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Demaxis

Saint Vincent and the Grenadines|2-5 years|
Suspicious Scope of Business|High potential risk|

https://demaxis.com/

Website

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Contact

+1 8007652408
information@demaxis.com
https://demaxis.com/
Beachmont Business Centre, 311, Kingstown St. Vincent and the Grenadines

Licenses

No valid regulatory information, please be aware of the risk!

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Broker Information

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Company Name

Demaxis Ltd

Abbreviation

Demaxis

Platform registered country and region

Saint Vincent and the Grenadines

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Warning: Low score, please stay away!
Previous Detection : 2024-11-21
  • It has been verified that this broker currently has no valid regulation. Please be aware of the risk!

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Demaxis · WikiFX Survey

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Demaxis · Company Summary

Aspect Information
Registered Country/Area Saint Vincent and the Grenadines
Founded Year 1-2 years
Company Name Demaxis Ltd
Regulation No Regulation
Minimum Deposit $2,500
Maximum Leverage 1:400
Spreads Not specified
Trading Platforms Advanced Trading Platform (Desktop, Web, Mobile)
Tradable Assets Major/Exotic Currencies, Global Indices, Stocks, Energies & Commodities, Digital Currencies, Precious Metals
Account Types Beginner, Standard, Intermediate, Advanced, Integral, VIP
Demo Account Not mentioned
Islamic Account Not mentioned
Customer Support Telephone, Email, Social Media (Facebook, Instagram)
Payment Methods VISA, MasterCard, Wire Transfer, Bitcoin, and others
Educational Tools Economic Calendar, Technical Analysis

General Information

Registered in Hong Kong, Demaxis boasts that it provides multiple trading assets to clients, including Currencies, Indexes, Stocks, Energies, Commodities, Digital Currencies, and more. With this broker, the maximum trading leverage that can be used is up to 1:400.

This absence of regulation can increase the vulnerability of investors to fraudulent activities and inadequate investor protection measures. It is advisable to exercise caution and consider alternative brokers that have established regulatory oversight and investor protection mechanisms.

Despite the lack of regulatory oversight, Demaxis offers a wide range of trading instruments across various markets. Traders can access major and exotic currencies, global indices, popular stocks, energies and commodities, digital currencies, and precious metals. The broker also provides different account types to cater to the diverse needs and experience levels of its clients.

To open an account with Demaxis, visit their website and navigate to the account opening section. Fill in your personal information, select your country of residence, provide your birthdate and address details, review the information, and submit your account opening request. Further instructions will be provided to complete the account opening process, including identity verification and funding.

Demaxis offers a maximum account leverage of 1:400, allowing traders to control larger positions in the market with a smaller amount of capital. They accept various payment methods for deposits and withdrawals, such as VISA, MasterCard, Wire Transfer, Bitcoin, and others.

The broker provides a trading platform accessible through desktop, web, and mobile devices. This platform offers features like comprehensive account management, advanced charting tools, and various order types. Demaxis also offers trading tools such as an economic calendar and technical analysis tools to support traders' decision-making processes.

Demaxis provides customer support through telephone and email contact. However, online chat support is not available. Clients can reach out to the customer support team for general or trading-related queries by filling out a contact form on the website or connecting through social media platforms.

It is important to carefully consider the risks associated with trading with an unregulated broker like Demaxis and assess alternative options that offer stronger regulatory oversight and investor protection.

Demaxis is trading brand managed and operated by Demaxis Ltd., a trading firm that holds the registered number 26690BC2022 with a business address at Finance Center, 16 Harcourt Road, Hong Kong. This company does not hold any regulatory license to show it operates legally. Please be aware of the risk.

Pros and Cons

Demaxis presents a complex picture with both advantages and drawbacks. On the positive side, they offer a diverse range of trading instruments, including major currency pairs, global indices, stocks, commodities, digital currencies, and precious metals. They also provide access to popular payment methods, tailored account options, and a fast trading platform. However, it is important to consider the cons. Demaxis lacks regulatory oversight, which poses potential risks for investors. There is limited information on trading conditions, transparency, and deposit/withdrawal limits. Market volatility and uncertain conditions can also be a concern. Additionally, higher minimum deposit requirements and potential lack of clarity on transaction fees and processing time may deter some traders. It is crucial to carefully assess these factors before engaging with Demaxis.

