• Company name: Chemmi Holdings Ltd
  • Registration/license: None
  • Registration/license requirement: –

About MaxCFD
🗺️ Registered inNo Registration
🗺️ Type of LicenseNo License
🛡️ Is MaxCFD safe to tradeNo
🗺️ Recommended LicensesFCA in UK 🇬🇧 & ASIC in Australia 🇦🇺
🖥 Alternative BrokerFP Markets - licensed by ASIC in Australia

Is MaxCFD a regulated forex broker or a scam?

no, MaxCFD broker is Non-Regulated Broker. It is NOT SAFE to trade.while we checked the company there is no authorization or registration of the address, therefore the company seems to be highly suspicious while might operate its services from an absolutely different location.

MaxCFD is a forex broker operated by Chemmi Holdings Ltd. The website of the company shares its location – London, UK. They also mention the regulation number of the company but don’t mention the regulatory institution who authorized it. The main UK regulator is Financial Conduct Authority and there are no records about MaxCFD being registered there, moreover, the broker is blacklisted by UK’s FCA. Also, New Zealand’s FMA has recently issued a warning against MaxCFD for targeting New Zealand residents. In case of getting the license from New Zealand’s FMA (Financial Markets Authority), the broker needs to have a physical office in New Zealand and minimum net tangible assets of 1 million NZD or 10% of average revenue. It is about $35,000-50,000 for a license depending on its type.

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