support team were unreachable frequently.
2022-12-06 18:09
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