Pros Cons
Diverse range of trading instruments Lack of regulatory oversight
Access to major currency pairs Potential risks associated with unregulated trading
Opportunity to trade global indices Limited information on trading conditions
Commission-free buying and selling of stocks Potential lack of transparency
Trading opportunities in commodities Uncertain market conditions and volatility
Mobile platform for trading on-the-go Limited investor protection measures
Tailored account options Minimum deposit requirements
Technical analysis tools available Limited market access for lower-tier accounts

Is Demaxis Legit?

Demaxis is a brokerage firm that currently lacks valid regulation. As of the latest detection on June 13, 2023, it has been verified that Demaxis does not possess a recognized regulatory status. This indicates that the company may not be subject to oversight by a financial regulatory authority. It is important to note that regulatory bodies play a crucial role in safeguarding investor interests, ensuring compliance with standards, and maintaining market integrity. Without proper regulation, there may be increased risks for investors, including potential fraudulent activities and inadequate investor protection measures. Therefore, it is advisable to exercise caution and consider alternatives with established regulatory oversight.

regulation

Market Instruments

Demaxis hypes that it provides multiple trading instruments. Different types of trading assets including Currencies, Indexes, Stocks, Energies, Commodities, Digital Currency Pairs.

Major/Exotic Currencies: Demaxis allows trading in major currency pairs like EURUSD, EURJPY, and GBPUSD, along with several cross currency pairs.

Global Indices: Traders can access and trade world-leading indexes such as DAX, FTSE, and Dow Jones through Demaxis's trading platform.

Popular Stocks: Investors have the opportunity to invest in over 200 stocks across core and emerging markets. Demaxis offers commission-free buying and selling of shares.

Energies & Commodities: Demaxis provides trading opportunities in large-scale commodities such as oil, including Crude and Brent Oil, natural gas, cocoa, corn, and more.

Digital Currencies: Through Demaxis's powerful platform, traders can engage in trading over 150 digital currencies, including popular ones like Bitcoin, Ethereum, and Cardano.

Precious Metals: Investors can consider safe-haven assets and take advantage of the volatility in precious metals such as gold, silver, platinum, palladium, and others.

 market-instruments
Pros Cons
Diverse range of trading instruments Lack of regulatory oversight
Access to major currency pairs Potential risks associated with unregulated trading
Opportunity to trade global indices Limited information on trading conditions
Commission-free buying and selling of stocks Potential lack of transparency
Trading opportunities in commodities Uncertain market conditions and volatility
Extensive selection of digital currencies Limited investor protection measures

Account Types

Demaxis provides six types of trading accounts for both retail and professional traders, namely Beginner, Standard, Intermediate, Advanced, Integral and VIP.

Minimum deposits to trade with Demaxis are quite high, with the Beginner from $2,500, the Standard from $5,000, the Intermediate from $25,000, the Advanced from $50,000, the Integral from $100,000, and the VIP from $250,000.

Obviously, it seems that Demaxis, thus unregulated forex broker, trying to defraud investors by asking for high deposits.

BEGINNER:

The Beginner account is suitable for those who are new to trading. It requires a minimum deposit of $2,500 and provides basic market access. There are no extra fees, and clients can enjoy features such as one-click trading, mobile apps, web trading, and free educational resources.

STANDARD:

The Standard account offers additional perks and benefits. With a minimum deposit of $5,000, clients gain basic market access, one-click trading, mobile apps, web trading, and free educational resources.

INTERMEDIATE:

The Intermediate account is designed for traders seeking extra trading features. It requires a minimum deposit of $25,000 and offers basic market access, one-click trading, free educational resources, web trading, and market updates.

ADVANCED:

The Advanced account provides premium account features. Clients need to deposit a minimum of $50,000 to access basic market features, one-click trading, support, personal push and SMS alerts, and exclusive market updates.

INTEGRAL:

The Integral account offers a personalized package and support. With a minimum deposit of $100,000, clients gain full market access, one-click trading, daily analysis, a private account manager, and free installment options.

