MaxiWyse Review

MaxiWyse Review

General Information

Broker Name: MaxiWyse

Broker Type: CFD

Country: /

Operating since year: 2022

Regulation: /

Address: /

Broker status: Active

 

Customer Service

Phone: +18009618537

Email: [email protected]

Languages: English

Availability: 24/5

Trading

The Trading platforms: Proprietary

Trading platform Time zone: /

Demo account: No

Mobile trading: Yes

Web-based trading: Yes

Bonuses: No

Other trading instruments: Yes

Account

Minimum deposit: $500

Maximal leverage: 1:400

Spread: Floating

Scalping allowed: Yes

REVIEW CONTENT

  • General Information & First Impressions
  • Fund and Account Security
  • Registration at MaxiWyse
  • The Trading Accounts
  • MaxiWyse’s Trading Platform
  • Funding and Pricing
  • Trading Products at MaxiWyse
  • Customer Service at MaxiWyse
  • Conclusion

 

Broker Review: MaxiWyse

Broker Review: MaxiWyse

General Information & First Impressions

MaxiWyse is a new broker that focuses on offering a clear, high-quality trading experience to its users. It started operating in 2022, making it a fresh entry in the online brokerage catalog. Our MaxiWyse review will present the broker’s qualities in a comprehensive manner. That will allow you to make an informed decision on whether you think the company is your future trading hub.

The broker’s focus on transparency is quite apparent, and we can see it in numerous aspects of the service. Of course, it starts from the broker’s website, maxiwyse.com.

There’ we can see numerous crucial conditions straight away. Even at a glance, you should have a solid idea of what MaxiWyse offers. That’s quite a solid advantage in the brokerage world that’s abstruse by nature.

We should also note that MaxiWyse is a CFD broker, greatly increasing its versatility. Like most CFD brokers, it focuses on its forex service, but that doesn’t mean it neglects the other asset categories. MaxiWyse has trading instruments from all categories, and its total library is quite deep. That makes the broker much more versatile, potent, and accessible. It means it can provide trading services to traders no matter their asset preferences. It also positions it as a good beginner tool, as it has everything a future trader needs to learn good fundamentals.

And while some traders have gripes with CFD trading, we believe they overexaggerate them greatly. For the vast majority, CFDs don’t make a noticeable difference, but they allow brokers to be much more versatile.

Overall, the impression we got for our MaxiWyse review was fantastic. It’s a serious company that focuses on user experience instead of what it wants to show.

Fund and Account Security

Fund and Account Security

Safety is undoubtedly one of the first things you need to know about a broker. If it doesn’t keep your funds and information safe, it doesn’t deserve your patronage. There’s also the related issue of scam brokers that seem to be multiplying rapidly as time goes on. Traders can’t be careful enough, as malicious companies can cause severe financial harm. If you’re unprepared, you can lose tens of thousands of dollars to such scams.

Luckily, MaxiWyse does seem to have the right intentions and doesn’t show any of the standard warning signs. In this part of our MaxiWyse review, we’ll elaborate on why we believe the company is safe.

And we can start from the broker’s legal documentation and terms & conditions. As we all know, these documents aren’t a rousing read, and are often impossible to comprehend for someone that isn’t a legal professional. Of course, such documents should be accessible to everyone, as they dictate the consumer-company relationship.

We were glad to find out that MaxiWyse made an effort to make these docs decipherable by anybody. Of course, they’re still not fun to read, but now you don’t need to hire a lawyer. It indicates the broker’s goodwill to push towards a better customer experience.

And as we mentioned earlier in our maxiwyse.com review, its website and overall service match that. The broker has clarity as one of its core values, which makes it much more trustworthy. It seems to be one of the few customer-oriented brokers that don’t blindly follow industry standards.

Everything about MaxiWyse’s behavior is reassuring and makes us confident that it’s secure. The broker communicates well and is competent at pre-resolving issues. That makes us doubt that anyone will face major safety issues trading with MaxiWyse.

Registration at MaxiWyse

MaxiWyse has a registration button in the top right corner of your screen. It hides itself while you’re scrolling down, but scroll up even a bit, and it will show up. That makes it simple to register whenever you decide to do so. Furthermore, there are numerous easily-identifiable buttons across the website with the same function. Overall, getting to the signup screen shouldn’t be a tall task for anyone.

The registration itself is simple as well. You’ll have to submit some basic info, such as your name, age, and address. Naturally, that’s so the broker can identify you and check whether you’re within its service requirements. Naturally, you’ll need to be of legal age to trade, but the broker doesn’t accept traders from the United States of America, North Korea, and Iraq.

The registration process also has an opt-in feature for the broker’s notification system. Other secondary features are the promo code entry and currency selection.

The Trading Accounts

MaxiWyse has a solid account structure that lets traders choose the way they prefer to trade. The sorting hinges on different cumulative deposit levels, with the cheapest account requiring $500. That’s because the broker’s services require a certain risk profile, and the $500 serves as disposable income proof. While it’s a bit over the industry standard, it’s still far from a daunting sum and places MaxiWyse in the budget-friendly broker group.

The base account has full access to the crucial service aspects, such as the platform and various tools to assist your trading. As we said earlier in our MaxiWyse review, the broker aims to be versatile, and its account structure helps that.

In total, there are seven account types, with each beyond the first adding luxury features. The later account types have private managers and special offers, showing the broker values loyalty. MaxiWyse struck a good balance where beginners can have a competitive experience while high-end traders enjoy luxury. The account upgrades don’t feel obligatory and instead hinge on personal preference.

Here are some of the features you can expect with different MaxiWyse.com accounts:

Standard

  • $500
  •  400:1 Leverage
  • Multiple markets access
  • Strategy & Indicator tools
  • Multi-language support
  • Competitive market prices

Classic

  • $2,500
  • 400:1 Leverage
  • Multiple markets access
  • Strategy & Indicator tools
  • Multi-language support
  • Competitive market prices
  • Multiple execution orders

Discovery

  • $10,000
  • 400:1 Leverage
  • Multiple markets access
  • Strategy & Indicator tools
  • Multi-language support
  • Competitive market prices
  • Multiple execution orders
  • Islamic Accounts

Advanced

  • $50,000
  • 400:1 Leverage
  • Multiple markets access
  • Strategy & Indicator tools
  • Multi-language support
  • Competitive market prices
  • Multiple execution orders
  • Islamic Accounts
  • Daily comprehensive analysis

Premium

  • $100,000
  • Full access to trading instruments
  •  Private account management
  •  Key market SMS & Push alerts
  •  Educational resources and tools
  •  Daily market analysis and insights
  •  Financial markets coverage
  •  Exclusive market updates

Professional

  •  $250,000
  • 400:1 Leverage
  • Multiple markets access
  • Strategy & Indicator tools
  • Multi-language support
  • Competitive market prices
  • Multiple execution orders
  • Islamic Accounts
  • Daily comprehensive analysis
  • Private Account Manager

Premium

  • $1,000,000
  • 400:1 Leverage
  • Multiple markets access
  • Strategy & Indicator tools
  • Multi-language support
  • Competitive market prices
  • Multiple execution orders
  • Islamic Accounts
  • Daily comprehensive analysis
  • Private Account Manager
  • Personalized market offers
  • Sophisticated resources

VIP

  • $10,000,000
  • 400:1 Leverage
  • Multiple markets access
  • Strategy & Indicator tools
  • Multi-language support
  • Competitive market prices
  • Multiple execution orders
  • Islamic Accounts
  • Daily comprehensive analysis
  • Private Account Manager
  • Personalized market offers
  • Sophisticated investment resources
  • Cummulative deposit bonus
  • Discount on market spreads
  • Invitations to market events

MaxiWyse’s Trading Platform

MaxiWyse's Trading Platform

MaxiWyse has a sophisticated trading platform that manages to retain ease of use while being highly potent. It achieves that by presenting itself via an accessible interface that even newbies should be able to understand. However, as you get more comfortable, you quickly realize that the platform has strong analysis functionality. It offers access to numerous markets, has exceptional order execution speeds, and has a broad collection of indicators.

You can access the platform via the WebTrader or as a phone app on Android or iOS systems.

Funding and Pricing

Pricing is one of MaxiWyse’s greatest strengths. As we said earlier in our maxiwyse.com review, the broker highly values transparency. As such, all of its pricing is entirely transparent, and it promises to offer an experience with low commissions and zero deposit fees. The platform also eliminates any commissions while trading, which increases the amount of money you’re left with.

It’s much of the same in the realm of funding, with various options present. You can deposit using a multitude of cards and other methods, guaranteeing that you can get money in and out of your account smoothly. All the different methods process quickly, so you won’t miss any trading opportunities in the downtime.

MaxiWyse’s Trading Products

As we said near the start of our MaxiWyse review, its asset library is quite versatile. Through CFDs, the broker lets traders access global markets for all trading product categories. That makes it a great transitory tool for traders that specialize in one type and want to branch out. It also makes skills such as diversification simple to integrate into your trading plan. Here’s the trading product category list at maxiwyse.com:

Customer Service at MaxyWise

MaxiWyse has a fairly standard customer support setup, and its team’s operating hours mostly match markets. That means traders will always be able to receive assistance when they need it. To reach the team, you can call, send an email, or use the live chat support function.

 

Phone: +18009618537

Email: [email protected]

Customer Service at MaxyWise

Conclusion

MaxiWyse is a competent company with many features that beat out competitors. One of the most refreshing things about it is how honest it is and how highly it values customer experience. It breaks away from standards to make sure users know it values them and cares about their security.

The more impressive thing is that it manages to remain highly functional besides that. Its trading features alone are potent enough for the company to be considered a serious competitor. We’ve mentioned them earlier in our MaxiWyse review, but the things we want to re-emphasize are the breadth of trading materials, affordable pricing, and flexible platform. The combination of its trading features shapes up interestingly and matches well with industry staples.

As you can already tell, we’re fairly content with what the broker can offer its customers. The blend of quality and comfort is something that’s sorely lacking in the online brokerage market. In the future, we hope companies take a similar approach and leave behind some user-unfriendly practices they employ.

To wrap up our maxiwyse.com review, we’d suggest trying the broker out. We believe it’s one of the best choices you can make currently as far as online brokerages go.