Trademax
Trademax Broker Overview
Here is every key fact about Trademax in one table — regulation, contact details, deposit rules, leverage, spreads, platforms and account features.
| Feature | Trademax |
|---|---|
| Broker name | Trademax |
| Foundation year | 2017 |
| Headquarters | GPO Box 826 Sydney NSW 2001 Australia |
| Country | Australia |
| Telephone | +61 2 8036 8388 |
| Email / Skype | support@glcapital.com.au |
| Fax | +61 2 8036 8389 |
| Regulated by | Regulated by Australia Securities & Investments Commission (AFSL No. 436416). |
| Type of broker | ECN/STP |
| Min. deposit | $200 |
| Max leverage | 1:400 |
| Min. spreads | 0.2 pip |
| Funding methods | Bank transfer, credit card, Skrill, Neteller |
| Withdrawal methods | Bank transfer, credit card, Skrill, Neteller |
| Base currencies | USD, EUR & More |
| Languages | English, Chinese |
| Trading platforms | MetaTrader 4 |
| Web trading | ✓ Yes |
| Mobile trading | ✓ Yes |
| News trading | ✓ Yes |
| Hedging & scalping | ✓ Yes |
| Free demo account | ✓ Yes |
| Mini accounts | ✓ Yes |
| VIP accounts | ✓ Yes |
| Managed accounts | ✓ Yes |
| Segregated accounts | ✓ Yes |
| Islamic accounts | ✓ Yes |
| Swap free accounts | ✓ Yes |
| No deposit bonus | ✗ No |
| Promotion | Yes |
In simple words: traders get MetaTrader 4, spreads from 0.2 pip, leverage up to 1:400 and a $200 minimum deposit. New clients can also check the current Yes.
Is Trademax Safe? Regulation and Company Details
Trademax is a regulated broker. Regulated by Australia Securities & Investments Commission (AFSL No. 436416). The broker says client money is kept in segregated accounts, separate from company funds.
Regulation
Regulated by Australia Securities & Investments Commission (AFSL No. 436416).
Head office
GPO Box 826 Sydney NSW 2001 Australia (Australia)
Client funds
Client money is held in segregated accounts, apart from company funds.
Track record
In business since 2017. Support is reachable by phone and email.
Tip: Always check the licence number on the regulator's own website. Offshore regulators do not offer the investor compensation schemes or leverage caps of top-tier regulators such as the FCA or CySEC, which is why leverage here can reach 1:400.
Trademax Trading Conditions
Spreads and commissions
Trademax spreads start from 0.2 pip. Raw-spread style accounts usually charge a small commission per lot, while commission-free accounts have wider spreads. If you trade often or scalp, the raw option is usually cheaper.
Leverage
Maximum leverage reaches 1:400, depending on the account type and the instrument you trade. High leverage lets you open bigger positions with less margin, but losses grow just as fast.
Trading platforms
MetaTrader 4
Desktop platform
Trading styles allowed
Hedging, scalping and news trading are allowed — good news for short-term traders. Web and mobile trading are available.
This Trademax review covers regulation, fees, platforms and bonuses.
Official website: Trademax
Trademax Account Types
Trademax offers several account options so both beginners and experienced traders can find a fit. Live accounts start from a $200 deposit.
Free demo account
Practise with virtual money and test strategies risk-free.
Mini accounts
Smaller trade sizes and a low entry cost for beginners.
VIP accounts
Tighter pricing and priority service for larger balances.
Managed accounts
Let a strategy provider or money manager trade for you.
Segregated accounts
Client funds are kept apart from company money.
Islamic / swap-free
No overnight swap charges, in line with Sharia principles.
You can open accounts in these base currencies: USD, EUR & More. Choosing the currency you spend in helps you avoid conversion fees.
Deposits and Withdrawals at Trademax
Trademax supports the same methods for funding and withdrawals. Withdrawals normally go back to the method you used to deposit.
E-wallets are usually the fastest. Bank wires take longer and your bank may charge a fee. Finish identity verification (KYC) early so your first withdrawal is not delayed.
Trademax Bonus and Promotions
Bonuses are a big reason traders search for Trademax. Availability depends on your country and the account type.
- Yes — the current promotion for Trademax clients. Check the volume rules before you claim it.
