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A Comprehensive Demaxis Broker Review
Demaxis broker overview
Demaxis is an emerging Forex and CFD broker that offers a wide range of tradable instruments across different markets. The company is based in Saint Vincent and the Grenadines and was founded in 2022. Although Demaxis is a relatively new entrant into the online trading arena, it has quickly gained popularity due to its user-friendly platform and innovative features.
One of the standout features of Demaxis is its proprietary web trader, which is available for desktop and mobile devices. In addition, the platform is highly intuitive and user-friendly, making it ideal for novice and experienced traders. Another critical feature of Demaxis is its wide range of tradable instruments, including currencies, indices, stocks, metals, digital currencies, and energies. The broker also offers a demo account to allow traders to test the platform and its features before committing to a live account.
Demaxis has yet to receive its regulatory licenses from the authorities, but they do have an offline broker-dealer license from Saint Vincent and the Grenadines authority. However, Demaxis doesn't support MT4 or any other third-party trading platforms.
The minimum deposit for a Demaxis live account is $500, and the maximum leverage is 1:400. The spreads are variable, and the exact spread limits are not mentioned on their website. They offer multiple trading accounts along with swap-free Islamic accounts.
Demaxis is a good choice for traders looking for a user-friendly platform with a wide range of tradable instruments. The Demaxis company is still in its early stages and doesn't have a long track record. However, Demaxis do have a solid foundation and are quickly gaining popularity in the online trading community.
As of now, Demaxis is yet to receive its regulatory licenses from the authorities. The company is based in Saint Vincent and the Grenadines, a well-known offshore haven for Forex brokers. Demaxis operates with an offline broker-dealer license from Saint Vincent and the Grenadines authority. Founded in 2022, Demaxis has implemented several advanced security measures to protect its clients' funds. For example, the client funds are segregated from the company's operating account and are kept in tier-1 banks. Moreover, Demaxis has also implemented SSL encryption that helps to protect the client's personal and financial data from online threats.
Moreover, they've also implemented KYC, which requires the clients to submit their identity documents for account verification. In addition, Demaxis has also implemented AML (Anti-Money Laundering) policies to prevent any illegal activity. With AML, Demaxis can monitor client transactions and identify suspicious activity. Even though Demaxis is a new entrant into the online trading industry, they have taken several measures to ensure the safety of its client's funds.
In addition, Demaxis has also enhanced the overall security with 2FA, in which the clients have to use their mobile phones to confirm their login. Moreover, they have a dedicated FAQ section covering all the major topics related to online security in trading. You will find all the information related to the safety of your funds while trading with Demaxis. Demaxis payment modes are also secure as they support major credit/debit cards and popular e-wallets like Skrill, Neteller, and UnionPay.