Attention! Do Not Fall For The Russian MaxiMarkets And MaxiTrade Broker Scams!

Apachewell facilitates credit card deposits for MaxiMarkets
Spread financial intelligence

MaxiMarkets is already an old scam and is still not gone. In April 2019, the Spanish regulator CNMV issued a warning, and in August 2020, the Italian regulator Consob had the offshore broker’s website blocked for Italian consumers. The Financial Commission has also placed MaxiMarkets on its warning list. However, the scam is still active and targets mainly Russian-speaking victims. We have discovered Ramp and the Irish Apachewell as payment processors.

Key Data

Trading namesMaxiMarkets
Business activityCFD and forex broker
Legal entityMaxi Markets Limited (SVG)
Maxi Services Ltd (Marshall Islands)
Maxi Platinum Ltd (Bulgaria)
Day Dream Investments
JurisdictionsSt. Vincent & The Grenadines
Marshall Islands, Russia,
Contact data+7 (495) 1453496
Payment optionsCredit/debit card, crypto, wallet
Payment processorsRamp, WebMoney, Apachewell Limited
WarningsCNMV, Consob
Related schemesMaxiTrade
Ramp facilitates credit card deposits for MaxiMarkets broker scam

Short Narrative

Customers can lose their money in the MaxiMarkets scam using credit/debit cards, WebMoney, or crypto deposits. In fact, credit card transactions via Ramp are also disguised crypto transactions because victims use credit cards to buy cryptos via the Ramp network. These cryptos are then transferred to MaxiMarkets. Thus, there is no possibility of chargeback for the victims because they purchased and received cryptos.

Apachewell Limited, registered in Dublin, also acts as a payment processor for credit card payments for MaxiMarkets.

Stay far away and maintain your financial health.

Share Information

If you have any information about MaxiMarkets, its operators, or its facilitators, please let us know through our whistleblower system, Whistle42.

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