TradeMax is an Australia-based trading broker that was launched in 2018. They provide traders with the MetaTrader 4 and PulseTrader trading platforms for trading multiple assets, such as forex currency pairs, commodities, indices, and CFDs. The broker implements the ECN execution model with a leverage of 1:400 and provides enhanced execution speeds with deep liquidity. TradeMax has a highly professional and independent technical team and offers a selection of account types with a required minimum deposit of $1,000.
TradeMax Review Introduction
In this TradeMax review, we will take a look at some of the most important factors worth considering when choosing a forex broker for your online trading needs. This includes trading platforms, trading tools, research and education, account funding options, customer support and broker regulation.
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TradeMax Platforms & Tools
The broker provides its clients with the intuitive and easy-to-use MetaTrader 4 and PulseTrader trading platforms. The MetaTrader 4 trading platform is very popular and provides traders with live price feeds, technical charts, analytical tools, and up-to-date financial news to keep traders aware of market happenings.
TradeMax provides the MetaTrader 4 trading platform in the following versions: a desktop application for Windows and Mac computers; Web platform that gives access to trade directly through most modern web browsers and operating without needing to download or install any additional software, and as a mobile app, which is designed doe mobile devices running on Android and iOS; it enables traders to trade from anywhere and at any time.
On the other hand, the PulseTrader trading platform comes with its advanced built-in tools for customizable workflow; it is one of the most advanced equities trading platforms. PulseTrader is feature-packed and has a user-friendly interface, which makes it suitable for both active and professional traders. With over 20 years of history, PulseTrader provides in-depth chartings that supports more than 65 indicators, along with a sophisticated order management tool. The platform has the following key features:
- Integrated price alerts
- Right-click order placement
- Advanced order types such as stop/trailing stop loss
- Multi-account record keeping
- Live Newsfeed and announcements
- Real-time streaming data
Traders can get access to a range of useful trading tools in addition to those built into the trading platforms. They include the Free VPS & MAMM Service, Dedicated Account Manager, and VIP Desk.
TradeMax Research & Education
Clients are provided with a vast array of educational resources that help to improve their trading skills and knowledge. They include the iTrade In-House Classes, One-On-One VIP Classes, and Online Tutorials and Trading Articles.
TradeMax Trading Accounts
The broker offers clients a variety of different trading accounts that are aimed at suiting each trader’s individual trading needs and strategies. They include the Standard, Premium, Pro, and Raw Spread Accounts. Their minimum required deposits range from $1,000 on the Standard Account to $100,000 for the Raw Spread Accounts. All accounts get access to a range of trading tools and are commission free, except the Raw Spread Account that charges a commission of $7 per lot on trades.
TradeMax Account Funding
TradeMax accepts the following payment methods as the available account funding and withdrawal options: Bank Transfer, Credit/Debit Cards, RMB Direct pay, and POLi. The broker does not accept third-party payments. The time taken to process transactions varies with the payment method used.
TradeMax Customer Service
A knowledgeable customer support team is available to assist traders; they can be reached via telephone, email, and online live chat. There is also a frequently asked questions section on the broker’s website, which gives quick answers to clients’ common questions.
TradeMax Global Limited is a financial services company that is regulated by Vanuatu Financial Services Commission (VFSC), with license number 40356. However, the TradeMax Australia Pty is authorized by Australia Security and Investment Commission (ASIC) with an Australian Financial Services license, 436416.
TradeMax Review Summary
TradeMax is an ECN broker that offers online trading on multiple tradable assets through the MetaTrader 4 and PulseTrader platforms. They provide a range of useful trading tools and educational resources along with a knowledgeable customer support team.
It is worth mentioning that some of the trading products and services in this TradeMax review may differ or not be available to traders in some countries due to regulations. As brokers terms can change over time, please verify all information is up to date directly from the TradeMax broker website which you can visit by using the link below.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. A large percentage of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.