Demaxis Review
Table of Contents
Introduction
Demaxis is an online forex and CFD broker that was founded in 2022 and is currently based in St. Vincent and the Grenadines. The broker aims to empower traders with a wide range of services and opportunities in the global market. With over 1,200 tradable assets in CFDs, including forex, commodities, metals, shares, and cryptocurrencies, Demaxis provides a diverse and comprehensive trading experience.
Overview of Demaxis
- Established in: 2022
- Headquarters: St. Vincent and the Grenadines
- Regulations: SVGFSA (St. Vincent and the Grenadines Financial Services Authority)
- Minimum Deposit: $250
- Platforms: Proprietary Web-Based Platform
- Demo Account Available: Yes
- Leverage: 1:400
- Withdrawal Fee: None
- Inactivity Fee: None
Main Features of Demaxis
Broad Product Portfolio
Demaxis offers a wide range of tradable assets, including more than 500 CFDs. Traders can access major indices such as DAX, Dow Jones, FTSE, and S&P, as well as energy markets, commodities, and global stocks. The broker aims to provide comprehensive market coverage and investment opportunities.
Proprietary Trading Platform
Unlike many other brokers, Demaxis has invested in developing its own proprietary trading platform. This platform offers advanced technical tools, automated trading systems, and copy trading capabilities. It is accessible via web browsers on both desktop and mobile devices, providing a user-friendly and versatile trading experience.
Transparent and Secure Operations
While Demaxis does not hold licenses from top-tier regulators, it is regulated by the SVGFSA and complies with standard AML (Anti-Money Laundering) and KYC (Know Your Customer) policies. The broker maintains safety measures and provides negative balance protection for VIP clients. There is no history of misconduct or fund manipulation.
Customer Support
Demaxis prioritizes customer support and offers multiple communication channels. Traders can reach out to the support team through live chat, email, or phone. The customer support team is known for its prompt and helpful responses, catering to traders’ needs regardless of their experience level.
Fees and Account Opening
Demaxis has relatively high trading fees, and the fee structure varies across different account types. While the broker does not charge commissions for trading, the minimum deposit required to access lower spreads and better services is relatively high. However, the broker offers leverage of up to 1:400, providing traders with a competitive advantage.
Deposits and Withdrawals
Demaxis provides various payment methods for depositing funds into trading accounts. Credit/debit cards, bank transfers, and e-wallets are accepted. The deposit process is straightforward, requiring traders to log into their accounts, select their preferred payment method, enter the deposit amount, and provide the necessary payment details.
Trading Platforms
Demaxis stands out by offering its own proprietary web-based trading platform. This state-of-the-art platform provides advanced technical tools, fast trade execution, and automated trading options. It is accessible on both desktop and mobile devices, offering convenience and flexibility for traders.
Markets and Financial Instruments
Demaxis offers CFD trading in over 10,000 assets, with a wide range of options in various asset classes. Traders can access currencies, stocks, indices, commodities, and cryptocurrencies. The broker’s extensive selection ensures that traders have ample opportunities to capitalize on market movements and diversify their trading portfolios.
Customer Service and Education
Demaxis places great importance on customer service and provides multiple means of communication. Traders can reach the customer support team through live chat, email, or phone. The company’s education center offers resources, tutorials, and webinars to enhance traders’ knowledge and skills, catering to both beginner and experienced traders.
Conclusion
Demaxis is a legitimate CFD and forex broker that offers a diverse range of trading opportunities. While it is a relatively new broker in the market and does not hold licenses from top-tier regulators, it maintains regulatory compliance, follows standard security measures, and provides a transparent trading environment. Traders can benefit from the broker’s proprietary trading platform, broad product portfolio, competitive leverage, and responsive customer support.
Visit Demaxis to explore their services and start your trading journey today.
FAQs
1. Is Demaxis regulated?
Demaxis is regulated by the SVGFSA (St. Vincent and the Grenadines Financial Services Authority).
2. What is the minimum deposit required to open an account with Demaxis?
The minimum deposit required is $250 or equivalent. However, higher deposits may be necessary to access better spreads and services.
3. Does Demaxis charge withdrawal fees?
No, Demaxis does not charge withdrawal fees.
4. Can I access Demaxis’s trading platform on mobile devices?
Yes, Demaxis’s proprietary trading platform is accessible on both desktop and mobile devices through web browsers.
5. What types of assets can I trade with Demaxis?
Demaxis offers a wide range of assets for trading, including currencies, stocks, indices, commodities, and cryptocurrencies.
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