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Trademax
Overall Rate
8
/10
Rebate Amount
1 USD
Summary
Trademax has become one of the top Australian brokers. Multiple regulations, high leverage and dedicated sales stuff makes Trademax a great choice among the traders.
Summary
Description
Comment
Headquarter
Australia
Leverage
1:500
Minimum Deposit
100USD
Stopout
%50
Platforms
MT4,MT5
Account Type
Classic,Raw
Regulation
ASIC,New Zeland,Vanuatu,Mauritius
Execution Type
Market/STP
Currency
USD,EUR,GBP,AUD
Support Language
English, Chinese, Portuguese, Spanish, Thai, Vietnamese, French, Italian, Malaysian, Korean, Arabic
Payment Method
Wire Transfer,Credit Card,Crypto
Islamic Account
Conditional
Average Trading Cost FX
7usd per lot
Average Trading Cost Metals
7usd per lot
Average Trading Cost CFD
7usd per lot
Average Trading Cryptos
Social Trading
Yes
PAMM
Yes
Scalping
Allowed
Rollover Trading
Allowed
Widened Spreads
Stoploss
Not Guaranteed
Take Profit
Not Guaranteed
Pros
Cons
Competitive trading fees in its commission-based accounts
Tier1 regulation including ASIC
Low minimum deposit requirement and leverage of up to 1:500
Choice of trading platforms and mobile apps & selection of copy trading services
Limitation on speculative strategies
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