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Score

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/10

MSMAX

United States|5-10 years|
White label MT4|Regional Brokers|High potential risk|

https://www.msmax.co.uk

Website

Rating Index

MT4/5 Identification

MT4/5 Identification

White Label

2
Server Name
MSMaxGlobal-DEMO MT4
Server Location France

Contact

+1 9195568527
info@msmax.co.uk
https://www.msmax.co.uk

Licenses

No valid regulatory information, please be aware of the risk!

VPS Standard
No restriction on the broker account. Support service provided by WikiFX

Single Core

1G

40G

Open Now

Contact number

English

+1 9195568527

Broker Information

More

Company Name

MSMAX Ltd.

Company Abbreviation

MSMAX

Platform registered country and region

United States

Company website

Pyramid scheme complaint

Expose

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Warning: Low score, please stay away!
Previous Detection : 2024-05-22
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

WikiFX Verification

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MSMAX · Company Summary

Note: For some unknown reason, we cannot open MSMAXs official site (https://www.msmax.co.uk) while writing this introduction, therefore, we could only gather relevant information from the Internet to present a rough picture of this broker. Traders should be careful about this issue.

General Information & Regulation

General Information & Regulation

MSMAX, a trading name of MSMAX Ltd., is allegedly a financial company registered in the United States that claims to provide its clients with leverage up to 1:200 and floating spreads from 0.1 pips on the worlds leading MetaTrader4 trading platform, as well as a choice of four different live account types.

As for regulation, it has been verified that MSMAX does not fall under any valid regulations. That is why its regulatory status on WikiFX is listed as “No License” and receives a relatively low score of 1.41/10. Please be aware of the risk.

General Information & Regulation

Account Types

MSMAX claims to offer four types of trading accounts, namely Standard, Professional, ECN/STP and Premium VIP. The minimum initial deposit amount is only $10 for the Standard account, while the other three account types have much higher minimum initial capital requirements of $500, $1,000 and $1,000 respectively.

Leverage

The leverage provided by MSMAX is capped at 1:200. It is important to keep in mind that the greater the leverage, the greater the risk of losing your deposited capital. The use of leverage can both work in your favour and against you.

Spreads

MSMAX claims that the spread starts from 0.1 pips.

Trading Platform Available

The platform available for trading at MSMAX is the industry-standard MetaTrader4. In any case, we recommend using MT4 or MT5 for your trading platform. Forex traders praise MetaTrader's stability and trustworthiness as the most popular forex trading platform. Expert Advisors, Algo trading, Complex indicators, and Strategy testers are some of the sophisticated trading tools available on this platform. There are currently 10,000+ trading apps available on the Metatrader marketplace that traders can use to improve their performance. By using the right mobile terminals, including iOS and Android devices, you can trade from anywhere and at any time through MT4 and MT5.

Deposit & Withdrawal

The minimum initial deposit requirement at MSMAX is said to be only $10. However, the broker says nothing about the acceptable deposit and withdrawal methods.

Customer Support

MSMAX‘s customer support can be reached by telephone: +19195568527, email: info@msmax.co.uk, info@msmax.com. However, this broker doesn’t disclose other more direct contact information like the company address that most brokers offer.

Risk Warning

Online trading involves significant risk, and you may lose all of your invested capital. It is not suitable for all traders or investors. Please ensure that you understand the risks involved and note that the information contained in this article is for general information purposes only.

User Reviews

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4

Comments

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FX1658079365
more than one year
Before I received any response from the MSMAX service desk, the application displayed erroneous information, causing me to lose money and have a terrible day. When they finally replied, they initially believed it was my mistake. Eventually, they realized that the positions displayed on my screen were actually ten times their true value, with no acknowledgment of responsibility for this malfunction.
2024-03-25 14:40
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0
0
ocean
more than one year
I've been trying to verify my account with MSMAX since January, but they keep rejecting my proof of residence. I provided my electricity bill in my name issued within the past 3 months, but they said they still need my paystub. I sent that over, and then they asked for my tax documents. I sent those too, and still, they denied everything!
2024-02-07 18:04
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0
0
书怀
more than one year
I recently looked into MSMAX as a potential trading platform, but was disappointed to find out that they have no regulatory licenses. As a forex trader, safety and security of my investments is crucial, and I am hesitant to trust a company that does not have any oversight from a regulatory authority.
2023-03-23 10:24
Reply
0
0
小豐
more than one year
MSMAX are scammers. People stay away from this Company. They are not real. They never answer any of their numbers or emails. It’s all to fool people.
2022-12-19 17:23
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0
0
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