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MaxizOptions Review: Maxizoptions.com Brutal Broker

MaxizOptions Review: Maxizoptions.com Brutal Broker

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MaxizOptions (Maxizoptions.com) is an exact copy of another scam. Maxiz Options is using the same web information with Amex Financials. And this is why we must expose the rot brought in the industry by these brokers. Not many investors knew that the two share a similar website. The result is having members complain of the same withdrawal problems. None of the members have made any withdrawals since the start of the year. Read this transparent MAXIZOPTIONS Review for more information.

MaxizOptions Review

About MaxizOptions

The broker claims to be one of the leading Crypto and Forex brokers in the industry. Disclaimer at the footer of their homepage is exactly like that of Amex Financials. In short, these scam brokers decided to use the same web design but change the name. Scam brokers who reside in offshore locations are most likely behind this brokerage firm. It is the way they operate and fleece funds from unsuspecting investors. To stay safe, it is best to use approved brokers who are dedicated to their practice. With the right broker by your side, safety is guaranteed.

Regarding the broker’s trading history; a lot leaves to be desired. There is no information on the experience the broker brings to the table. Without a valid background and trading history, there’s not much to go on. These scam brokers are here trying to steal funds from unsuspecting investors. Thanks to our keen eye, we have exposed the tricks used by the cloned platform. Continue reading and find out why the platform is a huge problem. Don’t sign up with the broker as they are a group of online scam artists.

Assets Found on MaxizOptions

MaxizOptions simply claims they offer Cryptocurrencies and Forex assets. There is no information regarding which type of assets is available. Do they have one single Crypto coin or a number of them? Forex trading instruments are also not mentioned anywhere on the website. This leaves users unaware of the features available on the platform. Members are signing up to a platform whose trading conditions remain unknown. And this is jumping into a hot pan, it is better to stay away.

Business Owner

The broker claims to have a working address in New Brunswick, United States. A look at the company register in the States reveals no such company exists. These scam brokers have failed to mention the founding members of the platform. They also fail to give users names of staff members on their payroll. What they have done is post random pictures and names of people who are said to be staff members. These are the same people and pictures available on Amex Financials website.

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Claims used by Maxiz Options

MaxizOptions is using unfounded claims to try and sell their online reputation. At their homepage, they have posted what they term as awesome claims. These include having nearly 200,000 satisfied clients and 1923 active clients. A week from today, the number won’t change which means these are false numbers. Scam brokers will use every trick in the book to try and sell their platform as having a strong reputation. These are random numbers meant to throw off investors.

Domain Register Details

According to the trusted domain website register whois.net, they are barely a year old. Records show maxizoptions.com is a website that was created on 17th June 2019. And this is proof these scam brokers are using false information to fool investors. Claims of having over six years of trading experience are false. Thanks to domain registers, one can determine and prove when a broker was actually registered. It is best to stay away from this platform and use only recommended brokers.

License and Registration of MaxizOptions

The National Futures Association has no broker licensed under the name MaxizOptions. CFTC has no broker with the same name which means the broker is using false information. Either they are not located in the United States or have no credible trading license. Sadly, both of them are true, this is an offshore broker without a valid trading license. MaxizOptions is NOT LICENSED OR REGULATED to offer any online trading services. Investors should stay away as any deposits made are not insured.

European regulatory bodies plan to issue an alert over the use of this platform. Most members who have fallen victim to this platform happen to be of European descendant. Some of the regulatory bodies planning to issue an alert include BaFIN, CNMV, FCA, and FINMA. They want to protect other investors from falling into this trap. MaxizOptions does not post any details regarding their license and registration number. And this is proof of their lack of compliance.

Restrictions of MaxizOptions

Account Details

MaxizOptions Account Details

MaxizOptions is mum on whether they offer any account types to members. A closer look at their website reveals no information regarding account types. And this leaves a lot of questions than answers. What is the set minimum required deposit to start trading with the platform? Without such valuable information, the broker gets leeway to ask for any amount they deem fit. The industry has set $250 as the acceptable minimum deposit to start trading. Some members claim the broker asked a minimum deposit of $1,000 which is absurd.

Contact and Support

A look at their contact page reveals a disturbing fact; they fail to post a phone number. What these offshore brokers have done is use an email address as means of communication. The problem with email is it is one way. Scam brokers take advantage of this to know when a member wants to withdraw funds. Once members send a withdrawal request, the broker blocks the account. It is best to use platforms with live chat support before committing any funds to them.

Demo Account

On their Demo account’s page, users don’t have to open an account. The broker has already posted a demo account with three assets. All a member has to do is decide whether the prices will go up or down. One might think that this is a real demo account, you should not be fooled. The demo account behaves the same way no matter which asset you trade with. These scam brokers did not count on an investigation on their demo account. It is best to stay away from the demo.

Funding Accounts

Maxiz Options is using Credit Cards, Maestro, and Wire Transfers as means of funding accounts. These are easy to get depository channels making it possible for anyone to make a deposit. The channels also offer fast speed for depositing. It is not a good enough reason to sign up with Maxiz Options. Withdrawing funds has been a major issue with this platform. None of the members have been able to withdraw funds this past year. And this is reason enough to stay away from the platform.

Trading Terminal

The broker is not clear on the trading terminal users are expected to have. And this poses a great danger as users are blindly signing up to a ruthless platform. A member sent us a screenshot of the trading terminal which is far from perfect. These scam brokers are using a custom made platform with no security features. It is unstable and slow at executing speeds. Don’t try to download it as it is not compatible with other devices. Stay away from the platform and resist from signing up with the broker.

Safety of funds with MaxizOptions

Security of funds deposited is not guaranteed by an offshore broker. The broker is using a cloned website which means they are planning something soon. In most cases, these brokers will shut down shop before allowing members to withdrawal funds. Segregation of funds is not taking place. It is a clear indication of the broker’s inability to follow set industry regulations. MaxizOptions is pooling funds in one account putting all members at risk of losing the entire fund.

Scam or legit MaxizOptions

MaxizOptions Homepage

Facts are clearly indicating to the fact that MaxizOptions is a scam. Stay away from the platform and ensure no one else signs up. Mark their emails as spam and warn your loved ones on the dangers of using a cloned website. These are scam brokers who have a bad online reputation. Beware of calls from people who claim to be their account managers. They will want your credit card information and bank details. Block any calls from such scam artists.

Verdict

By adding this broker to our scam blacklist, we ensure no one else falls for this trap. Steer clear of such brokers or else risk losing everything. When dealing with Crypto trading, use approved brokers to help with safe trading.

We wish everyone a safe trading experience.

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