VIP:

The VIP account is designed for high-net-worth individuals looking for exclusive trading benefits. To become a VIP member, clients need to deposit a minimum of $250,000. VIP members enjoy access to new features, best prices, priority support, and exclusive events, all managed by a VIP account manager.

account-types
Pros Cons
Tailored account options Minimum deposit requirements
Access to various trading features Limited market access for lower-tier accounts
Exclusive benefits for VIP members Higher minimum deposits for premium accounts
Potential risk associated with higher deposit requirements

How to open an account with Demaxis?

Opening an account with Demaxis is an easy and simple process:

1. Click the “Sign Up” link, and fill up some required details on the popping-up page.

account

2. Upload your personal data for this company to verify your details.

3. Choose the preferable payment methods, fund your account and start to trade with this forex broker.

Leverage

When it comes to leverage, Demaxis allows its clients to use leverage of up to 1:400, higher than the levels regarded appropriate by many regulators, with the maximum leverage for major forex up to 1:30 in Europe and Australia, and 1:50 in Canada and U.S.

Since leverage can magnify gains as well as losses, it can also cause serious fund losses, especially to inexperienced traders. Therefore, it is wise for beginners to choose the smaller size no more than 1:10 until they gain more trading experience.

Spreads & Commissions

To facilitate investing in the financial markets, Demaxis requires a minimum deposit of 2,500 USD. The broker provides various payment methods for both deposit and withdrawal transactions. Clients have the option to choose from multiple trading payment methods, including VISA, MasterCard, Wire Transfer, Bitcoin, and others.

Pros Cons
Availability of popular payment methods Lack of clarity on transaction fees and processing time
User-friendly interface for transactions Limited information on deposit and withdrawal limits
Lack of information on transaction currency options

Trading Platform

Demaxis provides access to the industry-leading MT5 trading platform, which can be accessed on any device, Windows, Desktop, IOS, and Android. The MT5 trading platform allows one-click operations for opening and closing trades, setting stops and entry limits, placing direct orders, setting and editing limit and stop loss, as well as charting.

 trading-platform

Aside from the MT5 trading platform, a Webtrader is also available.

Pros Cons
Fast trading platform Potential connectivity issues
User-friendly interface Limited customization options
Accessible across multiple devices Lack of educational resources
Comprehensive account management Limited research tools
Advanced charting tools Inconsistent customer support
Mobile platform for trading on-the-go Limited range of available markets

Resources Available

Aside from the MT5 trading platform, Demaxis also provides some resources and analysis, including Economic Calendar, Daily Technical Analysis.

Payment Methods

The minimum deposit to invest with Demaxis is $2,500, and this broker allows its clients to make a deposit and withdrawal through multiple trading payment methods, including VISA, MasterCard, Wire Transfer, Bitcoin, and more.

payment-methods

Customer Support

If clients have any inquiries or trading-related issues, they can try to reach out to Demaxis through some the following contact channels:

Telephone: +18007652408

Email: information@demaxis.com

Or you can also keep up with this broker on some social media platforms, such as Facebook and Instagram.

Online chat is not available, though it is considered as the most effective communication channel.

Restricted Areas

Demaxis does not provide services to residents of the United States, Irap, and North Korea.

Risk Warning

Trading leveraged products such as forex, cryptocurrencies and derivatives may not be suitable for all investors as they carry a high degree of risk to your capital. Please ensure that your fully understand the risks involved, taking into account your investments objectives and level of experience.

The information presented in this article is intended solely for reference purposes.

Trading Tools

Demaxis offers a range of trading tools to enhance your trading experience and keep you informed about the markets.

  1. Economic Calendar: Stay ahead of important global events that influence the markets with Demaxis' economic calendar. This tool provides you with key information about upcoming economic announcements, such as interest rate decisions, GDP releases, and employment reports. By staying informed about these events, you can make more informed trading decisions.

trading-tools
  1. Technical Analysis: Demaxis provides technical analysis tools to help you analyze market trends, gain insights, and make forecasts. This tool covers various asset classes, including stocks, commodities, indices, and more. By utilizing technical analysis, you can identify potential entry and exit points in the markets based on historical price patterns and indicators.

trading-tools
Pros Cons
Access to economic calendar No mention of additional tools
Technical analysis tools available Lack of details on tool accuracy and reliability
No details about educational support

