Risk scorecard
Each area is scored 0 (clean) to 10 (worst). Higher means more risk.
Regulation
7/10 · HighNo forex licence anywhere; the only credential is a St. Vincent company registration, and the site falsely claims to be regulated and authorized for forex.
Identity & transparency
7/10 · HighA real legal entity and registration number are disclosed, but there are no contact details, legal pages are placeholders, and fund-safety and banking claims are unverifiable.
Withdrawals & conduct
8/10 · CriticalFund-integrity complaints across years and platforms, including a specific advance-fee demand to release a $16,000 balance; tempered by some reports of successful withdrawals.
Reputation
7/10 · HighIndependent reviews average 1.5 of 5 and the firm is widely labelled a scam, though no regulator has published a warning naming the domain.
Website claims
9/10 · CriticalFalse claim of regulation, an invented compensation fund, a guarantee of fund safety, and unnamed awards.
Operational history
2/10 · LowVerifiably long-running: the domain dates to 2015 and the operation has run continuously as MaximusFX, a genuine mitigating factor.
Who they are
A quick desk file on the company behind the brand.
- Brand: MaximusFX
- Legal entity: Maximus Markets Limited
- Registered: Suite 305, Griffith Corporate Center, Beachmont, PO Box 1510, Kingstown, Saint Vincent and the Grenadines (a registered-agent address)
- Website: maximusfx.com, with the client portal at panel.maximusfx.com
- Only credential: St. Vincent company registration 21567 IBC 2013, a company number rather than a forex licence
- Offers: CFD trading on MetaTrader 4, plus 'education', VPS hosting and bonus promotions
- Not accepted: residents of the USA, Cuba, Sudan, Syria and North Korea
- Age claim: presents itself as active since 2013; the website has run since 2015
Regulation
Who really oversees this broker, and what each licence is worth to you.
Proof of regulation on an official register: No
We could not confirm this broker on any genuine regulator’s register.
Licences the broker publishes
Saint Vincent and the Grenadines (company registry)
Why we reached this verdict
How the evidence adds up.
We rate MaximusFX a likely scam. It takes real money from clients while offering none of the protections a licence provides, and the most serious complaints describe an advance-fee withdrawal trap.
- Unlicensed, and dishonest about it. The firm has no forex licence. The authorities in St. Vincent state plainly that the country issues no forex licences and does not supervise companies that trade forex, yet the MaximusFX site still describes itself as 'regulated' and 'authorized for operations in the foreign exchange market'.
- The withdrawal pattern is the core problem. One client in Indonesia reported in December 2022 that a balance of about $16,000 could not be withdrawn: the firm asked for 'tax', then for a further $5,000 deposit to 'verify security', then blocked the withdrawal. A demand for extra payment to release your own funds has no legitimate explanation.
- It is a repeated theme, not a one-off. Withdrawal refusals and account blocks appear on several independent platforms from 2017 through 2025, with specific amounts and dates. Independent reviews average 1.5 out of 5.
- The reassurances are hollow. The site promises segregated accounts, a compensation fund and banking with major banks, and displays unnamed awards and glowing testimonials. None of this is verifiable, and no compensation scheme covers an unlicensed St. Vincent shell.
- Why 'likely' and not 'confirmed'. No financial regulator has published a warning naming maximusfx.com, and some users do report being paid, so we stop short of calling it a confirmed scam.
Note on operating history: the 11.0-year track record rests on domain registration alone. No company incorporation date could be established, so this is an upper bound rather than a confirmed age.
Evidence ledger
Every finding, with its source and how strongly it points.
E1The MaximusFX website describes the firm as a 'registered and regulated international business company' and, on its legal page, as 'officially authorized for operations in the foreign exchange market'. Neither is true for a St. Vincent IBC.
StrongMaximusFX websiteE2St. Vincent and the Grenadines issues no forex or brokerage licences and does not regulate, supervise or license IBCs that carry on such business, so the firm's 'authorized' and 'regulated' wording has no basis.
E3The only credential shown is St. Vincent company registration number 21567 IBC 2013. This is a company registration, not a financial or forex licence, and carries no client-fund protection.
