Reported Website: https://www.maxtrader.ltd/
MAXtrader claims to be an investment or stock trading company that was founded in 2016. But when we checked its domain, we found it was created in 2022. So how could it start its business in 2016? It is a red flag here. Besides, MAXtrader presents zero details of its regulations but only shows its company address is in Kuala Lumpur. However, we did not find any match results to this company in the Labuan Financial Services Authority (LFSA). The truth is, MAXtrader is not under valid regulation by any regulators to provide investment services. Investors’ funds in this company are unsafe and cannot be protected by any law. It is a scam.
