Company Information

Get to know ForexMax

ForexMax presents itself as a global financial brokerage providing access to the financial markets through the MetaTrader 4 (MT4) platform. The company offers leveraged trading on a variety of assets, including currency pairs, global indices, precious metals, and cryptocurrencies. It is registered as an International Business Company (IBC) in St. Vincent and the Grenadines, an offshore jurisdiction where the local financial authority (SVGFSA) does not issue licenses or regulate forex brokerage activities. The company has been the subject of multiple warnings from European financial regulators.

Industry

Forex Retail BrokerPRIMARY
Financial Other Service

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ForexMax

United Kingdom

Founded in

2003 (23 Years)

Founded

Last online: No recent activity

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OVERALL SCORE

Licenses

--/40

Reviews

--/60

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TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.

Regulated

Recommended

IUX

(2,283 reviews)

Mauritius

2015

(10 years)

Security Information :

FSCA

FSC

ASIC

Security Information

Warning

This company is currently Unproved.

Please be cautious of the potential risks!

License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.