Below is a detailed analysis of MaxGlobalFX based on the provided criteria, including online complaints, risk level assessment, website security, WHOIS lookup, IP and hosting, social media, red flags, regulatory status, user precautions, and potential brand confusion. The analysis draws on available information and critical evaluation to provide a comprehensive overview.

1. Online Complaint Information ¶

Findings:

• Forex Peace Army Reviews (2021-2022): Multiple user complaints highlight significant issues with MaxGlobalFX, particularly delays in withdrawal processing. For example, one user reported a withdrawal request pending for over a month (from February 27 to March 30, 2022) with no response [Web ID: 0]. Another user noted similar issues, stating withdrawals remained pending for weeks with unresponsive customer service [Web ID: 0]. These complaints suggest operational inefficiencies or potential foul play.
• Association with Net89: Some reviews link MaxGlobalFX to Net89, a multi-level marketing (MLM) scheme that was reportedly shut down by the Indonesian government [Web ID: 0]. This association raises concerns about the broker’s business model and legitimacy.
• Mixed Feedback: While some users praised the platform’s user-friendly interface and reported consistent profits (e.g., 12% monthly returns), others labeled it a scam, particularly due to withdrawal issues and MLM connections [Web ID: 0]. The polarized reviews suggest selective positive feedback may be manipulated or from affiliated users.
• WikiFX Complaints: Reports of severe slippage and inability to withdraw funds were noted, further indicating potential operational risks [Web ID: 19]. Analysis: The prevalence of withdrawal delays and unresponsive customer service is a significant red flag. While some positive reviews exist, they are overshadowed by consistent complaints about fund access, which is critical in forex trading. The connection to Net89 and MLM practices suggests a possible Ponzi-like structure, where new investor funds may be used to pay earlier investors, a common scam tactic.

---

2. Risk Level Assessment ¶

Findings:

• BrokerChooser (2025): MaxGlobalFX is explicitly flagged as “not a safe and trusted choice” due to the lack of regulation and concerns about operational practices [Web ID: 17]. BrokerChooser’s analysis, based on testing over 100 brokers, emphasizes the risks of unregulated brokers.
• Scam Detector and Trust Scores: The website maxglobal-asia.com has a trust score of 60/100 from aetrustscore.com, indicating moderate risk [Web ID: 8]. No active threats were reported by users on cutestat.com, but the lack of consistent positive reputation data raises concerns [Web ID: 5].
• Unregulated Status: Multiple sources confirm MaxGlobalFX operates without oversight from any recognized regulatory body, a major risk factor [Web ID: 4, 17, 19]. Unregulated brokers lack accountability, increasing the likelihood of fund misappropriation. Analysis: The absence of regulation, combined with a moderate trust score and explicit warnings from reputable platforms like BrokerChooser, places MaxGlobalFX in a high-risk category. Unregulated brokers are prone to mismanagement or outright fraud, as there’s no legal recourse for investors in case of disputes. The mixed trust scores suggest uncertainty rather than safety.

---

3. Website Security Tools ¶

Findings:

• Cloudflare Hosting: The website uses Cloudflare for hosting and DNS services, which provides DDoS protection and SSL encryption [Web ID: 1, 7, 13]. This indicates basic security measures are in place.
• Privacy Policy: MaxGlobalFX’s privacy statement claims to restrict access to nonpublic personal information and maintain physical, electronic, and procedural safeguards [Web ID: 15]. However, it also states that personal information may be shared with affiliates or third parties with user consent, which could be vague or exploitable [Web ID: 11].
• WOT Safety Check: Web of Trust (WOT) assesses maxglobal-asia.com for safety but lacks conclusive data on malware or phishing risks [Web ID: 16]. No specific reports of security breaches were found. Analysis: The use of Cloudflare and SSL suggests standard security practices, but these are industry norms and not indicative of trustworthiness. The privacy policy’s ambiguity about data sharing is concerning, as unregulated brokers may misuse personal information. Without independent audits or transparency about security protocols, the website’s security cannot be fully trusted.

---

4. WHOIS Lookup ¶

Findings:

• Domain Information:
• Domain Name: maxglobal-asia.com
• Registry Domain ID: 2450929515_DOMAIN_COM-VRSN
• Registrar: NameCheap, Inc.
• Creation Date: November 3, 2019
• Expiry Date: November 3, 2024 [Web ID: 1, 5, 7, 13, 18]
• Registrant: Redacted for Privacy, provided by Withheld for Privacy ehf (Iceland-based privacy service) [Web ID: 5, 18]
• Name Servers: doug.ns.cloudflare.com, tara.ns.cloudflare.com
• DNSSEC: Unsigned
• Registrant Anonymity: The use of a privacy service to obscure registrant details is common but raises concerns for a financial services provider [Web ID: 5]. Analysis: The domain is relatively new (created in 2019), which is not unusual but warrants caution for a broker claiming “over 12 years of industry experience” [Web ID: 6]. The redacted WHOIS data limits transparency, a red flag for a broker handling sensitive financial transactions. Legitimate brokers typically provide verifiable contact details to build trust.

