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PEMAXX GLOBAL

Severe riskForex / CFD broker
🇲🇺 Mauritius · 2-5 years · since 2022-09-08 · Pemaxx Global Limited
Unregulated
Visit site ↗
—/5
★★★★★ ★★★★★
14 reviews ›
0
Licenses ›
11
Withdrawal issues ›
$10
Min. deposit ›
—
Max leverage ›
7
Account types ›
75/100
Scam risk ›
0
Clone sites ›
Accounts: GOLD · $100ELITE · $1000PLATINUM · $1000ECN · $5000TITANIUM · $10DIAMOND · $30SILVER · $50
▲ 57% positive▼ 43% negative
Independent ratingshow third parties score this broker
WikiFX2.18/10
Trustpilot—/5
Forex Peace Army—/5
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No sign that PEMAXX GLOBAL actively operates in your country (United States). If you were solicited from here, be extra cautious — it may be an unregulated approach or a clone.
75
Severe risk
Scam Risk Scoremonitored · 2026-07-28
Lower riskHigher risk
  • No verified regulatory license on file
  • Registered in Mauritius (offshore, light oversight)
  • 6 user exposure/complaint reports filed
  • Withdrawal complaints in ~79% of recent reviews
How this score is calculated — view the open algorithm

A transparent weighted score from objective public data — each factor scored 0–100 (higher = riskier), combined by the weights below.

FactorScoreWeight
Regulation & licensing8535%
Company age4515%
Clone / impersonation012%
Withdrawal & exposure complaints10012%
Offshore registration808%
Transparency (site/info/social)2510%

Based on public regulatory records, industry databases and independent reviews (Trustpilot, Forex Peace Army). Exit Risk reflects recent negative momentum in real reviews. A risk estimate from public data, not a definitive legal judgment; brokers may request a correction.

Company
Legal namePemaxx Global Limited
Headquarters🇲🇺 Mauritius
Founded2022-09-08
Years operating2-5 years
Employees0
Official websitepemaxx.com
Trading conditions
Avg execution speed0 ms
Avg slippage0
Swap rating—
Trading cost rating—
Monitored traders0
Monitored orders0
Funding & instruments
Deposit methods4 · Bank, Transfer
Withdrawal methods · --
InstrumentsForex pairsMetals
Registered address
20 Edith Cavell Street, Level 6 Ken Lee Building, Port Louis 11302,Mauritius

Regulation & licenses · 0

No valid regulatory license found — high caution advised.

Account types · 7

AccountMax leverageMin. depositMin. spreadCommissionEA
GOLD--$100from 0.5--✓
ELITE--$1000from 0.3--✓
PLATINUM--$1000from 0.3--✓
ECN--$5000from 0.17✓
TITANIUM--$10from 0.6--✓
DIAMOND--$30from 0.6--✓
SILVER--$50from 0.5--✓

Review analysis AI

Pemaxx Global presents a wide range of account options and instruments with high leverage, but its regulatory status is questionable. The claimed FSC licence could not be independently confirmed, and the broker is not overseen by any top-tier regulator. Combined with the FXCanary Scam Risk Score of 75/100, this indicates a high-risk environment where traders should exercise extreme caution and consider more regulated alternatives.

Best for
  • Traders seeking multi-asset access on MetaTrader 5
  • Retail traders interested in high leverage up to 1:500
  • Those who prefer low minimum deposits (as low as $10)
Not for
  • Traders requiring strong regulatory protection (e.g., FCA, CySEC)
  • Investors seeking negative balance protection or compensation schemes
  • High-volume scalpers who need tight spreads on all account types
Period:
What users complain about
What users praise
Where reviewers are from
India8
United Arab Emirates3
Hong Kong2
Singapore1

Real user reviews

Where PEMAXX GLOBAL operates

Active across 2 markets (by market presence). Licensing rarely covers all of them — where it isn’t locally licensed, you’re onboarded under an offshore entity with weaker protection.

🇮🇳 India 2 complaints
🇦🇪 United Arab Emirates 2 complaints
🇭🇰 Hong Kong 2 complaints

Market presence: WikiFX SkyEye · complaints: our records · licensing: official registers. Where you’re accepted is set by the broker’s own terms — always confirm before depositing.

