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A comprehensive AxiTrader review of services, licensing and customer service

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Australia is a hotbed for Forex trading right now and a big part of that is one of their local success stories: the AxiTrader Forex broker. After launching in Sydney in 2007, they’ve built  an exceptional track record and gathered a loyal following of Australian users. Moreover, the company has managed to use their local success as a springboard to expand operations internationally, opening offices all around the world and bringing big numbers of traders from the UK, Middle East, Europe, Russia, and Eastern Asia under their wing.

We’ll be putting AxiTrader under our examination today as we try to understand what they bring to the table and why they seem so attractive to so many traders.


Leverage: 1:400         Licences: ASIC, FCA, DFSA, FMA

Min. Deposit: $0         Bonus: N/A

Spreads: from 0 pips   US Clients: No

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Is XtreamForex scam? Find details in this review

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XtreamForex Forex broker is one of the brokerages that looks good at first, but after some research on the website, it is clear that the broker is not trustworthy. It offers trading Forex and other trading assets such as cryptocurrency, commodities, stocks, and indices.  The broker has been established in 2015 and is registered in the Marshalls Islands. According to the broker, the office of it is situated in London. XtreamForex’s offers might look very attractive for the traders all around the world as it requires 5 USD minimum deposit which is very low. At the same time, it offers 1:1000 leverage to all traders who will get the standard account with XtreamForex. It also showcases multiple payment methods on the website and emphesizes that it has spread from 0 pip. However, it is too early to get excited about these offerings since not everything is as good as it seems on the surface. This XtreamForex review will go into the details and discuss the real features and quality of the service that the broker provides.

XtreamForex review
Leverage: 1:1000  Licences: N/A

Min. Deposit: 5 USD Bonus: 30%, 100% bonus

Spreads: from 1.2 pips US Clients: No

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Are the rumors about TradeMax scam real?

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Forex brokers that are regulated by the Australian Securities and Commission (ASIC) have a fairly good reputation among the traders all around the world. Unfortunately, there are still some sophisticated scams among them. TradeMax Forex broker is one of them. The service described on the broker’s website does not seem to be good for any trader as the broker has a high minimum deposit, commissions, and fails to provide sufficient information about its service and policy. However, bad service is not the worst thing with the broker, as there are signs indicating TradeMax scam. If you are considering to open an account with the broker make sure to read the review as it provides full information about TradeMax, that the broker is trying to hide.

TradeMax Review
Leverage: 1:400  Licences: ASIC

Min. Deposit: 1000USD Bonus: N/A

Spreads: from 1.6 pips US Clients: No

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Can Trade5000 be trusted? Learn in this Trade5000 review

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Looking at the offerings and features of Trade5000 Forex broker it might seem that it is a good idea to sing up with the broker. The minimum deposit with the broker is not very low but at the same time falls in the standard of the most Forex brokerages. One can open a standard account with 250 USD. The leverage is 1:200, and the broker claims to provide over 1000 trading instruments for FX and CFDs traders. Traders have the possibility to choose from the six account types based on their needs and goals.  Trade5000 also has bonus offerings based on the account types. There are various payment methods listed on the website and the broker seems to be paying a lot of attention to educating its customers. At first glance, everything seems to be legit and looks good, however, it takes some time to dig into the offerings and find out that these nice looking offerings are part of the Trade5000 scam. This review reveals the features of the brokers in details to answer the question if the broker is trustworthy or not.

Trade5000 Forex broker
Leverage: 1:200  Licences: N/A

Min. Deposit: 250 USD Bonus: 30%, 40%, 60%, 80%, 100%

Spreads: N/A  US Clients: N/A

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8MAX review to give you insight into the broker’s features

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There are a lot of scam brokerages that try to impress traders with great-looking offerings and service to lure them into opening an account with them. 8MAX Forex broker is one of them. Forex and CFD’s broker provides financial services worldwide but targets Japanese and English speaking countries most. It offers to trade on MT5 trading platform with only 5 USD minimum deposit. One can trade currency pairs as well as CFDs on commodities, energy, precious metals, and equity indices with 8MAX while using 1:1000 leverage. The broker also showcases two types of bonuses – no deposit and deposit bonus. The service that the broker showcases look too good to be true, considering that it is not a well-known broker and there are no valid 8MAX reviews made by its customers. There is a high possibility that the broker is scamming traders. This review will help you get to know the broker closer and will reveal what’s behind the nice-looking offerings.

8MAX review
Leverage: 1:1000 Licences: N/A

Min. Deposit: 5 USD Bonus: 20%, 100% bonus

Spreads: from 0 pips US Clients: No

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Is Clicktrades legit? Let’s us find out together in this review

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Out of the many brokers currently operating on the markets, Clicktrades Forex broker is one of the few reliable, if not in any way outstanding ones. In order to understand how this broker might be useful to their uses, we have decided to conduct an in-depth review, attempting to analyze the services they offer to their users, while also trying to objectively evaluate their trustworthiness and their general performance over the past year. So here is the review, hope you find it useful in your quest for a broker.


Leverage: 1:300 Licences: FSA Seychelles

Min. Deposit: 250USD Bonus: Up to $5000

Spreads: from 0 pips US Clients: No

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Can TraderUR be trusted? Everything about the broker’s features

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TraderUR is a relatively new brokerage that started operating recently. The broker offers Forex, cryptocurrency and CFDs trading to the worldwide audience except for the residents of the United States, Estonia, France, Belgium and Israel. This detailed TraderUR review provides insight into the broket’s features, offerings, quality of the service and trading experience.

TraderUR review
Leverage: 1:400 Licences: N/A

Min. Deposit: 250 EUR  Bonus: N/A

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Detailed review of Templer FX shows why you need to avoid the broker

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Finding a good broker is truly an important and hard task for everyone and especially for the beginner traders. Some of the brokers use the inexperience of the traders as an advantage and try to mislead them with promises and lies. Unfortunately, Templer FX broker appears to be one of such brokerages. It tries hard to create an image of the trustworthy brokerage with years of experience and good service. However, behind this image, there is a very unsophisticated scam that can be revealed just after spending little time on the broker’s website.

Templer FX review
Leverage: 1:2000 Licences: FSA

Min. Deposit: 25 USD Bonus: 100% bonus

Spreads: from 0.5 pips US Clients: No

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ForexChief review reveals ForexChief scam scheme, learn more about it

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The way Forex scams work is very simple, the brokerages are creating their website based on some legit brokerage, make great offerings that usually targets beginner traders that are not aware of such scams yet and try to make them invest as much money as possible. When the trader finds out he is a victim of the scam it is too late and they have nothing else to do but be careful when they choose the broker to trade with next time. Due to this simple scam scheme, the same scam brokerages are popping out with the different names and start scamming people again. Hence, there are not many scammers who are on the market for several years. Forexchief review showed that it might be this kind of broker that manages to continue operating with the same name for years and scam traders.

Forex Chief review
Leverage: 1:400 Licences: FSC Vanuatu

Min. Deposit: 100 USD Bonus: 100 USD

Spreads: from 0 pips US Clients: No

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Investous review will show you why you should not trust the broker

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Choosing the right broker is a crucial part of Forex trading. Do not make the decision to open an account with Investous before reading detailed Investous review that discuss the regulation, policies and features of the broker.

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Leverage: 1:500 Licences: IFSC Belize

Min. Deposit: 250 USD Bonus:  N/A

Spreads: from 0.9 pips US Clients: No

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