ModerateMaximusFX website (footer)E4A documented client complaint (Indonesia, 30 December 2022) names maximusfx.com: a balance of about $16,000 could not be withdrawn, the firm demanded tax paid by card and Skrill, then demanded a further $5,000 deposit to verify security with a promise to return it, then blocked the withdrawal. This is the advance-fee withdrawal-trap pattern.
Hard proofBrokersView complaintE5A 2017 complaint on bitcointalk.org reports roughly $1,529 in profit that the broker refused to pay out after deposits of $32 and $198.50.
Moderatebitcointalk.orgE6Independent reviews of maximusfx.com average 1.5 out of 5 across 45 reviews, with only 7% recommending it; complaint themes centre on account access and withdrawal problems.
ModerateReviews.ioE7Many reviews around maximusfx.com point to third-party 'fund recovery' services, a sign that the operation has generated losses that others are now harvesting.
WeakReviews.ioE8The 'Safety of Funds' page claims segregated client accounts, participation in a compensation fund, banking with named banks and a guarantee of the safety of client funds. For an unlicensed firm with no supervisor these assurances cannot be relied on, and no compensation scheme covers it.
StrongMaximusFX websiteE9The homepage shows unnamed awards (Best Trading Platform, Top CFD Broker) with no awarding body, and on-site five-star testimonials praising fast withdrawals, which conflict with the independent review picture.
E10The domain maximusfx.com was registered on 26 September 2015 and the earliest TLS certificate dates to October 2015, with brokerage subdomains (panel, crm, users, personal) present since then. The operation has run continuously as MaximusFX for about eleven years.
ModerateRDAP (Verisign) and crt.shE11A search of the IOSCO I-SCAN global alert network on 5 October 2026 returns no warning naming maximusfx.com or Maximus Markets Limited. The five 'Maximus' entries shown (Maximus Trading, Capital Maximus, Maximus Global Markets Ltd) are unrelated firms.
ModerateIOSCO I-SCANE12Some users report successful withdrawals, including one who described withdrawing on 19 occasions and another with a balance above $10,000 over a year, so the operation is not a pure vanishing scam.
E13The live site publishes no phone number, email or support contact, and its Risk Disclosure, Privacy Policy and Site Map links are empty placeholders.
ModerateMaximusFX website
The other side
The strongest case in this broker’s favour.
In fairness, here is the stronger case for MaximusFX.
- It discloses a real legal entity, a registration number and a physical registered address, which the most disposable scams often do not.
- It has run at the same domain since 2015, a long life for this kind of firm, and some users report years of trouble-free withdrawals. One described withdrawing on 19 occasions; another reported a balance above $10,000.
- No regulator has published a warning naming maximusfx.com, and the firm does not impersonate a licensed brand, so it is not a clone.
- Registration only in St. Vincent is, by itself, a sign of weak oversight rather than proof of fraud. Many brokers operate this way.
- The withdrawal complaints, though specific, are submitted by users and sit alongside positive accounts, so they are serious but not a regulator-confirmed finding.
What would change this
What we would need to see to revise the verdict.
Our view would move if any of the following came to light.
- Toward safer: a genuine, in-force licence from a recognised regulator such as the FCA, CySEC or ASIC naming Maximus Markets Limited and maximusfx.com; removal of the false 'regulated' wording; and a clear record of withdrawals paid without fee demands.
- Toward confirmed scam: a regulator warning naming maximusfx.com, a fresh cluster of independent advance-fee complaints, or evidence that the firm has stopped paying withdrawals entirely.
Check it yourself
Official registers and warning lists. Verify every claim first-hand.
MaximusFX legal information page
The firm's own claim to be authorized for forex operations under St. Vincent IBC 21567
SVG Financial Services Authority
The St. Vincent regulator; it supervises non-bank finance but issues no forex or CFD licences
St. Vincent official forex advisory
Government advisory: no forex licences are issued and IBCs doing forex are not supervised
IOSCO I-SCAN global alert search
No alert names maximusfx.com or Maximus Markets Limited
Frequently asked questions
Quick answers about this broker’s safety.
