Demaxis is a multi-asset broker that offers a range of financial instruments for trade. This includes forex, stocks, indices, metals, digital currencies, and energies. The company is based in Saint Vincent and the Grenadines and was founded in 2022. It offers leverage of up to 1:400 and has a minimum deposit of $500. The Demaxis broker platforms include a proprietary web trader for desktop and mobile. In addition, the Demaxis company offers various base currencies and provides 24/5 multilingual customer support. It is not publicly traded and does not offer crypto trading.
Demaxis does not support MT4 and MT5 trading platforms. Instead, it uses a web-based trading platform available as a desktop application and mobile app. The broker also has an Islamic account option and offers swap-free accounts. As per their website, Demaxis does not charge deposit and withdrawal fees.
Demaxis offers six trading accounts, but complete information is unavailable on their website. Instead, you need to get in touch with their customer support to get more details about these accounts.
The leverage offered by Demaxis is up to 1:400, which is considered high. Most brokers provide leverage of 1:100 or 1:200. So, if you are a beginner trader, we recommend starting with lower leverage. Demaxis broker is yet to get its regulatory approval from the authorities. However, Demaxis has implemented the best security measures to protect the client's funds.
Demaxis broker is a new entrant in the online trading industry and is getting popular among traders. However, it has implemented the best security measures for the safety of client funds.
As mentioned before, Demaxis is yet to get its regulatory license from the authorities. However, the popularity of Demaxis is growing among traders as it offers several lucrative trading options. However, Demaxis follows all the security and data protection measures to protect their clients. They operate with an offline license from Saint Vincent and the Grenadines and follow all major data protection regulations.
In addition, the Demaxis company has implemented 256-Bit SSL security that ensures your data remains safe and encrypted while you trade. SSL security plays a critical role in protecting a trader's data from online attacks that have become common nowadays. Moreover, they have also implemented 2FA (Two Factor Authentication), which ensures that even if the password is compromised, the hacker can't access your account without the second password that you have. It's an essential feature for traders as it improves the overall security of your trading account.
Moreover, Demaxis has also implemented the AML (Anti-Money Laundering) policy, which ensures complete transparency of transactions taking over the platform. AML compliance helps Demaxis ensure that the funds are not being used for illegal purposes. In addition, Demaxis has also implemented KYC or Know Your Customer policy to ensure that all their clients are legitimate and there is no fraud taking place. KYC at Demaxis will help improve the security of transactions and help combat financial crimes.
In addition, Demaxis has also mentioned security measures in their terms and conditions so that their clients know how their funds are being protected.