If you’re looking for a modern trading platform with thousands of assets to trade across different markets, then check out our Demaxis review! Today, we’ll be putting Demaxis under the microscope, to find out how good this platform really is.
From Forex and cryptocurrency, to stocks, energies and indexes, Demaxis has a wealth of assets to explore. Plus, with guided trading, enhanced tools and 0% commission, Demaxis is a one-stop shop for all things trading. So join us today as we discover everything Demaxis has to offer.
Although there are no current welcome offers at the site, our Demaxis reviews found this to be a fantastic platform with a lot of opportunities for new traders.
There are three different types of account packages, where you can choose to learn about trading with step-by-step tutorials, or jump straight into the action with a Trade or Invest account.
How to set up an account
The registration process is easy. Simply click on the Sign Up button in the top right-hand corner of the screen and fill out your personal information. Remember, you will have to complete some KYC measures, whereby you prove your identity and address by submitting some basic documents. As we noted in our FXRevenues review, KYC is especially important when using sites that require real money. And on Demaxis’s platform your personal and financial details are always safe, as they use SSL-secured systems.
Once you have completed the registration process, it’s simply a matter of waiting for your account to be verified. And the good news is, while making our Demaxis review, we were given the green light on the very same day that we applied. Meaning that you can start your trading adventure within 24 hours of signing up to Demaxis.
The Demaxis website is full of useful information for first-time traders and is extremely easy to use. Those looking to start out from scratch can find lots of helpful advice, including trading conditions, market hours, instrument expiries and a great FAQ page. There are also details on how to sign up for an account, and what benefits you can enjoy from each one. Plus, you can download the trading platform software directly from the website, as well as find links that will take you to the iOS or Google Play Store to download their Mobile Trader app.
Whichever device you use, you’ll find that loading times are rapid across the Demaxis site. And with a fantastic customer services department on hand to help you with any queries, you can start your trading journey off on the right foot with Demaxis.
All top tier modern trading platforms offer their customers various different accounts. As we saw with our Finaguide review, it’s quite common to see as many as five different accounts to choose from, depending on your needs. And one thing we really like about Demaxis is that there are six various account packages to select.
The main two types are Trade and Invest, the latter of which has four different packages to choose from. But what’s very interesting about Demaxis is that they have a dedicated Learner package, designed specifically for newbies to the trading world, where you can learn everything there is to know about the industry through online seminars, step-by-step tutorials and even your own account manager. And after you’ve got to grips with the principles of trading, you are free to then step up to the Trade account.
Of many broker reviews, Demaxis presents some of the most interesting types of accounts that we’ve seen. And each of them offers various benefits, including a large number of strategies and extremely high-tech trading tools.
The Demaxis broker offers its customers two different ways to trade online. The first is to download the dedicated software package, which gives you access to all of their assets, as well as competitive pricing and full account management. Alternatively, you can opt for the Web Trading option, which will allow you to use a large share of the facilities but not all of them. Furthermore, you can find native apps for both Apple and Android devices, so that you can trade using your smartphone or tablet.
With exclusive features across all platforms, you can use more than 20 different analytical tools, get leverage of up to 1:400 and enjoy an average order execution speed of just 0.05 seconds.
Our Demaxis review found that this is an extremely dynamic platform, whether you opt to download the software or simply use the Web Trading page. But our advice is that, if you want to do things properly, that you download the Demaxis software to your preferred device, so that you can utilise everything on offer from this exciting and reliable broker.
When it comes to funding your Demaxis account, the great news is that there are plenty of payment options available. We noticed while making our Maxiwyse review that a lot of online brokers will only accept major debit or credit cards. However, Demaxis offers customers the chance to deposit and withdraw using all major cards, as well as wire transfer and Bitcoin.
The fact that you can use Bitcoin here is incredibly exciting, as a lot of other platforms haven’t introduced this yet and still rely on older, more traditional banking methods. This also gives you a great insight into how forward-thinking Demaxis is.
All deposits and withdrawals are free, but you must be aware that the minimum deposit amount in order to trade on Demaxis is $500. So bear this in mind before you open an account.
0% fees when you use Demaxis
As mentioned, Demaxis offers free deposits and withdrawals at the site, so there are no commissions whatsoever to use the Demaxis service. Plus, their software is completely free to download onto any of your devices.
That said, Demaxis does add a small fee on all of your transactions, which means that the platform won’t surprise you with any additional costs at the end of the day/week/month. In fact, these costs are negligible but, of course, you must still factor them into your overall outgoings, in order to calculate them correctly. With a little research, we were able to conclude in our Demaxis review that the commissions here are in line with the industry average.
Whether you’re brand new to the world of online trading, or a seasoned expert, sometimes we all need a little help. As we saw when we made our Kaarat review, good customer care is the cornerstone of any great online platform, and the team at Demaxis are ready and waiting to answer any queries you may have.
With a dedicated email support address, as well as a telephone number, Demaxis invites its customers to get in touch during the hours of 9:00 to 5:00, Monday to Friday. Just keep in mind that as this company is registered in Hong Kong, you may have to check the time difference to be in line with their opening hours.
Further to an email and telephone number, there is also a web form you can fill out and a live chat feature. The live chat is a fantastic function, but remember that it also operates during Demaxis’s normal working hours.
If your query isn’t urgent, we recommend the super simple web form, as it’s even easier than sending an email. And if you want to speak to someone over the phone, always keep in mind that there may be charges for calling an international number.
Finally, with so much information readily available on the site, you might find what you’re looking for just from having a quick skim over the multiple pages of information. But if you do need to speak to someone, then the staff at Demaxis will happily assist you.
Trading with Demaxis is not only enjoyable and cost-effective but also extremely safe. Demaxis is operated by Demaxis Limited, which holds a licence in Hong Kong. As such, this broker complies with local and international laws and invites customers from around the world to enjoy its products.
However, there are a small number of restricted countries where residents may not use Demaxis. These are the United States, Iraq and North Korea. But, as we mentioned in our Stockoza review, these countries are often on the list of exclusions, so this is no surprise.
Furthermore, Demaxis uses SSL-secured software to encrypt all of its transactions. So you never have to worry about your sensitive information being compromised.
Along with the various safety features of this platform, our Demaxis review discovered tons of other advantages to this platform. Not only is the site full of information and advice to help you learn about the various markets, but you can also use all of their online tools as well. These include instrument expiries, market hours, indexes, educational resources and plenty of analytics.
There is also the Economics Calendar, where you can see any important upcoming events across multiple markets, which is extremely useful when trading day to day.