Come closer, dear trader, and listen well. Maddex Capital may seem like a beacon of hope in the stormy seas of FX and CFD trading, promising a state-of-the-art platform and outstanding trading conditions. However, do not be lured in by their siren song, for beneath the surface lies a treacherous trap.
Maddex Capital is a scam with a shadowy website without the proper license to deal in the forex market. It stinks of deceit and trickery, waving every red flag imaginable to signal its true nature as a scam.
So if you dare to brave the waters of trading, beware of the treacherous winds of Maddex Capital. Do not be fooled by their promises, but instead, read this Maddex Capital review.
|Broker Type||FX, CFD|
Maddex Capital – Regulation and Security
This so-called worldwide brand brags about compliance with local laws. Yet, it offers nothing concrete in terms of legal information. And when pressed for details, they claim that the user must take charge of the licensing process – a common tactic used by scammers to mislead traders.
Let us set the record straight: it is the broker’s responsibility to obtain the necessary licenses, not yours. Maddex Capital’s evasion of this crucial aspect is a clear indication of its unscrupulous nature.
In reality, Maddex Capital is nothing more than an anonymous, untraceable entity, a wolf in sheep’s clothing waiting to pounce on unsuspecting prey. Any investment made here is as good as gone, with little to no hope of recovery.
Do not be lured in by the promises of quick gains. Instead, we implore you to seek out reputable, licensed brokers in Europe, the UK, the US, Australia, or anywhere else in the world. The safety of your assets is too precious to risk with shady firms like Maddex Capital.
Remember: This fraudulent FX scheme has woven a web of lies and deceit that ensnares all who dare to trust it.
Trading Software Used by Maddex Capital
Behold the hollow promises of Maddex Capital! While they claim to provide a cutting-edge trading platform, the reality is quite different. What they offer instead is a basic web trader.
Let us not be fooled by their deceit. This is because the lack of proven and reliable trading software such as the well-known MetaTrader4 or MetaTrader5 is a clear warning sign of an impending scam.
Do not fall prey to their false claims and grandiose statements. The lack of a robust trading platform is just one more reason to steer clear of Maddex Capital.
Account Types Available
When it comes to Maddex Capital, transparency is not their strong suit. Curiously, they keep their account options close to their chest and do not offer any demo accounts. While you can peruse their platform via their web page, you cannot actually execute any trades.
This lack of facts and hands-on experience is a troubling sign indeed. Rather than giving potential clients the chance to evaluate the terms and conditions of trading, Maddex Capital prefers to keep them in the dark and risk their funds blindly.
It’s a dangerous game. This further solidifies our suspicions that Maddex Capital is a trading scam, one that you would be wise to avoid.
Deposit and Withdrawal Methods
We know by now that Maddex Capital’s account types are shrouded in mystery, leaving potential clients in the dark. They even fail to disclose crucial information, such as minimum deposits. If that wasn’t concerning enough, the only option for broker withdrawal is via crypto, supposedly in compliance with AML policies.
Unfortunately, this is the least secure payment option available. With no ability to request a chargeback, retrieving your funds is a complex process that involves appealing directly to the exchange for a refund. As if that weren’t bad enough, Maddex Capital is also running a withdrawal fee scam.
Maddex Capital reviews have revealed that anyone requesting a payout must first pay taxes and transfer fees before receiving their funds. This is a final attempt to squeeze every last penny out of clients before disappearing with their money for good. It’s clear that Maddex Capital cannot be trusted with your cash. Steer clear of this scam at all costs.
How Does the Scam Work?
Beware of fake brokers! They’re known for being sneaky and dishonest. They might offer you amazing bonuses and rewards that sound too good to be true. But the catch is, there are lots of rules and conditions that make it hard for you to actually get your profits.
These brokers may also say they have low fees, but then surprise you with extra costs that you didn’t expect, resulting in unexpected losses. They might even try to pressure you into investing more money through bold phone calls or sales tactics. So, always do your research before investing with an offshore broker, so you can avoid getting scammed.
Suggested Forex Brokers
Are you looking to invest in the forex market but don’t know where to start? Well, look no further! We’ve compiled a list of some of the leading and most reliable forex brokers to ensure your safety in the exciting world of trading.
With so many options available, it can be daunting to find a trustworthy broker. That’s why we’ve done the hard work for you by researching and analyzing various factors. Our top picks are the cream of the crop, offering top-notch services and tools to help you make the right decisions and achieve your trading goals.
|FXTM Broker||Cyprus, UK, Mauritius||4.5||$10||Forextime.Com|
|OctaFX Broker||Cyprus, SVG||4.4||$100||OctaFX.Com|
|FP Markets Broker||Australia, Cyprus||4.7||$100||FpMarkets.Com|
|XM Broker||Cyprus, Belize, Australia||4.7||$5||XM.Com|
|HFM HF Markets Broker||Cyprus, UK, South Africa, UAE, Kenya||4.3||$5||HFM.Com|
|FBS Broker||Cyprus, Belize, Marshall Islands||4.85||$100||FBS.Com|
Maddex Capital appears to be a scam that lacks proper licensing to operate in the forex market. The broker’s lack of transparency and evasiveness about licensing and account options raise suspicions about its credibility. The use of a basic web trader and a withdrawal fee scam further supports the view that Maddex Capital cannot be trusted.
Traders are advised to be wary of fake brokers that offer attractive rewards and to conduct research before investing. Finally, the article suggests several reliable forex brokers for traders to consider. You can try them out!
FAQs About Maddex Capital Broker
Is Maddex Capital Regulated?
No. Maddex Capital is an anonymous, untraceable firm with no proper license to deal in the forex market.
What Are The Funding Methods for Maddex Capital?
The only payment option is via crypto, supposedly in compliance with AML policies.
What is the Minimum Deposit for Maddex Capital?
This broker fails to disclose crucial information, such as minimum deposits.