---

5. IP and Hosting Analysis ¶

Findings:

• Hosting Provider: Cloudflare, Inc., with servers located in the United States [Web ID: 1, 3, 7, 13].
• IP Addresses:
• IPv4: Multiple IPs, including 172.67.37.53, 104.22.22.114, 104.22.23.114 [Web ID: 20]
• IPv6: Corresponding addresses linked to Cloudflare [Web ID: 20]
• Server Location: San Francisco, CA, USA [Web ID: 1, 7].
• Traffic Data: The site receives approximately 2,000 visitors and 6,100 page impressions daily, with a global traffic rank of #583,242 [Web ID: 3, 5]. Analysis: Cloudflare is a reputable hosting provider, ensuring reliable uptime and security. However, the U.S.-based servers contrast with the broker’s claimed operations in Saint Vincent and the Grenadines and Malta [Web ID: 11, 19], suggesting potential jurisdictional discrepancies. The moderate traffic rank indicates limited popularity, which may reflect a niche or untrusted platform.

---

6. Social Media Presence ¶

Findings:

• WikiFX Report: MaxGlobalFX maintains a presence on Twitter and Facebook, allowing traders to stay updated [Web ID: 19]. However, specific engagement metrics (e.g., followers, post frequency) are not provided.
• Facebook Engagement: TraceMyIP reports a Facebook engagement score of 271 for maxglobalfx.com, indicating low to moderate activity [Web ID: 20].
• Limited Data: No detailed analysis of social media content or user sentiment is available from the provided sources. Analysis: The limited social media presence and low engagement suggest MaxGlobalFX does not prioritize community building or transparency through social platforms. Legitimate brokers often use social media to showcase client success, provide market updates, and engage actively. The lack of robust social media activity is a minor red flag, especially for a broker targeting global clients.

---

7. Red Flags and Potential Risk Indicators ¶

Findings:

• Unregulated Status: The absence of oversight from reputable regulators (e.g., FCA, ASIC, CySEC) is a critical red flag [Web ID: 4, 17, 19]. Unregulated brokers face no legal accountability, increasing the risk of fraud.
• MLM Association: Links to Net89, an MLM scheme shut down in Indonesia, suggest questionable business practices [Web ID: 0]. MLM structures in forex are often used to lure investors into unsustainable models.
• Withdrawal Issues: Consistent complaints about delayed or pending withdrawals indicate potential liquidity issues or intentional withholding of funds [Web ID: 0].
• Automated Trading Software: MaxGlobalFX’s association with “automated trading software” is flagged as a scam risk, as such tools are often used in fraudulent schemes [Web ID: 4].
• Jurisdictional Confusion: The broker claims ties to Saint Vincent and the Grenadines, Malta, and an address in St. Vincent and the Grenadines, yet its servers are in the U.S. [Web ID: 11, 19]. This discrepancy raises questions about its operational base.
• Exaggerated Claims: Claims of “over 12 years of industry experience” conflict with the domain’s 2019 creation date, suggesting potential misrepresentation [Web ID: 6, 18].
• Dormant Account Fees: A $30 fee for inactive accounts, which can drain balances to zero, is aggressive and investor-unfriendly [Web ID: 11]. Analysis: The combination of an unregulated status, MLM ties, withdrawal issues, and jurisdictional inconsistencies forms a pattern of high-risk indicators. Automated trading software and exaggerated experience claims further erode credibility. These red flags align with common tactics used by scam brokers, such as promising high returns while obstructing fund access.

---

8. Website Content Analysis ¶

Findings:

• Professional Presentation: The website (maxglobal-asia.com) offers a polished interface with sections on investment management, trading platforms (MT4), and asset classes (forex, crypto, commodities, stocks, CFDs) [Web ID: 0, 6, 19].
• Risk Warnings: The site includes risk disclosures, stating that “your capital is at risk” and “leveraged products may not be suitable for everyone” [Web ID: 6, 11, 15]. This is standard but does not mitigate other concerns.
• Terms and Conditions: The T&Cs emphasize user consent for data sharing and prohibit unauthorized system access, but they also allow MaxGlobalFX to modify terms without direct user notification [Web ID: 11]. The legal jurisdiction is Saint Vincent and the Grenadines, a known haven for unregulated brokers.
• Privacy Policy: The policy claims to protect personal information but permits sharing with affiliates or third parties, which lacks specificity [Web ID: 15].
• Content Gaps: The website lacks detailed information about the company’s leadership, audited financials, or regulatory licenses, which are standard for legitimate brokers [Web ID: 6, 11]. Analysis: While the website appears professional and includes standard disclaimers, it lacks transparency about the company’s operations, leadership, or verifiable credentials. The vague data-sharing policy and modifiable T&Cs give MaxGlobalFX excessive control over user data and obligations, a tactic used by untrustworthy platforms to limit accountability.

