Maxmargin FX Review: Maxmargin Wealth Building Software a Scam?

Welcome to the Maxmargin FX review.

Maxmarginfx.com is claiming to provide a wealth builder software that uses artificial intelligence to make decisions.

If you want to “start building wealth”, you can contact +971 56 5004843. Minimum deposit is $10,000 and there’s no maximum.

They make it look very simple and convenient. Everybody can “grow rich” with this wealth building service. Now the question is whether MaxMargin FX can really make anyone rich.

We’ve encountered a number of companies claiming to offer supposed wealth building software but they never deliver. In fact, they turn out to be what we call investment scams.

Is Max Margin one of them?

If you doubt this company, you might be right. We recommend visiting this page to pick some of our top recommended trading software. 

MaxMargin FX Review

The company behind Max Margin FX, AL FAHAD FORTUNE TRADING is allegedly based in Dubai and is providing IT consultancy services.

They tell clients that the goal of Al Fahad Fortune Trading is to provide a wealth building software that is fully automatic, highly efficient and performance-oriented.

MaxMarginFX wants traders to know that their software is build upon the inputs of highly experienced and extremely successful capital markets traders.

These traders allegedly have many years of experience trading the financial markets and can be trusted with a software that handles wealth for clients.

MaxmarginFx.com also wants traders to know that capital preservation and thorough analysis of financial instruments is at the heart of this software.

According to the marketing materials of this website, Max Margin software users will live the life of their dreams because the software allows them to multiply their deposits for the following purposes:

• Building emergency fund account
• Building offspring education account
• Building financial freedom account
• Building rich retirement account
• Building extra income account

Expected annual returns is 52% which means that if people invest $10,000 in any given year, they should expect a profit of more than half the amount invested.

These promises seem too good to be true. It’s often said that when it’s too good to be true, chances are that it is.

We have done our research and analysis on the Max Margin FX website and one thing we don’t want to do is to take their word for it.

We’ll be looking at their trading performance as well as details of the people who will be monitoring the activities of their supposed wealth building software.

The service provided by Max Margin

The vendor boldly declares on the homepage that they’re providing “World Class Cognitive approach to use information technology in Forex account management cloud.”

This statement is quite cumbersome and to some extent grammatically incorrect. We understand that these guys come from Dubai and English is not their first language.

Nevertheless, the meaning is quite clear as we’re deducing that Max Margin FX is offering a cloud-hosted trading software that relies on Cognitive approach in conjunction with Information technology.

Max Margin believes that their software is highly efficient due to the statistical approach that was used in building it.

They tell amateur traders that they can become “experts overnight”.

This statement sounds a little gimmicky as we’ve never heard of any trading software that has the potential of turning amateur traders into overnight expert traders.

At this point, we’re interested in knowing how the software works because a vendor can only make these bold claims when they’re confident about the abilities of their trading system.

Based on what we’ve read on the Max Margin FX website, we understand that this trading system uses the following:

• Elliot wave pattern
• Support and resistance levels
• Pivot points
• Moving average crossover

MaxMargin also tells their clients that subscriber accounts will always be connected to Global FX market. We’re not sure what this is for because the vendor says investors can open an account with any broker of their choice.

Just like 500Investments, Global FX is an unregulated broker claiming to be an international STP broker.

Even though they provide both MT5 and cTrader platforms, the fact is that it can be dangerous entrusting this broker with your investments.

We’re also not sure whether they have offices in the United States as claimed on the official website.

Max Margin FX needs to clarify their relationship with this broker because there’s only one way in which they can relate, and that’s when they intending to gain commissions from sign-ups.

MaxMargin FX pricing

They charge 1% of your capital amount every month.

They promise an annual growth of 52% minus 12% which caters for the monthly subscription fees.

VPS backup is provided and risk approach is conservative.

It’s also important for investors to know that this wealth manager is promising a maximum draw down of 20% on a leveraged account of 1:20.

Trading performance

The vendor has just listed down a combination of trading indicators and we’re wondering whether these can form a strategy that will generate the alleged 52% annual returns.

They’ve provided a screenshot of their supposed FXblue account. This screenshot is laced with some java script technology but the whole presentation of trading results is questionable.

We do not understand why MaxMargin FX failed to embed a link to their FXblue account.

What they’re presenting is just a screenshot of a trading sample that was taken, probably in their best trading days.

This does not give us a proper overview of their trading performance and so we cannot begin discussing the numbers if we don’t know how authentic they are.

Conclusion

This trading system provider is definitely not our choice of recommendation. They do not have a proper software development background for trading and their trading results are suspicious.

While the annual return figure is achievable, MaxMargin FX has not demonstrated their ability to achieve those results.

MaxMargin Wealth Builder software remains a pipe dream since it can never deliver the expected results as promised by this vendor.

Furthermore, we don’t know what development experience these folks have. They’ve not disclosed their trading background and years of experience either.

No customer feedback from people who have used this software before. So how can we trust their claims?

Thanks for reading this MaxMargin Wealth Builder software review. If you’d like to make money, you should probably invest in trading software with real track record.