Demaxis is an online broker founded in 2022 that aims to provide market players with a reliable, interactive, and user-friendly trading environment. The platform also looks to deliver a transparent trading experience while expanding investors' market exposure and helping them find more opportunities. Demaxis supports trading in a broad range of securities, including but not limited to currencies, stocks, and commodities which pave the way for international trading. Investors searching for a decent broker for beginners may also find Demaxis capable and accommodating.
Moreover, the platform's customer service offers assistance through email, online chat, and phone 24/5. Investors may not conduct financial business around the clock, and it may give them peace of mind to know that their broker is available day and night to address any questions or concerns they may have.
Trading Products
Demaxis offers more than 2,000 trading instruments in the following categories:
- Major/exotic currencies
- Global indices
- Stocks
- Energies and commodities
- Precious metals
- Digital currencies
Demaxis provides a range of trading instruments expected from an online broker geared toward modern investors. Additionally, the variety should suffice for a good deal of its clients. Plus, users looking to put money into currencies or cryptocurrencies can consider adding this platform to their list of broker candidates.
Account Types
Demaxis's six accounts are likely to meet different investors, ranging from beginners to professionals. Note that individuals looking to open an account with this broker will be required to make a minimum deposit of 500 USD. First-time investors are provided the opportunity to know more about the industry with the broker's free demo account, step-by-step tutorials and articles, online webinars and local seminars, and their personal account managers.
On the other hand, more advanced and professional investors may take advantage of the following benefits offered by the platform:
- Tight spreads
- Superfast trade execution
- Hi-tech forex trading tools
- Ultimate risk protection & security
- Wide range of strategies
- Full control over investments
Investors interested in taking on the markets in compliance with the Sharia law are not overlooked by Demaxis as the platform also allows investors to open Islamic accounts.
Despite the online broker being quite new to the investing space, its account offerings are competitive and adequate. Still, investors looking for something broader and further improvements in particular areas can explore other options.
As regards setting up an account, the process is pretty fast and simple. Demaxis provides a 3-step account set-up on its website, labeled Register, Fund, and Trade.
Trading Platforms
Demaxis's flagship trading platform provides more than 20 tools, including indicators and charts, to help investors analyze the overall price action. Investors can also use their preferred charting method and receive an- in-depth look at the day's market action.
The broker's platform also offers benefits and features, including:
- Average order execution speed of 0.05 seconds
- High leverage
- Ultra-competitive pricing
- Full account management
- Advanced charting tools
- Multiple order types
- Accessible and convenient trading
- Mobile, desktop, and web-based trading platform
Demaxis's desktop platform offers a customizable experience that professional traders may see as an excellent feature. The historical data may also help with backtesting strategies that investors will develop. The web-based platform provides the core functionality of its desktop counterpart, although this could be easier for beginners and more advanced investors to navigate. In addition, the platform offers one-click trade execution, market data and analysis, watchlists, and more. In addition, the web-based platform is designed to run on browsers such as Chrome, Opera, and Edge.
Demaxis's mobile trading app supports analyzing charts with technical indicators and watchlists with real-time quotes, among other functions. Investors can also set up trade alerts based on the technical factors they are keeping an eye on. The mobile trader works with both iOS and Android devices.
Deposits and Withdrawals
Like other online brokers, Demaxis's deposit and withdrawal process are simple. Users can deposit funds into their trading accounts by going to the Financing section and clicking the option Deposit Money.
In addition, investors don't need to worry about additional fees or commissions as the platform does not charge extra payments for deposits or withdrawals. Fund deposits can be made through credit or debit cards (Visa, MasterCard), Skrill, Neteller, or bank wire transfers.
Demaxis Summary: Is it worth it?
Demaxis can be an option for users in the market for an online broker and those looking to hone their skills in investing. The range of trading tools and access to cryptocurrency trading are all made available for investors looking to understand the markets better. In addition, the accounts offer enough benefits and tools to meet investors' needs, regardless of their initial knowledge and skills. Demaxis's trading platform and broad investment choices make this broker an interesting option for investors.
Natasha Serena 17 Mar 2023 Reply