Basic Information
Registered Region 
Mauritius
MauritiusOperating Period
2-5 years
Company Name
Pemaxx Global Limited
Customer Service Email Address
support@pemaxx.com
Contact Number
+971588351485
Company Website
Global Broker Regulation Inquiry App
WikiFX
No Regulation
Score
0
1
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3
4
5
6
7
8
9
.
0
1
2
3
4
5
6
7
8
9
0
1
2
3
4
5
6
7
8
9
/10
The WikiFX Score of this broker is reduced because of too many complaints!
Pemaxx
Mauritius
|
2-5 years
|
Suspicious Regulatory License
|
MT5 Full License
|
Regional Brokers
|
Mauritius Retail Forex License Revoked
|
High potential risk
https://pemaxx.com/
Website
Rating Index
MT4/5 Identification
MT4/5
Full License
PemaxxGlobal-Server
United Kingdom
2
Influence
C
Influence index NO.1
India 3.26The WikiFX Score of this broker is reduced because of too many complaints!
MT4/5 Identification
MT4/5 Identification
Full License
2
Server Name
PemaxxGlobal-Server MT5
Server Location United Kingdom
United KingdomInfluence
Influence
C
Influence index NO.1
India 3.26Surpassed 21.40% brokers
Biz Area
Search Statistics
Advertising
Social Media Index
Contact
+971 588351485
support@pemaxx.com
https://pemaxx.com/
20 Edith Cavell Street, Level 6 Ken Lee Building, Port Louis 11302,Mauritius
LicensesLicensed Entity：Pemaxx Global Limited
License No. C24209694
Warning: Low score, please stay away!
- It has been verified that this broker currently has no valid forex regulation. Please be aware of the risk!
4
12
Account
Related Software
Biz Area
Website
Company Summary
News
Wiki Q&A
Comment
Account
- Environment--
- Currency--
- Maximum Leverage1:500
- SupportedEA
- Minimum Deposit--
- Minimum Spread0.1
- Depositing Method(4+) VISA
- Withdrawal Method--
- Minimum Position0.01
- Commission--
- ProductsForex, Crypto, Metal, Commodities, Indices CFDs
Updated：
MT4/5
Full License MT5
0
MT4 Servers
1
MT5 Servers
159.00
Average execution speed/ms
Formal full license MT4/5 traders will have sound system services and follow-up technical support. Generally, their business and technology are relatively mature and their risk control capabilities are strong
Meta Trader 5
Perfect
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pemaxx.com
95.111.245.189Server LocationICP registration--Most visited countries/areas--Domain Effective Date--Website--Company--
Company Summary
| Pemaxx Review Summary | |
| Founded | 2023 |
| Registered Country | Mauritius |
| Regulation | FSC (Offshore regulated) |
| Market Instruments | Forex, Commodities, Cryptos, CFDs, Indices, Stocks |
| Demo Account | ✅ |
| Leverage | Up to 1:500 |
| Spread (EUR/USD) | From 0.1 pips (ECN account); 0.3–0.6 pip on other accounts |
| Trading Platform | MetaTrader 5 (MT5) |
| Minimum Deposit | $10 |
| Customer Support | Phone: +971588351485 |
| Email: support@pemaxx.com | |
Pemaxx Information
Pemaxx, created in 2023 and registered in Mauritius, is a licensed broker with a license from the Mauritius Financial Services Commission (FSC, No. C24209694). It provides a comprehensive range of trading services, including forex, commodities, cryptocurrency, indices, and stocks, all accessible through the MetaTrader 5 platform, with several account kinds to meet the demands of different traders.
Pros and Cons
| Pros | Cons |
| Regulated by Mauritius FSC | No MetaTrader 4 or cTrader platforms |
| Wide range of tradable instruments | Relatively new, founded only in 2023 |
| Multiple account types, including ECN |
Is Pemaxx Legit?
Yes, Pemaxx Global Limited is regulated. It holds a Retail Forex License issued by the Financial Services Commission (FSC) of Mauritius, under license number C24209694.
What Can I Trade on Pemaxx?
Pemaxx Global Limited provides a wide selection of tradable items, including major forex pairs, commodities, cryptocurrency, indices, and stocks. It portrays itself as a worldwide trusted partner offering a variety of trading solutions.
| Tradable Instruments | Supported |
| Forex | ✓ |
| Commodities | ✓ |
| Indices | ✓ |
| Stocks | ✓ |
| Cryptos | ✓ |
| Bonds | ✗ |
| Options | ✗ |
| ETFs | ✗ |
Account Type
Pemaxx offers seven different types of live trading accounts, as well as demo accounts for practice. It also has swap-free (Islamic) accounts. Titanium and Diamond accounts are aimed for new traders; Silver and Gold are for small to medium traders; Platinum and Elite are for experienced traders looking for better terms; and the ECN account is for professional traders looking for the lowest spread.
| Account Type | Minimum Deposit | Spread (from) | Commission | Suitable for |
| Titanium | $10 | 0.6 pips | 0 | Beginners with minimal capital |
| Diamond | $30 | Entry-level traders | ||
| Silver | $50 | 0.5 pips | Small account traders | |
| Gold | $100 | Small to medium traders | ||
| Platinum | $1,000 | 0.3 pips | Advanced traders | |
| Elite | $1,000 | Advanced traders needing flexibility | ||
| ECN | $5,000 | 0.1 pips | $7 | Professional traders seeking ECN |
Leverage
Leverage Pemaxx provides leverage of up to 1:500 across its account categories. High leverage can dramatically improve gains on modest price movements, but it also increases the chance of huge losses, particularly in volatile markets, thus traders should exercise caution when using leverage.