How bonus credit really works
- Bonus credit is used as margin; it usually cannot be withdrawn directly.
- Profits made with the bonus are yours, but a minimum trading volume often applies first.
- Withdrawing money early can remove part or all of the bonus.
- Bonuses are not offered in every country or on every account type.
Bonus terms change often. Always read the latest rules on the official Trademax website before accepting any offer.
Trademax Pros and Cons
Pros
- Regulated by Australia Securities & Investments Commission (AFSL No. 4...
- Yes
- Low $200 minimum deposit
- Spreads from 0.2 pip, ECN/STP execution
- MetaTrader 4
- Hedging and scalping allowed
- Islamic, mini, VIP and managed accounts
Cons
- No no-deposit bonus
- Bonus comes with trading-volume rules
How to Open a Trademax Account
- RegisterFill in your name, email, country and phone number on the Trademax sign-up page.
- Verify your identityUpload a photo ID and a proof of address (utility bill or bank statement).
- Choose an accountPick the account type, base currency, leverage and platform (MT4).
- Fund and tradeDeposit from $200 with your preferred method, claim any eligible bonus, then log in and start trading.
About Trademax
Trademax Review: Overview
Trademax is an ECN/STP forex broker established in 2017 and based in Australia. Its head office is at GPO Box 826 Sydney NSW 2001 Australia. The broker offers online trading in forex and other markets through MetaTrader 4, with access on the web and on mobile devices. Traders who want to see the latest details can visit the official website at Trademax.
ECN/STP is a common model among brokers that aim to pass client orders on to liquidity providers rather than trading against them directly. In practice, this can affect how spreads and execution behave, so it is worth testing the conditions on a demo account before committing real money. As with any leveraged product, trading forex and CFDs carries a high risk of losing money, and you should only trade with funds you can afford to lose.
This review looks at Trademax's regulation, account types, trading platforms, costs, leverage, funding options, bonuses, and the main advantages and drawbacks of the broker. Where a detail is not clearly published in the information available, we say so instead of guessing.
Regulation and Safety
Trademax is regulated by the Australian Securities & Investments Commission (ASIC) under AFSL No. 436416. Holding an Australian Financial Services Licence means the broker must meet ASIC's rules on how it conducts business with clients. Regulation does not remove trading risk, but it does give traders a formal body to turn to if something goes wrong.
Trademax also states that it segregates client funds. In general terms, segregation means client money is kept separate from the broker's own operating money. This is an important safeguard, because it helps protect your deposits if the broker runs into financial difficulty. Before opening an account, read the broker's client agreement and risk disclosures on the official website so you know exactly how your funds are handled.
Account Types
Trademax offers a range of account types, which makes it easier to match the account to your experience and trading style. The broker lists the following options:
- Mini accounts for traders who want to start with smaller position sizes.
- VIP accounts for more experienced or higher-volume clients.
- Islamic accounts that are designed to be swap-free in line with Sharia principles.
- Swap-free accounts for traders who want to avoid overnight financing charges.
- Managed accounts where trading is handled on the client's behalf.
Account base currencies include USD, EUR and others. Choosing the right base currency matters because it affects how your profits, losses and margin are calculated. If you are unsure which option suits you, check the account conditions on the official website before you deposit.
Trademax also offers a free demo account. A demo account lets you practise with the platform, test your strategy and get familiar with order types without risking real money. It is a sensible first step for beginners and a useful check for experienced traders who are new to this broker.
Trading Platforms
Trademax provides MetaTrader 4 (MT4), one of the most widely used retail trading platforms. MT4 offers charting tools, technical indicators, custom scripts and automated trading through Expert Advisors, provided the account conditions allow it. Trademax also offers web trading and mobile trading, so you can manage positions from a browser or a smartphone.
Trading rules at Trademax allow hedging, scalping and news trading. These strategies are not suitable for everyone, and some traders find that news releases cause sharp spread widening and rapid price moves. If you plan to use any of these approaches, test them on the demo account first and confirm the current rules in the broker's terms.
Spreads, Fees and Leverage
Trademax advertises minimum spreads from 0.2 pip. A minimum spread is the tightest level quoted under normal conditions, not a fixed cost for every trade. Actual spreads vary by instrument, market conditions and account type, and they can widen during volatile periods such as major economic announcements. Compare the live spreads on the demo platform with those of other brokers before you choose.
