TradeMax Review is Trademax.co Scam or Should I Invest

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Trading Education, Free Demo Account!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker. Only For Experienced Traders!

TradeMax Review: is Trademax.co Scam or Should I Invest?

TradeMax Review: Trademax Limited claims it could make you good profits from cryptocurrency trading and mining. How true is this? You may have come across many systems on the internet promising you quick fortunes, the truth is that majority of them turn out to be scams. In this review of Trademax.co, we provide you information based on our investigations and user experiences to help guide you make the proper decision.

HAVE YOU BEEN SCAMMED? If you have lost your money to online scammers, there is an opportunity you could get back your money.

Click HERE to start the recovery process

Trademax.co Scam Review: Disturbing Things Found

Most of this scam quick-profit investment schemes are HYIPs. What is a HYIP? It is a just a type of ponzi scheme. Initial investors only get paid when new people sign up and invest, what this means is that you are under pressure to bring in new investors so that you will get paid. As soon as the amount of new investor drops, the owners do away with the money invested, and the site is closed down since there is no longer enough money to pay initial investors. Those that benefit most times are the first investors. The system is not sustainable because it will surely shut down abruptly leaving your money trapped in the hands of the scammers that set it up initially.

Most of them provide a registration certificate and so-called evidence of payments. Don’t be deceived, anybody could get a sham address and certificate most especially from the Company House in UK which most of them use, for just £5. These companies claiming to be located in the UK or similar countries are not in actual sense located there.

Trademax Limited is not a legit investment platform. Don’t be deceived by their promises.

Conclusion

Everyday we get complaints of people been scammed. Most people fall for these schemes because of the sweet promises of making huge profits within a short time. On a serious note, legit systems exists but scams are very very numerous. So you need a guide to help you make a good decision. We have made it our duty, by exposing scams.

Our Recommendation

They are lots of online investment opportunities which could fetch you money and give you a good Return On Investment. We constantly search them out to guide our readers so they don’t fall for scams. Always feel free to interact with us in the comment section.

TradeMax Review

TradeMax is a forex broker offering forex trading services via MetaTrader 4 and MT4 mobile trading platforms. Regarding orders execution model, TradeMax Capital is an a-book broker. TradeMax offers to trade currencies, indices, CFDs and commodities. TradeMax is regulated by the ASIC (Australia). Is TradeMax Capital scam or reliable?

This is a free directory listing of Australian Forex broker TradeMax. Therefore, the information about the TradeMax review is limited and no scoring was provided.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Trading Education, Free Demo Account!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker. Only For Experienced Traders!

Overview

Reviewed By

Our Broker Review methodology

Our mission is to provide online investors with the most unbiased, comprehensive reviews and ratings of self-directed brokers. Vetted by multiple industry experts – including a financial research firm with more than 20 years of experience in broker ratings – Our Broker Ratings and Reviews embody industry best practices for research design.

TRADING PRODUCTS

Rank Standard Premium Pro Raw Spread Account
Minimum Deposit $1,000 USD $50,000 USD $100,000 USD $100,000 USD
Leverage 1:400 1:400 1:200 1:200
Dedicated Account Manager Yes Yes Yes Yes
VIP desk No No Yes Yes
Free VPS No No Yes Yes
MAMM Service No No Yes Yes

So, how can one make money trading in the foreign exchange market?

In the forex market, you are buying or selling a currency. Placing a trade in the forex market is simple. The mechanics of a trade are very similar to those found in other markets such as the stock market or commodities market. You are anticipating that the price will change so that the value of the currency you bought will increase in value compared to the one you sold.

In forex, as you are essentially selling one currency to buy another currency simultaneously, they are always quoted as pairs. Therefore, currency exchange rates that you see when you go to the banks to exchange your currency before you travel, you’ll see the price of a nation’s currency in terms of another currency.

When starting out, you must learn to be familiar with what is happening around the world. The more knowledgeable you are, the better you will be able to manage your portfolio. Below are the most traded currency pairs in the forex market, known as major pairs. As they are the most heavily traded currencies in the market, they tend to have influence and determine the movement of other smaller pairs that are less frequently traded (eg, USD/SGD)

Rank Currency pair % of daily volumn traded
1 EUR/USD 24.1%
2 USD/JPY 18.3%
3 GBP/USD 8.8%
4 AUD/USD 6.8%
5 USD/CAD 3.7%
6 USD/CHF 3.4%
7 EUR/JPY 2.8%
8 CNY/USD 2.1%
9 EUR/GBP 1.9%
10 NZD/USD 1.5%

In forex, investors use leverage to profit from the fluctuations in exchange rates between two different countries. The leverage that is achievable in the forex market is one of the highest that investors can obtain. Leverage is a loan that is provided to an investor by the broker that is handling the investor’s or trader’s forex account. When a trader decides to trade in the forex market, he or she must first open a margin account with a forex broker. Usually, the amount of leverage provided is either 50:1, 100:1 or 200:1,depending on the broker and the size of the position that the investor is trading. what does this mean? A 50:1 leverage ratio means that the minimum margin requirement for the trader is 1/50 = 2%. A 100:1 ratio means that the trader is required to have at least 1/100 = 1% of the total value of trade available as cash in the trading account, and so on. Standard trading is done on 100,000 units of currency,so for a trade of this size, the leverage provided is usually 50:1 or 100:1. Leverage of 200:1 is usually used for positions of $50,000 or less.

When using leverage, it’s important to use risk management techniques to limit losses. Many forms of risk management fall under the technical analysis umbrella. For example, stop-loss points may be set near support or resistance levels.

To trade $100,000 of currency, with a margin of 1%, an investor will only have to deposit $1,000 into his or her margin account. The leverage provided on a trade like this is 100:1. Leverage of this size is significantly larger than the 2:1 leverage commonly provided on equities and the 15:1 leverage provided in the futures market. Although 100:1 leverage may seem extremely risky, the risk is significantly less when you consider that currency prices usually change by less than 1% during intraday trading. If currencies fluctuated as much as equities, brokers would not be able to provide as much leverage.

Although the ability to earn significant profits by using leverage is substantial, leverage can also work against investors. For example, if the currency underlying one of your trades moves in the opposite direction of what you believed would happen,leverage will greatly amplify the potential losses. To avoid such a catastrophe, forex traders usually implement a strict trading style that includes the use of stop and limit orders.

Best Binary Options Brokers 2020:
  • Binarium
    Binarium

    The Best Binary Options Broker 2020!
    Perfect For Beginners!
    Free Trading Education, Free Demo Account!
    Get Your Sing-Up Bonus Now!

  • Binomo
    Binomo

    Good Broker. Only For Experienced Traders!

Like this post? Please share to your friends:
Binary Options Guide For Beginners
Leave a Reply

;-) :| :x :twisted: :smile: :shock: :sad: :roll: :razz: :oops: :o :mrgreen: :lol: :idea: :grin: :evil: :cry: :cool: :arrow: :???: :?: :!: