Demaxis review: Trading instruments, Platforms, Broker features, and Traders ratings.

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1 • 1 REVIEWS
Updated: May 2, 2024
Demaxis.com

What is Demaxis?

Demaxis is a forex broker, offering an in-house developed platform in Web and Mobile versions.

Demaxis.com offers over 50 forex currency pairs, commodities, gold, silver, oil, stocks, indices, cryptocurrencies (bitcoin etc.), for your personal investment and trading options.

Please read Demaxis Reviews below and share your live trading experiences with this broker.

Broker Details

Minimum Trade Size: Unknown
Maximum Leverage: 400:1
Minimum to Open Live: $2,500
Established: Unknown
Address: Finance Centre, 16 Harcourt Road, Hong Kong, China
Contact: information@demaxis.com, +18007652408
Regional offices:
Regulators:
Prohibited countries:
Trading platforms: WebTrader, MobileTrader (MobileApp)
Web Trading: ✅ Yes
Mobile Trading: ✅ Yes

Trading Instruments

Currencies: (50+)
Cryptocurrencies: (75+) Bitcoin, Litecoin, Ethereum
CFD: (300+) Gold, Silver, Other Precious Metals, Stocks, Stock Indexes, Oil, Other Commodities

Trading Conditions

Managed Accounts & Social Trading

Deposit Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin
Withdrawal Methods: Bank Wire (BankTransfer/SWIFT), VISA, MasterCard, Bitcoin
* Please check broker website for more information
1 • 1 REVIEWS

Recent User Reviews of Demaxis

F
falstaf96
Paris, France,
Jan 17, 2024,
Registered user

They pressured me to invest huge amounts and blew out my account

Service use: Live Length of use: 6-12 Months
Approached on the telephone by the website revenueinteractive.fr (based in the United Kingdom), I ended up joining out of curiosity for 100 euros and I was put in contact with Demaxis (www.demaxis.com), a trading site based in Hong Kong (according to them) and governed by Saint Vincent and the Grenadines.

My contacts at Demaxis promised me exceptional gains, easy progression, etc. They insisted on the phone that I invest huge amounts of money (20,000 euros then another 27,000 euros), and since I was very interested in trading, I forgot all the rules of caution and invested these enormous sums by giving in to their systematic daily canvassing.

Then to teach me trading they made me take 2 CFDs on Gold and the Eurodollar, telling me that I must leave the positions open, without stoploss, which is extremely dangerous! But I didn't know about trading and I trusted them. It was February 3, 2023, prices fell sharply and I lost 99.5% of my account in just 2 days. It is impossible for an experienced professional trader to lose such a large amount in 2 days. No trader in the world teaches trading without stoploss which is real financial suicide. The scam is pretending that you are an experienced trader, that there is a lot of money to be made, attracting money from clients and then losing everything in 2 days. Harassing people on the phone to invest all their money and then having that money disappear is obviously a huge scam, whether that money is stolen or lost. Moreover, it is unreasonable to start trading with such amounts because a beginner will inevitably lose money at the beginning, so it is better to start with small amounts (or better, with virtual money) . But there, it is downright the trading advisor who loses 99.5% of the account! (then once the account is replenished, he again loses 60% of the account)

The following Monday, they told me not to worry, that they had the situation under control. Then they assured me that my account was not lost but that I had to take out a credit of 20,000 euros so that they could help me recover the missing money, which I was naive enough to do .

But again they gave me advice (trading on futures without stoploss and with open positions) which made me gradually lose everything - except real trades for 5 weeks, which made me gain 4000 euros then lose everything .
In particular a contract on natural gas futures which made me lose 12,000 euros at once. It is impossible for an experienced professional trader not to know how the futures market works.

In conclusion, my contact at Demaxis gave me recommendations (no stoploss, positions left open) which caused me to lose astronomical amounts.
They did everything to make me lose as much money as possible (except at the beginning to give me confidence then (in April and May) for 5 weeks where she gave me real winning positions which brought me 4000 euros, but this sum was lost by only one of his trades in the wrong direction, left open and without stoploss as always)

When you make such a mistake, the expected behavior would have been to do everything to repair it, with the money that I reinjected (for credit that was difficult to obtain because I was already very in debt). They tried to correct their mistake for 5 weeks between April and May and then stopped, irritated by the fact that I closed one of their positions at a loss.

We cannot both boast of earning 80,000 euros per month and cause a customer to lose more than 60,000 euros without seeking to compensate him.

When a customer gambles money and loses it, he is responsible for his losses.
But when it is the broker who gambles the client's money and loses it, it is the broker who is responsible and who should compensate the client
1 trader has found this review helpful