Opinion on Maxwell’s Offers
Maxwell attracts customers with promises of reliable and secure earnings in the financial markets. According to the company, over 300,000 people from different countries have chosen its services. However, there are currently no reviews about it on the internet. Public opinion on the intermediary has not yet formed, so it was decided to investigate why this is the case. During a comprehensive review, we will analyze the results of the website check, legal documents, and commercial terms. This will help draw informed conclusions.
Key Aspects about the Intermediary
Maxwell does not disclose information about the duration of its activities or the presence of any prestigious awards. For a company claiming to have a client base of 300,000 people, this raises doubts.
However, a check through a specialized whois service revealed that the maxwellgroupinvestments.net site began operating in December 2023. This indicates that the company provides false data, hoping that clients will not verify them. In the absence of exposing reviews, potential victims cannot obtain accurate information.
A prompt solution to current problems will not be offered, as scammers have provided invalid contact information, making it impossible for traders to contact them.
The leaders of the scam project are anonymous, they do not disclose the names of senior management. This is in their interest, as they do not want to take responsibility for extraordinary situations. Once a client stops bringing profits to the company, they will simply cut ties with them without regrets.
Legitimacy of Brokerage Services
To operate in the financial markets, a company must register as a legal entity and obtain a license from an authoritative regulator. Maxwell claims to have CySEC permission (regulatory body in Cyprus). This information can be easily verified, as the list of licensees is public. Thus, the broker lies about the legality of its operations in the financial markets.
The company also reports having an office in London (UK), which implies the need for FCA approval to operate in this region. However, in this case too, the company deceives, as its name is not on the list of British licensees.
It is insulting that we are dealing with a dishonest broker capable only of creating the illusion of trading and deceiving beginners. There are no chances of making a profit.
Earning Methods with Maxwell
The company offers easy trading with over 1000 instruments (CFDs on Forex, stocks, indices, and gold). Nothing is known about the software used. Considering the lack of direct access to the interbank market, charlatans likely use a controlled terminal for trading manipulations. A demo account is unavailable; the client is immediately required to deposit funds.
Trading features:
- three tariff plans with an initial deposit ranging from 250 to 2,500 euros,
- spreads starting from 1.2 pips,
- no commissions,
- stop-out level from 3 to 20%,
- use of artificial intelligence,
- depending on the tariff, automatic robot configuration, access to the educational center, and daily market reviews may be provided.
There are also options for passive income with a deposit starting from 1 dollar. The deposit period ranges from 1 to 4 weeks, and the profitability percentage ranges from 10%.
There are no user reviews confirming that money can be earned and withdrawn through Maxwell. It is evident that the company has no intention of making payouts.
Reasons for the Lack of Reviews
Experts from Maxwell have recently launched their financial scam, so there are no reviews about them yet. When the first comments appear on the internet, the number of deceived individuals may increase. Be cautious to avoid becoming another victim.
If you have fallen victim to these fraudsters, share your experience. Tell how you got involved with them, how much money you lost, and what fraudulent scheme was used. Were you able to recover the stolen capital? Use the special form to publish your review.
Conclusion
If you are considering trading, it is advisable to choose a reliable broker, not like Maxwell. They lack legal basis for their operations and have nefarious intentions. Scammers will do everything possible to deprive you of your funds. It is recommended to seek another intermediary.