Pemaxx Fees
Pemaxx Fees Overall, Pemaxx's fees are lower than industry averages, with its ECN account providing ultra-low spreads but a per-lot commission, whereas other accounts offer broader spreads but no commission.
| Account Type | Spread from | Commission |
| ECN | 0.1 pips | $7 per lot |
| Platinum | 0.3 pips | 0 |
| Elite | ||
| Gold | 0.5 pips | |
| Silver | ||
| Diamond | 0.6 pips | |
| Titanium |
Trading Platform
| Trading Platform | Supported | Available Devices | Suitable for |
| MetaTrader 5 (MT5) | ✔ | Windows, macOS, iOS, Android, Web | Experienced traders |
| MetaTrader 4 (MT4) | ❌ | — | Beginners |
Deposit and Withdrawal
Pemaxx does not impose any deposit or withdrawal fees and provides commission-free transactions across all authorized payment methods. The minimum deposit varies by method, starting at $10.
| Payment Method | Minimum Deposit | Fees | Processing Time |
| Credit Card | $10 | 0 | Instant |
| Bank Transfer | $50 | ||
| PayPal | $20 | ||
| Cheque | $200 |
Keywords
- 2-5 years
- Suspicious Regulatory License
- MT5 Full License
- Regional Brokers
- Mauritius Retail Forex License Revoked
- High potential risk
News
News WikiFX Broker Assessment Series| Pemaxx: Legit or Scam?
Registered in the United Kingdom, Pemaxx presents itself as an online trading platform providing a large financial market including Forex, Futures, Stocks, Indices, Crypto, and Commodities, with the leverage up to 1:500.
Wiki Q&A
Nali5689 
1-2 years
How long does Pemaxx take to process withdrawals?
Withdrawal times depend on the method I use. Credit card withdrawals are instant, while bank transfers can take 1-5 business days. This gives me flexibility to choose the method that best suits my needs.
Broker Issues
Withdrawal
Deposit
06-30
United States
Abu00saeed
1-2 years
Is it safe to trade with Pemaxx?
In my opinion, Pemaxx is legitimate as it holds regulation from the Mauritius FSC. However, being offshore regulated means there could be less stringent enforcement of regulations. I would recommend considering these risks before deciding to trade.
Broker Issues
Regulation
06-19
United States
sweetosh
1-2 years
What can I trade on Pemaxx?
Pemaxx offers a variety of trading instruments, including forex, commodities, cryptocurrencies, indices, and stocks. This variety allows me to diversify my portfolio and trade in multiple markets all under one platform.
Broker Issues
Platform
Leverage
Account
Instruments
06-10
United States
TJensen
1-2 years
What leverage can I get with Pemaxx?
Pemaxx offers leverage of up to 1:500, which is useful for amplifying my trades. However, I need to be cautious when using high leverage, as it can also significantly increase my risk of loss, especially in volatile markets.
Broker Issues
Leverage
Platform
Instruments
Account
05-29
United States
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User Reviews 12
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FX2820909357
United Arab Emirates
Someone is playing with my account when I make profits
Exposure
yogi6234
United Arab Emirates
MT5-1063989. Arohi a sales agent gave a $50 account to trade and said you can withdraw the profits if you acheive trading 10 statndard lots. As per the requirement lots have been completed and equity is now at $1800. Now there are giving false statements and not giving withdrawals. Also they have disabled the access so unable to login as well. When asked they all are talking in rude language. Scammers
Exposure
vishal2941
India
ill face withdrawal problems with my fund in this broker last 10 days no one is replying me to my problems & block me from everywhere
Exposure
Vinayak6131
India
I am working with Pemaxx from last 5 years. It has the best support team. Withdrawal and deposit are very smooth.
Positive
Kiran Patil
India
I am Investor in Pemaxx , I have deposited 2000$ and made 7000$+ . Best Forex Broker ,Deposits and withdrawals are easy and fast. And it has a great support team!
Positive
FX2592840909
United Arab Emirates
Customer support is excellent and always helpful. Perfect for beginners—very user-friendly platform, Pemaxx give me basic to advanced training totally free😀
Positive
FX8379448402
India
Very good service I get, all request has process in time, nice technical support, user friendly platform for all traders.😘
Positive
Vipul59
India
Best payin and payout
Positive
Priya022
India
It's a fake broker i hav all the proofs they have eaten my money
Exposure
liao7038
Hong Kong
I opened an account on this platform and made a profit of more than 7,000 US dollars. At that time, the platform delayed my withdrawal for many days. After I got the account, I said that I would not withdraw the principal, but the platform said it was just them. E-wallet problem, let me continue to trade, but this time I applied for a withdrawal again, the platform still hasn’t received the account for 4 days, alas...a platform, there are no thousands of dollars, it is probably a black platform, I want to hack my principal, I guess I still want to run away, I hope Tianyan can help me get back my full amount
Exposure
liao7038
Hong Kong
Some time ago, I opened an account transaction on Pemaxx and made a profit of 7,000 US dollars. However, I applied for a withdrawal after making a profit, but the account was not credited in 5 days. Moreover, the account was deleted after logging in to the trading software. Isn’t this a trick of the fraud platform? Run away with $10,000? I want to expose this bad platform, expose their person in charge, and let investors open their eyes and see this platform clearly
Exposure
未来集市店主：5232848
Singapore
I have been working with Pemaxx for about one month. It's very user-friendly. Deposits and withdrawals are easy and fast. And it has a great support team!
Positive