Group MaxOption

Group Max Option is a retail forex and CFD broker registered in the United Kingdom, though its registered address is listed as 11 Grace Avenue, Ste 108, Great Neck, New York, USA. The firm was founded in October 2025, making it a very new entrant to the online trading space. The broker operates through its official website at groupmaxoption.live, offering a multi-asset trading platform to individual traders.

The broker's regulatory status is a critical point for traders: FXCanary's records indicate that Group Max Option does not hold any form of authorisation or licence from a financial regulator. The address in Great Neck, New York, is not a regulated jurisdiction for retail forex brokers. This absence of regulatory oversight is a significant factor to consider when evaluating the safety of client funds.

Group Max Option offers five distinct account types: BEGINNER ($100 minimum), TEST ($500), BASIC ($3,000), STANDARD ($25,000), and BUSINESS ($100,000). No maximum leverage figures have been disclosed for any of these tiers. The wide range of minimum deposits suggests the broker aims to cater to both novice traders with small capital and high-net-worth individuals seeking larger exposure.

However, the lack of leverage information makes it difficult for traders to evaluate potential risk. In our assessment, the very high minimum deposits for the STANDARD and BUSINESS accounts (in the tens of thousands of dollars) are unusual for an unregulated broker and could pose a risk to clients who commit such amounts without regulatory protection.

According to the broker's website, clients can trade a variety of asset classes including forex, cryptocurrencies, commodities, and indices via CFDs. The platform is described as offering competitive spreads and fast execution. Group Max Option provides a dedicated Android app available for download directly from the site, and for iOS users, a web-app installation via Safari is offered.

The actual trading platform software is not clearly identified; it may be a proprietary solution or a white-label setup. There is no mention of popular third-party platforms such as MetaTrader 4 or 5, which could be a limitation for traders accustomed to those environments.

Group Max Option states it is based in the United Kingdom, but its listed registered address is in Great Neck, New York, USA. This discrepancy between the country of registration and the physical address is noteworthy. The firm was founded in late October 2025, which means it has been operational for only a short period at the time of this review.

A very new broker with no regulatory licence and an address in a non-regulatory jurisdiction raises questions about operational transparency. Traders are advised to conduct thorough due diligence before opening an account or depositing funds.

No specific funding methods are mentioned in the available marketing material. As with most unregulated brokers, potential clients should inquire directly about payment options. The absence of clear information on deposit and withdrawal processes is a common red flag in the industry.

FXCanary recommends that traders verify any fee schedules, processing times, and withdrawal conditions in writing before committing capital. Without a regulated broker's protections, disputes over funds can be difficult to resolve.

Given the low minimum deposit for the BEGINNER account ($100), Group Max Option appears to target entry-level traders. However, the higher-tier accounts with deposits of $25,000 and $100,000 suggest they also court semi-professional and high-net-worth individuals. The lack of regulation means that the broker is not subject to investor protection schemes or standard auditing, making it a higher-risk choice for any audience.

FXCanary's Scam Risk Score of 57/100 (Elevated) reflects these concerns, placing the broker in a cautionary category. Traders should weigh the potential rewards against the clear risks of dealing with an unlicensed, newly established firm.