Maximum leverage at Trademax is 1:400. High leverage allows you to control a large position with a small amount of margin, which can magnify profits but also magnify losses. Leverage may be lower depending on your country of residence and the account type you choose. Many regulators in other regions restrict leverage for retail clients, so the availability of 1:400 will depend on where you live.
The minimum deposit is 200. The currency of that amount and any other charges, such as commissions, withdrawal fees or inactivity fees, should be confirmed on the official website or in the fee schedule before funding an account. Trading costs are only one part of the picture, so consider the total cost of your trading, not just the headline spread.
Deposits and Withdrawals
Trademax accepts deposits by bank transfer, credit card, Skrill and Neteller. Withdrawals are available through the same four methods. Using the same method for both deposits and withdrawals is a common practice and can make it easier to track your funds.
Processing times, limits and any fees for each method can differ, and they may change over time. Before you deposit, check the current payment details in your client area or on the official website. Be aware that some payment providers charge their own fees, and currency conversion may apply if your deposit currency differs from your account base currency.
Bonuses and Promotions
Trademax offers a welcome bonus and other promotions. The broker does not offer a no-deposit bonus, so you will need to fund your account to access the current offers. Bonus amounts, eligibility rules, withdrawal conditions and expiry periods can all change, so always read the full terms before you claim anything.
Bonuses can be useful, but they often come with conditions such as trading volume requirements or restrictions on withdrawing bonus funds. A bonus should never be the main reason you choose a broker. Focus first on regulation, costs, platform quality and how well the account suits your needs. For more on how promotions work across the industry, see our related guides listed on this page.
Customer Support
The Trademax website is available in English and Chinese, which helps clients who prefer to read in either language. Support details such as available hours, contact channels and response times are not covered in the information available for this review. Check the official website for the current contact options, and test the response quality by sending a pre-sales question before you open an account.
Pros and Cons
Pros
- Regulated by ASIC (AFSL No. 436416).
- Segregated client funds, according to the broker.
- ECN/STP execution model with minimum spreads from 0.2 pip.
- Leverage up to 1:400 for eligible clients.
- Low minimum deposit of 200.
- MetaTrader 4 with web and mobile access.
- Wide range of account types, including mini, VIP, Islamic, swap-free and managed accounts.
- Free demo account for practice.
- Hedging, scalping and news trading are allowed.
- Website available in English and Chinese.
Cons
- Only MetaTrader 4 is listed, so traders who want other platforms may look elsewhere.
- High leverage increases the risk of rapid losses.
- Minimum spreads are not the same as typical spreads, so live costs need to be checked.
- No no-deposit bonus is offered.
- Deposit and withdrawal options are limited to four methods.
- Fees, commissions and support hours are not fully detailed in the information available here.
Verdict
Trademax is an ASIC-regulated ECN/STP broker with a low minimum deposit, a broad set of account types and access to MetaTrader 4 on the web and on mobile. Its support for hedging, scalping and news trading, along with Islamic and swap-free accounts, makes it relevant to a range of traders. The welcome bonus and other promotions add to the offer, though they should be judged only after reading the full terms.
The main points to verify before opening an account are the live spreads, the fees that apply to your account and payment method, the leverage available in your country, and the current bonus conditions. Test the platform on the free demo account first. Trading forex and CFDs on leverage carries a high risk of losing money, so only trade with capital you can afford to lose and consider seeking independent financial advice if you are unsure.
Frequently Asked Questions
Is Trademax regulated?
Yes. Trademax is regulated by the Australian Securities & Investments Commission under AFSL No. 436416. You can confirm the licence details through ASIC's public register.
What is the minimum deposit at Trademax?
The minimum deposit is 200. Check the official website for the deposit currency and any charges that may apply to your payment method.
Does Trademax offer a demo account?
Yes, Trademax offers a free demo account, which is a good way to test the MetaTrader
Risk warning: Leveraged products such as forex and CFDs may not suit all investors and carry a high risk to your capital. Make sure you understand the risks, consider your goals and experience, and seek independent advice if needed.
Final Verdict: Should You Choose Trademax?
Trademax offers a $200 entry cost, MT4 platforms and a track record since 2017.
Trademax suits traders who understand the risks of leveraged CFD trading. Start small, test a withdrawal early and use sensible leverage.