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What PEMAXX GLOBAL says about itself as stated by the broker · not independently verified by FXCanary

Account Types and Minimum Deposits

According to its website, Pemaxx Global offers seven account tiers: GOLD (min deposit $100), ELITE ($1,000), PLATINUM ($1,000), ECN ($5,000), TITANIUM ($10), DIAMOND ($30), and SILVER ($50). The broker claims that spreads start from 0.1 pips on ECN accounts and 0.3 pips on PLATINUM and ELITE, with zero commission on the latter. All accounts use MetaTrader 5 with floating spreads and USD base currency, and are swap-free under certain conditions.

Trading Platforms and Instruments

Pemaxx states that it provides the MetaTrader 5 platform via web, desktop, iOS, and Android. Traders can access forex pairs (all 7 major and 28 others), metals (gold, silver), energies (crude oil, natural gas), indices (major global indices), cryptocurrencies (over 25 digital assets), and stocks. The broker emphasises low and stable spreads, no swap charges for non-arbitrage traders, and order execution in under 0.1 seconds.

Leverage and Funding

The broker claims leverage up to 1:500 for most forex pairs and up to 1:400 for indices. Pemaxx also says traders can start with as little as $25 and trade from 0.01 lots. The website provides tutorials on depositing and withdrawing funds, though specific payment methods are not listed on the pages captured.

Regulatory Status

On its website, Pemaxx asserts that it is 'a licensed broker with a license from the Mauritius Financial Services Commission (FSC, No. C24209694).' The company description further states that it was created in 2023 and registered in Mauritius, offering a comprehensive range of trading services including forex, commodities, cryptocurrency, indices, and stocks via MetaTrader 5.

About PEMAXX GLOBAL

Overview and Background

Pemaxx Global is a retail forex and CFD broker founded on 8 September 2022 and registered in Mauritius. The company's official domain, pemaxx.com, presents itself as a multi-asset brokerage offering trading in forex, metals, energies, indices, cryptocurrencies, and stocks. Its registered address is 20 Edith Cavell Street, Level 6 Ken Lee Building, Port Louis 11302, Mauritius. The broker targets retail traders seeking access to global markets with leveraged products.

Regulatory Information

As per our records, Pemaxx Global claims to be licensed by the Mauritius Financial Services Commission (FSC) under number C24209694. However, independent verification of this licence is not available from public registers at the time of review. The broker is not regulated by any major financial authority such as the FCA, CySEC, or ASIC. This absence of robust regulatory oversight represents a significant consideration for traders.

Account Types and Minimum Deposits

Pemaxx offers seven distinct account types: GOLD ($100 minimum), ELITE ($1,000), PLATINUM ($1,000), ECN ($5,000), TITANIUM ($10), DIAMOND ($30), and SILVER ($50). The broker states that ECN accounts have floating spreads from 0.1 pips with a commission of $7 per lot, while PLATINUM and ELITE accounts offer spreads from 0.3 pips with no commission. All accounts are based on MetaTrader 5, use USD as base currency, and are advertised as swap-free under normal trading conditions.

Trading Instruments

The broker covers a range of asset classes: forex pairs (all major and numerous minors and exotics), metals (gold and silver), energies (crude oil and natural gas), major global indices, cryptocurrencies (Bitcoin, Ethereum, Litecoin, etc.), and stocks. According to the website, Pemaxx provides stable spreads and no chart manipulations. The broker also markets halal trading options for commodities.

Platforms and Technology

MetaTrader 5 is the sole trading platform offered, available via desktop (Windows, macOS), web browser, and mobile apps for iOS and Android. The broker highlights fast execution (under 0.1 seconds) and customizable leverage up to 1:500 for forex pairs and 1:400 for indices. Traders can start with positions as small as 0.01 lots.

Target Audience

Pemaxx Global appears to target both novice and experienced traders by offering a wide range of minimum deposits from as low as $10 to $5,000. The inclusion of swap-free accounts and a tiered account structure suggests an attempt to accommodate different trading styles and capital levels. However, the lack of regulatory oversight may limit its appeal to risk-averse traders.

Overview compiled by FXCanary from regulatory records and public data. full PEMAXX GLOBAL review