Score
Max Wealth Jewellery
United Kingdom|2-5 years| http://www.maxwealthjewellery.com/
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Contact
Licenses
No valid regulatory information, please be aware of the risk!
Single Core
1G
40G
Contact number
+44 7537 130275
Other ways of contact
Broker Information
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Max Wealth Jewellery
Max Wealth Jewellery
United Kingdom
Pyramid scheme complaint
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- It has been verified that this broker currently has no valid regulation. Please be aware of the risk!
WikiFX Verification
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | 100000$ and above |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | 50000$ |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:100 |
| Minimum Deposit | 10000$ |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:200 |
| Minimum Deposit | 5000$ |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:400 |
| Minimum Deposit | 1000$ |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
| Benchmark | -- |
|---|---|
| Maximum Leverage | 1:400 |
| Minimum Deposit | 250$ |
| Minimum Spread | -- |
| Products | -- |
| Currency | -- |
|---|---|
| Minimum Position | -- |
| Supported EA | |
| Depositing Method | -- |
| Withdrawal Method | -- |
| Commission | -- |
- Fundamental Item(A)
- Total Supplementary Items(B)
- Debt Amount(C)
- Non-Fixed Capital(A)+(B)-(C)=(D)
- Relative amount of risk(E)
- Market Risk
- Transaction Risk
- Underlying Risk
Capital
$(USD)
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Max Wealth Jewellery · Company Summary
Max Wealth Jewellery Information
Max Wealth Jewellery is an unregulated brokerage company registered in the United Kingdom. This firm specializes in forex trading with the popular MT5 platform. This firm also provides other investment options, including commodities, indices and futures. Six account types are available with different leverage and spreads. However, its website lacks of transparency about trading fees.
Pros and Cons
| Pros | Cons |
| Wide selection of investment choice | No valid regulatory certificates |
| User-friendly platform | Lack of transparency on trading fees |
| Multiple account types | |
| Leverage trading available |
Is Max Wealth Jewellery Legit？
Max Wealth Jewellery currently does not hold any valid regulatory certificates. This lack of regulatory oversight is a major red flag for potential traders, as it means there are no safeguards in place to protect client assets or ensure fair trading practices. Engaging with an unregulated broker like Max Wealth Jewellery carries substantial risks.
What Can I Trade on Max Wealth Jewellery？
Max Wealth Jewellery is designed for the self-directed investors who know what they want in a portfolio. When you create a brokerage account here, you can invest in forex, CFDs, commodities, futures and indices.
If you want to try your luck with bitcoin, you'll have to look at a different brokerage. Max Wealth Jewellery also doesn't offer ETFs and stocks.
| Tradable Instruments | Supported |
| Forex | ✔ |
| CFDs | ✔ |
| Commodities | ✔ |
| Futures | ✔ |
| Indices | ✔ |
| Crypto | ❌ |
| Stocks | ❌ |
| ETFs | ❌ |
Account Types
It's not unusual for online brokerages to offer different account tiers. Some platform tier accounts by the amount of assets you have. Others tier them by the services you use. The upside of tiered accounts is that you might pay less in fees the more you invest. And fewer fees are good because it means you keep more of your investment returns.
Max Wealth Jewellery has different client tiers that vary based on increasing asset size. Although detailed information are not available, the spreads might go down as your balance goes higher.
It's a rare situation that you'll have lower leverage as you invest more money. There is still some space for transparency about their tiers.
| Account Type | Use Limit (USD) | Leverage | Spread Type |
| Micro Account | 250 | 1:400 | Standard |
| Mini Account | 1000 | 1:400 | Standard |
| Silver Account | 5000 | 1:200 | Customize |
| Gold Account | 10000 | 1:100 | Customize |
| Platinum Account | 50000 | 1:100 | Customize |
| VVIP Account | 100000 | 1:100 | Customize |
Trading Platform
MT5 (MetaTrader 5) is available with Fitch Forex. You can apply it on multiple devices, including Windows, MAC, Andorid and IOS. It is a diversified financial trading platform that allows trading foreign exchange, stocks, and futures. It provides excellent tools for various price analysis, use of algorithmic trading applications and copy trading.
| Trading Platform | Supported | Available Devices | Suitable for |
| MT5 | ✔ | Windows, MAC, IOS and Android | Investors of all experience levels |
| MT4 | ❌ | ||
| Proprietary Platform | ❌ |
Customer Service
If there's something you need to do that you can't manage online or through the mobile app, you can always reach out to customer support. You have multiple choices, including email (info@MaxWealthJewellery.com) and phone support (+44 7537 130275).
| Contact Options | Details |
| Phone | +44 7537 130275 |
| info@MaxWealthJewellery.com | |
| Support Ticket System | N/A |
| Online Chat | No |
| Social Media | Facebook, Youtube, and Twitter |
| Supported Language | N/A |
| Website Language | Multiple |
| Physical Address | N/A |
The Bottom Line
When investing in a brokerage account, it's important to keep a close eye on fees. However, there is no detailed information about trading fees on Max Wealth Jewellery's website. Furthermore, Trading with Max Wealth Jewellery may undermine security as they have no valid regulatory certificates. It is better to choose regulated brokers with transparent operationsto ensure the safety of your investments. When comparing brokerages, keep the potential risks firmly in mind.
FAQs
Is Max Wealth Jewellery safe？
Max Wealth Jewellery is not regulated by any reputable financial authority. Before choosing a brokerage, remember to consider the risk involved.
Is Max Wealth Jewellery good for beginners？
This firm could be a good fit for beginners because its minimum account balance is $250, which is not very high, and they provide a user-friendly platform except it is an unregulated brokerage company.
Does Max Wealth Jewellery offer leveraged trading？Yes, Max Wealth Jewellery provides leverage trading. It is up to 1:400.
Risk Warning
Online trading involves considerable risk, so it may not be suitable for every client. Please make sure that you totally understand the risks involved and notice that the information above provided in this review may be subject to alteration owing to the constant updating of the company's services and policies.
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