Trading Hours

Demaxis provides information on the trading hours of major global market exchanges. Here is a brief summary of the opening and closing times for selected exchanges. The Eurex Germany is open from 03:10 to 00:00, while the Moscow Exchange operates from 10:50 to 19:39. The Tokyo Stock Exchange trades between 04:00 and 10:00, and the New York Stock Exchange is open from 17:30 to 00:00. Other notable exchanges include the London Stock Exchange, which operates from 11:00 to 19:30, and the Hong Kong Stock Exchange, which trades from 05:30 to 12:00. These trading hours allow traders to plan their activities based on the availability of these markets.

trading-tools

Customer Support

Demaxis provides several contact channels for clients to reach out regarding inquiries or trading-related issues. Clients can contact them through telephone at +18007652408 or via email at information@demaxis.com. Additionally, Demaxis maintains a presence on social media platforms like Facebook and Instagram for clients to stay updated.

However, it's important to note that online chat support is not available, which is often considered a communication channel. Clients are encouraged to use email, phone, or social media for general or trading-related queries.

If clients have any questions or need assistance, they can fill out a contact form on the Demaxis website, providing their full name, email address, subject, and message. The customer support team aims to address client inquiries during their operational hours from Monday to Friday, 9 AM to 5 PM.

customer-support

Conclusion

In conclusion, Demaxis is a brokerage firm that currently lacks valid regulation, which may raise concerns regarding investor protection and potential risks associated with unregulated trading. The company offers a diverse range of trading instruments, including major currencies, global indices, stocks, commodities, digital currencies, and precious metals. They provide different account types tailored to meet the needs of various traders, but there are minimum deposit requirements for each account tier. The maximum leverage offered by Demaxis is 1:400, allowing traders to amplify their positions but also increasing the risk involved. The broker accepts multiple payment methods for deposits and withdrawals, although there is limited information on transaction fees and processing times. Demaxis provides a user-friendly trading platform accessible on desktop, web, and mobile devices, offering comprehensive account management and advanced charting tools. They also offer trading tools such as an economic calendar and technical analysis, although details on their accuracy are not specified. The trading hours provided by Demaxis cover major global market exchanges, allowing traders to plan their activities accordingly. Customer support is available through telephone and email, as well as social media channels, but online chat support is not available. It is important to exercise caution and carefully consider the potential risks associated with trading through an unregulated broker like Demaxis.

FAQs

Q: Is Demaxis a regulated brokerage firm?

A: Demaxis currently lacks valid regulation, indicating a lack of oversight by a financial regulatory authority. This may increase risks for investors and affect investor protection measures.

Q: What trading instruments are available with Demaxis?

A: Demaxis offers a diverse range of trading instruments, including major/exotic currencies, global indices, popular stocks, energies & commodities, digital currencies, and precious metals.

Q: What types of accounts does Demaxis offer?

A: Demaxis offers multiple account types tailored to different trading requirements, including Beginner, Standard, Intermediate, Advanced, Integral, and VIP accounts.

Q: What is the maximum leverage offered by Demaxis?

A: Demaxis provides a maximum leverage of 1:400, allowing traders to amplify their trading positions but also increasing the associated risk.

Q: How can I open an account with Demaxis?

A: To open an account with Demaxis, visit their official website, locate the account opening section, fill in personal information, select your country of residence, enter your birthdate and address, review the information, and submit the account opening request.

Q: What are the deposit and withdrawal methods available with Demaxis?

A: Demaxis offers various payment methods for deposit and withdrawal transactions, including VISA, MasterCard, Wire Transfer, Bitcoin, and others.

Q: What trading platform does Demaxis provide?

A: Demaxis offers an Advanced Trading Platform accessible on desktop, web, and mobile devices, providing fast trading execution, a user-friendly interface, comprehensive account management capabilities, advanced charting tools, and various order types.

Q: What trading tools are available with Demaxis?

A: Demaxis offers an economic calendar to stay updated on important market events and technical analysis tools to analyze market trends and make forecasts.

Q: What are the trading hours for selected exchanges with Demaxis?

A: Demaxis provides information on the trading hours of major global market exchanges, allowing traders to plan their activities accordingly.

Q: How can I contact customer support at Demaxis?

A: You can contact Demaxis customer support via telephone at +18007652408 or through email at information@demaxis.com. Online chat support is not available, but they can be reached through social media platforms like Facebook and Instagram.

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