Updated: 05/10/2024

Demaxis

Demaxis Review

4 / 5
80 ratings
Learn More
.22 Apr 2023
author avatar image Chad Smith

Table of Contents

Overview

Demaxis Main Features
Feature Title Feature Value
🗺️ Year Founded 2020
🏢 Headquarters St. Vincent and the Grenadines
⚖️ Tier-3 Licenses Yes
Minimum Initial Deposit $250
Demo Trading Yes
Leverage (EU Clients) 1 : 500
Leverage(Non-EU-Clients) 1 : 500
Average Spread EURUSD 0.8 pips
💰 Withdrawal fee No
Withdrawal Time Same day
💰 Inactivity Fee No

Demaxis is an online forex and CFD broker founded in 2022 and based in St. Vincent and the Grenadines. The broker aims to empower traders with services that unlock numerous opportunities in the global market.

With a diverse range of more than 1,200 tradable assets in CFDs across forex, commodities, metals, shares, and cryptocurrencies, Demaxis offers a comprehensive selection for traders. Managed and operated by Demaxis Ltd., the broker strives to provide a reliable, interactive, and user-friendly trading environment to enhance traders’ experience.

What Did We Like about the Broker

Demaxis offers several advantages that make it an attractive choice for traders:

  • Great proprietary trading platform: Demaxis has developed a proprietary web-based platform that provides an exceptional trading experience. The platform is user-friendly, technologically advanced, and equipped with a range of tools and features to support traders in their trading activities.
  • Broad product portfolio: With over 1,200 tradable assets, Demaxis offers a diverse range of CFDs across multiple asset classes. Traders can access various markets, including currencies, stocks, indices, commodities, and cryptocurrencies, allowing for extensive market exposure and potential trading opportunities.
  • Leverage up to 1:400: Demaxis provides leverage of up to 1:400, allowing traders to amplify their trading positions and potentially increase their profits.
  • Fast NDD order execution: The broker ensures fast and efficient order execution through its No Dealing Desk (NDD) model, enabling traders to execute their trades promptly and take advantage of market movements.

Account Types & Pricing

Demaxis offers three different trading accounts to cater to the needs of various traders:

  1. Learn Account:
    • Free Demo Account
    • Step-by-step tutorials & articles
    • Online webinars & local seminars
    • Personal Account Manager
  2. Trade Account:
    • Tight spreads
    • Superfast trade execution
    • Hi-tech Forex trading tools
    • Ultimate risk protection & security
  3. Invest Account:
    • No need to be experienced
    • Wide selection of trading strategies
    • Profit sharing with successful managers
    • Full control of your investment

Specific pricing information is not readily available, and traders should consider the features and benefits of each account type when choosing the most suitable option.

Trading Platforms

Demaxis differentiates itself by offering its proprietary web-based trading platform. Developed with advanced technology, the platform provides traders with a reliable, interactive, and user-friendly trading environment. It offers advanced charting tools, trading indicators, and order execution capabilities. While the platform is accessible through web browsers, it is not available as downloadable software. Traders can access the platform on both mobile and desktop devices.

Customer Support & Education

Demaxis places a strong emphasis on customer support and provides various channels for traders to reach their customer support team. Live chat, email support, and phone support are available, ensuring prompt and responsive assistance to address traders’ needs.

The broker also recognizes the importance of client education and provides educational resources to enhance traders’ knowledge and skills. Once the minimum deposit requirement is met, clients gain access to the company’s education center, which includes step-by-step tutorials, articles, online webinars, and local seminars. Additionally, a personal account manager is available to guide and support traders throughout their trading journey.

Demaxis vs. Competitors

In the competitive landscape of forex and CFD brokers, Demaxis stands out with its proprietary trading platform, broad product portfolio, leverage options, and fast order execution. While the broker’s fees and minimum deposit requirements may be considered drawbacks, it’s strengths and unique features make it a compelling choice for traders seeking diverse trading opportunities.

Conclusion

In conclusion, Demaxis is a legitimate online forex and CFD broker that offers a range of trading services to empower traders in the global market. With its proprietary trading platform, broad product portfolio, leverage options, and commitment to customer support and education, Demaxis provides traders with the tools and resources to pursue their trading goals. While considering the trading fees and minimum deposit requirements, traders can evaluate whether Demaxis aligns with their individual needs and preferences.

FAQs

Is Demaxis regulated?

Demaxis is regulated by St. Vincent and the Grenadines Financial Services Authority (SVGFSA).

Is Demaxis a safe broker to trade with?

Although Demaxis is not regulated by a top-tier regulator, it adheres to safety, AML, and KYC standards. The broker maintains transparency in its execution policy and has no record of misconduct or fund manipulation. Additionally, the broker offers negative balance protection to its VIP clients.

Which countries can access Demaxis’ services?

Demaxis offers its services to clients worldwide, with the exception of residents of the United States, Iraq, and North Korea. Traders should ensure the legality of the broker’s services in their jurisdiction.

Sources & External Links

author avatar image
Chad Smith

Chad Smith is the Director of Research & Analysis here at ForexBrokerListing.com. Chad previously served as an Editor for a number of websites related to finance and trading, where he authored a significant number of published articles about trading and the impact of technology in transforming investing as we know it. Overall, Chad is an active fintech and crypto industry researcher with more than 15 years of trading experience, and you can find him teaching his dog how to trade in his free time.

Demaxis

4 / 5
80 ratings
Please Log in to rate!