Is MaximusFX a scam?
We assess MaximusFX as likely a scam. It takes client deposits with no genuine financial licence, falsely calls itself regulated, and clients report that withdrawals were blocked behind demands for extra payments. We stop short of 'confirmed' only because some users report being paid and no regulator has named the domain.
Is MaximusFX a fraud?
We did not find a regulator ruling or court judgment that MaximusFX has committed fraud, so we cannot state that as a fact. What we can say is that clients report deposits taken and withdrawals then blocked behind tax and verification-fee demands, and that the firm falsely claims to be regulated. On that evidence we assess the risk of fraud as high.
Is MaximusFX regulated?
No. MaximusFX holds no forex or financial-services licence. Its only credential is a St. Vincent company registration (21567 IBC 2013), and St. Vincent does not issue forex licences or supervise firms that trade forex.
Is a St. Vincent IBC registration the same as a licence?
No. An IBC number simply records that a company exists. It is not a trading licence, it brings no supervision of how client money is handled, and it provides no compensation scheme. Treating it as regulation is a common trick.
Can I withdraw my money from MaximusFX?
Some clients say they have been paid, but many report that withdrawals were delayed, cancelled or blocked. In the worst accounts, the firm demanded a tax payment and an extra deposit before release and then blocked the account. There is no regulator to appeal to if this happens.
Why is MaximusFX asking me to pay tax or an extra deposit to withdraw?
A legitimate broker never requires a new payment to release your own funds. Demands to pay 'tax', a 'fee' or a 'security verification' deposit before a withdrawal are the advance-fee trap. Paying more does not get your money out and usually leads to further demands.
Is my money safe with MaximusFX?
No. The site promises segregated accounts and a compensation fund, but these claims cannot be verified and no compensation scheme covers an unlicensed St. Vincent company. If the firm keeps your money, there is no supervisor to force a payout.
Who is behind MaximusFX?
The site names Maximus Markets Limited, a St. Vincent IBC registered as 21567 IBC 2013, at a registered-agent address in Kingstown. Beyond that, the operators are not identified, and the site lists no phone number or email.
How old is MaximusFX?
The website has operated at maximusfx.com since 2015, and the company registration dates to 2013. So it is a long-running operation, roughly eleven years old, not a brand-new site.
Is MaximusFX a clone of a well-known broker?
No. MaximusFX trades under its own name and does not copy the licence number or identity of a regulated firm, so it is not a clone. The problem is that it operates with no real licence at all.
What should I do if I was scammed by MaximusFX?
Stop sending money and do not pay any 'release' fee. Gather your records of amounts, dates, screenshots and card or wallet details, and if you paid by card or bank ask about a chargeback or recall. Report the firm to your local financial regulator, and avoid upfront-fee 'recovery' services, which often prey on earlier victims.
What should I check before depositing with any broker like this?
Confirm the broker holds a licence from a strong regulator such as the FCA, ASIC or CySEC, and that the licence lists its exact website and company. Check for independent reviews and any regulator warnings. If the only 'regulation' is an offshore company registration, treat deposits as money you could lose with no recourse.
What we recommend
The practical takeaway from everything above.
If you are considering MaximusFX, or already have money with it:
- Do not deposit new funds. There is no licence and no compensation scheme standing behind your money.
- Never pay a 'tax', 'fee' or extra 'verification' deposit to release a withdrawal. That demand is the trap itself, and paying it does not free your funds.
- If you hold a balance, request a full withdrawal in writing and keep records of amounts, dates and screenshots.
- Be very wary of 'fund recovery' services that ask for an upfront fee. They commonly target people who have already lost money here.
- If you deposited by card, ask your bank about a chargeback, and report the firm to your local financial regulator.
This is an independent assessment of risk, not a legal ruling. Scores and verdicts follow the Wikilix broker-safety methodology and can change as new evidence appears. Review scores are treated with caution when a broker’s reviews look manipulated. Last reviewed October 5, 2026. If any detail here is out of date or incorrect, or you represent this broker, please contact us.
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