---

9. Regulatory Status ¶

Findings:

• No Valid Licenses: MaxGlobalFX is explicitly described as unregulated by multiple sources, including BrokerChooser, WikiFX, and Personal Reviews [Web ID: 4, 17, 19]. It does not fall under any recognized regulatory body (e.g., FCA, ASIC, CySEC).
• Jurisdictional Claims: The broker references Saint Vincent and the Grenadines and Malta but provides no evidence of licensing in these jurisdictions [Web ID: 11, 19]. Saint Vincent and the Grenadines is a known offshore hub with lax oversight.
• BrokerChooser Recommendation: Only brokers with top-tier regulation are recommended, and MaxGlobalFX fails this criterion [Web ID: 17]. Analysis: The complete lack of regulatory oversight is a dealbreaker. Regulated brokers are subject to audits, capital requirements, and client fund segregation, none of which apply to MaxGlobalFX. Operating from Saint Vincent and the Grenadines, a jurisdiction with minimal financial oversight, further heightens the risk of fraud or insolvency.

---

10. User Precautions ¶

Recommended Actions:

• Avoid Investment: Given the unregulated status, withdrawal complaints, and MLM ties, users should avoid trading with MaxGlobalFX to prevent potential financial loss.
• Verify Regulation: Only engage with brokers licensed by top-tier regulators (e.g., FCA, ASIC, CySEC). Check regulator websites directly to confirm licenses.
• Test Withdrawals: If already invested, attempt a small withdrawal immediately to test the platform’s reliability. Document all communications.
• Secure Accounts: Use strong, unique passwords and enable two-factor authentication (if available) to protect account access.
• Report Issues: If funds are inaccessible, report to the National Scams Response Centre (NSRC) at 997 or the broker’s listed contact (admin@maxglobalfx.com, +1-661-310-2107) and document all interactions [Web ID: 19, 23].
• Educate Yourself: Review resources on scam prevention, such as Maxis’s guide on identifying fraud or BrokerChooser’s safety tips [Web ID: 17, 23].
• Monitor Accounts: Regularly check account balances and transaction history for unauthorized activity. Analysis: Users must prioritize due diligence and skepticism when dealing with unregulated brokers. The high risk of fund loss with MaxGlobalFX necessitates immediate action to secure funds and avoid further engagement. Reporting mechanisms and education are critical to mitigating damage.

---

11. Potential Brand Confusion ¶

Findings:

• Domain Variations: The official website is maxglobal-asia.com, but maxglobalfx.com is also referenced, creating potential confusion [Web ID: 4, 10, 20]. Similar domains (e.g., naxglobal-asia.com, maxglobal-asia.net) are listed, which could be used for phishing or copycat scams [Web ID: 1, 7, 13].
• Name Similarity: The name “MaxGlobalFX” resembles legitimate brokers (e.g., Max Fx Global), potentially leading to mistaken identity [Web ID: 17]. The use of “Max” in branding (e.g., Maxis, MaxNet) could confuse users across industries [Web ID: 10, 23].
• Net89 Association: The link to Net89, a separate brand, may confuse users about the broker’s primary focus (forex vs. MLM) [Web ID: 0]. Analysis: The use of multiple domains and similar brand names increases the risk of user confusion, a tactic often employed by scam brokers to exploit trust in established brands. The similarity to other financial entities and the Net89 connection could mislead users into assuming legitimacy. Users must verify the exact URL and brand before engaging.

---

Overall Assessment ¶

Risk Level: High

• Primary Concerns: Unregulated status, consistent withdrawal delays, MLM associations, and jurisdictional discrepancies make MaxGlobalFX a high-risk platform. The lack of transparency, exaggerated claims, and red flags align with characteristics of scam brokers.
• Recommendation: Avoid trading with MaxGlobalFX. Users with existing accounts should attempt to withdraw funds immediately and report issues to relevant authorities. Engage only with regulated brokers to ensure fund safety.
• Critical Red Flags:
• No regulatory oversight
• Links to Net89 (MLM scheme)
• Withdrawal processing delays
• Jurisdictional inconsistencies
• Vague data-sharing policies
• Exaggerated experience claims Sources:
• Forex Peace Army Reviews [Web ID: 0]
• BrokerChooser Analysis [Web ID: 17]
• WikiFX Review [Web ID: 19]
• Personal Reviews [Web ID: 4]
• WHOIS and Hosting Data [Web ID: 1, 5, 7, 13, 18]
• Scam Detector and Trust Scores [Web ID: 8, 12]
• MaxGlobalFX Website Terms and Privacy [Web ID: 6, 11, 15] Note: Always verify broker credentials directly with regulatory bodies and exercise caution with unsolicited investment offers. If you need assistance finding a regulated broker, I can provide recommendations based on your trading needs.