MaxVol Information
MaxVol is a broker. MaxVol provides tradable instruments, including forex, commodities, indices, stocks, shares, and cryptocurrencies, and also offers account types, including entry-level, default, premium, and VIP. In addition, MaxVol sets a minimum spread of 0, a minimum deposit of $10000, and a maximum leverage of 1:500.
Pros and Cons
Is MaxVol Legit?
MaxVol is not regulated, which makes it less safe than regulated brokers.
Forex, commodities, indices, stocks, shares, ETFs, and cryptocurrencies are all tradable instruments.
Account Type
MaxVol has four types of accounts: entry-level, default, premium, and VIP. The entry-level account is more suitable for newbies, as it offers a lower deposit of $10,000. Traders who prefer 0 pips can choose to open a VIP account. Traders will enjoy 30%-100% rewards when opening an account.
MaxVol Fees
The spread for entry-level and default is 1.5pips, the spread for premium is 08pips, and the spread for VIP is as low as 0. So the minimum spread is 0, and the VIP commission is $6 per lot.
Leverage
The maximum leverage is 1:500, which means that profits and losses are magnified 500 times.
Trading Platform
MaxVol has a proprietary platform, and traders can learn more about it through the broker interface. However, the official website of MaxVol cannot be opened at present.
Deposit and Withdrawal
The minimum deposit is $10,000, which is very high. MaxVol offers multiple methods for deposits and withdrawals, which include credit/debit cards（Visa), bank transfers, bitcoin, and cryptocurrencies.
Customer Support Options
MaxVol provides 24/5 customer support, and traders can communicate via phone.
