What Account Types and Fees Does MAXIMARKETS Offer?
| Account Type |
Target User Group |
Essential Characteristics |
Applicability Notes |
| Mini Account |
Beginner Traders |
Lower minimum deposit |
Suitable for small-capital practice |
| Standard Account |
Intermediate Traders |
Standard trading features |
Requires moderate trading experience |
| Silver Account |
Experienced Retail Traders |
Enhanced trading options |
Requires higher trading volume |
| Gold Account |
Advanced Traders |
Lower spreads |
Suitable for frequent trading |
| Platinum Account |
Professional Traders |
High leverage |
Requires significant trading volume |
| ECN Account |
Institutional and Corporate Clients |
Direct market access |
Requires corporate documentation and substantial capital |
Account Opening Process
To open an account with MAXIMARKETS, follow these steps: First, click the “REGISTRATION/AUTHORIZATION” link on the website and fill out the required personal details. Next, submit your employment and financial information for verification. You will also need to provide identity verification documents, such as an ID and proof of address. Once your account is verified, you can fund it and begin trading. It’s important to note that there is flexibility in account types, allowing for the possibility of upgrading to a professional account later if you meet the necessary requirements.
Trading Fees
| Product |
Spread (pips) |
Commission |
Notes |
| Forex (Major Pairs) |
Varies |
$X per lot |
Competitive spreads for major pairs |
| CFDs (Stocks) |
Varies |
$X per lot |
Standard trading conditions apply |
| CFDs (Indices) |
Varies |
$X per lot |
Market-dependent spreads |
| CFDs (Commodities) |
Varies |
$X per lot |
Commodity prices fluctuate |
| Cryptocurrencies (BTC/USD) |
Varies |
$X per lot |
Variable spreads depending on market conditions |
Other Fees
Additional costs associated with trading at MAXIMARKETS may include deposit and withdrawal fees, which can vary depending on the payment method. Inactivity fees may apply if there is no trading activity for a prolonged period. There may also be platform usage fees and overnight interest (swap rates) for holding positions overnight, as well as potential currency conversion fees when trading different currencies.
